Interface, Inc. (TILE) financial statements (2021 and earlier)

Company profile

Business Address 1280 WEST PEACHTREE ST. NW
ATLANTA, GA 30309
State of Incorp. GA
Fiscal Year End December 31
SIC 2273 - Carpets and Rugs (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1038181871667655
Cash and cash equivalents1038181871667655
Receivables140177179143126130157
Inventory, net of allowances, customer advances and progress billings229254259178156161142
Inventory229254259178156161142
Deferred tax assets  10910
Other undisclosed current assets24364023232221
Total current assets:495548559431481398385
Noncurrent Assets
Finance lease, right-of-use asset65
Operating lease, right-of-use asset98107
Property, plant and equipment43 293213205211227
Intangible assets, net (including goodwill), including:254346344(8)(15)(9)(2)
Goodwill16625724669616471
Intangible assets, net (excluding goodwill)888920(77)(76)(73)(73)
Other undisclosed intangible assets, net (including goodwill)0(0)77    
Deferred income tax assets1820
Other noncurrent assets82777470666359
Deferred tax assets, net  272033
Other undisclosed noncurrent assets3103201695767373
Total noncurrent assets:811875726370359358390
TOTAL ASSETS:1,3061,4231,285801840757775
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities157216192162144142219
Accounts payable59766651455349
Accrued liabilities15141126111998994
Employee-related liabilities79     56
Taxes payable2     18
Interest and dividends payable3     1
Debt304731151511 
Restructuring reserve1     7
Other undisclosed current liabilities4     (82)
Total current liabilities:193263224177159153144
Noncurrent Liabilities
Long-term debt and lease obligation648657587215255202263
Long-term debt, excluding current maturities561565587215255202263
Operating lease, liability8692
Liabilities, other than long-term debt13813511979845999
Deferred tax liabilities, net26791111
Deferred income tax liabilities3436
Liability, pension and other postretirement and postemployment benefits      38
Other liabilities104999372764850
Other undisclosed noncurrent liabilities      (38)
Total noncurrent liabilities:786792706294340261324
Total liabilities:9791,055930471499414468
Stockholders' equity
Stockholders' equity attributable to parent, including:327368355330341342307
Common stock6666677
Additional paid in capital248250270271359370369
Accumulated other comprehensive loss(136)(174)(145)(135)(165)(135)(108)
Retained earnings20928622218714010040
Other undisclosed stockholders' equity attributable to parent  1    
Total stockholders' equity:327368355330341342307
TOTAL LIABILITIES AND EQUITY:1,3061,4231,285801840757775

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,1031,3431,1809969591,0021,004
Revenue, net9969591,0021,004
Cost of revenue
(Cost of Goods and Services Sold)
(693)(818)(755)(610)(590)(619)(664)
Gross profit:411525424386369383340
Operating expenses(333)(395)(348)(276)(284)(269)(284)
Other undisclosed operating income (loss)(117)     14
Operating income (loss):(39)131761108511470
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(11)(3)(6)(2)0(1)(2)
Interest and debt expense(29)(26)(15)(7)(6)(6)(24)
Other undisclosed loss from continuing operations before equity method investments, income taxes      (9)
Income (loss) from continuing operations before income taxes:(79)102551017910636
Income tax expense (benefit)7(23)(5)(47)(25)(33)(11)
Net income (loss) available to common stockholders, diluted:(72)795053547225

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(72)795053547225
Other undisclosed comprehensive loss      (44)
Comprehensive income (loss):(72)7950535472(19)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent38(30)(9)31(31)(27) 
Comprehensive income (loss), net of tax, attributable to parent:(34)4941842446(19)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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