Sunbeam 2006 Annual Report Download - page 82

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The following table sets forth the details and the activity related to reorganization and acquisition-related integration costs
as of and for the years ended December 31,2006 and 2005:
Reorganization
Accrual and Cash Accrual
Balance at Assumed Acquisition Payments Foreign Balance at
December 31, Upon Related and Non-cash Currency December 31,
(in millions) 2005 Acquisitions Costs, net Reductions Reductions Translations 2006
2006
Severance and other
employee related $15.9$— $14.2$(19.0)$—$0.4$11.5
Other costs 1.6—21.7(19.8)—(0.1)3.4
$17.5$— $35.9$(38.8)$—$0.3$14.9
Impairment 3.3
Reversal purchase
accounting liability (2.4)
Total $36.8
Reorganization
Accrual and Cash Accrual
Balance at Assumed Acquisition Payments Foreign Balance at
December 31, Upon Related and Non-cash Currency December 31,
2004 Acquisitions Costs, net Reductions Reductions Translations 2005
2005
Severance and other
employee related $ — $11.6$18.1$(12.5) $(0.6) $(0.7) $15.9
Other costs — 0.7 9.7(6.8) (2.0) — 1.6
$ — $12.3$27.8$(19.3) $(2.6) $(0.7) $17.5
Impairment 1.3
Total $29.1
17.SEGMENT INFORMATION
During the first quarter of 2006,management changed the Company’s reportable segments to reflect the new structure of
the organization and the manner in which the chief operating decision maker regularly assesses information for decision-
making purposes, including the allocation of resources. As a result, the First Alert business was moved from the Consumer
solutions segment to the Branded consumables segment. During the second quarter of 2006,the Company changed the man-
ner in which it measures segment operating performance to be “segment earnings”. All prior periods have been reclassified to
conform to the current reporting structure and performance measures.
The Company reports four business segments: Branded consumables, Consumer solutions, Outdoor solutions and
Process solutions.
In the Branded consumables segment, the Company manufacturers or sources, markets, distributes a broad line of
branded products, many of which are affordable, consumable and fundamental household staples including arts and crafts,
paintbrushes, children’s card games, clothespins, collectible tins, firelogs and firestarters, home safety equipment, home can-
ning jars, jar closures, kitchen matches, other craft items, plastic cutlery, playing cards and card accessories, rope, cord and
twine, storage and workshop accessories, toothpicks and other accessories marketed under the Aviator®,Ball®,Bee®,
Bernardin®,Bicycle®,BRK®,Crawford®,Diamond®,Dicon®,First Alert®,Forster®,Hoyle®,KEM®, Kerr®,Lehigh®,Leslie-
Locke®,Loew-Cornell®and Pine Mountain®brand names, among others.
Notes to Consolidated Financial Statements
Jarden Corporation 2006 Annual Report
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