XML 28 R13.htm IDEA: XBRL DOCUMENT
v3.22.4

Restructuring, Acquisition and Integration-Related Costs | 12 Months Ended
--- | ---
Dec. 31, 2022
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 and integration-related costs consisted of the following during the year ended December 31, 2022, 2021 and 2020, respectively (in thousands):
|  | 2022 |  | 2021 |  | 2020
Cost of sales |  |  |  |  |  |
Restructuring costs |  | $ | 67,621 |  |  | 17,899 |  |  | 101,230 |
Acquisition integration-related costs |  | 396 |  |  | 497 |  |  | 1,153 |
Restructuring and acquisition integration-related costs |  | $ | 68,017 |  |  | 18,396 |  |  | 102,383 |
Selling, general and administrative expenses |  |  |  |  |  |
Restructuring costs |  | $ | 9,094 |  |  | 1,301 |  |  | 24,127 |
Acquisition transaction-related costs |  | 1,654 |  |  | 2,372 |  |  | 213 |
Acquisition integration-related costs |  | 2,992 |  |  | 1,568 |  |  | 2,127 |
Restructuring, acquisition transaction and integration-related costs |  | $ | 13,740 |  |  | 5,241 |  |  | 26,467 |
The restructuring activity for the years ended December 31, 2022 and 2021, respectively is as follows (in thousands):
| Lease impairments |  | Asset write-downs (gains on disposals) |  | Severance |  | Other restructuring costs |  | Total |  |
Balance as of December 31, 2020 | $ | — |  |  | — |  |  | 11,576 |  |  | 729 |  |  | 12,305 |  |  |
Restructuring costs |  |  |  |  |  |  |  |  |  |  |
Global Ceramic | 226 |  |  | 1,458 |  |  | 134 |  |  | 808 |  |  | 2,626 |  |  |
Flooring NA | (37) |  |  | 7,595 |  |  | (284) |  |  | 9,614 |  |  | 16,888 |  |  |
Flooring ROW | — |  |  | (1,968) |  |  | (1,096) |  |  | 1,538 |  |  | (1,526) |  |  |
Corporate | — |  |  | 1,017 |  |  | 195 |  |  | — |  |  | 1,212 |  |  |
Total restructuring costs for 2021 | 189 |  |  | 8,102 |  |  | (1,051) |  |  | 11,960 |  |  | 19,200 |  |  |
Cash payments | — |  |  | — |  |  | (8,507) |  |  | (10,822) |  |  | (19,329) |  |  |
Non-cash items | (189) |  |  | (8,102) |  |  | (384) |  |  | (872) |  |  | (9,547) |  |  |
Balance as of December 31, 2021 | — |  |  | — |  |  | 1,634 |  |  | 995 |  |  | 2,629 |  |  |
Restructuring costs |  |  |  |  |  |  |  |  |  |  |
Global Ceramic | — |  |  | — |  |  | 3,365 |  |  | — |  |  | 3,365 |  |  |
Flooring NA | — |  |  | 29,327 |  |  | 741 |  |  | 14,406 |  |  | 44,474 |  |  |
Flooring ROW | — |  |  | 9,371 |  |  | 12,677 |  |  | 6,828 |  |  | 28,876 |  |  |
Corporate | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  |
Total restructuring costs for 2022 | — |  |  | 38,698 |  |  | 16,783 |  |  | 21,234 |  |  | 76,715 |  |  |
Cash payments | — |  |  | — |  |  | (8,557) |  |  | (21,241) |  |  | (29,798) |  |  |
Non-cash items | — |  |  | (38,698) |  |  | 177 |  |  | (988) |  |  | (39,509) |  |  |
Balance as of December 31, 2022 | $ | — |  |  | — |  |  | 10,037 |  |  | — |  |  | 10,037 |  |  |
2021 restructuring costs recorded in: |  |  |  |  |  |  |  |  |  |  |
Cost of sales | $ | — |  |  | 6,721 |  |  | (370) |  |  | 11,548 |  |  | 17,899 |  |  |
Selling, general and administrative expenses | 189 |  |  | 1,381 |  |  | (681) |  |  | 412 |  |  | 1,301 |  |  |
Total restructuring costs for 2021 | $ | 189 |  |  | 8,102 |  |  | (1,051) |  |  | 11,960 |  |  | 19,200 |  |  |
2022 restructuring costs recorded in: |  |  |  |  |  |  |  |  |  |  |
Cost of sales | $ | — |  |  | 38,698 |  |  | 7,915 |  |  | 21,008 |  |  | 67,621 |  |  |
Selling, general and administrative expenses | — |  |  | — |  |  | 8,868 |  |  | 226 |  |  | 9,094 |  |  |
Total restructuring costs for 2022 | $ | — |  |  | 38,698 |  |  | 16,783 |  |  | 21,234 |  |  | 76,715 |  |  |
The Company generally expects the remaining severance and other restructuring costs to be paid over the next year.

X
- Definition The entire description for costs incurred to effect a business combination that have been expensed during the period. Such costs could include business integration costs, systems integration and conversion costs, and severance and other employee-related costs. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI https://asc.fasb.org/topic&trid=2303972 + Details
Name: | us-gaap_BusinessAcquisitionIntegrationRestructuringAndOtherRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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