XML 71 R41.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting Information [Line Items]  
Schedule Of Company's Reportable Segments
The Company’s reportable segments as of June 30, 2016 are as follows:
Segment
  
Key Brands
  
Description of Primary Products
Writing
 
Sharpie®, Paper Mate®, Expo®, Prismacolor®,
Mr. Sketch®, Elmer’s®,
X-Acto®, Parker®, Waterman®, Dymo® Office
 
Writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products; fine writing instruments; labeling solutions
Home Solutions
 
Rubbermaid®, Contigo®, bubba®, Calphalon®, Goody®
 
Indoor/outdoor organization, food storage and home storage products; durable beverage containers; gourmet cookware, bakeware and cutlery; hair care accessories
Tools
 
Irwin®, Lenox®, hilmor, Dymo® Industrial
 
Hand tools and power tool accessories; industrial bandsaw blades; tools for HVAC systems; label makers and printers for industrial use
Commercial Products
  
Rubbermaid Commercial Products®
  
Cleaning and refuse products; hygiene systems; material handling solutions
Baby & Parenting
  
Graco®, Baby Jogger®, Aprica®, Teutonia®
  
Infant and juvenile products such as car seats, strollers, highchairs and playards
Branded Consumables
 
Yankee Candle®, Waddington, Ball®, Diamond®, First Alert®, NUK®, Pine Mountain®
 
Branded consumer products; consumable and fundamental household staples
Consumer Solutions
 
Crock-Pot®, FoodSaver®, Holmes®, Mr. Coffee®, Oster®, Rainbow®, Sunbeam®
 
Household products, including kitchen appliances and home environment products
Outdoor Solutions
 
Coleman®, Jostens®, Berkley®, Shakespeare®, Rawlings®, Völkl®, K2®, Marmot®
 
Products for outdoor and outdoor-related activities
Process Solutions
 
Jarden Plastic Solutions, Jarden Applied Materials, Jarden Zinc Products
 
Plastic products, including closures, contact lens packaging, medical disposables, plastic cutlery and rigid packaging

Schedule of Segment Reporting Information, by Segment
The Company’s segment and geographic results are as follows for the periods indicated (in millions):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Net Sales (1)
 
 
 
 
 
 
 
Writing
$
574.4

 
$
495.9

 
$
953.2

 
$
837.7

Home Solutions
433.5

 
438.5

 
805.6

 
803.0

Tools
197.4

 
205.2

 
377.1

 
385.6

Commercial Products
194.0

 
210.6

 
368.5

 
395.8

Baby & Parenting
236.9

 
210.7

 
446.7

 
402.8

Branded Consumables
777.3

 

 
777.3

 

Consumer Solutions
406.6

 

 
406.6

 

Outdoor Solutions
953.4

 

 
953.4

 

Process Solutions
85.1

 

 
85.1

 

 
$
3,858.6

 
$
1,560.9

 
$
5,173.5

 
$
2,824.9

Operating Income (Loss) (2)
 
 
 
 
 
 
 
Writing
$
154.1

 
$
132.5

 
$
237.9

 
$
214.9

Home Solutions
41.7

 
68.7

 
77.8

 
107.2

Tools
22.2

 
23.4

 
40.9

 
45.6

Commercial Products
25.4

 
28.9

 
47.8

 
45.9

Baby & Parenting
24.4

 
16.7

 
47.5

 
17.2

Branded Consumables
(26.0
)
 

 
(26.0
)
 

Consumer Solutions
(16.5
)
 

 
(16.5
)
 

Outdoor Solutions
55.4

 

 
55.4

 

Process Solutions
(1.4
)
 

 
(1.4
)
 

Restructuring costs
(11.0
)
 
(13.3
)
 
(28.7
)
 
(40.6
)
Corporate
(130.6
)
 
(42.2
)
 
(171.6
)
 
(77.3
)
 
$
137.7

 
$
214.7

 
$
263.1

 
$
312.9

Schedule of Assets by Reportable Segment [Table Text Block]
 
June 30, 2016
 
December 31, 2015
Identifiable Assets
 
 
 
Writing
$
1,593.6

 
$
1,286.5

Home Solutions
859.5

 
776.7

Tools
605.6

 
578.8

Commercial Products
346.2

 
351.7

Baby & Parenting
494.2

 
485.1

Branded Consumables
7,708.8

 

Consumer Solutions
3,776.7

 

Outdoor Solutions
4,942.8

 

Process Solutions
620.4

 

Corporate (3)
13,007.5

 
3,780.7

 
$
33,955.3

 
$
7,259.5

Schedule Of Geographic Area Information
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(in millions)
2016
 
2015
 
2016
 
2015
Net Sales (1), (4)
 
 
 
 
 
 
 
North America
$
3,055.0

 
$
1,185.9

 
$
4,099.1

 
$
2,149.3

Europe, Middle East and Africa
455.1

 
167.0

 
582.7

 
294.6

Latin America
159.6

 
114.6

 
215.4

 
204.0

Asia Pacific
188.9

 
93.4

 
276.3

 
177.0

Total International
803.6

 
375.0

 
1,074.4

 
675.6

 
$
3,858.6

 
$
1,560.9

 
$
5,173.5

 
$
2,824.9


(1)
All intercompany transactions have been eliminated. Sales to Wal-Mart Stores, Inc. and subsidiaries amounted to approximately 12.6% and 10.3% of consolidated net sales in the three months ended June 30, 2016 and 2015, respectively, and approximately 12.6% and 10.0% of consolidated net sales in the six months ended June 30, 2016 and 2015, respectively.

(2)
Operating income (loss) by segment is net sales less cost of products sold and SG&A expenses for continuing operations. Certain headquarters expenses of an operational nature are allocated to business segments primarily on a net sales basis. Corporate depreciation and amortization is allocated to the segments on a percentage of sales basis, and the allocated depreciation and amortization is included in segment operating income.

(3)
Corporate assets primarily include capitalized software, cash, benefit plan assets, deferred tax assets, assets held for sale and all of the Company’s goodwill.

(4)
Geographic sales information is based on the region from which the products are shipped and invoiced.