SEGMENT REPORTING

9 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Segment Reporting

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 March 31,						Nine Months Ended March 31,
SEGMENT DATA	2014			2013			2014			2013
Net revenues:
Fragrances	$	508.1		$	487.0		$	2,004.0		$	2,000.3
Color Cosmetics	344.9			366.7			990.6			1,083.4
Skin & Body Care	155.7			144.0			515.5			506.6
Total	$	1,008.7		$	997.7		$	3,510.1		$	3,590.3
Operating (loss) income:
Fragrances	$	54.3		$	55.5		$	350.6		$	350.3
Color Cosmetics	36.7			50.4			107.2			180.7
Skin & Body Care	(326.5		)	(2.2		)	(323.9		)	(3.6		)
Corporate	(36.5		)	(73.6		)	(96.8		)	(109.1		)
Total	$	(272.0	)	$	30.1		$	37.1		$	418.3
Reconciliation:
Operating (loss) income	$	(272.0	)	$	30.1		$	37.1		$	418.3
Interest expense, net	17.3			20.2			51.4			55.5
Other income	(2.1		)	(0.2		)	(2.3		)	(0.6		)
(Loss) income before income taxes	$	(287.2	)	$	10.1		$	(12.0	)	$	363.4

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 March 31,				Nine Months Ended March 31,
PRODUCT CATEGORY	2014		2013		2014		2013
Fragrances:
Designer	35.4	%	35.2	%	38.9	%	37.1	%
Lifestyle	10.4		9.2		11.7		11.1
Celebrity	4.6		4.4		6.5		7.5
Total	50.4	%	48.8	%	57.1	%	55.7	%
Color Cosmetics:
Nail Care	15.8	%	18.1	%	12.9	%	15.6	%
Other Color Cosmetics	18.4		18.7		15.3		14.6
Total	34.2	%	36.8	%	28.2	%	30.2	%
Skin & Body Care	15.4	%	14.4	%	14.7	%	14.1	%
Total	100.0	%	100.0	%	100.0	%	100.0	%