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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