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Jarden Corporation Annual Report 2012 15
Management’s Discussion and Analysis of Financial Condition and Results of Operations
The following discussion of financial condition and results of operations of Jarden Corporation and its subsidiaries (hereinafter
referred to as the “Company” or “Jarden”) should be read together with the consolidated financial statements and notes to those
statements included in this Annual Report. Unless otherwise indicated, references in the following discussion to 2012, 2011 and 2010
are to Jarden’s fiscal years ended December 31, 2012, 2011 and 2010, respectively.
Overview
The Company is a leading provider of a broad range of consumer products. 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 Company distributes its products globally, primarily through club stores; craft stores; direct-to-consumer channels, primarily
consisting of infomercials; department stores; drugstores; grocery retailers; home improvement stores; mass merchandisers; on-
line; specialty retailers and wholesalers. The markets in which the Company’s businesses operate are generally highly competitive,
based primarily on product quality, product innovation, price and customer service and support, although the degree and nature of
such competition vary by location and product line. Since the Company operates primarily in the consumer products markets, it is
generally affected, by among other factors, overall economic conditions and the related impact on consumer confidence.
The Outdoor Solutions segment manufactures or sources, markets and distributes global consumer active lifestyle products for
outdoor 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 grills, lanterns and flashlights, propane fuel, sleeping bags, tents and water recreation products such as inflatable
boats, kayaks and tow-behinds. The Outdoor Solutions segment is also a leading provider of fishing equipment under brand
names such as Abu Garcia®, All Star®, Berkley®, Fenwick®, Gulp!®, JRC™, Mitchell®, Penn®, Pflueger®, Sebile®, 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®, Miken®, 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 CAPP3L®, Ex Officio®, K2®, Marker®, Marmot®, Planet Earth®, Ride®, Völkl® and
Zoot®, and premium air beds under brand names, including Aero®, Aerobed®and Aero Sport®. The Outdoor Solutions Segment
also sells a variety of products sold internationally under brand names such as Campingaz®, Esky® and Invicta®.
The Consumer Solutions segment manufactures or sources, markets, and distributes a diverse line of household products,
including kitchen appliances and home environment products. 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®, skybar® 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;
home environment products, such as air purifiers, fans, heaters and humidifiers; products for the hospitality industry; and scales
for consumer use. The Consumer Solutions segment also has rights to sell various small appliance products in substantially all of
Europe under the Breville® brand name.
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, brooms,
brushes, buckets, children’s card games, clothespins, collectible tins, condoms, cord, rope and twine, dusters, dust pans, feeding
bottles, fencing, fire extinguishing products, firelogs and firestarters, home canning jars and accessories, kitchen matches, mops,
other craft items, pacifiers, plastic cutlery, playing cards and accessories, rubber gloves and related cleaning products, safes,
security cameras, security doors, smoke and carbon monoxide alarms, soothers, sponges, storage organizers and workshop
accessories, teats, toothpicks, window guards and other accessories. This segment markets our products under the Aviator®, Ball®,
Bee®, Bernardin®, Bicycle®, Billy Boy®, BRK®, Crawford®, Diamond®, Dicon®, Fiona®, First Alert®, First Essentials®, Hoyle®,
Java-Log®, KEM®, Kerr®, Lehigh®, Lillo®, Loew-Cornell®, Mapa®, NUK®, Pine Mountain®, Quickie Green Cleaning®, Quickie
Home-Pro®, Quickie Microban®, Quickie Original®, Quickie Professional®, Spontex®, Tigex® and Wellington® brand names,
among others.
Management’s Discussion and Analysis
Jarden Corporation Annual Report 2012