Note 13 - Supplemental Condensed Consolidating Guarantor Financial Statements (Tables)

3 Months Ended

Mar. 30, 2014

Supplemental Guarantor Financial Statements [Abstract]

Condensed Income Statement [Table Text Block]

	GUARANTOR SUBSIDIARIES		NON- GUARANTOR SUBSIDIARIES		INTERFACE, INC. (PARENT CORPORATION)			CONSOLIDATION AND ELIMINATION ENTRIES			CONSOLIDATED TOTALS
	(In thousands)
Net sales	$	135,949	$	115,963	$	0		$	(32,920	)	$	218,992
Cost of sales		98,250		78,976		0			(32,920	)		144,306
Gross profit on sales		37,699		36,987		0			0			74,686
Selling, general and administrative expenses		26,298		28,267		8,094			0			62,659
Operating income (loss)		11,401		8,720		(8,094	)		0			12,027
Interest/Other expense		5,823		2,826		(3,177	)		0			5,472
Income (loss) before taxes on income and equity in income of subsidiaries		5,578		5,894		(4,917	)		0			6,555
Income tax expense (benefit)		2,153		2,275		(1,898	)		0			2,530
Equity in income (loss) of subsidiaries		0		0		7,044			(7,044	)		0
Net income (loss)	$	3,425	$	3,619	$	4,025		$	(7,044	)	$	4,025

Comprehensive Income (Loss) [Table Text Block]

	GUARANTOR SUBSIDIARIES		NON- GUARANTOR SUBSIDIARIES			INTERFACE, INC. (PARENT CORPORATION)		CONSOLIDATION AND ELIMINATION ENTRIES			CONSOLIDATED TOTAL
	(In thousands)
Net Income (loss)	$	3,425	$	3,619		$	4,025	$	(7,044	)	$	4,025
Currency Translation Adjustment		72		2,909			123		0			3,104
Pension Liability Adjustment		0		(481	)		44		0			(437	)
Comprehensive Income (Loss)	$	3,497	$	6,047		$	4,192	$	(7,044	)	$	6,692

Condensed Balance Sheet [Table Text Block]

	GUARANTOR SUBSIDIARIES			NON- GUARANTOR SUBSIDIARIES			INTERFACE, INC. (PARENT  CORPORATION)			CONSOLIDATION AND ELIMINATION ENTRIES			CONSOLIDATED TOTALS
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	2,078		$	37,197		$	23,217		$	0		$	62,492
Accounts receivable		50,013			76,657			534			0			127,204
Inventories		82,088			88,419			0			0			170,507
Prepaids and deferred income taxes		5,762			24,089			4,568			0			34,419
Total current assets		139,941			226,362			28,319			0			394,622
Property and equipment less accumulated depreciation		85,577			146,920			2,909			0			235,406
Investment in subsidiaries		567,639			204,415			(88,021	)		(684,033	)		0
Goodwill		6,542			71,931			0			0			78,473
Other assets		1,314			11,022			86,854			0			99,190
	$	801,013		$	660,650		$	30,061		$	(684,033	)	$	807,691
LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities	$	39,139		$	69,777		$	21,848		$	0		$	130,764
Senior notes		0			0			247,500			0			247,500
Long term debt		0			30,907			0			0			30,907
Deferred income taxes		0			18,110			(2,410	)		0			15,700
Other		16			9,827			26,422			0			36,265
Total liabilities		39,155			128,621			293,360			0			461,136
Redeemable preferred stock		0			0			0			0			0
Common stock		94,145			102,199			6,647			(196,344	)		6,647
Additional paid-in capital		249,302			12,525			375,652			(261,827	)		375,652
Retained earnings (deficit)		420,801			468,388			(637,071	)		(225,862	)		26,256
AOCI - Foreign currency translation adjustment		(2,390	)		(19,148	)		(5,943	)		0			(27,481	)
AOCI - Pension liability		0			(31,935	)		(2,584	)		0			(34,519	)
	$	801,013		$	660,650		$	30,061		$	(684,033	)	$	807,691

Condensed Cash Flow Statement [Table Text Block]

	GUARANTOR SUBSIDIARIES			NON- GUARANTOR SUBSIDIARIES			INTERFACE, INC. (PARENT CORPORATION)			CONSOLIDATION AND ELIMINATION ENTRIES			CONSOLIDATED TOTALS
	(In thousands)
Net cash provided by (used for) operating activities	$	(13,928	)	$	3,719		$	12,844		$	(5,195	)	$	(2,560	)
Cash flows from investing activities:
Purchase of plant and equipment		(6,205	)		(8,075	)		(195	)		5,413			(9,062	)
Other		142			(814	)		(286	)		0			(958	)
Net cash provided by (used for) investing activities		(6,063	)		(8,889	)		(481	)		5,413			(10,020	)
Cash flows from financing activities:
Borrowing of long term debt		0			4,140			0			0			4,140
Other		19,574			(14,426	)		(4,930	)		(218	)		0
Proceeds from issuance of common stock		0			0			105			0			105
Dividends paid		0			0			(1,995	)		0			(1,995	)
Net cash provided by (used for) financing activities		19,574			(10,286	)		(6,820	)		(218	)		2,250
Effect of exchange rate change on cash		0			(61	)		0			0			(61	)
Net increase (decrease) in cash		(417	)		(15,517	)		5,543			0			(10,391	)
Balance at beginning of period		2,495			52,714			17,674			0			72,883
Balance at end of period	$	2,078		$	37,197		$	23,217		$	0		$	62,492