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SEGMENT DATA AND RELATED INFORMATION (Tables)
12 Months Ended
Dec. 31, 2016
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 reportable segment for each of 2016, 2015, and 2014. In the table below, certain prior period amounts have been reclassified to conform to the presentation for 2016.
 
Twelve Months Ended December 31,
 
2016
 
2015
 
2014
Segment Net Sales:
 
 
 
 
 
Consumer
$
1,389.8

 
$
1,414.8

 
$
1,438.3

Professional
476.5

 
471.1

 
502.7

Elizabeth Arden
441.4

 

 

Other
26.3

 
28.4

 

Total
$
2,334.0

 
$
1,914.3

 
$
1,941.0

 
 
 
 
 
 
Segment Profit:
 
 
 
 
 
Consumer
$
349.2

 
$
360.2

 
$
339.4

Professional
99.4

 
103.9

 
104.8

Elizabeth Arden
68.2

 

 

Other
(2.7
)
 
1.4

 

Total
$
514.1

 
$
465.5

 
$
444.2

 
 
 
 
 
 
Reconciliation:
 
 
 
 
 
Segment Profit
$
514.1

 
$
465.5

 
$
444.2

Less:
 
 
 
 
 
Unallocated corporate expenses(a)
98.8

 
88.0

 
69.0

Depreciation and amortization
123.2

 
103.2

 
102.6

Non-cash stock compensation expense
6.4

 
5.1

 
5.5

Non-Operating items:
 
 
 
 
 
Restructuring and related charges
36.8

 
11.6

 
22.6

Acquisition and integration costs
43.2

 
8.0

 
6.4

Elizabeth Arden 2016 Business Transformation Program
2.6

 

 

Elizabeth Arden inventory purchase accounting adjustment, cost of sales
20.7

 

 

Inventory purchase accounting adjustment, cost of sales
0.2

 
0.9

 
2.6

Pension Lump sum settlement

 
20.7

 

Impairment charge
23.4

 
9.7

 

Deferred Compensation related to CBB Acquisition
3.5

 
2.5

 

Operating Income
155.3

 
215.8

 
235.5

Less:
 
 
 
 
 
Interest Expense
105.2

 
83.3

 
84.4

Amortization of debt issuance costs
6.8

 
5.7

 
5.5

Loss on early extinguishment of debt
16.9

 

 
2.0

Foreign currency losses, net
18.5

 
15.7

 
25.0

Miscellaneous, net
(0.6
)
 
0.4

 
1.2

Income from continuing operations before income taxes
$
8.5

 
$
110.7

 
$
117.4


(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, $8.2 million of pension-related costs were reclassified from the measurement of Consumer segment profit and included as a component of unallocated corporate expenses for 2014.
Schedule of Net Sales and Long-Lived Assets by Geographic Area
 
Year Ended December 31,
 
2016

2015
 
2014
Geographic area:
 
 
 
 
 
 
 
 
 
 
 
   Net sales:
 
 
 
 
 
 
 
 
 
 
 
      United States
$
1,271.2

 
54%
 
$
1,043.7

 
55%
 
$
1,021.9

 
53%
  International
1,062.8

 
46%
 
870.6

 
45%
 
919.1

 
47%
 
$
2,334.0

 
 
 
$
1,914.3

 
 
 
$
1,941.0

 
 


 
December 31, 2016
 
December 31, 2015
Long-lived assets, net:
 
 
 
 
 
 
United States
$
1,494.3

 
85%
 
$
854.7

 
79%
International
255.4

 
15%
 
232.4

 
21%
 
$
1,749.7

 
 
$
1,087.1

 
 
Schedule of Net Sales by Classes of Similar Products
 
Year Ended December 31,
 
2016

2015
 
2014
Classes of similar products:
 
 
 
 
 
 
 
 
 
 
 
   Net sales:
 
 
 
 
 
 
 
 
 
 
 
Color cosmetics
$
998.3

 
43%
 
$
1,022.4

 
53%
 
$
1,030.1

 
53%
Hair care
544.3

 
23%
 
522.1

 
27%
 
541.7

 
28%
Fragrance
408.4

 
17%
 
80.8

 
4%
 
54.1

 
3%
Beauty care
294.4

 
13%
 
277.5

 
15%
 
299.7

 
15%
Skin care
88.6

 
4%
 
11.5

 
1%
 
15.4

 
1%
 
$
2,334.0

 
 
 
$
1,914.3

 
 
 
$
1,941.0