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SEGMENT DATA AND RELATED INFORMATION (Tables)
9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table is a comparative summary of the Company’s net sales and segment profit by operating segment for the three and nine months ended September 30, 2015 and 2014. In the table below, certain prior period amounts have been reclassified to conform to the presentation for 2015.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Segment Net Sales:
 
 
 
 
 
 
 
Consumer
$
348.1

 
$
348.2

 
$
1,027.1

 
$
1,055.0

Professional
114.5

 
124.1

 
352.1

 
385.0

Other
$
8.9

 
$

 
$
13.2

 
$

Total
$
471.5

 
$
472.3

 
$
1,392.4

 
$
1,440.0

 
 
 
 
 
 
 
 
Segment Profit:
 
 
 
 
 
 
 
Consumer (a)
$
86.0

 
$
76.0

 
$
232.0

 
$
225.8

Professional
23.4

 
25.2

 
76.9

 
88.5

Other
$
(2.3
)
 
$

 
$
(2.8
)
 
$

Total
$
107.1

 
$
101.2

 
$
306.1

 
$
314.3

 
 
 
 
 
 
 
 
Reconciliation:
 
 
 
 
 
 
 
Segment Profit
$
107.1

 
$
101.2

 
$
306.1

 
$
314.3

Less:


 


 
 
 
 
Unallocated corporate expenses (a)
20.4

 
16.2

 
55.7

 
47.8

Depreciation and amortization
26.0

 
25.6

 
76.8

 
76.4

Non-cash stock compensation expense
1.0

 
3.2

 
3.8

 
3.7

Non-Operating items:
 
 
 
 
 
 
 
Restructuring and related charges
4.2

 
1.1

 
1.9

 
18.8

Acquisition and integration costs
0.6

 
0.9

 
6.5

 
5.4

Inventory purchase accounting adjustment, cost of sales
(0.1
)
 

 
0.5

 
2.6

Operating Income
55.0

 
54.2

 
160.9

 
159.6

Less:
 
 
 
 
 
 
 
Interest Expense
21.5

 
20.6

 
62.0

 
63.9

Amortization of debt issuance costs
1.4

 
1.3

 
4.2

 
4.1

Loss on early extinguishment of debt

 

 

 
2.0

Foreign currency losses (gains), net
(0.7
)
 
9.3

 
7.3

 
17.9

Miscellaneous, net
0.3

 
0.1

 
0.5

 
0.2

Income from continuing operations before income taxes
$
32.5

 
$
22.9

 
$
86.9

 
$
71.5


(a) 
During the second quarter of 2015, the Company removed pension-related costs for its U.S. qualified defined benefit pension plans from the measurement of its operating segment results. As a result, $2.1 million and $6.2 million of pension-related costs were reclassified from the measurement of Consumer segment profit and included as a component of unallocated corporate expenses for the thr
Schedule of Net Sales and Long-Lived Assets by Geographic Area

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015

2014
Geographic area:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Net sales:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
      United States
$
255.0

 
54%
 
$
243.8

 
52%
 
$
766.4

 
55%
 
$
749.2

 
52%
  Outside of the United States
216.5

 
46%
 
228.5

 
48%
 
626.0

 
45%
 
690.8

 
48%
 
$
471.5

 

 
$
472.3

 

 
$
1,392.4

 
 
 
$
1,440.0

 
 

 
September 30, 2015
 
December 31, 2014
Long-lived assets, net:
 
 
 
 
 
 
United States
$
880.2

 
79%
 
$
845.5

 
76%
Outside of the United States
230.4

 
21%
 
271.7

 
24%
 
$
1,110.6

 
 
$
1,117.2

 
 
Schedule of Net Sales by Classes of Similar Products
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015

2014
Classes of similar products:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   Net sales:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Color cosmetics
$
243.6

 
52%
 
$
242.6

 
51%
 
$
749.1

 
54%
 
$
763.5

 
53%
Hair care
131.0

 
28%
 
132.8

 
28%
 
387.9

 
28%
 
405.5

 
28%
Beauty care and fragrance
96.9

 
21%
 
96.9

 
21%
 
255.4

 
18%
 
271.0

 
19%
 
$
471.5

 

 
$
472.3

 

 
$
1,392.4

 
 
 
$
1,440.0