Segment Results

3 Months Ended

Mar. 31, 2012

Segment Results [Abstract]

Segment Results

NOTE 2.SEGMENT RESULTS

	Three Months Ended March 31,
Net sales to external customers	2012	2011
Building Products	$ 303.1	$ 306.9
Resilient Flooring	227.3	234.7
Wood Flooring	105.6	111.0
Cabinets	32.0	32.6
Total net sales to external customers	$ 668.0	$ 685.2

	Three Months Ended March 31,
Segment operating income (loss)	2012	2011
Building Products	$ 43.3	$ 61.5
Resilient Flooring	10.7	(1.3)
Wood Flooring	2.5	3.5
Cabinets	(1.1)	(0.8)
Unallocated Corporate (expense)	(13.8)	(10.8)
Total consolidated operating income	$ 41.6	$ 52.1

	Three Months Ended March 31,
	2012	2011
Total consolidated operating income	$ 41.6	$ 52.1
Interest expense	11.2	14.8
Other non-operating expense	-	0.3
Other non-operating income	(0.8)	(0.6)
Earnings before income taxes	$ 31.2	$ 37.6

Segment assets	March 31, 2012	December 31, 2011
Building Products	$ 945.8	$ 935.6
Resilient Flooring	612.7	575.9
Wood Flooring	333.6	329.5
Cabinets	49.8	46.3
Total segment assets	1,941.9	1,887.3
Assets not assigned to segments	1,320.2	1,107.4
Total consolidated assets	$ 3,262.1	$ 2,994.7

Impairment testing of our tangible assets occurs whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable.  In March 2012, we made the decision to permanently close a previously idled ceiling tile plant in Mobile, Alabama.As a result, we recorded accelerated depreciation of $9.3 million for machinery and equipment and a $4.6 million impairment charge for buildings in cost of goods sold.The preliminary fair values were determined by management estimates and an independent valuation based on information available at that time (considered Level 2 inputs in the fair value hierarchy).Future charges may be incurred as more data becomes available.

During the first quarter of 2011, we announced the idling of our Statesville, NC engineered wood production facility.As a result, we evaluated the impairment implications of this decision and determined no impairment charge was necessary.