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Segment Information (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Summary of Segment Results from Continuing Operations
A summary of segment results is shown in the following tables:
Trade 1
Sales
Inter-
Segment
Sales
Total
Sales
EBITDepreciation and Amortization
Three Months Ended March 31, 2024
Bedding Products 2
$448.0 $6.4 $454.4 $15.7 $14.6 
Specialized Products 315.9 .4 316.3 23.7 10.1 
Furniture, Flooring & Textile Products333.0 2.5 335.5 23.6 5.3 
Intersegment eliminations and other 3
 2.9 
$1,096.9 $9.3 $1,106.2 $63.0 $32.9 
Three Months Ended March 31, 2023
Bedding Products$528.5 $9.6 $538.1 $33.3 $25.6 
Specialized Products320.7 .4 321.1 28.7 10.7 
Furniture, Flooring & Textile Products364.4 3.1 367.5 28.3 5.8 
Intersegment eliminations and other 3
(1.0)3.3 
$1,213.6 $13.1 $1,226.7 $89.3 $45.4 
1 See Note B for revenue by product family.
2 The lower amortization expense in the three months ended March 31, 2024, is due to the fourth quarter 2023 long-lived asset impairment.
3 Depreciation and Amortization: Other relates to non-operating assets (assets not included in segment assets) and is allocated to segment EBIT as discussed above.
Summary of 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 the average of both working capital (all current assets and current liabilities) plus net property, plant and equipment.
Average Assets by SegmentMarch 31, 2024December 31, 2023
Bedding Products$791.3 $815.2 
Specialized Products393.6 398.6 
Furniture, Flooring & Textile Products350.8 390.3 
Average current liabilities included in segment numbers above692.1 736.1 
Unallocated assets 1
2,408.6 2,403.2 
Difference between average assets and period-end balance sheet(21.6)(108.9)
Total assets$4,614.8 $4,634.5 
1 Unallocated assets consist primarily of goodwill, other intangibles, cash, and deferred tax assets.