SEGMENT REPORTING

6 Months Ended

Dec. 31, 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, costs related to acquisition activities and certain other expense items not attributable to ongoing operating activities of the segments.

	Three Months Ended December 31,						Six Months Ended December 31,
SEGMENT DATA	2015			2014			2015			2014
Net revenues:
Fragrances	$	627.0		$	691.7		$	1,175.1		$	1,332.6
Color Cosmetics	374.8			340.5			765.7			684.6
Skin & Body Care	208.7			227.4			382.0			424.7
Total	$	1,210.5		$	1,259.6		$	2,322.8		$	2,441.9
Operating income
Fragrances	$	128.7		$	145.5		$	237.6		$	266.0
Color Cosmetics	58.4			40.0			116.1			82.5
Skin & Body Care	27.5			15.1			34.3			18.8
Corporate	(62.2		)	(16.9		)	(153.9		)	(63.5		)
Total	$	152.4		$	183.7		$	234.1		$	303.8
Reconciliation:
Operating income	$	152.4		$	183.7		$	234.1		$	303.8
Interest expense, net	14.6			19.1			30.6			38.7
Loss on early extinguishment of debt	3.1			—			3.1			88.8
Other expense, net	24.1			0.3			23.8			0.3
Income before income taxes	$	110.6		$	164.3		$	176.6		$	176.0

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

	Three Months Ended December 31,				Six Months Ended December 31,
PRODUCT CATEGORY	2015		2014		2015		2014
Fragrances:
Designer	39.5	%	39.2	%	38.7	%	40.1	%
Lifestyle	7.4		9.2		6.7		8.1
Celebrity	4.9		6.5		5.1		6.4
Total	51.8	%	54.9	%	50.5	%	54.6	%
Color Cosmetics:
Nail Care	12.3	%	11.7	%	13.7	%	12.7	%
Other Color Cosmetics	18.6		15.3		19.3		15.3
Total	30.9	%	27.0	%	33.0	%	28.0	%
Skin & Body Care:
Body Care	11.6	%	12.7	%	11.1	%	12.1	%
Skin Care	5.7		5.4		5.4		5.3
Total	17.3	%	18.1	%	16.5	%	17.4	%
Total	100.0	%	100.0	%	100.0	%	100.0	%