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SEGMENT AND RELATED INFORMATION | 12 Months Ended
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Dec. 31, 2014
SEGMENT AND RELATED INFORMATION [Abstract] |
SEGMENT AND RELATED INFORMATION | 12. SEGMENT AND RELATED INFORMATION The Company operates and is internally managed in two reportable business segments, Technology Products and Industrial Products. The Company’s chief operating decision-maker is the Company’s Chief Executive Officer (“CEO”). The CEO, in his role as Chief Operating Decision Maker (“CODM”), evaluates segment performance based on operating income (loss) from continuing operations. The CODM reviews assets and makes significant capital expenditure decisions for the Company on a consolidated basis only. The accounting policies of the segments are the same as those of the Company. Corporate costs not identified with the disclosed segments are grouped as “Corporate and other expenses.” Financial information relating to the Company's operations by reportable segment was as follows (in millions):
|  | Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Net Sales: |  |  |  |  |  |  |  |  |
Technology Products |  | $ | 2,880.9 |  |  | $ | 2,873.3 |  |  | $ | 3,137.6 |
Industrial Products |  |  | 556.0 |  |  |  | 473.8 |  |  |  | 401.9 |
Corporate and other |  |  | 5.9 |  |  |  | 5.2 |  |  |  | 4.8 |
Consolidated |  | $ | 3,442.8 |  |  | $ | 3,352.3 |  |  | $ | 3,544.3 |
Depreciation and Amortization Expense: |  |  |  |  |  |  |  |  |  |  |  |
Technology Products |  | $ | 12.9 |  |  | $ | 16.1 |  |  | $ | 15.1 |
Industrial Products |  |  | 2.1 |  |  |  | 2.2 |  |  |  | 1.9 |
Corporate and other |  |  | 1.3 |  |  |  | 1.0 |  |  |  | 1.0 |
Consolidated |  | $ | 16.3 |  |  | $ | 19.3 |  |  | $ | 18.0 |
Operating Income (Loss): |  |  |  |  |  |  |  |  |  |  |  |
Technology Products |  | $ | (51.3 | ) |  | $ | (40.6 | ) |  | $ | (47.2 | )
Industrial Products |  |  | 41.0 |  |  |  | 40.0 |  |  |  | 29.9 |
Corporate and other expenses |  |  | (15.6 | ) |  |  | (20.0 | ) |  |  | (22.6 | )
Consolidated |  | $ | (25.9 | ) |  | $ | (20.6 | ) |  | $ | (39.9 | )
Total Assets |  |  |  |  |  |  |  |  |  |  |  |
Technology Products |  | $ | 501.9 |  |  | $ | 598.3 |  |  | $ | 564.4 |
Industrial Products |  |  | 136.4 |  |  |  | 110.0 |  |  |  | 157.7 |
Corporate and other |  |  | 256.6 |  |  |  | 233.9 |  |  |  | 240.2 |
Consolidated |  | $ | 894.9 |  |  | $ | 942.2 |  |  | $ | 962.3 |
Financial information relating to the Company's operations by geographic area was as follows (in millions):
|  | Year Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Net Sales: |  |  |  |  |  |  |  |  |
United States |  | $ | 2,061.8 |  |  | $ | 2,051.1 |  |  |  | 2.203.2 |
United Kingdom |  |  | 471.9 |  |  |  | 468.5 |  |  |  | 491.7 |
France |  |  | 383.2 |  |  |  | 335.4 |  |  |  | 312.7 |
Other Europe |  |  | 334.8 |  |  |  | 291.5 |  |  |  | 322.3 |
Other North America |  |  | 191.1 |  |  |  | 205.8 |  |  |  | 214.4 |
Consolidated |  | $ | 3,442.8 |  |  | $ | 3,352.3 |  |  |  | 3,544.3 |
Long-lived Assets: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 16.7 |  |  | $ | 32.3 |  |  | $ | 42.0 |
United Kingdom |  |  | 17.5 |  |  |  | 18.7 |  |  |  | 16.6 |
France |  |  | 0.8 |  |  |  | 0.9 |  |  |  | 0.1 |
Other Europe and Asia |  |  | 5.5 |  |  |  | 6.4 |  |  |  | 2.7 |
Other North America |  |  | 0.7 |  |  |  | 1.1 |  |  |  | 1.6 |
Consolidated |  | $ | 41.2 |  |  | $ | 59.4 |  |  | $ | 63.0 |
Net sales are attributed to countries based on location of selling subsidiary.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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