XML 35 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Segment reporting
 9 Months Ended
Sep. 26, 2020
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, quartz, porcelain slab countertops and other products, which it distributes primarily in North America, Europe, South America 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 resilient (includes sheet vinyl and 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 channels, including independent floor covering retailers, distributors, home centers, mass merchandisers, department stores, shop at home, buying groups, commercial contractors 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, carpet, sheet vinyl and LVT, which it distributes primarily in Europe, Australia, New Zealand 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.

Segment information is as follows:
 Three Months EndedNine Months Ended
 September 26, 2020September 28, 2019September 26, 2020September 28, 2019
Net sales:
Global Ceramic segment$911,303 916,422 2,513,088 2,772,805 
Flooring NA segment982,292 1,001,908 2,630,710 2,907,327 
Flooring ROW segment681,275 600,855 1,766,635 1,866,028 
Total$2,574,870 2,519,185 6,910,433 7,546,160 
Operating income (loss)(1):
Global Ceramic segment$73,998 83,305 88,166 283,571 
Flooring NA segment74,313 82,768 65,035 148,010 
Flooring ROW segment129,135 82,988 234,429 272,071 
Corporate and intersegment eliminations(14,702)(8,841)(34,362)(31,242)
Total$262,744 240,220 353,268 672,410 

(1)During the second quarter of 2020, the Company revised the methodology it uses to estimate and allocate corporate general and administrative expenses to its operating segments to better align usage of corporate resources allocated to the Company segments. The updated allocation methodology had no impact on the Company’s consolidated statements of operations. This change was applied retrospectively, and segment operating income for all comparative periods has been updated to reflect this change.
At September 26, 2020At December 31, 2019
Assets:
Global Ceramic segment$5,111,492 5,419,896 
Flooring NA segment3,626,339 3,823,654 
Flooring ROW segment3,928,243 3,925,246 
Corporate and intersegment eliminations1,118,140 217,884 
Total$13,784,214 13,386,680