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Jarden Corporation Annual Report 2013 15
Management’s Discussion and Analysis of Financial Condition and Results of Operations
The following discussion of nancial 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 nancial statements and notes to those statements
included in this Annual Report. Unless otherwise indicated, references in the following discussion to 2013, 2012 and 2011 are to Jarden’s
scal years ended December31, 2013, 2012 and 2011, 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 majority of the Company’s sales are 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 condence.
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 ashlights, propane fuel, sleeping bags, tents and water recreation products such as inatable boats, kayaks and
tow-behinds. The Outdoor Solutions segment is also a leading provider of shing equipment under brand names such as Abu Garcia®,
All Star®, Berkley®, Fenwick®, Gulp!®, JRC™, Mitchell®, PENN®, Pueger®, Sebile®, Sevenstrand®, Shakespeare®, Spiderwire®,
Stren®, Trilene®, Ugly Stik® and Xtools®. Team sports equipment for baseball, softball, football, basketball 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 otation 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 Ofcio®,
K2®, Marker®, Marmot®, Planet Earth®, Ride®, Völkl® and Zoot®, and premium air beds under the AeroBed® brand. The Outdoor
Solutions Segment also sells a variety of products sold internationally under brand names such as brands such as Campingaz®, Esky®,
Greys®, Hardy® 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®
and Villaware®. The principal products in this segment include: household kitchen appliances, such as blenders, coffeemakers, irons,
mixers, slow cookers, tea kettles, toasters, toaster ovens and vacuum packaging machines; home environmental products, such as air
puriers, fans, heaters and humidiers; clippers, trimmers and other hair care products for professional use in the beauty and barber
and animal categories; electric blankets, mattress pads and throws; products for the hospitality industry; and scales for consumer use.
The Consumer Solutions segment also has rights to sell various small appliance products, primarily 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, air fresheners,
brooms, brushes, buckets, candles, children’s card games, clothespins, collectible tins, condoms, cord, rope and twine, dusters,
dust pans, feeding bottles, fencing, re extinguishing products, relogs and restarters, foam coolers, fresh preserving jars and
accessories, home décor accessories, home fragrance products, kitchen matches, mops, other craft items, paciers, plastic cutlery,
playing cards and accessories, rubber gloves and related cleaning products, safes, premium scented candles and accessories, security
cameras, security doors, smoke and carbon monoxide alarms, soothers, sponges, storage organizers and workshop accessories, teats,
toothpicks, travel sprays, 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®, Lifoam®, Lillo®, Loew-Cornell®, Mapa®, NUK®, Pine Mountain®, ProPak®, Quickie Green Cleaning®,
Quickie Home-Pro®, Quickie Microban®, Quickie Original®, Quickie Professional®, Spontex®, Tigex®, Wellington® and
Yankee Candle® brand names, among others.
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
Management’s Discussion and Analysis
Jarden Corporation Annual Report 2013