XML 62 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]      
Net revenue $ 729.5us-gaap_SalesRevenueNet [1] $ 860.8us-gaap_SalesRevenueNet [1] $ 1,006.7us-gaap_SalesRevenueNet
Cost of goods sold 591.1us-gaap_CostOfGoodsAndServicesSold 672.1us-gaap_CostOfGoodsAndServicesSold 817.4us-gaap_CostOfGoodsAndServicesSold
Gross profit 138.4us-gaap_GrossProfit [1] 188.7us-gaap_GrossProfit [1] 189.3us-gaap_GrossProfit
Operating expenses:      
Selling, general and administrative 174.7us-gaap_SellingGeneralAndAdministrativeExpense 181.6us-gaap_SellingGeneralAndAdministrativeExpense 191.1us-gaap_SellingGeneralAndAdministrativeExpense
Research and development 18.8us-gaap_ResearchAndDevelopmentExpense 18.4us-gaap_ResearchAndDevelopmentExpense 20.4us-gaap_ResearchAndDevelopmentExpense
Intangible impairments 0us-gaap_ImpairmentOfIntangibleAssetsFinitelived 0us-gaap_ImpairmentOfIntangibleAssetsFinitelived 251.8us-gaap_ImpairmentOfIntangibleAssetsFinitelived
Litigation settlement 0us-gaap_LitigationSettlementExpense (2.5)us-gaap_LitigationSettlementExpense 0us-gaap_LitigationSettlementExpense
Goodwill impairment 35.4us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss 23.3us-gaap_GoodwillImpairmentLoss
Restructuring and other 13.6imn_RestructuringSettlementImpairmentAndOtherExpensesIncludingBusinessCombinationsAcquisitionAndIntegrationCostsExcludingGoodwill 11.3imn_RestructuringSettlementImpairmentAndOtherExpensesIncludingBusinessCombinationsAcquisitionAndIntegrationCostsExcludingGoodwill 21.1imn_RestructuringSettlementImpairmentAndOtherExpensesIncludingBusinessCombinationsAcquisitionAndIntegrationCostsExcludingGoodwill
Total 242.5us-gaap_OperatingExpenses 208.8us-gaap_OperatingExpenses 507.7us-gaap_OperatingExpenses
Operating loss (104.1)us-gaap_OperatingIncomeLoss [1] (20.1)us-gaap_OperatingIncomeLoss [1] (318.4)us-gaap_OperatingIncomeLoss
Other (income) expense      
Interest income (0.5)us-gaap_InvestmentIncomeInterest (0.2)us-gaap_InvestmentIncomeInterest (0.5)us-gaap_InvestmentIncomeInterest
Interest expense 2.6us-gaap_InterestExpense 2.5us-gaap_InterestExpense 2.9us-gaap_InterestExpense
Other expense, net 3.1us-gaap_OtherNonoperatingIncomeExpense 0.6us-gaap_OtherNonoperatingIncomeExpense 2.6us-gaap_OtherNonoperatingIncomeExpense
Total 5.2imn_OtherExpenseTotal 2.9imn_OtherExpenseTotal 5.0imn_OtherExpenseTotal
Loss from continuing operations before income taxes (109.3)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (23.0)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (323.4)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax provision 3.1us-gaap_IncomeTaxExpenseBenefit 1.4us-gaap_IncomeTaxExpenseBenefit 1.4us-gaap_IncomeTaxExpenseBenefit
Loss from continuing operations (112.4)us-gaap_IncomeLossFromContinuingOperations [1] (24.4)us-gaap_IncomeLossFromContinuingOperations [1] (324.8)us-gaap_IncomeLossFromContinuingOperations
Discontinued operations:      
(Loss)/gain on sale of discontinued businesses, net of income taxes (1.7)us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 0.9us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax 0us-gaap_DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
Loss from discontinued operations, net of income taxes (0.6)imn_IncomeLossfromDiscontinuedOperationsBeforeGainLossonSaleofDiscontinuedBusinessesNetofTaxAttributabletoParent (20.9)imn_IncomeLossfromDiscontinuedOperationsBeforeGainLossonSaleofDiscontinuedBusinessesNetofTaxAttributabletoParent (15.9)imn_IncomeLossfromDiscontinuedOperationsBeforeGainLossonSaleofDiscontinuedBusinessesNetofTaxAttributabletoParent
Loss from discontinued operations (2.3)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity [1] (20.0)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity [1] (15.9)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net loss $ (114.7)us-gaap_NetIncomeLoss [1] $ (44.4)us-gaap_NetIncomeLoss [1] $ (340.7)us-gaap_NetIncomeLoss
Loss per common share — basic:      
Continuing operations (dollars per share) $ (2.74)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1] $ (0.60)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1] $ (8.67)us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operations (dollars per share) $ (0.06)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [1] $ (0.49)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare [1] $ (0.42)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net loss (dollars per share) $ (2.80)us-gaap_EarningsPerShareBasic [1] $ (1.10)us-gaap_EarningsPerShareBasic [1] $ (9.09)us-gaap_EarningsPerShareBasic
Loss per common share — diluted:      
Continuing operations (dollars per share) $ (2.74)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1] $ (0.60)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1] $ (8.67)us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued operations (dollars per share) $ (0.06)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [1] $ (0.49)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare [1] $ (0.42)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net loss (dollars per share) $ (2.80)us-gaap_EarningsPerShareDiluted [1] $ (1.10)us-gaap_EarningsPerShareDiluted [1] $ (9.09)us-gaap_EarningsPerShareDiluted
Weighted average shares outstanding:      
Basic (in shares) 41.0us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 40.5us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 37.5us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 41.0us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 40.5us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 37.5us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividend paid per common share (dollars per share) $ 0us-gaap_CommonStockDividendsPerShareCashPaid $ 0us-gaap_CommonStockDividendsPerShareCashPaid $ 0us-gaap_CommonStockDividendsPerShareCashPaid
[1] The sum of the quarterly loss per share may not equal the annual loss per share due to changes in average shares outstanding.