Segment reporting

3 Months Ended

Mar. 30, 2019

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
	March 30, 2019			March 31, 2018
Net sales:
Global Ceramic segment	$	898,352		876,548
Flooring NA segment	921,980			950,358
Flooring ROW segment	622,158			585,296
Intersegment sales	—			—
Total	$	2,442,490		2,412,202

Operating income (loss):
Global Ceramic segment	$	84,335		113,417
Flooring NA segment	649			74,748
Flooring ROW segment	90,431			89,060
Corporate and intersegment eliminations	(10,085		)	(8,826	)
Total	$	165,330		268,399



	March 30, 2019		December 31, 2018
Assets:
Global Ceramic segment	$	5,503,807	5,194,030
Flooring NA segment	4,020,336		3,938,639
Flooring ROW segment	3,799,591		3,666,617
Corporate and intersegment eliminations	281,341		299,837
Total	$	13,605,075	13,099,123