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Segments
12 Months Ended
Dec. 31, 2014
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.
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 periods indicated.
 
 
Year Ended December 31, 2014
 
December 31, 2014
(in thousands)
 
Net Sales
 
Gross Profit
 
Depreciation & Amortization
 
Adjusted EBITDA
 
Total Assets
Geographic divisions
 
$
1,242,584

 
$
298,304

 
$
12,245

 
$
69,979

 
$
334,990

Coleman Floor
 
53,132

 
9,350

 
117

 
(453
)
 
8,939

Other reconciling items
 

 

 
981

 
(32,637
)
 
27,289

 
 
$
1,295,716

 
$
307,654

 
$
13,343

 
 
 
$
371,218


 
 
Year Ended December 31, 2013
 
December 31, 2013
(in thousands)
 
Net Sales
 
Gross Profit
 
Depreciation & Amortization
 
Adjusted EBITDA
 
Total Assets
Geographic divisions
 
$
1,148,032

 
$
264,322

 
$
11,124

 
$
52,780

 
$
292,047

Coleman Floor
 
49,005

 
10,081

 
134

 
2,127

 
10,096

Other reconciling items
 

 

 
802

 
(27,104
)
 
16,397

 
 
$
1,197,037

 
$
274,403

 
$
12,060

 
 
 
$
318,540



 
 
Year Ended December 31, 2012
 
December 31, 2012
(in thousands)
 
Net Sales
 
Gross Profit
 
Depreciation & Amortization
 
Adjusted EBITDA
 
Total Assets
Geographic divisions
 
$
905,278

 
$
206,407

 
$
9,901

 
$
23,992

 
$
255,441

Coleman Floor
 
37,120

 
8,204

 
118

 
1,798

 
6,327

Other reconciling items
 

 
117

 
1,699

 
(23,797
)
 
24,244

 
 
$
942,398

 
$
214,728

 
$
11,718

 
 
 
$
286,012



Reconciliation to consolidated financial statements:
 
 
Year Ended December 31,
(in thousands)
 
2014
 
2013
 
2012
Income (loss) from continuing operations before income taxes
 
$
16,427

 
$
(2,162
)
 
$
(22,666
)
Interest expense
 
2,684

 
3,793

 
4,037

Depreciation and amortization
 
13,343

 
12,060

 
11,718

Impairment of assets held for sale
 
48

 
432

 
361

Public offering transaction-related costs
 
508

 
10,008

 

Restructuring expense
 
73

 
141

 
2,853

Management fees
 
182

 
1,307

 
1,379

Non-cash stock compensation expense
 
2,669

 
1,049

 
1,305

Acquisition costs
 
176

 
257

 
284

Severance and other items related to store closures and business optimization
 
779

 
1,113

 
2,375

Reduction of tax indemnification asset
 

 

 
347

Other items
 

 
(195
)
 

Adjusted EBITDA of Coleman Floor
 
453

 
(2,127
)
 
(1,798
)
Adjusted EBITDA of other reconciling items
 
32,637

 
27,104

 
23,797

Adjusted EBITDA of geographic divisions reportable segment
 
$
69,979

 
$
52,780

 
$
23,992



The Company does not earn revenues or have long-lived assets located in foreign countries. In accordance with the enterprise-wide disclosure requirements of the accounting standard, the Company's net sales from external customers by main product lines are as follows for the years ended December 31, 2014, 2013 and 2012:
(in thousands)
 
2014
 
2013
 
2012
Structural components
 
$
175,051

 
$
157,975

 
$
106,745

Millwork & other interior products
 
241,283

 
219,191

 
178,449

Lumber & lumber sheet goods
 
447,565

 
428,384

 
333,952

Windows & other exterior products
 
271,300

 
249,711

 
202,532

Other building products & services
 
160,517

 
141,776

 
120,720

Total net sales
 
$
1,295,716

 
$
1,197,037

 
$
942,398