|
Net sales
|
|
|
|
|
|
|
|
|
|
3,106
|
3,677
|
4,931
|
4,921
|
|
Cost of sales
|
|
|
|
|
|
|
|
|
|
1,764
|
2,039
|
2,772
|
2,872
|
|
Gross profit
|
|
|
|
|
|
|
|
|
|
1,342
|
1,638
|
2,159
|
2,050
|
|
Selling and Marketing Expense
|
|
|
|
|
|
|
|
|
|
666
|
740
|
923
|
993
|
|
General, administrative and other expenses
|
|
|
|
|
|
|
|
|
|
315
|
383
|
354
|
398
|
|
Equity income in earnings of unconsolidated affiliates
|
|
|
|
|
|
|
|
|
|
16
|
16
|
31
|
21
|
|
Operating (loss) income
|
|
|
|
|
|
|
|
|
|
347
|
532
|
912
|
681
|
|
Interest Expense
|
|
|
|
|
|
|
|
|
|
86
|
77
|
66
|
103
|
|
Loss on extinguishment of debt
|
|
|
|
|
|
|
|
|
|
|
-5
|
-23
|
|
|
Other expense (income), net
|
|
|
|
|
|
|
|
|
|
5
|
2
|
1
|
-0
|
|
Total other expense, net
|
|
|
|
|
|
|
|
|
|
-81
|
-80
|
-88
|
-103
|
|
Income from continuing operations before income taxes
|
|
|
|
|
|
|
|
|
|
266
|
452
|
824
|
577
|
|
Income tax provision
|
|
|
|
|
|
|
|
|
|
75
|
103
|
198
|
119
|
|
Income from continuing operations
|
|
|
|
|
|
|
|
|
|
191
|
350
|
626
|
458
|
|
Loss from discontinued operations, net of tax
|
|
|
|
|
|
|
|
|
|
-1
|
|
-1
|
-0
|
|
Net income before non-controlling interest
|
|
|
|
|
|
|
|
|
|
189
|
350
|
625
|
458
|
|
Less: Net income attributable to non-controlling interest
|
|
|
|
|
|
|
|
|
|
-0
|
1
|
1
|
2
|
|
Net income attributable to Tempur Sealy International, Inc.
|
|
|
|
|
|
|
|
|
|
190
|
349
|
625
|
456
|
|
Income (Loss) from Continuing Operations, Per Basic Share
|
|
|
|
|
|
|
|
|
|
3.5
|
1.68
|
3.17
|
2.61
|
|
Loss per share for discontinued operations, basic (in dollars per share)
|
|
|
|
|
|
|
|
|
|
-0.02
|
|
|
|
|
Basic (in dollars per share)
|
|
|
|
|
|
|
|
|
|
3.48
|
1.68
|
3.17
|
2.61
|
|
Income (Loss) from Continuing Operations, Per Diluted Share
|
|
|
|
|
|
|
|
|
|
3.45
|
1.64
|
3.06
|
2.53
|
|
Loss per share for discontinued operations, diluted (in dollars per share)
|
|
|
|
|
|
|
|
|
|
-0.03
|
|
|
|
|
Diluted (in dollars per share)
|
|
|
|
|
|
|
|
|
|
3.42
|
1.64
|
3.06
|
2.53
|
|
Basic (in shares)
|
|
|
|
|
|
|
|
|
|
55
|
208
|
197
|
175
|
|
Diluted (in shares)
|
|
|
|
|
|
|
|
|
|
55
|
212
|
204
|
180
|