Goodwill and intangible assets

3 Months Ended

Apr. 01, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

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

Goodwill:



	Global Ceramic segment			Flooring NA segment		Flooring ROW segment		Total
Balance as of December 31, 2016
Goodwill	$	1,482,226		869,764		1,249,861		3,601,851
Accumulated impairment losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	$	950,296		526,710		797,420		2,274,426

Currency translation during the period	$	7,790		—		10,891		18,681

Balance as of April 1, 2017
Goodwill	1,490,016			869,764		1,260,752		3,620,532
Accumulated impairment losses	(531,930		)	(343,054	)	(452,441	)	(1,327,425	)
	$	958,086		526,710		808,311		2,293,107

Intangible assets not subject to amortization:



	Tradenames
Balance as of December 31, 2016	$	580,147
Intangible assets impaired during the period	—
Currency translation during the period	7,850
Balance as of April 1, 2017	$	587,997

Intangible assets subject to amortization:

During the first quarter of 2017, the Company acquired certain assets of a distribution business in the Flooring ROW segment for $1,407, resulting in intangible assets subject to amortization of $827.



Gross carrying amounts:	Customer relationships		Patents	Other	Total
Balance as of December 31, 2016	$	569,980	234,022	6,330	810,332
Intangible assets recognized or adjusted during the period	827		—	—	827
Currency translation during the period	5,049		3,020	73	8,142
Balance as of April 1, 2017	$	575,856	237,042	6,403	819,301

Accumulated amortization:	Customer relationships		Patents	Other	Total
Balance as of December 31, 2016	$	334,276	220,598	999	555,873
Amortization during the period	6,397		3,652	10	10,059
Currency translation during the period	2,762		2,841	2	5,605
Balance as of April 1, 2017	$	343,435	227,091	1,011	571,537

Intangible assets subject to amortization, net	$	232,421	9,951	5,392	247,764

- 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

Three Months Ended

April 1,
2017

April 2,
2016

Amortization expense