Segment Information (Tables)

A summary of segment results for the periods presented is as follows:


	Bedding Products		Specialized Products		Furniture, Flooring & Textile Products		Total
Three Months Ended June 30, 2025
Trade sales 1	$	391.4	$	304.1	$	362.5	$	1,058.0
Inter-segment sales	5.2		.1		1.4		6.7
Total segment sales	396.6		304.2		363.9		1,064.7
Less:

Depreciation and amortization	13.3		8.2		4.6		26.1
Nonoperating assets depreciation and amortization 2	1.3		1.1		1.2		3.6
Total depreciation and amortization	14.6		9.3		5.8		29.7


Restructuring, restructuring-related, and impairment charges (Note E)	2.1		.6		.9		3.6
Gain on sale of real estate	(16.7)		(1.7)		—		(18.4)

Other segment items 3	369.4		257.3		332.8		959.5
Segment EBIT	$	27.2	$	38.7	$	24.4	90.3
Intersegment eliminations and other							.1

Interest expense net of interest income							(18.7)
Earnings (loss) before income taxes							$	71.7


Three Months Ended June 30, 2024
Trade sales 1	$	438.0	$	319.6	$	371.0	$	1,128.6
Inter-segment sales	6.5		1.3		3.0		10.8
Total segment sales	444.5		320.9		374.0		1,139.4
Less:

Depreciation and amortization	14.3		10.3		5.5		30.1
Nonoperating assets depreciation and amortization 2	1.0		.7		.8		2.5
Total depreciation and amortization	15.3		11.0		6.3		32.6

Goodwill impairment (Note F)	587.2		43.6		44.5		675.3

Restructuring, restructuring-related, and impairment charges (Note E)	9.9		1.3		—		11.2
Gain on sale of real estate	(4.7)		—		—		(4.7)

Other segment items 3	428.6		274.5		332.6		1,035.7
Segment EBIT	$	(591.8)	$	(9.5)	$	(9.4)	(610.7)
Intersegment eliminations and other 4							(3.6)

Interest expense net of interest income							(20.0)
Earnings (loss) before income taxes							$	(634.3)


	Bedding Products		Specialized Products		Furniture, Flooring & Textile Products		Total
Six Months Ended June 30, 2025
Trade sales 1	$	782.1	$	604.2	$	693.8	$	2,080.1
Inter-segment sales	10.4		.3		3.7		14.4
Total segment sales	792.5		604.5		697.5		2,094.5
Less:

Depreciation and amortization	26.3		18.6		9.5		54.4
Nonoperating assets depreciation and amortization 2	2.6		2.0		2.3		6.9
Total depreciation and amortization	28.9		20.6		11.8		61.3


Restructuring, restructuring-related, and impairment charges (Note E)	5.5		4.0		1.0		10.5
Gain on sale of real estate	(16.7)		(1.7)		(3.2)		(21.6)


Other segment items 3	738.0		514.5		638.7		1,891.2
Segment EBIT	$	36.8	$	67.1	$	49.2	153.1
Intersegment eliminations and other							.2

Interest expense net of interest income							(36.5)
Earnings (loss) before income taxes							$	116.8


Six Months Ended June 30, 2024
Trade sales 1	$	886.0	$	635.5	$	704.0	$	2,225.5
Inter-segment sales	12.9		1.7		5.5		20.1
Total segment sales	898.9		637.2		709.5		2,245.6
Less:

Depreciation and amortization	28.9		20.4		10.8		60.1
Nonoperating assets depreciation and amortization 2	2.2		1.5		1.7		5.4
Total depreciation and amortization	31.1		21.9		12.5		65.5
Other segment items:

Goodwill impairment (Note F)	587.2		43.6		44.5		675.3
Restructuring, restructuring-related, and impairment charges (Note E)	19.2		1.3		1.5		22.0
Gain on sale of real estate	(12.6)		—		—		(12.6)
Gain from net insurance proceeds	—		—		(2.2)		(2.2)
Other segment items 3	850.1		556.2		639.0		2,045.3
Segment EBIT	$	(576.1)	$	14.2	$	14.2	(547.7)
Intersegment eliminations and other 4							(3.6)

Interest expense net of interest income							(40.6)
Earnings (loss) before income taxes							$	(591.9)

1 See Note B for revenue by product family.

2 Assets are not allocated to segments for internal reporting presentations. A portion of amortization and depreciation is included with various other costs in an overhead allocation to each segment.

3 Other segment items included in segment EBIT but not regularly provided to the CODM are comprised of cost of goods sold, selling and administrative expenses, and other expense (income), net.

4 For Intersegment eliminations and other, the three and six months ended June 30, 2024, included $3.7 in CEO transition compensation costs.

Average assets for our segments are shown in the table below and reflect the basis for return measures used by management to evaluate segment performance. These segment totals include the average of both working capital (current assets and current liabilities utilized in operations) plus net property, plant and equipment.


Average Assets by Segment	June 30, 2025		December 31, 2024
Bedding Products	$	662.0	$	741.8
Specialized Products	393.0		398.7
Furniture, Flooring & Textile Products	334.3		346.1

Average current liabilities included in segment numbers above	655.3		692.7
Unallocated assets 1	1,669.9		1,634.0
Difference between average assets and period-end balance sheet	(10.8)		(151.7)
Total assets	$	3,703.7	$	3,661.6