XML 17 R33.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Segment Information (Tables)
9 Months Ended
Sep. 27, 2014
Segment Reporting [Abstract]  
Business Segment Information
Reportable segment data reconciled to the Corporation's condensed consolidated financial statements for the three and nine months ended September 27, 2014, and September 28, 2013, is as follows:
 
Three Months Ended
 
Nine Months Ended
(In thousands)
September 27, 2014
 
September 28, 2013
 
September 27, 2014
 
September 28, 2013
Net Sales:
 
 
 
 
 
 
 
Office Furniture
$
488,612

 
$
466,213

 
$
1,270,404

 
$
1,268,214

Hearth Products
126,078

 
99,493

 
305,630

 
250,487

 
$
614,690

 
$
565,706

 
$
1,576,034

 
$
1,518,701

Operating Profit:
 
 
 
 
 
 
 
Office furniture
42,753

 
40,696

 
77,488

 
71,523

Hearth products
23,785

 
14,409

 
43,974

 
23,699

Total operating profit
66,538

 
55,105

 
121,462

 
95,222

Unallocated corporate expense
(15,670
)
 
(12,658
)
 
(39,468
)
 
(34,633
)
Income before income taxes
$
50,868

 
$
42,447

 
$
81,994

 
$
60,589

 
 
 
 
 
 
 
 
Depreciation & Amortization Expense:
 
 
 
 
 
 
 
Office furniture
$
12,427

 
$
9,257

 
$
34,398

 
$
27,384

Hearth products
1,121

 
1,274

 
3,455

 
4,039

General corporate
1,264

 
1,201

 
3,911

 
3,147

 
$
14,812

 
$
11,732

 
$
41,764

 
$
34,570

 
 
 
 
 
 
 
 
Capital Expenditures (including capitalized software):
 
 
 
 
 
 
 
Office furniture
$
13,542

 
$
13,689

 
$
43,378

 
$
36,638

Hearth products
1,691

 
1,133

 
4,389

 
2,798

General corporate
15,394

 
6,666

 
33,981

 
15,671

 
$
30,627

 
$
21,488

 
$
81,748

 
$
55,107

 
 
 
 
 
 
 
 
 
 
 
 
 
As of
 
As of
 
 
 
 
 
September 27,
2014
 
December 28,
2013
Identifiable Assets:
 
 
 
 
 
 
 
Office furniture
 
 
 
 
$
771,385

 
$
722,697

Hearth products
 
 
 
 
281,765

 
255,978

General corporate
 
 
 
 
145,643

 
156,030

 
 
 
 
 
$
1,198,793

 
$
1,134,705