Segment reporting

9 Months Ended

Oct. 03, 2015

Segment Reporting [Abstract]

Segment reporting

Segment reporting

The Company has three reporting segments: the Global Ceramic segment, the Flooring NA segment and the Flooring ROW segment. The Global Ceramic segment designs, manufactures, sources and markets a broad line of ceramic tile, porcelain tile, natural stone and other products, which it distributes primarily in North America, Europe and Russia through its network of regional distribution centers and Company-operated service centers using company-operated trucks, common carriers or rail transportation. The segment’s product lines are sold through Company-operated service centers, independent distributors, home center retailers, tile and flooring retailers and contractors. The Flooring NA segment designs, manufactures, sources and markets its floor covering product lines, including carpets, rugs, carpet pad, hardwood, laminate and vinyl products, including luxury vinyl tile ("LVT"), which it distributes through its network of regional distribution centers and satellite warehouses using company-operated trucks, common carrier or rail transportation. The segment’s product lines are sold through various selling channels, including independent floor covering retailers, home centers, mass merchandisers, department stores, shop at home, buying groups, commercial dealers and commercial end users. The Flooring ROW segment designs, manufactures, sources, licenses and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard ("MDF"), chipboards, other wood products, sheet vinyl and LVT, which it distributes primarily in Europe and Russia through various selling channels, which include retailers, independent distributors and home centers.

The accounting policies for each operating segment are consistent with the Company’s policies for the consolidated financial statements. Amounts disclosed for each segment are prior to any elimination or consolidation entries. Corporate general and administrative expenses attributable to each segment are estimated and allocated accordingly. Segment performance is evaluated based on operating income. Previously reported segment results have been reclassified to conform to the current period presentation.

Segment information is as follows:

	Three Months Ended					Nine Months Ended
	October 3, 2015			September 27, 2014		October 3, 2015		September 27, 2014
Net sales:
Global Ceramic segment	$	791,538		779,842		2,301,168		2,271,660
Flooring NA segment	955,099			886,317		2,722,347		2,562,560
Flooring ROW segment	404,026			326,146		1,050,390		1,021,951
Intersegment sales	(7		)	(1,647	)	(339	)	(4,171	)
	$	2,150,656		1,990,658		6,073,566		5,852,000
Operating income (loss):
Global Ceramic segment	$	120,055		101,254		326,571		268,320
Flooring NA segment	125,910			83,623		145,861		207,578
Flooring ROW segment	55,471			35,046		153,164		113,909
Corporate and intersegment eliminations	(12,702		)	(6,230	)	(37,272	)	(23,131	)
	$	288,734		213,693		588,324		566,676

	October 3, 2015		December 31, 2014
Assets:
Global Ceramic segment	$	3,938,242	3,542,594
Flooring NA segment	3,195,904		2,587,151
Flooring ROW segment	2,699,255		1,909,487
Corporate and intersegment eliminations	231,081		246,312
	$	10,064,482	8,285,544