XML 61 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Summary of Segment Results from Continuing Operations
A summary of segment results from continuing operations are shown in the following tables.
 
External
Sales
 
Inter-
Segment
Sales
 
Total
Sales
 
EBIT
Nine Months Ended September 30, 2012:
 
 
 
 
 
 
 
Residential Furnishings
$
1,442.7

 
$
6.3

 
$
1,449.0

 
$
119.9

Commercial Fixturing & Components
388.4

 
3.5

 
391.9

 
29.5

Industrial Materials
497.6

 
194.1

 
691.7

 
48.9

Specialized Products
539.1

 
33.1

 
572.2

 
66.6

Intersegment eliminations
 
 
 
 
 
 
(7.0
)
Change in LIFO reserve
 
 
 
 
 
 
7.8

 
$
2,867.8

 
$
237.0

 
$
3,104.8

 
$
265.7

Nine Months Ended September 30, 2011:
 
 
 
 
 
 
 
Residential Furnishings
$
1,393.1

 
$
6.7

 
$
1,399.8

 
$
116.8

Commercial Fixturing & Components
405.6

 
3.9

 
409.5

 
22.4

Industrial Materials
468.6

 
187.5

 
656.1

 
39.3

Specialized Products
514.6

 
34.4

 
549.0

 
60.1

Intersegment eliminations
 
 
 
 
 
 
(5.6
)
Change in LIFO reserve
 
 
 
 
 
 
(8.1
)
 
$
2,781.9

 
$
232.5

 
$
3,014.4

 
$
224.9

Three Months Ended September 30, 2012:
 
 
 
 
 
 
 
Residential Furnishings
$
479.7

 
$
2.0

 
$
481.7

 
$
39.7

Commercial Fixturing & Components
161.5

 
1.3

 
162.8

 
19.2

Industrial Materials
159.6

 
58.4

 
218.0

 
19.3

Specialized Products
181.4

 
9.6

 
191.0

 
22.8

Intersegment eliminations
 
 
 
 
 
 
(1.8
)
Change in LIFO reserve
 
 
 
 
 
 
5.7

 
$
982.2

 
$
71.3

 
$
1,053.5

 
$
104.9

Three Months Ended September 30, 2011:
 
 
 
 
 
Residential Furnishings
$
470.2

 
$
2.1

 
$
472.3

 
$
33.5

Commercial Fixturing & Components
140.5

 
1.2

 
141.7

 
6.7

Industrial Materials
156.8

 
59.9

 
216.7

 
11.7

Specialized Products
173.4

 
14.3

 
187.7

 
20.6

Intersegment eliminations
 
 
 
 
 
 
(1.8
)
Change in LIFO reserve
 
 
 
 
 
 
.9

 
$
940.9

 
$
77.5

 
$
1,018.4

 
$
71.6

Average Assets for Segments
Average assets for our segments are shown in the table below and reflect the basis for return measures used by management to evaluate segment performance. These segment totals include working capital (all current assets and current liabilities) plus net property, plant and equipment. Segment assets for all years are reflected at their estimated average for the periods presented.
 
 
September 30,
2012
 
December 31,
2011
Residential Furnishings
$
612.0

 
$
624.1

Commercial Fixturing & Components
164.8

 
176.1

Industrial Materials
242.4

 
218.1

Specialized Products
228.1

 
226.6

Average current liabilities included in segment numbers above
443.0

 
417.7

Assets held for sale
20.5

 
19.6

Unallocated assets (1)
1,514.2

 
1,328.3

Difference between average assets and period-end balance sheet
20.9

 
(95.4
)
Total assets
$
3,245.9

 
$
2,915.1

 
(1)
Primarily goodwill, other intangibles, cash and notes receivable