Prepaid expenses and other

519.1

183.8

102.8

53.3

Total current assets

1,205.3

808.9

Property, plant and equipment, net of accumulated depreciation of $294.8 and $271.7 as of September 30, 2016 and December 31, 2015, respectively

312.0

215.3

Deferred income taxes

142.1

71.3

Intangible assets, net of accumulated amortization of $79.0 and $61.1 as of September 30, 2016 and December 31, 2015, respectively

684.9

469.7

657.4

318.0

Other assets

112.0

84.1

Total assets

3,113.7

1,967.3

Current liabilities:

Short-term borrowings

11.7

11.3

Current portion of long-term debt

83.5

30.0

Accounts payable

307.9

201.3

Accrued expenses and other

344.8

272.4

Total current liabilities

747.9

515.0

Long-term pension and other post-retirement plan liabilities

2,666.1

1,783.7

174.8

185.3

Additional paid-in capital

84.5

70.8

Stockholders’ deficiency:

1,031.2

1,026.3

Treasury stock, at cost: 1,006,808 and 859,921 shares of Class A Common Stock as of September 30, 2016 and December 31, 2015, respectively

(18.6)

(13.3)

Accumulated deficit

(1,341.1)

(1,355.7)

Accumulated other comprehensive loss

(231.6)

(245.3)

Total stockholders’ deficiency

(559.6)

(587.5)

Total liabilities and stockholders’ deficiency

3,113.7

1,967.3

Class A Common Stock [Member]

Stockholders’ deficiency:

Class A Common Stock, par value $0.01 per share; 900,000,000 shares authorized; 53,862,615 and 54,088,174 shares issued as of September 30, 2016 and December 31, 2015, respectively

$ 0.5

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Allowance for doubtful accounts on trade receivables	$ 11.0	$ 10.5
Accumulated depreciation on property, plant and equipment	294.8	271.7
Accumulated amortization on intangible assets	$ 79.0	$ 61.1
Class A Common Stock [Member]
Common Stock, par value (usd per share)	$ 0.01	$ 0.01
Common Stock, shares authorized (shares)	900,000,000	900,000,000
Common Stock, shares issued (shares)	53,862,615	54,088,174
Treasury Stock, at cost, shares (shares)	1,006,808	859,921

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Income Statement [Abstract]

Selling, general and administrative expenses

$ 604.8

$ 471.5

$ 1,533.3

$ 1,392.4

Cost of sales

243.4

167.8

568.8

471.4

Gross profit

361.4

303.7

964.5

921.0

285.7

244.1

792.8

752.7

Acquisition and integration costs

33.5

0.6

39.5

6.5

Restructuring charges and other, net

0.5

4.0

2.3

0.9

Operating income

41.7

55.0

129.9

160.9

Other expenses, net:

Interest expense

27.4

21.5

69.3

62.0

Amortization of debt issuance costs

1.7

1.4

4.6

4.2

^[1]

Loss on early extinguishment of debt

16.9

0.0

16.9

0.0

^[1]

Foreign currency losses (gains), net

1.2

(0.7)

6.3

7.3

Miscellaneous, net

(0.6)

0.3

(0.1)

0.5

Other expenses, net

46.6

22.5

97.0

74.0

(Loss) income from continuing operations before income taxes

(4.9)

32.5

32.9

86.9

(Benefit from) provision for income taxes

(0.4)

24.6

16.0

53.8

(Loss) income from continuing operations, net of taxes

(4.5)

7.9

16.9

33.1

Loss from discontinued operations, net of taxes

(0.2)

(1.7)

(2.3)

(1.8)

Foreign currency translation adjustment, net of tax

(4.7)

6.2

14.6

31.3

^[1]

Other comprehensive income (loss):

^[2]

2.7

(2.5)

8.0

(15.1)

Amortization of pension related costs, net of tax

^[3],[4]

1.8

1.9

5.6

5.4

Revaluation of derivative financial instruments, net of reclassifications into earnings

^[5]

0.8

(0.7)

0.1

(2.7)

Other comprehensive income (loss)

5.3

(1.3)

13.7

^[6]

(12.4)

Total comprehensive income

$ 0.6

$ 4.9

$ 28.3

$ 18.9

Basic (loss) earnings per common share:

$ (0.09)

$ 0.15

$ 0.32

$ 0.63

0.00

(0.03)

(0.04)

(0.03)

Diluted (loss) earnings per common share:

(0.09)

0.12

0.28

0.60

(0.09)

0.15

0.32

0.63

0.00

(0.03)

(0.04)

(0.03)

Weighted average number of common shares outstanding:

$ (0.09)

$ 0.12

$ 0.28

$ 0.60

Basic (shares)

52,498,246

52,440,580

52,498,840

52,422,660

Diluted (shares)

52,498,246

52,603,711

52,617,740

52,593,207

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.
[2]	Net of expense (benefit) of $0.7 million and ($3.5 million) for the three months ended September 30, 2016 and 2015, respectively, and $1.3 million and ($6.3 million) for the nine months ended September 30, 2016 and 2015, respectively.
[3]	Net of tax expense of $0.4 million and $0.3 million for each of the three months ended September 30, 2016 and 2015, respectively, and $1.1 million and $1.0 million for each of the nine months ended September 30, 2016 and 2015.
[4]	This other comprehensive income component is included in the computation of net periodic benefit (income) costs. See Note 11, “Pension and Post-Retirement Benefits,” for additional information regarding net periodic benefit (income) costs.
[5]	Net of tax expense (benefit) of $0.5 million and ($0.5 million) for the three months ended September 30, 2016 and 2015, respectively, and $0.1 million and ($1.7 million) for the nine months ended September 30, 2016 and 2015, respectively.
[6]	See Note 13, “Accumulated Other Comprehensive Loss,” regarding the changes in the accumulated balances for each component of other comprehensive income during the nine months ended September 30, 2016.

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Currency translation adjustment, tax expense (benefit)	$ 0.7	$ (3.5)	$ 1.3	$ (6.3)
Amortization of pension related costs, tax expense (benefit)	0.4	0.3	1.1	1.0
Revaluation of derivative financial instrument, tax expense (benefit)	$ 0.5	$ (0.5)	$ 0.1	$ (1.7)

UNAUDITED CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIENCY - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2016

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Treasury stock acquired, at cost

^[1]

$ (587.5)

^[2]

(2.6)

Repurchase of common stock

^[3]

(2.7)

Stock-based compensation amortization

4.8

Excess tax benefits from stock-based compensation

0.1

Net income

$ (4.7)

14.6

Other comprehensive income, net

5.3

13.7

^[4]

Increase (Decrease) in Stockholders' Equity [Roll Forward]

(559.6)

Common Stock [Member]

0.5

Additional Paid-In-Capital [Member]

0.5

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Stock-based compensation amortization

1,026.3

4.8

Excess tax benefits from stock-based compensation

0.1

Increase (Decrease) in Stockholders' Equity [Roll Forward]

1,031.2

Treasury Stock [Member]

Treasury stock acquired, at cost

(13.3)

^[2]

(2.6)

Repurchase of common stock

^[3]

(2.7)

Accumulated Deficit [Member]

(18.6)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

(1,355.7)

Net income

14.6

Accumulated Other Comprehensive Loss [Member]

(1,341.1)

Increase (Decrease) in Stockholders' Equity [Roll Forward]

Other comprehensive income, net

(245.3)

^[4]

13.7

Treasury Stock [Member] | Class A Common Stock [Member]

$ (231.6)

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.
[2]	Pursuant to the share withholding provisions of the Fourth Amended and Restated Revlon, Inc. Stock Plan (the “Stock Plan”), certain senior executives, in lieu of paying certain withholding taxes on the vesting of restricted stock, authorized the withholding of an aggregate 73,992 shares of Revlon, Inc. Class A Common Stock during the nine months ended September 30, 2016, to satisfy certain minimum statutory tax withholding requirements related to the vesting of such shares. These withheld shares were recorded as treasury stock using the cost method, at a price per share of $35.00 during the nine months ended September 30, 2016, based on the closing price of Revlon, Inc. Class A Common Stock as reported on the NYSE consolidated tape on the vesting date, for a total of $2.6 million. See Note 15, "Stock Compensation Plan" to the Consolidated Financial Statements in Revlon, Inc.'s Annual Report on Form 10-K for the fiscal year ended December 31, 2015, filed with the SEC on February 26, 2016 (the "2015 Form 10-K") for details regarding restricted stock awards under the Stock Plan.
[3]	On April 21, 2016, in connection with his separation from the Company, the Company repurchased 72,895 shares of Revlon, Inc. Class A Common Stock (representing vested shares of restricted stock) from Lorenzo Delpani, the Company's former President and Chief Executive Officer, at a price of $36.83 per share based upon the NYSE closing price of Revlon, Inc. Class A Common Stock on April 20, 2016, for a total purchase price of $2.7 million.
[4]	See Note 13, “Accumulated Other Comprehensive Loss,” regarding the changes in the accumulated balances for each component of other comprehensive income during the nine months ended September 30, 2016.

UNAUDITED CONSOLIDATED STATEMENT OF STOCKHOLDERS' DEFICIENCY (Parenthetical) - USD ($)
$ in Millions

9 Months Ended

Apr. 21, 2016

Sep. 30, 2016

Shares repurchased

^[1]

$ 2.7

Treasury Stock [Member]

Shares repurchased

^[1]

$ 2.7

Shares withheld for withholding taxes (in shares)

73,992

Shares withheld for withholding taxes, weighted average price per share (in dollars per share)

$ 36.83

$ 35.00

Shares withheld for withholding taxes

$ 2.6

Shares repurchased (in shares)

72,895

Shares repurchased

$ 2.7

[1]

On April 21, 2016, in connection with his separation from the Company, the Company repurchased 72,895 shares of Revlon, Inc. Class A Common Stock (representing vested shares of restricted stock) from Lorenzo Delpani, the Company's former President and Chief Executive Officer, at a price of $36.83 per share based upon the NYSE closing price of Revlon, Inc. Class A Common Stock on April 20, 2016, for a total purchase price of $2.7 million.

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

^[1]

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income

$ 14.6

$ 31.3

Adjustments to reconcile net income to net cash used in operating activities:

Depreciation and amortization

81.0

76.8

Foreign currency losses from re-measurement

5.5

10.5

Amortization of debt discount

1.1

Stock-based compensation amortization

4.8

3.8

Provision for deferred income taxes

6.9

34.6

Loss on early extinguishment of debt, net

16.9

0.0

Amortization of debt issuance costs

4.6

4.2

Loss (gain) on sale of certain assets

0.2

(6.5)

Pension and other post-retirement income

(0.5)

(1.6)

Change in assets and liabilities:

Increase in trade receivables

(112.0)

(27.9)

Decrease (increase) in inventories

5.0

(62.4)

Increase in prepaid expenses and other current assets

(20.0)

(20.5)

(Decrease) increase in accounts payable

(3.5)

30.0

Decrease in accrued expenses and other current liabilities

(39.5)

(16.5)

Pension and other post-retirement plan contributions

(6.0)

(15.5)

Purchases of permanent displays

(25.9)

(32.5)

Other, net

(4.0)

(11.5)

Net cash used in operating activities

(70.8)

(2.6)

CASH FLOWS FROM INVESTING ACTIVITIES:

Capital expenditures

(33.1)

(27.0)

Business acquisitions, net of cash acquired

(1,028.7)

(34.2)

Proceeds from the sale of certain assets

0.5

5.8

Net cash used in investing activities

(1,061.3)

(55.4)

Net (decrease) increase in short-term borrowings and overdraft

(2.6)

4.3

Payment of financing costs

(61.5)

0.0

Treasury stock purchased

(2.7)

0.0

Other financing activities

(2.2)

(3.0)

Net cash provided by (used in) financing activities

900.8

(28.4)

Effect of exchange rate changes on cash and cash equivalents

3.6

(7.7)

Net decrease in cash and cash equivalents

(227.7)

(94.1)

Cash and cash equivalents at beginning of period

326.9

^[2]

275.3

Cash and cash equivalents at end of period

99.2

181.2

Cash paid during the period for:

Interest

68.4

66.1

Income taxes, net of refunds

19.4

21.3

Supplemental schedule of non-cash investing and financing activities:

Treasury stock received to satisfy certain minimum tax withholding liabilities

2.6

2.0

Acquisition Term Loan due 2019 [Member]

Repayments of debt, scheduled

(15.1)

(17.6)

Repayments of debt, payoff

(658.6)

0.0

2011 Term Loan due 2017 [Member]

Repayments of debt, scheduled

(11.5)

(12.1)

Repayments of debt, payoff

(651.4)

0.0

2016 Term Loan due 2023 [Member]

Proceeds from issuance of debt

1,791.0

0.0

2016 Revolving Credit Facility due 2021 [Member]

Proceeds from issuance of debt

65.4

0.0

Proceeds from issuance of debt

$ 450.0

$ 0.0

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.
[2]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

9 Months Ended

Sep. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Revlon, Inc. ("Revlon" and together with its subsidiaries, the "Company") conducts its business exclusively through its direct wholly-owned operating subsidiary, Revlon Consumer Products Corporation ("Products Corporation"), and its subsidiaries, including Elizabeth Arden, Inc. ("Elizabeth Arden"). Revlon is an indirect majority-owned subsidiary of MacAndrews & Forbes Incorporated (together with certain of its affiliates other than the Company, "MacAndrews & Forbes"), a corporation wholly-owned by Ronald O. Perelman. We are a leading global beauty company with an iconic portfolio of brands. We manufacture, market and sell an extensive array of color cosmetics, hair color, hair care and hair treatments, fragrances, skincare, beauty tools, men’s grooming products, anti-perspirant deodorants and other beauty care products across a variety of distribution channels. The Company is building a combined organization that is entrepreneurial, agile and boldly creative, with a passion for beauty. The Company has strategic brand builders developing a diverse portfolio of iconic brands that delight consumers around the world wherever and however they shop for beauty. The Company strives to be an ethical company that values inclusive leadership and is committed to sustainable and responsible growth. The Company operates in four reporting segments: the consumer division (“Consumer”); the professional division (“Professional”); Elizabeth Arden; and Other (each as described below). The Company manufactures, markets and sells worldwide an extensive array of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, beauty tools, men's grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products. The Company’s principal customers for its products in the Consumer segment include large volume retailers, chain drug and food stores, chemist shops, hypermarkets, general merchandise stores, the Internet/e-commerce, television shopping, department stores, one-stop shopping beauty retailers, specialty cosmetics stores and perfumeries in the U.S. and internationally. The Company's principal customers for its products in the Professional segment include hair and nail salons and distributors to professional salons in the U.S. and internationally.

On September 7, 2016 (the "Acquisition Date"), the Company completed the acquisition of Elizabeth Arden (the “Elizabeth Arden Acquisition”). Elizabeth Arden is a global prestige beauty products company with an iconic portfolio of brands that are highly complementary to the Company's existing brand portfolio and are sold worldwide. In North America, Elizabeth Arden’s principal customers include prestige retailers, the mass retail channel and distributors, as well as direct sales to consumers via its branded retail outlet stores and e-commerce business. Elizabeth Arden products are also sold through the Elizabeth Arden Red Door Spa beauty salons and spas. Internationally, Elizabeth Arden’s portfolio of owned and licensed brands is sold to perfumeries, boutiques, department stores, travel retailers and distributors. The operating results and purchase accounting for the Company's Elizabeth Arden Acquisition are presented in the Elizabeth Arden segment. Refer to Note 2, "Business Combinations," for further details related to the Elizabeth Arden Acquisition.

The Other segment primarily includes the operating results of the CBBeauty Group and certain of its related entities, which the Company acquired in April 2015, (collectively "CBB" and such transaction, the "CBB Acquisition"). CBB develops, manufactures, markets and distributes fragrances and other beauty products under a variety of celebrity, lifestyle and fashion brands licensed from third parties, principally through department stores and selective distribution in international territories.

The accompanying Consolidated Financial Statements are unaudited. In management's opinion, all adjustments necessary for a fair presentation have been made. The Consolidated Financial Statements include the accounts of the Company after the elimination of all material intercompany balances and transactions.

The preparation of the Company's Consolidated Financial Statements in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) requires management to make estimates and assumptions that affect amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the financial statements and reported amounts of revenues and expenses during the periods presented. Actual results could differ from these estimates. Estimates and assumptions are reviewed periodically and the effects of revisions are reflected in the Consolidated Financial Statements in the period they are determined to be necessary. Significant estimates made in the accompanying Consolidated Financial Statements include, but are not limited to, allowances for doubtful accounts, inventory valuation reserves, expected sales returns and allowances, trade support costs, certain assumptions related to the valuation of acquired intangible and long-lived assets and the recoverability of goodwill, intangible and long-lived assets, income taxes, including deferred tax valuation allowances and reserves for estimated tax liabilities, restructuring costs, certain estimates and assumptions used in the calculation of the net periodic benefit (income) costs and the projected benefit obligations for the Company’s pension and other post-retirement plans, including the expected long-term return on pension plan assets and the discount rate used to value the Company’s pension benefit obligations. The Consolidated Financial Statements should be read in conjunction with the consolidated financial statements and related notes contained in Revlon, Inc.'s 2015 Form 10-K.

The Company's results of operations and financial position for interim periods are not necessarily indicative of those to be expected for a full year.

Certain prior year amounts in the Consolidated Financial Statements have been reclassified to conform to the current period's presentation.

Recently Adopted Accounting Pronouncements

In November 2015, the FASB issued ASU No. 2015-17, "Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes," which requires deferred income tax assets and liabilities to be classified as noncurrent within a company's balance sheet. Under previous guidance, the Company was required to separate deferred income tax assets and liabilities into current and noncurrent amounts. Netting deferred tax assets and deferred tax liabilities by tax jurisdiction is still required under ASU 2015-17. The Company adopted ASU No. 2015-17 beginning on January 1, 2016 and the Company's previously recorded deferred tax assets were adjusted to reflect the adoption of ASU No. 2015-17. The adoption of ASU No. 2015-17 resulted in no adjustment to the Company’s results of operations and stockholders’ deficiency and had the following impact on the previously reported Consolidated Balance Sheets for the fiscal year ended December 31, 2015 and the Consolidated Statements of Cash Flows for the nine months ended September 30, 2015:



Consolidated Balance Sheets	Total as reported at 12/31/2015			Adjustment			Total as adjusted at 12/31/2015
Deferred income taxes - current	$	58.0		$	(58.0	)	$	—
Deferred income taxes - noncurrent	40.3			31.0			71.3
Other long-term liabilities	97.8			(27.0		)	70.8

Consolidated Statements of Cash Flows	Total as reported at 9/30/2015			Adjustment			Total as adjusted at 9/30/2015
Increase in prepaid expense and other current assets	$	(20.3	)	$	(0.2	)	$	(20.5	)
Decrease in accrued expenses and other current liabilities	(16.4		)	(0.1		)	(16.5		)
Increase in other, net	(11.8		)	0.3			(11.5		)

In September 2015, the FASB issued ASU No. 2015-16, "Business Combinations (Topic 805): Simplifying the Accounting for Measurement Period Adjustments," which eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. Instead, acquirers must recognize measurement-period adjustments during the period in which they determine the amounts, including the effect on earnings of any amounts they would have recorded in previous periods if the accounting had been completed at the acquisition date. The guidance is effective for annual periods beginning after December 15, 2015, with early adoption permitted. The Company adopted ASU No. 2015-16 beginning on January 1, 2016 and the adoption of the new guidance did not have a material impact on the Company’s results of operations, financial condition and financial statement disclosures.

In April 2015, the FASB issued ASU No. 2015-03, "Simplifying the Presentation of Debt Issuance Costs," which requires debt issuance costs to be presented in the financial statements as a deduction from the corresponding debt liability, consistent with the presentation of debt discounts. The guidance is effective for annual periods beginning after December 15, 2015, with early adoption permitted, and is to be applied retrospectively. The Company adopted ASU No. 2015-03 beginning on January 1, 2016 and the Company's previously recorded other assets and long-term debt were adjusted to reflect the adoption of ASU No. 2015-03. The adoption of ASU No. 2015-03 resulted in no adjustment to the Company’s results of operations, cash flows and stockholders’ deficiency and had the following impact on the previously reported Consolidated Balance Sheets for the fiscal year ended December 31, 2015:



Consolidated Balance Sheets	Total as reported at 12/31/2015		Adjustment			Total as adjusted at 12/31/2015
Long-Term Debt	$	1,803.7	$	(20.0	)	$	1,783.7
Other Assets	104.1		(20.0		)	84.1

In August 2014, the FASB issued ASU No. 2014-15, "Disclosure of Uncertainties about an Entity's Ability to Continue as a Going Concern," that will explicitly require management to assess an entity's ability to continue as a going concern and to provide related footnote disclosures if conditions give rise to substantial doubt. According to ASU No. 2014-15, substantial doubt exists if it is probable that the entity will be unable to meet its obligations within one year after the issuance date. The likelihood threshold of "probable," similar to its current use in U.S. GAAP for loss contingencies, will be used to define substantial doubt. Disclosures will be required under ASU No. 2014-15 if conditions give rise to substantial doubt, including whether and how management's plans will alleviate the substantial doubt. The guidance is effective for annual periods beginning after December 15, 2015, with early adoption prohibited. The Company adopted ASU No. 2014-15 beginning January 1, 2016 and the adoption of the new guidance did not have a material impact on the Company’s results of operations, financial condition and financial statement disclosures.

Recently Issued Accounting Pronouncements

In August 2016, the FASB issued ASU No. 2016-15, “Classification of Certain Receipts and Cash Payments” which aims to standardize how certain transactions are classified within the Statement of Cash Flows, including, among other issues, debt prepayment and extinguishment costs and contingent consideration payments made after a business combination. The guidance is effective for annual periods beginning after December 15, 2017, with early adoption permitted. The Company expects to adopt ASU No. 2016-15 beginning on January 1, 2018 and is in the process of assessing the impact that the new guidance will have on the Company’s results of operations, financial condition and financial statement disclosures.

In March 2016, the FASB issued ASU No. 2016-09, “Improvements to Employee Share-Based Payment Accounting,” which simplifies certain aspects of accounting for share-based payment transactions, including transactions in which an employee uses shares to satisfy the employer’s minimum statutory income tax withholding obligation, forfeitures and income taxes when awards vest or are settled. The guidance is effective for annual periods beginning after December 15, 2016, with early adoption permitted. The Company expects to adopt ASU No. 2016-09 beginning on January 1, 2017 and is in the process of assessing the impact that the new guidance will have on the Company’s results of operations, financial condition and financial statement disclosures.

In February 2016, the FASB issued ASU No. 2016-02, "Leases (Topic 842)" which requires lessees to recognize a right-of-use asset and a liability on the balance sheet for all leases, with the exception of short-term leases. The lease liability will be equal to the present value of lease payments and the right-of-use asset will be based on the lease liability, subject to adjustment such as for initial direct costs. Leases will continue to be classified as either operating or finance leases in the income statement. The guidance is effective for annual periods beginning after December 15, 2018, with early adoption permitted. The Company expects to adopt ASU No. 2016-02 beginning on January 1, 2019 and is in the process of assessing the impact that the new guidance will have on the Company’s results of operations, financial condition and financial statement disclosures.

BUSINESS COMBINATIONS

9 Months Ended

Sep. 30, 2016

Business Combinations [Abstract]

BUSINESS COMBINATIONS

The Elizabeth Arden Acquisition

On the September 7, 2016 Acquisition Date, the Company completed the Elizabeth Arden Acquisition for a total cash purchase price of $1,034.3 million, pursuant to an agreement and plan of merger (the "Merger Agreement") by and among Revlon, Products Corporation, RR Transaction Corp. (then a wholly-owned subsidiary of Products Corporation), and Elizabeth Arden, Inc. On the Acquisition Date, Elizabeth Arden merged (the “Merger”) with and into RR Transaction Corp. (“Acquisition Sub”), with Elizabeth Arden surviving the Merger as a wholly-owned subsidiary of Products Corporation. Elizabeth Arden is a global prestige beauty products company with an iconic portfolio of brands that are highly complementary to the Company's existing brand portfolio and are sold worldwide. In North America, Elizabeth Arden’s principal customers include prestige retailers, the mass retail channel and distributors, as well as direct sales to consumers via its branded retail outlet stores and e-commerce business. Elizabeth Arden products are also sold through the Elizabeth Arden Red Door Spa beauty salons and spas. Internationally, Elizabeth Arden’s portfolio of owned and licensed brands is sold to perfumeries, boutiques, department stores, travel retailers and distributors. The Company anticipates achieving additional growth through opportunities presented by the combined company’s expanded sales channels and geographies, a broadened product portfolio and cost synergy opportunities.

Products Corporation financed the Elizabeth Arden Acquisition with the proceeds from (i) a 7-year $1,800.0 million senior secured term loan facility (the “2016 Term Loan Facility” and such agreement being the “2016 Term Loan Agreement”); (ii) $35.0 million of borrowings under a 5-year $400.0 million senior secured asset-based revolving credit facility (the “2016 Revolving Credit Facility” and such agreement being the “2016 Revolving Credit Agreement” and such facility, together with the 2016 Term Loan Facility, the “Senior Facilities”); (iii) $450.0 million aggregate principal amount of Products Corporation’s 6.25% Senior Notes due 2024 (the “6.25% Senior Notes”); and (iv) approximately $126.7 million of cash on hand. Refer to Note 8, "Long-Term Debt" for further details related to financing the Elizabeth Arden Acquisition and related debt restructuring transactions.

The results of operations of Elizabeth Arden are included in the Company’s Consolidated Financial Statements commencing on the Acquisition Date. For the net sales and segment profit related to Elizabeth Arden operations for the period from the Acquisition Date through September 30, 2016, refer to the Elizabeth Arden segment disclosure in Note 14, "Segment Data and Related Information."

Purchase Price of the Elizabeth Arden Acquisition

The components of the purchase price for the Elizabeth Arden Acquisition are as follows:



	As of September 7, 2016
Purchase price of Elizabeth Arden common stock ⁽¹⁾	$	431.5
Repayment of Existing Elizabeth Arden senior notes ⁽²⁾	350.0
Repayment of Elizabeth Arden revolving credit facility, including accrued interest ⁽³⁾	142.5
Repayment of Elizabeth Arden Second lien credit facility, including accrued interest ⁽³⁾	25.0
Repurchase of Elizabeth Arden preferred stock ⁽⁴⁾	55.0
Payment of accrued interest and call premium on Elizabeth Arden Existing Senior Notes ⁽⁵⁾	27.4
Payment of Elizabeth Arden dividends payable at Acquisition Date ⁽⁶⁾	2.9
Total Purchase Price	$	1,034.3

(1)

All of Elizabeth Arden’s issued and outstanding common stock was canceled and extinguished on the Acquisition Date and converted into the right to receive $14.00 in cash, without interest, less any required withholding taxes, and was paid by Products Corporation upon the completion of the Acquisition. The $431.5 million purchase price for Elizabeth Arden common stock includes the settlement of all outstanding Elizabeth Arden stock options and all outstanding Elizabeth Arden restricted share units at the Acquisition Date for a total cash payment of $11.1 million.


(2)	The purchase price includes the repurchase of the entire $350.0 million aggregate principal amount outstanding of Elizabeth Arden’s 7.375% senior notes due 2021 (the “Elizabeth Arden Existing Senior Notes”).


(3)	The purchase price includes the repayment of the entire $142.0 million aggregate principal amount of borrowings outstanding as of the Acquisition Date under Elizabeth Arden’s $300.0 million revolving credit facility and the entire $25.0 million aggregate principal amount of borrowings outstanding as of the Acquisition Date under Elizabeth Arden's second lien credit facility;


(4)	The purchase price includes $55.0 million that was paid to retire the $55.0 million liquidation preference of all of the issued and outstanding 50,000 shares of Elizabeth Arden preferred stock, par value $0.01 per share (the “Elizabeth Arden Preferred Stock”), which amount includes a $5.0 million change of control premium.

(5)

Interest on the Elizabeth Arden Existing Senior Notes accrued at a rate of 7.375% per annum and was payable semi-annually on March 15 and September 15 of every year. The approximately $12.3 million of accrued and unpaid interest was calculated based on 176 days of accrued interest as of the Acquisition Date. Pursuant to the terms of the indenture governing the Elizabeth Arden Existing Senior Notes, upon a change in control, such notes were subject to repurchase at a price equal to 103.69% of their principal amount, plus accrued and unpaid interest and additional interest, if any, to the date of such repurchase. The repurchase of the Elizabeth Arden Existing Senior Notes was consummated on October 7, 2016.


(6)	The purchase price includes the payment of approximately $2.9 million in accrued dividends payable at the Acquisition Date to the holders of Elizabeth Arden Preferred Stock.

Purchase Price Allocation

The Company accounted for the Elizabeth Arden Acquisition as a business combination during the third quarter of 2016 and, accordingly, the total consideration of $1,034.3 million has been recorded based on the respective estimated fair values of the net

assets acquired on the Acquisition Date with resulting goodwill, as follows:



	Amounts Recognized at September 7, 2016
Cash	$	41.1
Accounts Receivable	132.6
Inventories ^(a)	342.5
Prepaid expenses and other current assets	30.7
Property and equipment	91.2
Deferred taxes, net ^(b)	68.7
Intangible assets	332.8
Goodwill	202.0
Other assets	21.1
Total assets acquired	1,262.7
Accounts payable	(116.0		)
Accrued expenses	(109.3		)
Other long-term liabilities	(3.1		)
Total liabilities acquired	(228.4		)
Total consideration transferred	$	1,034.3

^(a) The Company recorded a $40.7 million step-up for the estimated fair value of Elizabeth Arden’s inventory, which has been determined based upon the estimated selling price of the inventories less the remaining manufacturing and selling costs and normal profit margin on those manufacturing and selling efforts. Following the Elizabeth Arden Acquisition, the step-up in fair value will increase cost of sales over approximately seven months, as the acquired inventory is sold. For the three and nine months ended September 30, 2016, the Company recognized a $4.2 million charge within cost of sales related to this step-up.

^(b)Deferred tax assets acquired in the Elizabeth Arden Acquisition primarily relate to approximately $107.3 million of tax loss carryforwards which the Company preliminarily estimates it will be able to realize in future periods, of which $0.5 million are foreign and $106.8 million are domestic (federal).

The fair values of the net assets acquired in the Elizabeth Arden Acquisition were based on management’s preliminary estimate of the respective fair values of Elizabeth Arden’s net assets. The estimated fair values of net assets and resulting goodwill are subject to the Company finalizing its analysis of the fair value of Elizabeth Arden’s assets and liabilities as of the Acquisition Date and may be adjusted upon completion of such analysis. In addition, information unknown at the time of the Elizabeth Arden Acquisition could result in adjustments to the respective fair values and resulting goodwill within the year following the Elizabeth Arden Acquisition Date.

In determining the fair values of net assets acquired in the Elizabeth Arden Acquisition and resulting goodwill, the Company considered, among other factors, the analyses of Elizabeth Arden's historical financial performance and an estimate of the future performance of the acquired business, as well as the intended use of the acquired assets.

The estimated fair value of the accounts receivable acquired in the Elizabeth Arden Acquisition was determined to be $132.6 million. The gross amount due is $165.0 million and the Company estimates that approximately $32.4 million is uncollectible.

The estimated fair value of inventory acquired in the Elizabeth Arden Acquisition was determined using the income approach, specifically, the net realizable value ("NRV") approach, which calculates the estimated selling price of such inventory in the ordinary course of business, less the reasonable costs of completion, disposal and holding. The estimated fair value of acquired property and equipment was determined using the cost approach.

The intangible assets acquired in the Elizabeth Arden Acquisition based on the estimate of the fair values of the identifiable intangible assets are as follows:



	Amounts Recognized at September, 7 2016		Remaining Useful Life (in years)
Trademarks, indefinite-lived	$	142.0	Indefinite
Trademarks, finite lived	15.0		15.0
Technology	2.5		10.0
Customer relationships	117.0		16.0
License agreements	24.0		19.0
Distribution rights	31.0		18.0
Favorable lease commitments	1.3		3.0
Total acquired intangible assets	$	332.8

The estimate of the fair values of acquired indefinite-lived and finite-lived trade names and technology IP was determined using a risk-adjusted discounted cash flow approach, specifically the relief-from-royalty method. The relief-from-royalty method requires identifying the hypothetical cash flows generated by an assumed royalty rate that a third party would pay to license the trade names and IP, and discounting them back to the Acquisition Date. The royalty rate used in such valuation was based on a consideration of market rates for similar categories of assets. The indefinite-lived trade names includes the Elizabeth Arden brand trade name. The finite-lived trade names includes, among others, owned heritage fragrance trade names such as Curve, Halston and Giorgio Beverly Hills and the Prevage skin care brand.

The estimate of the fair value of the customer and distributor relationships and distribution rights acquired in the Elizabeth Arden Acquisition were determined using a risk-adjusted discounted cash flow model, specifically, the excess earnings method which considers the use of other assets in the generation of the projected cash flows of a specific asset to isolate the economic benefit generated by the customer and distribution relationships and distribution rights. The contribution of other assets, such as fixed assets, working capital, workforce and other intangible assets, to overall cash flows was estimated through contributory asset capital charges. Therefore, the value of the acquired customer relationship is the present value of the attributed post-tax cash flows, net of the return on fair value attributed to tangible and other intangible assets.

There are significant judgments inherent in a discounted cash flow approach, including, the selection of appropriate discount rates, hypothetical royalty rates, contributory asset capital charges, estimating the amount and timing of estimated future cash flows and identification of appropriate terminal growth rate assumptions. The discount rates used in the discounted cash flow analyses are intended to reflect the risk inherent in the projected future cash flows generated by the respective intangible assets.

The Company recorded a $59.2 million deferred tax liability related to the $332.8 million of acquired intangible assets outlined in the above table. This deferred tax liability represents the tax effect of the difference between the $332.8 million estimated assigned fair value of the intangible assets and the $148.6 million tax basis of such assets. The goodwill and intangibles acquired in the Elizabeth Arden Acquisition are not expected to be deductible for income tax purposes.

Goodwill of $202.0 million represents the excess of the purchase price paid by Products Corporation for the Elizabeth Arden Acquisition over the fair value of the identifiable net assets acquired by Products Corporation in the Elizabeth Arden Acquisition. Factors contributing to the purchase price resulting in the recognition of goodwill include estimated annualized synergies and cost reductions, expanded category mix, channel diversification and a broader geographic footprint.

Unaudited Pro Forma Results

The following table presents the Company's pro forma consolidated net sales and income from continuing operations, before income taxes for the three and nine months ended September 30, 2016 and 2015, respectively. The unaudited pro forma results include the historical consolidated statements of operations of the Company and Elizabeth Arden, giving effect to the Elizabeth Arden Acquisition and related financing transactions as if they had occurred at the beginning of the earliest period presented. As stated below, the Company also acquired certain international Cutex businesses ("Cutex International"); however the Company has not included the Cutex International results prior to its acquisition date in these pro forma results as the impact would not have been material to the Company's financial results.



	Unaudited Pro Forma Results
	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2016			2015		2016			2015
Net sales	$	745.1		$	737.5	$	2,058.2		$	2,025.5
Income (loss) from continuing operations, before income taxes	(4.3		)	9.2		(22.4		)	(86.3		)

The pro forma results, prepared in accordance with U.S. GAAP, include the following pro forma adjustments related to the Elizabeth Arden Acquisition:

(i) as a result of a $40.7 million increase in the fair value of acquired inventory at the Acquisition Date, the Company recognized a $4.2 million increase in the cost of sales during the three and nine months ended September 30, 2016 in the consolidated financial statements. The pro forma adjustments include an adjustment to reverse the $4.2 million recognized in the third quarter of 2016 within cost of sales because it will not have a recurring impact;

(ii) a pro forma increase in depreciation and amortization expense as a result of the preliminary fair value adjustments to property and equipment of $2.6 million and acquired finite-lived intangible assets of $1.0 million recorded in connection with the Elizabeth Arden Acquisition for the three and nine months ended September 30, 2016, respectively;

(iii) a pro forma decrease in depreciation and amortization expense as a result of the preliminary fair value adjustments to property and equipment of $1.4 million and acquired finite-lived intangible assets of $5.0 million recorded in connection with the Elizabeth Arden Acquisition for the three and nine months ended September 30, 2015, respectively;

(iv) the elimination of $58.4 million of acquisition costs and $65.1 million of integration costs recognized by the Company and Elizabeth Arden during the three and nine months ended September 30, 2016, respectively; and

(v) a pro forma increase in interest expense and amortization of debt issuance costs, related to financing the Elizabeth Arden Acquisition and related debt restructuring transactions as summarized in the following table. Refer to Note 8, "Long-Term Debt" for further details on financing the Elizabeth Arden Acquisition and related debt refinancing transactions.



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
($ in millions)	2016			2015			2016			2015
Interest Expense
Pro forma interest on New Senior Facilities and 6.25% Senior Notes	$	26.7		$	26.9		$	79.4		$	79.9
Reversal of Elizabeth Arden’s historical interest expense	(5.2		)	(6.5		)	(18.2		)	(19.2		)
Company historical interest expense, as reflected in the historical consolidated financial statements	(12.5		)	(12.8		)	(37.6		)	(38.2		)
Total Adjustment for Pro Forma Interest Expense	$	9.0		$	7.6		$	23.6		$	22.5
Debt issuance costs
Pro forma amortization of debt issuance costs	$	1.8		$	1.8		$	5.3		$	5.3
Company historical amortization of debt issuance costs, as reflected in the historical consolidated financial statements	(1.1		)	(1.3		)	(3.3		)	(3.3		)
Reversal of Elizabeth Arden’s historical amortization of debt issuance costs	(0.4		)	(0.4		)	(1.3		)	(1.1		)
Total Adjustment for Pro Forma Amortization of Debt Issuance Costs	$	0.3		$	0.1		$	0.7		$	0.9

The unaudited pro forma results do not include: (1) any incremental revenue generation or cost reductions that may be achieved as a result of the Elizabeth Arden Acquisition; or (2) the impact of non-operating or non-recurring items directly related to the Elizabeth Arden Acquisition. In addition, the unaudited pro forma results do not purport to project the future consolidated operating results of the combined company.

The Cutex International Acquisition

On May 31, 2016 (the "Cutex International Acquisition Date"), the Company completed the acquisition of certain international Cutex businesses ("Cutex International") from Coty Inc. (the "Cutex International Acquisition"), which primarily operate in Australia and the U.K., and related assets for total cash consideration of $29.1 million. Following the Company's October 2015 acquisition of the Cutex business and related assets in the U.S. from Cutex Brands, LLC, the Cutex International Acquisition completed the Company's global consolidation of the Cutex brand and enhances and complements the Company's existing brand portfolio of nail care products. Cutex International's results of operations are included in the Company’s Consolidated Financial Statements commencing on the Cutex International Acquisition Date. Pro forma results of operations have not been presented, as the impact of the Cutex International Acquisition on the Company’s consolidated financial results is not material.

The Company accounted for the Cutex International Acquisition as a business combination in the second quarter of 2016. The table below summarizes the allocation of the total consideration of $29.1 million paid on the Cutex International Acquisition Date, as well as adjustments that have been made to the preliminary estimate of fair values during the third quarter of 2016:



	Amounts Recognized at May 31, 2016 (Provisional) ^(a)		Adjustments			Amounts Recognized at May 31, 2016 (Adjusted)
Inventory	$	0.8	$	—		$	0.8
Purchased Intangible Assets ^(b)	19.7		(0.2		)	19.5
Goodwill	8.6		0.2			8.8
Total consideration transferred	$	29.1	$	—		$	29.1

^(a) As previously reported in Revlon's second quarter 2016 Form 10-Q.

^(b) Purchased intangible assets include customer networks fair valued at $13.5 million, intellectual property fair valued at $0.9 million, which are amortized over useful lives of 15 and 10 years, respectively, and indefinite lived trade names fair valued at $5.1 million.

The Company reacquired the Cutex trade name from Coty, which had previously provided Coty with an exclusive right to manufacture, market and sell Cutex branded products for an initial term and perpetual automatic 20-year renewals. Based on the terms and conditions of the existing license agreements and other factors, the Cutex trade name was assigned an indefinite-life and, therefore, will not be amortized.

In determining the estimated fair values of net assets acquired and resulting goodwill related to the Cutex International Acquisition, the Company considered, among other factors, the analysis of Cutex International's historical financial performance and an estimate of the future performance of the acquired business, as well as the intended use of the acquired assets. Factors contributing to the purchase price resulting in the recognition of goodwill include the anticipated benefits that the Company expects to achieve through the expansion of its nail product portfolio. Both the intangible assets acquired in the Cutex International Acquisition and goodwill are not deductible for income tax purposes.

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Restructuring and Related Activities [Abstract]

RESTRUCTURING CHARGES

9 Months Ended

Sep. 30, 2016

RESTRUCTURING CHARGES

2015 Efficiency Program

In September 2015, the Company initiated certain restructuring actions to drive certain organizational efficiencies across the Company's Consumer and Professional segments (the "2015 Efficiency Program"). These actions, which commenced during 2015 and are planned to occur through 2017, are expected to reduce general and administrative expenses within the Consumer and Professional segments. Of the $1.5 million of restructuring and related charges recognized in the first nine months of 2016 for the 2015 Efficiency Program, $0.6 million related to the Consumer segment and $0.5 million related to the Professional segment, with the remaining charges included within unallocated corporate expenses. The Company expects to recognize total restructuring and related charges for the 2015 Efficiency Program of $12.0 million by the end of 2017, of which $7.0 million is expected to relate to the Consumer segment, $4.2 million is expected to relate to the Professional segment and the remaining charge relates to unallocated corporate expenses.

A summary of the restructuring and related charges incurred through September 30, 2016 in connection with the 2015 Efficiency Program is presented in the following table:



	Restructuring Charges and Other, Net
	Employee Severance and Other Personnel Benefits		Other		Total Restructuring Charges
Charges incurred through December 31, 2015	$	9.4	$	0.1	$	9.5
Charges incurred in the nine months ended September 30, 2016	0.9		0.6		1.5
Cumulative charges incurred through September 30, 2016	$	10.3	$	0.7	$	11.0
Total expected charges	$	10.3	$	1.7	$	12.0

Of the cumulative $11.0 million of restructuring and related charges recognized through the third quarter of 2016 related to the 2015 Efficiency Program, $6.6 million related to the Consumer segment, $3.7 million related to the Professional segment and the remaining charges related to unallocated corporate expenses.

The Company expects that cash payments will total approximately $12 million in connection with the 2015 Efficiency Program, including $0.2 million for capital expenditures (which capital expenditures are excluded from total restructuring and related charges expected to be recognized for the 2015 Efficiency Program), of which $2.7 million was paid in the nine months ended September 30, 2016 and $2.8 million was paid in 2015. A total of $4.2 million is expected to be paid during the remainder of 2016, with the remaining balance expected to be paid in 2017.

Restructuring Reserve

The related liability balance and activity for each of the Company's restructuring programs are presented in the following table:



							Utilized, Net
	Balance Beginning of Year		(Income) Expense, Net		Foreign Currency Translation		Cash			Non-cash			Balance End of Period
2015 Efficiency Program:
Employee severance and other personnel benefits	$	6.6	$	0.9	$	—	$	(2.3	)	$	—		$	5.2
Other	0.1		0.6		—		(0.4		)	(0.1		)	0.2
Integration Program:^(a)
Employee severance and other personnel benefits	0.8		—		—		(0.8		)	—			—
Other	0.1		—		—		(0.1		)	—			—
December 2013 Program:^(b)
Employee severance and other personnel benefits	1.2		—		—		—			—			1.2
Other	—		—		—		—			—			—
Other immaterial actions:^(c)
Employee severance and other personnel benefits	2.3		2.0		—		(2.8		)	—			1.5
Other	0.7		0.6		—		(0.6		)	—			0.7
Total restructuring reserve	$	11.8	$	4.1	$	—	$	(7.0	)	$	(0.1	)	$	8.8

⁽^a)Following Products Corporation's October 2013 acquisition of The Colomer Group Participations, S.L. ("Colomer" and the "Colomer Acquisition"), the Company implemented actions to integrate Colomer's operations into the Company's business which reduced costs across the Company's businesses and generated synergies and operating efficiencies within the Company's global supply chain and consolidated offices and back office support (all such actions, together, the "Integration Program"). The Integration Program was substantially completed as of December 31, 2015.

^(b)In December 2013, the Company announced restructuring actions that primarily included exiting its direct manufacturing, warehousing and sales business operations in mainland China (the "December 2013 Program"). The December 2013 Program resulted in the elimination of approximately 1,100 positions in 2014, primarily in China.

^(c⁾ Includes $1.8 million in charges related to the program that Elizabeth Arden commenced prior to the Elizabeth Arden Acquisition to further align their organizational structure and distribution arrangements for the purpose of improving its go-to-trade capabilities and execution and to streamline their organization (the "Elizabeth Arden 2016 Business Transformation Program").

At September 30, 2016, $8.8 million of the restructuring reserve balance was included within accrued expenses and other in the Company's Consolidated Balance Sheet. At December 31, 2015, $11.8 million of the restructuring reserve balance was included within accrued expenses in the Company's Consolidated Balance Sheet.

DISCONTINUED OPERATIONS

9 Months Ended

Sep. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

On December 30, 2013, the Company announced that it was implementing the December 2013 Program, which primarily included exiting its direct manufacturing, warehousing and sales business operations in mainland China.

The results of the China discontinued operations are included within Loss from discontinued operations, net of taxes, and relate entirely to the Consumer segment. The summary comparative financial results of discontinued operations are as follows:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Net sales	$	—		$	—		$	—		$	—
Loss from discontinued operations, before taxes	(0.2		)	(1.7		)	(2.3		)	(1.8		)
Provision for income taxes	—			—			—			—
Loss from discontinued operations, net of taxes	(0.2		)	(1.7		)	(2.3		)	(1.8		)

Assets and liabilities of the China discontinued operations included in the Consolidated Balance Sheets consist of the following:



	September 30, 2016		December 31, 2015
Cash and cash equivalents	$	1.7	$	2.0
Trade receivables, net	0.2		0.2
Total current assets	1.9		2.2
Total assets	$	1.9	$	2.2

Accounts payable	$	0.6	$	0.7
Accrued expenses and other	3.4		3.6
Total current liabilities	4.0		4.3
Total liabilities	$	4.0	$	4.3

The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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Goodwill and Intangible Assets Disclosure [Abstract]

INVENTORIES

9 Months Ended

Sep. 30, 2016

Inventory Disclosure [Abstract]

INVENTORIES



	September 30, 2016		December 31, 2015
Raw materials and supplies	$	90.6	$	58.2
Work-in-process	33.2		8.3
Finished goods	395.3		117.3
	$	519.1	$	183.8

GOODWILL AND INTANGIBLE ASSETS, NET

9 Months Ended

Sep. 30, 2016

GOODWILL AND INTANGIBLE ASSETS, NET

Goodwill

The following table presents the changes in goodwill by segment during the nine months ended September 30, 2016:



	Consumer		Professional		Elizabeth Arden		Other			Total
Balance at January 1, 2016	$	210.1	$	240.7	$	—	$	18.9		$	469.7
Goodwill acquired ^(a)	15.1		—		202.0		—			217.1
Foreign currency translation adjustment	—		0.3		—		(2.2		)	(1.9		)
Balance at September 30, 2016	$	225.2	$	241.0	$	202.0	$	16.7		$	684.9

^(a)On May 31, 2016 and September 7, 2016, the Company completed the Cutex International Acquisition and the Elizabeth Arden Acquisition, respectively. See Note 2, "Business Combinations," to the Unaudited Consolidated Financial Statements in this Form 10-Q for details related to the Elizabeth Arden Acquisition and the Cutex International Acquisition.

Intangible Assets, Net

The following tables present details of the Company's total intangible assets:



	September 30, 2016
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible assets:
Trademarks and Licenses	$	187.6	$	(46.1	)	$	141.5
Customer relationships	249.1		(26.2		)	222.9
Patents and Internally-Developed IP	20.4		(5.7		)	14.7
Distribution rights	34.0		(1.0		)	33.0
Other	1.3		—			1.3
Total finite-lived intangible assets	$	492.4	$	(79.0	)	$	413.4

Indefinite-lived intangible assets:
Trade Names	$	244.0	$	—		$	244.0
Total indefinite-lived intangible assets	$	244.0	$	—		$	244.0

Total intangible assets	$	736.4	$	(79.0	)	$	657.4

	December 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible assets:
Trademarks and Licenses	$	145.0	$	(36.0	)	$	109.0
Customer relationships	118.8		(20.5		)	98.3
Patents and Internally-Developed IP	16.8		(4.0		)	12.8
Distribution rights	3.5		(0.6		)	2.9
Total finite-lived intangible assets	$	284.1	$	(61.1	)	$	223.0

Indefinite-lived intangible assets:
Trade Names	$	95.0	$	—		$	95.0
Total indefinite-lived intangible assets	$	95.0	$	—		$	95.0

Total intangible assets	$	379.1	$	(61.1	)	$	318.0

Amortization expense for finite-lived intangible assets was $6.2 million and $6.0 million for the three months ended September 30, 2016 and 2015, respectively. Amortization expense for finite-lived intangible assets was $18.2 million and $16.4 million for the nine months ended September 30, 2016 and 2015, respectively.

The following table reflects the estimated future amortization expense, a portion of which is subject to exchange rate fluctuations, for the Company's finite-lived intangible assets as of September 30, 2016:



	Estimated Amortization Expense
2016	$	8.6
2017	36.1
2018	35.3
2019	32.2
2020	31.2
Thereafter	270.0
Total	$	413.4

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

LONG-TERM DEBT

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

LONG-TERM DEBT



	September 30, 2016			December 31, 2015
2016 Term Loan Facility: 2016 Term Loan due 2023, net of discounts and debt issuance costs (see (i) below)	$	1,750.9		$	—
Amended Term Loan Facility: Acquisition Term Loan due 2019, net of discounts and debt issuance costs ^(a)	—			662.1
Amended Term Loan Facility: 2011 Term Loan due 2017, net of discounts and debt issuance costs ^(a)	—			658.5
2016 Revolving Credit Facility, due 2021 (see (ii) below)	65.4			—
6.25% Senior Notes due 2024, net of debt issuance costs (see (iii) below)	439.2			—
5.75% Senior Notes due 2021, net of debt issuance costs ^(b)	493.5			492.5
Spanish Government Loan due 2025 ^(c)	0.6			0.6
	2,749.6			1,813.7
Less current portion (*)	(83.5		)	(30.0		)
	$	2,666.1		$	1,783.7

(*) At September 30, 2016, the Company classified $83.5 million as the current portion of long-term debt, comprised of $65.4 million outstanding on the 2016 Revolving Credit Facility at September 30, 2016 and $18.0 million of amortization payments on the 2016 Term Loan scheduled to be paid over the next four calendar quarters. At December 31, 2015, the Company classified $30.0 million as the current portion of long-term debt, which was comprised of a $23.2 million required “excess cash flow” prepayment (as defined under the Amended Term Loan Agreement, as hereinafter defined) that was paid on February 29, 2016, and the Company’s regularly scheduled $1.7 million quarterly principal amortization payments (after giving effect to such prepayment) due in 2016.

^(a)

See Note 11, "Long-Term Debt," to the Consolidated Financial Statements in Revlon, Inc.'s 2015 Form 10-K for certain details regarding Products Corporation's Amended Term Loan Agreement as of December 31, 2015, which facility was comprised of: (i) the term loan due November 19, 2017 in the original aggregate amount of $675.0 million (the "2011 Term Loan"); and (ii) the term loan due October 8, 2019 in the original aggregate amount of $700.0 million (the "Acquisition Term Loan") which, respectively, had $651.4 million and $658.6 million in aggregate principal balance outstanding upon their complete refinancing on the September 7, 2016 Elizabeth Arden Acquisition Date (together, the "Amended Term Loan Facility" and the "Amended Term Loan Agreement," respectively). In connection with the Elizabeth Arden Acquisition and related financing transactions, the 2011 Term Loan and Acquisition Term Loan were completely refinanced on the Elizabeth Arden Acquisition Date. See below for 2016 debt related transactions.

^(b)

See Note 11, "Long-Term Debt," to the Consolidated Financial Statements in Revlon, Inc.'s 2015 Form 10-K for certain details regarding Products Corporation's 5.75% Senior Notes that mature on February 15, 2021. The aggregate principal amount outstanding at September 30, 2016 was $500 million. Such notes remain outstanding following the Elizabeth Arden Acquisition and related financing transactions.


^(d)	See Note 11, "Long-Term Debt," to the Consolidated Financial Statements in Revlon, Inc.'s 2015 Form 10-K for certain details regarding the euro-denominated loan payable to the Spanish government that matures on June 30, 2025.

The Company completed several debt transactions during the nine months ended September 30, 2016.

In connection with and substantially concurrently with the closing of the Elizabeth Arden Acquisition, Products Corporation entered into the 2016 Term Loan Facility and the 2016 Revolving Credit Facility (or the Senior Facilities). Additionally, Products Corporation’s 6.25% Senior Notes, which closed on August 4, 2016 (the “6.25% Senior Notes Offering”), were released from escrow (the “Escrow Release”). In connection with entering into the Senior Facilities, Products Corporation maintained on the 2016 Term Loan Facility its existing floating-to-fixed interest rate swap based on a notional amount of $400 million that previously applied to Products Corporation’s Acquisition Term Loan. The proceeds of Products Corporation's 6.25% Senior Notes Offering and the 2016 Term Loan Facility, together with approximately $35.0 million of borrowings under the 2016 Revolving Credit Facility, and approximately $126.7 million of cash on hand, were used to fund the Elizabeth Arden Acquisition (including: (i) repurchasing the entire $350.0 million aggregate principal amount outstanding of the Elizabeth Arden Existing Senior Notes; (ii) repaying the entire $142.0 million aggregate principal amount of borrowings outstanding as of the Acquisition Date under Elizabeth Arden’s $300.0 million revolving credit facility; (iii) repaying the entire $25.0 million aggregate principal amount of borrowings outstanding as of the Acquisition Date under Elizabeth Arden's second lien credit facility; and (iv) retiring $55.0 million liquidation preference of all of the issued and outstanding 50,000 shares of Elizabeth Arden Preferred Stock, which amount includes a $5.0 million change of control premium) and to completely refinance and repay all of the $651.4 million in aggregate principal balance outstanding under Products Corporation’s 2011 Term Loan and $658.6 million in aggregate principal balance outstanding under Products Corporation’s Acquisition Term Loan. The Company did not incur any material early termination penalties in connection with repaying such facilities.

(i) 2016 Term Loan Facility

Principal and Maturity: On the Acquisition Date, Products Corporation entered into the 2016 Term Loan Agreement, for which Citibank, N.A. acts as administrative and collateral agent and which has an initial aggregate principal amount of $1,800.0 million and will mature on the earlier of (x) the seventh anniversary of the Closing Date and (y) the 91st day prior to the maturity of Products Corporation’s 5.75% Senior Notes due 2021 (the “5.75% Senior Notes”) if, on that date (and solely for so long as), (i) any of Products Corporation's 5.75% Senior Notes remain outstanding and (ii) Products Corporation’s available liquidity does not exceed the aggregate principal amount of the then outstanding 5.75% Senior Notes by at least $200.0 million. The loans under the 2016 Term Loan Facility were borrowed at an original issue discount of 0.5% to their principal amount. The 2016 Term Loan Facility may be increased by an amount equal to the sum of (x) the greater of $450.0 million and 90% of Products Corporation’s pro forma consolidated EBITDA, plus (y) an unlimited amount to the extent that (1) the first lien leverage ratio (defined as the ratio of Products Corporation’s net senior secured funded debt that is not junior or subordinated to the liens of the Senior Facilities to EBITDA) is less than or equal to 3.5 to 1.0 (for debt secured pari passu with the 2016 Term Loan Facility) or (2) the secured leverage ratio (defined as the ratio of Products Corporation’s net senior secured funded debt to EBITDA) is less than or equal to 4.25 to 1.0 (for junior lien or unsecured debt), plus (z) up to an additional $400.0 million if the 2016 Revolving Credit Facility has been repaid and terminated.

Guarantees and Security: Products Corporation and the restricted subsidiaries under the 2016 Term Loan Facility, which include Products Corporation’s domestic subsidiaries, including Elizabeth Arden and its domestic subsidiaries (collectively, the “Restricted Group”), are subject to the covenants under the 2016 Term Loan Agreement. The 2016 Term Loan Facility is guaranteed by each existing and future direct or indirect wholly-owned domestic restricted subsidiary of Products Corporation (subject to various exceptions), as well as by Revlon, on a limited recourse basis. The obligations of Revlon, Products Corporation and the subsidiary guarantors under the 2016 Term Loan Facility are secured by pledges of the equity of Products Corporation held by Revlon and the equity of the Restricted Group held by Products Corporation and each subsidiary guarantor (subject to certain exceptions, including equity of first-tier foreign subsidiaries in excess of 65% of the voting equity interests of such entity) and by substantially all tangible and intangible personal and real property of Products Corporation and the subsidiary guarantors (subject to certain exclusions). The obligors and guarantors under the 2016 Term Loan Facility and the 2016 Revolving Credit Facility are identical. The liens securing the 2016 Term Loan Facility on the accounts, inventory, equipment, chattel paper, documents, instruments, deposit accounts, real estate and investment property and general intangibles (other than intellectual property) related thereto (the “Revolving Facility Collateral”) rank second in priority to the liens thereon securing the 2016 Revolving Credit Facility. The liens securing the 2016 Term Loan Facility on all other property, including capital stock, intellectual property and certain other intangible property (the “Term Loan Collateral”), rank first in priority to the liens thereon securing the 2016 Revolving Credit Facility, while the liens thereon securing the 2016 Revolving Credit Facility rank second in priority to the liens thereon securing the 2016 Term Loan Facility.

Interest and Fees: Interest accrues on term loans under the 2016 Term Loan Facility at a rate per annum of Adjusted LIBOR (which has a floor of 0.75%) plus a margin of 3.50% or an alternate base rate plus a margin of 2.50%, at Products Corporation’s option, and is payable quarterly, at a minimum. Products Corporation is obligated to pay certain fees and expenses in connection with the 2016 Term Loan Facility.

Affirmative and Negative Covenants: The 2016 Term Loan Agreement contains certain affirmative and negative covenants that, among other things, limit the Restricted Group’s ability to: (i) incur additional debt; (ii) incur liens; (iii) sell, transfer or dispose of assets; (iv) make investments; (v) make dividends and distributions on, or repurchases of, equity; (vi) make prepayments of contractually subordinated or junior lien debt; (vii) enter into certain transactions with their affiliates; (viii) enter into sale-leaseback transactions; (ix) change their lines of business; (x) restrict dividends from their subsidiaries or restrict liens; (xi) change their fiscal year; and (xii) modify the terms of certain debt. The negative covenants are subject to various exceptions, including an “available amount basket” based on 50% of Products Corporation’s cumulative consolidated net income, plus a “starter” basket of $200.0 million, subject to Products Corporation’s compliance with a 5.0 to 1.0 ratio of Products Corporation’s net debt to Consolidated EBITDA (as defined in the 2016 Term Loan Agreement), except such compliance is not required when such baskets are used to make investments. While the 2016 Term Loan Agreement contains certain customary representations, warranties and events of default, it does not contain any financial maintenance covenants.

Prepayments: The 2016 Term Loan Facility is subject to mandatory prepayments from: (i) the net proceeds from the issuance by Products Corporation or any of its restricted subsidiaries of certain additional debt; (ii) commencing with the excess cash flow calculation with respect to fiscal year ending December 31, 2017, 50% of excess cash flow, with step-downs to 25% and 0% upon achievement of certain first lien leverage ratios and reduced by voluntary prepayments of loans under the 2016 Term Loan Facility and revolving loans under the 2016 Revolving Credit Facility to the extent commitments thereunder are permanently reduced; and (iii) asset sale proceeds of certain non-ordinary course asset sales or other dispositions of property that have not been reinvested to the extent in excess of certain minimum amounts. Products Corporation may voluntarily prepay the 2016 Term Loan Facility without premium or penalty unless Products Corporation prepays a term loan within six months after the Closing Date in connection with a repricing transaction (in which case a 1.00% premium is payable).

During the third quarter of 2016, the Company incurred approximately $45.0 million of fees and expenses in connection with the 2016 Term Loan Facility, of which $39.1 million were capitalized and are being amortized over the remaining term of the 2016 Term Loan Credit Agreement using the effective interest method. The Company expensed the remaining $5.9 million of fees and expenses and wrote-off $10.9 million of unamortized debt discount and deferred financing costs related to the 2011 Term Loan and the Acquisition Term Loan. These amounts, totaling $16.8 million, were recognized within loss on early extinguishment of debt in the Company’s Consolidated Statements of Operations and Comprehensive Income for the three and nine months ended September 30, 2016.

(ii) 2016 Revolving Credit Facility

Principal and Maturity: On the Closing Date, Products Corporation entered into the 2016 Revolving Credit Agreement, for which Citibank, N.A. acts as administrative agent and collateral agent. The 2016 Revolving Credit Facility has an initial maximum availability of $400.0 million (with a $100.0 million sublimit for letters of credit and up to $70.0 million available for swing line loans), which availability is subject to the amount of the borrowing base. The 2016 Revolving Credit Facility may be increased by the greater of (x) $50.0 million and (y) the excess of the borrowing base over the amounts of then-effective commitments. The 2016 Revolving Credit Facility permits certain non-U.S. subsidiaries to borrow in local currencies. The borrowing base calculation under the 2016 Revolving Credit Facility is based on the sum of: (i) 85% of eligible accounts receivable; (ii) the lesser of 85% of the net orderly liquidation value and a percentage of the value specified in respect of different types of eligible inventory; (iii) qualified restricted cash (capped at $75.0 million); and (iv) a temporary increase amount between August 15 and October 31 of each year, which are collectively subject to certain availability reserves set by the administrative agent. The 2016 Revolving Credit Facility will mature on the earlier of (x) the fifth anniversary of the Closing Date and (y) the 91st day prior to the maturity of Products Corporation’s 5.75% Senior Notes if, on that date (and solely for so long as), (i) any of Products Corporation’s 5.75% Senior Notes remain outstanding and (ii) Products Corporation’s available liquidity does not exceed the aggregate principal amount of the then outstanding 5.75% Senior Notes by at least $200.0 million.

Guarantees and Security: The Restricted Group under the 2016 Revolving Credit Agreement (which is the same as the Restricted Group under the 2016 Term Loan Agreement) is subject to the covenants under the 2016 Revolving Credit Agreement. The 2016 Revolving Credit Facility is guaranteed by each existing and future direct or indirect wholly-owned domestic restricted subsidiary of Products Corporation (subject to various exceptions), as well as by Revlon on a limited recourse basis. The obligations of Revlon, Products Corporation and the subsidiary guarantors under the 2016 Revolving Credit Facility are secured by pledges of the equity of Products Corporation held by Revlon and the equity of Products Corporation’s restricted subsidiaries held by Products Corporation and each subsidiary guarantor (subject to certain exceptions, including equity of first-tier foreign subsidiaries in excess of 65% of the voting equity interests of such entity) and by substantially all tangible and intangible personal and real property of Products Corporation and the subsidiary guarantors (subject to certain exclusions). The obligors and guarantors under the 2016 Revolving Credit Facility and the 2016 Term Loan Facility are identical. The liens on the 2016 Revolving Facility Collateral securing the 2016 Revolving Credit Facility rank first in priority to the liens thereon securing the 2016 Term Loan Facility, which rank second in priority on such collateral. The liens on the Term Loan Collateral securing the 2016 Revolving Credit Facility rank second in priority to the liens thereon securing the 2016 Term Loan Facility, which rank first in priority on such collateral.

Interest and Fees: Interest is payable quarterly and accrues on borrowings under the 2016 Revolving Credit Facility at a rate per annum equal to either: (i) the alternate base rate plus an applicable margin equal to 0.25%, 0.50% or 0.75% depending on the average excess availability (based on the borrowing base as most recently reported by Products Corporation to the administrative agent from time to time); or (ii) the Eurocurrency rate plus an applicable margin equal to 1.25%, 1.50% or 1.75% depending on the average excess availability (based on the borrowing base as most recently reported by Products Corporation to the administrative agent from time to time), at Products Corporation’s option. The applicable margin decreases as average excess availability under the 2016 Revolving Credit Facility increases. Products Corporation is obligated to pay certain fees and expenses in connection with the 2016 Revolving Credit Facility, including a commitment fee for any unused amounts of 0.25%. Loans under the 2016 Revolving Credit Facility may be prepaid without premium or penalty.

Affirmative and Negative Covenants: The 2016 Revolving Credit Agreement contains affirmative and negative covenants that are similar to those in the 2016 Term Loan Agreement, other than the “available amount basket” (as described above in the description of the 2016 Term Loan Facility); provided, however, under the 2016 Revolving Credit Agreement the Restricted Group will be able to incur unlimited additional junior secured debt and unsecured debt, make unlimited asset sales and dispositions, make unlimited investments and acquisitions, prepay junior debt and make unlimited restricted payments to the extent that certain “payment conditions” for asset-based credit facilities are satisfied. The 2016 Revolving Credit Agreement contains certain customary representations, warranties and events of default. If Products Corporation’s “Liquidity Amount” (defined in the 2016 Revolving Credit Agreement as the Borrowing Base less the sum of (x) the aggregate outstanding extensions of credit under the 2016 Revolving Credit Facility, and (y) any availability reserve in effect on such date) falls below the greater of $35.0 million and 10% of the maximum availability under the 2016 Revolving Credit Facility (a “Liquidity Event Period”), then the Restricted Group will be required to maintain a consolidated fixed charge coverage ratio (the ratio of Products Corporation’s EBITDA minus capital expenditures to cash interest expense for such period) of a minimum of 1.0 to 1.0 until the first date after 20 consecutive business days for which the Liquidity Amount is equal to or greater than such threshold. If Products Corporation is in default under the consolidated fixed charge coverage ratio under the 2016 Revolving Credit Agreement, Products Corporation may cure such default by issuing certain equity securities to, or receiving capital contributions from Revlon and applying such cash, which is deemed to increase EBITDA for the purpose of calculating the applicable ratio. Products Corporation may exercise this cure right no more than two times in any four-quarter period, and no more than five times in total during the term of the 2016 Revolving Credit Facility.

Prepayments: Products Corporation must prepay borrowings under the 2016 Revolving Credit Facility to the extent that outstanding loans and letters of credit exceed availability. During a Liquidity Event Period, the administrative agent may apply amounts collected in controlled accounts for the repayment of loans under the 2016 Revolving Credit Facility. Copies of the 2016 Revolving Credit Agreement and other ancillary agreements governing the 2016 Revolving Credit Facility and the related security and collateral agreements are filed as Exhibits 10.4, 10.7, 10.8 and 10.9 hereto and are incorporated herein by reference in their entirety. The above descriptions of the terms of the 2016 Revolving Credit Facility and the related security and collateral agreements are qualified in their entirety by reference to such agreements.

During the third quarter of 2016, the Company incurred approximately $5.7 million of fees and expenses in connection with the 2016 Revolving Credit Facility, of which $5.6 million were capitalized and are being amortized over the remaining term of the 2016 Revolving Credit Facility using the effective interest method. The Company expensed the remaining $0.1 million of fees and expenses, which were recognized within loss on early extinguishment of debt in the Company’s Consolidated Statements of Operations and Comprehensive Income for the three and nine months ended September 30, 2016.

(iii) 6.25% Senior Notes

On August 4, 2016, Revlon Escrow Corporation (the “Escrow Issuer”), which on such date was a wholly owned subsidiary of Products Corporation, completed its offering (the “Offering”), pursuant to an exemption from registration under the Securities Act of 1933 (as amended, the “Securities Act”), of $450.0 million aggregate principal amount of 6.25% Senior Notes due 2024. The 6.25% Senior Notes are unsecured and were initially issued by the Escrow Issuer to the initial purchasers under an Indenture, dated as of August 4, 2016 (the “6.25% Senior Notes Indenture”), between the Escrow Issuer and U.S. Bank National Association, as trustee (the “Trustee”). The 6.25% Senior Notes mature on August 1, 2024. Interest on the 6.25% Senior Notes accrues at 6.25% per annum, paid every six months through maturity on each February 1 and August 1, beginning on February 1, 2017. As described above, the 6.25% Senior Notes were released from Escrow on the September 7, 2016 Acquisition Date. On the Acquisition Date, the Escrow Issuer was merged with and into Products Corporation and in connection with the Escrow Release, Products Corporation and certain of its direct and indirect wholly-owned domestic subsidiaries, including Elizabeth Arden and certain of its subsidiaries (collectively, the “Guarantors”), and the Trustee entered into a supplemental indenture (the “Supplemental Indenture”) to the 6.25% Senior Notes Indenture, pursuant to which Products Corporation assumed the obligations of the Escrow Issuer under the 6.25% Senior Notes and the 6.25% Senior Notes Indenture and the Guarantors jointly and severally, fully and unconditionally guaranteed the 6.25% Senior Notes on a senior unsecured basis. The Guarantors are the same entities that are subsidiary guarantors under the 2016 Term Loan Facility and the 2016 Revolving Credit Facility.

Ranking: The 6.25% Senior Notes are Products Corporation’s senior, unsubordinated and unsecured obligations, ranking: (i) pari passu in right of payment with all of Products Corporation’s existing and future senior unsecured indebtedness; (ii) senior in right of payment to all of Products Corporation’s and the Guarantors’ future subordinated indebtedness; and (iii) effectively junior to all of Products Corporation’s and the Guarantors’ existing and future senior secured indebtedness, including, indebtedness under Products Corporation’s new Senior Facilities, to the extent of the value of the assets securing such indebtedness. The 6.25% Senior Notes and the Guarantees are: (i) structurally subordinated to all of the liabilities and preferred stock of any of the Company’s subsidiaries that do not guarantee the 6.25% Senior Notes; and (ii) pari passu in right of payment with liabilities of the Guarantors other than expressly subordinated indebtedness.

Optional Redemption: Prior to August 1, 2019, Products Corporation may redeem the 6.25% Senior Notes at its option, at any time as a whole or from time to time in part, upon Products Corporation’s payment of an applicable make-whole premium based on the comparable treasury rate plus 50 basis points. Prior to August 1, 2019, up to 40% of the aggregate principal amount of 6.25% Senior Notes that have been issued may also be redeemed at Products Corporation’s option at any time as a whole or from time to time in part, at a redemption price equal to 106.250% of the principal amount thereof, plus accrued and unpaid interest to (but not including) the date of redemption with the proceeds of certain equity offerings and capital contributions (so long as at least 60% of the 6.25% Senior Notes that have been issued thereafter remain outstanding). On and after August 1, 2019, Products Corporation may redeem the 6.25% Senior Notes at its option, at any time as a whole, or from time to time in part, at the following redemption prices (expressed as percentages of principal amount), plus accrued interest to (but not including) the date of redemption, if redeemed during the 12-month period beginning on August 1 of the years indicated below:



Period	Optimal Redemption Premium Percentage
2019	104.688	%
2020	103.125	%
2021	101.563	%
2022 and thereafter	100.000	%

All redemptions (and notices thereof) may be subject to various conditions precedent, and redemption dates specified in such notices may be extended so that such conditions precedent may be fulfilled (to the extent redemption on such dates is otherwise permitted by the 6.25% Senior Notes Indenture).

Change of Control: Upon the occurrence of specified change of control events, Products Corporation is required to make an offer to purchase all of the 6.25% Senior Notes at a purchase price of 101% of the outstanding principal amount of the 6.25% Senior Notes as of the date of any such repurchase, plus accrued and unpaid interest to (but not including) the date of repurchase.

Certain Covenants: The 6.25% Senior Notes Indenture imposes certain limitations on Products Corporation’s and the Guarantors’ ability, and the ability of certain other subsidiaries, to: (i) incur or guarantee additional indebtedness or issue preferred stock; (ii) pay dividends, make certain investments and make repayments on indebtedness that is subordinated in right of payment to the 6.25% Senior Notes and make other “restricted payments”; (iii) create liens on their assets to secure debt; (iv) enter into transactions with affiliates; (v) merge, consolidate or amalgamate with another company; (vi) transfer and sell assets; and (vii) permit restrictions on the payment of dividends by Products Corporation's subsidiaries.

These covenants are subject to important qualifications and exceptions. The 6.25% Senior Notes Indenture also contains customary affirmative covenants and events of default. In addition, if during any period of time the 6.25% Senior Notes receive investment grade ratings from both Standard & Poor’s and Moody’s Investors Services, Inc. and no default or event of default has occurred and is continuing under the 6.25% Senior Notes Indenture, Products Corporation and its subsidiaries will not be subject to the covenants regarding limitations on debt, limitations on restricted payments, limitation on guarantees by restricted subsidiaries, limitation on transactions with affiliates, certain provisions of the successor company covenant, limitation on asset sales and limitation on dividends from restricted subsidiaries.

During the third quarter of 2016, the Company incurred approximately $10.9 million of fees and expenses in connection with the 6.25% Senior Notes, of which $10.9 million were capitalized and are being amortized over the remaining term of the 6.25% Senior Notes using the effective interest method.

Amended Term Loan Facility - Excess Cash Flow Payment

On February 29, 2016, Products Corporation prepaid $23.2 million of indebtedness, representing 50% of its 2015 “excess cash flow” as defined under the then existing Amended Term Loan Agreement, in accordance with the terms of its Amended Term Loan Facility. The prepayment was applied on a ratable basis between the principal amounts outstanding under the 2011 Term Loan and the Acquisition Term Loan. The amount of the prepayment that was applied to the 2011 Term Loan reduced the principal amount outstanding by $11.5 million to $651.4 million (as all amortization payments under the 2011 Term Loan had been paid). The $11.7 million that was applied to the Acquisition Term Loan reduced Products Corporation's future annual amortization payments under the Acquisition Term Loan on a ratable basis from $6.9 million prior to the prepayment to $6.8 million after giving effect to the prepayment and through its maturity on October 8, 2019.

Covenants

Products Corporation was in compliance with all applicable covenants under the 2016 Term Loan and the 2016 Revolving Credit Facility as of September 30, 2016. At September 30, 2016, the aggregate principal amounts outstanding under the 2016 Term Loan and the 2016 Revolving Credit Facility were $1,800.0 million and $65.4 million, respectively, and availability under the $400.0 million 2016 Revolving Credit Facility, based upon the calculated borrowing base of $300.0 million less $10.5 million of outstanding undrawn letters of credit, $16.2 million of outstanding checks and $65.4 million then drawn on the 2016 Revolving Credit Facility, was $207.9 million.

Products Corporation was in compliance with all applicable covenants under its 6.25% Senior Notes Indenture as of September 30, 2016. Products Corporation was in compliance with all applicable covenants under its 5.75% Senior Notes Indenture as of September 30, 2016 and December 31, 2015.

FAIR VALUE MEASUREMENTS

9 Months Ended

Sep. 30, 2016

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENTS

Assets and liabilities are required to be categorized into three levels of fair value based upon the assumptions used to price the assets or liabilities. Level 1 provides the most reliable measure of fair value, whereas Level 3, if applicable, generally would require significant management judgment. The three levels for categorizing the fair value measurement of assets and liabilities are as follows:


•	Level 1: Fair valuing the asset or liability using observable inputs, such as quoted prices in active markets for identical assets or liabilities;


•	Level 2: Fair valuing the asset or liability using inputs other than quoted prices that are observable for the applicable asset or liability, either directly or indirectly, such as quoted prices for similar (as opposed to identical) assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active; and


•	Level 3: Fair valuing the asset or liability using unobservable inputs that reflect the Company’s own assumptions regarding the applicable asset or liability.

As of September 30, 2016, the fair values of the Company’s financial assets and liabilities that are required to be measured at fair value are categorized in the table below:



	Total		Level 1		Level 2		Level 3
Assets:
Derivatives:
FX Contracts^(a)	$	1.4	$	—	$	1.4	$	—
Total assets at fair value	$	1.4	$	—	$	1.4	$	—
Liabilities:
Derivatives:
FX Contracts^(a)	$	3.1	$	—	$	3.1	$	—
2013 Interest Rate Swap^(b)	6.3		—		6.3		—
Total liabilities at fair value	$	9.4	$	—	$	9.4	$	—

As of December 31, 2015, the fair values of the Company’s financial assets and liabilities that are required to be measured at fair value are categorized in the table below:



	Total		Level 1		Level 2		Level 3
Assets:
Derivatives:
FX Contracts^(a)	$	2.0	$	—	$	2.0	$	—
Total assets at fair value	$	2.0	$	—	$	2.0	$	—
Liabilities:
Derivatives:
FX Contracts^(a)	$	0.6	$	—	$	0.6	$	—
2013 Interest Rate Swap^(b)	$	6.5	$	—	$	6.5	$	—
Total liabilities at fair value	$	7.1	$	—	$	7.1	$	—


^(a)	The fair value of the Company’s foreign currency forward exchange contracts ("FX Contracts") was measured based on observable market transactions for similar transactions in actively quoted markets of spot and forward rates on the respective dates. See Note 10, “Financial Instruments," to the Unaudited Consolidated Financial Statements in this Form 10-Q.


^(b)	The fair value of Products Corporation's 2013 Interest Rate Swap (as hereinafter defined) was measured based on the implied forward rates from the U.S. Dollar three-month LIBOR yield curve on the respective dates. See Note 10, “Financial Instruments.”

As of September 30, 2016, the fair values and carrying values of the Company’s long-term debt, including the current portion of long-term debt, are categorized in the table below:



	Fair Value
	Level 1		Level 2		Level 3		Total		Carrying Value
Liabilities:
Long-term debt, including current portion	$	—	$	2,842.9	$	—	$	2,842.9	$	2,749.6

As of December 31, 2015, the fair values and carrying values of the Company’s long-term debt, including the current portion of long-term debt, are categorized in the table below:



	Fair Value
	Level 1		Level 2		Level 3		Total		Carrying Value
Liabilities:
Long-term debt, including current portion	$	—	$	1,818.0	$	—	$	1,818.0	$	1,813.7

The fair value of the Company's long-term debt, including the current portion of long-term debt, is based on quoted market prices for similar issues and maturities.

The carrying amounts of cash and cash equivalents, trade receivables, notes receivable, accounts payable and short-term borrowings approximate their respective fair values.

Derivative Instruments and Hedging Activities Disclosure [Abstract]

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

FINANCIAL INSTRUMENTS

9 Months Ended

Sep. 30, 2016

FINANCIAL INSTRUMENTS

Products Corporation maintains standby and trade letters of credit for various corporate purposes under which Products Corporation is obligated, of which $10.5 million and $8.8 million (including amounts available under credit agreements in effect at that time) were maintained at September 30, 2016 and December 31, 2015, respectively. Included in these amounts are approximately $7.2 million and $7.5 million at September 30, 2016 and December 31, 2015, respectively, in standby letters of credit that support Products Corporation’s self-insurance programs. The estimated liability under such programs is accrued by Products Corporation.

Derivative Financial Instruments

The Company uses derivative financial instruments, primarily: (i) FX Contracts, intended for the purpose of managing foreign currency exchange risk by reducing the effects of fluctuations in foreign currency exchange rates on the Company’s net cash flows; and (ii) interest rate hedging transactions, such as the 2013 Interest Rate Swap referred to below, intended for the purpose of managing interest rate risk associated with Products Corporation’s variable rate indebtedness.

Foreign Currency Forward Exchange Contracts

The FX Contracts are entered into primarily to hedge the anticipated net cash flows resulting from inventory purchases and intercompany payments denominated in currencies other than the local currencies of the Company’s foreign and domestic operations and generally have maturities of less than one year.

The U.S. Dollar notional amount of the FX Contracts outstanding at September 30, 2016 and December 31, 2015 was $122.8 million and $76.3 million, respectively.

Interest Rate Swap Transaction

In November 2013, Products Corporation executed a forward-starting floating-to-fixed interest rate swap transaction with a 1.00% floor, based on a notional amount of $400 million in respect of indebtedness under the Acquisition Term Loan over a period of three years (the "2013 Interest Rate Swap"). In connection with entering into the 2016 Term Loan Facility, the 2013 Interest Swap was carried over to apply to a notional amount of $400 million in respect of indebtedness under such loan for the remaining balance of the term of such swap. The Company designated the 2013 Interest Rate Swap as a cash flow hedge of the variability of the forecasted three-month LIBOR interest rate payments related to the $400 million notional amount under the Acquisition Term Loan over the three-year term of the 2013 Interest Rate Swap (and subsequently to the $400 million notional amount under the 2016 Term Loan Facility for the remaining balance of the term of such swap). Products Corporation receives from the counterparty a floating interest rate based on the higher of three-month USD LIBOR or 1.00%, while paying a fixed interest rate payment to the counterparty equal to 2.0709% (which, with respect to the 2016 Term Loan Facility, effectively fixes the interest rate on such notional amount at 5.5709% over the remaining balance of the three-year term of the 2013 Interest Rate Swap). At September 30, 2016 the fair value of the 2013 Interest Rate Swap was $(6.3) million and the accumulated loss recorded in accumulated other comprehensive loss was $3.7 million after-tax.

As a result of completely refinancing the Acquisition Term Loan with the 2016 Term Loan Facility in connection with the Elizabeth Arden Acquisition, the critical terms of the 2013 Interest Rate Swap no longer match the terms of the underlying debt under the 2016 Term Loan Facility. At the refinancing date, or September 7, 2016 (the "Dedesignation Date"), the 2013 Interest Rate Swap was determined to no longer be highly effective and the Company discontinued hedge accounting for the 2013 Interest Rate Swap. Following the dedesignation of the 2013 Interest Rate Swap, changes in fair value will be accounted for as a component of other non-operating expenses. Accumulated deferred losses of $6.3 million, or $3.9 million after-tax, at the Dedesignation Date that were previously recorded as a component of accumulated other comprehensive loss will be amortized to net income over the remaining term of the 2013 Interest Rate Swap through its maturity. See "Quantitative Information – Derivative Financial Instruments" below).

The Company expects that $2.4 million of the after-tax deferred net losses related to the 2013 Interest Rate Swap will be amortized into earnings over the next 12 months.

Credit Risk

Exposure to credit risk in the event of nonperformance by any of the counterparties is limited to the gross fair value of the derivative instruments in asset positions, which totaled $1.4 million and $2.0 million as of September 30, 2016 and December 31, 2015, respectively. The Company attempts to minimize exposure to credit risk by generally entering into derivative contracts with counterparties that have investment-grade credit ratings and are major financial institutions. The Company also periodically monitors any changes in the credit ratings of its counterparties. Given the current credit standing of the Company's counterparties to its derivative instruments, the Company believes that the risk of loss under these derivative instruments arising from any non-performance by any of the counterparties is remote.

Quantitative Information – Derivative Financial Instruments

The effects of the Company’s derivative instruments on its Consolidated Financial Statements were as follows:


(a)	Fair Values of Derivative Financial Instruments in the Consolidated Balance Sheets:



	Fair Values of Derivative Instruments
	Assets					Liabilities
	Balance Sheet	September 30, 2016		December 31, 2015		Balance Sheet	September 30, 2016		December 31, 2015
	Classification	Fair Value		Fair Value		Classification	Fair Value		Fair Value
Derivatives designated as hedging instruments:
2013 Interest Rate Swap⁽ⁱ⁾	Prepaid expenses and other	$	—	$	—	Accrued expenses and other	$	—	$	4.0
	Other assets	—		—		Other long-term liabilities	—		2.5
Derivatives not designated as hedging instruments:
FX Contracts⁽ⁱⁱ⁾	Prepaid expenses and other	$	1.4	$	2.0	Accrued Expenses	$	3.1	$	0.6
2013 Interest Rate Swap⁽ⁱ⁾	Prepaid expenses and other	$	—	$	—	Accrued expenses and other	$	4.0	$	—
	Other assets	$	—	$	—	Other long-term liabilities	$	2.3	$	—

⁽ⁱ⁾ The fair values of the 2013 Interest Rate Swap at September 30, 2016 and December 31, 2015 were measured based on the implied forward rates from the U.S. Dollar three-month LIBOR yield curve at September 30, 2016 and December 31, 2015, respectively.

⁽ⁱⁱ⁾ The fair values of the FX Contracts at September 30, 2016 and December 31, 2015 were measured based on observable market transactions of spot and forward rates at September 30, 2016 and December 31, 2015, respectively.

(b) Effects of Derivative Financial Instruments on the Consolidated Statements of Operations and Comprehensive Income for the three and nine months ended September 30, 2016 and 2015:



	Amount of Gain (Loss) Recognized in Other Comprehensive Income
	Three Months Ended September 30,					Nine Months Ended September 30,
	2016		2015			2016		2015
Derivatives designated as hedging instruments:
2013 Interest Rate Swap, net of tax ^(a)	$	0.8	$	(0.7	)	$	0.1	$	(2.7	)


^(a)	Net of tax expense (benefit) of $0.5 million and ($0.5 million) for the three months ended September 30, 2016 and 2015, respectively, and $0.1 million and ($1.7 million) for the nine months ended September 30, 2016 and 2015, respectively.



	Income Statement Classification	Amount of Gain (Loss) Recognized in Net Income
		Three Months Ended September 30,						Nine Months Ended September 30,
		2016			2015			2016			2015
Derivatives designated as hedging instruments:
2013 Interest Rate Swap	Interest Expense	$	(1.0	)	$	(1.0	)	$	(3.2	)	$	(1.5	)
Derivatives not designated as hedging instruments:
FX Contracts	Foreign currency gain (loss), net	$	(0.3	)	$	2.3		$	(0.8	)	$	3.2
2013 Interest Rate Swap	Miscellaneous, net	—			—			—			—

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Compensation and Retirement Disclosure [Abstract]

PENSION AND POST-RETIREMENT BENEFITS

9 Months Ended

Sep. 30, 2016

PENSION AND POST-RETIREMENT BENEFITS

The components of net periodic benefit (income) costs for the Company’s pension and the other post-retirement benefit plans for the third quarter of 2016 and 2015 are as follows:



	Pension Plans						Other Post-Retirement Benefit Plans
	Three Months Ended September 30,
	2016			2015			2016		2015
Net periodic benefit (income) costs:
Service cost	$	0.1		$	0.2		$	—	$	—
Interest cost	5.2			7.2			0.1		0.1
Expected return on plan assets	(7.7		)	(10.0		)	—		—
Amortization of actuarial loss	2.2			2.2			—		—
	(0.2		)	(0.4		)	0.1		0.1
Portion allocated to Revlon Holdings	—			—			—		—
	$	(0.2	)	$	(0.4	)	$	0.1	$	0.1

The components of net periodic benefit (income) costs for the Company's pension and the other post-retirement benefit plans for the first nine months of 2016 and 2015 are as follows:



	Pension Plans						Other Post-Retirement Benefit Plans
	Nine Months Ended September 30,
	2016			2015			2016		2015
Net periodic benefit (income) costs:
Service cost	$	0.4		$	0.6		$	—	$	—
Interest cost	15.5			21.5			0.3		0.3
Expected return on plan assets	(23.3		)	(30.3		)	—		—
Amortization of actuarial loss	6.6			6.3			0.1		0.1
	(0.8		)	(1.9		)	0.4		0.4
Portion allocated to Revlon Holdings	(0.1		)	(0.1		)	—		—
	$	(0.9	)	$	(2.0	)	$	0.4	$	0.4

In the three and nine months ended September 30, 2016, the Company recognized net periodic benefit income of $0.1 million and $0.5 million, respectively, compared to net periodic benefit income of $0.3 million and $1.6 million in the three and nine months ended September 30, 2015, primarily due to the lower expected return on plan assets, partially offset by lower interest cost as a result of the Company's adoption of the alternative approach to calculating the service and interest components of net periodic benefit cost for pension and other post-retirement benefits (the “full yield curve” approach) which was adopted by the Company at December 31, 2015.

Net periodic benefit costs (income) are reflected in the Company's Consolidated Financial Statements as follows:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Net periodic benefit (income) costs:
Cost of sales	$	(0.6	)	$	(1.0	)	$	(1.9	)	$	(3.0	)
Selling, general and administrative expense	0.5			0.7			1.4			1.4
	$	(0.1	)	$	(0.3	)	$	(0.5	)	$	(1.6	)

The Company expects that it will have net periodic benefit income of approximately $1 million for its pension and other post-retirement benefit plans for all of 2016, compared with net periodic benefit cost of $2.0 million in 2015.

During the third quarter of 2016, $2.2 million and $0.2 million were contributed to the Company’s pension plans and other post-retirement benefit plans, respectively. During the first nine months of 2016, $5.3 million and $0.7 million were contributed to the Company’s pension plans and other post-retirement benefit plans, respectively. During 2016, the Company expects to contribute approximately $10 million in the aggregate to its pension and other post-retirement benefit plans.

Relevant aspects of the qualified defined benefit pension plans, nonqualified pension plans and other post-retirement benefit plans sponsored by Products Corporation are disclosed in Note 14, "Savings Plan, Pension and Post-Retirement Benefits," to the Consolidated Financial Statements in Revlon, Inc.'s 2015 Form 10-K.

INCOME TAXES	9 Months Ended
INCOME TAXES	Sep. 30, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The provision for income taxes represents federal, foreign, state and local income taxes. The effective tax rate differs from the applicable federal statutory rate due to the effect of state and local income taxes, tax rates and income in foreign jurisdictions, utilization of tax loss carryforwards, foreign earnings taxable in the U.S., non-deductible expenses and other items. The Company’s tax provision changes quarterly based on various factors including, but not limited to, the geographical mix of earnings, enacted tax legislation, foreign, state and local income taxes, tax audit settlements and the interaction of various global tax strategies. In addition, changes in judgment from the evaluation of new information resulting in the recognition, derecognition and/or remeasurement of a tax position taken in a prior period are recognized in the quarter in which any such change occurs. For the third quarter of 2016 and 2015, the Company recorded a (benefit from) provision for income taxes of $(0.4) million and $24.6 million, respectively. The $25.0 million decrease in the provision for income taxes was primarily due to lower pre-tax income and the phasing of the recognition of income taxes, as well as the favorable impact of certain discrete items realized in the third quarter of 2015 that did not reoccur in the third quarter of 2016. For the first nine months of 2016 and 2015, the Company recorded a provision for income taxes of $16.0 million and $53.8 million, respectively. The $37.8 million decrease in the provision for income taxes was primarily due to lower pre-tax income and the phasing of the recognition of income taxes, as well as the favorable impact of certain discrete items realized in the first nine months of 2015 that did not reoccur in the first nine months of 2016. The Company's effective tax rate for the three months ended September 30, 2016 differed than the federal statutory rate of 35% as a result of non-deductible acquisition costs, certain dividends and earnings taxable in the U.S., and state and local taxes, partially offset by the foreign and U.S. effects attributable to operations outside the U.S. The Company's effective tax rate for the nine months ended September 30, 2016 was higher than the federal statutory rate of 35% as a result of certain foreign dividends and earnings taxable in the U.S. and state and local taxes. The Company remains subject to examination of its income tax returns including, without limitation: Australia for tax years ended December 31, 2011 through December 31, 2014; South Africa and the U.K. for tax years ended December 31, 2012 through December 31, 2014; and Canada, Spain and the U.S. (federal) for tax years ended December 31, 2012 through December 31, 2015. Elizabeth Arden remains subject to examination of its income tax returns in various jurisdictions including, without limitation, U.S. (federal) for the fiscal years ended June 30, 2010 through June 30, 2015. The Internal Revenue Service (the ‘IRS’) has been auditing Elizabeth Arden’s U.S. (federal) tax returns for the fiscal years ended June 30, 2010 through June 30, 2012. In the audit, the IRS has proposed increases in Elizabeth Arden’s taxable income, relating to transfer pricing, in an amount totaling approximately $85 million. The Company disagrees with the proposed adjustments and intends to continue to contest them vigorously and to pursue its available remedies. Although any IRS examination contains an element of uncertainty, based on current facts and circumstances, the Company believes that the ultimate outcome of any protest, appeals or judicial process will not have a material adverse effect on the Company's business, prospects, results of operations, financial condition and/or cash flows.

ACCUMULATED OTHER COMPREHENSIVE LOSS

9 Months Ended

Sep. 30, 2016

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

ACCUMULATED OTHER COMPREHENSIVE LOSS

The components of accumulated other comprehensive loss as of September 30, 2016 are as follows:



	Foreign Currency Translation			Actuarial (Loss) Gain on Post-retirement Benefits			Deferred Gain (Loss) - Hedging			Other			Accumulated Other Comprehensive Loss
Balance at January 1, 2016	$	(23.5	)	$	(217.7	)	$	(3.8	)	$	(0.3	)	$	(245.3	)
Currency translation adjustment, net of tax of $1.3 million	8.0												8.0
Amortization of pension related costs, net of tax of $1.1 million^(a)				5.6									5.6
Revaluation of derivative financial instrument, net of amounts reclassified into earnings and tax of $0.1 million^(b)							$	0.1					0.1
Other comprehensive income	8.0			5.6			0.1			—			13.7
Balance at September 30, 2016	$	(15.5	)	$	(212.1	)	$	(3.7	)	$	(0.3	)	$	(231.6	)


^(a)	Amounts represent the change in accumulated other comprehensive loss as a result of the amortization of actuarial losses (gains) arising during each year related to the Company’s pension and other post-retirement plans. See Note 11, “Pension and Post-retirement Benefits,” for further discussion of the Company’s pension and other post-retirement plans.


^(b)	Represents the after-tax effective portion of the changes in fair value of the Company’s 2013 Interest Rate Swap, net of amounts reclassified into earnings for the nine months ended September 30, 2016. See Note 10, "Financial Instruments," for further discussion of the 2013 Interest Rate Swap.

As shown above, other comprehensive income includes changes in the fair value of the 2013 Interest Rate Swap. A rollforward of the amounts reclassified out of accumulated other comprehensive loss into earnings for the three and nine months ended September 30, 2016 are as follows:



	2013 Interest Rate Swap
Beginning accumulated losses at June 30, 2016	$	(4.5	)
Reclassifications into earnings (net of $0.4 million tax expense)^(a)	0.7
Change in fair value (net of $0.1 million tax expense)	0.1
Ending accumulated losses at September 30, 2016	$	(3.7	)



	2013 Interest Rate Swap
Beginning accumulated losses at December 31, 2015	$	(3.8	)
Reclassifications into earnings (net of $1.2 million tax expense)^(a)	2.0
Change in fair value (net of $1.1 million tax benefit)	(1.9		)
Ending accumulated losses at September 30, 2016	$	(3.7	)


^(a)	Reclassified to interest expense.

A rollforward of the amounts reclassified out of accumulated other comprehensive loss into earnings for the three and nine months ended September 30, 2015 are as follows:



	2013 Interest Rate Swap
Beginning accumulated losses at June 30, 2015	$	(4.2	)
Reclassifications into earnings (net of $0.4 million tax expense)^(a)	0.7
Change in fair value (net of $0.9 million tax benefit)	(1.4		)
Ending accumulated losses at September 30, 2015	$	(4.9	)



	2013 Interest Rate Swap
Beginning accumulated losses at December 31, 2014	$	(2.2	)
Reclassifications into earnings (net of $0.6 million tax expense)^(a)	0.9
Change in fair value (net of $2.3 million tax benefit)	(3.6		)
Ending accumulated losses at September 30, 2015	$	(4.9	)


^(a)	Reclassified to interest expense.

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section 45
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SEGMENT DATA AND RELATED INFORMATION

SEGMENT DATA AND RELATED INFORMATION

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Operating segments include components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker (the Company's “Chief Executive Officer”) in deciding how to allocate resources and in assessing the Company's performance. As a result of the similarities in the procurement, manufacturing and distribution processes for the Company’s products, much of the information provided in the Consolidated Financial Statements, and provided in the segment table below, is similar to, or the same as, that reviewed on a regular basis by the Company's Chief Executive Officer. As of September 30, 2016, and since the Elizabeth Arden Acquisition Date, the Elizabeth Arden organization has continued to operate and be evaluated on a stand-alone basis.

At September 30, 2016, the Company’s operations are organized into the following reportable segments:

•

Consumer - The Consumer segment is comprised of the Company's consumer brands other than those operated under the Elizabeth Arden segment, which primarily include Revlon, Almay, SinfulColors and Pure Ice in color cosmetics; Revlon ColorSilk in women’s hair color; Revlon in beauty tools; and Mitchum in anti-perspirant deodorants. The Company’s principal customers for its consumer products include large volume retailers, chain drug and food stores, chemist shops, hypermarkets, general merchandise stores, the Internet/e-commerce, television shopping, department stores, one-stop shopping beauty retailers, specialty cosmetics stores and perfumeries in the U.S. and internationally. The Consumer segment also includes a skincare line under the Natural Honey brand and a hair color line under the Llongueras brand sold to large volume retailers and other retailers, primarily in Spain, which were acquired as part of the Colomer Acquisition. In October 2015 and in May 2016, the Company acquired the U.S. Cutex business and Cutex International business and related assets, respectively. The results of operations relating to the sales of Cutex nail care products are included within the Consumer segment.

•

Professional - The Professional segment is comprised primarily of the brands which the Company acquired in the Colomer Acquisition, which include Revlon Professional in hair color and hair care; CND-branded products in nail polishes and nail enhancements; and American Crew in men’s grooming products, all of which are sold worldwide to professional salons. The Company’s principal customers for its professional products include hair and nail salons and distributors to professional salons in the U.S. and internationally. The Professional segment also includes a multi-cultural line consisting of Creme of Nature hair care products sold to large volume retailers, other retailers and professional salons, primarily in the U.S.

•

Elizabeth Arden - The Elizabeth Arden segment includes the operating results of the Elizabeth Arden business and related purchase accounting for the Company's September 2016 Elizabeth Arden Acquisition. Elizabeth Arden is a global prestige beauty products company with an iconic portfolio of prestige fragrance, skincare and cosmetic brands, including the Elizabeth Arden skin care brands, color cosmetics and fragrances; designer fragrances such as Juicy Couture and John Varvatos; heritage fragrances such as Curve, Elizabeth Taylor, Britney Spears and Christina Aguilera; and various celebrity fragrances.

•

Other - The Other segment primarily includes the operating results of the CBB business and related purchase accounting for the CBB Acquisition. CBB develops, manufactures, markets and distributes fragrances and other beauty products under various celebrity, lifestyle and fashion brands licensed from third parties, principally through department stores and selective distribution in international territories.

The Company's management evaluates segment profit, which is defined as income from continuing operations before interest, taxes, depreciation, amortization, stock-based compensation expense, gains/losses on foreign currency fluctuations, gains/losses on the early extinguishment of debt and miscellaneous expenses, for each of the Company's reportable segments. Segment profit also excludes unallocated corporate expenses and the impact of certain items that are not directly attributable to the reportable segments' underlying operating performance, which includes the impacts of: (i) restructuring and related charges; (ii) acquisition and integration costs; (iii) deferred compensation related to the accounting for the CBB Acquisition; (iv) costs of sales resulting from a fair value adjustment in the second quarter of 2016 and 2015 to inventory acquired in the Cutex International Acquisition and CBB Acquisition, respectively; (v) charges related to the Elizabeth Arden 2016 Business Transformation Program; and (vi) costs of sales resulting from a fair value adjustment to inventory acquired in the Elizabeth Arden Acquisition. Such items are shown below in the table reconciling segment profit to consolidated income from continuing operations before income taxes. Unallocated corporate expenses primarily include general and administrative expenses related to the corporate organization. These expenses are recorded in unallocated corporate expenses, as these items are centrally directed and controlled and are not included in internal measures of segment operating performance. The Company does not have any material inter-segment sales.

The accounting policies for each of the reportable segments are the same as those described in Note 1, “Description of Business and Summary of Significant Accounting Policies” in Revlon, Inc.'s 2015 Form 10-K. The Company's assets and liabilities are managed centrally and are reported internally in the same manner as the Consolidated Financial Statements; thus, no additional information regarding assets and liabilities of the Company’s reportable segments is produced for the Company's Chief Executive Officer or included in these Consolidated Financial Statements.

The following table is a comparative summary of the Company’s net sales and segment profit by reportable segment for the three and nine months ended September 30, 2016 and 2015.



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016				2015
Segment Net Sales:
Consumer	$	342.8		$	348.1		$	1,022.3			$	1,027.1
Professional	118.8			114.5			357.2				352.1
Elizabeth Arden	135.2			—			135.2				—
Other	8.0			8.9			18.6				13.2
Total	$	604.8		$	471.5		$	1,533.3			$	1,392.4

Segment Profit:
Consumer	$	81.0		$	86.0		$	220.4			$	232.0
Professional	23.7			23.4			73.4				76.9
Elizabeth Arden	32.5			—			32.5				—
Other	(0.1		)	(1.4		)	(0.9		)		(1.2		)
Total	$	137.1		$	108.0		$	325.4			$	307.7

Reconciliation:
Segment Profit	$	137.1		$	108.0		$	325.4			$	307.7
Less:
Unallocated corporate expenses	24.2			20.4			59.1				55.7
Depreciation and amortization	28.8			26.0			81.0				76.8
Non-cash stock compensation expense	1.5			1.0			4.8				3.8
Non-Operating items:
Restructuring and related charges	0.5			4.2			2.3				1.9
Acquisition and integration costs	33.5			0.6			39.5				6.5
Deferred compensation related to CBB acquisition	0.8			0.9			2.6			—	1.6
Cutex International inventory purchase accounting adjustment, cost of sales	0.2			(0.1		)	0.3				0.5
Elizabeth Arden 2016 Business Transformation Program	1.7			—			1.7				—
Elizabeth Arden inventory purchase accounting adjustment, cost of sales	4.2			—			4.2				—
Operating Income	41.7			55.0			129.9				160.9
Less:
Interest Expense	27.4			21.5			69.3				62.0
Amortization of debt issuance costs	1.7			1.4			4.6				4.2
Loss on early extinguishment of debt	16.9			—			16.9				—
Foreign currency losses (gains), net	1.2			(0.7		)	6.3				7.3
Miscellaneous, net	(0.6		)	0.3			(0.1		)		0.5
Income from continuing operations before income taxes	$	(4.9	)	$	32.5		$	32.9			$	86.9

As of September 30, 2016, after giving effect to the Elizabeth Arden Acquisition, the Company had operations established in 26 countries outside of the U.S. and its products are sold throughout the world. Generally, net sales by geographic area are presented by attributing revenues from external customers on the basis of where the products are sold:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Geographic area:
Net sales:
United States	$	326.1	54%	$	255.0	54%	$	836.8	55%	$	766.4	55%
International	278.7		46%	216.5		46%	696.5		45%	626.0		45%
	$	604.8		$	471.5		$	1,533.3		$	1,392.4



	September 30, 2016			December 31, 2015
Long-lived assets, net:
United States	$	1,464.5	83%	$	854.7	79%
International	289.6		17%	232.4		21%
	$	1,754.1		$	1,087.1



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Classes of similar products:
Net sales:
Color cosmetics	$	245.5	41%	$	242.5	51%	$	731.7	48%	$	746.4	54%
Hair care	135.3		22%	131.3		28%	402.1		26%	388.1		28%
Beauty care	96.2		16%	74.8		16%	244.6		16%	209.9		15%
Fragrance	127.8		21%	22.9		5%	154.9		10%	48.0		3%
	$	604.8		$	471.5		$	1,533.3		$	1,392.4

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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Earnings Per Share, Basic and Diluted [Abstract]

BASIC AND DILUTED EARNINGS PER COMMON SHARE

9 Months Ended

Sep. 30, 2016

BASIC AND DILUTED EARNINGS PER COMMON SHARE

Shares used in basic earnings per share are computed using the weighted average number of common shares outstanding during each period. Shares used in diluted earnings per share include the dilutive effect of unvested restricted stock under the Company’s Stock Plan using the treasury stock method. At September 30, 2016 and 2015, there were no outstanding stock options under the Company's Stock Plan.

For the three and nine months ended September 30, 2016, there are nil and 234,712 shares, respectively, of unvested restricted stock that could potentially dilute basic earnings per common share in the future that were excluded from the computation of diluted earnings per common share, as there effect would be anti-dilutive. No unvested restricted stock awards were excluded from the computation of diluted earnings per common share for the three and nine months ended September 30, 2015.

The components of basic and diluted earnings per common share for the three and nine months ended September 30, 2016 and 2015 were as follows:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Numerator:
(Loss) Income from continuing operations, net of taxes	$	(4.5	)	$	7.9		$	16.9		$	33.1
Loss from discontinued operations, net of taxes	(0.2		)	(1.7		)	(2.3		)	(1.8		)
Net (loss) income	$	(4.7	)	$	6.2		$	14.6		$	31.3
Denominator:
Weighted average common shares outstanding – Basic	52,498,246			52,440,580			52,498,840			52,422,660
Effect of dilutive restricted stock	—			163,131			118,900			170,547
Weighted average common shares outstanding – Diluted	52,498,246			52,603,711			52,617,740			52,593,207
Basic (loss) earnings per common share:
Continuing operations	$	(0.09	)	$	0.15		$	0.32		$	0.63
Discontinued operations	—			(0.03		)	(0.04		)	(0.03		)
Net (loss) income	$	(0.09	)	$	0.12		$	0.28		$	0.60
Diluted (loss) earnings per common share:
Continuing operations	$	(0.09	)	$	0.15		$	0.32		$	0.63
Discontinued operations	—			(0.03		)	(0.04		)	(0.03		)
Net (loss) income	$	(0.09	)	$	0.12		$	0.28		$	0.60

CONTINGENCIES	9 Months Ended
CONTINGENCIES	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
CONTINGENCIES	CONTINGENCIES The Company is involved in various routine legal proceedings incidental to the ordinary course of its business. The Company believes that the outcome of all pending legal proceedings in the aggregate is not reasonably likely to have a material adverse effect on the Company’s business, prospects, results of operations, financial condition and/or cash flows. However, in light of the uncertainties involved in legal proceedings generally, the ultimate outcome of a particular matter could be material to the Company’s operating results for a particular period depending on, among other things, the size of the loss or the nature of the liability imposed and the level of the Company’s income for that particular period. As previously disclosed, following the announcement of the execution of the Elizabeth Arden Merger Agreement, several putative shareholder class action lawsuits and a derivative lawsuit were filed challenging the Merger. In addition to the complaints filed on behalf of plaintiffs Parker, Christiansen, Ross and Stein, on July 25, 2016, a lawsuit (Hutson v. Elizabeth Arden, Inc., et al., Case No. CACE-16-013566) (referred to as the “Hutson complaint”) was filed in the Seventeenth Judicial Circuit in and for Broward County, Florida (the “Court”) against Elizabeth Arden, the members of the board of directors of Elizabeth Arden, Revlon, Products Corporation and Acquisition Sub. In general, the Hutson complaint alleges that: (i) the members of Elizabeth Arden’s board of directors breached their fiduciary duties to Elizabeth Arden’s shareholders with respect to the Merger, by, among other things, approving the Merger pursuant to an unfair process and at an inadequate and unfair price; and (ii) Revlon, Products Corporation and Acquisition Sub aided and abetted the breaches of fiduciary duty by the members of Elizabeth Arden’s board. The plaintiff seeks relief similar to that sought in the Parker case. By Order dated August 4, 2016, all five cases were consolidated by the Court into a Consolidated Amended Class Action. Thereafter, on August 11, 2016 a Consolidated Amended Class Action Complaint was filed, seeking to enjoin defendants from consummating the Merger and/or from soliciting shareholder votes. To the extent that the Merger was consummated, the Consolidated Amended Class Action Complaint seeks to rescind the Merger or recover rescissory or other compensatory damages, along with costs and fees. The grounds for relief set forth in the Consolidated Amended Class Action Complaint in large part track those grounds as asserted in the five individual complaints, as previously disclosed. Class counsel advised that post consummation of the Merger they were going to file a Second Consolidated Amended Class Action Complaint, but to date no such complaint has been filed. The Company believes the allegations contained in the Consolidated Amended Class Action Complaint are without merit and intends to vigorously defend against them. Additional lawsuits arising out of or relating to the Elizabeth Arden Merger Agreement or the Merger may be filed in the future. The Company believes that the outcome of all pending legal proceedings in the aggregate is not reasonably likely to have a material adverse effect on the Company’s business, prospects, results of operations, financial condition and/or cash flows. However, in light of the uncertainties involved in legal proceedings generally, the ultimate outcome of a particular matter could be material to the Company’s operating results for a particular period depending on, among other things, the size of the loss or the nature of the liability imposed and the level of the Company’s income for that particular period.

RELATED PARTY TRANSACTIONS	9 Months Ended
RELATED PARTY TRANSACTIONS	Sep. 30, 2016
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Reimbursement Agreements As previously disclosed in the Revlon, Inc.'s 2015 Form 10-K, Revlon, Products Corporation and MacAndrews & Forbes have entered into reimbursement agreements (the "Reimbursement Agreements") pursuant to which: (i) MacAndrews & Forbes is obligated to provide (directly or through its affiliates) certain professional and administrative services, including, without limitation, employees, to the Company, and to purchase services from third party providers, such as insurance, legal, accounting and air transportation services, on behalf of the Company, to the extent requested by Products Corporation; and (ii) Products Corporation is obligated to provide certain professional and administrative services, including, without limitation, employees, to MacAndrews & Forbes and to purchase services from third party providers, such as insurance, legal and accounting services, on behalf of MacAndrews & Forbes, to the extent requested by MacAndrews & Forbes, provided that in each case the performance of such services does not cause an unreasonable burden to MacAndrews & Forbes or Products Corporation, as the case may be. The Company reimburses MacAndrews & Forbes for the allocable costs of the services that MacAndrews & Forbes purchases for or provides to the Company and for the reasonable out-of-pocket expenses that MacAndrews & Forbes incurs in connection with the provision of such services. MacAndrews & Forbes reimburses Products Corporation for the allocable costs of the services that Products Corporation purchases for or provides to MacAndrews & Forbes and for the reasonable out-of-pocket expenses incurred by Products Corporation in connection with the purchase or provision of such services. Each of the Company, on the one hand, and MacAndrews & Forbes, on the other, has agreed to indemnify the other party for losses arising out of the services provided by it under the Reimbursement Agreements, other than losses resulting from its willful misconduct or gross negligence. The Reimbursement Agreements may be terminated by either party on 90 days' notice. The Company does not intend to request services under the Reimbursement Agreements unless their costs would be at least as favorable to the Company as could be obtained from unaffiliated third parties. The Company participates in MacAndrews & Forbes' directors and officers liability insurance program (the “D&O Insurance Program”), as well as its other insurance coverages, such as property damage, business interruption, liability and other coverages, which cover the Company, as well as MacAndrews & Forbes and its subsidiaries. The limits of coverage for certain of the policies are available on an aggregate basis for losses to any or all of the participating companies and their respective directors and officers. The Company reimburses MacAndrews & Forbes from time to time for their allocable portion of the premiums for such coverage or the Company pays the insurers directly, which premiums the Company believes are more favorable than the premiums that the Company would pay were it to secure stand-alone coverage. Any amounts paid by the Company directly to MacAndrews & Forbes in respect of premiums are included in the amounts paid under the Reimbursement Agreements. The net activity related to services provided and/or (purchased) under the Reimbursement Agreements during the nine months ended September 30, 2016 and 2015 was $1.3 million and $2.2 million, respectively, which primarily includes partial payments made by the Company to MacAndrews & Forbes during the first quarter of 2016 and 2015 for premiums related to the Company's allocable portion of the 5-year renewal of the D&O Insurance Program for the period from January 31, 2012 through January 31, 2017. As of each September 30, 2016 and December 31, 2015, a receivable balance of $0.1 million, respectively, from MacAndrews & Forbes was included in the Company's Balance Sheets for transactions subject to the Reimbursement Agreements. Other During the nine months ended September 30, 2016 and 2015, the Company engaged several companies in which MacAndrews & Forbes had a controlling interest to provide the Company with various ordinary course business services. These services included processing approximately $35.1 million and $25.4 million of coupon redemptions for the Company's retail customers for the nine months ended September 30, 2016 and 2015, respectively, for which the Company paid fees of approximately $0.3 million and $0.3 million during the nine months ended September 30, 2016 and 2015, respectively, and other similar advertising, coupon redemption and raw material supply services, for which the Company paid fees aggregating to less than $0.3 million during the nine months ended September 30, 2016 and 2015, respectively. The Company believes that its engagement of each of these affiliates was on arm's length terms, taking into account each firm's expertise in its respective field, and that the fees paid were at least as favorable as those available from unaffiliated parties.

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

9 Months Ended

Sep. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Presentation

The Company's results of operations and financial position for interim periods are not necessarily indicative of those to be expected for a full year.

Reclassifications

Certain prior year amounts in the Consolidated Financial Statements have been reclassified to conform to the current period's presentation.

Recently Adopted and Recently Issued Accounting Pronouncements

Recently Adopted Accounting Pronouncements



Consolidated Balance Sheets	Total as reported at 12/31/2015			Adjustment			Total as adjusted at 12/31/2015
Deferred income taxes - current	$	58.0		$	(58.0	)	$	—
Deferred income taxes - noncurrent	40.3			31.0			71.3
Other long-term liabilities	97.8			(27.0		)	70.8

Consolidated Statements of Cash Flows	Total as reported at 9/30/2015			Adjustment			Total as adjusted at 9/30/2015
Increase in prepaid expense and other current assets	$	(20.3	)	$	(0.2	)	$	(20.5	)
Decrease in accrued expenses and other current liabilities	(16.4		)	(0.1		)	(16.5		)
Increase in other, net	(11.8		)	0.3			(11.5		)



Consolidated Balance Sheets	Total as reported at 12/31/2015		Adjustment			Total as adjusted at 12/31/2015
Long-Term Debt	$	1,803.7	$	(20.0	)	$	1,783.7
Other Assets	104.1		(20.0		)	84.1

Recently Issued Accounting Pronouncements

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Impact of Adoption of New Accounting Pronouncements

The adoption of ASU No. 2015-17 resulted in no adjustment to the Company’s results of operations and stockholders’ deficiency and had the following impact on the previously reported Consolidated Balance Sheets for the fiscal year ended December 31, 2015 and the Consolidated Statements of Cash Flows for the nine months ended September 30, 2015:



Consolidated Balance Sheets	Total as reported at 12/31/2015			Adjustment			Total as adjusted at 12/31/2015
Deferred income taxes - current	$	58.0		$	(58.0	)	$	—
Deferred income taxes - noncurrent	40.3			31.0			71.3
Other long-term liabilities	97.8			(27.0		)	70.8

Consolidated Statements of Cash Flows	Total as reported at 9/30/2015			Adjustment			Total as adjusted at 9/30/2015
Increase in prepaid expense and other current assets	$	(20.3	)	$	(0.2	)	$	(20.5	)
Decrease in accrued expenses and other current liabilities	(16.4		)	(0.1		)	(16.5		)
Increase in other, net	(11.8		)	0.3			(11.5		)

The adoption of ASU No. 2015-03 resulted in no adjustment to the Company’s results of operations, cash flows and stockholders’ deficiency and had the following impact on the previously reported Consolidated Balance Sheets for the fiscal year ended December 31, 2015:



Consolidated Balance Sheets	Total as reported at 12/31/2015		Adjustment			Total as adjusted at 12/31/2015
Long-Term Debt	$	1,803.7	$	(20.0	)	$	1,783.7
Other Assets	104.1		(20.0		)	84.1

Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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BUSINESS COMBINATIONS (Tables)

9 Months Ended

Sep. 30, 2016

Elizabeth Arden [Member]

Components of Purchase Price

The components of the purchase price for the Elizabeth Arden Acquisition are as follows:



	As of September 7, 2016
Purchase price of Elizabeth Arden common stock ⁽¹⁾	$	431.5
Repayment of Existing Elizabeth Arden senior notes ⁽²⁾	350.0
Repayment of Elizabeth Arden revolving credit facility, including accrued interest ⁽³⁾	142.5
Repayment of Elizabeth Arden Second lien credit facility, including accrued interest ⁽³⁾	25.0
Repurchase of Elizabeth Arden preferred stock ⁽⁴⁾	55.0
Payment of accrued interest and call premium on Elizabeth Arden Existing Senior Notes ⁽⁵⁾	27.4
Payment of Elizabeth Arden dividends payable at Acquisition Date ⁽⁶⁾	2.9
Total Purchase Price	$	1,034.3

(1)


(2)	The purchase price includes the repurchase of the entire $350.0 million aggregate principal amount outstanding of Elizabeth Arden’s 7.375% senior notes due 2021 (the “Elizabeth Arden Existing Senior Notes”).


(3)	The purchase price includes the repayment of the entire $142.0 million aggregate principal amount of borrowings outstanding as of the Acquisition Date under Elizabeth Arden’s $300.0 million revolving credit facility and the entire $25.0 million aggregate principal amount of borrowings outstanding as of the Acquisition Date under Elizabeth Arden's second lien credit facility;


(4)	The purchase price includes $55.0 million that was paid to retire the $55.0 million liquidation preference of all of the issued and outstanding 50,000 shares of Elizabeth Arden preferred stock, par value $0.01 per share (the “Elizabeth Arden Preferred Stock”), which amount includes a $5.0 million change of control premium.

(5)


(6)	The purchase price includes the payment of approximately $2.9 million in accrued dividends payable at the Acquisition Date to the holders of Elizabeth Arden Preferred Stock.

Allocation of Consideration

assets acquired on the Acquisition Date with resulting goodwill, as follows:



	Amounts Recognized at September 7, 2016
Cash	$	41.1
Accounts Receivable	132.6
Inventories ^(a)	342.5
Prepaid expenses and other current assets	30.7
Property and equipment	91.2
Deferred taxes, net ^(b)	68.7
Intangible assets	332.8
Goodwill	202.0
Other assets	21.1
Total assets acquired	1,262.7
Accounts payable	(116.0		)
Accrued expenses	(109.3		)
Other long-term liabilities	(3.1		)
Total liabilities acquired	(228.4		)
Total consideration transferred	$	1,034.3

Acquired Intangible Assets

The intangible assets acquired in the Elizabeth Arden Acquisition based on the estimate of the fair values of the identifiable intangible assets are as follows:



	Amounts Recognized at September, 7 2016		Remaining Useful Life (in years)
Trademarks, indefinite-lived	$	142.0	Indefinite
Trademarks, finite lived	15.0		15.0
Technology	2.5		10.0
Customer relationships	117.0		16.0
License agreements	24.0		19.0
Distribution rights	31.0		18.0
Favorable lease commitments	1.3		3.0
Total acquired intangible assets	$	332.8

Pro Forma Results



	Unaudited Pro Forma Results
	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2016			2015		2016			2015
Net sales	$	745.1		$	737.5	$	2,058.2		$	2,025.5
Income (loss) from continuing operations, before income taxes	(4.3		)	9.2		(22.4		)	(86.3		)

Pro Forma Adjustments to Interest Expense



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
($ in millions)	2016			2015			2016			2015
Interest Expense
Pro forma interest on New Senior Facilities and 6.25% Senior Notes	$	26.7		$	26.9		$	79.4		$	79.9
Reversal of Elizabeth Arden’s historical interest expense	(5.2		)	(6.5		)	(18.2		)	(19.2		)
Company historical interest expense, as reflected in the historical consolidated financial statements	(12.5		)	(12.8		)	(37.6		)	(38.2		)
Total Adjustment for Pro Forma Interest Expense	$	9.0		$	7.6		$	23.6		$	22.5
Debt issuance costs
Pro forma amortization of debt issuance costs	$	1.8		$	1.8		$	5.3		$	5.3
Company historical amortization of debt issuance costs, as reflected in the historical consolidated financial statements	(1.1		)	(1.3		)	(3.3		)	(3.3		)
Reversal of Elizabeth Arden’s historical amortization of debt issuance costs	(0.4		)	(0.4		)	(1.3		)	(1.1		)
Total Adjustment for Pro Forma Amortization of Debt Issuance Costs	$	0.3		$	0.1		$	0.7		$	0.9

Cutex International [Member]

Allocation of Consideration



	Amounts Recognized at May 31, 2016 (Provisional) ^(a)		Adjustments			Amounts Recognized at May 31, 2016 (Adjusted)
Inventory	$	0.8	$	—		$	0.8
Purchased Intangible Assets ^(b)	19.7		(0.2		)	19.5
Goodwill	8.6		0.2			8.8
Total consideration transferred	$	29.1	$	—		$	29.1

^(a) As previously reported in Revlon's second quarter 2016 Form 10-Q.

RESTRUCTURING CHARGES (Tables)

9 Months Ended

Sep. 30, 2016

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Activities

A summary of the restructuring and related charges incurred through September 30, 2016 in connection with the 2015 Efficiency Program is presented in the following table:



	Restructuring Charges and Other, Net
	Employee Severance and Other Personnel Benefits		Other		Total Restructuring Charges
Charges incurred through December 31, 2015	$	9.4	$	0.1	$	9.5
Charges incurred in the nine months ended September 30, 2016	0.9		0.6		1.5
Cumulative charges incurred through September 30, 2016	$	10.3	$	0.7	$	11.0
Total expected charges	$	10.3	$	1.7	$	12.0

Schedule of Restructuring Reserve by Type of Cost

The related liability balance and activity for each of the Company's restructuring programs are presented in the following table:



							Utilized, Net
	Balance Beginning of Year		(Income) Expense, Net		Foreign Currency Translation		Cash			Non-cash			Balance End of Period
2015 Efficiency Program:
Employee severance and other personnel benefits	$	6.6	$	0.9	$	—	$	(2.3	)	$	—		$	5.2
Other	0.1		0.6		—		(0.4		)	(0.1		)	0.2
Integration Program:^(a)
Employee severance and other personnel benefits	0.8		—		—		(0.8		)	—			—
Other	0.1		—		—		(0.1		)	—			—
December 2013 Program:^(b)
Employee severance and other personnel benefits	1.2		—		—		—			—			1.2
Other	—		—		—		—			—			—
Other immaterial actions:^(c)
Employee severance and other personnel benefits	2.3		2.0		—		(2.8		)	—			1.5
Other	0.7		0.6		—		(0.6		)	—			0.7
Total restructuring reserve	$	11.8	$	4.1	$	—	$	(7.0	)	$	(0.1	)	$	8.8

DISCONTINUED OPERATIONS (Tables)

9 Months Ended

Sep. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Net sales	$	—		$	—		$	—		$	—
Loss from discontinued operations, before taxes	(0.2		)	(1.7		)	(2.3		)	(1.8		)
Provision for income taxes	—			—			—			—
Loss from discontinued operations, net of taxes	(0.2		)	(1.7		)	(2.3		)	(1.8		)

Assets and liabilities of the China discontinued operations included in the Consolidated Balance Sheets consist of the following:



	September 30, 2016		December 31, 2015
Cash and cash equivalents	$	1.7	$	2.0
Trade receivables, net	0.2		0.2
Total current assets	1.9		2.2
Total assets	$	1.9	$	2.2

Accounts payable	$	0.6	$	0.7
Accrued expenses and other	3.4		3.6
Total current liabilities	4.0		4.3
Total liabilities	$	4.0	$	4.3

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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Components of Inventories

INVENTORIES (Tables)

9 Months Ended

Sep. 30, 2016

Inventory Disclosure [Abstract]



	September 30, 2016		December 31, 2015
Raw materials and supplies	$	90.6	$	58.2
Work-in-process	33.2		8.3
Finished goods	395.3		117.3
	$	519.1	$	183.8

GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Goodwill by Segment

The following table presents the changes in goodwill by segment during the nine months ended September 30, 2016:



	Consumer		Professional		Elizabeth Arden		Other			Total
Balance at January 1, 2016	$	210.1	$	240.7	$	—	$	18.9		$	469.7
Goodwill acquired ^(a)	15.1		—		202.0		—			217.1
Foreign currency translation adjustment	—		0.3		—		(2.2		)	(1.9		)
Balance at September 30, 2016	$	225.2	$	241.0	$	202.0	$	16.7		$	684.9

Summary of Finite-Lived Intangible Assets

The following tables present details of the Company's total intangible assets:



	September 30, 2016
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible assets:
Trademarks and Licenses	$	187.6	$	(46.1	)	$	141.5
Customer relationships	249.1		(26.2		)	222.9
Patents and Internally-Developed IP	20.4		(5.7		)	14.7
Distribution rights	34.0		(1.0		)	33.0
Other	1.3		—			1.3
Total finite-lived intangible assets	$	492.4	$	(79.0	)	$	413.4

Indefinite-lived intangible assets:
Trade Names	$	244.0	$	—		$	244.0
Total indefinite-lived intangible assets	$	244.0	$	—		$	244.0

Total intangible assets	$	736.4	$	(79.0	)	$	657.4

	December 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible assets:
Trademarks and Licenses	$	145.0	$	(36.0	)	$	109.0
Customer relationships	118.8		(20.5		)	98.3
Patents and Internally-Developed IP	16.8		(4.0		)	12.8
Distribution rights	3.5		(0.6		)	2.9
Total finite-lived intangible assets	$	284.1	$	(61.1	)	$	223.0

Indefinite-lived intangible assets:
Trade Names	$	95.0	$	—		$	95.0
Total indefinite-lived intangible assets	$	95.0	$	—		$	95.0

Total intangible assets	$	379.1	$	(61.1	)	$	318.0

Summary of Indefinite-Lived Intangible Assets

The following tables present details of the Company's total intangible assets:



	September 30, 2016
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible assets:
Trademarks and Licenses	$	187.6	$	(46.1	)	$	141.5
Customer relationships	249.1		(26.2		)	222.9
Patents and Internally-Developed IP	20.4		(5.7		)	14.7
Distribution rights	34.0		(1.0		)	33.0
Other	1.3		—			1.3
Total finite-lived intangible assets	$	492.4	$	(79.0	)	$	413.4

Indefinite-lived intangible assets:
Trade Names	$	244.0	$	—		$	244.0
Total indefinite-lived intangible assets	$	244.0	$	—		$	244.0

Total intangible assets	$	736.4	$	(79.0	)	$	657.4

	December 31, 2015
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-lived intangible assets:
Trademarks and Licenses	$	145.0	$	(36.0	)	$	109.0
Customer relationships	118.8		(20.5		)	98.3
Patents and Internally-Developed IP	16.8		(4.0		)	12.8
Distribution rights	3.5		(0.6		)	2.9
Total finite-lived intangible assets	$	284.1	$	(61.1	)	$	223.0

Indefinite-lived intangible assets:
Trade Names	$	95.0	$	—		$	95.0
Total indefinite-lived intangible assets	$	95.0	$	—		$	95.0

Total intangible assets	$	379.1	$	(61.1	)	$	318.0

Estimated Future Amortization Expense



	Estimated Amortization Expense
2016	$	8.6
2017	36.1
2018	35.3
2019	32.2
2020	31.2
Thereafter	270.0
Total	$	413.4

LONG-TERM DEBT (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Components of Long-Term Debt



	September 30, 2016			December 31, 2015
2016 Term Loan Facility: 2016 Term Loan due 2023, net of discounts and debt issuance costs (see (i) below)	$	1,750.9		$	—
Amended Term Loan Facility: Acquisition Term Loan due 2019, net of discounts and debt issuance costs ^(a)	—			662.1
Amended Term Loan Facility: 2011 Term Loan due 2017, net of discounts and debt issuance costs ^(a)	—			658.5
2016 Revolving Credit Facility, due 2021 (see (ii) below)	65.4			—
6.25% Senior Notes due 2024, net of debt issuance costs (see (iii) below)	439.2			—
5.75% Senior Notes due 2021, net of debt issuance costs ^(b)	493.5			492.5
Spanish Government Loan due 2025 ^(c)	0.6			0.6
	2,749.6			1,813.7
Less current portion (*)	(83.5		)	(30.0		)
	$	2,666.1		$	1,783.7

^(a)

^(b)


^(d)	See Note 11, "Long-Term Debt," to the Consolidated Financial Statements in Revlon, Inc.'s 2015 Form 10-K for certain details regarding the euro-denominated loan payable to the Spanish government that matures on June 30, 2025.

Debt Redemption Prices

On and after August 1, 2019, Products Corporation may redeem the 6.25% Senior Notes at its option, at any time as a whole, or from time to time in part, at the following redemption prices (expressed as percentages of principal amount), plus accrued interest to (but not including) the date of redemption, if redeemed during the 12-month period beginning on August 1 of the years indicated below:



Period	Optimal Redemption Premium Percentage
2019	104.688	%
2020	103.125	%
2021	101.563	%
2022 and thereafter	100.000	%

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 235
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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Schedule of Fair Values of Financial Assets and Liabilities

FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2016

Fair Value Disclosures [Abstract]

As of September 30, 2016, the fair values of the Company’s financial assets and liabilities that are required to be measured at fair value are categorized in the table below:



	Total		Level 1		Level 2		Level 3
Assets:
Derivatives:
FX Contracts^(a)	$	1.4	$	—	$	1.4	$	—
Total assets at fair value	$	1.4	$	—	$	1.4	$	—
Liabilities:
Derivatives:
FX Contracts^(a)	$	3.1	$	—	$	3.1	$	—
2013 Interest Rate Swap^(b)	6.3		—		6.3		—
Total liabilities at fair value	$	9.4	$	—	$	9.4	$	—

As of December 31, 2015, the fair values of the Company’s financial assets and liabilities that are required to be measured at fair value are categorized in the table below:



	Total		Level 1		Level 2		Level 3
Assets:
Derivatives:
FX Contracts^(a)	$	2.0	$	—	$	2.0	$	—
Total assets at fair value	$	2.0	$	—	$	2.0	$	—
Liabilities:
Derivatives:
FX Contracts^(a)	$	0.6	$	—	$	0.6	$	—
2013 Interest Rate Swap^(b)	$	6.5	$	—	$	6.5	$	—
Total liabilities at fair value	$	7.1	$	—	$	7.1	$	—


^(a)	The fair value of the Company’s foreign currency forward exchange contracts ("FX Contracts") was measured based on observable market transactions for similar transactions in actively quoted markets of spot and forward rates on the respective dates. See Note 10, “Financial Instruments," to the Unaudited Consolidated Financial Statements in this Form 10-Q.


^(b)	The fair value of Products Corporation's 2013 Interest Rate Swap (as hereinafter defined) was measured based on the implied forward rates from the U.S. Dollar three-month LIBOR yield curve on the respective dates. See Note 10, “Financial Instruments.”

Financial Liabilities Not Measured At Fair Value But For Which Fair Value Disclosure Is Required

As of September 30, 2016, the fair values and carrying values of the Company’s long-term debt, including the current portion of long-term debt, are categorized in the table below:



	Fair Value
	Level 1		Level 2		Level 3		Total		Carrying Value
Liabilities:
Long-term debt, including current portion	$	—	$	2,842.9	$	—	$	2,842.9	$	2,749.6

As of December 31, 2015, the fair values and carrying values of the Company’s long-term debt, including the current portion of long-term debt, are categorized in the table below:



	Fair Value
	Level 1		Level 2		Level 3		Total		Carrying Value
Liabilities:
Long-term debt, including current portion	$	—	$	1,818.0	$	—	$	1,818.0	$	1,813.7

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References + Details

FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2016

Fair Value of Derivative Financial Instruments in Consolidated Balance Sheet

Fair Values of Derivative Financial Instruments in the Consolidated Balance Sheets:



	Fair Values of Derivative Instruments
	Assets					Liabilities
	Balance Sheet	September 30, 2016		December 31, 2015		Balance Sheet	September 30, 2016		December 31, 2015
	Classification	Fair Value		Fair Value		Classification	Fair Value		Fair Value
Derivatives designated as hedging instruments:
2013 Interest Rate Swap⁽ⁱ⁾	Prepaid expenses and other	$	—	$	—	Accrued expenses and other	$	—	$	4.0
	Other assets	—		—		Other long-term liabilities	—		2.5
Derivatives not designated as hedging instruments:
FX Contracts⁽ⁱⁱ⁾	Prepaid expenses and other	$	1.4	$	2.0	Accrued Expenses	$	3.1	$	0.6
2013 Interest Rate Swap⁽ⁱ⁾	Prepaid expenses and other	$	—	$	—	Accrued expenses and other	$	4.0	$	—
	Other assets	$	—	$	—	Other long-term liabilities	$	2.3	$	—

Effects of Derivative Financial Instruments on Income and Other Comprehensive Income (Loss)

Effects of Derivative Financial Instruments on the Consolidated Statements of Operations and Comprehensive Income for the three and nine months ended September 30, 2016 and 2015:



	Amount of Gain (Loss) Recognized in Other Comprehensive Income
	Three Months Ended September 30,					Nine Months Ended September 30,
	2016		2015			2016		2015
Derivatives designated as hedging instruments:
2013 Interest Rate Swap, net of tax ^(a)	$	0.8	$	(0.7	)	$	0.1	$	(2.7	)


^(a)	Net of tax expense (benefit) of $0.5 million and ($0.5 million) for the three months ended September 30, 2016 and 2015, respectively, and $0.1 million and ($1.7 million) for the nine months ended September 30, 2016 and 2015, respectively.



	Income Statement Classification	Amount of Gain (Loss) Recognized in Net Income
		Three Months Ended September 30,						Nine Months Ended September 30,
		2016			2015			2016			2015
Derivatives designated as hedging instruments:
2013 Interest Rate Swap	Interest Expense	$	(1.0	)	$	(1.0	)	$	(3.2	)	$	(1.5	)
Derivatives not designated as hedging instruments:
FX Contracts	Foreign currency gain (loss), net	$	(0.3	)	$	2.3		$	(0.8	)	$	3.2
2013 Interest Rate Swap	Miscellaneous, net	—			—			—			—

PENSION AND POST-RETIREMENT BENEFITS (Tables)

9 Months Ended

Sep. 30, 2016

Compensation and Retirement Disclosure [Abstract]

Components of Net Periodic Benefit (Income) Costs

The components of net periodic benefit (income) costs for the Company’s pension and the other post-retirement benefit plans for the third quarter of 2016 and 2015 are as follows:



	Pension Plans						Other Post-Retirement Benefit Plans
	Three Months Ended September 30,
	2016			2015			2016		2015
Net periodic benefit (income) costs:
Service cost	$	0.1		$	0.2		$	—	$	—
Interest cost	5.2			7.2			0.1		0.1
Expected return on plan assets	(7.7		)	(10.0		)	—		—
Amortization of actuarial loss	2.2			2.2			—		—
	(0.2		)	(0.4		)	0.1		0.1
Portion allocated to Revlon Holdings	—			—			—		—
	$	(0.2	)	$	(0.4	)	$	0.1	$	0.1

The components of net periodic benefit (income) costs for the Company's pension and the other post-retirement benefit plans for the first nine months of 2016 and 2015 are as follows:



	Pension Plans						Other Post-Retirement Benefit Plans
	Nine Months Ended September 30,
	2016			2015			2016		2015
Net periodic benefit (income) costs:
Service cost	$	0.4		$	0.6		$	—	$	—
Interest cost	15.5			21.5			0.3		0.3
Expected return on plan assets	(23.3		)	(30.3		)	—		—
Amortization of actuarial loss	6.6			6.3			0.1		0.1
	(0.8		)	(1.9		)	0.4		0.4
Portion allocated to Revlon Holdings	(0.1		)	(0.1		)	—		—
	$	(0.9	)	$	(2.0	)	$	0.4	$	0.4

Classification of Net Periodic Benefit (Income) Costs

Net periodic benefit costs (income) are reflected in the Company's Consolidated Financial Statements as follows:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Net periodic benefit (income) costs:
Cost of sales	$	(0.6	)	$	(1.0	)	$	(1.9	)	$	(3.0	)
Selling, general and administrative expense	0.5			0.7			1.4			1.4
	$	(0.1	)	$	(0.3	)	$	(0.5	)	$	(1.6	)

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

9 Months Ended

Sep. 30, 2016

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss as of September 30, 2016 are as follows:



	Foreign Currency Translation			Actuarial (Loss) Gain on Post-retirement Benefits			Deferred Gain (Loss) - Hedging			Other			Accumulated Other Comprehensive Loss
Balance at January 1, 2016	$	(23.5	)	$	(217.7	)	$	(3.8	)	$	(0.3	)	$	(245.3	)
Currency translation adjustment, net of tax of $1.3 million	8.0												8.0
Amortization of pension related costs, net of tax of $1.1 million^(a)				5.6									5.6
Revaluation of derivative financial instrument, net of amounts reclassified into earnings and tax of $0.1 million^(b)							$	0.1					0.1
Other comprehensive income	8.0			5.6			0.1			—			13.7
Balance at September 30, 2016	$	(15.5	)	$	(212.1	)	$	(3.7	)	$	(0.3	)	$	(231.6	)


^(a)	Amounts represent the change in accumulated other comprehensive loss as a result of the amortization of actuarial losses (gains) arising during each year related to the Company’s pension and other post-retirement plans. See Note 11, “Pension and Post-retirement Benefits,” for further discussion of the Company’s pension and other post-retirement plans.


^(b)	Represents the after-tax effective portion of the changes in fair value of the Company’s 2013 Interest Rate Swap, net of amounts reclassified into earnings for the nine months ended September 30, 2016. See Note 10, "Financial Instruments," for further discussion of the 2013 Interest Rate Swap.

Reclassification out of Accumulated Other Comprehensive Loss

A rollforward of the amounts reclassified out of accumulated other comprehensive loss into earnings for the three and nine months ended September 30, 2016 are as follows:



	2013 Interest Rate Swap
Beginning accumulated losses at June 30, 2016	$	(4.5	)
Reclassifications into earnings (net of $0.4 million tax expense)^(a)	0.7
Change in fair value (net of $0.1 million tax expense)	0.1
Ending accumulated losses at September 30, 2016	$	(3.7	)



	2013 Interest Rate Swap
Beginning accumulated losses at December 31, 2015	$	(3.8	)
Reclassifications into earnings (net of $1.2 million tax expense)^(a)	2.0
Change in fair value (net of $1.1 million tax benefit)	(1.9		)
Ending accumulated losses at September 30, 2016	$	(3.7	)


^(a)	Reclassified to interest expense.

A rollforward of the amounts reclassified out of accumulated other comprehensive loss into earnings for the three and nine months ended September 30, 2015 are as follows:



	2013 Interest Rate Swap
Beginning accumulated losses at June 30, 2015	$	(4.2	)
Reclassifications into earnings (net of $0.4 million tax expense)^(a)	0.7
Change in fair value (net of $0.9 million tax benefit)	(1.4		)
Ending accumulated losses at September 30, 2015	$	(4.9	)



	2013 Interest Rate Swap
Beginning accumulated losses at December 31, 2014	$	(2.2	)
Reclassifications into earnings (net of $0.6 million tax expense)^(a)	0.9
Change in fair value (net of $2.3 million tax benefit)	(3.6		)
Ending accumulated losses at September 30, 2015	$	(4.9	)


^(a)	Reclassified to interest expense.

SEGMENT DATA AND RELATED INFORMATION (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table is a comparative summary of the Company’s net sales and segment profit by reportable segment for the three and nine months ended September 30, 2016 and 2015.



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016				2015
Segment Net Sales:
Consumer	$	342.8		$	348.1		$	1,022.3			$	1,027.1
Professional	118.8			114.5			357.2				352.1
Elizabeth Arden	135.2			—			135.2				—
Other	8.0			8.9			18.6				13.2
Total	$	604.8		$	471.5		$	1,533.3			$	1,392.4

Segment Profit:
Consumer	$	81.0		$	86.0		$	220.4			$	232.0
Professional	23.7			23.4			73.4				76.9
Elizabeth Arden	32.5			—			32.5				—
Other	(0.1		)	(1.4		)	(0.9		)		(1.2		)
Total	$	137.1		$	108.0		$	325.4			$	307.7

Reconciliation:
Segment Profit	$	137.1		$	108.0		$	325.4			$	307.7
Less:
Unallocated corporate expenses	24.2			20.4			59.1				55.7
Depreciation and amortization	28.8			26.0			81.0				76.8
Non-cash stock compensation expense	1.5			1.0			4.8				3.8
Non-Operating items:
Restructuring and related charges	0.5			4.2			2.3				1.9
Acquisition and integration costs	33.5			0.6			39.5				6.5
Deferred compensation related to CBB acquisition	0.8			0.9			2.6			—	1.6
Cutex International inventory purchase accounting adjustment, cost of sales	0.2			(0.1		)	0.3				0.5
Elizabeth Arden 2016 Business Transformation Program	1.7			—			1.7				—
Elizabeth Arden inventory purchase accounting adjustment, cost of sales	4.2			—			4.2				—
Operating Income	41.7			55.0			129.9				160.9
Less:
Interest Expense	27.4			21.5			69.3				62.0
Amortization of debt issuance costs	1.7			1.4			4.6				4.2
Loss on early extinguishment of debt	16.9			—			16.9				—
Foreign currency losses (gains), net	1.2			(0.7		)	6.3				7.3
Miscellaneous, net	(0.6		)	0.3			(0.1		)		0.5
Income from continuing operations before income taxes	$	(4.9	)	$	32.5		$	32.9			$	86.9

Schedule of Net Sales and Long-Lived Assets by Geographic Area



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Geographic area:
Net sales:
United States	$	326.1	54%	$	255.0	54%	$	836.8	55%	$	766.4	55%
International	278.7		46%	216.5		46%	696.5		45%	626.0		45%
	$	604.8		$	471.5		$	1,533.3		$	1,392.4



	September 30, 2016			December 31, 2015
Long-lived assets, net:
United States	$	1,464.5	83%	$	854.7	79%
International	289.6		17%	232.4		21%
	$	1,754.1		$	1,087.1

Schedule of Net Sales by Classes of Similar Products



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Classes of similar products:
Net sales:
Color cosmetics	$	245.5	41%	$	242.5	51%	$	731.7	48%	$	746.4	54%
Hair care	135.3		22%	131.3		28%	402.1		26%	388.1		28%
Beauty care	96.2		16%	74.8		16%	244.6		16%	209.9		15%
Fragrance	127.8		21%	22.9		5%	154.9		10%	48.0		3%
	$	604.8		$	471.5		$	1,533.3		$	1,392.4

BASIC AND DILUTED EARNINGS PER COMMON SHARE (Tables)

9 Months Ended

Sep. 30, 2016

Earnings Per Share, Basic and Diluted [Abstract]

Components of Basic and Diluted Earnings Per Share

The components of basic and diluted earnings per common share for the three and nine months ended September 30, 2016 and 2015 were as follows:



	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
Numerator:
(Loss) Income from continuing operations, net of taxes	$	(4.5	)	$	7.9		$	16.9		$	33.1
Loss from discontinued operations, net of taxes	(0.2		)	(1.7		)	(2.3		)	(1.8		)
Net (loss) income	$	(4.7	)	$	6.2		$	14.6		$	31.3
Denominator:
Weighted average common shares outstanding – Basic	52,498,246			52,440,580			52,498,840			52,422,660
Effect of dilutive restricted stock	—			163,131			118,900			170,547
Weighted average common shares outstanding – Diluted	52,498,246			52,603,711			52,617,740			52,593,207
Basic (loss) earnings per common share:
Continuing operations	$	(0.09	)	$	0.15		$	0.32		$	0.63
Discontinued operations	—			(0.03		)	(0.04		)	(0.03		)
Net (loss) income	$	(0.09	)	$	0.12		$	0.28		$	0.60
Diluted (loss) earnings per common share:
Continuing operations	$	(0.09	)	$	0.15		$	0.32		$	0.63
Discontinued operations	—			(0.03		)	(0.04		)	(0.03		)
Net (loss) income	$	(0.09	)	$	0.12		$	0.28		$	0.60

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Impact of Adoption of New Accounting Pronouncements (Details) - USD ($)
$ in Millions

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Dec. 31, 2015

New Accounting Pronouncement, Early Adoption [Line Items]

$ 142.1

$ 71.3

^[1]

Increase in prepaid expense and other current assets

84.5

70.8

^[1]

(20.0)

$ (20.5)

^[2]

Decrease in accrued expenses and other current liabilities

(39.5)

(16.5)

^[2]

(4.0)

(11.5)

^[2]

2,666.1

1,783.7

^[1]

Accounting Standards Update 2015-17 [Member]

$ 112.0

84.1

^[1]

New Accounting Pronouncement, Early Adoption [Line Items]

Deferred income taxes - current

0.0

71.3

Increase in prepaid expense and other current assets

70.8

(20.5)

Decrease in accrued expenses and other current liabilities

(16.5)

Accounting Standards Update 2015-03 [Member]

(11.5)

New Accounting Pronouncement, Early Adoption [Line Items]

1,783.7

Previously reported [Member] | Accounting Standards Update 2015-17 [Member]

84.1

New Accounting Pronouncement, Early Adoption [Line Items]

Deferred income taxes - current

58.0

40.3

Increase in prepaid expense and other current assets

97.8

(20.3)

Decrease in accrued expenses and other current liabilities

(16.4)

Previously reported [Member] | Accounting Standards Update 2015-03 [Member]

(11.8)

New Accounting Pronouncement, Early Adoption [Line Items]

1,803.7

Restatement Adjustment [Member] | Accounting Standards Update 2015-17 [Member]

104.1

New Accounting Pronouncement, Early Adoption [Line Items]

Deferred income taxes - current

(58.0)

31.0

Increase in prepaid expense and other current assets

(27.0)

(0.2)

Decrease in accrued expenses and other current liabilities

(0.1)

Restatement Adjustment [Member] | Accounting Standards Update 2015-03 [Member]

$ 0.3

New Accounting Pronouncement, Early Adoption [Line Items]

(20.0)

$ (20.0)

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.
[2]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

DESCRIPTION OF BUSINESS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2016 segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments	4

BUSINESS COMBINATIONS - Purchase Price (Details) - Elizabeth Arden [Member]	Sep. 07, 2016 USD ($) $ / shares shares
Business Combination, Consideration Transferred [Abstract]
Purchase price of common stock	$ 431,500,000
Repurchase of preferred stock	55,000,000
Payment of dividends payable at Acquisition Date	2,900,000
Total Purchase Price	$ 1,034,300,000
Share price (usd per share) \| $ / shares	$ 14.00
Settlement of outstanding stock options and restricted share units	$ 11,100,000
Repurchase and retirement of preferred stock (in shares) \| shares	50,000
Par value of preferred stock repurchased and retired (usd per share) \| $ / shares	$ 0.01
Repurchase and retirement of preferred stock, change in control premium	$ 5,000,000
Elizabeth Arden senior notes [Member]
Business Combination, Consideration Transferred [Abstract]
Repayment of debt	350,000,000
Payment of accrued interest and call premium on Elizabeth Arden Existing Senior Notes	$ 27,400,000
Stated interest rate	7.375%
Repayment of accrued interest on debt	$ 12,300,000
Number of days of interest accrued on debt	176 days
Redemption price of debt	103.69%
Elizabeth Arden revolving credit facility [Member]
Business Combination, Consideration Transferred [Abstract]
Repayment of debt	$ 142,500,000
Business Combination, Consideration Transferred, Repurchased Face Amount Debt Of Acquiree	142,000,000
Maximum borrowing capacity	300,000,000.0
Elizabeth Arden Second lien credit facility [Member]
Business Combination, Consideration Transferred [Abstract]
Repayment of debt	$ 25,000,000

BUSINESS COMBINATIONS - Schedule of Net Assets Acquired (Details) - USD ($)
$ in Millions

3 Months Ended

4 Months Ended

9 Months Ended

Sep. 07, 2016

May 31, 2016

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Dec. 31, 2015

^[1]

$ 684.9

$ 469.7

Cost of sales

243.4

$ 167.8

568.8

$ 471.4

Elizabeth Arden [Member]

Cash

$ 41.1

Accounts Receivable

132.6

Prepaid expenses and other current assets

342.5

30.7

Property and equipment

91.2

68.7

332.8

202.0

21.1

Total assets acquired

1,262.7

Accounts payable

(116.0)

Accrued expenses

(109.3)

Total liabilities acquired

(3.1)

(228.4)

Total consideration transferred

$ 1,034.3

Period for acquired inventory to be sold

7 months

Tax loss carryforwards

$ 107.3

Elizabeth Arden [Member] | Customer networks [Member]

Weighted average remaining useful life

16 years

Cutex International [Member]

$ 0.8

19.5

Total consideration transferred

8.8

29.1

Purchased intangible assets

(0.2)

Cutex International [Member] | Trade names, indefinite-lived [Member]

$ 0.2

Cutex International [Member] | Customer networks [Member]

5.1

$ 13.5

Weighted average remaining useful life

15 years

Cutex International [Member] | Intellectual property [Member]

$ 0.9

Weighted average remaining useful life

10 years

Previously reported [Member] | Cutex International [Member]

$ 0.8

19.7

Total consideration transferred

8.6

$ 29.1

Fair value adjustment to inventory [Member] | Elizabeth Arden [Member]

Inventory step-up in fair value

$ 40.7

Cost of sales

$ 4.2

Foreign [Member] | Elizabeth Arden [Member]

Domestic [Member] | Elizabeth Arden [Member]

Tax loss carryforwards

0.5

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Tax loss carryforwards

$ 106.8

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

BUSINESS COMBINATIONS - Acquired Intangible Assets (Details) - Elizabeth Arden [Member] $ in Millions	Sep. 07, 2016 USD ($)
Business Acquisition [Line Items]
Total acquired intangible assets	$ 332.8
Trademarks [Member]
Business Acquisition [Line Items]
Acquired intangible assets, indefinite-lived	142.0
Trademarks [Member]
Business Acquisition [Line Items]
Acquired intangible assets, finite-lived	$ 15.0
Weighted average remaining useful life	15 years
Technology [Member]
Business Acquisition [Line Items]
Acquired intangible assets, finite-lived	$ 2.5
Weighted average remaining useful life	10 years
Customer relationships [Member]
Business Acquisition [Line Items]
Acquired intangible assets, finite-lived	$ 117.0
Weighted average remaining useful life	16 years
License agreements [Member]
Business Acquisition [Line Items]
Acquired intangible assets, finite-lived	$ 24.0
Weighted average remaining useful life	19 years
Distribution rights [Member]
Business Acquisition [Line Items]
Acquired intangible assets, finite-lived	$ 31.0
Weighted average remaining useful life	18 years
Favorable lease commitments [Member]
Business Acquisition [Line Items]
Acquired intangible assets, finite-lived	$ 1.3
Weighted average remaining useful life	3 years

BUSINESS COMBINATIONS - Pro Forma Results (Details) - Elizabeth Arden [Member] - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Business Acquisition [Line Items]
Net sales	$ 745.1	$ 737.5	$ 2,058.2	$ 2,025.5
Income (loss) from continuing operations, before income taxes	$ (4.3)	$ 9.2	$ (22.4)	$ (86.3)

BUSINESS COMBINATIONS - Pro Forma Adjustments (Details) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 07, 2016

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Aug. 04, 2016

Dec. 31, 2015

Elizabeth Arden [Member] | Fair value adjustment to inventory [Member]

$ (4.7)

$ 6.2

$ 14.6

$ 31.3

^[1]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Inventory step-up in fair value

$ 40.7

Elizabeth Arden [Member] | Cost of sales adjustment [Member]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Depreciation and amortization expense adjustment, property and equipment [Member]

4.2

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Depreciation and amortization expense adjustment, intangible assets [Member]

0.0

1.4

(2.6)

1.4

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Acquisition cost adjustment [Member]

0.0

5.0

(1.0)

5.0

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Integration cost adjustment [Member]

0.0

58.4

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Interest expense on new debt [Member]

0.0

65.1

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Reversal of acquiree's interest expense [Member]

(26.7)

(26.9)

(79.4)

(79.9)

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Reversal of acquirer's interest expense [Member]

5.2

6.5

18.2

19.2

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Interest expense adjustment [Member]

12.5

12.8

37.6

38.2

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Amortization of debt issuance costs on new debt [Member]

(9.0)

(7.6)

(23.6)

(22.5)

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Reversal of acquirer's amortization of debt issuance costs [Member]

(1.8)

(5.3)

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Reversal of acquiree's amortization of debt issuance costs [Member]

1.1

1.3

3.3

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

Elizabeth Arden [Member] | Amortization of debt issuance costs adjustment [Member]

0.4

1.3

1.1

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

$ (0.3)

$ (0.1)

$ (0.7)

$ (0.9)

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

6.25% Senior Notes due 2024 [Member] | Revlon Consumer Products Corporation [Member]

6.25%

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

6.25%

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

BUSINESS COMBINATIONS - Additional Information (Details) - USD ($)

9 Months Ended

Sep. 07, 2016

May 31, 2016

Sep. 30, 2016

Aug. 04, 2016

Dec. 31, 2015

$ 684,900,000

$ 469,700,000

^[1]

Elizabeth Arden [Member]

Trade receivables, fair value

Cash consideration

$ 1,034,300,000

132,600,000

Trade receivables, gross amount

165,000,000

Trade receivables, uncollectible

32,400,000

Deferred tax liability, intangible assets

59,200,000

Total acquired intangible assets

332,800,000

Total acquired intangible assets, tax basis

148,600,000

Cutex International [Member]

202,000,000

Total acquired intangible assets

Cash consideration

$ 29,100,000

19,500,000

Coty license agreement term

$ 8,800,000

20 years

Revlon Consumer Products Corporation [Member] | Elizabeth Arden [Member]

6.25%

Acquisition, consideration transferred, cash on hand

$ 126,700,000

Revlon Consumer Products Corporation [Member] | 2016 Term Loan due 2023 [Member]

Debt term

7 years

Revlon Consumer Products Corporation [Member] | 2016 Revolving Credit Facility due 2021 [Member]

$ 1,800,000,000.0

Proceeds from lines of credit

Debt term

5 years

$ 35,000,000

Revlon Consumer Products Corporation [Member] | 6.25% Senior Notes due 2024 [Member]

Aggregate principal amount

$ 450,000,000.0

Revolving credit facility [Member] | Revlon Consumer Products Corporation [Member] | 2016 Revolving Credit Facility due 2021 [Member]

6.25%

Raw materials and supplies

$ 400,000,000.0

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

RESTRUCTURING CHARGES - Restructuring and Related Charges (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	$ 0.5	$ 4.0	$ 2.3	$ 0.9
Efficiency Program [Member]
Restructuring Cost and Reserve [Line Items]
Charges incurred	11.0		11.0		$ 9.5
Restructuring and related charges			1.5
Total expected charges	12.0		12.0
Efficiency Program [Member] \| Employee Severance and Other Personnel Benefits [Member]
Restructuring Cost and Reserve [Line Items]
Charges incurred	10.3		10.3		9.4
Restructuring and related charges			0.9
Total expected charges	10.3		10.3
Efficiency Program [Member] \| Other [Member]
Restructuring Cost and Reserve [Line Items]
Charges incurred	0.7		0.7		$ 0.1
Restructuring and related charges			0.6
Total expected charges	$ 1.7		$ 1.7

RESTRUCTURING CHARGES - Restructuring Reserve (Details) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2014 job_position
Restructuring Reserve [Roll Forward]
Balance Beginning of Year	$ 11.8
(Income) Expense, Net	4.1
Foreign Currency Translation	0.0
Cash utilized, net	(7.0)
Non-cash utilized, net	(0.1)
Balance End of Year	8.8	$ 11.8
Efficiency Program [Member]
Restructuring Reserve [Roll Forward]
Cash utilized, net	(2.7)	(2.8)
Efficiency Program [Member] \| Employee Severance and Other Personnel Benefits [Member]
Restructuring Reserve [Roll Forward]
Balance Beginning of Year	6.6
(Income) Expense, Net	0.9
Foreign Currency Translation	0.0
Cash utilized, net	(2.3)
Non-cash utilized, net	0.0
Balance End of Year	5.2	6.6
Efficiency Program [Member] \| Other [Member]
Restructuring Reserve [Roll Forward]
Balance Beginning of Year	0.1
(Income) Expense, Net	0.6
Foreign Currency Translation	0.0
Cash utilized, net	(0.4)
Non-cash utilized, net	(0.1)
Balance End of Year	0.2	0.1
Integration Program [Member] \| Employee Severance and Other Personnel Benefits [Member]
Restructuring Reserve [Roll Forward]
Balance Beginning of Year	0.8
(Income) Expense, Net	0.0
Foreign Currency Translation	0.0
Cash utilized, net	(0.8)
Non-cash utilized, net	0.0
Balance End of Year	0.0	0.8
Integration Program [Member] \| Other [Member]
Restructuring Reserve [Roll Forward]
Balance Beginning of Year	0.1
(Income) Expense, Net	0.0
Foreign Currency Translation	0.0
Cash utilized, net	(0.1)
Non-cash utilized, net	0.0
Balance End of Year	0.0	0.1
December 2013 Program [Member]
Restructuring Reserve [Roll Forward]
Number of positions eliminated \| job_position			1,100
December 2013 Program [Member] \| Employee Severance and Other Personnel Benefits [Member]
Restructuring Reserve [Roll Forward]
Balance Beginning of Year	1.2
(Income) Expense, Net	0.0
Foreign Currency Translation	0.0
Cash utilized, net	0.0
Non-cash utilized, net	0.0
Balance End of Year	1.2	1.2
December 2013 Program [Member] \| Other [Member]
Restructuring Reserve [Roll Forward]
Balance Beginning of Year	0.0
(Income) Expense, Net	0.0
Foreign Currency Translation	0.0
Cash utilized, net	0.0
Non-cash utilized, net	0.0
Balance End of Year	0.0	0.0
Other Immaterial Actions [Member] \| Employee Severance and Other Personnel Benefits [Member]
Restructuring Reserve [Roll Forward]
Balance Beginning of Year	2.3
(Income) Expense, Net	2.0
Foreign Currency Translation	0.0
Cash utilized, net	(2.8)
Non-cash utilized, net	0.0
Balance End of Year	1.5	2.3
Other Immaterial Actions [Member] \| Other [Member]
Restructuring Reserve [Roll Forward]
Balance Beginning of Year	0.7
(Income) Expense, Net	0.6
Foreign Currency Translation	0.0
Cash utilized, net	(0.6)
Non-cash utilized, net	0.0
Balance End of Year	0.7	$ 0.7
Elizabeth Arden [Member] \| Other Immaterial Actions [Member]
Restructuring Reserve [Roll Forward]
(Income) Expense, Net	$ 1.8

RESTRUCTURING CHARGES - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges	$ 0.5	$ 4.0	$ 2.3	$ 0.9
Payments for restructuring			7.0
Restructuring reserve within accrued expenses and other	8.8		8.8		$ 11.8
Accrued Expenses and Other [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring reserve within accrued expenses and other	8.8		8.8		11.8
Efficiency Program [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges			1.5
Expected restructuring and related charges	12.0		12.0
Restructuring and related charges to date	11.0		11.0		9.5
Expected cash payments	12.0		12.0
Expected cash payments, capital expenditures	0.2		0.2
Payments for restructuring			2.7		$ 2.8
Remaining expected restructuring costs	4.2		4.2
Efficiency Program [Member] \| Consumer Segment [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges			0.6
Expected restructuring and related charges	7.0		7.0
Restructuring and related charges to date	6.6		6.6
Efficiency Program [Member] \| Professional [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and related charges			0.5
Expected restructuring and related charges	4.2		4.2
Restructuring and related charges to date	$ 3.7		$ 3.7

DISCONTINUED OPERATIONS (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
DISCONTINUED OPERATIONS (Details) - USD ($) $ in Millions	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Income Statement Disclosures [Abstract]
Loss from discontinued operations, net of taxes	$ (0.2)	$ (1.7)	$ (2.3)	$ (1.8)
Operations in China [Member]
Income Statement Disclosures [Abstract]
Net sales	0.0	0.0	0.0	0.0
Loss from discontinued operations, before taxes	(0.2)	(1.7)	(2.3)	(1.8)
Provision for income taxes	0.0	0.0	0.0	0.0
Loss from discontinued operations, net of taxes	(0.2)	$ (1.7)	(2.3)	$ (1.8)
Balance Sheet Disclosures [Abstract]
Cash and cash equivalents	1.7		1.7		$ 2.0
Trade receivables, net	0.2		0.2		0.2
Total current assets	1.9		1.9		2.2
Total assets	1.9		1.9		2.2
Accounts payable	0.6		0.6		0.7
Accrued expenses and other	3.4		3.4		3.6
Total current liabilities	4.0		4.0		4.3
Total liabilities	$ 4.0		$ 4.0		$ 4.3

INVENTORIES - Components of Inventories (Details) - USD ($)
$ in Millions

Sep. 30, 2016

Dec. 31, 2015

Inventory Disclosure [Abstract]

$ 90.6

$ 58.2

Work-in-process

33.2

8.3

Finished goods

395.3

117.3

$ 519.1

$ 183.8

^[1]

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

GOODWILL AND INTANGIBLE ASSETS, NET - Changes in Goodwill by Segment (Details)
$ in Millions

9 Months Ended

Sep. 30, 2016

USD ($)

$ 469.7

^[1]

217.1

(1.9)

Operating Segments [Member] | Consumer [Member]

684.9

210.1

15.1

0.0

Operating Segments [Member] | Professional [Member]

225.2

240.7

0.0

0.3

Operating Segments [Member] | Elizabeth Arden [Member]

241.0

0.0

202.0

0.0

Operating Segments [Member] | Other [Member]

202.0

18.9

0.0

(2.2)

$ 16.7

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

GOODWILL AND INTANGIBLE ASSETS, NET - Summary of Intangible Assets (Details) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Dec. 31, 2015

Finite-Lived Intangible Assets, Gross Carrying Amount

$ 492.4

$ 284.1

Finite-Lived Intangible Assets, Accumulated Amortization

(79.0)

(61.1)

Indefinite-lived Intangible Assets [Line Items]

413.4

223.0

Indefinite-Lived Intangible Assets, Gross Carrying Amount

244.0

95.0

Intangible Assets, Gross Carrying Amount

736.4

379.1

Intangible Assets, Net Carrying Amount

657.4

318.0

^[1]

Amortization expense

6.2

$ 6.0

18.2

$ 16.4

Trade Names [Member]

Indefinite-lived Intangible Assets [Line Items]

Indefinite-Lived Intangible Assets, Gross Carrying Amount

244.0

95.0

Trademarks and Licenses [Member]

Finite-Lived Intangible Assets, Gross Carrying Amount

187.6

145.0

Finite-Lived Intangible Assets, Accumulated Amortization

(46.1)

(36.0)

Customer relationships [Member]

141.5

109.0

Finite-Lived Intangible Assets, Gross Carrying Amount

249.1

118.8

Finite-Lived Intangible Assets, Accumulated Amortization

(26.2)

(20.5)

Patents and Internally-Developed IP [Member]

222.9

98.3

Finite-Lived Intangible Assets, Gross Carrying Amount

20.4

16.8

Finite-Lived Intangible Assets, Accumulated Amortization

(5.7)

(4.0)

Distribution rights [Member]

14.7

12.8

Finite-Lived Intangible Assets, Gross Carrying Amount

34.0

3.5

Finite-Lived Intangible Assets, Accumulated Amortization

(1.0)

(0.6)

33.0

$ 2.9

Other [Member]

Finite-Lived Intangible Assets, Gross Carrying Amount

1.3

Finite-Lived Intangible Assets, Accumulated Amortization

0.0

Sales returns and allowances

$ 1.3

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

GOODWILL AND INTANGIBLE ASSETS, NET - Estimated Future Amortization Expense (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
2016	$ 8.6
2017	36.1
2018	35.3
2019	32.2
2020	31.2
Thereafter	270.0
Total	$ 413.4	$ 223.0

ACCRUED EXPENSES AND OTHER - Components of Accrued Expenses and Other (Details) - USD ($)
$ in Millions

Sep. 30, 2016

Dec. 31, 2015

Payables and Accruals [Abstract]

$ 47.2

$ 61.1

Compensation and related benefits

68.0

75.6

Advertising and promotional costs

65.1

38.4

Taxes

35.3

20.8

Interest

12.2

12.4

Restructuring reserve

8.8

11.8

Other

108.2

52.3

Accrued expenses and other

$ 344.8

$ 272.4

^[1]

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

LONG-TERM DEBT - Components of Long-term Debt (Details) - USD ($)

Sep. 07, 2016

Feb. 29, 2016

Sep. 30, 2016

Aug. 04, 2016

Dec. 31, 2015

$ 2,749,600,000

$ 1,813,700,000

(83,500,000)

(30,000,000)

^[1]

2016 Term Loan due 2023 [Member]

2,666,100,000

1,783,700,000

^[1]

Acquisition Term Loan due 2019 [Member]

1,750,900,000

662,100,000

$ 658,600,000

700,000,000.0

2011 Term Loan due 2017 [Member]

658,600,000

658,500,000

651,400,000

675,000,000.0

2016 Revolving Credit Facility due 2021 [Member]

651,400,000

$ 65,400,000

$ 0

6.25%

5 3/4% Senior Notes due 2021 [Member]

$ 439,200,000

$ 0

5.75%

$ 493,500,000

$ 492,500,000

Spanish Government Loan due 2025 [Member]

500,000,000

Revlon Consumer Products Corporation [Member]

600,000

Revlon Consumer Products Corporation [Member] | 2016 Term Loan due 2023 [Member]

(83,500,000)

(30,000,000)

(18,000,000)

Revlon Consumer Products Corporation [Member] | Acquisition Term Loan due 2019 [Member]

$ 1,800,000,000.0

Quarterly principal amortization payments

$ 11,700,000

$ 1,700,000

Revlon Consumer Products Corporation [Member] | 2011 Term Loan due 2017 [Member]

11,500,000

Revlon Consumer Products Corporation [Member] | 2016 Revolving Credit Facility due 2021 [Member]

651,400,000

Revlon Consumer Products Corporation [Member] | 6.25% Senior Notes due 2024 [Member]

$ (65,400,000)

Revlon Consumer Products Corporation [Member] | Amended Term Loan Facility [Member]

6.25%

$ 23,200,000

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

LONG-TERM DEBT - Debt Redemption Prices (Details) - Revlon Consumer Products Corporation [Member] - 6.25% Senior Notes due 2024 [Member]	Aug. 04, 2016
Debt Instrument, Redemption [Line Items]
Optimal Redemption Premium Percentage	106.25%
2019 [Member]
Debt Instrument, Redemption [Line Items]
Optimal Redemption Premium Percentage	104.688%
2020 [Member]
Debt Instrument, Redemption [Line Items]
Optimal Redemption Premium Percentage	103.125%
2021 [Member]
Debt Instrument, Redemption [Line Items]
Optimal Redemption Premium Percentage	101.563%
2022 and thereafter [Member]
Debt Instrument, Redemption [Line Items]
Optimal Redemption Premium Percentage	100.00%

LONG-TERM DEBT - Debt Transactions Related to Elizabeth Arden Acquisition (Details) - USD ($)	Sep. 07, 2016	Feb. 29, 2016	Sep. 30, 2016	Aug. 04, 2016	Dec. 31, 2015	Nov. 30, 2013
Elizabeth Arden [Member]
Debt Instrument [Line Items]
Acquisition, consideration transferred, repurchase and retirement of preferred stock	$ 55,000,000
Acquisition, consideration transferred, repurchase and retirement of preferred stock (in shares)	50,000
Acquisition, consideration transferred, repurchase and retirement of preferred stock, change in control premium	$ 5,000,000
Interest rate swap [Member]
Debt Instrument [Line Items]
Derivative, notional amount	400,000,000					$ 400,000,000
Revlon Consumer Products Corporation [Member] \| Elizabeth Arden [Member]
Debt Instrument [Line Items]
Acquisition, consideration transferred, cash on hand	126,700,000
Revlon Consumer Products Corporation [Member] \| Interest rate swap [Member]
Debt Instrument [Line Items]
Derivative, notional amount	400,000,000
6.25% Senior Notes due 2024 [Member]
Debt Instrument [Line Items]
Stated interest rate			6.25%		6.25%
6.25% Senior Notes due 2024 [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Stated interest rate				6.25%
2016 Revolving Credit Facility due 2021 [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Proceeds from lines of credit	$ 35,000,000
Elizabeth Arden senior notes [Member] \| Elizabeth Arden [Member]
Debt Instrument [Line Items]
Stated interest rate	7.375%
Acquisition, consideration transferred, repayment of debt of acquiree	$ 350,000,000
Elizabeth Arden revolving credit facility [Member] \| Elizabeth Arden [Member]
Debt Instrument [Line Items]
Acquisition, consideration transferred, repayment of debt of acquiree	142,500,000
Business Combination, Consideration Transferred, Repurchased Face Amount Debt Of Acquiree	142,000,000
Maximum borrowing capacity	300,000,000.0
Elizabeth Arden Second lien credit facility [Member] \| Elizabeth Arden [Member]
Debt Instrument [Line Items]
Acquisition, consideration transferred, repayment of debt of acquiree	25,000,000
2011 Term Loan due 2017 [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity					$ 675,000,000.0
Repayment of debt	651,400,000
Aggregate principal amount outstanding	651,400,000
2011 Term Loan due 2017 [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Repayment of debt		$ 11,500,000
Aggregate principal amount outstanding		651,400,000
Acquisition Term Loan due 2019 [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity					$ 700,000,000.0
Repayment of debt	658,600,000
Aggregate principal amount outstanding	$ 658,600,000
Acquisition Term Loan due 2019 [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Repayment of debt		$ 11,700,000

LONG-TERM DEBT - 2016 Term Loan Facility (Details) - USD ($)

3 Months Ended

9 Months Ended

Sep. 07, 2016

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

^[1]

Dec. 31, 2015

Loss on extinguishment of debt

$ 16,900,000

$ 0

$ 16,900,000

$ 0

5 3/4% Senior Notes due 2021 [Member]

Revlon Consumer Products Corporation [Member] | 2016 Term Loan due 2023 [Member]

5.75%

Debt alternate term, period from maturity of other debt

$ 1,800,000,000.0

Debt term

7 years

91 days

Amount by which available liquidity does not exceed principal amount of other debt

$ 200,000,000.0

Original issue discount percentage

0.50%

Maximum borrowing capacity, base for calculation of potential increase

$ 450,000,000.0

Maximum borrowing capacity, addition for calculation of potential increase, percentage of pro forma consolidated EBITDA

90.00%

First lien leverage ratio

3.5

Secured leverage ratio

4.25

Maximum borrowing capacity, additional potential increase if other debt repaid and terminated

$ 400,000,000.0

Equity of first tier foreign subsidiaries in excess of voting equity interests

65.00%

Covenant terms, available amount base, percentage of cumulative consolidated net income

50.00%

Covenant terms, available amount addition

$ 200,000,000.0

Covenant terms, net debt to consolidated EBITDA ratio

5.0

Mandatory prepayments, percentage of excess cash flow, next fiscal year

50.00%

Mandatory prepayments, step down percentage, achievement one

25.00%

Mandatory prepayments, step down percentage, achievement two

0.00%

Mandatory prepayments, premium payable in connection with a repricing transaction within six months

1.00%

Debt issuance costs - capitalized and expensed

$ 45,000,000

Debt issuance costs capitalized

39,100,000

$ 39,100,000

Debt issuance costs expensed

5,900,000

Loss on extinguishment of debt

16,800,000

$ 16,800,000

Revlon Consumer Products Corporation [Member] | 2011 Term Loan and Acquisition Term Loan [Member]

Write off of deferred debt issuance costs

$ 10,900,000

Adjusted LIBOR [Member] | Revlon Consumer Products Corporation [Member] | 2016 Term Loan due 2023 [Member]

Basis spread on variable interest rate

Variable rate floor

0.75%

3.50%

Alternate base rate [Member] | Revlon Consumer Products Corporation [Member] | 2016 Term Loan due 2023 [Member]

Basis spread on variable interest rate

2.50%

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

LONG-TERM DEBT - 2016 Revolving Credit Facility (Details)		3 Months Ended	9 Months Ended
	Sep. 07, 2016 USD ($) exercise_cure_right	Sep. 30, 2016 USD ($)	Sep. 30, 2016 USD ($)	Dec. 31, 2015
2016 Revolving Credit Facility due 2021 [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Debt term	5 years
Debt alternate term, period from maturity of other debt	91 days
2016 Revolving Credit Facility due 2021 [Member] \| Revolving credit facility [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 400,000,000.0
Maximum borrowing capacity, potential increase	$ 50,000,000.0
Borrowing base calculation, percentage of eligible accounts receivable	85.00%
Borrowing base calculation, percentage of net orderly liquidation value	85.00%
Borrowing base calculation, qualified restricted cash cap	$ 75,000,000.0
Amount by which available liquidity does not exceed principal amount of other debt	$ 200,000,000.0
Equity of first tier foreign subsidiaries in excess of voting equity interests	65.00%
Unused capacity commitment fee percentage	0.25%
Covenant terms, liquidity	$ 35,000,000.0
Covenant terms, percentage of maximum	10.00%
Covenant terms, consolidated fixed charge coverage ratio	100.00%
Covenant terms, liquidity threshold, consecutive business days	20 days
Number of exercise cure rights in any four quarter period \| exercise_cure_right	2
Number of exercise cure rights during term \| exercise_cure_right	5
Debt issuance costs - capitalized and expensed		$ 5,700,000
Debt issuance costs capitalized		5,600,000	$ 5,600,000
Debt issuance costs expensed		$ 100,000	$ 100,000
2016 Revolving Credit Facility due 2021 [Member] \| Sublimit, letters of credit [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 100,000,000.0
2016 Revolving Credit Facility due 2021 [Member] \| Sublimit, swing line loans [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 70,000,000.0
5 3/4% Senior Notes due 2021 [Member]
Debt Instrument [Line Items]
Stated interest rate		5.75%	5.75%	5.75%
Alternate base rate [Member] \| Average excess availability, threshold one [Member] \| 2016 Revolving Credit Facility due 2021 [Member] \| Revolving credit facility [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Basis spread on variable interest rate	0.25%
Alternate base rate [Member] \| Average excess availability, threshold two [Member] \| 2016 Revolving Credit Facility due 2021 [Member] \| Revolving credit facility [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Basis spread on variable interest rate	0.50%
Alternate base rate [Member] \| Average excess availability, threshold three [Member] \| 2016 Revolving Credit Facility due 2021 [Member] \| Revolving credit facility [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Basis spread on variable interest rate	0.75%
Eurocurrency [Member] \| Average excess availability, threshold one [Member] \| 2016 Revolving Credit Facility due 2021 [Member] \| Revolving credit facility [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Basis spread on variable interest rate	1.25%
Eurocurrency [Member] \| Average excess availability, threshold two [Member] \| 2016 Revolving Credit Facility due 2021 [Member] \| Revolving credit facility [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Basis spread on variable interest rate	1.50%
Eurocurrency [Member] \| Average excess availability, threshold three [Member] \| 2016 Revolving Credit Facility due 2021 [Member] \| Revolving credit facility [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Basis spread on variable interest rate	1.75%

LONG-TERM DEBT - 6.25% Senior Notes (Details) - 6.25% Senior Notes due 2024 [Member]	Aug. 04, 2016 USD ($)	Sep. 30, 2016 USD ($)	Dec. 31, 2015
Debt Instrument [Line Items]
Stated interest rate		6.25%	6.25%
Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Stated interest rate	6.25%
Aggregate principal amount	$ 450,000,000.0
Frequency of interest payments	6 months
Percentage of principal amount that may be redeemed	40.00%
Redemption price percentage	106.25%
Minimum percentage of principal amount to remain outstanding after redemption	60.00%
Redemption price percentage, change of control	101.00%
Debt issuance costs capitalized		$ 10,900,000
Treasury rate [Member] \| Revlon Consumer Products Corporation [Member]
Debt Instrument [Line Items]
Optional redemption, make-whole premium, basis spread on variable rate	0.0050

LONG-TERM DEBT - Excess Cash Flow Payment and Covenants (Details) - USD ($)	Sep. 07, 2016	Feb. 29, 2016	Sep. 30, 2016	Aug. 04, 2016	Dec. 31, 2015
2011 Term Loan due 2017 [Member]
Debt Instrument [Line Items]
Repayment of debt	$ 651,400,000
Aggregate principal amount outstanding	651,400,000
Maximum borrowing capacity					$ 675,000,000.0
Acquisition Term Loan due 2019 [Member]
Debt Instrument [Line Items]
Repayment of debt	658,600,000
Aggregate principal amount outstanding	658,600,000
Maximum borrowing capacity					$ 700,000,000.0
6.25% Senior Notes due 2024 [Member]
Debt Instrument [Line Items]
Stated interest rate			6.25%		6.25%
5 3/4% Senior Notes due 2021 [Member]
Debt Instrument [Line Items]
Aggregate principal amount outstanding			$ 500,000,000
Stated interest rate			5.75%		5.75%
Revlon Consumer Products Corporation [Member] \| Amended Term Loan Facility [Member]
Debt Instrument [Line Items]
Repayment of debt		$ 23,200,000
Percentage of excess cash flow, as defined		50.00%
Revlon Consumer Products Corporation [Member] \| 2011 Term Loan due 2017 [Member]
Debt Instrument [Line Items]
Repayment of debt		$ 11,500,000
Aggregate principal amount outstanding		651,400,000
Revlon Consumer Products Corporation [Member] \| Acquisition Term Loan due 2019 [Member]
Debt Instrument [Line Items]
Repayment of debt		11,700,000
Scheduled principal payments		$ 6,800,000			$ 6,900,000
Revlon Consumer Products Corporation [Member] \| 2016 Term Loan due 2023 [Member]
Debt Instrument [Line Items]
Amount outstanding			$ 1,800,000,000
Maximum borrowing capacity	1,800,000,000.0
Revlon Consumer Products Corporation [Member] \| 6.25% Senior Notes due 2024 [Member]
Debt Instrument [Line Items]
Stated interest rate				6.25%
Revolving credit facility [Member] \| Revlon Consumer Products Corporation [Member] \| 2016 Revolving Credit Facility due 2021 [Member]
Debt Instrument [Line Items]
Amount outstanding			65,400,000
Maximum borrowing capacity	400,000,000.0
Calculated borrowing base	300,000,000
Remaining borrowing capacity			207,900,000
Sublimit, letters of credit [Member] \| Revlon Consumer Products Corporation [Member] \| 2016 Revolving Credit Facility due 2021 [Member]
Debt Instrument [Line Items]
Amount outstanding			10,500,000
Maximum borrowing capacity	$ 100,000,000.0
Outstanding checks [Member] \| Revlon Consumer Products Corporation [Member] \| 2016 Revolving Credit Facility due 2021 [Member]
Debt Instrument [Line Items]
Amount outstanding			$ 16,200,000

FAIR VALUE MEASUREMENTS - Schedule of Fair Values of Financial Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Assets:
FX Contracts	$ 1.4	$ 2.0
Total assets at fair value	1.4	2.0
Liabilities:
FX Contracts	3.1	0.6
2013 Interest Rate Swap	6.3	6.5
Total liabilities at fair value	9.4	7.1
Level 1 [Member]
Assets:
FX Contracts	0.0	0.0
Total assets at fair value	0.0	0.0
Liabilities:
FX Contracts	0.0	0.0
2013 Interest Rate Swap	0.0	0.0
Total liabilities at fair value	0.0	0.0
Level 2 [Member]
Assets:
FX Contracts	1.4	2.0
Total assets at fair value	1.4	2.0
Liabilities:
FX Contracts	3.1	0.6
2013 Interest Rate Swap	6.3	6.5
Total liabilities at fair value	9.4	7.1
Level 3 [Member]
Assets:
FX Contracts	0.0	0.0
Total assets at fair value	0.0	0.0
Liabilities:
FX Contracts	0.0	0.0
2013 Interest Rate Swap	0.0	0.0
Total liabilities at fair value	$ 0.0	$ 0.0

FAIR VALUE MEASUREMENTS - Schedule of Fair Values of Financial Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Liabilities:
Fair Value, Long-term debt, including current portion	$ 2,842.9	$ 1,818.0
Carrying Value, Long-term debt, including current portion	2,749.6	1,813.7
Level 1 [Member]
Liabilities:
Fair Value, Long-term debt, including current portion	0.0	0.0
Level 2 [Member]
Liabilities:
Fair Value, Long-term debt, including current portion	2,842.9	1,818.0
Level 3 [Member]
Liabilities:
Fair Value, Long-term debt, including current portion	$ 0.0	$ 0.0

FINANCIAL INSTRUMENTS - Fair Value of Derivative Financial Instruments in Consolidated Balance Sheet (Details) - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Interest rate swap [Member] \| Designated as hedging instrument [Member] \| Prepaid expenses and other [Member]
Derivative Instruments [Abstract]
Fair value of gross derivative asset	$ 0.0	$ 0.0
Interest rate swap [Member] \| Designated as hedging instrument [Member] \| Other assets [Member]
Derivative Instruments [Abstract]
Fair value of gross derivative asset	0.0	0.0
Interest rate swap [Member] \| Designated as hedging instrument [Member] \| Accrued expenses and other [Member]
Derivative Instruments [Abstract]
Fair value of gross derivative liabilities	0.0	4.0
Interest rate swap [Member] \| Designated as hedging instrument [Member] \| Other long-term liabilities [Member]
Derivative Instruments [Abstract]
Fair value of gross derivative liabilities	0.0	2.5
Interest rate swap [Member] \| Not designated as hedging instrument [Member] \| Prepaid expenses and other [Member]
Derivative Instruments [Abstract]
Fair value of gross derivative asset	0.0	0.0
Interest rate swap [Member] \| Not designated as hedging instrument [Member] \| Other assets [Member]
Derivative Instruments [Abstract]
Fair value of gross derivative asset	0.0	0.0
Interest rate swap [Member] \| Not designated as hedging instrument [Member] \| Accrued expenses and other [Member]
Derivative Instruments [Abstract]
Fair value of gross derivative liabilities	4.0	0.0
Interest rate swap [Member] \| Not designated as hedging instrument [Member] \| Other long-term liabilities [Member]
Derivative Instruments [Abstract]
Fair value of gross derivative liabilities	2.3	0.0
Foreign exchange contracts [Member] \| Not designated as hedging instrument [Member] \| Prepaid expenses and other [Member]
Derivative Instruments [Abstract]
Fair value of gross derivative asset	1.4	2.0
Foreign exchange contracts [Member] \| Not designated as hedging instrument [Member] \| Accrued expenses and other [Member]
Derivative Instruments [Abstract]
Fair value of gross derivative liabilities	$ 3.1	$ 0.6

FINANCIAL INSTRUMENTS - Effects of Derivative Financial Instruments, Other Comprehensive Income (Loss) and Net Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Revaluation of derivative financial instrument, tax expense (benefit)	$ 0.5	$ (0.5)	$ 0.1	$ (1.7)
Interest rate swap [Member] \| Designated as hedging instrument [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in other comprehensive income	0.8	(0.7)	0.1	(2.7)
Interest rate swap [Member] \| Designated as hedging instrument [Member] \| Interest expense [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in net income	(1.0)	(1.0)	(3.2)	(1.5)
Interest rate swap [Member] \| Not designated as hedging instrument [Member] \| Miscellaneous, net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in net income	0.0	0.0	0.0	0.0
Foreign exchange contracts [Member] \| Not designated as hedging instrument [Member] \| Foreign currency gain (loss), net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of gain (loss) recognized in net income	$ (0.3)	$ 2.3	$ (0.8)	$ 3.2

FINANCIAL INSTRUMENTS - Additional Information (Details) - USD ($)

1 Months Ended

9 Months Ended

Sep. 07, 2016

Nov. 30, 2013

Sep. 30, 2016

Jun. 30, 2016

Dec. 31, 2015

Sep. 30, 2015

Jun. 30, 2015

Dec. 31, 2014

Fair Value Measurements Of Financial Instruments [Line Items]

Standby and trade letters of credit for various corporate purposes

$ 10,500,000

$ 8,800,000

Accumulated loss

(559,600,000)

(587,500,000)

^[1]

Fair value of assets

1,400,000

2,000,000

Deferred Gain - Hedging [Member]

Fair Value Measurements Of Financial Instruments [Line Items]

Accumulated loss

(3,700,000)

(3,800,000)

Foreign exchange contracts [Member]

Fair Value Measurements Of Financial Instruments [Line Items]

Derivative, notional amount

122,800,000

76,300,000

Interest rate swap [Member]

Fair Value Measurements Of Financial Instruments [Line Items]

Derivative, notional amount

$ 400,000,000

Floor interest rate (percent)

1.00%

Term of contract

3 years

Fair value

(6,300,000)

Fixed interest rate (percent)

2.0709%

Fixed interest rate on debt (percent)

5.5709%

Discontinuation of cash flow hedge, accumulated deferred losses to be reclassified to earnings over remaining term

6,300,000

Discontinuation of cash flow hedge, accumulated deferred losses after tax to be reclassified to earnings over remaining term

$ 3,900,000

Losses to be reclassified to earnings, next twelve months

2,400,000

Interest rate swap [Member] | Deferred Gain - Hedging [Member]

Fair Value Measurements Of Financial Instruments [Line Items]

Accumulated loss

(3,700,000)

$ (4,500,000)

(3,800,000)

$ (4,900,000)

$ (4,200,000)

$ (2,200,000)

Standby Letters Of Credit Which Support Products Corporations Self Insurance Programs [Member]

Fair Value Measurements Of Financial Instruments [Line Items]

Standby and trade letters of credit for various corporate purposes

$ 7,200,000

$ 7,500,000

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

PENSION AND POST-RETIREMENT BENEFITS - Components of Net Periodic Benefit Costs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Net periodic benefit (income) costs:
Net periodic benefit (income) costs	$ (0.1)	$ (0.3)	$ (0.5)	$ (1.6)	$ 2.0
Pension Plans [Member]
Net periodic benefit (income) costs:
Service cost	0.1	0.2	0.4	0.6
Interest cost	5.2	7.2	15.5	21.5
Expected return on plan assets	(7.7)	(10.0)	(23.3)	(30.3)
Amortization of actuarial loss	2.2	2.2	6.6	6.3
Net periodic benefit (income) costs, before allocation	(0.2)	(0.4)	(0.8)	(1.9)
Portion allocated to Revlon Holdings	0.0	0.0	(0.1)	(0.1)
Net periodic benefit (income) costs	(0.2)	(0.4)	(0.9)	(2.0)
Other Post-Retirement Benefit Plans [Member]
Net periodic benefit (income) costs:
Service cost	0.0	0.0	0.0	0.0
Interest cost	0.1	0.1	0.3	0.3
Expected return on plan assets	0.0	0.0	0.0	0.0
Amortization of actuarial loss	0.0	0.0	0.1	0.1
Net periodic benefit (income) costs, before allocation	0.1	0.1	0.4	0.4
Portion allocated to Revlon Holdings	0.0	0.0	0.0	0.0
Net periodic benefit (income) costs	$ 0.1	$ 0.1	$ 0.4	$ 0.4

PENSION AND POST-RETIREMENT BENEFITS - Classification of Net Periodic Pension (Income) Costs (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net periodic benefit (income) costs	$ (0.1)	$ (0.3)	$ (0.5)	$ (1.6)	$ 2.0
Cost of Sales [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net periodic benefit (income) costs	(0.6)	(1.0)	(1.9)	(3.0)
Selling, general and administrative expense [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net periodic benefit (income) costs	$ 0.5	$ 0.7	$ 1.4	$ 1.4

PENSION AND POST-RETIREMENT BENEFITS - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net periodic benefit (income) costs	$ (0.1)	$ (0.3)	$ (0.5)	$ (1.6)		$ 2.0
Estimated contributions in next fiscal year			10.0
Pension Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net periodic benefit (income) costs	(0.2)	(0.4)	(0.9)	(2.0)
Employer contributions	2.2		5.3
Other Post-Retirement Benefit Plans [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net periodic benefit (income) costs	0.1	$ 0.1	0.4	$ 0.4
Employer contributions	$ 0.2		$ 0.7
Scenario, Forecast [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Net periodic benefit (income) costs					$ (1.0)

INCOME TAXES - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Tax Disclosure [Abstract]
(Benefit from) provision for income taxes	$ (0.4)	$ 24.6	$ 16.0	$ 53.8
Increase (decrease) in provision for income taxes	$ (25.0)		$ (37.8)
Federal statutory rate	35.00%		35.00%
Internal Revenue Service (IRS) [Member] \| Tax Year 2010 through 2012 [Member]
Income Tax Examination [Line Items]
Amount under tax examination			$ 85.0

ACCUMULATED OTHER COMPREHENSIVE LOSS - Components of Accumulated Other Comprehensive Loss (Details) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

^[1]

$ (587.5)

$ 5.3

$ (1.3)

13.7

^[2]

$ (12.4)

Accumulated Other Comprehensive Loss [Member]

(559.6)

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

(245.3)

^[2]

13.7

Foreign Currency Translation [Member]

(231.6)

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

(23.5)

8.0

Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent, Parenthetical Disclosures [Abstract]

(15.5)

Other comprehensive income (loss), tax expense (benefit)

1.3

Actuarial (Loss) Gain on Post-retirement Benefits [Member]

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

(217.7)

5.6

Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent, Parenthetical Disclosures [Abstract]

(212.1)

Other comprehensive income (loss), tax expense (benefit)

1.1

Deferred Gain (Loss) - Hedging [Member]

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

(3.8)

0.1

Other Comprehensive Income (Loss), Tax, Portion Attributable to Parent, Parenthetical Disclosures [Abstract]

(3.7)

Other comprehensive income (loss), tax expense (benefit)

0.1

Other [Member]

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

(0.3)

0.0

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

$ (0.3)

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.
[2]	See Note 13, “Accumulated Other Comprehensive Loss,” regarding the changes in the accumulated balances for each component of other comprehensive income during the nine months ended September 30, 2016.

ACCUMULATED OTHER COMPREHENSIVE LOSS - Reclassification out of Accumulated Comprehensive Loss (Details) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

^[1]

$ (587.5)

Other Comprehensive Income (Loss), Tax [Abstract]

$ (559.6)

(559.6)

Reclassifications into earnings - tax expense (benefit)

0.4

$ 0.4

1.2

$ 0.6

Change in fair value - tax expense (benefit)

0.1

(0.9)

(1.1)

(2.3)

Deferred Gain (Loss) - Hedging [Member]

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

(3.8)

Deferred Gain (Loss) - Hedging [Member] | Interest rate swap [Member]

(3.7)

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

(4.5)

(4.2)

(3.8)

(2.2)

Deferred Gain (Loss) - Hedging [Member] | Interest rate swap [Member] | Interest expense [Member] | Reclassification out of Accumulated Other Comprehensive Income (Loss) [Member]

(3.7)

(4.9)

(3.7)

(4.9)

Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]

Reclassifications into earnings, net of tax

0.7

2.0

0.9

Change in fair value, net of tax

$ 0.1

$ (1.4)

$ (1.9)

$ (3.6)

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

SEGMENT DATA AND RELATED INFORMATION - Net Sales and Segment Profit (Details) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

$ 604.8

$ 471.5

$ 1,533.3

$ 1,392.4

Depreciation and amortization

41.7

55.0

129.9

160.9

81.0

76.8

^[1]

Non-Operating items:

Restructuring and related charges

0.5

4.0

2.3

0.9

Acquisition and integration costs

33.5

0.6

39.5

6.5

Interest expense

27.4

21.5

69.3

62.0

Amortization of debt issuance costs

1.7

1.4

4.6

4.2

^[1]

Loss on early extinguishment of debt, net

16.9

0.0

16.9

0.0

^[1]

Foreign currency losses (gains), net

1.2

(0.7)

6.3

7.3

Miscellaneous, net

(0.6)

0.3

(0.1)

0.5

(Loss) income from continuing operations before income taxes

(4.9)

32.5

32.9

86.9

Operating Segments [Member]

604.8

471.5

1,533.3

1,392.4

Corporate, Non-Segment [Member]

137.1

108.0

325.4

307.7

Unallocated corporate expenses

24.2

20.4

59.1

55.7

Segment Reconciling Items [Member]

Depreciation and amortization

28.8

26.0

81.0

76.8

Non-cash stock compensation expense

1.5

1.0

4.8

3.8

Non-Operating items:

Restructuring and related charges

0.5

4.2

2.3

1.9

Acquisition and integration costs

33.5

0.6

39.5

6.5

Deferred Compensation related to CBB Acquisition

0.8

0.9

2.6

1.6

Inventory purchase accounting adjustment, cost of sales

0.2

(0.1)

0.3

0.5

Consumer [Member] | Operating Segments [Member]

342.8

348.1

1,022.3

1,027.1

Professional [Member] | Operating Segments [Member]

81.0

86.0

220.4

232.0

118.8

114.5

357.2

352.1

Elizabeth Arden [Member] | Operating Segments [Member]

23.7

23.4

73.4

76.9

135.2

0.0

135.2

0.0

Other [Member] | Operating Segments [Member]

32.5

0.0

32.5

0.0

8.0

8.9

18.6

13.2

Elizabeth Arden [Member] | Segment Reconciling Items [Member]

(0.1)

(1.4)

(0.9)

(1.2)

Non-Operating items:

Inventory purchase accounting adjustment, cost of sales

4.2

0.0

4.2

0.0

Elizabeth Arden 2016 Business Transformation Program

$ 1.7

$ 0.0

$ 1.7

$ 0.0

[1]	Adjusted as a result of the adoption of certain accounting pronouncements beginning on January 1, 2016. See Note 1, "Description of Business and Summary of Significant Accounting Policies - Recently Adopted Accounting Pronouncements" for details of these adjustments.

SEGMENT DATA AND RELATED INFORMATION - Schedule of Net Sales and Long-Lived Assets by Geographic Area (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 604.8	$ 471.5	$ 1,533.3	$ 1,392.4
Long-lived assets, net	1,754.1		1,754.1		$ 1,087.1
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 326.1	$ 255.0	$ 836.8	$ 766.4
Percentage of net sales by geographic location (percent)	54.00%	54.00%	55.00%	55.00%
Long-lived assets, net	$ 1,464.5		$ 1,464.5		$ 854.7
Percentage of long-lived assets, net by geographic location (percent)	83.00%		83.00%		79.00%
International [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net sales	$ 278.7	$ 216.5	$ 696.5	$ 626.0
Percentage of net sales by geographic location (percent)	46.00%	46.00%	45.00%	45.00%
Long-lived assets, net	$ 289.6		$ 289.6		$ 232.4
Percentage of long-lived assets, net by geographic location (percent)	17.00%		17.00%		21.00%

SEGMENT DATA AND RELATED INFORMATION - Schedule of Net Sales by Classes of Similar Products (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Revenue from External Customer [Line Items]
Net sales	$ 604.8	$ 471.5	$ 1,533.3	$ 1,392.4
Color cosmetics [Member]
Revenue from External Customer [Line Items]
Net sales	$ 245.5	$ 242.5	$ 731.7	$ 746.4
Percentage of net sales by classes of similar products	41.00%	51.00%	48.00%	54.00%
Hair care [Member]
Revenue from External Customer [Line Items]
Net sales	$ 135.3	$ 131.3	$ 402.1	$ 388.1
Percentage of net sales by classes of similar products	22.00%	28.00%	26.00%	28.00%
Beauty care [Member]
Revenue from External Customer [Line Items]
Net sales	$ 96.2	$ 74.8	$ 244.6	$ 209.9
Percentage of net sales by classes of similar products	16.00%	16.00%	16.00%	15.00%
Fragrance [Member]
Revenue from External Customer [Line Items]
Net sales	$ 127.8	$ 22.9	$ 154.9	$ 48.0
Percentage of net sales by classes of similar products	21.00%	5.00%	10.00%	3.00%

BASIC AND DILUTED EARNINGS PER COMMON SHARE - Components of Basic and Diluted Earnings Per Share (Detail) - USD ($)
$ / shares in Units, $ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2016

Sep. 30, 2015

Sep. 30, 2016

Sep. 30, 2015

Numerator:

(Loss) Income from continuing operations, net of taxes

$ (4.5)

$ 7.9

$ 16.9

$ 33.1

Loss from discontinued operations, net of taxes

(0.2)

(1.7)

(2.3)

(1.8)

Weighted average common shares outstanding - Basic (shares)

$ (4.7)

$ 6.2

$ 14.6

$ 31.3

^[1]

Denominator:

52,498,246

52,440,580

52,498,840

52,422,660

Effect of dilutive restricted stock (shares)

163,131

118,900

170,547

Weighted average common shares outstanding - Diluted (shares)

52,498,246

52,603,711

52,617,740

52,593,207

Basic (loss) earnings per common share:

$ (0.09)

$ 0.15

$ 0.32

$ 0.63

0.00

(0.03)

(0.04)

(0.03)

Diluted (loss) earnings per common share:

(0.09)

0.12

0.28

0.60

(0.09)

0.15

0.32

0.63

0.00

(0.03)

(0.04)

(0.03)