Attached files
| file | filename |
|---|---|
| 8-K - 8-K - Euramax Holdings, Inc. | a8-kapril12015.htm |
Exhibit 99.1
Euramax Holdings, Inc.
Reclassified Operating Segment Data
Unaudited
(In thousands)
The reclassified operating segment data included herein reflect a change in the Company's operating structure. As previously disclosed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2014, filed with the SEC on March 26, 2015, the Company, beginning in 2014, has included net sales and the related cost of goods sold for certain commercial panels sold to customers in residential markets to its U.S. Commercial Products Segment results. Previously, these products were included in the U.S. Residential Products Segment. The Company's 2013 and 2012 results have been adjusted to reflect this change in reportable segments. This change in operating structure did not impact the other operating segments of the business. This information is provided solely for the convenience of the Company’s stakeholders, and should be read in conjunction with the 2014 Form 10-K. The changes in the segment structure discussed above affect only the manner in which the results for the operating segments were previously reported. These reclassifications have no impact on the Company’s previously reported consolidated statements of income, balance sheets, statements of cash flows and statements of shareholders’ equity. The information in this Current Report on Form 8-K, including Exhibit 99.1 hereto, should be read in conjunction with the Company’s 2014 Form 10-K.
Net sales - third party
Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | FY 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | FY 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | FY 2014 | ||||||||||||||||||||||||||||||||
U.S. Residential Products | $ | 56,692 | $ | 70,677 | $ | 70,795 | $ | 60,773 | $ | 258,937 | $ | 48,225 | $ | 80,612 | $ | 80,449 | $ | 57,197 | $ | 266,483 | $ | 45,943 | $ | 80,172 | $ | 86,097 | $ | 67,742 | $ | 279,954 | ||||||||||||||||
U.S. Commercial Products | 68,109 | 84,651 | 86,008 | 75,698 | 314,466 | 58,463 | 79,885 | 87,786 | 75,842 | 301,976 | 57,456 | 83,604 | 93,662 | 82,548 | 317,270 | |||||||||||||||||||||||||||||||
European Roll Coated Aluminum | 54,148 | 49,324 | 48,540 | 44,075 | 196,087 | 48,221 | 51,357 | 45,660 | 48,266 | 193,504 | 49,928 | 51,620 | 44,710 | 46,236 | 192,494 | |||||||||||||||||||||||||||||||
European Engineered Products | 19,734 | 19,140 | 13,830 | 14,946 | 67,650 | 17,636 | 18,007 | 13,940 | 15,126 | 64,709 | 16,577 | 17,594 | 15,473 | 15,383 | 65,027 | |||||||||||||||||||||||||||||||
Consolidated | $ | 198,683 | $ | 223,792 | $ | 219,173 | $ | 195,492 | $ | 837,140 | $ | 172,545 | $ | 229,861 | $ | 227,835 | $ | 196,431 | $ | 826,672 | $ | 169,904 | $ | 232,990 | $ | 239,942 | $ | 211,909 | $ | 854,745 | ||||||||||||||||
Net sales - intersegment
Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | FY 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | FY 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | FY 2014 | ||||||||||||||||||||||||||||||||
U.S. Residential Products | $ | 272 | $ | 311 | $ | 191 | $ | 177 | $ | 951 | $ | 135 | $ | 199 | $ | 188 | $ | 204 | $ | 726 | $ | 179 | $ | 217 | $ | 218 | $ | 231 | $ | 845 | ||||||||||||||||
U.S. Commercial Products | 90 | 39 | 33 | 357 | 519 | 144 | 154 | 58 | 79 | 435 | 28 | 32 | 40 | 26 | 126 | |||||||||||||||||||||||||||||||
European Roll Coated Aluminum | 158 | 107 | 176 | 78 | 519 | 62 | 43 | 87 | 25 | 217 | 209 | 87 | 176 | 114 | 586 | |||||||||||||||||||||||||||||||
European Engineered Products | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||||||||||||||||||||||||||
Eliminations | (520 | ) | (457 | ) | (400 | ) | (612 | ) | (1,989 | ) | (341 | ) | (396 | ) | (333 | ) | (308 | ) | (1,378 | ) | (416 | ) | (336 | ) | (434 | ) | (371 | ) | (1,557 | ) | ||||||||||||||||
Consolidated | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | $ | — | ||||||||||||||||
Exhibit 99.1
Net sales - total
Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | FY 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | FY 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | FY 2014 | ||||||||||||||||||||||||||||||||
U.S. Residential Products | $ | 56,964 | $ | 70,988 | $ | 70,986 | $ | 60,950 | $ | 259,888 | $ | 48,360 | $ | 80,811 | $ | 80,637 | $ | 57,401 | $ | 267,209 | $ | 46,122 | $ | 80,389 | $ | 86,315 | $ | 67,973 | $ | 280,799 | ||||||||||||||||
U.S. Commercial Products | 68,199 | 84,690 | 86,041 | 76,055 | 314,985 | 58,607 | 80,039 | 87,844 | 75,921 | 302,411 | 57,484 | 83,636 | 93,702 | 82,574 | 317,396 | |||||||||||||||||||||||||||||||
European Roll Coated Aluminum | 54,306 | 49,431 | 48,716 | 44,153 | 196,606 | 48,283 | 51,400 | 45,747 | 48,291 | 193,721 | 50,137 | 51,707 | 44,886 | 46,350 | 193,080 | |||||||||||||||||||||||||||||||
European Engineered Products | 19,734 | 19,140 | 13,830 | 14,946 | 67,650 | 17,636 | 18,007 | 13,940 | 15,126 | 64,709 | 16,577 | 17,594 | 15,473 | 15,383 | 65,027 | |||||||||||||||||||||||||||||||
Eliminations | (520 | ) | (457 | ) | (400 | ) | (612 | ) | (1,989 | ) | (341 | ) | (396 | ) | (333 | ) | (308 | ) | (1,378 | ) | (416 | ) | (336 | ) | (434 | ) | (371 | ) | (1,557 | ) | ||||||||||||||||
Consolidated | $ | 198,683 | $ | 223,792 | $ | 219,173 | $ | 195,492 | $ | 837,140 | $ | 172,545 | $ | 229,861 | $ | 227,835 | $ | 196,431 | $ | 826,672 | $ | 169,904 | $ | 232,990 | $ | 239,942 | $ | 211,909 | $ | 854,745 | ||||||||||||||||
Income (loss) from operations
Q1 2012 | Q2 2012 | Q3 2012 | Q4 2012 | FY 2012 | Q1 2013 | Q2 2013 | Q3 2013 | Q4 2013 | FY 2013 | Q1 2014 | Q2 2014 | Q3 2014 | Q4 2014 | FY 2014 | ||||||||||||||||||||||||||||||||
U.S. Residential Products | $ | 2,940 | $ | 6,481 | $ | 6,415 | $ | 3,483 | $ | 19,319 | $ | (718 | ) | $ | 9,124 | $ | 8,843 | $ | (486 | ) | $ | 16,763 | $ | (1,634 | ) | $ | 8,902 | $ | 8,962 | $ | 4,426 | $ | 20,656 | |||||||||||||
U.S. Commercial Products | (2,486 | ) | 2,514 | 2,767 | (1,024 | ) | 1,771 | (3,923 | ) | 1,012 | 2,689 | (3,020 | ) | (3,242 | ) | (4,680 | ) | 2,474 | 2,911 | (2,051 | ) | (1,346 | ) | |||||||||||||||||||||||
European Roll Coated Aluminum | 2,593 | 3,291 | 2,095 | 1,229 | 9,208 | 2,487 | 3,153 | 1,782 | 3,582 | 11,004 | 3,929 | 3,389 | 1,979 | 3,258 | 12,555 | |||||||||||||||||||||||||||||||
European Engineered Products | (380 | ) | (463 | ) | (1,461 | ) | (4,282 | ) | (6,586 | ) | (2,628 | ) | (904 | ) | (1,612 | ) | (1,705 | ) | (6,849 | ) | (346 | ) | (598 | ) | 325 | (149 | ) | (768 | ) | |||||||||||||||||
Other Non-Allocated | (2,953 | ) | (3,758 | ) | (3,206 | ) | (2,440 | ) | (12,357 | ) | (2,650 | ) | (2,501 | ) | (3,015 | ) | (2,492 | ) | (10,658 | ) | (2,279 | ) | (4,036 | ) | (3,001 | ) | (3,191 | ) | (12,507 | ) | ||||||||||||||||
Consolidated | $ | (286 | ) | $ | 8,065 | $ | 6,610 | $ | (3,034 | ) | $ | 11,355 | $ | (7,432 | ) | $ | 9,884 | $ | 8,687 | $ | (4,121 | ) | $ | 7,018 | $ | (5,010 | ) | $ | 10,131 | $ | 11,176 | $ | 2,293 | $ | 18,590 | |||||||||||