Segment reporting

The Company has three reporting segments: the Global Ceramic segment, the Flooring NA segment and the Flooring ROW segment. The Global Ceramic segment designs, manufactures, sources and markets a broad line of ceramic tile, porcelain tile, natural stone tile and other products including natural stone, quartz and porcelain slab countertops, which it distributes primarily in North America, Europe and Russia through its network of regional distribution centers and Company-operated service centers. The segment’s product lines are sold through Company-operated service centers, independent distributors, home center retailers, tile and flooring retailers and contractors. The Flooring NA segment designs, manufactures, sources and markets its floor covering product lines, including carpets, rugs, carpet pad, hardwood, laminate and vinyl products, including LVT, which it distributes 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, including independent floor covering retailers, home centers, mass merchandisers, department stores, shop at home, buying groups, commercial dealers and commercial end users. The Flooring ROW segment designs, manufactures, sources, licenses and markets laminate, hardwood flooring, carpets, rugs, roofing elements, insulation boards, medium-density fiberboard, chipboards, sheet vinyl and LVT, which it distributes primarily in Europe, Russia, Australia and New Zealand 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					Nine Months Ended
	September 29, 2018			September 30, 2017		September 29, 2018		September 30, 2017
Net sales:
Global Ceramic segment	$	885,773		893,399		2,691,618		2,581,038
Flooring NA segment	1,047,540			1,031,773		3,055,468		3,011,568
Flooring ROW segment	612,487			523,338		1,787,930		1,529,587
Intersegment sales	—			—		—		—
	$	2,545,800		2,448,510		7,535,016		7,122,193
Operating income (loss):
Global Ceramic segment	$	118,716		143,368		366,893		411,961
Flooring NA segment	93,369			163,494		268,779		383,118
Flooring ROW segment	84,108			83,042		273,334		245,189
Corporate and intersegment eliminations	(8,949		)	(9,806	)	(27,056	)	(29,561	)
	$	287,244		380,098		881,950		1,010,707



	September 29, 2018		December 31, 2017
Assets:
Global Ceramic segment	$	4,999,334	4,838,310
Flooring NA segment	3,989,784		3,702,137
Flooring ROW segment	3,709,623		3,245,424
Corporate and intersegment eliminations	302,185		308,982
	$	13,000,926	12,094,853