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Jarden Corporation Annual Report 2014 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 2014, 2013 and 2012 are to Jarden’s
scal years ended December31, 2014, 2013 and 2012, respectively.
Overview
The Company is a leading provider of a broad range of consumer products. The Company reports four business segments: Branded
Consumables, Consumer Solutions, Outdoor Solutions 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 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, 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
decor 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®, 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 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®, Cadence®, Crock-Pot®, FoodSaver®, Healthometer®, Holmes®, Mr. Coffee®, Oster®, Patton®, Rainbow®, 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, humidiers and vacuum cleaning systems; 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, in substantially all of Europe under the Breville® brand name.
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, 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®. Water sports equipment, personal otation devices and all-terrain vehicle gear are sold
under brand names such as Helium®, Hodgman®, MadDog 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 Campingaz®, Esky®, Greys®, Hardy® and Invicta®.
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
Management’s Discussion and Analysis
Jarden Corporation Annual Report 2014