Jarden  Corp. reported revenues at its Outdoor Solutions segment, which owns Coleman, K2, Marmot and 24 other sporting goods brands,  increased $8.5 million, or 1.3 percent to $679.1 million in the third quarter ended Sept. 30 from a the year earlier quarter.

Segment earnings declined by $2 million, or 2.2 percent, to 12.9 percent of revenues, compared with 13.4 percent of revenue a year earlier. Segment operating earnings and margins were essentially flat at $66.4 million, or 9.8 percent.

Jarden Outdoor Solutions owns one of the largest portfolios of sporting goods brands in the world, including: Abu Garcia, AeroBed, Berkley, Campingaz and Coleman, ExOfficio, Fenwick, Greys, Gulp!, Hardy, Invicta, K2, Madshus, Marker, Marmot, Mitchell, PENN, Rawlings, Ride, Sevylor, Shakespeare, Stearns, Stren, Trilene, Volkl, Worth and Zoot.

JARDEN CORPORATION


NET SALES AND OPERATING EARNINGS BY SEGMENT (Unaudited)


(in millions)

 























 Branded Consumables 

 Consumer Solutions 

 Outdoor Solutions 

 Process Solutions 

 Intercompany Elimination (a) 

 Total Operating Segments 

 Corporate/
Unallocated 

 Consolidated 

Three months ended September 30, 2014 














 Net sales 

$    768.0

$    612.4

$    679.1

$    104.9

$     (22.2)

$  2,142.2

$            –

$     2,142.2



















Segment earnings (loss) 

$    135.1

$      98.1

$      87.7

$      11.8

$            –

$     332.7

$     (24.3)

$        308.4



















Adjustments to reconcile to reported  














                  operating earnings (loss): 














     Fair market value adjustment to inventory 

(1.5)

(10.8)

–

–

–

(12.3)

–

(12.3)

     Restructuring costs, net 

–

(0.5)

–

–

–

(0.5)

–

(0.5)

     Acquisition-related and other costs 

(2.7)

(0.1)

(7.1)

–

–

(9.9)

(4.2)

(14.1)

     Foreign exchange-related charges (b) 

–

–

–

–

–

–

(3.3)

(3.3)

     Depreciation and amortization 

(21.9)

(8.0)

(14.2)

(2.7)

–

(46.8)

(1.3)

(48.1)
















               Operating earnings (loss) 

$    109.0

$      78.7

$      66.4

$        9.1

$            –

$     263.2

$     (33.1)

$        230.1

































 Branded Consumables 

 Consumer Solutions 

 Outdoor Solutions 

 Process Solutions 

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