Quarterly report pursuant to Section 13 or 15(d)

Subsequent Event

v3.7.0.1
Subsequent Event
6 Months Ended
Jun. 30, 2017
Subsequent Events [Abstract]  
Subsequent Event
SUBSEQUENT EVENT

In August 2017, our board of directors approved the closure of two Wood Flooring segment manufacturing facilities, including a solid wood plant in Jackson, Tennessee and an engineered wood plant in Vicksburg, Mississippi (the "Closures"). We expect the Closures to be completed in the fourth quarter of 2017 and will result in the separation of approximately 300 employees.

We estimate we will incur pre-tax cash charges of $3 million to $5 million for employee separation and other closure-related expenses. In addition, we estimate that we may incur pre-tax non-cash asset write-downs of up to $26 million if we ultimately commit to a plan to sell or otherwise dispose of these facilities.