Interface, Inc. (TILE) financial statements (2020 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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments818187166765573
Cash and cash equivalents818187166765573
Receivables177179143126130157132
Inventory, net of allowances, customer advances and progress billings254259178156161142150
Inventory254259178156161142150
Deferred tax assets  1091010
Other undisclosed current assets36402323222123
Total current assets:548559431481398385388
Noncurrent Assets
Finance lease, right-of-use asset5
Operating lease, right-of-use asset107
Property, plant and equipment 293213205211227231
Intangible assets, net (including goodwill), including:346344(8)(15)(9)(2)1
Goodwill2572466961647178
Intangible assets, net (excluding goodwill)8920(77)(76)(73)(73)(77)
Other undisclosed intangible assets, net (including goodwill)(0)77    
Deferred income tax assets20
Other noncurrent assets77747066635965
Deferred tax assets, net  27203356
Other undisclosed noncurrent assets320169576737377
Total noncurrent assets:875726370359358390430
TOTAL ASSETS:1,4231,285801840757775818
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities216192162144142219197
Accounts payable76665145534953
Accrued liabilities14112611199899478
Employee-related liabilities     5654
Taxes payable     1813
Interest and dividends payable     1 
Debt4731151511  
Restructuring reserve     7
Other undisclosed current liabilities     (82)(67)
Total current liabilities:263224177159153144130
Noncurrent Liabilities
Long-term debt and lease obligation65758721525520226326
Long-term debt, excluding current maturities56558721525520226326
Operating lease, liability92
Liabilities, other than long-term debt1351197984599993
Pension and other postretirement defined benefit plans, liabilities20
Deferred tax liabilities, net2679111115
Deferred income tax liabilities36
Liability, pension and other postretirement and postemployment benefits     38
Other liabilities99937276485058
Other undisclosed noncurrent liabilities     (38)227
Total noncurrent liabilities:792706294340261324347
Total liabilities:1,055930471499414468477
Stockholders' equity
Stockholders' equity attributable to parent, including:368355330341342307341
Common stock6666777
Additional paid in capital250270271359370369375
Accumulated other comprehensive loss(174)(145)(135)(165)(135)(108)(65)
Retained earnings2862221871401004024
Other undisclosed stockholders' equity attributable to parent 1     
Total stockholders' equity:368355330341342307341
TOTAL LIABILITIES AND EQUITY:1,4231,285801840757775818

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,3431,1809969591,0021,004960
Revenue, net9969591,0021,004960
Cost of revenue
(Cost of Goods and Services Sold)
(818)(755)(610)(590)(619)(664)(619)
Gross profit:525424386369383340341
Operating expenses(395)(348)(276)(284)(269)(284)(263)
Other undisclosed operating income     1418
Operating income:13176110851147096
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(3)(6)(2)0(1)(2)(1)
Interest and debt expense(26)(15)(7)(6)(6)(24)(25)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (9)(1)
Income from continuing operations before income taxes:10255101791063669
Income tax expense(23)(5)(47)(25)(33)(11) 
Income before gain (loss) on sale of properties:79505354722569
Other undisclosed net loss      (21)
Net income available to common stockholders, diluted:79505354722548

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:79505354722548
Other undisclosed comprehensive loss     (44)(4)
Comprehensive income (loss):7950535472(19)44
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(30)(9)31(31)(27)  
Comprehensive income (loss), net of tax, attributable to parent:4941842446(19)44

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: