SEGMENT INFORMATION

12 Months Ended

Jun. 30, 2020

Prior to July 1, 2019, the Company’s operations were managed in seven operating segments: the United States, United Kingdom, Tilda, Ella’s Kitchen UK, Europe, Canada and Hain Ventures. For segment reporting purposes, based on economic similarity as outlined within ASC 280, Segment Reporting, the Company elected to combine the United Kingdom, Tilda and Ella’s Kitchen UK operating segments into one reportable segment known as United Kingdom. Additionally, the Canada, Europe and Hain Ventures operating segments were combined as the Rest of World reportable segment. Separately, the United States operating segment comprised its own reportable segment.

Effective July 1, 2019, the Company reassessed its segment reporting structure due to changes in how the Company’s CODM assesses the Company’s performance and allocates resources as a result of a change in the Company’s strategy, which includes creating synergies among the Company’s United States and Canada businesses, as well as among the Company’s international businesses in the United Kingdom and Europe. As a result, the Canada and Hain Ventures operating segments, which were included within the Rest of World reportable segment, were moved to the United States reportable segment and renamed the North America reportable segment. Additionally, the Europe operating segment, which was included in the Rest of World reportable segment, was combined with the United Kingdom reportable segment and renamed the International reportable segment. Accordingly, the Company now operates under two reportable segments: North America and International.

Prior period segment information has been adjusted to reflect the Company’s new operating and reporting structure. Additionally, the Tilda operating segment was classified as discontinued operations as discussed in Note 5, Discontinued Operations and Assets Held for Sale. Segment information presented herein excludes the results of Tilda for all periods presented.

The following tables set forth financial information about each of the Company’s reportable segments. Information about total assets by segment is not disclosed because such information is not reported to or used by the Company’s CODM for purposes of assessing segment performance or allocating resources. Transactions between reportable segments were insignificant for all periods presented.


	Fiscal Year Ended June 30,
	2020		2019		2018
Net Sales: ⁽¹⁾
North America	$	1,171,478	$	1,195,979	$	1,295,413
International	882,425		908,627		970,257
	$	2,053,903	$	2,104,606	$	2,265,670

Operating Income (Loss):
North America	$	95,934	$	32,682	$	104,025
International	55,333		58,808		57,630
	151,267		91,490		161,655
Corporate and Other ⁽²⁾	(95,225)		(123,983)		(74,985)
	$	56,042	$	(32,493)	$	86,670

(1)One of our customers accounted for approximately 12%, 11%, and 11% of our consolidated net sales for the fiscal years ended June 30, 2020, 2019 and 2018, respectively, which were primarily related to the United States and United Kingdom operating segments. A second customer accounted for approximately, 9%, 10% and 12% of our consolidated net sales for the fiscal years ended June 30, 2020, 2019 and 2018, respectively, which were primarily related to the United States operating segment.

(2)For the fiscal year ended June 30, 2020, Corporate and Other included expenses of $32,664 related to Productivity and transformation costs and trade name impairment charges of $9,539 ($4,007 related to North America and $5,532 related to International), partially offset by a benefit of $2,962 of proceeds from insurance claim.

For the fiscal year ended June 30, 2019, Corporate and Other included $30,156 of Former Chief Executive Officer Succession Plan expense, net, $28,443 of Productivity and transformation costs and $4,334 of accounting review and remediation costs. Corporate and Other for the fiscal year ended June 30, 2019 also included trade name impairment charges of $17,900 ($15,113 related to North America and $2,787 related to International) and a $4,460 benefit for proceeds received in connection with an insurance recovery.

For the fiscal year ended June 30, 2018, Corporate and Other included $10,118 of Productivity and transformation costs and $9,293 of Accounting review and remediation costs, net of insurance proceeds. Corporate and Other for the fiscal year ended June 30, 2018 also included trade name impairment charges of $5,632 ($5,100 related to North America and $532 related to International).

The Company’s net sales by product category are as follows:


	Fiscal Year Ended June 30,
	2020		2019		2018
Grocery	$	1,423,761	$	1,512,868	$	1,650,336
Snacks	309,261		296,123		302,859
Personal Care	192,875		180,141		196,195
Tea	128,006		115,474		116,280
Total	$	2,053,903	$	2,104,606	$	2,265,670

The Company’s net sales by geographic region, which are generally based on the location of the Company’s subsidiary, are as follows:


	Fiscal Year Ended June 30,
	2020		2019		2018
United States	$	1,016,230	$	1,052,930	$	1,138,749
United Kingdom	650,416		704,524		762,706
All Other	387,257		347,152		364,215
Total	$	2,053,903	$	2,104,606	$	2,265,670

The Company’s long-lived assets, which primarily represent net property, plant and equipment, by geographic region are as follows:


	Fiscal Year Ended June 30,
	2020		2019
United States	$	115,211	$	115,866
United Kingdom	136,845		132,876
All Other	78,815		87,277
Total	$	330,871	$	336,019