$TILE
INTERFACE INC

2017 Q2 Form 10-Q Financial Statement

#000143774917008711 Filed on May 11, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $221.1M $222.6M
YoY Change -0.65% -6.06%
Cost Of Revenue $133.3M $135.9M
YoY Change -1.93% -10.28%
Gross Profit $87.80M $86.63M
YoY Change 1.35% 1.44%
Gross Profit Margin 39.71% 38.93%
Selling, General & Admin $64.71M $65.61M
YoY Change -1.36% 2.51%
% of Gross Profit 73.7% 75.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.969M $7.517M
YoY Change -7.29% -3.63%
% of Gross Profit 7.94% 8.68%
Operating Expenses $64.71M $65.61M
YoY Change -1.36% 2.51%
Operating Profit $15.79M $21.03M
YoY Change -24.91% -1.74%
Interest Expense $1.617M $1.519M
YoY Change 6.45% -179.95%
% of Operating Profit 10.24% 7.22%
Other Income/Expense, Net -$1.394M -$449.0K
YoY Change 210.47% -65.46%
Pretax Income $12.78M $19.06M
YoY Change -32.96% 4.72%
Income Tax $4.231M $6.165M
% Of Pretax Income 33.11% 32.35%
Net Earnings $8.547M $12.89M
YoY Change -33.71% 4.83%
Net Earnings / Revenue 3.87% 5.79%
Basic Earnings Per Share $0.13 $0.20
Diluted Earnings Per Share $0.13 $0.20
COMMON SHARES
Basic Shares Outstanding 64.08M 65.69M
Diluted Shares Outstanding 64.12M 65.72M

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $80.00M $83.20M
YoY Change -3.85% 41.02%
Cash & Equivalents $80.05M $83.21M
Short-Term Investments
Other Short-Term Assets $26.80M $31.10M
YoY Change -13.83% -9.06%
Inventory $177.7M $173.6M
Prepaid Expenses
Receivables $116.7M $118.7M
Other Receivables $0.00 $0.00
Total Short-Term Assets $401.2M $406.6M
YoY Change -1.32% 8.89%
LONG-TERM ASSETS
Property, Plant & Equipment $204.4M $212.9M
YoY Change -3.97% -1.39%
Goodwill $63.03M $65.97M
YoY Change -4.45%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $66.91M $64.10M
YoY Change 4.38% -27.97%
Total Long-Term Assets $372.5M $359.9M
YoY Change 3.51% -2.21%
TOTAL ASSETS
Total Short-Term Assets $401.2M $406.6M
Total Long-Term Assets $372.5M $359.9M
Total Assets $773.7M $766.5M
YoY Change 0.95% 3.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $48.32M $45.84M
YoY Change 5.4% -14.0%
Accrued Expenses $92.31M $70.84M
YoY Change 30.31% -6.3%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $15.00M $12.50M
YoY Change 20.0% 150.0%
Total Short-Term Liabilities $155.6M $129.2M
YoY Change 20.47% -3.53%
LONG-TERM LIABILITIES
Long-Term Debt $208.0M $220.1M
YoY Change -5.49% -13.34%
Other Long-Term Liabilities $74.02M $47.78M
YoY Change 54.93% 0.16%
Total Long-Term Liabilities $282.1M $267.9M
YoY Change 5.29% -11.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $155.6M $129.2M
Total Long-Term Liabilities $282.1M $267.9M
Total Liabilities $442.7M $407.1M
YoY Change 8.74% -8.8%
SHAREHOLDERS EQUITY
Retained Earnings $150.8M $109.9M
YoY Change 37.24%
Common Stock $335.5M $374.3M
YoY Change -10.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $331.0M $359.3M
YoY Change
Total Liabilities & Shareholders Equity $773.7M $766.5M
YoY Change 0.95% 3.38%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $8.547M $12.89M
YoY Change -33.71% 4.83%
Depreciation, Depletion And Amortization $6.969M $7.517M
YoY Change -7.29% -3.63%
Cash From Operating Activities $6.120M -$4.296M
YoY Change -242.46% -119.44%
INVESTING ACTIVITIES
Capital Expenditures $7.218M $4.461M
YoY Change 61.8% -196.98%
Acquisitions
YoY Change
Other Investing Activities $390.0K $270.0K
YoY Change 44.44%
Cash From Investing Activities -$7.608M -$4.731M
YoY Change 60.81% 5.13%
FINANCING ACTIVITIES
Cash Dividend Paid $3.806M $3.273M
YoY Change 16.28%
Common Stock Issuance & Retirement, Net $31.06M $75.00K
YoY Change 41314.67%
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities -86.83M 9.700M
YoY Change -995.1% -193.27%
NET CHANGE
Cash From Operating Activities 6.120M -4.296M
Cash From Investing Activities -7.608M -4.731M
Cash From Financing Activities -86.83M 9.700M
Net Change In Cash -88.31M -9.027M
YoY Change 878.32% -225.38%
FREE CASH FLOW
Cash From Operating Activities $6.120M -$4.296M
Capital Expenditures $7.218M $4.461M
Free Cash Flow -$1.098M -$8.757M
YoY Change -87.46% -132.8%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2017Q2 tile Increase Decrease In Deferred Tax Assets
IncreaseDecreaseInDeferredTaxAssets
-5000000
CY2017Q2 tile Participating Securities
ParticipatingSecurities
446000
CY2016Q2 tile Participating Securities
ParticipatingSecurities
578000
CY2017Q2 tile Condensed Footnotes Textblock
CondensedFootnotesTextblock
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">NOTE <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1</div> &#x2013; CONDENSED FOOTNOTES </div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 14.4pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">As contemplated by the Securities and Exchange Commission (the &#x201c;Commission&#x201d;) instructions to Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-Q, the following footnotes have been condensed and, therefore, do not contain all disclosures required in connection with annual financial statements. Reference should be made to the Company&#x2019;s year-end financial statements and notes thereto contained in its Annual Report on Form <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">10</div>-K for the fiscal year ended <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> as filed with the Commission.</div></div> <div style=" TEXT-ALIGN: left; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 14.4pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">The financial information included in this report has been prepared by the Company, without audit. In the opinion of management, the financial information included in this report contains all adjustments (all of which are normal and recurring) necessary for a fair presentation of the results for the interim periods. Nevertheless, the results shown for interim periods are not necessarily indicative of results to be expected for the full year. The <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> January</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">1,</div> <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> consolidated condensed balance sheet data was derived from audited financial statements, but does not include all disclosures required by accounting principles generally accepted in the United States. Each of the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> quarters of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> and <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2016</div> were comprised of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">13</div> weeks. </div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 14.4pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 14.4pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">Certain prior period amounts have been reclassified to conform to the current period presentation.</div></div></div>
CY2017Q2 tile Increase Decrease In Deferred Income Taxes And Other
IncreaseDecreaseInDeferredIncomeTaxesAndOther
-920000
CY2016Q2 tile Increase Decrease In Deferred Income Taxes And Other
IncreaseDecreaseInDeferredIncomeTaxesAndOther
-1946000
CY2017Q2 tile Weighted Average Shares Outstanding Basic Excluding Participating Securities
WeightedAverageSharesOutstandingBasicExcludingParticipatingSecurities
63635000
CY2016Q2 tile Weighted Average Shares Outstanding Basic Excluding Participating Securities
WeightedAverageSharesOutstandingBasicExcludingParticipatingSecurities
65107000
CY2017Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
48316000
CY2017Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
45380000
CY2017Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
116674000
CY2017Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
126004000
CY2017Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
92307000
CY2017Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
98703000
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
55794000
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
54862000
CY2017Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-99492000
CY2017Q1 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-110522000
CY2017Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
329228000
CY2017Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
359451000
CY2017Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2016Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2017Q2 us-gaap Assets
Assets
773730000
CY2017Q1 us-gaap Assets
Assets
835439000
CY2017Q2 us-gaap Assets Current
AssetsCurrent
401235000
CY2017Q1 us-gaap Assets Current
AssetsCurrent
470882000
CY2017Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
165672000
CY2016Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
75696000
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
80046000
CY2016Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
83212000
CY2017Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-85626000
CY2016Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7516000
CY2017Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-88313000
CY2016Q2 us-gaap Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
5292000
CY2017Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q2 us-gaap Common Stock Value
CommonStockValue
6276000
CY2017Q1 us-gaap Common Stock Value
CommonStockValue
6424000
CY2017Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18645000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
22881000
CY2017Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
133300000
CY2016Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
135922000
CY2017Q2 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
38108000
CY2017Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
33117000
CY2017Q2 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
5024000
CY2017Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4728000
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8244000
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7517000
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2017Q2 us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
0.06
CY2016Q2 us-gaap Earnings Per Share Basic Distributed
EarningsPerShareBasicDistributed
0.05
CY2017Q2 us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
0.07
CY2016Q2 us-gaap Earnings Per Share Basic Undistributed
EarningsPerShareBasicUndistributed
0.15
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2017Q2 us-gaap Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
0.06
CY2016Q2 us-gaap Earnings Per Share Diluted Distributed
EarningsPerShareDilutedDistributed
0.05
CY2017Q2 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
0.07
CY2016Q2 us-gaap Earnings Per Share Diluted Undistributed
EarningsPerShareDilutedUndistributed
0.15
CY2017Q2 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2687000
CY2016Q2 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
2224000
CY2017Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1115000
CY2016Q2 us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
1258000
CY2017Q2 us-gaap Goodwill
Goodwill
63033000
CY2017Q1 us-gaap Goodwill
Goodwill
61218000
CY2017Q2 us-gaap Gross Profit
GrossProfit
87802000
CY2016Q2 us-gaap Gross Profit
GrossProfit
86632000
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
12778000
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
19059000
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.13
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.20
CY2017Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.13
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.20
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4231000
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6165000
CY2017Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
4700000
CY2016Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
4800000
CY2017Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1169000
CY2016Q2 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-27079000
CY2017Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-11661000
CY2016Q2 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-13242000
CY2017Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
18610000
CY2016Q2 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
9387000
CY2017Q2 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
3313000
CY2016Q2 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
63000
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
42000
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
38000
CY2017Q2 us-gaap Interest Expense
InterestExpense
1617000
CY2016Q2 us-gaap Interest Expense
InterestExpense
1519000
CY2017Q2 us-gaap Interest Paid
InterestPaid
1600000
CY2016Q2 us-gaap Interest Paid
InterestPaid
1100000
CY2017Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
121212000
CY2017Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
104742000
CY2017Q2 us-gaap Inventory Net
InventoryNet
177725000
CY2017Q1 us-gaap Inventory Net
InventoryNet
156083000
CY2017Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
48029000
CY2017Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
42630000
CY2017Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
8484000
CY2017Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
8711000
CY2017Q2 us-gaap Liabilities
Liabilities
442701000
CY2017Q1 us-gaap Liabilities
Liabilities
494710000
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
773730000
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
835439000
CY2017Q2 us-gaap Liabilities Current
LiabilitiesCurrent
155623000
CY2017Q1 us-gaap Liabilities Current
LiabilitiesCurrent
159083000
CY2017Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
15000000
CY2017Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
15000000
CY2017Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
208035000
CY2017Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
255347000
CY2017Q2 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-86825000
CY2016Q2 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
9695000
CY2017Q2 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-8883000
CY2016Q2 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4731000
CY2017Q2 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
7395000
CY2016Q2 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
328000
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
8547000
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
12894000
CY2017Q2 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2017Q2 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
15328000
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
21027000
CY2017Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
66912000
CY2017Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
65714000
CY2017Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
932000
CY2016Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
-608000
CY2017Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
11030000
CY2016Q2 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
9379000
CY2017Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
74019000
CY2017Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
75552000
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-933000
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-449000
CY2017Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
389000
CY2016Q2 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
270000
CY2017Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
31061000
CY2016Q2 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
75000
CY2017Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
3806000
CY2016Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
3273000
CY2017Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1447000
CY2016Q2 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4624000
CY2017Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8494000
CY2016Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4461000
CY2017Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2017Q1 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2017Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
26790000
CY2017Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
23123000
CY2017Q2 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0
CY2016Q2 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
20167000
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
204442000
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
204508000
CY2017Q2 us-gaap Reclassifications
Reclassifications
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">NOTE <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">11</div> &#x2013; ITEMS RECLASSIFIED FROM OTHER COMPREHENSIVE INCOME</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">&nbsp;</div></div> <div style=" TEXT-ALIGN: justify; MARGIN: 0pt; LINE-HEIGHT: 1.25; TEXT-INDENT: 14.4pt"><div style="display: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman, Times, serif">During the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">first</div> quarter of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017,</div> the Company did not reclassify any significant amounts out of accumulated other comprehensive income. The reclassifications that occurred in that period were primarily comprised of <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">$0.4</div> million related to the Company&#x2019;s defined benefit retirement plan and salary continuation plan. These reclassifications were included in the selling, general and administrative expenses line item of the Company&#x2019;s consolidated condensed statement of operations.</div></div></div>
CY2017Q2 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
50511000
CY2016Q2 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2500000
CY2017Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
7299000
CY2016Q2 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
0
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
150811000
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
140238000
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
221102000
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
222554000
CY2017Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
65175000
CY2016Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
65605000
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
900000
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
87500
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
8.75
CY2017Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2016Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000
CY2014Q4 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
500000
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
331029000
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
340729000
CY2017Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
19.36
CY2017Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1601896
CY2017Q2 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
1601896
CY2017Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
28200000
CY2017Q2 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
300000
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64123000
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65723000
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64081000
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65685000

Files In Submission

Name View Source Status
0001437749-17-008711-index-headers.html Edgar Link pending
0001437749-17-008711-index.html Edgar Link pending
0001437749-17-008711.txt Edgar Link pending
0001437749-17-008711-xbrl.zip Edgar Link pending
ex10-1.htm Edgar Link pending
ex10-2.htm Edgar Link pending
ex10-3.htm Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tile-20170402.xml Edgar Link completed
tile-20170402.xsd Edgar Link pending
tile-20170402_cal.xml Edgar Link unprocessable
tile-20170402_def.xml Edgar Link unprocessable
tile-20170402_lab.xml Edgar Link unprocessable
tile-20170402_pre.xml Edgar Link unprocessable
tile20170401_10q.htm Edgar Link pending