Segment reporting

3 Months Ended

Mar. 29, 2014

Segment Reporting [Abstract]

Segment reporting

Segment reporting

The Company has three reporting segments: the Carpet segment, the Ceramic segment and the Laminate and Wood segment. The Carpet segment designs, manufactures, sources and markets its floor covering product lines, including carpets, ceramic tile, laminate, rugs, carpet pad, hardwood and resilient, which it distributes primarily in North America through its network of regional distribution centers and satellite warehouses using company-operated trucks, common carrier or rail transportation. The segment’s product lines are sold through various selling channels, which include independent floor covering retailers, home centers, mass merchandisers, department stores, shop at home, buying groups, commercial dealers and commercial end users. The Ceramic segment designs, manufactures, sources and markets a broad line of ceramic tile, porcelain tile, natural stone and other products, which it distributes primarily in North America, Europe and Russia through its network of regional distribution centers and Company-operated service centers using company-operated trucks, common carriers or rail transportation. The segment’s product lines are sold through Company-operated service centers, independent distributors, home center retailers, tile and flooring retailers and contractors. The Laminate and Wood segment designs, manufactures, sources, licenses and markets laminate, hardwood flooring, roofing elements, insulation boards, medium-density fiberboard ("MDF"), chipboards and other wood products, which it distributes primarily in North America and Europe through various selling channels, which include retailers, independent distributors and home centers.

The accounting policies for each operating segment are consistent with the Company’s policies for the consolidated financial statements. Amounts disclosed for each segment are prior to any elimination or consolidation entries. Corporate general and administrative expenses attributable to each segment are estimated and allocated accordingly. Segment performance is evaluated based on operating income.

Segment information is as follows:

	Three Months Ended
	March 29, 2014			March 30, 2013
Net sales:
Carpet segment	$	674,926		695,334
Ceramic segment	695,094			411,881
Laminate and Wood segment	468,008			404,475
Intersegment sales	(24,933		)	(24,875	)
	$	1,813,095		1,486,815
Operating income (loss):
Carpet segment	$	34,271		25,238
Ceramic segment	60,659			29,976
Laminate and Wood segment	44,119			38,693
Corporate and intersegment eliminations	(8,314		)	(7,065	)
	$	130,735		86,842

	March 29, 2014		December 31, 2013
Assets:
Carpet segment	$	1,920,937	1,786,085
Ceramic segment	3,782,006		3,787,785
Laminate and Wood segment	2,788,839		2,716,759
Corporate and intersegment eliminations	189,706		203,548
	$	8,681,488	8,494,177