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BUSINESS COMBINATIONS (Tables)
12 Months Ended
Dec. 31, 2014
Business Acquisition [Line Items]  
Schedule of Acquisition and Integration Costs
For 2014 and 2013, respectively, the Company has incurred acquisition and integration costs related to the Colomer Acquisition, summarized as follows:
 
Year Ended December 31,
 
2014
 
2013
   Acquisition costs
$
0.5

 
$
12.9

   Integration costs
5.9

 
12.5

Total acquisition and integration costs
$
6.4

 
$
25.4

The Colomer Group Participations, S.L.  
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The total consideration of $664.5 million was recorded based on the respective estimated fair values of the net assets acquired on the Acquisition Date with resulting goodwill, as follows:
 
Amounts Previously Recognized as of October 9, 2013 (Provisional) (a)
 
Measurement Period Adjustments
 
Amounts Recognized as of Acquisition Date (Adjusted)
Cash and cash equivalents
$
36.9

 
$

 
$
36.9

Trade receivables
83.9

 

 
83.9

Inventories
75.1

 

 
75.1

Prepaid expenses and other
31.3

 

 
31.3

Property, plant and equipment
96.7

 

 
96.7

Intangible assets(b)
292.7

 
5.4

 
298.1

Goodwill(b)(c)
255.7

 
(2.4
)
 
253.3

Deferred tax asset - noncurrent
53.1

 

 
53.1

Other assets(c)
1.9

 
3.9

 
5.8

         Total assets acquired
927.3

 
6.9

 
934.2

Accounts payable
48.0

 

 
48.0

Accrued expenses and other
65.6

 

 
65.6

Long-term debt
0.9

 

 
0.9

Long-term pension and other benefit plan liabilities
4.5

 

 
4.5

Deferred tax liability(b)
123.3

 
2.1

 
125.4

Other long-term liabilities(c)
20.5

 
4.8

 
25.3

        Total liabilities assumed
262.8

 
6.9

 
269.7

        Total consideration
$
664.5

 
$

 
$
664.5

(a) As previously reported in Revlon, Inc.'s 2013 Annual Report on Form 10-K.
(b) The Measurement Period Adjustments to intangible assets, deferred tax liability and goodwill in the first quarter of 2014 related to a change in assumptions used to calculate the fair value of an acquired customer relationship intangible asset, which increased the intangible asset by $5.4 million and extended the life of the asset from 10 to 20 years, increased deferred tax liabilities by $2.1 million, and resulted in a net decrease to goodwill of $3.3 million.
(c) The Company recorded a $3.9 million income tax adjustment to the beginning tax balance within other assets and a $4.8 million adjustment to other long-term liabilities, resulting in a net increase to goodwill of $0.9 million.
Schedule of Intangible Assets Acquired
The acquired intangible assets, based on the fair values of the identifiable intangible assets, are as follows:
 
Fair Values at October 9, 2013
 
Weighted Average Useful Life (in years)
Trade names, indefinite-lived
$
108.6

 
Indefinite
Trade names, finite-lived
109.4

 
5 - 20
Customer relationships
62.4

 
15 - 20
License agreement
4.1

 
10
Internally-developed IP
13.6

 
10
Total acquired intangible assets
$
298.1

 

Pro Forma Information
The following table presents the Company's pro forma consolidated net sales and income from continuing operations, before income taxes for 2013 and 2012.
 
Unaudited Pro Forma Results
 
Year Ended December 31,
 
2013
 
2012
Net sales
$
1,908.9

 
$
1,911.6

Income from continuing operations, before income taxes
125.2

 
106.0