SEGMENT DATA AND RELATED INFORMATION (Tables)

12 Months Ended

Dec. 31, 2022

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,
		2022		2021
Segment Net Sales:
Revlon		$	752.6	$	727.9
Elizabeth Arden		509.7		532.3
Portfolio		373.4		419.1
Fragrances		344.7		399.4
Total		$	1,980.4	$	2,078.7

Segment Profit:
Revlon		$	89.0	$	86.8
Elizabeth Arden		61.7		62.8
Portfolio		50.4		71.0
Fragrances		59.2		72.3
Total		$	260.3	$	292.9

Reconciliation:
Total Segment Profit		$	260.3	$	292.9
Less:

Depreciation and amortization		105.7		125.7
Non-cash stock compensation expense		13.8		14.0
Non-Operating items:
Restructuring and related charges		31.5		33.0
Acquisition, integration and divestiture costs		0.9		2.3
Gain on divested assets		—		(1.1)
Financial control remediation and sustainability actions and related charges		—		0.5

COVID-19 charges		—		6.1


Capital structure and related charges		4.2		9.2
Impairment charges		24.3		—



Operating income		79.9		103.2
Less:
Interest Expense		252.9		247.7

Amortization of debt issuance costs		20.9		39.6


Foreign currency losses, net		25.1		10.6
Miscellaneous, net		7.2		6.0
Reorganization items, net		416.0		—
Loss from operations before income taxes		$	(642.2)	$	(200.7)

Products Corporation



	Year Ended December 31,
		2022		2021
Segment Net Sales:
Revlon		$	752.6	$	727.9
Elizabeth Arden		509.7		532.3
Portfolio		373.4		419.1
Fragrances		344.7		399.4
Total		$	1,980.4	$	2,078.7

Segment Profit:
Revlon		$	91.9	$	89.5
Elizabeth Arden		63.7		64.7
Portfolio		51.9		72.5
Fragrances		60.5		73.8
Total		$	268.0	$	300.5

Reconciliation:
Total Segment Profit		$	268.0	$	300.5
Less:

Depreciation and amortization		105.7		125.7
Non-cash stock compensation expense		13.8		14.0
Non-Operating items:
Restructuring and related charges		31.5		33.0
Acquisition, integration and divestiture costs		0.9		2.3
Gain on divested assets		—		(1.1)
Financial control remediation and sustainability actions and related charges		—		0.5



COVID-19 charges		—		6.1
Capital structure and related charges		4.2		9.2
Impairment charge		24.3		—

Operating income		87.6		110.8
Less:
Interest Expense		252.9		247.7

Amortization of debt issuance costs		20.9		39.6


Foreign currency losses, net		25.1		10.6
Miscellaneous, net		20.1		21.1
Reorganization items, net		416.0		—
Loss from operations before income taxes		$	(647.4)	$	(208.2)

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, 2022
		Revlon		Elizabeth Arden		Portfolio		Fragrances		Total
Geographic Area:
Net Sales
North America		$	413.1	$	97.8	$	237.1	$	225.6	$	973.6
EMEA*		166.7		123.1		103.9		77.2		470.9
Asia		37.9		265.2		2.2		17.9		323.2
Latin America*		66.5		5.6		16.9		11.7		100.7
Pacific*		68.4		18.0		13.3		12.3		112.0
		$	752.6	$	509.7	$	373.4	$	344.7	$	1,980.4


	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

* 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, 2022			December 31, 2021
Long-lived assets, net:
United States	$	1,044.3	84%	$	1,134.3	84%
International	200.1		16%	215.8		16%
	$	1,244.4		$	1,350.1

Schedule of Net Sales by Classes of Similar Products



	Year Ended December 31,
		2022	2021
Classes of similar products:
Net sales:
Color cosmetics			$	551.0	28%	$	526.8	25%
Fragrance			517.7		26%	580.1		28%
Hair care			451.9		23%	472.1		23%
Beauty care			157.5		8%	166.4		8%
Skin care			302.3		15%	333.3		16%
			$	1,980.4		$	2,078.7