Acquisitions

3 Months Ended

Apr. 01, 2017

Business Combinations [Abstract]

Acquisitions

Acquisitions

On January 20, 2017, the Company and its subsidiary, Marazzi Acquisition S.r.l, entered into a share purchase agreement to acquire a ceramic company in Italy for approximately €189,900, subject to certain adjustments set forth in the share purchase agreement. The Company anticipates product, sales and manufacturing synergies that will enhance its cost position and strengthen its combined brands and distribution. The acquisition was completed on April 4, 2017. The Company has not completed the purchase price allocation for this acquisition.