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46 Jarden Corporation Annual Report 2014
Notes to Consolidated Financial Statements
Jarden Corporation Annual Report 2014 (Dollars in millions, except per share data and unless otherwise indicated)
reported had the YCC Acquisition been completed as of January1, 2012 and should not be taken as indicative of the Company’s future
consolidated results of operations or nancial condition.
(In millions, except per share data) 2013 2012
Net sales $ 7,893.4 $7,540.3
Net income 274.4 276.3
Earnings per share:  
Basic $ 1.46 $1.37
Diluted $1.45 $1.37
The unaudited pro forma nancial information for 2013 and 2012 includes $4.4 for the amortization of purchased intangibles from
the YCC Acquisition based on the preliminary purchase price allocation. The unaudited pro forma nancial information for 2012 also
includes $82.6 of non-recurring charges related to the YCC Acquisition, which are comprised of charges for the fair market value
adjustment for manufacturer’s prot in inventory and other transaction costs.
Other
For 2014 and 2013 and 2012, cost of sales includes charges of $23.4, $89.8 and $6.0, respectively, for the purchase accounting
adjustment for the elimination of manufacturer’s prot in inventory related to acquisitions.
For 2014, 2013 and 2012, SG&A includes $7.2, $2.8 and $3.5, respectively, in transaction costs related to acquisitions.
4. Inventories
Inventories are stated at the lower-of-cost-or-market with cost being determined principally by the rst-in, rst-out method, and are
comprised of the following at December31, 2014 and 2013:
(In millions) 2014 2013
Raw materials and supplies $ 250.0 $227.6
Work-in-process 71.0 79.6
Finished goods 1,183.7 1,104.7
Total $ 1,504.7 $1,411.9
5. Property, Plant and Equipment
Property, plant and equipment, net, is comprised of the following at December31, 2014 and 2013:
(In millions) 2014 2013
Land $ 62.5$62.7
Buildings 460.1 427.3
Machinery and equipment 1,311.4 1,229.8
Construction-in-progress 98.8 144.6
1,932.8 1,864.4
Less: Accumulated depreciation (1,082.9)(1,011.8)
Total $ 849.9$852.6
Depreciation of property, plant and equipment for 2014, 2013 and 2012 was $164, $144 and $135, respectively.