SEGMENT DATA AND RELATED INFORMATION (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Segment Reporting Information, by Segment

The following table is a comparative summary of the Company’s net sales and segment profit for Revlon and Products Corporation by reportable segment for the periods presented.

Revlon, Inc.




	Year Ended December 31,
		2021		2020
Segment Net Sales:
Revlon		$	727.9	$	688.4
Elizabeth Arden		532.3		463.5
Portfolio		419.1		401.3
Fragrances		399.4		351.1
Total		$	2,078.7	$	1,904.3

Segment Profit:
Revlon		$	86.8	$	86.5
Elizabeth Arden		62.8		39.6
Portfolio		71.0		47.4
Fragrances		72.3		66.6
Total		$	292.9	$	240.1

Reconciliation:
Total Segment Profit		$	292.9	$	240.1
Less:

Depreciation and amortization		125.7		143.3
Non-cash stock compensation expense		14.0		10.4
Non-Operating items:
Restructuring and related charges		33.0		68.7
Acquisition, integration and divestiture costs		2.3		5.0
Gain on divested assets		(1.1)		(0.5)
Financial control remediation and sustainability actions and related charges		0.5		9.6
Excessive coupon redemptions		—		4.2
COVID-19 charges		6.1		46.3


Capital structure and related charges		9.2		35.3
Impairment charges		—		144.1



Operating income (loss)		103.2		(226.3)
Less:
Interest Expense		247.7		243.3

Amortization of debt issuance costs		39.6		26.8

Gain on early extinguishment of debt		—		(43.1)
Foreign currency losses (gains), net		10.6		(6.0)
Miscellaneous, net		6.0		12.9
Loss from operations before income taxes		$	(200.7)	$	(460.2)

Products Corporation



	Year Ended December 31,
		2021		2020
Segment Net Sales:
Revlon		$	727.9	$	688.4
Elizabeth Arden		532.3		463.5
Portfolio		419.1		401.3
Fragrances		399.4		351.1
Total		$	2,078.7	$	1,904.3

Segment Profit:
Revlon		$	89.5	$	89.1
Elizabeth Arden		64.7		41.4
Portfolio		72.5		48.9
Fragrances		73.8		67.9
Total		$	300.5	$	247.3

Reconciliation:
Total Segment Profit		$	300.5	$	247.3
Less:

Depreciation and amortization		125.7		143.3
Non-cash stock compensation expense		14.0		10.4
Non-Operating items:
Restructuring and related charges		33.0		68.7
Acquisition, integration and divestiture costs		2.3		5.0
Gain on divested assets		(1.1)		(0.5)
Financial control remediation and sustainability actions and related charges		0.5		9.6


Excessive coupon redemptions		—		4.2
COVID-19 charges		6.1		46.3
Capital structure and related charges		9.2		35.3
Impairment charge		—		144.1

Operating income (loss)		110.8		(219.1)
Less:
Interest Expense		247.7		243.3

Amortization of debt issuance costs		39.6		26.8

Gain on early extinguishment of debt		—		(43.1)
Foreign currency losses (gains), net		10.6		(6.0)
Miscellaneous, net		21.1		12.9
Loss from operations before income taxes		$	(208.2)	$	(453.0)

Schedule of Net Sales and Long-Lived Assets by Geographic Area

The following tables present the Company's segment net sales by geography and total net sales by classes of similar products for the periods presented:


	Year Ended December 31, 2021
		Revlon		Elizabeth Arden		Portfolio		Fragrances		Total
Geographic Area:
Net Sales
North America		$	389.4	$	109.8	$	274.0	$	282.9	$	1,056.1
EMEA*		170.6		116.5		111.7		78.5		477.3
Asia		40.1		276.2		2.8		14.4		333.5
Latin America*		57.3		7.6		16.5		10.8		92.2
Pacific*		70.5		22.2		14.1		12.8		119.6
		$	727.9	$	532.3	$	419.1	$	399.4	$	2,078.7


	Year Ended December 31, 2020
		Revlon		Elizabeth Arden		Portfolio		Fragrances		Total
Geographic Area:
Net Sales
North America		$	381.0	$	104.4	$	247.9	$	253.4	$	986.7
EMEA*		146.3		95.7		122.9		69.9		434.8
Asia		49.9		239.2		2.2		10.9		302.2
Latin America*		50.9		5.8		16.2		4.7		77.6
Pacific*		60.3		18.4		12.1		12.2		103.0
		$	688.4	$	463.5	$	401.3	$	351.1	$	1,904.3

* The EMEA region includes Europe, the Middle East and Africa; the Latin America region includes Mexico, Central America and South America; and the Pacific region includes Australia and New Zealand.

The following table presents the Company's long-lived assets by geographic area:


	December 31, 2021			December 31, 2020
Long-lived assets, net:
United States	$	1,134.3	84%	$	1,194.9	82%
International	215.8		16%	260.7		18%
	$	1,350.1		$	1,455.6

Schedule of Net Sales by Classes of Similar Products



	Year Ended December 31,
		2021	2020
Classes of similar products:
Net sales:
Color cosmetics			$	526.8	25%	$	452.0	24%
Fragrance			580.1		28%	486.1		25%
Hair care			472.1		23%	456.1		24%
Beauty care			166.4		8%	189.0		10%
Skin care			333.3		16%	321.1		17%
			$	2,078.7		$	1,904.3