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SEGMENT DATA AND RELATED INFORMATION
 9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
SEGMENT DATA AND RELATED INFORMATION SEGMENT DATA AND RELATED INFORMATION
Operating Segments
Operating segments include components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (the Company's "Chief Executive Officer") in deciding how to allocate resources and in assessing the Company's performance. As a result of the similarities in the procurement, manufacturing and distribution processes for the Company’s products, much of the information provided in the Consolidated Financial Statements and provided in the segment table below is similar to, or the same as, that reviewed on a regular basis by the Company's Chief Executive Officer. The Company operates in four brand-centric reporting units that are aligned with its organizational structure based on four global brand teams: Revlon; Elizabeth Arden; Portfolio; and Fragrances, which represent the Company's four reporting segments.
The Company's management evaluates segment profit for each of the Company's reportable segments. The Company allocates corporate expenses to each reportable segment to arrive at segment profit, and these expenses are included in the internal measure of segment operating performance. The Company defines segment profit as income from continuing operations before interest, taxes, depreciation, amortization, stock-based compensation expense, gains/losses on foreign currency fluctuations, gains/losses on the early extinguishment of debt and miscellaneous expenses. Segment profit also excludes the impact of certain items that are not directly attributable to the reportable segments' underlying operating performance. Such items are shown below in the table reconciling segment profit to consolidated income from continuing operations before income taxes. The Company does not have any material inter-segment sales.
The accounting policies for each of the reportable segments are the same as those described in the Company's 2020 Form 10-K, in Note 1, "Description of Business and Summary of Significant Accounting Policies." The Company's assets and liabilities are managed centrally and are reported internally in the same manner as the Consolidated Financial Statements; thus, no additional information regarding assets and liabilities of the Company’s reportable segments is produced for the Company's Chief Executive Officer or included in these Consolidated Financial Statements.
The following table is a comparative summary of the Company’s net sales and segment profit for Revlon and Products Corporation by reportable segment for the periods presented.
Revlon, Inc.
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Segment Net Sales:
Revlon$173.0 $166.0 $521.8 $482.8 
Elizabeth Arden122.8 106.3 359.7 282.4 
Portfolio112.7 99.6 307.4 298.1 
Fragrances112.6 105.2 274.6 214.4 
Total$521.1 $477.1 $1,463.5 $1,277.7 
Segment Profit:
Revlon$16.1 $13.5 $45.3 $41.4 
Elizabeth Arden21.3 3.4 42.1 18.4 
Portfolio22.1 12.2 46.3 33.9 
Fragrances22.9 25.4 50.8 34.6 
Total$82.4 $54.5 $184.5 $128.3 
Reconciliation:
Total Segment Profit$82.4 $54.5 $184.5 $128.3 
Less:
Depreciation and amortization31.2 35.1 96.8 108.3 
Non-cash stock compensation expense3.9 5.1 10.4 8.6 
Non-Operating items:
Restructuring and related charges10.8 4.5 28.0 61.2 
Acquisition, integration and divestiture costs
0.6 0.9 1.8 4.2 
Loss (gain) on divested assets0.1 (1.1)(1.7)(0.5)
Financial control remediation and sustainability actions and related charges
— 0.7 0.4 8.5 
Excessive coupon redemptions — — — 4.2 
COVID-19 charges(0.1)9.7 6.1 35.1 
Capital structure and related charges1.8 9.3 6.8 9.3 
Impairment charges— — — 144.1 
      Operating income (loss)34.1 (9.7)35.9 (254.7)
Less:
Interest Expense63.1 68.7 183.9 178.0 
Amortization of debt issuance costs8.7 7.8 30.7 17.8 
   Gain on early extinguishment of debt— (31.2)— (43.1)
   Foreign currency losses (gains), net9.9 (9.8)11.5 9.1 
Miscellaneous, net0.1 (2.6)2.8 13.9 
Loss from operations before income taxes$(47.7)$(42.6)$(193.0)$(430.4)
Products Corporation
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Segment Net Sales:
Revlon$173.0 $166.0 $521.8 $482.8 
Elizabeth Arden122.8 106.3 359.7 282.4 
Portfolio112.7 99.6 307.4 298.1 
Fragrances112.6 105.2 274.6 214.4 
Total$521.1 $477.1 $1,463.5 $1,277.7 
Segment Profit:
Revlon$16.6 $14.2 $46.8 $43.6 
Elizabeth Arden21.7 3.8 43.1 19.7 
Portfolio22.5 12.6 47.3 35.3 
Fragrances23.2 25.9 51.6 35.6 
Total$84.0 $56.5 $188.8 $134.2 
Reconciliation:
Total Segment Profit$84.0 $56.5 $188.8 $134.2 
Less:
Depreciation and amortization31.2 35.1 96.8 108.3 
Non-cash stock compensation expense3.9 5.1 10.4 8.6 
Non-Operating items:
Restructuring and related charges10.8 4.5 28.0 61.2 
Acquisition, integration and divestiture costs
0.6 0.9 1.8 4.2 
Loss (gain) on divested assets
0.1 (1.1)(1.7)(0.5)
Financial control remediation and sustainability actions and related charges
— 0.7 0.4 8.5 
Excessive coupon redemptions — — — 4.2 
COVID-19 charges(0.1)9.7 6.1 35.1 
Capital structure and related charges1.8 9.3 6.8 9.3 
Impairment charge— — — 144.1 
      Operating income (loss)35.7 (7.7)40.2 (248.8)
Less:
Interest Expense63.1 68.7 183.9 178.0 
Amortization of debt issuance costs8.7 7.8 30.7 17.8 
Gain on early extinguishment of debt— (31.2)— (43.1)
   Foreign currency losses (gains), net9.9 (9.8)11.5 9.1 
Miscellaneous, net0.1 (2.6)2.8 13.9 
Loss from operations before income taxes$(46.1)$(40.6)$(188.7)$(424.5)

As of September 30, 2021, the Company had operations established in approximately 25 countries outside of the U.S. and its products are sold throughout the world. Generally, net sales by geographic area are presented by attributing revenues from external customers on the basis of where the products are sold.
The following tables present the Company's segment net sales by geography and total net sales by classes of similar products for the periods presented:
Three Months Ended September 30, 2021Nine Months Ended September 30, 2021
RevlonElizabeth ArdenPortfolioFragrancesTotalRevlonElizabeth ArdenPortfolioFragrancesTotal
Geographic Area:
 Net Sales
   North America$88.4 $32.3 $75.2 $81.5 $277.4 $270.9 $80.9 $201.9 $193.8 $747.5 
   EMEA*43.8 30.4 28.7 20.5 123.4 125.4 85.9 80.6 54.0 345.9 
   Asia9.1 52.0 0.4 3.5 65.0 31.7 171.8 2.3 10.4 216.2 
   Latin America*14.2 2.5 4.8 3.4 24.9 40.7 5.8 12.2 7.9 66.6 
   Pacific*17.5 5.6 3.6 3.7 30.4 53.1 15.3 10.4 8.5 87.3 
$173.0 $122.8 $112.7 $112.6 $521.1 $521.8 $359.7 $307.4 $274.6 $1,463.5 
Three Months Ended September 30, 2020Nine Months Ended September 30, 2020
RevlonElizabeth ArdenPortfolioFragrancesTotalRevlonElizabeth ArdenPortfolioFragrancesTotal
Geographic Area:
 Net Sales
   North America$86.4 $30.5 $59.9 $79.2 $256.0 $265.6 $66.9 $182.8 $151.1 $666.4 
   EMEA*41.4 25.3 32.8 18.8 118.3 105.2 64.9 93.6 44.4 308.1 
   Asia12.1 43.3 0.4 2.7 58.5 33.6 135.5 1.6 8.1 178.8 
   Latin America*11.3 2.5 3.3 1.5 18.6 35.3 3.5 11.6 2.6 53.0 
   Pacific*14.8 4.7 3.2 3.0 25.7 43.1 11.6 8.5 8.2 71.4 
$166.0 $106.3 $99.6 $105.2 $477.1 $482.8 $282.4 $298.1 $214.4 $1,277.7 
* The EMEA region includes Europe, the Middle East and Africa; the Latin America region includes Mexico, Central America and South America; and the Pacific region includes Australia and New Zealand.

Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Classes of similar products:
   Net sales:
Color cosmetics$124.8 24%$104.7 22%$368.5 25%$305.3 24%
Fragrance
160.1 31%141.6 30%395.4 27%300.5 24%
Hair care124.2 24%115.9 24%351.6 24%338.0 26%
Beauty care
45.6 9%50.4 11%124.8 9%141.9 11%
Skin care
66.4 12%64.5 13%223.2 15%192.0 15%
$521.1 $477.1 $1,463.5 $1,277.7 

The following table presents the Company's long-lived assets by geographic area:
September 30, 2021December 31, 2020
Long-lived assets, net:
United States$1,137.7 83%$1,194.9 82%
International228.0 17%260.7 18%
$1,365.7 $1,455.6