Subsequent Event

6 Months Ended

Jun. 30, 2011


(13)	Subsequent Event

On June 5, 2011, the Company’s manufacturing facility in Venezuela was destroyed by fire. On July 18, 2011, the Company received confirmation that its insurers have agreed to an interim advance payment of $15 million, which is expected to be received in the third quarter of 2011. The final amount and timing of the ultimate insurance recovery is still currently unknown. As of June 30, 2011, the Company has not recognized any insurance receivable in excess of the $4.9 million impairment loss related to Revlon Venezuela’s net book value of inventory, property, plant and equipment destroyed by the fire.

For further discussion, see Note 1, “Description of Business and Basis of Presentation — Fire at Revlon Venezuela Facility.”