XML 83 R72.htm IDEA: XBRL DOCUMENT v3.10.0.1
GUARANTOR FINANCIAL INFORMATION Statements of Income and Comprehensive Income (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Condensed Income Statements, Captions [Line Items]        
Net sales $ 606.8 $ 645.7 [1] $ 1,167.5 $ 1,240.6 [1]
Cost of sales 259.6 268.4 [1] 502.2 533.9 [1]
Gross profit 347.2 377.3 [1] 665.3 706.7 [1]
Selling, general and administrative expenses 372.9 356.1 [1] 743.0 707.5 [1]
Acquisition and integration costs 4.6 10.0 [1] 8.6 27.5 [1]
Restructuring charges and other, net 5.9 3.7 [1] 10.0 4.9 [1]
Disposal of investment 20.1 0.0 [1] 20.1 0.0 [1]
Operating (loss) income (56.3) 7.5 [1] (116.4) (33.2) [1]
Intercompany interest, net 0.0 0.0 0.0 0.0
Interest expense 42.8 36.7 [1] 82.7 71.7 [1]
Amortization of debt issuance costs 3.0 2.3 [1] 5.3 4.5 [1]
Foreign currency gains, net 20.2 (9.4) [1] 9.6 (13.7) [1]
Miscellaneous, net 0.2 0.8 [1] 0.2 1.4 [1]
Other expenses 66.2 30.4 [1] 97.8 63.9 [1]
Loss from continuing operations before income taxes (122.5) (22.9) [1] (214.2) (97.1) [1]
Provision for income taxes (2.5) 12.7 [1] (3.8) (25.4) [1]
Loss from continuing operations, net of taxes (120.0) (35.6) [1] (210.4) (71.7) [1]
Income (loss) from discontinued operations, net of taxes (1.1) 0.6 [1] 0.3 0.9 [1]
Equity in income (loss) of subsidiaries 0.0 0.0 0.0 0.0
Net loss (121.1) (35.0) [1] (210.1) (70.8) [1]
Other comprehensive (loss) income (2.7) 4.5 [1] (2.5) [2] 14.4 [1]
Total comprehensive loss (123.8) (30.5) [1] (212.6) (56.4) [1]
Eliminations [Member]        
Condensed Income Statements, Captions [Line Items]        
Net sales (1.3) (0.4) (2.6) (1.5)
Cost of sales (1.3) (0.4) (2.6) (1.5)
Gross profit 0.0 0.0 0.0 0.0
Selling, general and administrative expenses 0.0 0.0 0.0 0.0
Acquisition and integration costs 0.0 0.0 0.0 0.0
Restructuring charges and other, net 0.0 0.0 0.0 0.0
Disposal of investment 0.0   0.0  
Operating (loss) income 0.0 0.0 0.0 0.0
Intercompany interest, net 0.0 0.0 0.0 0.0
Interest expense 0.0 0.0 0.0 0.0
Amortization of debt issuance costs 0.0 0.0 0.0 0.0
Foreign currency gains, net 0.0 0.0 0.0 0.0
Miscellaneous, net 0.0 0.0 0.0 0.0
Other expenses 0.0 0.0 0.0 0.0
Loss from continuing operations before income taxes 0.0 0.0 0.0 0.0
Provision for income taxes 0.0 0.0 0.0 0.0
Loss from continuing operations, net of taxes 0.0 0.0 0.0 0.0
Income (loss) from discontinued operations, net of taxes 0.0 0.0 0.0 0.0
Equity in income (loss) of subsidiaries 68.4 24.3 64.9 49.8
Net loss 68.4 24.3 64.9 49.8
Other comprehensive (loss) income (10.1) 3.5 11.8 4.2
Total comprehensive loss 58.3 27.8 76.7 54.0
Products Corporation [Member] | Reportable Legal Entities [Member]        
Condensed Income Statements, Captions [Line Items]        
Net sales 186.8 186.7 329.0 348.6
Cost of sales 86.3 63.0 154.7 126.6
Gross profit 100.5 123.7 174.3 222.0
Selling, general and administrative expenses 104.7 117.1 227.0 236.1
Acquisition and integration costs 2.8 7.9 5.6 24.1
Restructuring charges and other, net (0.6) (1.4) 4.4 (3.7)
Disposal of investment 20.1   20.1  
Operating (loss) income (26.5) 0.1 (82.8) (34.5)
Intercompany interest, net (2.1) (2.4) (3.9) (4.4)
Interest expense 42.5 36.6 82.3 71.5
Amortization of debt issuance costs 3.0 2.3 5.3 4.5
Foreign currency gains, net 3.8 (1.3) 2.0 (1.8)
Miscellaneous, net (3.3) (11.2) (10.3) (34.8)
Other expenses 43.9 24.0 75.4 35.0
Loss from continuing operations before income taxes (70.4) (23.9) (158.2) (69.5)
Provision for income taxes (7.2) (8.8) (8.2) (46.4)
Loss from continuing operations, net of taxes (63.2) (15.1) (150.0) (23.1)
Income (loss) from discontinued operations, net of taxes 0.0 0.0 0.0 0.0
Equity in income (loss) of subsidiaries (57.9) (19.9) (60.1) (47.7)
Net loss (121.1) (35.0) (210.1) (70.8)
Other comprehensive (loss) income (2.7) 4.5 (2.5) 14.4
Total comprehensive loss (123.8) (30.5) (212.6) (56.4)
Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member]        
Condensed Income Statements, Captions [Line Items]        
Net sales 144.9 160.9 288.8 323.2
Cost of sales 68.9 79.0 135.0 156.3
Gross profit 76.0 81.9 153.8 166.9
Selling, general and administrative expenses 119.5 92.9 216.0 177.1
Acquisition and integration costs 0.5 0.8 1.0 1.6
Restructuring charges and other, net 2.5 3.5 0.2 5.0
Disposal of investment 0.0   0.0  
Operating (loss) income (46.5) (15.3) (63.4) (16.8)
Intercompany interest, net 0.7 0.4 1.2 0.7
Interest expense 0.0 0.0 0.0 0.0
Amortization of debt issuance costs 0.0 0.0 0.0 0.0
Foreign currency gains, net (0.2) 0.1 0.4 0.5
Miscellaneous, net (13.7) (9.9) (25.7) (9.8)
Other expenses (13.2) (9.4) (24.1) (8.6)
Loss from continuing operations before income taxes (33.3) (5.9) (39.3) (8.2)
Provision for income taxes 5.0 10.4 5.1 10.7
Loss from continuing operations, net of taxes (38.3) (16.3) (44.4) (18.9)
Income (loss) from discontinued operations, net of taxes 0.0 0.0 0.0 0.0
Equity in income (loss) of subsidiaries (10.5) (4.4) (4.8) (2.1)
Net loss (48.8) (20.7) (49.2) (21.0)
Other comprehensive (loss) income 10.5 (3.5) (2.8) (7.0)
Total comprehensive loss (38.3) (24.2) (52.0) (28.0)
Non-Guarantor Subsidiaries [Member] | Reportable Legal Entities [Member]        
Condensed Income Statements, Captions [Line Items]        
Net sales 276.4 298.5 552.3 570.3
Cost of sales 105.7 126.8 215.1 252.5
Gross profit 170.7 171.7 337.2 317.8
Selling, general and administrative expenses 148.7 146.1 300.0 294.3
Acquisition and integration costs 1.3 1.3 2.0 1.8
Restructuring charges and other, net 4.0 1.6 5.4 3.6
Disposal of investment 0.0   0.0  
Operating (loss) income 16.7 22.7 29.8 18.1
Intercompany interest, net 1.4 2.0 2.7 3.7
Interest expense 0.3 0.1 0.4 0.2
Amortization of debt issuance costs 0.0 0.0 0.0 0.0
Foreign currency gains, net 16.6 (8.2) 7.2 (12.4)
Miscellaneous, net 17.2 21.9 36.2 46.0
Other expenses 35.5 15.8 46.5 37.5
Loss from continuing operations before income taxes (18.8) 6.9 (16.7) (19.4)
Provision for income taxes (0.3) 11.1 (0.7) 10.3
Loss from continuing operations, net of taxes (18.5) (4.2) (16.0) (29.7)
Income (loss) from discontinued operations, net of taxes (1.1) 0.6 0.3 0.9
Equity in income (loss) of subsidiaries 0.0 0.0 0.0 0.0
Net loss (19.6) (3.6) (15.7) (28.8)
Other comprehensive (loss) income (0.4) 0.0 (9.0) 2.8
Total comprehensive loss $ (20.0) $ (3.6) $ (24.7) $ (26.0)
[1] Adjusted as a result of the adoption of certain accounting pronouncements during 2018. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements," for details of these adjustments.
[2] See Note 12, "Accumulated Other Comprehensive Loss," regarding the changes in the accumulated balances for each component of other comprehensive loss during the six months ended June 30, 2018.