Goodwill and intangible assets

9 Months Ended

Sep. 28, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

The Company's acquisition of Pergo, Marazzi and Spano resulted in preliminary goodwill allocations of $24,501, $261,124 and $35,857, respectively.

The components of goodwill and other intangible assets are as follows:

Goodwill:



	Carpet segment			Ceramic segment		Laminate and Wood segment		Total
Balance as of December 31, 2012
Goodwill	$	199,132		1,186,913		1,327,151		2,713,196
Accumulated impairment losses	(199,132		)	(531,930	)	(596,363	)	(1,327,425	)
	$	—		654,983		730,788		1,385,771

Goodwill acquired during the period	$	—		261,124		60,358		321,482
Currency translation during the period	$	—		(4,486	)	11,116		6,630

Balance as of September 28, 2013
Goodwill	$	199,132		1,443,551		1,398,625		3,041,308
Accumulated impairment losses	(199,132		)	(531,930	)	(596,363	)	(1,327,425	)
	$	—		911,621		802,262		1,713,883

Intangible assets:



Indefinite life assets not subject to amortization:	Tradenames
Balance as of December 31, 2012	$	455,503
Intangible assets acquired during the period	232,191
Currency translation during the period	6,898
Balance as of September 28, 2013	$	694,592



Intangible assets subject to amortization:	Customer relationships			Patents		Other		Total
Balance as of December 31, 2012	$	26,210		71,031		1,055		98,296
Intangible assets acquired during the period	21,792			15,188		—		36,980
Amortization during the period	(4,712		)	(14,418	)	(132	)	(19,262	)
Currency translation during the period	(412		)	1,117		(195	)	510
Balance as of September 28, 2013	$	42,878		72,918		728		116,524



	Three Months Ended			Nine Months Ended
	September 28, 2013		September 29, 2012	September 28, 2013	September 29, 2012
Amortization expense	$	13,288	15,683	19,262	47,942

- Definition

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