SEGMENT REPORTING

6 Months Ended

Dec. 31, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

3. SEGMENT REPORTING

Operating segments (also referred to as “segments”) include components of the enterprise for which separate financial information is available and evaluated regularly by the chief operating decision maker (“CODM”) in deciding how to allocate resources and assess performance. The Company has designated its Chief Executive Officer as the CODM. The Company’s operating and reportable segments are Fragrances, Color Cosmetics and Skin & Body Care (also referred to as “segments”). The reportable segments also represent the Company’s product groupings.

	Three Months Ended December 31,						Six Months Ended December 31,
SEGMENT DATA	2013			2012			2013			2012
Net revenues:
Fragrances	$	791.4		$	810.8		$	1,495.9		$	1,513.3
Color Cosmetics		334.2			369.0			645.7			716.7
Skin & Body Care		197.6			199.7			359.8			362.6
Total	$	1,323.2		$	1,379.5		$	2,501.4		$	2,592.6
Operating income (loss):
Fragrances	$	143.5		$	160.5		$	296.3		$	294.8
Color Cosmetics		33.7			57.1			70.5			130.3
Skin & Body Care		6.1			3.1			2.6			(1.4	)
Corporate		(39.8	)		1.6			(60.3	)		(35.5	)
Total	$	143.5		$	222.3		$	309.1		$	388.2
Reconciliation:
Operating income	$	143.5		$	222.3		$	309.1		$	388.2
Interest expense, net		16.7			18.4			34.1			35.3
Other income		—			(0.2	)		(0.2	)		(0.4	)
Income before income taxes	$	126.8		$	204.1		$	275.2		$	353.3

Within the Company’s reportable segments, product categories exceeding 5% of consolidated net revenues are presented below; no individual Skin & Body Care product category exceeded 5% of consolidated net revenues:

	Three Months Ended December 31,						Six Months Ended December 31,
PRODUCT CATEGORY	2013			2012			2013			2012
Fragrances:
Designer		39.3	%		37.2	%		40.3	%		37.9	%
Lifestyle		13.1			13.1			12.2			11.9
Celebrity		7.4			8.5			7.3			8.6
Total		59.8	%		58.8	%		59.8	%		58.4	%
Color Cosmetics:
Nail Care		10.5	%		13.7	%		11.7	%		14.5	%
Other Color Cosmetics		14.8			13.0			14.1			13.1
Total		25.3	%		26.7	%		25.8	%		27.6	%
Skin & Body Care		14.9	%		14.5	%		14.4	%		14.0	%
Total		100.0	%		100.0	%		100.0	%		100.0	%