Sunbeam 2013 Annual Report Download - page 73

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Jarden Corporation Annual Report 2013 69
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, 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®, 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
components of consumer products. This segment’s materials business produces specialty nylon polymers, conductive bers and
monolament used in various products, including woven mats used by paper producers and weed trimmer cutting line, as well as
berglass 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 is 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 nishes 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.
Segment information as of and for the years ended December31, 2013, 2012 and 2011 is as follows:
  2013
(In millions)
Outdoor
Solutions
Consumer
Solutions
Branded
Consumables
Process
Solutions
Intercompany
Eliminations
Total
Operating
Segments
Corporate/
Unallocated Consolidated
Net sales $2,724.4 $2,040.0 $2,266.6 $403.6 $(78.7) $7,355.9 $ $7,355.9
               
Segment earnings (loss)   298.4   307.2   411.1   51.7   1,068.4   (132.4)  936.0
Adjustments to reconcile to reported
operating earnings (loss):                
Fair value adjustment to inventory (7.4)     (82.4)       (89.8)     (89.8)
Reorganization costs (11.7)   (3.3)   (7.0)       (22.0)     (22.0)
Acquisition-related and other costs(a) (25.9)   (1.4)   (7.4)       (34.7)   17.1   (17.6)
Venezuela devaluation-related charges               (29.0)   (29.0)
Other (b)             (38.8)   (38.8)
Depreciation and amortization (57.3)   (32.5)  (60.8)   (11.3)     (161.9)  (4.0)  (165.9)
               
Operating earnings (loss) $196.1 $270.0 $253.5 $40.4 $ $760.0 $(187.1)$572.9
               
Other segment data:                
Total assets $2,892.7 $2,055.6 $4,131.6 $183.0 $ $9,262.9 $833.2 $10,096.1
Capital expenditures 87.2   39.0   39.0   8.4     173.6   37.4   211.0
 
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2013 (Dollars in millions, except per share data and unless otherwise indicated)