XML 22 R10.htm IDEA: XBRL DOCUMENT v3.23.3
Restructuring, Acquisition and Integration-Related Costs
 9 Months Ended
Sep. 30, 2023
Restructuring and Related Activities [Abstract]  
Restructuring, Acquisition and Integration-Related Costs Restructuring, Acquisition and Integration-Related Costs
The Company incurs costs in connection with acquiring, integrating and restructuring acquisitions and in connection with its global cost-reduction/productivity initiatives. For example:

•In connection with acquisition activity, the Company typically incurs costs associated with executing the transactions, integrating the acquired operations (which may include expenditures for consulting and the integration of systems and processes), and restructuring the combined company (which may include charges related to employees, assets and activities that will not continue in the combined company); and

•In connection with the Company’s cost-reduction/productivity initiatives, it typically incurs costs and charges associated with site closings and other facility rationalization actions, including accelerated depreciation (“Asset write-downs”) and workforce reductions.

Restructuring, acquisition transaction and integration-related costs consisted of the following during the three and nine months ended September 30, 2023 and October 1, 2022:
Three Months EndedNine Months Ended
September 30, 2023October 1, 2022September 30, 2023October 1, 2022
Cost of sales
Restructuring costs$42,605 30,421 101,225 31,722 
Acquisition integration-related costs55 — 932 349 
  Restructuring and acquisition integration-related costs$42,660 30,421 102,157 32,071 
Selling, general and administrative expenses
Restructuring costs$1,126 2,949 6,929 3,035 
Acquisition transaction-related costs696 481 2,000 1,508 
Acquisition integration-related costs2,598 687 9,779 1,741 
  Restructuring, acquisition transaction and integration-related costs$4,420 4,117 18,708 6,284 

The restructuring activity for the three months ended September 30, 2023 is as follows:
Asset write-
downs and
gains on
disposals		SeveranceOther
restructuring
costs		Total
Balance as of July 1, 2023$— 11,740 — 11,740 
Restructuring costs
Global Ceramic 12,569 2,135 75 14,779 
Flooring NA 24,722 (766)3,367 27,323 
Flooring ROW 383 (335)1,419 1,467 
Corporate— 162 — 162 
Total restructuring costs37,674 1,196 4,861 43,731 
Cash payments— (2,861)(741)(3,602)
Non-cash items(37,674)(181)(4,120)(41,975)
Balances as of September 30, 2023$— 9,894 — 9,894 
Restructuring costs recorded in:
Cost of sales$37,648 1,636 3,321 42,605 
Selling, general and administrative expenses26 (440)1,540 1,126 
Total restructuring costs$37,674 1,196 4,861 43,731 
The restructuring activity for the nine months ended September 30, 2023 is as follows:
Lease
impairments		Asset write-
downs and
gains on
disposals		SeveranceOther
restructuring
costs		Total
Balances as of December 31, 2022$— — 10,037 — 10,037 
Restructuring costs
Global Ceramic 255 14,702 7,818 118 22,893 
Flooring NA — 30,828 787 21,110 52,725 
Flooring ROW — 30,135 (334)2,573 32,374 
Corporate— — 162 — 162 
Total restructuring costs255 75,665 8,433 23,801 108,154 
Cash payments— — (8,446)(14,865)(23,311)
Non-cash items(255)(75,665)(130)(8,936)(84,986)
Balances as of September 30, 2023$— — 9,894 — 9,894 
Restructuring costs recorded in:
Cost of sales$— 75,516 4,700 21,009 101,225 
Selling, general and administrative expenses255 149 3,733 2,792 6,929 
Total restructuring costs$255 75,665 8,433 23,801 108,154 

The Company expects the remaining severance and other restructuring costs to be paid over the next 12 months.