Sunbeam 2007 Annual Report Download - page 51

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations
The following discussion of Jarden’s financial condition and results of operations should be read together
with our consolidated financial statements and notes to those statements included in Item 8 of Part II of this
Annual Report on Form 10-K. Unless otherwise indicated, references in the following discussion to 2007, 2006
and 2005 are to Jarden’s calendar years ended December 31, 2007, 2006 and 2005, respectively.
Overview
Jarden Corporation and its subsidiaries (hereinafter referred to as the “Company” or “Jarden”) is a leading
provider of niche consumer products. Jarden currently operates in three primary business segments: Outdoor
Solutions, Consumer Solutions, and Branded Consumables.
Our growth strategy is based on introducing new products, as well as on expanding existing product
categories which is supplemented through acquiring businesses with highly recognized brands, innovative
products and multi-channel distribution.
In the Outdoor Solutions segment, the Company manufactures or sources, markets and distributes consumer
active lifestyle products worldwide for use outside the home or away from the home under well-known brand
names. The Company sells products for camping, backpacking, tailgating, outdoor cooking and other outdoor
active lifestyle activities under the Campingaz®and Coleman®brand names. The Company sells personal
flotation devices, water sports products and all-terrain vehicle equipment under brand names such as Stearns®,
Sevylor®, Sospenders®, Hodgman®, and Mad Dog Gear®. The Company sells fishing equipment, under brand
names such as Abu Garcia®, All Star®, Berkley®, Fenwick®, Gulp!®, JRC™, Mitchell®, Penn®, Pflueger®,
Sevenstrand®, Shakespeare®, Spiderwire®, Stren®, Trilene®, Ugly Stik®and Xtools®. Baseball, softball,
football, basketball and lacrosse products are sold under brand names such as deBeer®, Gait by deBeer®,
Miken®, Rawlings®and Worth®. Alpine and nordic skiing, snowboarding, snowshoeing and in-line skating
products are sold under brand names such as Atlas™,K2
®, Line®, Little Bear®, Madshus®, Marker®, Morrow®,
Ride®, Tubbs®, Völkl®and 5150 Snowboards®. The Company also sells high performance technical outdoor
apparel and equipment under brand names such as Adio®, Ex Officio®, Marmot®and Planet Earth®.
In the Consumer Solutions segment, the Company manufactures or sources, markets and distributes and
licenses rights to an array of innovative consumer products that are designed to improve consumers’ lives by
enhancing sleep, health, personal care, cooking and other daily necessities with leading products such as
coffeemakers, bedding, home vacuum packaging machines, heating pads, slow cookers, air cleaning products,
fans and heaters and personal and animal grooming products, as well as related consumable products. The
Company sells kitchen products under the well-known Crock-Pot®, FoodSaver®, Mr. Coffee®, Oster®, Rival®,
Seal-a-Meal®, Sunbeam®and VillaWare®brand names. Personal care and grooming products are sold under the
Health o meter®, Oster®and Sunbeam®brand names. The Company’s portable air cleaning products are sold
under the Bionaire®brand name, and its fans and heaters are sold under the Holmes®and Patton®brand names.
In the Branded Consumables segment, the Company manufactures or sources, markets and distributes a
broad line of branded consumer products, many of which are affordable, consumable and fundamental household
staples including arts and crafts paint brushes, children’s card games, clothespins, collectible tins, firelogs and
firestarters, home safety equipment, home canning jars, jar closures, kitchen matches, other craft items, plastic
cutlery, playing cards and accessories, rope, cord and twine, storage and workshop accessories, toothpicks and
other accessories. This segment markets our products 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.
39