XML 36 R25.htm IDEA: XBRL DOCUMENT v3.19.2
SEGMENT INFORMATION (Tables)
 6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Summary of Segment Results from Continuing Operations
A summary of segment results from continuing operations is shown in the following tables.
 
Trade
Sales
 
Inter-
Segment
Sales
 
Total
Sales
 
EBIT
 
Depreciation and Amortization
Three Months Ended June 30, 2019
 
 
 
 
 
 
 
 
 
Residential Products
$
606.7

 
$
3.6

 
$
610.3

 
$
44.4

 
$
26.0

Industrial Products
80.4

 
75.6

 
156.0

 
29.2

 
2.8

Furniture Products
259.1

 
2.2

 
261.3

 
20.9

 
4.0

Specialized Products
267.0

 
.7

 
267.7

 
41.5

 
10.4

Intersegment eliminations, unallocated assets and other 1
 
 
 
 
 
 
—

 
6.8

 
$
1,213.2

 
$
82.1

 
$
1,295.3

 
$
136.0

 
$
50.0

Three Months Ended June 30, 2018
 
 
 
 
 
 
 
Residential Products
$
438.8

 
$
4.7

 
$
443.5

 
$
40.0

 
$
11.7

Industrial Products
96.4

 
74.1

 
170.5

 
13.4

 
2.5

Furniture Products
291.4

 
3.6

 
295.0

 
16.3

 
4.4

Specialized Products
275.9

 
.6

 
276.5

 
51.9

 
9.8

Intersegment eliminations, unallocated assets and other 1
 
 
 
 
 
 
(.5
)
 
5.4

 
$
1,102.5

 
$
83.0

 
$
1,185.5

 
$
121.1

 
$
33.8

 
Trade
Sales
 
Inter-
Segment
Sales
 
Total
Sales
 
EBIT
 
Depreciation and Amortization
Six Months Ended June 30, 2019
 
 
 
 
 
 
 
 
 
Residential Products
$
1,143.1

 
$
6.4

 
$
1,149.5

 
$
76.3

 
$
49.2

Industrial Products
169.5

 
154.5

 
324.0

 
53.3

 
5.4

Furniture Products
525.8

 
5.2

 
531.0

 
27.3

 
8.0

Specialized Products
529.9

 
1.6

 
531.5

 
77.2

 
20.6

Intersegment eliminations, unallocated assets and other 1
 
 
 
 
 
 
.1

 
13.1

 
$
2,368.3

 
$
167.7

 
$
2,536.0

 
$
234.2

 
$
96.3

Six Months Ended June 30, 2018
 
 
 
 
 
 
 
Residential Products
$
836.9

 
$
9.3

 
$
846.2

 
$
75.0

 
$
23.0

Industrial Products
178.4

 
144.5

 
322.9

 
22.4

 
5.1

Furniture Products
572.7

 
6.5

 
579.2

 
34.3

 
8.7

Specialized Products
543.3

 
1.3

 
544.6

 
98.0

 
18.9

Intersegment eliminations, unallocated assets and other 1
 
 
 
 
 
 
(1.2
)
 
11.5

 
$
2,131.3

 
$
161.6

 
$
2,292.9

 
$
228.5

 
$
67.2


1 Unallocated depreciation and amortization consists primarily of depreciation of non-operating assets and amortization of debt issuance costs.
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. 
 
June 30,
2019
 
December 31,
2018
Residential Products
$
800.4

 
$
609.4

Industrial Products
169.6

 
163.8

Furniture Products
253.9

 
279.8

Specialized Products
358.9

 
342.5

Average current liabilities included in segment numbers above
756.3

 
661.8

Unallocated assets 1
2,691.2

 
1,278.0

Difference between average assets and period-end balance sheet
(28.3
)
 
46.7

Total assets
$
5,002.0

 
$
3,382.0

 
1 Unallocated assets consist primarily of goodwill, other intangibles, cash and deferred tax assets.