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Segment Information
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Segment Information

Footnote 17 — Segment Information

In order to align reporting with the company’s New Growth Game Plan strategy and organization structure, effective January 1, 2017 the Company is reporting its financial results in five segments as Live, Learn, Work, Play and Other.

This new structure reflects the manner in which the chief operating decision maker regularly assesses information for decision-making purposes, including the allocation of resources. All prior periods have been reclassified to conform to the current reporting structure.

 

The Company’s reportable segments are as follows:

 

Segment

  

Key Brands

  

Description of Primary Products

Live    Aprica®, Baby Jogger®, Ball®, Calphalon®, Crock-Pot®, FoodSaver®,Graco®, Holmes®, Mr. Coffee®, NUK®, Oster®, Rubbermaid®, Sunbeam®, Tigex®, Yankee Candle®    Household products, including kitchen appliances, gourmet cookware, bakeware and cutlery, food storage and home storage products, fresh preserving products, home fragrance products; baby gear, infant care and health products; home environment products and durable beverage containers
Learn    Dymo®, Elmer’s®, Expo®, Jostens®, Mr. Sketch®, Paper Mate®, Parker®, Prismacolor®, Sharpie®, Waterman®, X-Acto®    Writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products; fine writing instruments, labeling solutions and a variety of support products for schools
Work    Mapa®, Quickie®, Rainbow®, Rubbermaid®, Rubbermaid Commercial Products®, Spontex®, Waddington    Cleaning and refuse products; hygiene systems; material handling solutions, consumer and commercial totes and commercial food service and premium tableware products
Play    Berkley®, Coleman®, Contigo®, Ex Officio®, Marmot®, Rawlings®, Shakespeare®    Products for outdoor and outdoor-related activities
Other    Jarden Plastic Solutions, Jarden Applied Materials, Jarden Zinc Products, Goody®, Bicycle®, Rainbow®    Plastic products including closures, contact lens packaging, medical disposables, plastic cutlery and rigid packaging, beauty products and gaming products

Segment information as of and for the periods indicated is as follows (in millions):

 

     Three Months Ended June 30, 2017  
     Live      Learn      Work      Play      Other     Corporate     Restructuring
Costs
    Consolidated  

Net sales (1)

   $ 1,277.6      $ 1,011.4      $ 737.7      $ 782.0      $ 245.9     $ —       $ —       $ 4,054.6  

Operating income (loss) (2)

     96.2        304.5        120.5        89.0        (45.5     (111.1     (30.5     423.1  

Other segment data:

                    

Total assets

     13,840.8        5,971.3        5,357.8        4,994.8        2,535.1       1,250.2       —         33,950.0  
     Three Months Ended June 30, 2016  
     Live      Learn      Work      Play      Other     Corporate     Restructuring
Costs
    Consolidated  

Net sales (1)

   $ 1,123.0      $ 911.7      $ 646.8      $ 685.0      $ 492.1     $ —       $ —       $ 3,858.6  

Operating income (loss) (2)

     2.5        233.3        27.2        2.2        14.1       (130.6     (11.0     137.7  

Other segment data:

                    

Total assets

     10,682.3        3,138.8        3,266.2        3,704.0        2,893.4       10,270.6       —         33,955.3  
     Six Months Ended June 30, 2017  
     Live      Learn      Work      Play      Other     Corporate     Restructuring
Costs
    Consolidated  

Net sales (1)

   $ 2,345.4      $ 1,580.5      $ 1,351.4      $ 1,410.0      $ 633.6     $ —       $ —       $ 7,320.9  

Operating income (loss) (2)

     153.8        392.7        183.4        145.3        (41.5     (210.8     (43.8     579.1  
     Six Months Ended June 30, 2016  
     Live      Learn      Work      Play      Other     Corporate     Restructuring
Costs
    Consolidated  

Net sales (1)

   $ 1,445.1      $ 1,296.6      $ 915.4      $ 746.1      $ 770.3     $ —       $ —       $ 5,173.5  

Operating income (loss) (2)

     34.5        318.1        67.7        0.1        43.0       (171.6     (28.7     263.1  

 

(1) All intercompany transactions have been eliminated.
(2) Operating income (loss) by segment is net sales less cost of products sold, SG&A and impairment of goodwill, intangibles and other assets for continuing operations. Certain headquarters expenses of an operational nature are allocated to business segments primarily on a net sales basis. Corporate depreciation and amortization is allocated to the segments on a percentage of sales basis, and the allocated depreciation and amortization are included in segment operating income.