SEGMENT INFORMATION AND CONCENTRATION OF CREDIT RISK - (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Segment Reporting Information, by Segment

Net sales, operating earnings (loss) and (loss) earnings before (benefit) provision for income taxes for the Company’s reporting segments for the three years ended December 31, 2013 were as follows:



	For the year ended December 31,
	2013			2012			2011
	(Dollar amounts in millions)
Net sales:
RESV	$	600.5		$	598.3		$	591.2
TECH	526.9			422.7			455.2
DMS	274.5			284.6			280.6
RHC	415.2			381.8			378.6
CES	470.8			513.9			434.9
Consolidated net sales	$	2,287.9		$	2,201.3		$	2,140.5

Operating earnings (loss):
RESV	$	63.1		$	73.3		$	32.6
TECH	7.6			14.2			35.4
DMS	38.2			33.1			22.2
RHC	13.1			8.5			1.4
CES	26.2			42.9			12.0
Subtotal	148.2			172.0			103.6
Executive retirement	—			—			(8.7		)
Unallocated, net	(60.3		)	(44.4		)	(31.8		)
Consolidated operating earnings	87.9			127.6			63.1
Interest expense	(99.4		)	(96.5		)	(105.6		)
Loss from debt retirement	—			(6.4		)	(33.8		)
Investment income	0.1			0.1			0.1
(Loss) earnings before (benefit) provision for income taxes	$	(11.4	)	$	24.8		$	(76.2	)

Depreciation expense, amortization expense and capital expenditures for the Company’s segments are presented in the table that follows for the periods presented:



	For the year ended December 31,
	2013		2012		2011
	(Dollar amounts in millions)
Depreciation Expense:
RESV	$	12.0	$	13.7	$	13.6
TECH	6.8		4.4		5.4
DMS	4.8		5.3		4.0
RHC	9.0		8.9		11.6
CES	6.9		6.0		6.4
Unallocated	1.1		0.2		0.2
Consolidated depreciation expense	$	40.6	$	38.5	$	41.2
Amortization expense:
RESV ⁽¹⁾	$	15.4	$	15.3	$	15.3
TECH ⁽²⁾	20.0		10.2		10.1
DMS ⁽³⁾	12.9		12.1		20.2
RHC ⁽⁴⁾	0.8		1.7		1.2
CES	5.5		5.9		5.9
Unallocated	—		—		—
Consolidated amortization expense	$	54.6	$	45.2	$	52.7
Capital Expenditures:
RESV	$	7.6	$	5.7	$	4.9
TECH	10.5		4.2		3.4
DMS	3.5		4.5		5.1
RHC	6.1		1.4		2.6
CES	11.0		6.5		5.0
Unallocated ⁽⁵⁾	5.2		2.7		0.1
Consolidated capital expenditures	$	43.9	$	25.0	$	21.1


(1)	Includes an increase to cost of goods sold for inventory acquired in business combinations of approximately $0.2 million for 2013.


(2)	Includes an increase to cost of goods sold for inventory acquired in business combinations of approximately $3.1 million (related to the acquisition of 2GIG) and $0.2 million for 2013 and 2011, respectively.


(3)	Includes an increase to cost of goods sold for inventory acquired in business combinations of approximately $7.3 million for 2011.


(4)	Includes an increase to cost of goods sold for inventory acquired in business combinations of approximately $0.9 million and $0.4 million for 2012 and 2011, respectively.


(5)	Includes capital expenditures financed under capital leases of approximately $0.1 million and $0.9 million for 2013 and 2012, respectively.

Reconciliation of Assets from Segment to Consolidated

Segment assets at December 31, 2013 and 2012 for the Company’s reporting segments are presented in the table that follows:



	December 31, 2013		December 31, 2012
	(Dollar amounts in millions)
Segment Assets:
RESV	$	610.7	$	647.0
TECH	476.6		313.3
DMS	378.4		393.4
RHC	175.0		134.5
CES	199.0		189.5
	1,839.7		1,677.7
Unallocated:
Cash and cash equivalents, including current restricted cash	83.8		144.9
Deferred tax assets	29.7		29.3
Other assets, including long-term restricted investments and marketable securities	37.7		36.2
Consolidated assets	$	1,990.9	$	1,888.1

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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