Rayovac 2013 Annual Report Download - page 126
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SPECTRUM BRANDS HOLDINGS, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(CONTINUED)
(Amounts in thousands, except per share figures)
Segment information for the Company for Fiscal 2013, Fiscal 2012 and Fiscal 2011, is as follows:
Net sales to external customers
2013 2012 2011
Consumer batteries ...................................... $ 931,647 $ 948,652 $ 953,301
Small appliances ........................................ 740,289 771,568 777,823
Electric shaving and grooming ............................. 276,783 279,468 274,587
Electric personal care .................................... 254,858 250,251 248,442
Global Batteries & Appliances ................................. 2,203,577 2,249,939 2,254,153
Global Pet Supplies .......................................... 621,834 615,508 578,905
Home and Garden Business ................................... 390,539 386,988 353,858
Hardware & Home Improvement ............................... 869,631 — —
Total segments .............................................. $4,085,581 $3,252,435 $3,186,916
Depreciation and amortization
2013 2012 2011
Global Batteries & Appliances ................................. $ 67,229 $ 63,618 $ 68,111
Global Pet Supplies .......................................... 29,615 27,702 24,274
Home and Garden Business ................................... 11,685 13,296 12,375
Hardware & Home Improvement ............................... 31,364 — —
Total segments .............................................. 139,893 104,616 104,760
Corporate .................................................. — — —
Total Depreciation and amortization ............................. $139,893 $104,616 $104,760
Segment profit
2013 2012 2011
Global Batteries & Appliances ................................. $237,544 $244,442 238,864
Global Pet Supplies .......................................... 91,080 85,866 75,564
Home and Garden Business ................................... 78,483 73,609 65,180
Hardware & Home Improvement ............................... 88,668 — —
Total segments .............................................. 495,775 403,917 379,608
Corporate expenses .......................................... 62,141 51,514 53,967
Acquisition and integration related charges ....................... 48,445 31,066 36,603
Restructuring and related charges ............................... 34,012 19,591 28,644
Intangible asset impairment ................................... — — 32,450
Interest expense ............................................. 375,625 191,911 208,329
Other expense, net ........................................... 3,506 878 2,491
(Loss) income from continuing operations before income taxes ....... $(27,954) $108,957 $ 17,124
On February 8, 2013, the Venezuelan government announced the formal devaluation of its currency, the
Bolivar fuerte, relative to the U.S. dollar. As Venezuela continues to be considered a highly inflationary
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