Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2018

Revenue from Contract with Customer [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles

The following table summarizes the impact of adopting Topic 606 on the Company’s Condensed Consolidated Financial Statements as of and for the three months ended March 31, 2018:

(in millions)	As Reported		Balances Without Adoption of Topic 606		Effect of Change Higher/(Lower)
Statement of Income
Net sales	$	648.0	$	642.7	$	5.3
Royalty income, net of royalty expense	—		5.3		(5.3		)
Balance Sheet
Assets
Prepaid expenses and other current assets	$	71.2	$	69.9	$	1.3
Deferred income taxes	25.1		24.1		1.0
Other non-current assets	235.5		234.7		0.8
Liabilities
Accrued expenses and other current liabilities	$	226.5	$	223.9	$	2.6
Other non-current liabilities	214.9		212.0		2.9
Stockholders' Equity
Total stockholders' equity	$	142.6	$	145.0	$	(2.4	)

Disaggregation of Revenue

The following table presents the Company's disaggregated revenue by channel, product and geographical region, including a reconciliation of disaggregated revenue by segment, for the three months ended March 31, 2018:

(in millions)	North America		International		Consolidated
Channel
Wholesale	$	454.0	$	134.2	$	588.2
Direct	31.0		28.8		59.8
Net sales	$	485.0	$	163.0	$	648.0
	North America		International		Consolidated
Product
Bedding products	$	452.3	$	133.2	$	585.5
Other products	32.7		29.8		62.5
Net sales	$	485.0	$	163.0	$	648.0
	North America		International		Consolidated
Geographical region
United States	$	440.2	$	—	$	440.2
Canada	44.8		—		44.8
International	—		163.0		163.0
Net sales	$	485.0	$	163.0	$	648.0