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Segments
 9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Segments
Segments
ASC 280, Segment Reporting (“ASC 280”) defines operating segments as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and in assessing performance.
Our operating segments consist of the East, South, and West divisions along with Coleman Floor, which offers professional flooring installation services. Due to the similar economic characteristics, nature of products, distribution methods and customers, we have aggregated our East, South and West operating segments into one reportable segment, "Geographic divisions."
In addition to our reportable segment, the Company's consolidated results include "Coleman Floor" and "Other reconciling items," which is comprised of our corporate activities.
The following tables present Net Sales, Adjusted EBITDA and certain other measures for the reportable segment and total continuing operations for the three months and nine months ended September 30, 2013 and 2012:
 
 
Three Months Ended September 30, 2013
 
September 30, 2013
 
 
Net sales
 
Gross Profit
 
Depreciation & Amortization
 
Adjusted EBITDA
 
Total Assets
Geographic divisions
 
$
315,918

 
$
72,908

 
$
2,829

 
$
16,757

 
$
307,129

Coleman Floor
 
12,550

 
2,473

 
28

 
581

 
8,664

Other reconciling items
 
—

 
—

 
175

 
(6,898
)
 
32,276

 
 
$
328,468

 
$
75,381

 
$
3,032

 

 
$
348,069

 
 
Three Months Ended September 30, 2012
 
September 30, 2012
 
 
Net sales
 
Gross Profit
 
Depreciation & Amortization
 
Adjusted EBITDA
 
Total Assets
Geographic divisions
 
$
245,836

 
$
56,233

 
$
2,326

 
$
9,419

 
$
257,516

Coleman Floor
 
9,997

 
2,283

 
27

 
662

 
6,377

Other reconciling items
 
—

 
—

 
425

 
(5,829
)
 
35,718

 
 
$
255,833

 
$
58,516

 
$
2,778

 

 
$
299,611

 
 
Nine Months Ended September 30, 2013
 
 
Net sales
 
Gross Profit
 
Depreciation & Amortization
 
Adjusted EBITDA
Geographic divisions
 
$
857,101

 
$
193,526

 
$
8,377

 
$
36,129

Coleman Floor
 
34,746

 
7,155

 
93

 
1,405

Other reconciling items
 
—

 
—

 
588

 
(19,289
)
 
 
$
891,847

 
$
200,681

 
$
9,058

 

 
 
Nine Months Ended September 30, 2012
 
 
Net sales
 
Gross Profit
 
Depreciation & Amortization
 
Adjusted EBITDA
Geographic divisions
 
$
663,856

 
$
151,105

 
$
7,474

 
$
16,087

Coleman Floor
 
26,408

 
5,896

 
92

 
1,035

Other reconciling items
 
—

 
—

 
1,273

 
(18,214
)
 
 
$
690,264

 
$
157,001

 
$
8,839

 



Reconciliation to consolidated financial statements:
 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2013
 
2012
 
2013
 
2012
Net income (loss), as reported
 
$
(5,513
)
 
$
40

 
$
(7,592
)
 
$
(10,763
)
Interest expense
 
892

 
1,022

 
3,150

 
3,070

Income tax expense (benefit)
 
1,989

 
(394
)
 
1,076

 
(5,950
)
Depreciation and amortization
 
3,032

 
2,778

 
9,058

 
8,839

Discontinued operations, net of taxes
 
(90
)
 
(289
)
 
(341
)
 
(48
)
Restructuring expense
 
31

 
145

 
130

 
166

Management fees
 
239

 
330

 
1,205

 
1,097

Non-cash stock compensation expense
 
309

 
389

 
573

 
1,069

Acquisition costs
 
—

 
—

 
257

 
46

Severance and other expense related to store closures and business optimization
 
229

 
231

 
721

 
1,035

Reduction of tax indemnification asset
 
—

 
—

 
—

 
347

IPO transaction-related costs
 
9,322

 
—

 
10,008

 
—

Adjusted EBITDA of Coleman Floor
 
(581
)
 
(662
)
 
(1,405
)
 
(1,035
)
Adjusted EBITDA of other reconciling items
 
6,898

 
5,829

 
19,289

 
18,214

Adjusted EBITDA of geographic divisions reportable segment
 
$
16,757

 
$
9,419

 
$
36,129

 
$
16,087