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14 Jarden Corporation Annual Report 2014
Selected Quarterly Financial Data (Unaudited)
(In millions, except per share amounts)
First
Quarter
Second
Quarter 
Third
Quarter
Fourth
Quarter(b) Total
2014       
Net sales $ 1,731.8$1,975.1 $2,142.2 $2,438.0 $8,287.1
Gross prot 514.4 602.0 673.3 843.2 2,632.9
Net income as reported 3.7 52.1 108.6 78.1 242.5
Basic earnings per share (a) 0.02 0.28 0.59 0.42 1.31
Diluted earnings (loss) per share (a) 0.02 0.28 0.58 0.41 1.28
2013           
Net sales $ 1,580.7$1,758.8 $1,800.8$2,215.6 $7,355.9
Gross prot 443.5 513.5 523.2  634.5 2,114.7
Net income (loss) as reported (4.4)76.4  94.9  37.0 203.9
Basic earnings (loss) per share (a) (0.03)0.47  0.57  0.20 1.20
Diluted earnings (loss) per share (a) (0.03)0.47  0.56  0.19 1.18
Selected Financial Data
Jarden Corporation Annual Report 2014
The results of Rexair Holdings, Inc., Yankee Candle Investments LLC, Mapa Spontex Baby Care and Home Care businesses, Aero
Products International, Inc. and Quickie Manufacturing Corporation are included from their dates of acquisition of August29,
2014,October3, 2013,April1, 2010,October1, 2010 and December17, 2010, respectively.
Restructuring costs include costs associated with exit or disposal activities, including costs of employee and lease terminations
and facility closings or other exit activities (see Note16 to the consolidated nancial statements).
In January 2012, the Company announced that the Company’s Board of Directors (the “Board”) had decided to suspend the
Company’s dividend program following the dividend paid on January31, 2012.
Working capital is dened as current assets less current liabilities. For 2014, 2013, 2012, 2011 and 2010, working capital excluding
cash was $1.1 billion, $916 million, $1.0 billion, $1.2 billion and $998 million, respectively.
(b)
(c)
(d)
(e)
Earnings per share calculations for each quarter are based on the weighted average number of shares outstanding for each
period, and the sum of the quarterly amounts may not necessarily equal the annual earnings per share amounts.
The results of operations for the fourth quarter of 2014 include $151 of foreign exchange-related charges related to the Company’s
Venezuela operations (see Note 1 to the consolidated nancial statements), non-cash impairment charges of $25.4 related to
the impairment intangible assets (see Note 6 to the consolidated nancial statements) and a gain of $38.7 on the sale of an
Asian manufacturing facility. The results of operations for the fourth quarter of 2013 includes a charge of $78.9 for the purchase
accounting adjustment for the elimination of manufacturer’s prot in inventory related to the YCC Acquisition, a gain of
approximately $28 on the sale of certain assets and $38.8 of stock-based compensation related to a grant of common stock to
certain executive ofcers (see Note 13 to the consolidated nancial statements).
(a)
(b)
• 2010 includes: $70.6 million of non-cash charges related to the Company’s Venezuela operations (see Note 1 to the consolidated
nancial statements); $42.3 million of acquisition-related and other charges, net, primarily related to 2010 acquisitions; purchase
accounting adjustments of $27.4 million for the purchase accounting adjustment charged to cost of sales for the elimination of
manufacturer’s prot in inventory related to acquisitions; and a $19.7 million non-cash charge related to the impairment of goodwill
and intangibles.