Segments

ASC 280, Segment Reporting, 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.

The Company's operating segments consist of the East 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, the Company has aggregated our East 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." Other reconciling items 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 and six months ended June 30, 2014 and 2013.



	Three Months Ended June 30, 2014									June 30, 2014
(in thousands)	Net Sales		Gross Profit		Depreciation & Amortization		Adjusted EBITDA			Total Assets
Geographic divisions	$	331,390	$	80,002	$	3,144	$	21,382		$	346,486
Coleman Floor	13,196		2,212		29		(182		)	10,519
Other reconciling items	—		—		237		(8,260		)	24,819
	$	344,586	$	82,214	$	3,410				$	381,824



	Three Months Ended June 30, 2013
(in thousands)	Net Sales		Gross Profit		Depreciation & Amortization		Adjusted EBITDA
Geographic divisions	$	302,666	$	69,085	$	2,925	$	14,788
Coleman Floor	11,987		2,425		33		397
Other reconciling items	—		—		109		(6,159		)
	$	314,653	$	71,510	$	3,067



	Six Months Ended June 30, 2014
(in thousands)	Net Sales		Gross Profit		Depreciation & Amortization		Adjusted EBITDA
Geographic divisions	$	599,843	$	143,120	$	5,963	$	30,188
Coleman Floor	24,726		4,336		53		(597		)
Other reconciling items	—		—		430		(16,541		)
	$	624,569	$	147,456	$	6,446



	Six Months Ended June 30, 2013
(in thousands)	Net Sales		Gross Profit		Depreciation & Amortization		Adjusted EBITDA
Geographic divisions	$	541,183	$	120,618	$	5,548	$	19,372
Coleman Floor	22,196		4,682		65		824
Other reconciling items	—		—		413		(12,391		)
	$	563,379	$	125,300	$	6,026

Reconciliation to consolidated financial statements:



	Three Months Ended June 30,						Six Months Ended June 30,
(in thousands)	2014			2013			2014			2013
Net income (loss), as reported	$	5,627		$	1,978		$	2,339		$	(2,079	)
Interest expense	668			1,233			1,299			2,258
Income tax expense (benefit)	2,943			966			1,445			(913		)
Depreciation and amortization	3,410			3,067			6,446			6,026
Impairment of assets held for sale	—			—			48			—
Public offering transaction-related costs	—			686			448			686
Restructuring expense	2			39			9			99
Discontinued operations, net of taxes	(147		)	(94		)	(168		)	(251		)
Management fees	12			560			89			966
Non-cash compensation expense	495			118			980			264
Acquisition costs	—			154			—			257
Severance and other items related to store closures	(70		)	319			115			492
Adjusted EBITDA of Coleman Floor	182			(397		)	597			(824		)
Adjusted EBITDA of other reconciling items	8,260			6,159			16,541			12,391
Adjusted EBITDA of geographic divisions reportable segment	$	21,382		$	14,788		$	30,188		$	19,372