Guarantor/Non-Guarantor Financial Information (Details) (USD $) | 3 Months Ended | |
In Millions, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 |
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' |
Ownership percentage by parent (in hundredths) | 100.00% | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' |
Net sales | $701.90 | $390.10 | ' |
Cost of sales | 432.4 | 201.7 | ' |
Gross profit | 269.5 | 188.4 | ' |
Selling and marketing expenses | 143 | 86.4 | ' |
General, administrative and other expenses | 70.3 | 58.7 | ' |
Equity in earnings of unconsolidated affiliates | -1.7 | -0.2 | ' |
Royalty income, net of royalty expense | -4.5 | -1 | ' |
Operating (loss) income | 62.4 | 44.5 | ' |
Other expense, net: | ' | ' | ' |
Interest expense, net | 22.2 | 27.9 | ' |
Other (income) expense, net | 1 | 1.5 | ' |
Total other expense | 23.2 | 29.4 | ' |
Income before income taxes | 39.2 | 15.1 | ' |
Tax (expense) benefit | -11.5 | -2.6 | ' |
Net income before non-controlling interest | 27.7 | 12.5 | ' |
Less: Net income attributable to non-controlling interest | 0.3 | 0 | ' |
Net (loss) income attributable to Tempur Sealy International, Inc. | 27.4 | 12.5 | ' |
Comprehensive income | 29.5 | 1.8 | ' |
Current Assets: | ' | ' | ' |
Cash and cash equivalents | 79.7 | 91.5 | ' |
Accounts receivable, net | 368.4 | ' | 349.2 |
Inventories, net | 222.7 | ' | 199.2 |
Prepaid expenses and other current assets | 59.4 | ' | 53.7 |
Deferred income taxes | 43 | ' | 44.4 |
Total Current Assets | 773.2 | ' | 727.5 |
Property, plant and equipment, net | 402.4 | ' | 411.6 |
Goodwill | 764.4 | ' | 759.6 |
Other intangible assets, net | 743.7 | ' | 750.1 |
Deferred tax asset | 10.8 | ' | 10.9 |
Other non-current assets | 76.9 | ' | 70.2 |
Total Assets | 2,771.40 | ' | 2,729.90 |
Current Liabilities: | ' | ' | ' |
Accounts payable | 200.8 | ' | 191.2 |
Accrued expenses and other current liabilities | 195.4 | ' | 208.4 |
Deferred income taxes | 0.9 | ' | 0.8 |
Income taxes payable | 3.8 | ' | 1.5 |
Current portion of long-term debt | 45.6 | ' | 39.6 |
Total Current Liabilities | 446.5 | ' | 441.5 |
Long-term debt | 1,799.70 | ' | 1,796.90 |
Deferred income taxes | 279.9 | ' | 286.1 |
Other non-current liabilities | 82 | ' | 75.3 |
Total Liabilities | 2,608.10 | ' | 2,599.80 |
Total Stockholders' Equity | 151.5 | ' | 118.6 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholdersb Equity | 2,771.40 | ' | 2,729.90 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' |
Net cash (used in) provided by operating activities | -1.6 | 5.2 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' |
Purchases of property, plant and equipment | -7.8 | -5.6 | ' |
Acquisition of businesses, net of cash acquired | 0 | -1,265.50 | ' |
Other | -0.8 | 0.1 | ' |
Net cash used in investing activities | -8.6 | -1,271 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' |
Proceeds from 2012 Credit Agreement | 74.5 | 1,525 | ' |
Repayments of 2012 Credit Agreement | -66.5 | -24.1 | ' |
Proceeds from issuance of Senior Notes | 0 | 375 | ' |
Proceeds from 2011 Credit Agreement | 0 | 46.5 | ' |
Repayments of 2011 Credit Agreement | 0 | -696.5 | ' |
Payment of deferred financing costs | 0 | -51.5 | ' |
Proceeds from issuance of common stock | 1.7 | 4.2 | ' |
Excess tax benefit from stock based compensation | 0.9 | 2.5 | ' |
Treasury stock repurchased | -2.2 | 0 | ' |
Other | 0.1 | -0.3 | ' |
Net cash provided by (used in) financing activities | 8.5 | 1,180.80 | ' |
Net effect of exchange rate changes on cash and cash equivalents | 0.4 | -2.8 | ' |
Increase (decrease) in cash and cash equivalents | -1.3 | -87.8 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | 81 | 179.3 | ' |
CASH AND CASH EQUIVALENTS, end of period | 79.7 | 91.5 | ' |
Tempur-Sealy International, Inc. (Ultimate Parent) [Member] | ' | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' |
Net sales | 0 | 0 | ' |
Cost of sales | 0 | 0 | ' |
Gross profit | 0 | 0 | ' |
Selling and marketing expenses | 0.5 | 0.7 | ' |
General, administrative and other expenses | 4.2 | 3.7 | ' |
Equity in earnings of unconsolidated affiliates | 0 | 0 | ' |
Royalty income, net of royalty expense | 0 | 0 | ' |
Operating (loss) income | -4.7 | -4.4 | ' |
Other expense, net: | ' | ' | ' |
Third party interest expense, net | 6.8 | 4.2 | ' |
Intercompany interest expense (income), net | 8 | 8.4 | ' |
Interest expense, net | 14.8 | 12.6 | ' |
Other (income) expense, net | 0 | 0 | ' |
Total other expense | 14.8 | 12.6 | ' |
Income from equity investees | 40.6 | 24.8 | ' |
Income before income taxes | 21.1 | 7.8 | ' |
Tax (expense) benefit | 6.6 | 4.7 | ' |
Net income before non-controlling interest | 27.7 | 12.5 | ' |
Less: Net income attributable to non-controlling interest | 0.3 | 0 | ' |
Net (loss) income attributable to Tempur Sealy International, Inc. | 27.4 | 12.5 | ' |
Comprehensive income | 29.2 | 1.8 | ' |
Current Assets: | ' | ' | ' |
Cash and cash equivalents | 0 | 0.1 | ' |
Accounts receivable, net | 0 | ' | 0 |
Inventories, net | 0 | ' | 0 |
Income taxes payable | 126.5 | ' | 118.4 |
Prepaid expenses and other current assets | 1.1 | ' | 0 |
Deferred income taxes | 9.4 | ' | 10 |
Total Current Assets | 137 | ' | 128.4 |
Property, plant and equipment, net | 0 | ' | 0 |
Goodwill | 0 | ' | 0 |
Other intangible assets, net | 0 | ' | 0 |
Deferred tax asset | 0 | ' | 0 |
Other non-current assets | 7.2 | ' | 7.6 |
Net investment in subsidiaries | 1,765 | ' | 756 |
Due from affiliates | 74.5 | ' | 1,299.90 |
Total Assets | 1,983.70 | ' | 2,191.90 |
Current Liabilities: | ' | ' | ' |
Accounts payable | 0 | ' | 0 |
Accrued expenses and other current liabilities | 7.8 | ' | 1.4 |
Deferred income taxes | 0 | ' | 0 |
Income taxes payable | 0 | ' | 0 |
Current portion of long-term debt | 0 | ' | 0 |
Total Current Liabilities | 7.8 | ' | 1.4 |
Long-term debt | 375 | ' | 375 |
Deferred income taxes | 0 | ' | 0 |
Other non-current liabilities | 0 | ' | 0 |
Due to affiliates | 1,437.60 | ' | 1,685.40 |
Total Liabilities | 1,820.40 | ' | 2,061.80 |
Redeemable non-controlling interest | 11.8 | ' | 11.5 |
Total Stockholders' Equity | 151.5 | ' | 118.6 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholdersb Equity | 1,983.70 | ' | 2,191.90 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' |
Net cash (used in) provided by operating activities | -10.5 | -17.9 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' |
Purchases of property, plant and equipment | 0 | 0 | ' |
Acquisition of businesses, net of cash acquired | 0 | 0 | ' |
Other | 0 | 0 | ' |
Net cash used in investing activities | 0 | 0 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' |
Proceeds from 2012 Credit Agreement | 0 | 0 | ' |
Repayments of 2012 Credit Agreement | 0 | 0 | ' |
Proceeds from issuance of Senior Notes | 0 | 375 | ' |
Proceeds from 2011 Credit Agreement | ' | 0 | ' |
Repayments of 2011 Credit Agreement | ' | 0 | ' |
Net activity in investment in and advances from (to) subsidiaries and affiliates | 10.1 | -801.6 | ' |
Payment of deferred financing costs | 0 | -8.1 | ' |
Proceeds from issuance of common stock | 1.7 | 4.2 | ' |
Excess tax benefit from stock based compensation | 0.9 | 2.5 | ' |
Treasury stock repurchased | -2.2 | 446 | ' |
Other | 0 | 0 | ' |
Net cash provided by (used in) financing activities | 10.5 | 18 | ' |
Net effect of exchange rate changes on cash and cash equivalents | 0 | 0 | ' |
Increase (decrease) in cash and cash equivalents | 0 | 0.1 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | 0 | 0 | ' |
CASH AND CASH EQUIVALENTS, end of period | 0 | 0.1 | ' |
Combined Guarantor Subsidiaries [Member] | ' | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' |
Net sales | 508.3 | 259.9 | ' |
Cost of sales | 340 | 150.7 | ' |
Gross profit | 168.3 | 109.2 | ' |
Selling and marketing expenses | 95.5 | 52.6 | ' |
General, administrative and other expenses | 48.8 | 40.3 | ' |
Equity in earnings of unconsolidated affiliates | 0 | 0 | ' |
Royalty income, net of royalty expense | -4.5 | -1 | ' |
Operating (loss) income | 28.5 | 17.3 | ' |
Other expense, net: | ' | ' | ' |
Third party interest expense, net | 15.1 | 23.4 | ' |
Intercompany interest expense (income), net | -8.6 | -8.4 | ' |
Interest expense, net | 6.5 | 15 | ' |
Other (income) expense, net | -0.2 | 0.4 | ' |
Total other expense | 6.3 | 15.4 | ' |
Income from equity investees | 28.2 | 23.1 | ' |
Income before income taxes | 50.4 | 25 | ' |
Tax (expense) benefit | -9.8 | -0.2 | ' |
Net income before non-controlling interest | 40.6 | 24.8 | ' |
Less: Net income attributable to non-controlling interest | 0.3 | 0 | ' |
Net (loss) income attributable to Tempur Sealy International, Inc. | 40.3 | 24.8 | ' |
Comprehensive income | 40.6 | 21.7 | ' |
Current Assets: | ' | ' | ' |
Cash and cash equivalents | 33 | 28.7 | ' |
Accounts receivable, net | 219.8 | ' | 192.6 |
Inventories, net | 168 | ' | 147.5 |
Income taxes payable | 0 | ' | 0 |
Prepaid expenses and other current assets | 27.5 | ' | 26.3 |
Deferred income taxes | 28.8 | ' | 29.3 |
Total Current Assets | 477.1 | ' | 426.6 |
Property, plant and equipment, net | 328.5 | ' | 335.9 |
Goodwill | 578.6 | ' | 577.2 |
Other intangible assets, net | 621.2 | ' | 624.6 |
Deferred tax asset | 0 | ' | 0 |
Other non-current assets | 51.7 | ' | 47 |
Net investment in subsidiaries | 0 | ' | 0 |
Due from affiliates | 2,036.30 | ' | 2,306.50 |
Total Assets | 4,093.40 | ' | 4,317.80 |
Current Liabilities: | ' | ' | ' |
Accounts payable | 155 | ' | 140.5 |
Accrued expenses and other current liabilities | 129.1 | ' | 144.2 |
Deferred income taxes | 0 | ' | 0 |
Income taxes payable | 126 | ' | 115.2 |
Current portion of long-term debt | 42.8 | ' | 36.6 |
Total Current Liabilities | 452.9 | ' | 436.5 |
Long-term debt | 1,424.70 | ' | 1,421.90 |
Deferred income taxes | 248.1 | ' | 252.8 |
Other non-current liabilities | 73.7 | ' | 69.1 |
Due to affiliates | 129.1 | ' | 1,381.50 |
Total Liabilities | 2,328.50 | ' | 3,561.80 |
Redeemable non-controlling interest | 11.8 | ' | 11.5 |
Total Stockholders' Equity | 1,753.10 | ' | 744.5 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholdersb Equity | 4,093.40 | ' | 4,317.80 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' |
Net cash (used in) provided by operating activities | -14.8 | 68.1 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' |
Purchases of property, plant and equipment | -5.5 | 34.3 | ' |
Acquisition of businesses, net of cash acquired | 0 | -1,265.50 | ' |
Other | 0.9 | 54.1 | ' |
Net cash used in investing activities | -4.6 | -1,177.10 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' |
Proceeds from 2012 Credit Agreement | 74.5 | 1,525 | ' |
Repayments of 2012 Credit Agreement | -66.5 | -24.1 | ' |
Proceeds from issuance of Senior Notes | 0 | 0 | ' |
Proceeds from 2011 Credit Agreement | ' | 46.5 | ' |
Repayments of 2011 Credit Agreement | ' | -696.5 | ' |
Net activity in investment in and advances from (to) subsidiaries and affiliates | 13.9 | 760.5 | ' |
Payment of deferred financing costs | 0 | -43.4 | ' |
Proceeds from issuance of common stock | 0 | 0 | ' |
Excess tax benefit from stock based compensation | 0 | 0 | ' |
Treasury stock repurchased | 0 | -446 | ' |
Other | -0.4 | -4.7 | ' |
Net cash provided by (used in) financing activities | 21.5 | 1,117.30 | ' |
Net effect of exchange rate changes on cash and cash equivalents | 0 | 1.2 | ' |
Increase (decrease) in cash and cash equivalents | 2.1 | 9.5 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | 30.9 | 19.2 | ' |
CASH AND CASH EQUIVALENTS, end of period | 33 | 28.7 | ' |
Combined Non-Guarantor Subsidiaries [Member] | ' | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' |
Net sales | 197.9 | 136.8 | ' |
Cost of sales | 96.7 | 57.6 | ' |
Gross profit | 101.2 | 79.2 | ' |
Selling and marketing expenses | 47 | 33.1 | ' |
General, administrative and other expenses | 17.3 | 14.7 | ' |
Equity in earnings of unconsolidated affiliates | -1.7 | -0.2 | ' |
Royalty income, net of royalty expense | 0 | 0 | ' |
Operating (loss) income | 38.6 | 31.6 | ' |
Other expense, net: | ' | ' | ' |
Third party interest expense, net | 0.3 | 0.3 | ' |
Intercompany interest expense (income), net | 0.6 | 0 | ' |
Interest expense, net | 0.9 | 0.3 | ' |
Other (income) expense, net | 1.2 | 1.1 | ' |
Total other expense | 2.1 | 1.4 | ' |
Income from equity investees | 0 | 0 | ' |
Income before income taxes | 36.5 | 30.2 | ' |
Tax (expense) benefit | -8.3 | -7.1 | ' |
Net income before non-controlling interest | 28.2 | 23.1 | ' |
Less: Net income attributable to non-controlling interest | 0 | 0 | ' |
Net (loss) income attributable to Tempur Sealy International, Inc. | 28.2 | 23.1 | ' |
Comprehensive income | 29.8 | 15.5 | ' |
Current Assets: | ' | ' | ' |
Cash and cash equivalents | 46.7 | 62.7 | ' |
Accounts receivable, net | 148.6 | ' | 156.6 |
Inventories, net | 54.7 | ' | 51.7 |
Income taxes payable | 0 | ' | 0 |
Prepaid expenses and other current assets | 30.8 | ' | 27.4 |
Deferred income taxes | 4.8 | ' | 5.1 |
Total Current Assets | 285.6 | ' | 290.9 |
Property, plant and equipment, net | 73.9 | ' | 75.7 |
Goodwill | 185.8 | ' | 182.4 |
Other intangible assets, net | 122.5 | ' | 125.5 |
Deferred tax asset | 10.8 | ' | 10.9 |
Other non-current assets | 18 | ' | 15.6 |
Net investment in subsidiaries | 0 | ' | 0 |
Due from affiliates | 1.4 | ' | 0.9 |
Total Assets | 698 | ' | 701.9 |
Current Liabilities: | ' | ' | ' |
Accounts payable | 45.8 | ' | 50.7 |
Accrued expenses and other current liabilities | 58.5 | ' | 62.8 |
Deferred income taxes | 0.9 | ' | 0.8 |
Income taxes payable | 4.3 | ' | 4.7 |
Current portion of long-term debt | 2.8 | ' | 3 |
Total Current Liabilities | 112.3 | ' | 122 |
Long-term debt | 0 | ' | 0 |
Deferred income taxes | 31.8 | ' | 33.3 |
Other non-current liabilities | 8.3 | ' | 6.2 |
Due to affiliates | 916.9 | ' | 940.5 |
Total Liabilities | 1,069.30 | ' | 1,102 |
Redeemable non-controlling interest | 0 | ' | 0 |
Total Stockholders' Equity | -371.3 | ' | -400.1 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholdersb Equity | 698 | ' | 701.9 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' |
Net cash (used in) provided by operating activities | 23.7 | -45 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' |
Purchases of property, plant and equipment | -2.3 | -39.9 | ' |
Acquisition of businesses, net of cash acquired | 0 | 0 | ' |
Other | -1.7 | -54 | ' |
Net cash used in investing activities | -4 | -93.9 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' |
Proceeds from 2012 Credit Agreement | 0 | 0 | ' |
Repayments of 2012 Credit Agreement | 0 | 0 | ' |
Proceeds from issuance of Senior Notes | 0 | 0 | ' |
Proceeds from 2011 Credit Agreement | ' | 0 | ' |
Repayments of 2011 Credit Agreement | ' | 0 | ' |
Net activity in investment in and advances from (to) subsidiaries and affiliates | -24 | 41.1 | ' |
Payment of deferred financing costs | 0 | 0 | ' |
Proceeds from issuance of common stock | 0 | 0 | ' |
Excess tax benefit from stock based compensation | 0 | 0 | ' |
Treasury stock repurchased | 0 | 0 | ' |
Other | 0.5 | 4.4 | ' |
Net cash provided by (used in) financing activities | -23.5 | 45.5 | ' |
Net effect of exchange rate changes on cash and cash equivalents | 0.4 | -4 | ' |
Increase (decrease) in cash and cash equivalents | -3.4 | -97.4 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | 50.1 | 160.1 | ' |
CASH AND CASH EQUIVALENTS, end of period | 46.7 | 62.7 | ' |
Eliminations [Member] | ' | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' |
Net sales | -4.3 | -6.6 | ' |
Cost of sales | -4.3 | -6.6 | ' |
Gross profit | 0 | 0 | ' |
Selling and marketing expenses | 0 | 0 | ' |
General, administrative and other expenses | 0 | 0 | ' |
Equity in earnings of unconsolidated affiliates | 0 | 0 | ' |
Royalty income, net of royalty expense | 0 | 0 | ' |
Operating (loss) income | 0 | 0 | ' |
Other expense, net: | ' | ' | ' |
Third party interest expense, net | 0 | 0 | ' |
Intercompany interest expense (income), net | 0 | 0 | ' |
Interest expense, net | 0 | 0 | ' |
Other (income) expense, net | 0 | 0 | ' |
Total other expense | 0 | 0 | ' |
Income from equity investees | -68.8 | -47.9 | ' |
Income before income taxes | -68.8 | -47.9 | ' |
Tax (expense) benefit | 0 | 0 | ' |
Net income before non-controlling interest | -68.8 | -47.9 | ' |
Less: Net income attributable to non-controlling interest | -0.3 | 0 | ' |
Net (loss) income attributable to Tempur Sealy International, Inc. | -68.5 | -47.9 | ' |
Comprehensive income | -70.4 | -37.2 | ' |
Current Assets: | ' | ' | ' |
Cash and cash equivalents | 0 | 0 | ' |
Accounts receivable, net | 0 | ' | 0 |
Inventories, net | 0 | ' | 0 |
Income taxes payable | -126.5 | ' | -118.4 |
Prepaid expenses and other current assets | 0 | ' | 0 |
Deferred income taxes | 0 | ' | 0 |
Total Current Assets | -126.5 | ' | -118.4 |
Property, plant and equipment, net | 0 | ' | 0 |
Goodwill | 0 | ' | 0 |
Other intangible assets, net | 0 | ' | 0 |
Deferred tax asset | 0 | ' | 0 |
Other non-current assets | 0 | ' | 0 |
Net investment in subsidiaries | -1,765 | ' | -756 |
Due from affiliates | -2,112.20 | ' | -3,607.30 |
Total Assets | -4,003.70 | ' | -4,481.70 |
Current Liabilities: | ' | ' | ' |
Accounts payable | 0 | ' | 0 |
Accrued expenses and other current liabilities | 0 | ' | 0 |
Deferred income taxes | 0 | ' | 0 |
Income taxes payable | -126.5 | ' | -118.4 |
Current portion of long-term debt | 0 | ' | 0 |
Total Current Liabilities | -126.5 | ' | -118.4 |
Long-term debt | 0 | ' | 0 |
Deferred income taxes | 0 | ' | 0 |
Other non-current liabilities | 0 | ' | 0 |
Due to affiliates | -2,483.60 | ' | -4,007.40 |
Total Liabilities | -2,610.10 | ' | -4,125.80 |
Redeemable non-controlling interest | -11.8 | ' | -11.5 |
Total Stockholders' Equity | -1,381.80 | ' | -344.4 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholdersb Equity | -4,003.70 | ' | -4,481.70 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' |
Net cash (used in) provided by operating activities | 0 | 0 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' |
Purchases of property, plant and equipment | 0 | 0 | ' |
Acquisition of businesses, net of cash acquired | 0 | 0 | ' |
Other | 0 | 0 | ' |
Net cash used in investing activities | 0 | 0 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' |
Proceeds from 2012 Credit Agreement | 0 | 0 | ' |
Repayments of 2012 Credit Agreement | 0 | 0 | ' |
Proceeds from issuance of Senior Notes | 0 | 0 | ' |
Proceeds from 2011 Credit Agreement | ' | 0 | ' |
Repayments of 2011 Credit Agreement | ' | 0 | ' |
Net activity in investment in and advances from (to) subsidiaries and affiliates | 0 | 0 | ' |
Payment of deferred financing costs | 0 | 0 | ' |
Proceeds from issuance of common stock | 0 | 0 | ' |
Excess tax benefit from stock based compensation | 0 | 0 | ' |
Treasury stock repurchased | 0 | 0 | ' |
Other | 0 | 0 | ' |
Net cash provided by (used in) financing activities | 0 | 0 | ' |
Net effect of exchange rate changes on cash and cash equivalents | 0 | 0 | ' |
Increase (decrease) in cash and cash equivalents | 0 | 0 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | 0 | 0 | ' |
CASH AND CASH EQUIVALENTS, end of period | 0 | 0 | ' |
Consolidated [Member] | ' | ' | ' |
Supplemental condensed consolidated statements of comprehensive income [Abstract] | ' | ' | ' |
Net sales | 701.9 | 390.1 | ' |
Cost of sales | 432.4 | 201.7 | ' |
Gross profit | 269.5 | 188.4 | ' |
Selling and marketing expenses | 143 | 86.4 | ' |
General, administrative and other expenses | 70.3 | 58.7 | ' |
Equity in earnings of unconsolidated affiliates | -1.7 | -0.2 | ' |
Royalty income, net of royalty expense | -4.5 | -1 | ' |
Operating (loss) income | 62.4 | 44.5 | ' |
Other expense, net: | ' | ' | ' |
Third party interest expense, net | 22.2 | 27.9 | ' |
Intercompany interest expense (income), net | 0 | 0 | ' |
Interest expense, net | 22.2 | 27.9 | ' |
Other (income) expense, net | 1 | 1.5 | ' |
Total other expense | 23.2 | 29.4 | ' |
Income from equity investees | 0 | 0 | ' |
Income before income taxes | 39.2 | 15.1 | ' |
Tax (expense) benefit | -11.5 | -2.6 | ' |
Net income before non-controlling interest | 27.7 | 12.5 | ' |
Less: Net income attributable to non-controlling interest | 0.3 | 0 | ' |
Net (loss) income attributable to Tempur Sealy International, Inc. | 27.4 | 12.5 | ' |
Comprehensive income | 29.2 | 1.8 | ' |
Current Assets: | ' | ' | ' |
Cash and cash equivalents | 79.7 | 91.5 | ' |
Accounts receivable, net | 368.4 | ' | 349.2 |
Inventories, net | 222.7 | ' | 199.2 |
Income taxes payable | 0 | ' | 0 |
Prepaid expenses and other current assets | 59.4 | ' | 53.7 |
Deferred income taxes | 43 | ' | 44.4 |
Total Current Assets | 773.2 | ' | 727.5 |
Property, plant and equipment, net | 402.4 | ' | 411.6 |
Goodwill | 764.4 | ' | 759.6 |
Other intangible assets, net | 743.7 | ' | 750.1 |
Deferred tax asset | 10.8 | ' | 10.9 |
Other non-current assets | 76.9 | ' | 70.2 |
Net investment in subsidiaries | 0 | ' | 0 |
Due from affiliates | 0 | ' | 0 |
Total Assets | 2,771.40 | ' | 2,729.90 |
Current Liabilities: | ' | ' | ' |
Accounts payable | 200.8 | ' | 191.2 |
Accrued expenses and other current liabilities | 195.4 | ' | 208.4 |
Deferred income taxes | 0.9 | ' | 0.8 |
Income taxes payable | 3.8 | ' | 1.5 |
Current portion of long-term debt | 45.6 | ' | 39.6 |
Total Current Liabilities | 446.5 | ' | 441.5 |
Long-term debt | 1,799.70 | ' | 1,796.90 |
Deferred income taxes | 279.9 | ' | 286.1 |
Other non-current liabilities | 82 | ' | 75.3 |
Due to affiliates | 0 | ' | 0 |
Total Liabilities | 2,608.10 | ' | 2,599.80 |
Redeemable non-controlling interest | 11.8 | ' | 11.5 |
Total Stockholders' Equity | 151.5 | ' | 118.6 |
Total Liabilities, Redeemable Non-Controlling Interest and Stockholdersb Equity | 2,771.40 | ' | 2,729.90 |
Supplemental condensed consolidated statements of cash flows [Abstract] | ' | ' | ' |
Net cash (used in) provided by operating activities | -1.6 | 5.2 | ' |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | ' | ' |
Purchases of property, plant and equipment | -7.8 | -5.6 | ' |
Acquisition of businesses, net of cash acquired | 0 | -1,265.50 | ' |
Other | -0.8 | 0.1 | ' |
Net cash used in investing activities | -8.6 | -1,271 | ' |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | ' | ' |
Proceeds from 2012 Credit Agreement | 74.5 | 1,525 | ' |
Repayments of 2012 Credit Agreement | -66.5 | -24.1 | ' |
Proceeds from issuance of Senior Notes | 0 | 375 | ' |
Proceeds from 2011 Credit Agreement | ' | 46.5 | ' |
Repayments of 2011 Credit Agreement | ' | -696.5 | ' |
Net activity in investment in and advances from (to) subsidiaries and affiliates | 0 | 0 | ' |
Payment of deferred financing costs | 0 | -51.5 | ' |
Proceeds from issuance of common stock | 1.7 | 4.2 | ' |
Excess tax benefit from stock based compensation | 0.9 | 2.5 | ' |
Treasury stock repurchased | -2.2 | 0 | ' |
Other | 0.1 | -0.3 | ' |
Net cash provided by (used in) financing activities | 8.5 | 1,180.80 | ' |
Net effect of exchange rate changes on cash and cash equivalents | 0.4 | -2.8 | ' |
Increase (decrease) in cash and cash equivalents | -1.3 | -87.8 | ' |
CASH AND CASH EQUIVALENTS, beginning of period | 81 | 179.3 | ' |
CASH AND CASH EQUIVALENTS, end of period | $79.70 | $91.50 | ' |