Interface, Inc. is a global flooring company specializing in carbon neutral carpet tile and resilient flooring, including luxury vinyl tile (LVT) and nora® rubber flooring. Interface helps its customers create high-performance interior spaces that support well-being, productivity, and creativity, as well as the sustainability of the planet. With its mission, Climate Take Back™, Interface commits to operating in a way that is restorative to the planet and creates a climate fit for life.

Company profile
Ticker
TILE
Exchange
Website
CEO
Daniel Hendrix
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Mohawk Industries • Dixie ...
SEC CIK
Corporate docs
Subsidiaries
FLOR, Inc. • Interface Americas Holdings • Interface Americas, Inc. • Interface Asia-Pacific (HK) Ltd. • Interface Aust. Holdings Pty Limited • Interface Aust. Pty Limited • Interface Eurasia Holdings • Interface Europe • Interface Europe Investment B.V. • Interface Europe ...
IRS number
581451243
TILE stock data
Press releases
SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Interface, Inc. (TILE) and Encourages Long-Term TILE Investors to Contact the Firm
6 Aug 22
Interface Reports Second Quarter 2022 Results
5 Aug 22
Two Executives from BlueLinx Holdings Inc. (NYSE: BXC) Featured as the Most Influential Black Executives in Corporate America
19 Jul 22
INTERFACE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Interface, Inc. - TILE
15 Jul 22
Interface, Inc. To Broadcast Second Quarter 2022 Results Conference Call Over the Internet
7 Jul 22
Calendar
10 May 22
12 Aug 22
2 Jan 23
Financial summary
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Annual (USD) | Jan 22 | Jan 21 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 76.09M | 76.09M | 76.09M | 76.09M | 76.09M | 76.09M |
Cash burn (monthly) | 7.05M | 2.57M | (no burn) | (no burn) | 5.9M | (no burn) |
Cash used (since last report) | 30.36M | 11.06M | n/a | n/a | 25.39M | n/a |
Cash remaining | 45.72M | 65.03M | n/a | n/a | 50.7M | n/a |
Runway (months of cash) | 6.5 | 25.3 | n/a | n/a | 8.6 | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 May 22 | Burke John Patrick | Common Stock | Grant | Acquire A | No | No | 0 | 8,442 | 0 | 58,495 |
17 May 22 | Kohler K David | Common Stock | Grant | Acquire A | No | No | 0 | 8,442 | 0 | 84,495 |
17 May 22 | Kilbane Catherine M | Common Stock | Grant | Acquire A | No | No | 0 | 8,442 | 0 | 39,012 |
17 May 22 | Keough Joseph | Common Stock | Grant | Acquire A | No | No | 0 | 8,442 | 0 | 35,462 |
17 May 22 | Dwight Audley Konrad Gibson | Common Stock | Grant | Acquire A | No | No | 0 | 8,442 | 0 | 35,462 |
Institutional ownership, Q1 2022
13F holders | Current |
---|---|
Total holders | 161 |
Opened positions | 9 |
Closed positions | 20 |
Increased positions | 67 |
Reduced positions | 52 |
13F shares | Current |
---|---|
Total value | 1.87B |
Total shares | 56.91M |
Total puts | 61.2K |
Total calls | 55.8K |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 9.5M | $128.89M |
Vanguard | 6.38M | $86.58M |
Capital World Investors | 4.72M | $64.07M |
Barrow Hanley Mewhinney & Strauss | 3.82M | $51.87M |
Frontier Capital Management | 3.72M | $59.36M |
Frontier Capital Management | 3.63M | $49.29M |
Dimensional Fund Advisors | 2.47M | $33.51M |
STT State Street | 2.03M | $27.55M |
Wellington Management | 1.48M | $20.04M |
IVZ Invesco | 1.38M | $18.71M |
Financial report summary
?Competition
Armstrong FlooringRisks
- The conflict between Russia and Ukraine could adversely affect our business, results of operations and financial position.
Management Discussion
- For 2021, our consolidated net sales increased $97.1 million (8.8%) compared to 2020, comprised of higher sales volumes (approximately 5.1%) and higher prices (approximately 3.7%). Fluctuations in currency exchange rates had a positive impact on our year-over-year consolidated sales comparison of approximately $23.9 million, meaning that if currency levels had remained constant year over year our 2021 sales would have been lower by this amount. On a market segment basis, the sales increase was most significant in non-corporate office market segments including retail, education and healthcare. See the segment results discussion below for additional information on market segments.
Content analysis
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H.S. sophomore Avg
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New words:
alternative, appeal, attack, benchmark, broader, China, Circuit, conflict, context, cumulative, cyberattack, entered, evolving, factor, fuel, fund, gas, geopolitical, Germany, half, heightening, imposed, inflation, inflationary, infrastructure, input, instability, key, Kingdom, maintain, minimum, oil, outcome, political, procure, ransom, rely, retaliatory, Russia, Russian, subsequent, substantial, successor, supplier, targeting, technology, terrorist, therefrom, tile, Ukraine, unfavorable, volatility, war, weakening
Removed:
acquisition, allocated, amending, annually, application, applied, ASC, ASU, beginning, Board, broad, charge, clarifying, closely, collaborate, collect, comparison, conform, consist, consistent, criteria, decline, discontinuation, enacted, exit, experienced, Facilitation, FASB, flow, forfeiture, franchise, home, hospitality, impaired, integration, Interbank, intraperiod, involved, largely, London, mental, method, Offered, optional, payable, physical, positively, prepaid, produce, productivity, prolonged, reach, realignment, recognition, removing, residential, restated, retail, shelter, simplify, Simplifying, size, standard, taxing, timing, Topic, transportation, unchanged, unit, work, workforce
Financial reports
Current reports
8-K
1 Investor Presentation August 2022
5 Aug 22
8-K
Interface Reports Second Quarter 2022 Results
5 Aug 22
8-K
Submission of Matters to a Vote of Security Holders
19 May 22
8-K
1 Investor Presentation May 2022
6 May 22
8-K
Interface Reports First Quarter 2022 Results, Increases Full Year Revenue Outlook
6 May 22
8-K/A
Severance Protection and Change In Control Agreement
21 Apr 22
8-K
Departure of Directors or Certain Officers
24 Mar 22
8-K
Departure of Directors or Certain Officers
7 Mar 22
8-K
Investor Presentation MARCH 2022 1
2 Mar 22
8-K
Interface Reports Fourth Quarter and Full Year 2021 Results
1 Mar 22
Registration and prospectus
S-8
Registration of securities for employees
28 Aug 20
S-8
Registration of securities for employees
29 Jul 15
S-8
Registration of securities for employees
28 Jul 10
424B3
Prospectus supplement
15 Oct 09
S-4/A
Registration of securities issued in business combination transactions (amended)
8 Sep 09
S-4
Registration of securities issued in business combination transactions
28 Jul 09
Proxies
DEFA14A
Additional proxy soliciting materials
5 Apr 22
DEFA14A
Additional proxy soliciting materials
7 Apr 21
DEFA14A
Additional proxy soliciting materials
10 Apr 20
DEFA14A
Additional proxy soliciting materials
2 Apr 19
DEF 14A
Definitive proxy
2 Apr 19
DEFA14A
Additional proxy soliciting materials
2 May 18
DEFA14A
Additional proxy soliciting materials
2 Apr 18
Other
CORRESP
Correspondence with SEC
9 Jun 22
UPLOAD
Letter from SEC
26 May 22
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
10 Aug 21
IRAN
Disclosure regarding Iran Threat Reduction and Syria Human Rights Act
12 May 20
UPLOAD
Letter from SEC
14 Oct 18
CORRESP
Correspondence with SEC
26 Sep 18
UPLOAD
Letter from SEC
13 Sep 18
UPLOAD
Letter from SEC
21 Nov 17
CORRESP
Correspondence with SEC
26 Oct 17
CORRESP
Correspondence with SEC
18 Oct 17
Ownership
11-K
Annual report of employee stock purchases
24 Jun 22
4
INTERFACE / Robert T O'Brien ownership change
18 May 22
3
INTERFACE / Robert T O'Brien ownership change
18 May 22
4
INTERFACE / CHRISTOPHER G KENNEDY ownership change
18 May 22
4
INTERFACE / Dwight Audley Konrad Gibson ownership change
18 May 22
4
INTERFACE / Joseph Keough ownership change
18 May 22
4
INTERFACE / CATHERINE M KILBANE ownership change
18 May 22
4
INTERFACE / K David Kohler ownership change
18 May 22
4
INTERFACE / John Patrick Burke ownership change
18 May 22
4
INTERFACE / Robert Pridgen ownership change
20 Apr 22
Patents
Utility
Digital Printing For Flooring And Decorative Structures
6 Jan 22
Certain aspects and features relate to using an image modifier to generate digital designs and to printing the digital designs on a structure for flooring or other decoration that can more realistically mimic designs found in nature or otherwise provide designers with the freedom to create aesthetic designs more easily.
Utility
Digital printing for flooring and decorative structures
21 Dec 21
Certain aspects and features relate to using an image modifier to generate digital designs and to printing the digital designs on a structure for flooring or other decoration that can more realistically mimic designs found in nature or otherwise provide designers with the freedom to create aesthetic designs more easily.
Utility
Wireless Load Cell Monitoring System and Method
18 Nov 21
A wireless load cell monitoring system and method may comprise a remote load cell assembly and a base station.
Utility
Digital printing for flooring and decorative structures
19 Oct 21
Certain aspects and features relate to using an image modifier to generate digital designs and to printing the digital designs on a structure for flooring or other decoration that can more realistically mimic designs found in nature or otherwise provide designers with the freedom to create aesthetic designs more easily.
Reissue
Border, edge or pattern carpet tile design, manufacture and installation
4 May 21
Design and manufacture of tufted articles, carpet tile webs and carpet tiles, and installation of carpet tiles, having different color, pile height, pile texture or other characteristics that, together with similar other such tiles, may be installed to create borders, edges or other multiple-tile designs, usually without any of the tiles looking out of place or improperly oriented relative to nap or the direction the tile is “facing.”
Transcripts
2022 Q2
Earnings call transcript
5 Aug 22
2022 Q1
Earnings call transcript
6 May 22
2021 Q4
Earnings call transcript
1 Mar 22
2021 Q3
Earnings call transcript
5 Nov 21
2021 Q2
Earnings call transcript
8 Aug 21
2021 Q1
Earnings call transcript
9 May 21
2020 Q4
Earnings call transcript
2 Mar 21
2020 Q3
Earnings call transcript
8 Nov 20
2020 Q3
Earnings call transcript
6 Nov 20
2020 Q2
Earnings call transcript
7 Aug 20
Reddit threads
Daily Discussion Thread - August 5th, 2022
5 Aug 22
Daily Discussion Thread - June 2nd, 2022
2 Jun 22
Daily Discussion Thread - June 1st, 2022
1 Jun 22
Daily Discussion Thread - May 31st, 2022
31 May 22
Daily Discussion Thread - May 30th, 2022
30 May 22
Daily Discussion Thread - May 6th, 2022
6 May 22
Daily Discussion Thread - May 5th, 2022
5 May 22
Weekend Discussion Thread
1 Apr 22
Daily Discussion Thread - March 31st, 2022
31 Mar 22
Daily Discussion Thread - March 30th, 2022
30 Mar 22