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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Net sales $ 2,419.6 $ 2,564.5
Cost of sales 1,052.2 1,117.0
Gross profit 1,367.4 1,447.5
Selling, general and administrative expenses 1,316.6 1,460.5
Acquisition, integration and divestiture costs 3.9 13.9
Restructuring charges and other, net 12.8 20.2
Impairment charges 0.0 18.0
(Gain) loss on divested assets (26.6) (20.1)
Operating (loss) income 60.7 (85.2)
Other expenses:    
Interest Expense 196.6 176.6
Amortization of debt issuance costs 14.6 13.0
Foreign currency (gains) losses, net (1.9) 15.8
Miscellaneous, net 16.4 1.3
Other expense (income), net 225.7 206.7
Loss from continuing operations before income taxes (165.0) (291.9)
(Benefit from) provision for income taxes 0.2 2.2
(Loss) income from continuing operations, net of taxes (165.2) (294.1)
(Loss) income from discontinued operations, net of taxes 7.5 (0.1)
Net (loss) income (157.7) (294.2)
Other comprehensive (loss) income:    
Foreign currency translation adjustments(a) [1] (2.9) (9.4)
Amortization of pension related costs, net of tax(b)(c) [2],[3] 9.0 8.4
Pension re-measurement, net of tax (d) [4] (19.3) (5.5)
Reclassification into earnings of accumulated losses from the de-designated 2013 Interest Rate Swap, net of tax(e) [5] 0.0 0.7
Other comprehensive (loss) income (13.2) (5.8) [6]
Total comprehensive loss $ (170.9) $ (300.0)
Basic and Diluted (loss) earnings per common share:    
Continuing operations $ (3.11) $ (5.57)
Discontinued operations 0.14 0
Net loss $ (2.97) $ (5.57)
Weighted average number of common shares outstanding:    
Basic (in shares) 53,081,321 52,797,686
Diluted (in shares) 53,081,321 52,797,686
Revlon Consumer Products Corporation    
Net sales $ 2,419.6 $ 2,564.5
Cost of sales 1,052.2 1,117.0
Gross profit 1,367.4 1,447.5
Selling, general and administrative expenses 1,308.7 1,454.2
Acquisition, integration and divestiture costs 3.9 13.9
Restructuring charges and other, net 12.8 20.2
Impairment charges 0.0 18.0
(Gain) loss on divested assets (26.6) 20.1
Operating (loss) income 68.6 (78.9)
Other expenses:    
Interest Expense 196.6 176.6
Amortization of debt issuance costs 14.6 13.0
Foreign currency (gains) losses, net (1.9) 15.8
Miscellaneous, net 16.4 1.3
Other expense (income), net 225.7 206.7
Loss from continuing operations before income taxes (157.1) (285.6)
(Benefit from) provision for income taxes 1.6 3.4
(Loss) income from continuing operations, net of taxes (158.7) (289.0)
(Loss) income from discontinued operations, net of taxes 7.5 (0.1)
Net (loss) income (151.2) (289.1)
Other comprehensive (loss) income:    
Foreign currency translation adjustments(a) [7] (2.9) (9.4)
Amortization of pension related costs, net of tax(b)(c) [8],[9] 9.0 8.4
Pension re-measurement, net of tax (d) [10] (19.3) (5.5)
Reclassification into earnings of accumulated losses from the de-designated 2013 Interest Rate Swap, net of tax(e) [11] 0.0 0.7
Other comprehensive (loss) income [12] (13.2) (5.8)
Total comprehensive loss $ (164.4) $ (294.9)
[1] Net of tax expense of $1.8 million and a tax benefit of $0.1 million for 2019 and 2018, respectively.
[2] Net of tax expense of $1.1 million and $1.0 million for 2019 and 2018, respectively.
[3] This amount is included in the computation of net periodic benefit costs (income). See Note 12, "Pension and Post-Retirement Benefits," for additional information regarding net periodic benefit costs (income).
[4] Net of tax benefit of $5.2 million and $2.5 million for 2019 and 2018, respectively.
[5] Net of tax benefit of nil and $0.5 million for 2019 and 2018, respectively.
[6] See Note 15, "Accumulated Other Comprehensive Loss," regarding the changes in the accumulated balances for each component of other comprehensive loss during 2019 and 2018, respectively.
[7] Net of tax expense of $1.8 million and a tax benefit of $0.1 million for 2019 and 2018, respectively.
[8] Net of tax expense of $1.1 million and $1.0 million for 2019 and 2018, respectively.
[9] This amount is included in the computation of net periodic benefit costs (income). See Note 12, "Pension and Post-Retirement Benefits," for additional information regarding net periodic benefit costs (income).
[10] Net of tax benefit of $5.2 million and $2.5 million for 2019 and 2018, respectively.
[11] Net of tax benefit of nil and $0.5 million for 2019 and 2018, respectively.
[12] See Note 15, "Accumulated Other Comprehensive Loss," regarding the changes in the accumulated balances for each component of other comprehensive loss during 2019 and 2018, respectively.