SEGMENT REPORTING

3 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

Segment Reporting

SEGMENT REPORTING

Operating 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. The items within Corporate relate to corporate-based responsibilities and decisions and are not used by the CODM to measure the underlying performance of the segments. Corporate primarily includes a component of share-based compensation expense, restructuring costs and certain other expense items not attributable to ongoing operating activities of the segments.

	Three Months Ended September 30,
SEGMENT DATA	2015			2014
Net revenues:
Fragrances	$	548.1		$	640.9
Color Cosmetics	390.9			344.1
Skin & Body Care	173.3			197.3
Total	$	1,112.3		$	1,182.3
Operating income (loss):
Fragrances	$	108.9		$	120.5
Color Cosmetics	57.7			42.5
Skin & Body Care	6.8			3.7
Corporate	(91.7		)	(46.6		)
Total	$	81.7		$	120.1
Reconciliation:
Operating income	$	81.7		$	120.1
Interest expense, net	16.0			19.6
Loss on early extinguishment of debt	—			88.8
Other income, net	(0.3		)	—
Income before income taxes	$	66.0		$	11.7

Within the Company’s reportable segments, product categories exceeding 5% of consolidated net revenues are presented below:

	Three Months Ended September 30,
PRODUCT CATEGORY	2015		2014
Fragrances:
Designer	38.0	%	41.1	%
Lifestyle	6.0		6.8
Celebrity	5.3		6.3
Total	49.3	%	54.2	%
Color Cosmetics:
Nail Care	15.1	%	13.7	%
Other Color Cosmetics	20.0		15.4
Total	35.1	%	29.1	%
Skin & Body Care:
Body Care	10.6	%	11.5	%
Skin Care	5.0		5.2
Total	15.6	%	16.7	%
Total	100.0	%	100.0	%