XML 56 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statement Of Stockholders' Equity (Deficiency) And Comprehensive Income (Loss) (USD $)
In Millions, unless otherwise specified
Common Stock [Member]
Additional Paid-In-Capital [Member]
Treasury Stock [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Total
Balance at Dec. 31, 2008 $ 0.5 $ 1,000.9 $ (3.6) $ (1,927.5) $ (183.1) $ (1,112.8)
Treasury stock acquired, at cost [1]     (1.1)     (1.1)
Stock-based compensation amortization   5.6       5.6
Discount on Preferred Stock   0.7       0.7
Comprehensive income (loss):            
Net income       48.8   48.8
Revaluation of financial derivative instruments [2]         3.7 3.7
Currency translation adjustment         9.8 9.8
Amortization of pension related costs [3]         12.0 12.0
Pension re-measurement         (9.5) (9.5)
Pension curtailment gain [4]         9.2 9.2
Total comprehensive income           74.0
Balance at Dec. 31, 2009 0.5 1,007.2 (4.7) (1,878.7) (157.9) (1,033.6)
Treasury stock acquired, at cost [1]     (2.5)     (2.5)
Stock-based compensation amortization   3.6       3.6
Excess tax benefits from stock-based compensation   1.2       1.2
Comprehensive income (loss):            
Net income       327.3   327.3
Revaluation of financial derivative instruments [2]         1.7 1.7
Currency translation adjustment         7.4 7.4
Amortization of pension related costs [3]         5.4 5.4
Pension re-measurement [4]         (8.4) (8.4)
Pension curtailment gain [4]         1.5 1.5
Total comprehensive income           334.9
Balance at Dec. 31, 2010 0.5 1,012.0 (7.2) (1,551.4) (150.3) (696.4)
Treasury stock acquired, at cost [1]     (1.4)     (1.4)
Stock-based compensation amortization   1.9       1.9
Excess tax benefits from stock-based compensation   0.2       0.2
Comprehensive income (loss):            
Net income       53.4   53.4
Currency translation adjustment         (8.3) (8.3)
Amortization of pension related costs [3]         3.6 3.6
Pension re-measurement [4]         (45.9) (45.9)
Total comprehensive income           2.8
Balance at Dec. 31, 2011 $ 0.5 $ 1,014.1 $ (8.6) $ (1,498.0) $ (200.9) $ (692.9)
[1] Pursuant to the share withholding provision of the Third Amended and Restated Revlon, Inc. Stock Plan (the "Stock Plan"), certain employees, in lieu of paying withholding taxes on the vesting of certain restricted stock, authorized the withholding of an aggregate 138,433; 147,161; and 129,224 shares of Revlon, Inc. Class A Common Stock during 2011, 2010 and 2009, respectively, to satisfy the minimum statutory tax withholding requirements related to such vesting. These shares were recorded as treasury stock using the cost method, at a weighted average price per share of $10.07, $16.84, and $8.56 during 2011, 2010, and 2009, respectively, based on the closing price of Revlon, Inc. Class A Common Stock as reported on the NYSE consolidated tape on the respective vesting dates, for a total of $1.4 million, $2.5 million and $1.1 million, respectively. For details on such withholding taxes on the vesting of certain restricted stock, see Note 15, "Stockholders' Equity - Treasury Stock".
[2] See Note 11, "Financial Instruments" and Note 17, "Accumulated Other Comprehensive Loss" for details regarding the net amount of hedge accounting derivative losses recognized in 2010 and 2009 due to the Company's use of derivative financial instruments.
[3] See Note 14, "Savings Plan, Pension and Post-retirement Benefits," and Note 17, "Accumulated Other Comprehensive Loss," for details on the change in Accumulated Other Comprehensive Loss as a result of the amortization of unrecognized prior service costs and actuarial losses (gains) arising during 2011, 2010 and 2009 related to the Company's pension and other post-retirement plans.
[4] See Note 14, "Savings Plan, Pension and Post-retirement Benefits," and Note 17, "Accumulated Other Comprehensive Loss," for details on the increase in pension liabilities recorded within Accumulated Other Comprehensive Loss as the result of the re-measurement of the pension liabilities, as well as the curtailment gain recognized by the Company in connection with the May 2009 Pension Plan Amendments (as hereinafter defined) in 2009 and the curtailment gain recognized by the Company in connection with the amendments to the Canadian defined benefit pension plan in 2010, which both reduced the Company's pension liability and were recorded as an offset against the net actuarial losses previously reported within Accumulated Other Comprehensive Loss in the respective years.