XML 45 R23.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Note 13 - Supplemental Condensed Consolidating Guarantor Financial Statements (Tables) | 3 Months Ended
--- | ---
Mar. 30, 2014
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 |  | $ | 135,949 |  |  | $ | 115,963 |  |  | $ | 0 |  |  | $ | (32,920 | ) |  | $ | 218,992 |
Cost of sales |  |  | 98,250 |  |  |  | 78,976 |  |  |  | 0 |  |  |  | (32,920 | ) |  |  | 144,306 |
Gross profit on sales |  |  | 37,699 |  |  |  | 36,987 |  |  |  | 0 |  |  |  | 0 |  |  |  | 74,686 |
Selling, general and administrative expenses |  |  | 26,298 |  |  |  | 28,267 |  |  |  | 8,094 |  |  |  | 0 |  |  |  | 62,659 |
Operating income (loss) |  |  | 11,401 |  |  |  | 8,720 |  |  |  | (8,094 | ) |  |  | 0 |  |  |  | 12,027 |
Interest/Other expense |  |  | 5,823 |  |  |  | 2,826 |  |  |  | (3,177 | ) |  |  | 0 |  |  |  | 5,472 |
Income (loss) before taxes on income and equity in income of subsidiaries |  |  | 5,578 |  |  |  | 5,894 |  |  |  | (4,917 | ) |  |  | 0 |  |  |  | 6,555 |
Income tax expense (benefit) |  |  | 2,153 |  |  |  | 2,275 |  |  |  | (1,898 | ) |  |  | 0 |  |  |  | 2,530 |
Equity in income (loss) of subsidiaries |  |  | 0 |  |  |  | 0 |  |  |  | 7,044 |  |  |  | (7,044 | ) |  |  | 0 |
Net income (loss) |  | $ | 3,425 |  |  | $ | 3,619 |  |  | $ | 4,025 |  |  | $ | (7,044 | ) |  | $ | 4,025 |
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) |  | $ | 3,425 |  |  | $ | 3,619 |  |  | $ | 4,025 |  |  | $ | (7,044 | ) |  | $ | 4,025 |
Currency Translation Adjustment |  |  | 72 |  |  |  | 2,909 |  |  |  | 123 |  |  |  | 0 |  |  |  | 3,104 |
Pension Liability Adjustment |  |  | 0 |  |  |  | (481 | ) |  |  | 44 |  |  |  | 0 |  |  |  | (437 | )
Comprehensive Income (Loss) |  | $ | 3,497 |  |  | $ | 6,047 |  |  | $ | 4,192 |  |  | $ | (7,044 | ) |  | $ | 6,692 |
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 |  | $ | 2,078 |  |  | $ | 37,197 |  |  | $ | 23,217 |  |  | $ | 0 |  |  | $ | 62,492 |
Accounts receivable |  |  | 50,013 |  |  |  | 76,657 |  |  |  | 534 |  |  |  | 0 |  |  |  | 127,204 |
Inventories |  |  | 82,088 |  |  |  | 88,419 |  |  |  | 0 |  |  |  | 0 |  |  |  | 170,507 |
Prepaids and deferred income taxes |  |  | 5,762 |  |  |  | 24,089 |  |  |  | 4,568 |  |  |  | 0 |  |  |  | 34,419 |
Total current assets |  |  | 139,941 |  |  |  | 226,362 |  |  |  | 28,319 |  |  |  | 0 |  |  |  | 394,622 |
Property and equipment less accumulated depreciation |  |  | 85,577 |  |  |  | 146,920 |  |  |  | 2,909 |  |  |  | 0 |  |  |  | 235,406 |
Investment in subsidiaries |  |  | 567,639 |  |  |  | 204,415 |  |  |  | (88,021 | ) |  |  | (684,033 | ) |  |  | 0 |
Goodwill |  |  | 6,542 |  |  |  | 71,931 |  |  |  | 0 |  |  |  | 0 |  |  |  | 78,473 |
Other assets |  |  | 1,314 |  |  |  | 11,022 |  |  |  | 86,854 |  |  |  | 0 |  |  |  | 99,190 |
|  | $ | 801,013 |  |  | $ | 660,650 |  |  | $ | 30,061 |  |  | $ | (684,033 | ) |  | $ | 807,691 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Current liabilities |  | $ | 39,139 |  |  | $ | 69,777 |  |  | $ | 21,848 |  |  | $ | 0 |  |  | $ | 130,764 |
Senior notes |  |  | 0 |  |  |  | 0 |  |  |  | 247,500 |  |  |  | 0 |  |  |  | 247,500 |
Long term debt |  |  | 0 |  |  |  | 30,907 |  |  |  | 0 |  |  |  | 0 |  |  |  | 30,907 |
Deferred income taxes |  |  | 0 |  |  |  | 18,110 |  |  |  | (2,410 | ) |  |  | 0 |  |  |  | 15,700 |
Other |  |  | 16 |  |  |  | 9,827 |  |  |  | 26,422 |  |  |  | 0 |  |  |  | 36,265 |
Total liabilities |  |  | 39,155 |  |  |  | 128,621 |  |  |  | 293,360 |  |  |  | 0 |  |  |  | 461,136 |
Redeemable preferred stock |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |  |  |  | 0 |
Common stock |  |  | 94,145 |  |  |  | 102,199 |  |  |  | 6,647 |  |  |  | (196,344 | ) |  |  | 6,647 |
Additional paid-in capital |  |  | 249,302 |  |  |  | 12,525 |  |  |  | 375,652 |  |  |  | (261,827 | ) |  |  | 375,652 |
Retained earnings (deficit) |  |  | 420,801 |  |  |  | 468,388 |  |  |  | (637,071 | ) |  |  | (225,862 | ) |  |  | 26,256 |
AOCI - Foreign currency translation adjustment |  |  | (2,390 | ) |  |  | (19,148 | ) |  |  | (5,943 | ) |  |  | 0 |  |  |  | (27,481 | )
AOCI - Pension liability |  |  | 0 |  |  |  | (31,935 | ) |  |  | (2,584 | ) |  |  | 0 |  |  |  | (34,519 | )
|  | $ | 801,013 |  |  | $ | 660,650 |  |  | $ | 30,061 |  |  | $ | (684,033 | ) |  | $ | 807,691 |
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 for) operating activities |  | $ | (13,928 | ) |  | $ | 3,719 |  |  | $ | 12,844 |  |  | $ | (5,195 | ) |  | $ | (2,560 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Purchase of plant and equipment |  |  | (6,205 | ) |  |  | (8,075 | ) |  |  | (195 | ) |  |  | 5,413 |  |  |  | (9,062 | )
Other |  |  | 142 |  |  |  | (814 | ) |  |  | (286 | ) |  |  | 0 |  |  |  | (958 | )
Net cash provided by (used for) investing activities |  |  | (6,063 | ) |  |  | (8,889 | ) |  |  | (481 | ) |  |  | 5,413 |  |  |  | (10,020 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Borrowing of long term debt |  |  | 0 |  |  |  | 4,140 |  |  |  | 0 |  |  |  | 0 |  |  |  | 4,140 |
Other |  |  | 19,574 |  |  |  | (14,426 | ) |  |  | (4,930 | ) |  |  | (218 | ) |  |  | 0 |
Proceeds from issuance of common stock |  |  | 0 |  |  |  | 0 |  |  |  | 105 |  |  |  | 0 |  |  |  | 105 |
Dividends paid |  |  | 0 |  |  |  | 0 |  |  |  | (1,995 | ) |  |  | 0 |  |  |  | (1,995 | )
Net cash provided by (used for) financing activities |  |  | 19,574 |  |  |  | (10,286 | ) |  |  | (6,820 | ) |  |  | (218 | ) |  |  | 2,250 |
Effect of exchange rate change on cash |  |  | 0 |  |  |  | (61 | ) |  |  | 0 |  |  |  | 0 |  |  |  | (61 | )
Net increase (decrease) in cash |  |  | (417 | ) |  |  | (15,517 | ) |  |  | 5,543 |  |  |  | 0 |  |  |  | (10,391 | )
Balance at beginning of period |  |  | 2,495 |  |  |  | 52,714 |  |  |  | 17,674 |  |  |  | 0 |  |  |  | 72,883 |
Balance at end of period |  | $ | 2,078 |  |  | $ | 37,197 |  |  | $ | 23,217 |  |  | $ | 0 |  |  | $ | 62,492 |

X
- Details
Name: | tile_SupplementalGuarantorFinancialStatementsTextBlockAbstract
Namespace Prefix: | tile_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration