Jarden Corp. reported a decline in sales in the second quarter at its Outdoor Solutions segment, which owns 21 sporting goods brands, including Coleman, ExOfficio, K2, Marmot, Zoot, Rawlings and Shakespeare. 


The segment generated sales of $741.1 million for the second quarter

ended June 30, down 6.1 percent from a year earlier. Segment earnings declined 6.9 percent and operating earnings declined 10.4 percent.

 







































































































































































































































JARDEN CORPORATION


NET SALES AND OPERATING EARNINGS BY SEGMENT (Unaudited)


(in millions)




Outdoor Solutions



Consumer Solutions



Branded Consumables



Process Solutions



Intercompany Eliminations (a)


Total Operating Segments



Corporate/


Unallocated




Consolidated


Three months ended June 30, 2013


























Net sales


$


741.1



$


442.5



$


488.3



$


107.2



$


(20.3)



$


1,758.8



$




$


1,758.8




























Segment earnings (loss)


$


88.8



$


61.7



$


77.9



$


16.7



$




$


245.1



$


(26.0)



$


219.1



Adjustments to reconcile to reported operating earnings(loss):


























Reorganization costs






(1.4)













(1.4)







(1.4)



Depreciation and amortization



(13.9)




(7.7)




(13.1)




(2.8)







(37.5)




(1.0)




(38.5)



Operating earnings (loss)


$


74.9



$


52.6



$


64.8



$


13.9



$




$


206.2



$


(27.0)



$


179.2

















































































































































































































Outdoor Solutions



Consumer Solutions



Branded Consumables



Process Solutions



Intercompany Eliminations (a)


Total Operating Segments



Corporate/


Unallocated




Consolidated


Three months ended June 30, 2012


























Net sales


$


747.3



$


403.0



$


439.1



$


103.3



$


(17.1)



$


1,675.6



$




$


1,675.6




























Segment earnings (loss)


$


95.7



$


53.4



$


68.6



$


14.4



$




$


232.1



$


(20.5)



$


211.6



Adjustments to reconcile to reported operating earnings(loss):


























Depreciation and amortization



(10.4)




(8.6)




(11.6)




(3.7)







(34.3)




(1.0)




(35.3)



Operating earnings (loss)


$


85.3



$


44.8



$


57.0



$


10.7



$




$


197.8



$


(21.5)



$


176.3




(a) Intersegment sales are recorded at cost plus an agreed-upon intercompany profit on intersegment sales.





























































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JARDEN CORPORATION


NET SALES AND OPERATING EARNINGS BY SEGMENT (Unaudited)


(in millions)




Outdoor Solutions



Consumer Solutions



Branded Consumables



Process Solutions



Intercompany Eliminations (a)


Total Operating Segments



Corporate/


Unallocated




Consolidated


Six months ended June 30, 2013


























Net sales


$


1,436.0



$


805.8



$


932.0