Commercial Flooring Market Overview
Capital Allocation for Value Creation
Interface®
.
•
Investing in the business to fuel our value creation strategy while upholding a disciplined approach to
capital allocation
Maintaining strong liquidity with $254 million available under our revolving credit facility as of March 31, 2019
CAPITAL DEPLOYMENT PHILOSOPHY
Reinvest in the
Business
Invest in strategic initiatives with high returns including organic growth opportunities,
innovation, manufacturing productivity and salesforce effectiveness
Utilize excess cash to opportunistically refinance or pay down debt
Evaluate Leverage
Optimize cost of capital and target Net Debt / Adjusted EBITDA below 3.0x
Explore M&A
Opportunities
Opportunistically evaluate accretive M&A transactions
Return Excess Cash
to Shareowners
Returned $30M to shareowners in 2018 via dividends and stock repurchases
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