Sunbeam 2009 Annual Report Download - page 76

Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2009 (Dollars in millions, except per share data and unless otherwise indicated)
17. Segment Information
The Company and its chief operating decision makers use “segment earnings” to measure segment operating performance. During
the first quarter of 2008, the Company modified the composition of segment earnings to include stock-based compensation. All prior
periods have been reclassified to conform to the current presentation.
The Company reports four business segments: Outdoor Solutions, Consumer Solutions, Branded Consumables and Process Solutions.
The Company’s sales are principally within the United States. The Company’s international operations are mainly based in Asia, Canada,
Europe and Latin America.
The Outdoor Solutions segment manufactures or sources, markets and distributes global consumer active lifestyle products for out-
door and outdoor-related activities. For general outdoor activities, Coleman®is a leading brand for active lifestyle products, offering an array
of products that include camping and outdoor equipment such as air beds, camping stoves, coolers, foldable furniture, gas and charcoal
grills, lanterns and flashlights, propane fuel, sleeping bags, tents and water recreation products such as boats, kayaks and tow-behinds. The
Outdoor Solutions segment also 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®. Team sports
equipment for baseball, softball, football, basketball, field hockey and lacrosse products are sold under brand names such as deBeer®, Gait®,
Mike®, Rawlings®and Worth®. Alpine and nordic skiing, snowboarding, snowshoeing and in-line skating products are sold under brand
names such as Atlas™, Full Tilt®, K2®, Line®, Little Bear®, Madshus®, Marker®, Morrow®, Ride®, Tubbs®, Völkl®and 5150 Snowboards®.
Water sports equipment, personal flotation devices and all-terrain vehicle gear are sold under brand names such as Helium®, Hodgman®,
Mad Dog Gear®, Sevylor®, Sospenders®and Stearns®. The Company also sells high performance technical and outdoor apparel and
equipment under brand names such as Ex Officio®, Marmot®, Planet Earth®and Zoot®.
The Consumer Solutions segment manufactures or sources, markets, and distributes a diverse line of household products, including
kitchen appliances and personal care and wellness products for home use. This segment maintains a strong portfolio of globally recognized
brands including Bionaire®, Crock-Pot®, FoodSaver®, Health o meter®, Holmes®, Mr. Coffee®, Oster®, Patton®, Rival®, Seal-a-Meal®,
Sunbeam®and Villaware®. The principal products in this segment include clippers and trimmers for professional use in the beauty and
barber and animal categories; electric blankets, mattress pads and throws; household kitchen appliances, such as blenders, coffeemakers,
irons, mixers, slow cookers, toasters, toaster ovens and vacuum packaging machines; personal care and wellness products, such as air
purifiers, fans, heaters and humidifiers, for home use; products for the hospitality industry; and scales for consumer use.
The Branded Consumables segment 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, cord, rope and twine, fencing, fire extinguishing products, firelogs and firestarters, home canning jars and
accessories, kitchen matches, other craft items, plastic cutlery, playing cards and accessories, safes, security cameras, security doors, smoke
and carbon monoxide alarms, storage organizers and workshop accessories, toothpicks, window guards and other accessories. This segment
markets our products under the Aviator®, Ball®, Bee®, Bernardin®, Bicycle®, BRK®, Crawford®, Diamond®, Dicon®, First Alert®, Forster®,
Hoyle®, Java-Log®, KEM®, Kerr®, Lehigh®, Leslie-Locke®, Loew-Cornell®, Pine Mountain®and Wellington®brand names, among others.
We distribute these products through club, drug, e-commerce, grocery, hardware, home center, mass merchant and specialty retail cus-
tomers and deliver these products to thousands of “ship to” locations.
The Process Solutions segment manufactures, markets and distributes a wide variety of plastic products including closures, contact
lens packaging, medical disposables, plastic cutlery and rigid packaging. Many of these products are consumable in nature or represent
components of consumer products. Our materials business produces specialty nylon polymers, conductive fibers and monofilament used in
various products, including woven mats used by paper producers and weed trimmer cutting line, as well as fiberglass radio antennas for
marine, citizen band and military applications. This segment is also the largest North American producer of niche products fabricated from
solid zinc strip and are the sole source supplier of copper plated zinc penny blanks to the United States Mint and a major supplier to the
Royal Canadian Mint, as well as a supplier of brass, bronze and nickel plated finishes on steel and zinc for coinage to other international
markets. In addition, the Company manufactures a line of industrial zinc products marketed globally for use in the architectural, automotive,
construction, electrical component and plumbing markets.
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