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Note 14 - Supplemental Condensed Consolidating Guarantor Financial Statements (Tables) | 6 Months Ended
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Jun. 30, 2013
Supplemental Guarantor Financial Statements [Abstract] |
Condensed Income Statement [Table Text Block] |
|  | GUARANTOR SUBSIDIARIES |  |  | NON-GUARANTOR SUBSIDIARIES |  |  | INTERFACE, INC. (PARENT CORPORATION) |  |  | CONSOLIDATION AND ELIMINATION ENTRIES |  |  | CONSOLIDATED TOTALS |
|  | (In thousands) |
Net sales |  | $ | 165,446 |  |  | $ | 116,756 |  |  | $ | 0 |  |  | $ | (38,719 | ) |  | $ | 243,483 |
Cost of sales |  |  | 118,083 |  |  |  | 77,886 |  |  |  | 0 |  |  |  | (38,719 | ) |  |  | 157,250 |
Gross profit on sales |  |  | 47,363 |  |  |  | 38,870 |  |  |  | 0 |  |  |  | 0 |  |  |  | 86,233 |
Selling, general and administrative expenses |  |  | 27,752 |  |  |  | 29,142 |  |  |  | 7,536 |  |  |  | 0 |  |  |  | 64,430 |
Operating income (loss) |  |  | 19,611 |  |  |  | 9,728 |  |  |  | (7,536 | ) |  |  | 0 |  |  |  | 21,803 |
Interest/Other expense |  |  | 7,883 |  |  |  | 1,985 |  |  |  | (3,963 | ) |  |  | 0 |  |  |  | 5,905 |
Income before taxes on income and equity in income of subsidiaries |  |  | 11,728 |  |  |  | 7,743 |  |  |  | (3,573 | ) |  |  | 0 |  |  |  | 15,898 |
Income tax expense |  |  | 3,639 |  |  |  | 2,403 |  |  |  | (1,109 | ) |  |  | 0 |  |  |  | 4,933 |
Equity in income (loss) of subsidiaries |  |  | 0 |  |  |  | 0 |  |  |  | 13,429 |  |  |  | (13,429 | ) |  |  | 0 |
Net income (loss) |  | $ | 8,089 |  |  | $ | 5,340 |  |  | $ | 10,965 |  |  | $ | (13,429 | ) |  | $ | 10,965 |
|  | GUARANTOR SUBSIDIARIES |  |  | NON- GUARANTOR SUBSIDIARIES |  |  | INTERFACE, INC. (PARENT CORPORATION) |  |  | CONSOLIDATION AND ELIMINATION ENTRIES |  |  | CONSOLIDATED TOTALS |
|  | (In thousands) |
Net sales |  | $ | 296,154 |  |  | $ | 228,629 |  |  | $ | 0 |  |  | $ | (70,931 | ) |  | $ | 453,852 |
Cost of sales |  |  | 213,792 |  |  |  | 153,506 |  |  |  | 0 |  |  |  | (70,931 | ) |  |  | 296,367 |
Gross profit on sales |  |  | 82,362 |  |  |  | 75,123 |  |  |  | 0 |  |  |  | 0 |  |  |  | 157,485 |
Selling, general and administrative expenses |  |  | 50,449 |  |  |  | 55,234 |  |  |  | 16,005 |  |  |  | 0 |  |  |  | 121,688 |
Operating income (loss) |  |  | 31,913 |  |  |  | 19,889 |  |  |  | (16,005 | ) |  |  | 0 |  |  |  | 35,797 |
Interest/Other expense |  |  | 13,854 |  |  |  | 4,930 |  |  |  | (6,314 | ) |  |  | 0 |  |  |  | 12,470 |
Income (loss) before taxes on income and equity in income of subsidiaries |  |  | 18,059 |  |  |  | 14,959 |  |  |  | (9,691 | ) |  |  | 0 |  |  |  | 23,327 |
Income tax expense |  |  | 4,007 |  |  |  | 2,822 |  |  |  | (1,464 | ) |  |  | 0 |  |  |  | 5,365 |
Equity in income (loss) of subsidiaries |  |  | 0 |  |  |  | 0 |  |  |  | 26,189 |  |  |  | (26,189 | ) |  |  | 0 |
Net income (loss) |  | $ | 14,052 |  |  | $ | 12,137 |  |  | $ | 17,962 |  |  | $ | (26,189 | ) |  | $ | 17,962 |
Comprehensive Income (Loss) [Table Text Block] |
|  | GUARANTOR SUBSIDIARIES |  |  | NON- GUARANTOR SUBSIDIARIES |  |  | INTERFACE, INC. (PARENT CORPORATION) |  |  | CONSOLIDATION AND ELIMINATION ENTRIES |  |  | CONSOLIDATED TOTAL |
|  | (In thousands) |
Net Income (loss) |  | $ | 8,089 |  |  | $ | 5,340 |  |  | $ | 10,965 |  |  | $ | (13,429 | ) |  | $ | 10,965 |
Currency Translation Adjustment |  |  | (208 | ) |  |  | (6,610 | ) |  |  | 52 |  |  |  | 0 |  |  |  | (6,766 | )
Pension Liability Adjustment |  |  | 0 |  |  |  | (391 | ) |  |  | 73 |  |  |  | 0 |  |  |  | (318 | )
Comprehensive Income (Loss) |  | $ | 7,881 |  |  | $ | (1,661 | ) |  | $ | 11,090 |  |  | $ | (13,429 | ) |  | $ | 3,881 |
|  | GUARANTOR SUBSIDIARIES |  |  | NON- GUARANTOR SUBSIDIARIES |  |  | INTERFACE, INC. (PARENT CORPORATION) |  |  | CONSOLIDATION AND ELIMINATION ENTRIES |  |  | CONSOLIDATED TOTAL |
|  | (In thousands) |
Net Income (loss) |  | $ | 14,052 |  |  | $ | 12,137 |  |  | $ | 17,962 |  |  | $ | (26,189 | ) |  | $ | 17,962 |
Currency Translation Adjustment |  |  | (215 | ) |  |  | (12,924 | ) |  |  | 214 |  |  |  | 0 |  |  |  | (12,925 | )
Pension Liability Adjustment |  |  | 0 |  |  |  | 1,421 |  |  |  | 146 |  |  |  | 0 |  |  |  | 1,567 |
Comprehensive Income (Loss) |  | $ | 13,837 |  |  | $ | 634 |  |  | $ | 18,322 |  |  | $ | (26,189 | ) |  | $ | 6,604 |
Condensed Balance Sheet [Table Text Block] |
|  | GUARANTOR SUBSIDIARIES |  |  | NON-GUARANTOR SUBSIDIARIES |  |  | INTERFACE, INC. (PARENT CORPORATION) |  |  | CONSOLIDATION AND ELIMINATION ENTRIES |  |  | CONSOLIDATED TOTALS |
|  | (In thousands) |
ASSETS |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 1,905 |  |  | $ | 30,966 |  |  | $ | 28,499 |  |  | $ | 0 |  |  | $ | 61,370 |
Accounts receivable |  |  | 57,719 |  |  |  | 72,891 |  |  |  | 674 |  |  |  | 0 |  |  |  | 131,284 |
Inventories |  |  | 72,391 |  |  |  | 85,339 |  |  |  | 0 |  |  |  | 0 |  |  |  | 157,730 |
Prepaids and deferred income taxes |  |  | 5,679 |  |  |  | 32,824 |  |  |  | 14,607 |  |  |  | 0 |  |  |  | 53,110 |
Total current assets |  |  | 137,694 |  |  |  | 222,020 |  |  |  | 43,780 |  |  |  | 0 |  |  |  | 403,494 |
Property and equipment less accumulated depreciation |  |  | 82,218 |  |  |  | 99,161 |  |  |  | 3,068 |  |  |  | 0 |  |  |  | 184,447 |
Investment in subsidiaries |  |  | 566,538 |  |  |  | 182,666 |  |  |  | (107,973 | ) |  |  | (641,231 | ) |  |  | 0 |
Goodwill |  |  | 6,542 |  |  |  | 67,964 |  |  |  | 0 |  |  |  | 0 |  |  |  | 74,506 |
Other assets |  |  | 1,916 |  |  |  | 9,115 |  |  |  | 104,690 |  |  |  | 0 |  |  |  | 115,721 |
|  | $ | 794,908 |  |  | $ | 580,926 |  |  | $ | 43,565 |  |  | $ | (641,231 | ) |  | $ | 778,168 |
LIABILITIES AND SHAREHOLDERS’ EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 50,697 |  |  | $ | 71,578 |  |  | $ | 26,367 |  |  | $ | 0 |  |  | $ | 148,642 |
Senior notes |  |  | 0 |  |  |  | 0 |  |  |  | 275,000 |  |  |  | 0 |  |  |  | 275,000 |
Deferred income taxes |  |  | 0 |  |  |  | 10,406 |  |  |  | (3,449 | ) |  |  | 0 |  |  |  | 6,957 |
Other |  |  | 13 |  |  |  | 419 |  |  |  | 44,967 |  |  |  | 0 |  |  |  | 45,399 |
Total liabilities |  |  | 50,710 |  |  |  | 82,403 |  |  |  | 342,885 |  |  |  | 0 |  |  |  | 475,998 |
Common stock |  |  | 94,145 |  |  |  | 102,199 |  |  |  | 6,618 |  |  |  | (196,344 | ) |  |  | 6,618 |
Additional paid-in capital |  |  | 249,302 |  |  |  | 12,525 |  |  |  | 369,838 |  |  |  | (261,827 | ) |  |  | 369,838 |
Retained earnings (deficit) |  |  | 402,909 |  |  |  | 443,478 |  |  |  | (665,420 | ) |  |  | (183,060 | ) |  |  | (2,093 | )
Foreign currency translation adjustment |  |  | (2,158 | ) |  |  | (29,615 | ) |  |  | (6,496 | ) |  |  | 0 |  |  |  | (38,269 | )
Pension liability |  |  | 0 |  |  |  | (30,064 | ) |  |  | (3,860 | ) |  |  | 0 |  |  |  | (33,924 | )
|  | $ | 794,908 |  |  | $ | 580,926 |  |  | $ | 43,565 |  |  | $ | (641,231 | ) |  | $ | 778,168 |
Condensed Cash Flow Statement [Table Text Block] |
|  | GUARANTOR SUBSIDIARIES |  |  | NON-GUARANTOR SUBSIDIARIES |  |  | INTERFACE, INC. (PARENT CORPORATION) |  |  | CONSOLIDATION AND ELIMINATION ENTRIES |  |  | CONSOLIDATED TOTALS |
|  | (In thousands) |
Net cash provided by (used in) operating activities |  | $ | 3,911 |  |  | $ | (14,112 | ) |  | $ | 1,910 |  |  | $ | (745 | ) |  | $ | (9,036 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchase of plant and equipment |  |  | (13,188 | ) |  |  | (20,569 | ) |  |  | (65 | ) |  |  | 0 |  |  |  | (33,822 | )
Other |  |  | (435 | ) |  |  | (456 | ) |  |  | (682 | ) |  |  | 0 |  |  |  | (1,573 | )
Cash received from insurance company |  |  | 0 |  |  |  | 19,774 |  |  |  | 0 |  |  |  | 0 |  |  |  | 19,774 |
Net cash used for investing activities |  |  | (13,623 | ) |  |  | (1,251 | ) |  |  | (747 | ) |  |  | 0 |  |  |  | (15,621 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other |  |  | 7,685 |  |  |  | 12,457 |  |  |  | (20,887 | ) |  |  | 745 |  |  |  | 0 |
Proceeds from issuance of common stock |  |  | 0 |  |  |  | 0 |  |  |  | 1,256 |  |  |  | 0 |  |  |  | 1,256 |
Dividends paid |  |  | 0 |  |  |  | 0 |  |  |  | (3,309 | ) |  |  | 0 |  |  |  | (3,309 | )
Net cash provided by (used for) financing activities |  |  | 7,685 |  |  |  | 12,457 |  |  |  | (22,940 | ) |  |  | 745 |  |  |  | (2,053 | )
Effect of exchange rate change on cash |  |  | 0 |  |  |  | (2,453 | ) |  |  | 0 |  |  |  | 0 |  |  |  | (2,453 | )
Net increase (decrease) in cash |  |  | (2,027 | ) |  |  | (5,359 | ) |  |  | (21,777 | ) |  |  | 0 |  |  |  | (29,163 | )
Cash at beginning of period |  |  | 3,932 |  |  |  | 36,325 |  |  |  | 50,276 |  |  |  | 0 |  |  |  | 90,533 |
Cash at end of period |  | $ | 1,905 |  |  | $ | 30,966 |  |  | $ | 28,499 |  |  | $ | 0 |  |  | $ | 61,370 |

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- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e526-108580 + Details
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