Segment Reporting

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

The Company has three reporting segments: Global Ceramic, Flooring NA and Flooring ROW. Global Ceramic designs, manufactures, sources and markets a broad line of ceramic tile, porcelain tile, natural stone, porcelain slabs, quartz countertops and other products, which it distributes primarily in North America, Europe, South America 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. Flooring NA designs, manufactures, sources and markets its floor covering product lines, including carpets, rugs, carpet pad, laminate, resilient (includes sheet vinyl and LVT) and wood flooring, which it distributes through its network of regional distribution centers and satellite warehouses using Company-operated trucks, common carriers or rail transportation. The segment’s product lines are sold through various selling channels, including independent floor covering retailers, distributors, home centers, mass merchandisers, department stores, shop at home, buying groups, commercial contractors and commercial end users. Flooring ROW designs, manufactures, sources, licenses and markets laminate, sheet vinyl, LVT, wood flooring, roofing elements, insulation boards, medium-density fiberboard (“MDF”), chipboards and other wood products, which it distributes primarily in Europe, Australia, New Zealand and Russia through various selling channels, which include retailers, Company-operated distributors, 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. No single customer accounted for more than 10% of net sales for the years ended December 31, 2022, 2021 or 2020.

Segment information is as follows:

	2022		2021	2020
Assets:
Global Ceramic	$	4,841,310	5,160,776	5,250,069
Flooring NA	4,299,360		4,125,960	3,594,976
Flooring ROW	4,275,519		4,361,741	4,194,447
Corporate and intersegment eliminations	704,243		576,040	1,288,259
Total	$	14,120,432	14,224,517	14,327,751
Geographic net sales:
United States	$	6,490,079	6,181,628	5,530,407
Europe	3,152,051		3,117,892	2,486,770
Russia	549,597		450,010	385,830
Other	1,545,338		1,451,083	1,149,190
Total	$	11,737,065	11,200,613	9,552,197
Long-lived assets: (1)
United States	$	2,317,409	2,309,575	2,230,971
Belgium	961,086		976,311	983,627
Other	1,770,499		1,740,946	1,699,768
Total	$	5,048,994	5,026,832	4,914,366
Net sales by product categories:
Ceramic & Stone	$	4,320,423	3,938,654	3,457,203
Carpet & Resilient	4,235,815		4,294,042	3,735,888
Laminate & Wood	1,964,486		1,852,766	1,538,967
Other (2)	1,216,341		1,115,151	820,139
Total	$	11,737,065	11,200,613	9,552,197
Net sales:
Global Ceramic	$	4,307,681	3,917,319	3,432,756
Flooring NA	4,207,041		4,116,405	3,594,075
Flooring ROW	3,222,343		3,166,889	2,525,366
Total	$	11,737,065	11,200,613	9,552,197

(1) Long-lived assets are composed of property, plant and equipment - net, and ROU operating lease assets.

(2) Other includes roofing elements, insulation boards, chipboards and IP contracts.

	2022		2021	2020
Operating (loss) income:
Global Ceramic	$	(236,066)	403,135	167,731
Flooring NA	231,076		407,577	147,442
Flooring ROW	340,167		571,126	366,934
Corporate and intersegment eliminations	(90,960)		(46,827)	(46,105)
Total	$	244,217	1,335,011	636,002
Depreciation and amortization:
Global Ceramic	$	198,866	210,634	215,488
Flooring NA	231,279		211,872	214,599
Flooring ROW	156,041		156,700	164,701
Corporate	9,278		12,505	12,719
Total	$	595,464	591,711	607,507
Capital expenditures (excluding acquisitions):
Global Ceramic	$	154,266	167,224	121,418
Flooring NA	231,068		327,691	186,179
Flooring ROW	178,313		164,318	113,378
Corporate	17,095		16,887	4,582
Total	$	580,742	676,120	425,557