GUARANTOR FINANCIAL INFORMATION Guarantor Financial Information -Cash Flows (Details) (USD $) | 6 Months Ended | |
In Millions, unless otherwise specified | Jun. 30, 2014 | Jun. 30, 2013 | Dec. 31, 2013 |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | | ' | ' | |
Net cash (used in) provided by operating activities | ($6.40) | | $11.30 | ' | |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | | ' | ' | |
Capital expenditures | -13.3 | | -12.1 | ' | |
Proceeds from the sale of certain assets | 0.2 | | 0.4 | ' | |
Net cash used in investing activities | -13.1 | | -11.7 | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Net increase in short-term borrowings and overdraft | 7.4 | | 2.5 | ' | |
Payments of Financing Costs | -1.8 | | -28.7 | ' | |
Other financing activities | -1.4 | | -1.1 | ' | |
Net cash (used in) provided by financing activities | -57.7 | | 29.7 | ' | |
Effect of exchange rate changes on cash and cash equivalents | -9.2 | | -4.3 | ' | |
Net (decrease) increase in cash and cash equivalents | -86.4 | | 25 | ' | |
Cash and cash equivalents at beginning of period | 244.1 | [1] | 116.3 | ' | |
Cash and cash equivalents at end of period | 157.7 | | 141.3 | ' | |
Products Corporation [Member] | ' | | ' | ' | |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | | ' | ' | |
Net cash (used in) provided by operating activities | -22.8 | | 7.3 | ' | |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | | ' | ' | |
Capital expenditures | -9.2 | | -10.4 | ' | |
Proceeds from the sale of certain assets | 0 | | 0.3 | ' | |
Net cash used in investing activities | -9.2 | | -10.1 | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Net increase in short-term borrowings and overdraft | 2.4 | | 2 | ' | |
Payments of Financing Costs | -1.8 | | -28.7 | ' | |
Other financing activities | -1.2 | | -0.9 | ' | |
Net cash (used in) provided by financing activities | -62.5 | | 29.4 | ' | |
Effect of exchange rate changes on cash and cash equivalents | 0 | | 0 | ' | |
Net (decrease) increase in cash and cash equivalents | -94.5 | | 26.6 | ' | |
Cash and cash equivalents at beginning of period | 141.3 | | 59.1 | ' | |
Cash and cash equivalents at beginning of period | ' | | ' | 141.3 | |
Cash and cash equivalents at end of period | 46.8 | | 85.7 | ' | |
Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | | ' | ' | |
Net cash (used in) provided by operating activities | 27.7 | | 0.8 | ' | |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | | ' | ' | |
Capital expenditures | -0.2 | | -0.5 | ' | |
Proceeds from the sale of certain assets | 0 | | 0 | ' | |
Net cash used in investing activities | -0.2 | | -0.5 | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Net increase in short-term borrowings and overdraft | 1.3 | | -0.3 | ' | |
Payments of Financing Costs | 0 | | 0 | ' | |
Other financing activities | 0 | | 0 | ' | |
Net cash (used in) provided by financing activities | 1.3 | | -0.3 | ' | |
Effect of exchange rate changes on cash and cash equivalents | 0 | | 0 | ' | |
Net (decrease) increase in cash and cash equivalents | 28.8 | | 0 | ' | |
Cash and cash equivalents at beginning of period | 0.8 | | 0 | ' | |
Cash and cash equivalents at beginning of period | ' | | ' | 14.5 | [2] |
Cash and cash equivalents at end of period | 43.3 | | 0 | ' | |
Non-Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | | ' | ' | |
Net cash (used in) provided by operating activities | -11.3 | | 3.2 | ' | |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | | ' | ' | |
Capital expenditures | -3.9 | | -1.2 | ' | |
Proceeds from the sale of certain assets | 0.2 | | 0.1 | ' | |
Net cash used in investing activities | -3.7 | | -1.1 | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Net increase in short-term borrowings and overdraft | 3.7 | | 0.8 | ' | |
Payments of Financing Costs | 0 | | 0 | ' | |
Other financing activities | -0.2 | | -0.2 | ' | |
Net cash (used in) provided by financing activities | 3.5 | | 0.6 | ' | |
Effect of exchange rate changes on cash and cash equivalents | -9.2 | | -4.3 | ' | |
Net (decrease) increase in cash and cash equivalents | -20.7 | | -1.6 | ' | |
Cash and cash equivalents at beginning of period | 102 | | 57.2 | ' | |
Cash and cash equivalents at beginning of period | ' | | ' | 88.3 | [2] |
Cash and cash equivalents at end of period | 67.6 | | 55.6 | ' | |
Eliminations | ' | | ' | ' | |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | | ' | ' | |
Net cash (used in) provided by operating activities | 0 | | 0 | ' | |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | | ' | ' | |
Capital expenditures | 0 | | 0 | ' | |
Proceeds from the sale of certain assets | 0 | | 0 | ' | |
Net cash used in investing activities | 0 | | 0 | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Net increase in short-term borrowings and overdraft | 0 | | 0 | ' | |
Payments of Financing Costs | 0 | | 0 | ' | |
Other financing activities | 0 | | 0 | ' | |
Net cash (used in) provided by financing activities | 0 | | 0 | ' | |
Effect of exchange rate changes on cash and cash equivalents | 0 | | 0 | ' | |
Net (decrease) increase in cash and cash equivalents | 0 | | 0 | ' | |
Cash and cash equivalents at beginning of period | 0 | | 0 | ' | |
Cash and cash equivalents at beginning of period | ' | | ' | 0 | |
Cash and cash equivalents at end of period | 0 | | 0 | ' | |
Consolidated | ' | | ' | ' | |
CASH FLOWS FROM OPERATING ACTIVITIES | ' | | ' | ' | |
Net cash (used in) provided by operating activities | -6.4 | | 11.3 | ' | |
CASH FLOWS FROM INVESTING ACTIVITIES: | ' | | ' | ' | |
Capital expenditures | -13.3 | | -12.1 | ' | |
Proceeds from the sale of certain assets | 0.2 | | 0.4 | ' | |
Net cash used in investing activities | -13.1 | | -11.7 | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Net increase in short-term borrowings and overdraft | 7.4 | | 2.5 | ' | |
Repayments of long term debt | -58.4 | | ' | ' | |
Payments of Financing Costs | -1.8 | | -28.7 | ' | |
Other financing activities | -1.4 | | -1.1 | ' | |
Net cash (used in) provided by financing activities | -57.7 | | 29.7 | ' | |
Effect of exchange rate changes on cash and cash equivalents | -9.2 | | -4.3 | ' | |
Net (decrease) increase in cash and cash equivalents | -86.4 | | 25 | ' | |
Cash and cash equivalents at beginning of period | 244.1 | | 116.3 | ' | |
Cash and cash equivalents at beginning of period | ' | | ' | 244.1 | |
Cash and cash equivalents at end of period | 157.7 | | 141.3 | ' | |
Senior Subordinated Term Loan Due 2014 | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | -58.4 | | 0 | ' | |
Senior Subordinated Term Loan Due 2014 | Products Corporation [Member] | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | -58.4 | | ' | ' | |
Senior Subordinated Term Loan Due 2014 | Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | 0 | | ' | ' | |
Senior Subordinated Term Loan Due 2014 | Non-Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | 0 | | ' | ' | |
Senior Subordinated Term Loan Due 2014 | Eliminations | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | 0 | | ' | ' | |
Acquisition Term Loan | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | -3.5 | | 0 | ' | |
Acquisition Term Loan | Products Corporation [Member] | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | -3.5 | | ' | ' | |
Acquisition Term Loan | Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | 0 | | ' | ' | |
Acquisition Term Loan | Non-Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | 0 | | ' | ' | |
Acquisition Term Loan | Eliminations | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | 0 | | ' | ' | |
Acquisition Term Loan | Consolidated | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | -3.5 | | ' | ' | |
5 3/4% Senior Notes Due 2021 | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Proceeds from Issuance of Long-term Debt | 0 | | 500 | ' | |
Stated interest rate (percent) | 5.75% | | ' | ' | |
5 3/4% Senior Notes Due 2021 | Products Corporation [Member] | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Proceeds from Issuance of Long-term Debt | ' | | 500 | ' | |
5 3/4% Senior Notes Due 2021 | Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Proceeds from Issuance of Long-term Debt | ' | | 0 | ' | |
5 3/4% Senior Notes Due 2021 | Non-Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Proceeds from Issuance of Long-term Debt | ' | | 0 | ' | |
5 3/4% Senior Notes Due 2021 | Eliminations | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Proceeds from Issuance of Long-term Debt | ' | | 0 | ' | |
5 3/4% Senior Notes Due 2021 | Consolidated | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Proceeds from Issuance of Long-term Debt | ' | | 500 | ' | |
9 3/4% Senior Secured Notes Due 2015 | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | 0 | | -330 | ' | |
9 3/4% Senior Secured Notes Due 2015 | Products Corporation [Member] | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | ' | | -330 | ' | |
9 3/4% Senior Secured Notes Due 2015 | Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | ' | | 0 | ' | |
9 3/4% Senior Secured Notes Due 2015 | Non-Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | ' | | 0 | ' | |
9 3/4% Senior Secured Notes Due 2015 | Eliminations | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | ' | | 0 | ' | |
9 3/4% Senior Secured Notes Due 2015 | Consolidated | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | ' | | -330 | ' | |
2011 Term Loan | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | 0 | | -113 | ' | |
2011 Term Loan | Products Corporation [Member] | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | ' | | -113 | ' | |
2011 Term Loan | Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | ' | | 0 | ' | |
2011 Term Loan | Non-Guarantor Subsidiaries | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | ' | | 0 | ' | |
2011 Term Loan | Eliminations | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | ' | | 0 | ' | |
2011 Term Loan | Consolidated | ' | | ' | ' | |
CASH FLOWS FROM FINANCING ACTIVITIES: | ' | | ' | ' | |
Repayments of long term debt | ' | | ($113) | ' | |
|
[1] | During the six months ended June 30, 2014, the Company recorded Measurement Period Adjustments (as hereinafter defined) to certain net assets and intangible assets acquired in the Colomer Acquisition (as hereinafter defined) on October 9, 2013. Accordingly, the prior period has been retrospectively adjusted for such Measurement Period Adjustments. Refer to Note 2, "Business Combination" for additional details. |
[2] | In January 2014, Colomer's U.S. subsidiaries became additional guarantors under Products Corporation's Amended Credit Agreements and 5¾% Senior Notes. Accordingly, for cash flow presentation purposes, the cash and cash equivalents at the beginning of the period associated with Colomer's U.S. subsidiaries have been reported under Guarantor Subsidiaries. |