Segment Information

9 Months Ended

Oct. 02, 2011

Segment Information [Abstract]

SEGMENT INFORMATION

NOTE 4 — SEGMENT INFORMATION

Based on the quantitative thresholds specified in applicable accounting standards, the Company has determined that it has two reportable segments: (1) the Modular Carpet segment, which includes its InterfaceFLOR, Heuga and FLOR modular carpet businesses, as well as its Intersept antimicrobial sales and licensing program, and (2) the Bentley Prince Street segment, which includes its Bentley Prince Street broadloom, modular carpet and area rug businesses. In 2007, the Company sold its former Fabrics Group business segment (see Note 9 for further information). Accordingly, the Company has included the operations of the former Fabrics Group business segment in discontinued operations.

The accounting policies of the operating segments are the same as those described in the Summary of Significant Accounting Policies contained in the Company’s Annual Report on Form 10-K for the fiscal year ended January 2, 2011, as filed with the Commission. Segment amounts disclosed are prior to any elimination entries made in consolidation, except in the case of net sales, where intercompany sales have been eliminated. The chief operating decision-maker evaluates performance of the segments based on operating income. Costs excluded from this profit measure primarily consist of allocated corporate expenses, interest/other expense and income taxes. Corporate expenses are primarily comprised of corporate overhead expenses. Thus, operating income includes only the costs that are directly attributable to the operations of the individual segment. Assets not identifiable to any individual segment are corporate assets, which are primarily comprised of cash and cash equivalents, short-term investments, intangible assets and intercompany amounts, which are eliminated in consolidation.

Segment Disclosures

Summary information by segment follows:

	Modular		Bentley
	Carpet		Prince Street			Total
	(In thousands)
Three Months Ended October 2, 2011
Net Sales	$	248,721	$	24,385		$	273,106
Depreciation and Amortization		5,493		554			6,047
Operating Income (Loss)		26,333		(63	)		26,270
Three Months Ended October 3, 2010
Net Sales	$	226,513	$	26,211		$	252,724
Depreciation and Amortization		4,251		538			4,789
Operating Income		29,450		45			29,495

	Modular		Bentley
	Carpet		Prince Street			Total
	(In thousands)
Nine Months Ended October 2, 2011
Net Sales	$	708,567	$	77,581		$	786,148
Depreciation and Amortization		20,296		1,677			21,973
Operating Income (Loss)		78,604		(124	)		78,480
Nine Months Ended October 3, 2010
Net Sales	$	623,215	$	73,287		$	696,502
Depreciation and Amortization		12,668		1,660			14,328
Operating Income (Loss)		72,004		(2,511	)		69,493

A reconciliation of the Company’s total segment operating income, depreciation and amortization, and assets to the corresponding consolidated amounts follows:

	Three Months Ended						Nine Months Ended
	Oct. 2, 2011			Oct. 3, 2010			Oct. 2, 2011			Oct. 3, 2010
	(In thousands)						(In thousands)
DEPRECIATION AND AMORTIZATION
Total segment depreciation and amortization	$	6,047		$	4,789		$	21,973		$	14,328
Corporate depreciation and amortization		1,179			1,562			6,485			4,925
Reported depreciation and amortization	$	7,226		$	6,351		$	28,458		$	19,253
OPERATING INCOME
Total segment operating income	$	26,270		$	29,495		$	78,480		$	69,493
Corporate income, expenses and other reconciling amounts		(932	)		(1,456	)		(5,477	)		(6,233	)
Reported operating income	$	25,338		$	28,039		$	73,003		$	63,260

	Oct. 2, 2011		Jan. 2, 2011
ASSETS	(In thousands)
Total segment assets	$	664,457	$	610,024
Discontinued operations		1,200		1,200
Corporate assets and eliminations		113,648		144,209
Reported total assets	$	779,305	$	755,433