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Business Combinations - Additional Information (Detail) (USD $)
In Millions, except Share data, unless otherwise specified
12 Months Ended 0 Months Ended 3 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Oct. 09, 2013
The Colomer Group Participations, S.L.
Jul. 02, 2012
Pure Ice Acquisition
Mar. 17, 2011
Sinful Colors
Mar. 31, 2013
Acquisition and Integration Costs
The Colomer Group Participations, S.L.
Dec. 31, 2013
Trade Names
Dec. 31, 2013
Trade Names
The Colomer Group Participations, S.L.
Dec. 31, 2014
Subsequent Event
The Colomer Group Participations, S.L.
Jan. 31, 2014
Subsequent Event
Minimum
Jan. 31, 2014
Subsequent Event
Maximum
Business Acquisition [Line Items]                        
Effective date of acquisition       Oct. 09, 2013 Jul. 02, 2012              
Cash drawn from 2011 revolving credit facility         $ 21.2              
Payments to acquire businesses, net 627.6 66.2 39.0                  
Indefinite-lived intangible assets: 109.7             109.7        
Acquisition related costs             12.9          
Integration related costs             12.5     2.0    
Shareholder loans       122.7 [1]                
Total consideration       664.5 66.2 [2] 39.0 [3]            
Number of shares purchased (shares)       10,227                
Total share price       538.4                
Payments to Acquire Business, Interest Payment       7.2                
Cash purchase price       545.6 [4] 45.0              
Leakages       (3.8) [5]                
Trade receivables       83.9                
Gross amount of receivables acquired       103.1                
Estimate of uncollectible accounts receivable acquired       19.2                
Aggregated contractual term                 200 years      
Total deferred tax liabilities       120.2                
Intangible assets       292.7                
Tax basis of intangible assets       0                
Goodwill 474.7 217.8 194.7 255.7 23.1 [2] 12.1 [3]            
Restructuring and Related Activities, Annualized Cost Reduction                     $ 30 $ 35
[1] The purchase price included the payment of Colomer’s shareholder loans for $122.7 million, which included the principal and accrued interest owed as of the Acquisition Date. As such, this liability was settled on the Acquisition Date.
[2] On July 2, 2012, the Company acquired certain assets of Bari Cosmetics, Ltd., including trademarks and other intellectual property related to Pure Ice nail enamel and Bon Bons cosmetics brands (the “Pure Ice Acquisition”). The Company paid $66.2 million of total consideration for the Pure Ice Acquisition in cash, comprised of $45.0 million cash on hand and $21.2 million drawn under Products Corporation’s 2011 Revolving Credit Facility. Both the intangible assets acquired and goodwill are expected to be deductible for income tax purposes.
[3] On March 17, 2011, the Company acquired certain assets, including trademarks and other intellectual property, inventory, certain receivables and manufacturing equipment, related to SinfulColors cosmetics, Wild and Crazy cosmetics, freshMinerals cosmetics (which brand was disposed of in August 2012) and freshcover cosmetics, which products are sold principally in the U.S. mass retail channel (the “SinfulColors Acquisition”). The Company also assumed certain liabilities of the acquired business. The Company paid $39.0 million of total consideration for the SinfulColors Acquisition in cash. Both the intangible assets acquired and goodwill are expected to be deductible for income tax purposes.
[4] All of Colomer’s 10,227 shares outstanding on the Acquisition Date were purchased for a total of $538.4 million. In addition, interest on the share price from the locked box date of June 30, 2013 through the Acquisition Date totaled $7.2 million, for a total share purchase price of $545.6 million.
[5] According to the Purchase Agreement, certain leakages, such as certain fees and other items incurred by Colomer between June 30, 2013 and the Acquisition Date, were reductions to the purchase price.