Segment Results

3 Months Ended

Mar. 31, 2013

Segment Results [Abstract]

Segment Results

NOTE 2.  SEGMENT RESULTS

	Three Months Ended
	March 31,
	2013	2012
Net sales to external customers
Building Products	$ 292.8	$ 303.1
Resilient Flooring	214.8	227.3
Wood Flooring	114.7	105.6
Total net sales to external customers	$ 622.3	$ 636.0

	Three Months Ended
	March 31,
	2013	2012
Segment operating income (loss)
Building Products	$ 59.3	$ 43.3
Resilient Flooring	6.4	10.7
Wood Flooring	0.5	2.5
Unallocated Corporate (expense)	(19.2)	(13.8)
Total consolidated operating income	$ 47.0	$ 42.7

	Three Months Ended
	March 31,
	2013	2012
Total consolidated operating income	$ 47.0	$ 42.7
Interest expense	33.2	11.2
Other non-operating income	(1.3)	(0.8)
Earnings from continuing operations before income taxes	$ 15.1	$ 32.3

	March 31, 2013	December 31, 2012
Segment assets
Building Products	$ 1,000.2	$ 975.1
Resilient Flooring	651.5	617.6
Wood Flooring	343.2	326.4
Unallocated Corporate	874.8	935.2
Total consolidated assets	$ 2,869.7	$ 2,854.3

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, AL.  As a result, during the first quarter of 2012 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).