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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
6 Months Ended
Jun. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Goodwill by Segment
The following table presents the amount of goodwill that has been reassigned to each of the Company's reportable segments, following the relative fair value allocation approach, as well as any changes in goodwill by segment during the six months ended June 30, 2018:
 
Revlon
 
Portfolio
 
Elizabeth Arden
 
Fragrances
 
Total
Balance at January 1, 2018
$
265.3

 
$
189.5

 
$
116.9

 
$
120.8

 
$
692.5

Foreign currency translation adjustment
(0.2
)
 
(0.1
)
 

 

 
(0.3
)
Balance at June 30, 2018
$
265.1

 
$
189.4

 
$
116.9

 
$
120.8

 
$
692.2

 
 
 
 
 
 
 
 
 
 
Cumulative goodwill impairment charges(a)


 


 


 


 
$
37.2


(a) Cumulative goodwill impairment charges relate to impairments recognized in 2015 and 2017; no impairment charges were recognized during the six months ended June 30, 2018.
Summary of Finite-Lived Intangible Assets
The following tables present details of the Company's total intangible assets as of June 30, 2018 and December 31, 2017:
 
June 30, 2018
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
 
 
 
 
 
 
 
Trademarks and licenses
$
272.1

 
$
(82.8
)
 
$
189.3

 
13
Customer relationships
249.1

 
(54.4
)
 
194.7

 
13
Patents and internally-developed intellectual property
20.8

 
(9.1
)
 
11.7

 
6
Distribution rights
31.0

 
(3.2
)
 
27.8

 
16
Other
1.3

 
(0.8
)
 
0.5

 
1
Total finite-lived intangible assets
$
574.3

 
$
(150.3
)
 
$
424.0

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trade names
$
146.3

 
N/A

 
$
146.3

 
 
Total indefinite-lived intangible assets
$
146.3

 
N/A

 
$
146.3

 
 
 
 
 
 
 
 
 
 
Total intangible assets
$
720.6

 
$
(150.3
)
 
$
570.3

 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
 
 
 
 
 
 
 
Trademarks and licenses
$
271.4

 
$
(72.8
)
 
$
198.6

 
13
Customer relationships
250.6

 
(46.8
)
 
203.8

 
13
Patents and internally-developed intellectual property
20.8

 
(8.4
)
 
12.4

 
7
Distribution rights
31.0

 
(2.3
)
 
28.7

 
17
Other
1.3

 
(0.6
)
 
0.7

 
2
Total finite-lived intangible assets
$
575.1

 
$
(130.9
)
 
$
444.2

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trade names
$
147.9

 
N/A

 
$
147.9

 
 
Total indefinite-lived intangible assets
$
147.9

 
N/A

 
$
147.9

 
 
 
 
 
 
 
 
 
 
Total intangible assets
$
723.0

 
$
(130.9
)
 
$
592.1

 
 
Summary of Indefinite-Lived Intangible Assets
The following tables present details of the Company's total intangible assets as of June 30, 2018 and December 31, 2017:
 
June 30, 2018
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
 
 
 
 
 
 
 
Trademarks and licenses
$
272.1

 
$
(82.8
)
 
$
189.3

 
13
Customer relationships
249.1

 
(54.4
)
 
194.7

 
13
Patents and internally-developed intellectual property
20.8

 
(9.1
)
 
11.7

 
6
Distribution rights
31.0

 
(3.2
)
 
27.8

 
16
Other
1.3

 
(0.8
)
 
0.5

 
1
Total finite-lived intangible assets
$
574.3

 
$
(150.3
)
 
$
424.0

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trade names
$
146.3

 
N/A

 
$
146.3

 
 
Total indefinite-lived intangible assets
$
146.3

 
N/A

 
$
146.3

 
 
 
 
 
 
 
 
 
 
Total intangible assets
$
720.6

 
$
(150.3
)
 
$
570.3

 
 
 
 
 
 
 
 
 
 
 
December 31, 2017
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Weighted-Average Useful Life (in Years)
Finite-lived intangible assets:
 
 
 
 
 
 
 
Trademarks and licenses
$
271.4

 
$
(72.8
)
 
$
198.6

 
13
Customer relationships
250.6

 
(46.8
)
 
203.8

 
13
Patents and internally-developed intellectual property
20.8

 
(8.4
)
 
12.4

 
7
Distribution rights
31.0

 
(2.3
)
 
28.7

 
17
Other
1.3

 
(0.6
)
 
0.7

 
2
Total finite-lived intangible assets
$
575.1

 
$
(130.9
)
 
$
444.2

 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
Trade names
$
147.9

 
N/A

 
$
147.9

 
 
Total indefinite-lived intangible assets
$
147.9

 
N/A

 
$
147.9

 
 
 
 
 
 
 
 
 
 
Total intangible assets
$
723.0

 
$
(130.9
)
 
$
592.1

 
 
Estimated Future Amortization Expense
The following table reflects the estimated future amortization expense for each period presented, a portion of which is subject to exchange rate fluctuations, for the Company's finite-lived intangible assets as of June 30, 2018:
 
Estimated Amortization Expense
2018
$
20.1

2019
37.7

2020
37.0

2021
36.0

2022
34.6

Thereafter
258.6

Total
$
424.0