SEGMENT RESULTS

6 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

SEGMENT RESULTS

SEGMENT RESULTS

The Company operates through strategic business units (SBUs) that are aggregated into four reportable segments based on the economics and nature of the products sold: Health and Wellness, Household, Lifestyle and International. Prior periods presented have been recast to reflect the reportable segment changes effective in the fourth quarter of fiscal year 2020.

Certain non-allocated administrative costs, interest income, interest expense and various other non-operating income and expenses are reflected in Corporate. Corporate assets include cash and cash equivalents, prepaid expenses and other current assets, property and equipment, operating lease right-of-use assets, other long-term assets and deferred taxes.

The tables below present reportable segment information and a reconciliation of the segment information to the Company’s consolidated Net sales and Earnings before income taxes, with amounts that are not allocated to the reportable segments reflected in Corporate.

	Net sales
	Three Months Ended				Six Months Ended
	12/31/2020		12/31/2019		12/31/2020		12/31/2019
Health and Wellness	$	817	$	575	$	1,630	$	1,208
Household	411		342		911		703
Lifestyle	317		291		635		562
International	297		241		582		482
Corporate	—		—		—		—
Total	$	1,842	$	1,449	$	3,758	$	2,955
	Earnings (losses) before income taxes
	Three Months Ended				Six Months Ended
	12/31/2020		12/31/2019		12/31/2020		12/31/2019
Health and Wellness	$	247	$	134	$	498	$	304
Household	60		44		169		76
Lifestyle	89		91		191		162
International	30		31		154		70
Corporate	(94)		(65)		(154)		(119)
Total	$	332	$	235	$	858	$	493

All intersegment sales are eliminated and are not included in the Company’s reportable segments’ net sales.

Net sales to the Company’s largest customer, Wal-Mart Stores, Inc. and its affiliates, as a percentage of consolidated net sales, were 23% and 24% for the three and six months ended December 31, 2020, respectively, and 25% and 26% for the three and six months ended December 31, 2019, respectively.

The following table provides Net sales as a percentage of the Company’s consolidated net sales for the Company’s SBUs and for the periods indicated:

	Net sales
	Three Months Ended				Six Months Ended
	12/31/2020		12/31/2019		12/31/2020		12/31/2019
Cleaning	33	%	28	%	31	%	30	%
Professional Products	8	%	6	%	8	%	6	%
Vitamins, Minerals and Supplements	4	%	5	%	4	%	5	%
Health and Wellness	45	%	39	%	43	%	41	%
Bags and Wraps	11	%	13	%	11	%	12	%
Cat Litter	7	%	8	%	7	%	8	%
Grilling	4	%	3	%	7	%	4	%
Household	22	%	24	%	25	%	24	%
Food Products	9	%	10	%	9	%	9	%
Natural Personal Care	4	%	7	%	4	%	6	%
Water Filtration	4	%	3	%	4	%	4	%
Lifestyle	17	%	20	%	17	%	19	%
International	16	%	17	%	15	%	16	%
Total	100	%	100	%	100	%	100	%