XML 21 R9.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Revenue from Contracts with Customers | 9 Months Ended
--- | ---
Sep. 29, 2018
Revenue from Contract with Customer [Abstract] |
Revenue from Contracts with Customers | Revenue from Contracts with Customers Revenue recognition and accounts receivable The Company recognizes revenues when it satisfies performance obligations as evidenced by the transfer of control of the promised goods to customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods. The nature of the promised goods are ceramic, stone, carpet, resilient, laminate, wood and other flooring products. Payment is typically received 90 days or less from the invoice date. The Company adjusts the amounts of revenue for expected cash discounts, sales allowances, returns, and claims, based upon historical experience. The Company adjusts accounts receivable for doubtful account allowances based upon historical bad debt, claims experience, periodic evaluation of specific customer accounts, and the aging of accounts receivable. If the financial condition of the Company’s customers were to deteriorate, resulting in an impairment of their ability to make payments, additional allowances may be required. Contract liabilities The Company historically records contract liabilities when it receives payment prior to fulfilling a performance obligation. Contract liabilities related to revenues are recorded in accounts payable and accrued expenses on the accompanying condensed consolidating balance sheets. The Company had contract liabilities of $34,415 and $29,124 as of September 29, 2018 and January 1, 2018, respectively. Performance obligations Substantially all of the Company’s revenue is recognized at a point in time when the product is either shipped or received from the Company's facilities and control of the product is transferred to the customer. Accordingly, in any period, the Company does not recognize a significant amount of revenue from performance obligations satisfied or partially satisfied in prior periods and the amount of such revenue recognized during the three and nine months ended September 29, 2018 was immaterial. Costs to obtain a contract The Company historically incurs certain incremental costs to obtain revenue contracts. These costs relate to marketing display structures and are capitalized when the amortization period is greater than one year, with the amount recorded in other assets on the accompanying condensed consolidated balance sheets. Capitalized costs to obtain contracts were $57,051 and $43,259 as of September 29, 2018 and January 1, 2018, respectively. Amortization expense recognized during the nine months ended September 29, 2018 related to these capitalized costs was $43,498. Practical expedients and policy elections The Company elected the following practical expedients and policy elections:
• | Incremental costs of obtaining a contract is recorded as an expense when incurred in selling, general and administrative expenses if the amortization period is less than one year.
• | Shipping and handling activities performed after control has been transferred is accounted for as a fulfillment cost in cost of sales.
Revenue disaggregation The following table presents the Company’s segment revenues disaggregated by the geographical market location of customer sales and product categories for the three months ended September 29, 2018 and September 30, 2017:
September 29, 2018 | Global Ceramic segment |  | Flooring NA segment |  | Flooring ROW segment |  | Total
Geographical Markets |  |  |  |  |  |  |
United States | $ | 565,616 |  |  | 998,488 |  |  | 421 |  |  | 1,564,525 |
Europe | 175,026 |  |  | 1,217 |  |  | 438,585 |  |  | 614,828 |
Russia | 68,113 |  |  | — |  |  | 27,435 |  |  | 95,548 |
Other | 77,018 |  |  | 47,835 |  |  | 146,046 |  |  | 270,899 |
| $ | 885,773 |  |  | 1,047,540 |  |  | 612,487 |  |  | 2,545,800 |
Product Categories |  |  |  |  |  |  |
Ceramic & Stone | $ | 885,773 |  |  | 16,779 |  |  | — |  |  | 902,552 |
Carpet & Resilient | — |  |  | 851,970 |  |  | 192,001 |  |  | 1,043,971 |
Laminate & Wood | — |  |  | 178,791 |  |  | 200,499 |  |  | 379,290 |
Other (1) | — |  |  | — |  |  | 219,987 |  |  | 219,987 |
| $ | 885,773 |  |  | 1,047,540 |  |  | 612,487 |  |  | 2,545,800 |
September 30, 2017 | Global Ceramic segment |  | Flooring NA segment |  | Flooring ROW segment |  | Total
Geographical Markets |  |  |  |  |  |  |
United States | $ | 563,297 |  |  | 978,791 |  |  | 457 |  |  | 1,542,545 |
Europe | 181,938 |  |  | 4,740 |  |  | 425,868 |  |  | 612,546 |
Russia | 67,610 |  |  | — |  |  | 25,545 |  |  | 93,155 |
Other | 80,554 |  |  | 48,242 |  |  | 71,468 |  |  | 200,264 |
| $ | 893,399 |  |  | 1,031,773 |  |  | 523,338 |  |  | 2,448,510 |
Product Categories |  |  |  |  |  |  |
Ceramic & Stone | $ | 893,399 |  |  | 17,978 |  |  | — |  |  | 911,377 |
Carpet & Resilient | — |  |  | 830,780 |  |  | 109,279 |  |  | 940,059 |
Laminate & Wood | — |  |  | 183,015 |  |  | 209,294 |  |  | 392,309 |
Other (1) | — |  |  | — |  |  | 204,765 |  |  | 204,765 |
| $ | 893,399 |  |  | 1,031,773 |  |  | 523,338 |  |  | 2,448,510 |
(1) Other includes roofing elements, insulation boards, chipboards and IP contracts. The following table presents the Company’s segment revenues disaggregated by the geographical market location of customer sales and product categories for the nine months ended September 29, 2018 and September 30, 2017:
September 29, 2018 | Global Ceramic segment |  | Flooring NA segment |  | Flooring ROW segment |  | Total
Geographical Markets |  |  |  |  |  |  |
United States | $ | 1,700,338 |  |  | 2,920,604 |  |  | 421 |  |  | 4,621,363 |
Europe | 573,932 |  |  | 4,737 |  |  | 1,424,113 |  |  | 2,002,782 |
Russia | 183,244 |  |  | — |  |  | 73,417 |  |  | 256,661 |
Other | 234,104 |  |  | 130,127 |  |  | 289,979 |  |  | 654,210 |
| $ | 2,691,618 |  |  | 3,055,468 |  |  | 1,787,930 |  |  | 7,535,016 |
Product Categories |  |  |  |  |  |  |
Ceramic & Stone | $ | 2,691,618 |  |  | 52,500 |  |  | — |  |  | 2,744,118 |
Carpet & Resilient | — |  |  | 2,466,695 |  |  | 453,597 |  |  | 2,920,292 |
Laminate & Wood | — |  |  | 536,273 |  |  | 643,389 |  |  | 1,179,662 |
Other (1) | — |  |  | — |  |  | 690,944 |  |  | 690,944 |
| $ | 2,691,618 |  |  | 3,055,468 |  |  | 1,787,930 |  |  | 7,535,016 |
September 30, 2017 | Global Ceramic segment |  | Flooring NA segment |  | Flooring ROW segment |  | Total
Geographical Markets |  |  |  |  |  |  |
United States | $ | 1,679,508 |  |  | 2,861,995 |  |  | 1,644 |  |  | 4,543,147 |
Europe | 504,956 |  |  | 13,023 |  |  | 1,252,684 |  |  | 1,770,663 |
Russia | 173,874 |  |  | — |  |  | 66,166 |  |  | 240,040 |
Other | 222,700 |  |  | 136,550 |  |  | 209,093 |  |  | 568,343 |
| $ | 2,581,038 |  |  | 3,011,568 |  |  | 1,529,587 |  |  | 7,122,193 |
Product Categories |  |  |  |  |  |  |
Ceramic & Stone | $ | 2,581,038 |  |  | 60,825 |  |  | — |  |  | 2,641,863 |
Carpet & Resilient | — |  |  | 2,393,658 |  |  | 320,238 |  |  | 2,713,896 |
Laminate & Wood | — |  |  | 557,085 |  |  | 602,472 |  |  | 1,159,557 |
Other (1) | — |  |  | — |  |  | 606,877 |  |  | 606,877 |
| $ | 2,581,038 |  |  | 3,011,568 |  |  | 1,529,587 |  |  | 7,122,193 |
(1) Other includes roofing elements, insulation boards, chipboards and IP contracts.

X
- References No definition available. + Details
Name: | us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration