LL Flooring (LLFLQ) 10-Q 6 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2019	Nov. 01, 2019
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2019
Entity Registrant Name	Lumber Liquidators Holdings, Inc.
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001396033
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		28,709,830
Entity Current Reporting Status	Yes

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Current Assets:
Cash and Cash Equivalents	$ 5,605	$ 11,565
Merchandise Inventories	306,881	318,272
Prepaid Expenses	9,170	6,299
Deposit for Legal Settlement	21,500	21,500
Other Current Assets	9,360	8,667
Total Current Assets	352,516	366,303
Property and Equipment, net	94,052	93,689
Operating Lease Right-of-Use	111,364
Goodwill	9,693	9,693
Other Assets	5,724	5,832
Total Assets	573,349	475,517
Current Liabilities:
Accounts Payable	59,200	73,412
Customer Deposits and Store Credits	45,036	40,332
Accrued Compensation	10,870	9,265
Sales and Income Tax Liabilities	4,906	4,200
Accrual for Legal Matters and Settlements Current	68,475	97,625
Operating Lease Liabilities - Current	30,708
Other Current Liabilities	18,476	17,290
Total Current Liabilities	237,671	242,124
Other Long-Term Liabilities	13,645	20,203
Operating Lease Liabilities - Long-Term	88,103
Deferred Tax Liability	898	792
Credit Agreement	89,500	65,000
Total Liabilities	429,817	328,119
Stockholders' Equity:
Common Stock ($0.001 par value; 35,000 shares authorized; 29,953 and 31,578 shares issued and 28,710 and 28,627 shares outstanding, respectively)	30	32
Treasury Stock, at cost (1,243 and 2,951 shares, respectively)	(142,299)	(141,828)
Additional Capital	217,365	213,744
Retained Earnings	70,100	76,835
Accumulated Other Comprehensive Loss	(1,664)	(1,385)
Total Stockholders' Equity	143,532	147,398
Total Liabilities and Stockholders' Equity	$ 573,349	$ 475,517

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands	Sep. 30, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	35,000	35,000
Common Stock, shares, issued	29,953	31,578
Common Stock, shares outstanding	28,710	28,627
Treasury Stock, shares	1,243	2,951

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Net Sales	$ 263,960	$ 270,469	$ 818,748	$ 815,715
Cost of Sales	168,286	169,787	526,976	518,751
Gross Profit	95,674	100,682	291,772	296,964
Selling, General and Administrative Expenses	93,495	93,987	294,392	292,628
Operating Income	2,179	6,695	(2,620)	4,336
Other Expense	909	547	3,265	1,214
Income (Loss) Before Income Taxes	1,270	6,148	(5,885)	3,122
Income Tax Expense	225	225	850	625
Net Income (Loss)	$ 1,045	$ 5,923	$ (6,735)	$ 2,497
Net Income (Loss) per Common Share—Basic	$ 0.04	$ 0.21	$ (0.23)	$ 0.09
Net Income (Loss) per Common Share—Diluted	$ 0.04	$ 0.21	$ (0.23)	$ 0.09
Weighted Average Common Shares Outstanding:
Basic	28,706	28,602	28,681	28,552
Diluted	28,786	28,757	28,681	28,769
Net Merchandise Sales
Net Sales	$ 229,241	$ 236,380	$ 717,799	$ 721,822
Cost of Sales	142,404	144,490	451,631	449,508
Net Services Sales
Net Sales	34,719	34,089	100,949	93,893
Cost of Sales	$ 25,882	$ 25,297	$ 75,345	$ 69,243

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ 1,045	$ 5,923	$ (6,735)	$ 2,497
Other Comprehensive Income (Loss):
Foreign Currency Translation Adjustments	(87)	69	(279)	(36)
Total Other Comprehensive Income (Loss)	(87)	69	(279)	(36)
Comprehensive Income (Loss)	$ 958	$ 5,992	$ (7,014)	$ 2,461

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Treasury Stock [Member]	Additional Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Total
Beginning Balance at Dec. 31, 2017	$ 31	$ (140,875)	$ 208,629	$ 131,214	$ (1,152)	$ 197,847
Beginning Balance (in shares) at Dec. 31, 2017	28,490,000	2,907,000
Stock-Based Compensation Expense			3,361			3,361
Exercise of Stock Options (in shares)	43,000
Exercise of Stock Options			770			770
Release of Restricted Shares	$ 1					1
Release of Restricted Shares (in shares)	87,000
Common Stock Repurchased and Transferred		$ (933)				(933)
Common Stock Repurchased and Transferred, (in treasury shares)		42,000
Translation Adjustment					(36)	(36)
Net Income (Loss)				2,497		2,497
Ending Balance at Sep. 30, 2018	$ 32	$ (141,808)	212,760	133,711	(1,188)	203,507
Ending Balance (in shares) at Sep. 30, 2018	28,620,000	2,949,000
Beginning Balance at Dec. 31, 2017	$ 31	$ (140,875)	208,629	131,214	(1,152)	$ 197,847
Beginning Balance (in shares) at Dec. 31, 2017	28,490,000	2,907,000
Common Stock Repurchased and Transferred (in shares)						0
Ending Balance at Dec. 31, 2018	$ 32	$ (141,828)	213,744	76,835	(1,385)	$ 147,398
Ending Balance (in shares) at Dec. 31, 2018	28,627,000	2,951,000
Beginning Balance at Jun. 30, 2018	$ 31	$ (141,542)	210,953	127,788	(1,257)	195,973
Beginning Balance (in shares) at Jun. 30, 2018	28,551,000	2,935,000
Stock-Based Compensation Expense			1,117			1,117
Exercise of Stock Options (in shares)	38,000
Exercise of Stock Options			690			690
Release of Restricted Shares	$ 1					1
Release of Restricted Shares (in shares)	31,000
Common Stock Repurchased and Transferred		$ (266)				(266)
Common Stock Repurchased and Transferred, (in treasury shares)		14,000
Translation Adjustment					69	69
Net Income (Loss)				5,923		5,923
Ending Balance at Sep. 30, 2018	$ 32	$ (141,808)	212,760	133,711	(1,188)	203,507
Ending Balance (in shares) at Sep. 30, 2018	28,620,000	2,949,000
Beginning Balance at Dec. 31, 2018	$ 32	$ (141,828)	213,744	76,835	(1,385)	147,398
Beginning Balance (in shares) at Dec. 31, 2018	28,627,000	2,951,000
Stock-Based Compensation Expense			3,621			3,621
Release of Restricted Shares (in shares)	83,000
Common Stock Repurchased and Transferred	$ (2)	$ (471)				$ (473)
Common Stock Repurchased and Transferred, (in treasury shares)		(1,708,000)
Common Stock Repurchased and Transferred (in shares)						0
Translation Adjustment					(279)	$ (279)
Net Income (Loss)				(6,735)		(6,735)
Ending Balance at Sep. 30, 2019	$ 30	$ (142,299)	217,365	70,100	(1,664)	143,532
Ending Balance (in shares) at Sep. 30, 2019	28,710,000	1,243,000
Beginning Balance at Jun. 30, 2019	$ 30	$ (142,269)	216,159	69,055	(1,577)	141,398
Beginning Balance (in shares) at Jun. 30, 2019	28,701,000	1,239,000
Stock-Based Compensation Expense			1,206			1,206
Release of Restricted Shares (in shares)	9,000
Common Stock Repurchased and Transferred		$ (30)				(30)
Common Stock Repurchased and Transferred, (in treasury shares)		4,000
Translation Adjustment					(87)	(87)
Net Income (Loss)				1,045		1,045
Ending Balance at Sep. 30, 2019	$ 30	$ (142,299)	$ 217,365	$ 70,100	$ (1,664)	$ 143,532
Ending Balance (in shares) at Sep. 30, 2019	28,710,000	1,243,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash Flows from Operating Activities:
Net Income (Loss)	$ (6,735)	$ 2,497
Adjustments to Reconcile Net Loss:
Depreciation and Amortization	12,903	14,042
Stock-Based Compensation Expense	3,621	3,131
(Gain) Loss on Disposal of Fixed Assets	(284)	1,812
Changes in Operating Assets and Liabilities:
Merchandise Inventories	10,270	(44,450)
Accounts Payable	(14,186)	(3,196)
Customer Deposits and Store Credits	4,810	5,079
Prepaid Expenses and Other Current Assets	(3,665)	1,153
Accrual for Legal Matters and Settlements	4,575	2,951
Payments for Legal Matters and Settlements	(33,725)	(2,264)
Other Assets and Liabilities	5,341	(6,584)
Net Cash Used in Operating Activities	(17,075)	(25,829)
Cash Flows from Investing Activities:
Purchases of Property and Equipment	(13,523)	(10,651)
Other Investing Activities	419	553
Net Cash Used in Investing Activities	(13,104)	(10,098)
Cash Flows from Financing Activities:
Borrowings on Credit Agreement	85,500	37,000
Payments on Credit Agreement	(61,000)	(9,000)
Payments on Financed Insurance Obligations		(612)
Other Financing Activities	(1,104)	(163)
Net Cash Provided by Financing Activities	23,396	27,225
Effect of Exchange Rates on Cash and Cash Equivalents	823	595
Net Increase (Decrease) in Cash and Cash Equivalents	(5,960)	(8,107)
Cash and Cash Equivalents, Beginning of Period	11,565	19,938
Cash and Cash Equivalents, End of Period	$ 5,605	$ 11,831

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2019
Basis of Presentation [Abstract]
Basis of Presentation	Note 1. Basis of Presentation Lumber Liquidators Holdings, Inc. and its direct and indirect subsidiaries (collectively and, where applicable, individually, the “Company”) engage in business as a multi-channel specialty retailer of hard-surface flooring, and hard-surface flooring enhancements and accessories, operating as a single operating segment. The Company offers an extensive assortment of exotic and domestic hardwood species, engineered hardwood, laminate, resilient vinyl, waterproof vinyl plank and porcelain tile flooring direct to the consumer. The Company also features the renewable flooring products, bamboo and cork, and provides a wide selection of flooring enhancements and accessories, including moldings, noise-reducing underlayment, adhesives and flooring tools. The Company also provides in-home delivery and installation services to its customers. The Company sells primarily to homeowners or to contractors on behalf of homeowners through a network of store locations in metropolitan areas. As of September 30, 2019, the Company’s stores spanned 47 states in the United States (“U.S.”) and included eight stores in Canada. In addition to the store locations, the Company’s products may be ordered, and customer questions/concerns addressed, through both its call center in Toano, Virginia and its website, www.lumberliquidators.com. Until January 2019, the Company finished the majority of its Bellawood products on its finishing lines in Toano, Virginia, which along with the call center, corporate offices, and a distribution center, represent the “Corporate Headquarters.” In July of 2018, the Company announced its plan to sell its finishing line equipment to an unaffiliated third-party purchaser and to relocate its corporate headquarters to Richmond, Virginia, in 2019. The Company ceased finishing floors in January 2019. The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10‑Q for interim financial reporting pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In the opinion of management, all adjustments (consisting of normal and recurring adjustments except those otherwise described herein) considered necessary for a fair presentation have been included in the accompanying condensed consolidated financial statements. However, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles (“GAAP”) for complete financial statements. Therefore, the interim condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes included in the Company’s annual report filed on Form 10‑K for the year ended December 31, 2018. The condensed consolidated financial statements of the Company include the accounts of its wholly-owned subsidiaries. All intercompany transactions have been eliminated in consolidation. Results of operations for the three and nine months ended September 30, 2019 are not necessarily indicative of future results to be expected for the full year due to a number of factors, including seasonality.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2019
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Note 2. Summary of Significant Accounting Policies Fair Value of Financial Instruments The carrying amounts of financial instruments such as cash and cash equivalents, accounts payable and other liabilities approximate fair value because of the short-term nature of these items. The carrying amount of obligations under the Credit Agreement approximates fair value due to the variable rate of interest. Merchandise Inventories The Company values merchandise inventories at the lower of merchandise cost or net realizable value. The Company determines merchandise cost using the weighted average method. All of the hardwood flooring the Company purchases from suppliers is either prefinished or unfinished and in immediate saleable form. Inventory cost includes the costs of bringing an article to its existing condition and location, such as shipping and handling and import tariffs. The Company periodically reviews the carrying value of items in inventory and records a lower of cost or net realizable value adjustment when there is evidence that the utility of inventory will be less than its cost. In determining net realizable value, the Company makes judgments and estimates as to the market value of its products, based on factors such as historical results and current sales trends. Although the Company believes its products are appropriately valued as of the balance sheet date, there can be no assurance that future events or changes in key assumptions would not significantly impact their value. Recognition of Net Sales The Company generates revenues primarily by retailing merchandise flooring and accessories in the form of solid and engineered hardwood, bamboo, cork, laminate, resilient vinyl, waterproof vinyl plank and porcelain tile flooring . Additionally, the Company expands its revenues by offering services to deliver and/or install this merchandise for its customers; it considers these services to be separate performance obligations. The separate performance obligations are detailed on the customer’s invoice(s) and the customer often purchases flooring merchandise without purchasing installation or delivery services. Sales occur through a network of 419 stores, which spanned 47 states including eight stores in Canada, at September 30, 2019. In addition, both the merchandise and services can be ordered through a call center and from the Company’s website, www.lumberliquidators.com. The Company’s agreements with its customers are of short duration (less than a year) and as such the Company has elected not to disclose revenue for partially satisfied contracts that will be completed in the days following the end of a period as permitted by GAAP. The Company reports its revenues exclusive of sales taxes collected from customers and remitted to governmental taxing authorities, consistent with past practice. Revenue is based on consideration specified in a contract with a customer, and excludes any sales incentives from vendors and amounts collected on behalf of third parties. The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product to a customer or performing service for a customer. Revenues from installation and delivery services are recognized when the delivery is made or the installation is complete, which approximates the recognition of revenue over time due to the short duration of service provided. The price of the Company’s merchandise and services are specified in the respective contracts and detailed on the invoice reviewed with the customer including any discounts. The Company generally requires customers to pay a deposit, equal to approximately half of the retail sales value, when ordering merchandise not regularly carried in a given location or not currently in stock. In addition, the Company generally does not extend credit to its customers with payment due in full at the time the customer takes possession of merchandise or when the service is provided. Customer payments and deposits received in advance of the customer taking possession of the merchandise or receiving the services are recorded as deferred revenues in the accompanying condensed consolidated balance sheet caption Customer Deposits and Store Credits. The following table shows the activity in this account for the periods noted: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Customer Deposits and Store Credits, Beginning Balance $ (42,888) $ (45,347) $ (40,332) $ (38,546) New Deposits (281,747) (285,047) (876,010) (873,450) Recognition of Revenue 263,960 270,469 818,748 815,715 Sales Tax included in Customer Deposits 15,982 16,622 50,246 50,715 Other (343) (210) 2,312 2,053 Customer Deposits and Store Credits, Ending Balance $ (45,036) $ (43,513) $ (45,036) $ (43,513) Subject to limitations under the Company’s policy, return of unopened merchandise is accepted for 90 days. The amount of revenue recognized for flooring merchandise is adjusted for expected returns, which are estimated based on the Company’s historical data, current sales levels, and forecasted economic trends. The Company uses the expected value method to estimate returns because it has a large number of contracts with similar characteristics. The Company reduces revenue by the amount of expected returns and records it within accrued expenses and other on the condensed consolidated balance sheet. The Company continues to estimate the amount of returns based on the historical data. In addition, the Company recognizes a related asset for the right to recover returned merchandise and records it in the other current assets caption of the accompanying condensed consolidated balance sheet. This amount was $1 .2 million at September 30, 2019. The Company recognizes sales commissions as incurred since the amortization period is less than one year. The Company offers a range of limited warranties for the durability of the finish on its prefinished products. These limited warranties range from one to 100 years, with limited lifetime warranties for certain of the Company’s products. Warranty reserves are based primarily on claims experience, sales history and other considerations. Warranty costs are recorded in cost of sales. In total, the Company offers hundreds of different flooring products; however, no single flooring product represented a significant portion of its sales mix. By major product category, the Company’s sales mix was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Manufactured Products 1 $ 108,825 41 % $ 98,580 36 % $ 337,479 41 % $ 289,431 35 % Solid and Engineered Hardwood 76,358 29 % 89,700 33 % 241,713 30 % 283,987 35 % Moldings and Accessories and Other 44,058 17 % 48,100 18 % 138,607 17 % 148,404 18 % Installation and Delivery Services 34,719 13 % 34,089 13 % 100,949 12 % 93,893 12 % Total $ 263,960 100 % $ 270,469 100 % $ 818,748 100 % $ 815,715 100 % 1 Includes laminate, vinyl, engineered vinyl plank and porcelain tile. Cost of Sales Cost of sales includes the cost of products sold, including tariffs, the cost of installation services, and transportation costs from vendors to the Company’s distribution centers or store locations. It also includes any applicable finishing costs related to production of the Company’s proprietary brands, transportation costs from distribution centers to store locations, transportation costs for the delivery of products from store locations to customers, certain costs of quality control procedures, warranty and customer satisfaction costs, inventory adjustments including obsolescence and shrinkage, and costs to produce samples, which are net of vendor allowances. The Company ceased finishing floors in January 2019, as previously disclosed in the Form 10-K for the year ended December 31, 2018. Leases In February 2016, the FASB issued Accounting Standards Update No. 2016-02 (“ASU 2016-02”), which created ASC Topic 842, Leases, and superseded the lease accounting requirements in Topic 840, Leases. In summary, Topic 842 requires organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. In August 2018, the FASB issued ASU 2018-11, Targeted Improvements to ASC 842, which included an option to not restate comparative periods in transition and elect to use the effective date of ASC 842 as the date of initial application of transition, which the Company elected. As a result of the adoption of ASC 842 on January 1, 2019, the Company recorded both operating lease right-of-use (“ROU”) assets of $113 million and lease liabilities of $121 million. The adoption of ASC 842 had an immaterial impact on the Company’s condensed consolidated statements of operations and condensed consolidated statements of cash flows for the three and nine month periods ended September 30, 2019. The Company elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to carryforward the historical lease classification. The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease ROU assets and operating lease liabilities on the condensed consolidated balance sheets. The operating lease ROU assets and operating lease liabilities are recognized as the present value of the future minimum lease payments over the lease term at commencement date. As most of the leases do not provide an implicit rate, the Company used its incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The operating lease ROU asset also is adjusted for any lease payments made and excludes lease incentives and initial direct costs incurred. The Company’s lease terms may include options to extend or terminate the lease at certain dates, typically at the Company’s own discretion. The Company regularly evaluates the renewal options and when they are reasonably certain of exercise, the Company includes the renewal period in its lease term. Many of the Company’s leases include both lease (e.g., payments including rent, taxes, and insurance costs) and non-lease components (e.g., common-area or other maintenance costs) which are accounted for as a single lease component as the Company has elected the practical expedient to group lease and non-lease components for all leases. Lease expense for minimum lease payments is recognized on a straight-line basis over the term of the agreement. The Company made an accounting policy election that payments under agreements with an initial term of 12 months or less will not be included on the condensed consolidated balance sheet but will be recognized in the condensed consolidated statements of operations on a straight-line basis over the term of the agreement. Additional information and disclosures required by this new standard are contained in “Note 7, Leases.” Recent Accounting Pronouncements Not Yet Adopted In August 2018, the FASB issued Accounting Standards Update No. 2018‑15 (“ASU 2018‑15”), which provides guidance on the accounting for costs of implementation activities performed in a cloud computing arrangement that is a service contract, as initially published in Accounting Standards Update No. 2015‑05, Intangibles—Goodwill and Other—Internal-Use Software: Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement . In summary, the new standard requires customers of cloud computing services to recognize an intangible asset for the software license and, to the extent that payments attributable to the software license are made over time, a liability is also recognized. The new standard also allows customers of cloud computing services to capitalize certain implementation costs. The amendments in ASU 2018‑15 are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The Company adopted the new stand ard as of the beginning of the 4 th quarter of 2019.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2019
Stockholders' Equity [Abstract]
Stockholders' Equity	Note 3. Stockholders’ Equity Net Income (Loss) per Common Share The following table sets forth the computation of basic and diluted net income (loss) per common share: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Net Income (Loss) $ 1,045 $ 5,923 $ (6,735) $ 2,497 Weighted Average Common Shares Outstanding—Basic 28,706 28,602 28,681 28,552 Effect of Dilutive Securities: Common Stock Equivalents 80 155 — 217 Weighted Average Common Shares Outstanding—Diluted 28,786 28,757 28,681 28,769 Net Income (Loss) per Common Share—Basic $ 0.04 $ 0.21 $ (0.23) $ 0.09 Net Income (Loss) per Common Share—Diluted $ 0.04 $ 0.21 $ (0.23) $ 0.09 The following shares have been excluded from the computation of Weighted Average Common Shares Outstanding—Diluted because the effect would be anti-dilutive: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Stock Options 608 373 612 272 Restricted Shares 243 9 639 9 Stock Repurchase Program The Company’s board of directors has authorized the repurchase of up to $150 million of the Company’s common stock. At September 30, 2019, the Company had approximately $14.7 million remaining under this authorization. The Company has not repurchased any shares of its common stock under this program in more than three years.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2019
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 4. Stock-based Compensation The following table summarizes share activity related to stock options and restricted stock awards (“RSAs”): Restricted Stock Stock Options Awards Options Outstanding/Nonvested RSAs, December 31, 2018 733 487 Granted 24 602 Options Exercised/RSAs Released — (125) Forfeited (125) (51) Options Outstanding/Nonvested RSAs, September 30, 2019 632 913 The Company granted a target of 100,281 performance-based RSAs with a grant date fair value of $1.1 million during the nine months ended September 30, 2019 and a target of 30,887 performance-based RSAs with a grant date fair value of $0.7 million during the nine months ended September 30, 2018. These shares were awarded to certain members of senior management in connection with the achievement of specific key financial metrics measured over a two-year period and vest over a three-year period. The number of awards that will ultimately vest is contingent upon the achievement of these key financial metrics by the end of year two. The Company assesses the probability of achieving these metrics on a quarterly basis. For these awards, the Company recognizes the fair value expense ratably over the performance and vesting period. Once these amounts have been determined, half of the shares will vest at the end of year two and the remaining half will vest at the end of year three. These awards are included above in RSAs Granted.

Credit Agreement

Credit Agreement	9 Months Ended
	Sep. 30, 2019
Credit Agreement
Credit Agreement	Note 5. Credit Agreement On March 29, 2019, the Company entered into a Fourth Amended and Restated Credit Agreement (the “Credit Agreement”) with Bank of America, N.A. and Wells Fargo Bank, National Association (the “Lenders”). The Credit Agreement amended and restated the Third Amended and Restated Revolving Credit Agreement (the “Prior Agreement”). Under the Credit Agreement, the Lenders increased the maximum amount of borrowings under the revolving credit facility (the “Revolving Credit Facility”) from $150 million under the Prior Agreement to $175 million and added a new first in-last out $25 million term loan (the “FILO Term Loan”) for a total of $200 million, subject to the borrowing bases described below. The Company also has the option to increase the Revolving Credit Facility to a maximum total amount of $225 million, subject to the satisfaction of the conditions to such increase as specified in the Credit Agreement. As of September 30, 2019, a total of $64.5 million was outstanding under the Revolving Credit Facility and $25 million was outstanding under the FILO Term Loan. The Company also had $2.9 million in letters of credit which factor into its remaining availability. The Revolving Credit Facility and the FILO Term Loan mature on March 29, 2024 and are secured by security interests in the Collateral (as defined in the Credit Agreement), which includes substantially all assets of the Company including, among other things, the Company’s inventory and accounts receivables, and the Company’s East Coast distribution center located in Sandston, Virginia. Under the terms of the Credit Agreement, the Company has the ability to release the East Coast distribution center from the Collateral under certain conditions. The Revolving Credit Facility is available to the Company up to the lesser of (1) $175 million or (2) a revolving borrowing base equal to the sum of specified percentages of the Borrowers’ eligible credit card receivables, eligible inventory (including eligible in-transit inventory), and eligible owned real estate, less certain reserves, all of which are defined by the terms of the Credit Agreement (the “Revolving Borrowing Base”). If the outstanding FILO Term Loan exceeds the FILO Borrowing Base (as defined in the Credit Agreement), the amount of such excess reduces availability under the Revolving Borrowing Base. Loans outstanding under the Credit Agreement can bear interest based on the Base Rate (as defined in the Credit Agreement) or the LIBOR Rate (as defined in the Credit Agreement). Interest on Base Rate loans is charged at varying per annum rates computed by applying a margin ranging from (i) 0.25% to 0.75% over the Base Rate with respect to revolving loans and (ii) 1.25% to 2.00% over the Base Rate with respect to the FILO Term Loan, in each case depending on the Borrowers’ average daily excess borrowing availability under the Revolving Credit Facility during the most recently completed fiscal quarter. Interest on LIBOR Rate loans and fees for standby letters of credit are charged at varying per annum rates computed by applying a margin ranging from (i) 1.25% to 1.75% over the applicable LIBOR Rate with respect to revolving loans and (ii) 2.25% to 3.00% over the applicable LIBOR Rate with respect to the FILO Term Loan, in each case depending on the Company’s’ average daily excess borrowing availability under the Revolving Credit Facility during the most recently completed fiscal quarter. The Credit Agreement contains a fixed charge coverage ratio covenant that becomes effective only when specified availability under the Revolving Credit Facility falls below the greater of $17.5 million or 10% of the Combined Loan Cap (as defined in the Credit Agreement).

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2019
Income Taxes [Abstract]
Income Taxes	Note 6. Income Taxes The Company has a full valuation allowance recorded against its net deferred tax assets which effectively offsets its federal taxes at the statutory rate of 21%. However, it does record tax expense each period for income taxes incurred in certain state and foreign jurisdictions. For the three and nine months ended September 30, 2019, the resulting effective tax rate was 17.7% and (14.4%), respectively. For the three and nine months ended September 30, 2018, the resulting effective tax rate was 3.6% and 20.0%, respectively. The Company intends to maintain a valuation allowance on its deferred tax assets until there is sufficient evidence to support the reversal of all or some portion of these allowances. A reduction in the valuation allowance could result in a significant decrease in income tax expense in the period that the release is recorded. However, the exact timing and amount of any reduction in the Company’s valuation allowance are unknown at this time and will be subject to the earnings level it achieves in future periods.

Leases

Leases	9 Months Ended
	Sep. 30, 2019
Leases
Leases	Note 7. The Company has operating leases for all of its stores, current corporate headquarters in Toano, Virginia, its distribution center on the west coast, supplemental office facilities and certain equipment. The Company has also entered into an agreement for a future corporate headquarters in Richmond, Virginia which has a ten-year term and expected future minimum rental payments of approximately $15.4 million that commenced on November 1, 2019 when the Company took possession of the property. The store location leases are operating leases and generally have five-year base periods with one or more five-year renewal periods. The current corporate headquarters in Toano, Virginia and the supplemental office facility in Richmond, Virginia have operating leases with base terms running through December 31, 2019 and November 30, 2020, respectively. The distribution center on the west coast has an operating lease with a base term running through October 31, 2024. The cost components of the Company’s operating leases recorded in SG&A on the condensed consolidated statement of operations were as follows for the period ended September 30, 2019: Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Store Leases Other Leases Total Store Leases Other Leases Total Operating lease costs $ 8,250 $ 1,005 $ 9,255 $ 24,438 $ 3,009 $ 27,447 Variable lease costs 2,120 259 2,379 6,262 729 6,991 Total $ 10,370 $ 1,264 $ 11,634 $ 30,700 $ 3,738 $ 34,438 Variable lease costs consist primarily of taxes, insurance, and common area or other maintenance costs for our leased facilities which are paid as incurred. Other information related to leases were as follows: Nine Months Ended September 30, 2019 Store Leases Other Leases Total Supplemental Cash Flows Information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 25,011 $ 3,308 $ 28,319 Right-of-use assets obtained or modified in exchange for operating lease obligations $ 18,171 $ 461 $ 18,632 Weighted Average Remaining Lease Term (years) Weighted Average Discount Rate % % % At September 30, 2019, the future minimum rental payments under non-cancellable operating leases were as follows: Operating Leases Store Leases Other Leases Total Remainder of 2019 $ 8,524 $ 1,078 $ 9,602 2020 32,939 2,741 35,680 2021 26,813 2,264 29,077 2022 20,785 2,219 23,004 2023 14,824 2,255 17,079 Thereafter 20,006 2,075 22,081 Total future minimum lease payments 123,891 12,632 136,523 Less imputed interest (16,013) (1,699) (17,712) Total $ 107,878 $ 10,933 $ 118,811

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies [Abstract]
Commitments and Contingencies	Note 8. Commitments and Contingencies Governmental Investigations: DOJ Deferred Prosecution Agreement and SEC Resolution Beginning in 2015, the Company received subpoenas in connection with a criminal investigation conducted by the DOJ and the SEC. The focus of the investigations related to compliance with disclosure and financial reporting and requirements under federal securities laws. The Company cooperated with the investigations and produced documents and other information responsive to subpoenas and other requests. In March of 2019, prior to filing its Form 10-K, the Company reached an agreement with the U.S. Attorney, the DOJ and SEC regarding the investigation (the “Settlement Agreements”). The Company entered into a Deferred Prosecution Agreement (“DPA”) with the U.S. Attorney and the DOJ and a Cease-and-Desist Order (the “Order”) with the SEC, under which, among other things, the Company (1) paid a fine in the amount of $19.1 million to the United States Treasury, (2) forfeited to the U.S. Attorney and the DOJ the sum of $13.9 million, of which up to $6.1 million was submitted by the Company to the SEC in disgorgement and prejudgment interest under the Order and (3) is required to adopt a new compliance program, or modify its existing one, including internal controls, compliance policies, and procedures in order to ensure that the Company maintains an effective system of internal account controls designed to ensure the making and keeping of fair and accurate books, records and accounts, as well as a compliance program designed to prevent and detect violations of certain federal securities laws throughout its operations. The Settlement Agreements also provide that the Company will continue to cooperate with the U.S. Attorney, the DOJ and the SEC in all matters relating to the conduct described in the Settlement Agreements and, at the request of the U.S. Attorney, the DOJ or the SEC, the Company will cooperate fully with other domestic or foreign law enforcement authorities and agencies in any investigation of the Company relating to the Settlement Agreements. In the event the Company breaches the DPA, there is a risk the government would seek to impose remedies provided for in the DPA, including instituting criminal prosecution against the Company. The Company accrued a charge of $33 million within selling, general and administrative (“SG&A”) expenses in its December 31, 2018 financial statements, reflecting the amounts owed under the Settlement Agreements. During the second quarter of 2019, the Company remitted $33 million due to the applicable governmental parties and relieved the applicable portion of the liability in the caption “Accrual for Legal Matters and Settlements Current” on its balance sheet. Litigation Relating to Bamboo Flooring In 2014, Dana Gold filed a purported class action lawsuit alleging that certain bamboo flooring that the Company sells (the “Strand Bamboo Product”) is defective (the “Gold Litigation”). The plaintiffs sought financial damages and, in addition to attorneys’ fees and costs, the plaintiffs wanted a declaration that the Company’s actions violated the law. On September 30, 2019, the parties finalized a settlement agreement that is consistent with the terms of the Memorandum of Understanding previously disclosed by the Company, which would resolve the Gold Litigation on a nationwide basis. Under the terms of the settlement agreement, the Company will contribute $14 million in cash and provide $14 million in store-credit vouchers, with a potential additional $2 million in store-credit vouchers based on obtaining a claim’s percentage of more than 7%, for an aggregate settlement of up to $30 million. The settlement agreement is subject to certain contingencies, including court approvals. The settlement agreement does not constitute or include an admission by the Company of any fault or liability and the Company does not admit any fault, wrongdoing or liability. There can be no assurance that a settlement will be finalized and approved by the court or as to the ultimate outcome of the litigation. If the settlement agreement is not approved by the court, the Company will defend the matter vigorously and believes there are meritorious defenses and legal standards that must be met for, among other things, success on the merits. The Company accrued within SG&A a $28 million liability with the offset in the caption “Accrual for Legal Matters and Settlements Current” in its December 31, 2018 financial statements. The Company has notified its insurance carriers and continues to pursue coverage , but the insurers to date have denied coverage. As the insurance claim is still pending, the Company has not recognized any insurance recovery related to the Gold Litigation. In addition, there are a number of individual claims and lawsuits alleging damages involving Strand Bamboo product. The Company disputes these claims and intends to resolve these through the Gold Litigation, or otherwise defend such matters vigorously. Given the uncertainty of litigation, the preliminary stage of the cases, and the legal standards that must be met for success on the merits, the Company is unable to estimate the amount of loss, or range of possible loss, at this time that may result from these actions. Accordingly, no accruals have been made with respect to these matters. Any such losses could, potentially, have a material adverse effect, individually or collectively, on the Company’s results of operations, financial condition, and liquidity. Litigation Relating to Chinese Laminates Formaldehyde-Abrasion MDLs On March 15, 2018, the Company entered into a settlement agreement with the lead plaintiffs in the Formaldehyde MDL (as defined in Part II, Item 1 of this Form 10-Q) and Abrasion MDL (as defined in Part II, Item 1 of this Form 10-Q), cases more fully described in Part II, Item 1 of this Form 10-Q. Under the terms of the settlement agreement, the Company agreed to fund $22 million in cash and provide $14 million in store-credit vouchers for an aggregate settlement of $36 million to settle claims brought on behalf of purchasers of Chinese-manufactured laminate flooring sold by the Company between January 1, 2009 and May 31, 2015. The Company deposited $22 million into an escrow account administered by the court and plaintiffs’ counsel in accordance with the final settlement. The final approval order by the United States District Court for the Eastern District of Virginia has been appealed and is pending. The Company does not anticipate any change to its obligations, but must wait until the appeals are adjudicated or withdrawn. If the appeals were to result in the settlement being set aside, the Company would receive $21.5 million back from the escrow agent. Accordingly, the Company has accounted for the payment of $21.5 million as a deposit in the accompanying condensed consolidated financial statements. The $36 million aggregate settlement amount was accrued within SG&A expenses in 2017. For approximately three years after a final ruling has been reached in this matter, plaintiffs will be able to redeem vouchers for product. Some of the states have alternative expiration dates while others have an indefinite amount of time to redeem vouchers. The Company will account for the sales of these products by relieving the relevant liability, reducing inventory used in the transaction and offsetting SG&A expenses for any profit. The Company does not know the timing or pace of voucher redemption. In addition to those purchasers who opted out of the above settlement (the “Opt Outs”), there are a number of individual claims and lawsuits alleging personal injuries, breach of warranty claims, or violation of state consumer protection statutes that remain pending (collectively, the “Related Laminate Matters”). Certain of these Related Laminate Matters were settled in 2019 and 2018, while some remain in settlement negotiations. The Company recognized charges to earnings of $0.4 million and $ 2.9 million for the nine months ended September 30, 2019 and 2018, respectively, within SG&A expenses for these Remaining Laminate Matters. As of September 30, 2019, the remaining accrual related to these matters was $0.1 million, which has been included in the caption “Accrual for Legal Matters and Settlements Current” on the condensed consolidated balance sheet. While the Company believes that a further loss associated with the Opt Outs and Related Laminate Matters is reasonably possible, the Company is unable to reasonably estimate the amount or range of possible loss beyond what has been provided. If the Company incurs losses with the respect to the Opt Outs or further losses with respect to Related Laminate Matters, the ultimate resolution of these actions could have a material adverse effect on the Company’s results of operations, financial condition, and liquidity. Canadian Litigation On or about April 1, 2015, Sarah Steele (“Steele”) filed a purported class action lawsuit in the Ontario, Canada Superior Court of Justice against the Company. In the complaint, Steele’s allegations include strict liability, breach of implied warranty of fitness for a particular purpose, breach of implied warranty of merchantability, fraud by concealment, civil negligence, negligent misrepresentation and breach of implied covenant of good faith and fair dealing. Steele did not quantify any alleged damages in her complaint, but seeks compensatory damages, punitive, exemplary and aggravated damages, statutory remedies, attorneys’ fees and costs. While the Company believes that a loss associated with the Steele litigation is possible, the Company is unable to reasonably estimate the amount or range of possible loss. Employee Classification Matters In August 2017, Ashleigh Mason, Dan Morse, Ryan Carroll and Osagie Ehigie filed a purported class action lawsuit in the United States District Court for the Eastern District of New York on behalf of all current and former store managers, store managers in training, installation sales managers and similarly situated current and former employees (collectively, the “Mason Putative Class Employees”) alleging that the Company violated the Fair Labor Standards Act (“FLSA”) and New York Labor Law (“NYLL”) by classifying the Mason Putative Class Employees as exempt. The alleged violations include failure to pay for overtime work. The plaintiffs sought certification of the Mason Putative Class Employees for (i) a collective action covering the period beginning three years prior to the filing of the complaint (plus a tolling period) through the disposition of this action for the Mason Putative Class Employees nationwide in connection with FLSA and (ii) a class action covering the period beginning six years prior to the filing of the complaint (plus a tolling period) through the disposition of this action for members of the Mason Putative Class Employees who currently are or were employed in New York in connection with NYLL. The plaintiffs did not quantify any alleged damages but, in addition to attorneys’ fees and costs, the plaintiffs seek class certification, unspecified amounts for unpaid wages and overtime wages, liquidated and/or punitive damages, declaratory relief, restitution, statutory penalties, injunctive relief and other damages (the “Mason matter”). The Company disputes the claims and is defending the Mason matter vigorously. In March and April 2019, the Company offered arbitration agreements to the store managers nationwide, which were agreed to by some Mason Putative Class Employees. Conditional certification of a Nationwide Collective Class was granted in May 2019. The Company continues to defend that matter vigorously through discovery to oppose final certification. Given the general uncertainty of litigation, the legal standards that must be met for final certification, and success on the merits, the Company cannot reasonably estimate the amount of loss, or range of possible loss, if any, that may result from this action. Accordingly, no accruals have been made with respect to the Mason matter. Any such losses could potentially have a material adverse effect, individually or collectively, on the Company’s results of operations, financial condition, and liquidity. In November 2017, Robert J. Kramer, on behalf of himself and all others similarly situated (collectively, the “Kramer Plaintiffs”) filed a purported class action lawsuit in the Superior Court of California, County of Sacramento on behalf of all current and former store managers, all others with similar job functions and/or titles and all current and former employees classified as non-exempt or incorrectly classified as exempt and who worked for the Company in the State of California (collectively, the “CSM Employees”) alleging violation of the California Labor Code including, among other items, failure to pay wages and overtime and engaging in unfair business practices (the “Kramer matter”). In September 2019, the Company entered into an agreement to settle the Kramer matter, consistent with the terms of the Memorandum of Understanding previously disclosed by the Company. Under the terms of the settlement agreement, the Company will pay $4.75 million to settle the claims asserted in the Kramer matter (or which could have been asserted in the Kramer matter) on behalf of all current and/or former Store Managers and Store Managers in Training employed by the Company in California at any time between November 17, 2013 and September 19, 2019 . The settlement agreement was preliminarily approved by the court on September 19, 2019 and a hearing for final approval has been set for January 17, 2020. The settlement agreement is subject to certain contingencies, including court approval. There can be no assurance that a settlement will be finalized and approved by the court or as to the ultimate outcome of the litigation. If the settlement agreement is not approved by the court, the Company will defend the matter vigorously and believes there are meritorious defenses and legal standards that must be met for, among other things, class certification and success on the merits. If the settlement agreement is not approved by the court, the Kramer matter could have a material adverse effect on the Company’s financial condition and results of operations. The Company accrued within SG&A a $4.75 million liability with the offset in the caption “Accrual for Legal Matters and Settlements Current” in the second quarter of 2019. Antidumping and Countervailing Duties Investigation In October 2010, a conglomeration of domestic manufacturers of multilayered wood flooring filed a petition seeking the imposition of antidumping (“AD”) and countervailing duties (“CVD”) with the United States Department of Commerce (“DOC”) and the United States International Trade Commission (“ITC”) against imports of multilayered wood flooring from China. This ruling applies to companies importing multilayered wood flooring from Chinese suppliers subject to the AD and CVD orders. The Company’s multilayered wood flooring imports from China accounted for approximately 7% and 8% of its flooring purchases in 2018 and 2017, respectively. The Company’s consistent view through the course of this matter has been, and remains, that its imports are neither dumped nor subsidized. As such, it has appealed the original imposition of AD and CVD fees. As part of its processes in these proceedings, the DOC conducts annual reviews of the AD and CVD rates. In such cases, the DOC will issue preliminary rates that are not binding and are subject to comment by interested parties. After consideration of the comments received, the DOC will issue final rates for the applicable period, which may lag by a year or more. At the time of import, the Company makes deposits at the then prevailing rate, even while the annual review is in process. When rates are declared final by the DOC, the Company accrues a receivable or payable depending on where that final rate compares to the deposits it has made. The Company and/or the domestic manufacturers can appeal the final rate for any period and can place a hold on final settlement by U.S. Customs and Border Protection while the appeals are pending. In addition to its overall appeal of the imposition of AD and CVD, which is still pending, the Company as well as other involved parties have appealed many of the final rate determinations. Those appeals are pending and, at times, have resulted in delays in settling the shortfalls and refunds shown in the table below. Because of the length of time for finalization of rates as well as appeals, any subsequent adjustment of AD and CVD rates typically flows through a period different from those in which the inventory was originally purchased and/or sold. Results by period for the Company are shown below. The column labeled ‘September 30, 2019 Receivable/Liability Balance’ represents the amount the Company would receive or pay (net of any collections or payments) as the result of subsequent adjustment to rates whether due to finalization by the DOC or because of action of a court based on appeals by various parties. It does not include any initial amounts paid for AD or CVD in the current period at the in-effect rate at that time. The Company recorded net interest expense related to antidumping of $0.4 million for the nine months ended September 30, 2019, with the amount included in other expense on the condensed consolidated statements of operations. The estimated associated interest payable and receivable for each period is not included in the table below but is included in the same financial statement line item on the Company’s condensed consolidated balance sheet as the associated liability and receivable balance for each period. Review Rates at which September 30, 2019 Period Period Covered Company Final Rate Receivable/Liability Deposited Balance Antidumping 1 May 2011 through 6.78% and 3.3% 0.73% 1 $1.3 million November 2012 receivable 1 2 December 2012 through 3.30% 13.74% 2 $4.1 million November 2013 liability 2 3 December 2013 through 3.3% and 5.92% 17.37% $5.5 million November 2014 liability 4 December 2014 through 5.92% and 13.74% 0.0% $0.03 million November 2015 receivable 5 December 2015 through 5.92%. 13.74%. and 17.37% 0.0% 3 $2.6 million November 2016 receivable 3 6 December 2016 through 17.37% and 0.0% 42.57% 4 $0.8 million November 2017 liability 4 7 December 2017 through 0.00% Pending NA November 2018 Included on the Condensed Consolidated Balance Sheet in $2.63 million Included on the Condensed Consolidated Balance Sheet in $1.3 million Included on the Condensed Consolidated Balance Sheet in $10.4 million Countervailing 1&2 April 2011 through 1.50% 0.83% / 0.99% $0.2 million December 2012 receivable 3 January 2013 through 1.50% 1.38% $0.05 million 4 January 2014 through 1.50% and 0.83% 1.06% $0.02 million 5 January 2015 through 0.83% and 0.99% Final at 0.11% and 0.85% 5 $0.08 million 5 6 January 2016 through 0.99% and 1.38% Pending NA 7 January 2017 through 1.38% and 1.06% Pending NA 8 January 2018 through 1.06% Pending NA Included on the Condensed Consolidated Balance Sheet in $0.08 million Included on the Condensed Consolidated Balance Sheet in $0.27 million 1 In June 2018, the Court of International Trade sustained the DOC’s recommendation to reduce the rate for the first annual review period to 0.73% (from 5.92%). As a result, in the second quarter of 2018 the Company reversed its $0.8 million liability and recorded a $1.3 million receivable with a corresponding reduction of cost of sales. 2 As a result of the remand from CIT, in June 2019 the DOC proposed to reduce the AD rate to 6.55% for the second annual review period. The CIT is expected to rule on the DOC’s remand by the end of 2019. If the final ruling remains at 6.55% (from 13.74%), the Company’s liability of $4.1 million would decrease by $2.8 million to $1.3 million in the period in which the ruling is finalized. 3 In July 2018, the DOC issued the final rates for review period 5 at 0.0%. As a result, in the third quarter of 2018 the Company recorded a receivable of $2.6 million with a corresponding reduction of cost of sales. 4 In July 2019, the DOC issued the final rates for review period 6 at a maximum of 42.57%. As a result, the Company recorded a liability of $0.8 million with a corresponding reduction in cost of sales in the nine months ended September 30, 2019. 5 In June 2018, the DOC issued the final rates for review period 5 at 0.11% and 0.85% depending on vendor. As a result, in the second quarter of 2018 the Company recorded a receivable of $0.07 million for deposits made at previous preliminary rates, with a corresponding reduction of cost of sales. Other Matters The Company is also, from time to time, subject to claims and disputes arising in the normal course of business. In the opinion of management, while the outcome of any such claims and disputes cannot be predicted with certainty, its ultimate liability in connection with these matters is not expected to have a material adverse effect on the Company’s results of operations, financial position or liquidity.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2019
Summary of Significant Accounting Policies [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying amounts of financial instruments such as cash and cash equivalents, accounts payable and other liabilities approximate fair value because of the short-term nature of these items. The carrying amount of obligations under the Credit Agreement approximates fair value due to the variable rate of interest.
Merchandise Inventories	Merchandise Inventories The Company values merchandise inventories at the lower of merchandise cost or net realizable value. The Company determines merchandise cost using the weighted average method. All of the hardwood flooring the Company purchases from suppliers is either prefinished or unfinished and in immediate saleable form. Inventory cost includes the costs of bringing an article to its existing condition and location, such as shipping and handling and import tariffs. The Company periodically reviews the carrying value of items in inventory and records a lower of cost or net realizable value adjustment when there is evidence that the utility of inventory will be less than its cost. In determining net realizable value, the Company makes judgments and estimates as to the market value of its products, based on factors such as historical results and current sales trends. Although the Company believes its products are appropriately valued as of the balance sheet date, there can be no assurance that future events or changes in key assumptions would not significantly impact their value.
Recognition of Net Sales	Recognition of Net Sales The Company generates revenues primarily by retailing merchandise flooring and accessories in the form of solid and engineered hardwood, bamboo, cork, laminate, resilient vinyl, waterproof vinyl plank and porcelain tile flooring . Additionally, the Company expands its revenues by offering services to deliver and/or install this merchandise for its customers; it considers these services to be separate performance obligations. The separate performance obligations are detailed on the customer’s invoice(s) and the customer often purchases flooring merchandise without purchasing installation or delivery services. Sales occur through a network of 419 stores, which spanned 47 states including eight stores in Canada, at September 30, 2019. In addition, both the merchandise and services can be ordered through a call center and from the Company’s website, www.lumberliquidators.com. The Company’s agreements with its customers are of short duration (less than a year) and as such the Company has elected not to disclose revenue for partially satisfied contracts that will be completed in the days following the end of a period as permitted by GAAP. The Company reports its revenues exclusive of sales taxes collected from customers and remitted to governmental taxing authorities, consistent with past practice. Revenue is based on consideration specified in a contract with a customer, and excludes any sales incentives from vendors and amounts collected on behalf of third parties. The Company recognizes revenue when it satisfies a performance obligation by transferring control over a product to a customer or performing service for a customer. Revenues from installation and delivery services are recognized when the delivery is made or the installation is complete, which approximates the recognition of revenue over time due to the short duration of service provided. The price of the Company’s merchandise and services are specified in the respective contracts and detailed on the invoice reviewed with the customer including any discounts. The Company generally requires customers to pay a deposit, equal to approximately half of the retail sales value, when ordering merchandise not regularly carried in a given location or not currently in stock. In addition, the Company generally does not extend credit to its customers with payment due in full at the time the customer takes possession of merchandise or when the service is provided. Customer payments and deposits received in advance of the customer taking possession of the merchandise or receiving the services are recorded as deferred revenues in the accompanying condensed consolidated balance sheet caption Customer Deposits and Store Credits. The following table shows the activity in this account for the periods noted: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Customer Deposits and Store Credits, Beginning Balance $ (42,888) $ (45,347) $ (40,332) $ (38,546) New Deposits (281,747) (285,047) (876,010) (873,450) Recognition of Revenue 263,960 270,469 818,748 815,715 Sales Tax included in Customer Deposits 15,982 16,622 50,246 50,715 Other (343) (210) 2,312 2,053 Customer Deposits and Store Credits, Ending Balance $ (45,036) $ (43,513) $ (45,036) $ (43,513) Subject to limitations under the Company’s policy, return of unopened merchandise is accepted for 90 days. The amount of revenue recognized for flooring merchandise is adjusted for expected returns, which are estimated based on the Company’s historical data, current sales levels, and forecasted economic trends. The Company uses the expected value method to estimate returns because it has a large number of contracts with similar characteristics. The Company reduces revenue by the amount of expected returns and records it within accrued expenses and other on the condensed consolidated balance sheet. The Company continues to estimate the amount of returns based on the historical data. In addition, the Company recognizes a related asset for the right to recover returned merchandise and records it in the other current assets caption of the accompanying condensed consolidated balance sheet. This amount was $1 .2 million at September 30, 2019. The Company recognizes sales commissions as incurred since the amortization period is less than one year. The Company offers a range of limited warranties for the durability of the finish on its prefinished products. These limited warranties range from one to 100 years, with limited lifetime warranties for certain of the Company’s products. Warranty reserves are based primarily on claims experience, sales history and other considerations. Warranty costs are recorded in cost of sales. In total, the Company offers hundreds of different flooring products; however, no single flooring product represented a significant portion of its sales mix. By major product category, the Company’s sales mix was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Manufactured Products 1 $ 108,825 41 % $ 98,580 36 % $ 337,479 41 % $ 289,431 35 % Solid and Engineered Hardwood 76,358 29 % 89,700 33 % 241,713 30 % 283,987 35 % Moldings and Accessories and Other 44,058 17 % 48,100 18 % 138,607 17 % 148,404 18 % Installation and Delivery Services 34,719 13 % 34,089 13 % 100,949 12 % 93,893 12 % Total $ 263,960 100 % $ 270,469 100 % $ 818,748 100 % $ 815,715 100 % 1 Includes laminate, vinyl, engineered vinyl plank and porcelain tile.
Cost of Sales	Cost of Sales Cost of sales includes the cost of products sold, including tariffs, the cost of installation services, and transportation costs from vendors to the Company’s distribution centers or store locations. It also includes any applicable finishing costs related to production of the Company’s proprietary brands, transportation costs from distribution centers to store locations, transportation costs for the delivery of products from store locations to customers, certain costs of quality control procedures, warranty and customer satisfaction costs, inventory adjustments including obsolescence and shrinkage, and costs to produce samples, which are net of vendor allowances. The Company ceased finishing floors in January 2019, as previously disclosed in the Form 10-K for the year ended December 31, 2018.
Leases	Leases In February 2016, the FASB issued Accounting Standards Update No. 2016-02 (“ASU 2016-02”), which created ASC Topic 842, Leases, and superseded the lease accounting requirements in Topic 840, Leases. In summary, Topic 842 requires organizations that lease assets to recognize on the balance sheet the assets and liabilities for the rights and obligations created by those leases. In August 2018, the FASB issued ASU 2018-11, Targeted Improvements to ASC 842, which included an option to not restate comparative periods in transition and elect to use the effective date of ASC 842 as the date of initial application of transition, which the Company elected. As a result of the adoption of ASC 842 on January 1, 2019, the Company recorded both operating lease right-of-use (“ROU”) assets of $113 million and lease liabilities of $121 million. The adoption of ASC 842 had an immaterial impact on the Company’s condensed consolidated statements of operations and condensed consolidated statements of cash flows for the three and nine month periods ended September 30, 2019. The Company elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to carryforward the historical lease classification. The Company determines if an arrangement is a lease at inception. Operating leases are included in operating lease ROU assets and operating lease liabilities on the condensed consolidated balance sheets. The operating lease ROU assets and operating lease liabilities are recognized as the present value of the future minimum lease payments over the lease term at commencement date. As most of the leases do not provide an implicit rate, the Company used its incremental borrowing rate based on the information available at commencement date in determining the present value of future payments. The operating lease ROU asset also is adjusted for any lease payments made and excludes lease incentives and initial direct costs incurred. The Company’s lease terms may include options to extend or terminate the lease at certain dates, typically at the Company’s own discretion. The Company regularly evaluates the renewal options and when they are reasonably certain of exercise, the Company includes the renewal period in its lease term. Many of the Company’s leases include both lease (e.g., payments including rent, taxes, and insurance costs) and non-lease components (e.g., common-area or other maintenance costs) which are accounted for as a single lease component as the Company has elected the practical expedient to group lease and non-lease components for all leases. Lease expense for minimum lease payments is recognized on a straight-line basis over the term of the agreement. The Company made an accounting policy election that payments under agreements with an initial term of 12 months or less will not be included on the condensed consolidated balance sheet but will be recognized in the condensed consolidated statements of operations on a straight-line basis over the term of the agreement. Additional information and disclosures required by this new standard are contained in “Note 7, Leases.”
Separation of Lease and Nonlease Components	Many of the Company’s leases include both lease (e.g., payments including rent, taxes, and insurance costs) and non-lease components (e.g., common-area or other maintenance costs) which are accounted for as a single lease component as the Company has elected the practical expedient to group lease and non-lease components for all leases.
Recent Accounting Pronouncements Not Yet Adopted	Recent Accounting Pronouncements Not Yet Adopted In August 2018, the FASB issued Accounting Standards Update No. 2018‑15 (“ASU 2018‑15”), which provides guidance on the accounting for costs of implementation activities performed in a cloud computing arrangement that is a service contract, as initially published in Accounting Standards Update No. 2015‑05, Intangibles—Goodwill and Other—Internal-Use Software: Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement . In summary, the new standard requires customers of cloud computing services to recognize an intangible asset for the software license and, to the extent that payments attributable to the software license are made over time, a liability is also recognized. The new standard also allows customers of cloud computing services to capitalize certain implementation costs. The amendments in ASU 2018‑15 are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The Company adopted the new stand ard as of the

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2019
Summary of Significant Accounting Policies [Abstract]
Schedule of Customer Deposits and Store Credits	The following table shows the activity in this account for the periods noted: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Customer Deposits and Store Credits, Beginning Balance $ (42,888) $ (45,347) $ (40,332) $ (38,546) New Deposits (281,747) (285,047) (876,010) (873,450) Recognition of Revenue 263,960 270,469 818,748 815,715 Sales Tax included in Customer Deposits 15,982 16,622 50,246 50,715 Other (343) (210) 2,312 2,053 Customer Deposits and Store Credits, Ending Balance $ (45,036) $ (43,513) $ (45,036) $ (43,513)
Sales Mix by Major Product	In total, the Company offers hundreds of different flooring products; however, no single flooring product represented a significant portion of its sales mix. By major product category, the Company’s sales mix was as follows: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Manufactured Products 1 $ 108,825 41 % $ 98,580 36 % $ 337,479 41 % $ 289,431 35 % Solid and Engineered Hardwood 76,358 29 % 89,700 33 % 241,713 30 % 283,987 35 % Moldings and Accessories and Other 44,058 17 % 48,100 18 % 138,607 17 % 148,404 18 % Installation and Delivery Services 34,719 13 % 34,089 13 % 100,949 12 % 93,893 12 % Total $ 263,960 100 % $ 270,469 100 % $ 818,748 100 % $ 815,715 100 % 1 Includes laminate, vinyl, engineered vinyl plank and porcelain tile.

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2019
Stockholders' Equity [Abstract]
Computation of Basic and Diluted Net Income Loss Per Common Share	The following table sets forth the computation of basic and diluted net income (loss) per common share: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Net Income (Loss) $ 1,045 $ 5,923 $ (6,735) $ 2,497 Weighted Average Common Shares Outstanding—Basic 28,706 28,602 28,681 28,552 Effect of Dilutive Securities: Common Stock Equivalents 80 155 — 217 Weighted Average Common Shares Outstanding—Diluted 28,786 28,757 28,681 28,769 Net Income (Loss) per Common Share—Basic $ 0.04 $ 0.21 $ (0.23) $ 0.09 Net Income (Loss) per Common Share—Diluted $ 0.04 $ 0.21 $ (0.23) $ 0.09
Anti-Dilutive Securities Excluded from Computation of Weighted Average Common Shares Outstanding Diluted	The following shares have been excluded from the computation of Weighted Average Common Shares Outstanding—Diluted because the effect would be anti-dilutive: Three Months Ended Nine Months Ended September 30, September 30, 2019 2018 2019 2018 Stock Options 608 373 612 272 Restricted Shares 243 9 639 9

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2019
Stock-Based Compensation [Abstract]
Summary Of Activity Related To Stock Options And Restricted Stock Awards	The following table summarizes share activity related to stock options and restricted stock awards (“RSAs”): Restricted Stock Stock Options Awards Options Outstanding/Nonvested RSAs, December 31, 2018 733 487 Granted 24 602 Options Exercised/RSAs Released — (125) Forfeited (125) (51) Options Outstanding/Nonvested RSAs, September 30, 2019 632 913

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Leases
Schedule of cost components of operating leases	Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Store Leases Other Leases Total Store Leases Other Leases Total Operating lease costs $ 8,250 $ 1,005 $ 9,255 $ 24,438 $ 3,009 $ 27,447 Variable lease costs 2,120 259 2,379 6,262 729 6,991 Total $ 10,370 $ 1,264 $ 11,634 $ 30,700 $ 3,738 $ 34,438
Schedule of other information related to leases	Nine Months Ended September 30, 2019 Store Leases Other Leases Total Supplemental Cash Flows Information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 25,011 $ 3,308 $ 28,319 Right-of-use assets obtained or modified in exchange for operating lease obligations $ 18,171 $ 461 $ 18,632 Weighted Average Remaining Lease Term (years) Weighted Average Discount Rate % % %
Schedule of future minimum rental payments under noncancelable operating leases	Operating Leases Store Leases Other Leases Total Remainder of 2019 $ 8,524 $ 1,078 $ 9,602 2020 32,939 2,741 35,680 2021 26,813 2,264 29,077 2022 20,785 2,219 23,004 2023 14,824 2,255 17,079 Thereafter 20,006 2,075 22,081 Total future minimum lease payments 123,891 12,632 136,523 Less imputed interest (16,013) (1,699) (17,712) Total $ 107,878 $ 10,933 $ 118,811

Commitments and Contingencies (

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2019
Commitments and Contingencies [Abstract]
Schedule of Other Commitments	Review Rates at which September 30, 2019 Period Period Covered Company Final Rate Receivable/Liability Deposited Balance Antidumping 1 May 2011 through 6.78% and 3.3% 0.73% 1 $1.3 million November 2012 receivable 1 2 December 2012 through 3.30% 13.74% 2 $4.1 million November 2013 liability 2 3 December 2013 through 3.3% and 5.92% 17.37% $5.5 million November 2014 liability 4 December 2014 through 5.92% and 13.74% 0.0% $0.03 million November 2015 receivable 5 December 2015 through 5.92%. 13.74%. and 17.37% 0.0% 3 $2.6 million November 2016 receivable 3 6 December 2016 through 17.37% and 0.0% 42.57% 4 $0.8 million November 2017 liability 4 7 December 2017 through 0.00% Pending NA November 2018 Included on the Condensed Consolidated Balance Sheet in $2.63 million Included on the Condensed Consolidated Balance Sheet in $1.3 million Included on the Condensed Consolidated Balance Sheet in $10.4 million Countervailing 1&2 April 2011 through 1.50% 0.83% / 0.99% $0.2 million December 2012 receivable 3 January 2013 through 1.50% 1.38% $0.05 million 4 January 2014 through 1.50% and 0.83% 1.06% $0.02 million 5 January 2015 through 0.83% and 0.99% Final at 0.11% and 0.85% 5 $0.08 million 5 6 January 2016 through 0.99% and 1.38% Pending NA 7 January 2017 through 1.38% and 1.06% Pending NA 8 January 2018 through 1.06% Pending NA Included on the Condensed Consolidated Balance Sheet in $0.08 million Included on the Condensed Consolidated Balance Sheet in $0.27 million 1 In June 2018, the Court of International Trade sustained the DOC’s recommendation to reduce the rate for the first annual review period to 0.73% (from 5.92%). As a result, in the second quarter of 2018 the Company reversed its $0.8 million liability and recorded a $1.3 million receivable with a corresponding reduction of cost of sales. 2 As a result of the remand from CIT, in June 2019 the DOC proposed to reduce the AD rate to 6.55% for the second annual review period. The CIT is expected to rule on the DOC’s remand by the end of 2019. If the final ruling remains at 6.55% (from 13.74%), the Company’s liability of $4.1 million would decrease by $2.8 million to $1.3 million in the period in which the ruling is finalized. 3 In July 2018, the DOC issued the final rates for review period 5 at 0.0%. As a result, in the third quarter of 2018 the Company recorded a receivable of $2.6 million with a corresponding reduction of cost of sales. 4 In July 2019, the DOC issued the final rates for review period 6 at a maximum of 42.57%. As a result, the Company recorded a liability of $0.8 million with a corresponding reduction in cost of sales in the nine months ended September 30, 2019. 5 In June 2018, the DOC issued the final rates for review period 5 at 0.11% and 0.85% depending on vendor. As a result, in the second quarter of 2018 the Company recorded a receivable of $0.07 million for deposits made at previous preliminary rates, with a corresponding reduction of cost of sales.

Basis of Presentation (Narrativ

Basis of Presentation (Narrative) (Details)	Sep. 30, 2019storestate
Organization and Business Operations [Line Items]
Number of States in which Entity Operates | state	47
CANADA
Organization and Business Operations [Line Items]
Number of Stores | store	8

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Narrative) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)storestate
Organization And Business Operations [Line Items]
Number of states in which stores operates | state	47
Minimum years of product warranty	1 year
Maximum years of product warranty	100 years
Product warranty reserve | $	$ 1.2
Leases, practical expedients, package	true
U.S.
Organization And Business Operations [Line Items]
Number of stores	419
CANADA
Organization And Business Operations [Line Items]
Number of stores	8

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Schedule of Deferred Revenues) (Details) - Customer Deposits and Store Credits [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Customer Deposits and Store Credits, Beginning Balance	$ 42,888	$ 45,347	$ 40,332	$ 38,546
New Deposits	(281,747)	(285,047)	(876,010)	(873,450)
Recognition of Revenue	263,960	270,469	818,748	815,715
Sales Tax included in Customer Deposits	15,982	16,622	50,246	50,715
Other	(343)	(210)	2,312	2,053
Customer Deposits and Store Credits, Ending Balance	$ 45,036	$ 43,513	$ 45,036	$ 43,513

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Sales Mix by Major Product) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Product Information [Line Items]
Net Sales	$ 263,960	$ 270,469	$ 818,748	$ 815,715
Sales Revenue, Product Line [Member]
Product Information [Line Items]
Net Sales	$ 263,960	$ 270,469	$ 818,748	$ 815,715
Percent	100.00%	100.00%	100.00%	100.00%
Net Merchandise Sales
Product Information [Line Items]
Net Sales	$ 229,241	$ 236,380	$ 717,799	$ 721,822
Manufactured Products | Sales Revenue, Product Line [Member]
Product Information [Line Items]
Net Sales	$ 108,825	$ 98,580	$ 337,479	$ 289,431
Percent	41.00%	36.00%	41.00%	35.00%
Solid and Engineered Hardwood | Sales Revenue, Product Line [Member]
Product Information [Line Items]
Net Sales	$ 76,358	$ 89,700	$ 241,713	$ 283,987
Percent	29.00%	33.00%	30.00%	35.00%
Moldings and Accessories and Other | Sales Revenue, Product Line [Member]
Product Information [Line Items]
Net Sales	$ 44,058	$ 48,100	$ 138,607	$ 148,404
Percent	17.00%	18.00%	17.00%	18.00%
Installation and Delivery Services | Sales Revenue, Product Line [Member]
Product Information [Line Items]
Net Sales	$ 34,719	$ 34,089	$ 100,949	$ 93,893
Percent	13.00%	13.00%	12.00%	12.00%

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Recent Accounting Pronouncements Not Yet Adopted (Details) - USD ($) $ in Thousands	Sep. 30, 2019	Jan. 01, 2019
Right to use lease assets	$ 111,364
Lease liabilities	$ 118,811
ASU 2016-02 | Maximum [Member]
Lease liabilities		$ 121,000
ASU 2016-02 | Minimum [Member]
Right to use lease assets		$ 113,000

Stockholders' Equity (Computati

Stockholders' Equity (Computation of Basic and Diluted Net Income Loss Per Common Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Stockholders' Equity [Abstract]
Net Income (Loss)	$ 1,045	$ 5,923	$ (6,735)	$ 2,497
Weighted Average Common Shares Outstanding Basic	28,706	28,602	28,681	28,552
Effect of Dilutive Securities:
Common Stock Equivalents	80	155		217
Weighted Average Common Shares Outstanding Diluted	28,786	28,757	28,681	28,769
Net Income (Loss) per Common Share—Basic	$ 0.04	$ 0.21	$ (0.23)	$ 0.09
Net Income (Loss) per Common Share—Diluted	$ 0.04	$ 0.21	$ (0.23)	$ 0.09

Stockholders' Equity (Anti-Dilu

Stockholders' Equity (Anti-Dilutive Securities Excluded from Computation of Weighted Average Common Shares Outstanding-Diluted) (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from computation of earning per share	608	373	612	272
Restricted Shares [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from computation of earning per share	243	9	639	9

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018	Dec. 31, 2017
Stockholders' Equity [Abstract]
Stock repurchase program, authorized amount	$ 150
Common stock repurchased, remaining authorized amount	$ 14.7
Shares repurchased	0	0	0

Stock-Based Compensation (Summa

Stock-Based Compensation (Summarizes Share Activity Related to Stock Options and Restricted Stock Awards) (Details) shares in Thousands	9 Months Ended
	Sep. 30, 2019shares
Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance	733
Granted	24
Forfeited	(125)
Ending Balance	632
Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Beginning Balance	487
Granted	602
Options Exercised/RSAs Released	(125)
Forfeited	(51)
Ending Balance	913

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Grant date fair value of awards	$ 1		$ 1
Performance-Base Restricted Stock Awards
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Granted		100,281	30,887
Grant date fair value of awards		$ 1,100	$ 700
Senior Management | Performance-Base Restricted Stock Awards
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Share-based compensation terms		These shares were awarded to certain members of senior management in connection with the achievement of specific key financial metrics measured over a two-year period and vest over a three-year period. The number of awards that will ultimately vest is contingent upon the achievement of these key financial metrics by the end of year two. The Company assesses the probability of achieving these metrics on a quarterly basis.
Vesting period of grants		3 years
Senior Management | Performance-Base Restricted Stock Awards | Tranche One
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Percentage of awards vested		50.00%
Vesting period of grants		2 years
Senior Management | Performance-Base Restricted Stock Awards | Tranche Two
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Percentage of awards vested		50.00%
Vesting period of grants		3 years

Credit Facility (Narrative) (De

Credit Facility (Narrative) (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Mar. 29, 2019	Dec. 31, 2018
Line of Credit Facility [Line Items]
Outstanding balance	$ 89,500		$ 65,000
Credit agreement
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		$ 200,000
Revolving Credit Facility [Member] | Credit agreement
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		175,000
Option to increase aggregate amount		225,000
Long-term Debt	64,500
Line of Credit Covenant Trigger	$ 17,500
Line of credit covenant trigger percentage	10.00%
Revolving Credit Facility [Member] | Prior agreement
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity		150,000
Letter of Credit [Member] | Credit agreement
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 2,900
FILO Term Loan
Line of Credit Facility [Line Items]
Long-term Debt	$ 25,000
FILO Term Loan | Credit agreement
Line of Credit Facility [Line Items]
Face amount		$ 25,000
Minimum [Member] | Revolving Credit Facility [Member] | Base Rate | Credit agreement
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.25%
Minimum [Member] | Revolving Credit Facility [Member] | LIBOR
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Minimum [Member] | FILO Term Loan | Base Rate | Credit agreement
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Minimum [Member] | FILO Term Loan | LIBOR | Credit agreement
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.25%
Maximum [Member] | Revolving Credit Facility [Member] | Base Rate | Credit agreement
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	0.75%
Maximum [Member] | Revolving Credit Facility [Member] | LIBOR
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	1.75%
Maximum [Member] | FILO Term Loan | Base Rate | Credit agreement
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	2.00%
Maximum [Member] | FILO Term Loan | LIBOR | Credit agreement
Line of Credit Facility [Line Items]
Debt Instrument, Basis Spread on Variable Rate	3.00%

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Taxes [Line Items]
U.S. Federal corporate tax rate			21.00%
Effective tax rate	17.70%	3.60%	(14.40%)	20.00%

Leases (Narrative) (Details)

Leases (Narrative) (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)item
Store Leases
Property, Plant and Equipment [Line Items]
Term	5 years
Renewal period	5 years
Option to renew	true
Store Leases | Minimum [Member]
Property, Plant and Equipment [Line Items]
Number of renewal periods, minimum | item	1
Richmond Virginia
Property, Plant and Equipment [Line Items]
Term	10 years
Expected future minimum rental payments | $	$ 15.4

Leases - cost components (Detai

Leases - cost components (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Cost components:
Operating lease costs	$ 9,255	$ 27,447
Variable lease costs	2,379	6,991
Total	11,634	34,438
Store Leases
Cost components:
Operating lease costs	8,250	24,438
Variable lease costs	2,120	6,262
Total	10,370	30,700
Other Leases
Cost components:
Operating lease costs	1,005	3,009
Variable lease costs	259	729
Total	$ 1,264	$ 3,738

Leases cost - Other information

Leases cost - Other information related to leases (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2019USD ($)
Lessee, Lease, Description [Line Items]
Operating cash flows from operating leases	$ 28,319
Right-of-use assets obtained or modified in exchange for operating lease obligations	$ 18,632
Weighted Average Remaining Lease Term (years)	4 years 8 months 27 days
Weighted Average Discount Rate	5.90%
Store Leases
Lessee, Lease, Description [Line Items]
Operating cash flows from operating leases	$ 25,011
Right-of-use assets obtained or modified in exchange for operating lease obligations	$ 18,171
Weighted Average Remaining Lease Term (years)	4 years 8 months 23 days
Weighted Average Discount Rate	5.90%
Other Leases
Lessee, Lease, Description [Line Items]
Operating cash flows from operating leases	$ 3,308
Right-of-use assets obtained or modified in exchange for operating lease obligations	$ 461
Weighted Average Remaining Lease Term (years)	4 years 8 months 27 days
Weighted Average Discount Rate	6.20%

Leases - future minimum rental

Leases - future minimum rental payments under non-cancellable operating leases (Details) $ in Thousands	Sep. 30, 2019USD ($)
Future minimum rental payments under non-cancellable operating leases:
Remainder of 2019	$ 9,602
2020	35,680
2021	29,077
2022	23,004
2023	17,079
Thereafter	22,081
Total future minimum lease payments	136,523
Less imputed interest	(17,712)
Total	118,811
Store Leases
Future minimum rental payments under non-cancellable operating leases:
Remainder of 2019	8,524
2020	32,939
2021	26,813
2022	20,785
2023	14,824
Thereafter	20,006
Total future minimum lease payments	123,891
Less imputed interest	(16,013)
Total	107,878
Other Leases
Future minimum rental payments under non-cancellable operating leases:
Remainder of 2019	1,078
2020	2,741
2021	2,264
2022	2,219
2023	2,255
Thereafter	2,075
Total future minimum lease payments	12,632
Less imputed interest	(1,699)
Total	$ 10,933

Commitments and Contingencies_2

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Thousands	Mar. 16, 2019	Mar. 15, 2019	Sep. 30, 2019	Jun. 30, 2019	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018	Dec. 31, 2017	Mar. 15, 2018
Loss Contingencies [Line Items]
Accrual for Legal Matters and Settlements Current			$ 68,475		$ 68,475		$ 97,625
Antidumping Duties [Member]
Loss Contingencies [Line Items]
Loss Contingency Multilayered Hardwood Products Purchase Percentage							7.00%	8.00%
Antidumping Duties [Member] | Other Expense [Member]
Loss Contingencies [Line Items]
Net interest expense					400
Litigation Relating to Formaldehyde Abrasion MDL's [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount		$ 36,000
Accrual for Legal Matters and Settlements Long-term			100		$ 100
Estimated period for final ruling (in years)					3 years
Escrow Deposit									$ 22,000
Amount receive back from escrow agent									21,500
Book value of escrow deposit									$ 21,500
Litigation Settlement, Expense					$ 400	$ 2,900
Litigation Relating to Formaldehyde Abrasion MDL's [Member] | Selling, General, and Administrative Expense [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Expense								$ 36,000
Litigation Relating to Bamboo Flooring
Loss Contingencies [Line Items]
Litigation Settlement, Amount	$ 30,000
Percent of floor damage submit as proof		7.00%
Litigation Relating to Bamboo Flooring | Other Current Liabilities [Member]
Loss Contingencies [Line Items]
Accrual for Legal Matters and Settlements Current		$ 28,000
Securities Litigation Matter [Member]
Loss Contingencies [Line Items]
Payment of litigation settlement				$ 33,000
Accrual for Legal Matters and Settlements Current							$ 33,000
Kramer Litigation Matters [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount			$ 4,750
Kramer Litigation Matters [Member] | Other Current Liabilities [Member]
Loss Contingencies [Line Items]
Accrual for Legal Matters and Settlements Current				$ 4,750
United States Attorney [Member] | Securities Litigation Matter [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount					19,100
Department of Justice [Member] | Securities Litigation Matter [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount					13,900
Securities and Exchange Commission [Member] | Securities Litigation Matter [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount					$ 6,100
Cash and or Common Stock [Member] | Litigation Relating to Formaldehyde Abrasion MDL's [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount		22,000
In Store Credit [Member] | Litigation Relating to Formaldehyde Abrasion MDL's [Member]
Loss Contingencies [Line Items]
Litigation Settlement, Amount		14,000
In Store Credit [Member] | Litigation Relating to Bamboo Flooring
Loss Contingencies [Line Items]
Litigation Settlement, Amount		$ 14,000
Loss Contingency, Damages Awarded, Value	$ 2,000

Commitments and Contingencies_3

Commitments and Contingencies (Schedule of Other Commitments) (Details) - USD ($) $ in Thousands

1 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

19 Months Ended

21 Months Ended

Jun. 30, 2019

May 31, 2018

Sep. 30, 2019

Dec. 31, 2015

Sep. 30, 2019

Dec. 31, 2018

Nov. 30, 2018

Dec. 31, 2017

Nov. 30, 2017

Dec. 31, 2016

Nov. 30, 2016

Dec. 31, 2015

Nov. 30, 2015

Dec. 31, 2014

Nov. 30, 2014

Dec. 31, 2013

Nov. 30, 2013

Nov. 30, 2012

Dec. 31, 2012

Sep. 30, 2018

Jun. 30, 2018

Third Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Antidumping Duty Rate

17.37%

Contingent Liability

$ 5,500

$ 5,500

Fourth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Antidumping Duty Rate

0.00%

Contingent Receivable

30

30

Antidumping Duties [Member] | Other Current Assets [Member]

Loss Contingencies [Line Items]

Contingent Receivable

2,630

2,630

Antidumping Duties [Member] | Other Assets [Member]

Loss Contingencies [Line Items]

Contingent Receivable

1,300

1,300

Antidumping Duties [Member] | Other Noncurrent Liabilities [Member]

Loss Contingencies [Line Items]

Contingent Liability

10,400

10,400

Antidumping Duties [Member] | First Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Antidumping Duty Rate

5.92%

0.73%

Contingent Liability

1,300

$ 1,300

$ 800

Contingent Receivable

$ 1,300

Antidumping Duties [Member] | First Annual Review [Member] | Scenario, Plan [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Antidumping Duty Rate

0.73%

Antidumping Duties [Member] | Second Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

3.30%

Loss Contingency Modified Purchase Price Of Antidumping Duty Rate

13.74%

Contingent Liability

4,100

$ 4,100

Antidumping Duties [Member] | Second Annual Review [Member] | Scenario, Plan [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Antidumping Duty Rate

6.55%

Contingent Liability

1,300

1,300

Decrease in contingent liability

(2,800)

Antidumping Duties [Member] | Fourth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Antidumping Duty Rate

0.00%

Antidumping Duties [Member] | Fifth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Antidumping Duty Rate

0.00%

Contingent Receivable

$ 2,600

$ 2,600

Antidumping Duties [Member] | Sixth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Antidumping Duty Rate

42.57%

Contingent Liability

800

800

Antidumping Duties [Member] | Sixth Annual Review [Member] | Scenario, Plan [Member]

Loss Contingencies [Line Items]

Contingent Liability

800

800

Antidumping Duties [Member] | Seventh Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

0.00%

Countervailing Duties [Member] | Other Current Assets [Member]

Loss Contingencies [Line Items]

Contingent Receivable

80

80

Countervailing Duties [Member] | Other Assets [Member]

Loss Contingencies [Line Items]

Contingent Receivable

$ 270

$ 270

Countervailing Duties [Member] | First and Second Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

1.50%

Contingent Receivable

$ 200

Countervailing Duties [Member] | Third Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

1.50%

Loss Contingency Modified Purchase Price Of Countervailing Duties Rate

1.38%

Contingent Receivable

$ 50

Countervailing Duties [Member] | Fourth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Countervailing Duties Rate

1.06%

Contingent Receivable

$ 20

Countervailing Duties [Member] | Fifth Annual Review [Member]

Loss Contingencies [Line Items]

Contingent Receivable

$ 80

$ 80

$ 70

Countervailing Duties [Member] | Eighth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

1.06%

Countervailing Duties [Member] | Minimum [Member] | First and Second Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Countervailing Duties Rate

0.83%

Countervailing Duties [Member] | Minimum [Member] | Fifth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Countervailing Duties Rate

0.11%

Countervailing Duties [Member] | Maximum [Member] | First and Second Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Countervailing Duties Rate

0.99%

Countervailing Duties [Member] | Maximum [Member] | Fifth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Modified Purchase Price Of Countervailing Duties Rate

0.85%

Deposit One [Member] | Antidumping Duties [Member] | First Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

6.78%

Deposit One [Member] | Antidumping Duties [Member] | Third Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

3.30%

Deposit One [Member] | Antidumping Duties [Member] | Fourth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

5.92%

Deposit One [Member] | Antidumping Duties [Member] | Fifth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

5.92%

Deposit One [Member] | Antidumping Duties [Member] | Sixth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

17.37%

Deposit One [Member] | Countervailing Duties [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

1.50%

Deposit One [Member] | Countervailing Duties [Member] | Fifth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

0.83%

Loss Contingency Modified Purchase Price Of Countervailing Duties Rate

0.11%

Deposit One [Member] | Countervailing Duties [Member] | Sixth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

0.99%

Deposit One [Member] | Countervailing Duties [Member] | Seventh Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

1.38%

Deposit Two [Member] | Antidumping Duties [Member] | First Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

3.30%

Deposit Two [Member] | Antidumping Duties [Member] | Third Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

5.92%

Deposit Two [Member] | Antidumping Duties [Member] | Fourth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

13.74%

Deposit Two [Member] | Antidumping Duties [Member] | Fifth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

13.74%

Deposit Two [Member] | Antidumping Duties [Member] | Sixth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

0.00%

Deposit Two [Member] | Countervailing Duties [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

0.83%

Deposit Two [Member] | Countervailing Duties [Member] | Fifth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

0.99%

Loss Contingency Modified Purchase Price Of Countervailing Duties Rate

0.85%

Deposit Two [Member] | Countervailing Duties [Member] | Sixth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

1.38%

Deposit Two [Member] | Countervailing Duties [Member] | Seventh Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Countervailing Duties Rate

1.06%

Deposit Three [Member] | Antidumping Duties [Member] | Fifth Annual Review [Member]

Loss Contingencies [Line Items]

Loss Contingency Purchase Price Of Antidumping Duty Rate

17.37%