Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.7.0.1
Segment Information
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
Resilient Flooring — Our Resilient Flooring segment designs, manufactures, sources and sells a broad range of floor coverings primarily for homes and commercial buildings under various brands, including the Armstrong brand. Manufactured products in this segment include vinyl sheet, vinyl tile, and luxury vinyl tile (“LVT”) flooring. In addition, our Resilient Flooring segment sources and sells laminate flooring products, vinyl tile products, vinyl sheet products, LVT products, linoleum products, as well as installation and maintenance materials and accessories. Resilient Flooring products are offered in a wide variety of designs, colors and installation options. We sell these products to independent wholesale flooring distributors, large home centers, retailers, flooring contractors and to the manufactured homes industry, and through secured specifications for these products through architects, designers and end users. When market conditions and available capacity warrant, we also provide products on an original equipment manufacturer (“OEM”) basis to other flooring companies.
Wood Flooring — Our Wood Flooring segment designs, manufactures, sources and sells branded hardwood flooring products, including the Armstrong and Bruce brands, for use in residential construction and renovation, with some commercial applications in stores, restaurants and high-end offices. The product offering includes pre-finished solid and engineered wood floors in various wood species, and dimensions, as well as related accessories. Our Wood Flooring products are generally sold to independent wholesale flooring distributors, large home centers, retailers and flooring contractors, and through secured specifications with regional and national builders. When market conditions and available capacity warrant, we also provide products on an original equipment manufacturer OEM basis to other flooring companies.
Segment operating income is the measure of segment profit reviewed by our Chief Operating Decision Maker. The sum of the segments’ operating income equals the total combined operating income as reported on our Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).
The following tables summarize segment performance:
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
Net sales to external customers
 
 
 
 
 
 
 
Resilient Flooring
$
187.8

 
$
194.7

 
$
348.3

 
$
358.6

Wood Flooring
109.5

 
129.0

 
214.2

 
249.5

Total net sales to external customers
$
297.3

 
$
323.7

 
$
562.5

 
$
608.1

 
 
 
 
 
 
 
 
Operating income (loss)
 
 
 
 
 
 
 
Resilient Flooring
$
12.5

 
$
13.4

 
$
7.5

 
$
8.0

Wood Flooring
(2.6
)
 
0.4

 
(7.2
)
 
3.9

Total operating income
$
9.9

 
$
13.8

 
$
0.3

 
$
11.9

The following table summarizes segment assets:
 
June 30, 2017
 
December 31, 2016
Assets
 
 
 
Resilient Flooring
$
571.6

 
$
514.3

Wood Flooring
355.6

 
354.7

Unallocated
46.6

 
35.4

Total assets
$
973.8

 
$
904.4


Unallocated assets primarily consist of cash and deferred income taxes.