Private company
Armstrong Flooring, Inc.
American plastics products company, incorporated in Pennsylvania1
In its 2022 annual report the company says: “We are a leading global producer of resilient flooring products for use primarily in the construction and renovation of commercial, residential and institutional buildings. We design, manufacture, source and sell flooring products primarily in North America and the Pacific Rim.”56 It is headquartered in Lancaster, Pennsylvania.1
Last updated Oct 21, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Cost of revenue77¢$575.8M
- Selling, general and admin21¢$160.9M
- Interest2¢$12.0M
- Income tax0¢$500.0K
Out of $649.9M in revenue.3 The company lost money this year.
Financial statements
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $1.2B4 | $710.1M5 | $704.1M6 | $728.2M7 | $626.3M3 | $584.8M3 | $649.9M3 |
| Cost of revenue | $993.0M4 | $554.5M5 | $553.0M6 | $585.0M7 | $539.3M3 | $500.8M3 | $575.8M3 |
| Gross profit | $195.7M4 | $155.6M5 | $151.1M6 | $143.2M7 | $87.0M3 | $84.0M3 | $74.1M3 |
| Research and development | $11.4M8 | $12.7M8 | |||||
| Selling, general and admin | $209.7M4 | $168.1M5 | $163.8M6 | $160.6M7 | $146.4M3 | $145.2M3 | $160.9M3 |
| Operating income | -$14.0M4 | -$12.5M5 | -$12.7M6 | -$17.4M7 | -$59.4M3 | -$61.2M3 | -$40.8M3 |
| Interest | $04 | $1.5M5 | $2.7M6 | $4.8M7 | $4.4M3 | $7.5M3 | $12.0M3 |
| Income before tax | -$53.5M3 | ||||||
| Income tax | -$7.3M4 | -$4.7M5 | -$2.0M6 | -$6.0M7 | $1.6M3 | -$800.0K3 | -$500.0K3 |
| Net income | $29.6M4 | $9.2M5 | -$41.8M6 | -$163.0M7 | -$56.8M3 | -$63.1M3 | -$53.0M3 |
| Earnings per share | $1.074 | $0.335 | -$1.546 | -$6.277 | -$2.353 | -$2.883 | -$2.413 |
| Earnings per share (diluted) | $1.074 | $0.325 | -$1.546 | -$6.277 | -$2.353 | -$2.883 | -$2.413 |
| Shares (weighted, basic) | 22.0M shares3 | ||||||
| Shares (weighted, diluted) | 22.0M shares3 |
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $05 | $30.6M6 | $39.0M6 | $173.8M6 | $27.1M6 | $13.7M3 | $9.7M3 |
| Inventory | $146.3M3 | ||||||
| Current assets | $356.9M8 | $404.9M4 | $390.3M5 | $370.9M6 | $185.5M7 | $215.5M3 | $224.6M3 |
| Property, plant and equipment | $230.5M3 | ||||||
| Intangible assets | $12.4M3 | ||||||
| Total assets | $870.6M4 | $904.4M4 | $890.1M5 | $708.2M6 | $502.2M7 | $498.7M3 | $517.0M3 |
| Short-term debt | $105.8M3 | ||||||
| Current liabilities | $162.4M8 | $163.4M4 | $151.0M5 | $170.6M6 | $104.6M7 | $122.1M3 | $242.6M3 |
| Long-term debt | $10.0M8 | $21.2M4 | $85.0M5 | $70.6M6 | $42.5M7 | $71.4M3 | $700.0K3 |
| Total liabilities | $246.6M8 | $280.9M4 | $340.1M5 | $317.2M6 | $233.9M7 | $270.9M3 | $317.8M3 |
| Retained earnings | -$356.2M3 | ||||||
| Shareholders’ equity | $624.0M5 | $623.5M6 | $550.0M7 | $391.0M3 | $273.0M3 | $227.8M3 | $199.2M3 |
| Shares outstanding | 27.9M shares4 | 25.7M shares5 | 25.8M shares6 | 21.5M shares7 | 21.6M shares3 | 21.8M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $52.6M4 | $54.0M5 | $62.9M6 | $62.5M7 | -$6.0M3 | -$28.2M3 | -$70.3M3 |
| Depreciation and amortization | $43.3M3 | ||||||
| Stock-based compensation | $3.0M3 | ||||||
| Capital spending | $61.6M4 | $37.6M5 | $44.8M6 | $35.3M7 | $28.9M3 | $22.8M3 | $20.6M3 |
| Free cash flow | -$9.0M | $16.4M | $18.1M | $27.2M | -$34.9M | -$51.0M | -$90.9M |
| Cash from investing | $44.8M3 | ||||||
| Share buybacks | $04 | $05 | $40.0M6 | $1.0M7 | $51.4M3 | $03 | $03 |
| Cash from financing | $21.5M3 |
Corporate structure
Armstrong Flooring, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Armstrong Flooring, Inc.
- GAMCO Investors Filed SC 13D/A on Armstrong Flooring, Inc., latest Jul 18, 2022 (4 filings since May 31, 2022)
- ESOPUS CREEK VALUE SERIES FUND LP - SERIES A Filed SC 13D/A on Armstrong Flooring, Inc., latest May 26, 2022 (2 filings since May 11, 2022)
- 22NW, LP Filed SC 13G/A on Armstrong Flooring, Inc., latest May 4, 2022 (2 filings since Feb 14, 2022)
- Hotchkis & Wiley Capital Management Filed SC 13G/A on Armstrong Flooring, Inc., latest Mar 9, 2022 (2 filings since Feb 11, 2022)
- 180 DEGREE CAPITAL CORP. /NY/ Filed SC 13G on Armstrong Flooring, Inc., latest Feb 14, 2022
- Nantahala Capital Management, LLC Filed SC 13G/A on Armstrong Flooring, Inc., latest Feb 14, 2022
- RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on Armstrong Flooring, Inc., latest Feb 10, 2022
- DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on Armstrong Flooring, Inc., latest Feb 8, 2022
- Armstrong Flooring, Inc. Lancaster, Pennsylvania
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Armstrong Flooring, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $342.9M3 Dec 31, 2021 | $336.7M3 Dec 31, 2020 | +1.8% |
| Property and equipment, net | $230.5M3 Dec 31, 2021 | $246.9M3 Dec 31, 2020 | −6.6% |
| Finance-lease assets | $1.2M3 Dec 31, 2021 | $1.0M3 Dec 31, 2020 | +20.0% |
| Operating-lease assets (leased space) | $18.5M3 Dec 31, 2021 | $8.5M3 Dec 31, 2020 | +117.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $12.4M3 Dec 31, 2021 | $19.0M3 Dec 31, 2020 | −34.7% |
| Finite-lived intangibles, gross | $42.5M3 Dec 31, 2021 | $42.2M3 Dec 31, 2020 | +0.7% |
| Accumulated amortization | $33.1M3 Dec 31, 2021 | $26.1M3 Dec 31, 2020 | +26.8% |
Inventory
Leadership
Who has led Armstrong Flooring, Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerLarry S. McWilliams May 14, 2019 to May 14, 20199
- Chief executive officerMichel Vermette Sep 12, 2019 to Apr 4, 202210
- Chief executive officerDonald R. Maier Apr 11, 2016 to Apr 1, 201911
- ChairLarry S. McWilliams Apr 11, 2016 to Apr 11, 201612
- PresidentMichel Vermette Sep 12, 2019 to Apr 4, 202210
- PresidentDonald R. Maier Apr 11, 2016 to Apr 1, 201911
- Chief financial officerAmy Trojanowski Oct 19, 2020 to Apr 4, 202213
- Chief financial officerDouglas B. Bingham Jan 11, 2019 to Mar 12, 202014
- Chief financial officerRonald D. Ford Sep 1, 2017 to Sep 4, 201815
- Chief operating officerDavid S. Schulz Apr 11, 2016 to Apr 13, 201616
Board members and other officers (19)
- SVP, Chief Product InnovationDavid E. Thoresen Aug 27, 2021 to Dec 14, 202117
- VP, ControllerPhillip J. Gaudreau Sep 15, 2020 to Apr 7, 202118
- VP and ControllerTracy L. Marines Jan 11, 2019 to Mar 10, 202019
- SVP, SalesBrent A. Flaharty Mar 13, 2017 to Apr 4, 202220
- OfficerChristopher S. Parisi Apr 11, 2016 to Apr 4, 202221
- SVP, North America CommercialDominic Rice Apr 11, 2016 to Apr 1, 201922
- SVP, Human ResourcesJohn C. Bassett Apr 11, 2016 to Apr 4, 202223
- SVP, North America ResidentialJoseph N. Bondi Apr 11, 2016 to Jan 9, 201824
- VP and ControllerKimberly Boscan Apr 11, 2016 to Mar 9, 201825
- Board memberMichel Vermette Sep 12, 2019 to Apr 4, 202210
- Board memberDonald R. Maier Apr 11, 2016 to Apr 1, 201911
- Board memberJacob H. Welch Apr 11, 2016 to Jun 6, 201926
- Board memberJames Clinton Melville Apr 11, 2016 to Jun 8, 202127
- Board memberJames J. Oconnor Apr 11, 2016 to Jun 6, 201828
- Board memberJeffrey Liaw Apr 11, 2016 to Jun 8, 202129
- Board memberKathy S. Lane Apr 11, 2016 to Jun 8, 202130
- Board memberMichael F. Johnston Apr 11, 2016 to Jun 8, 202131
- Board memberRichard Wenz Apr 11, 2016 to Apr 13, 201632
- Board memberLarry S. McWilliams Apr 13, 2016 to Jun 8, 202133
Timeline
- Oct 6, 20228-K Executive or director change34
- Sep 7, 20228-K Executive or director change35
- Aug 29, 20228-K Completed an acquisition or sale36
- Aug 5, 20228-K Completed an acquisition or sale37
- Aug 1, 20228-K Completed an acquisition or sale; Executive or director change38
- Jul 14, 20228-K Entered a material agreement; Other events39
- May 20, 20228-K Entered a material agreement; New debt or obligation; Exit or restructuring costs40
- May 12, 20228-K Entered a material agreement; Bankruptcy or receivership; New debt or obligation41
- May 10, 20228-K Executive or director change42
- May 9, 20228-K Regulation FD disclosure43
- May 2, 20228-K Entered a material agreement; Executive or director change44
- Mar 31, 20228-K Entered a material agreement45
- Sep 12, 2019New chief executive Michel Vermette becomes CEO10
- May 14, 2019New chief executive Larry S. McWilliams becomes CEO9
- Apr 11, 2016New chief executive Donald R. Maier becomes CEO11
Calendar
When it reported results
- Nov 4, 2021Reported quarterly or annual results46
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
49 filings to the SEC since October 2021: 2 annual reports, 1 quarterly reports, 16 major events, 14 insider forms, 14 large holders, 2 other. The latest 20:
- Oct 6, 20228-K EDGAR
- Sep 7, 20228-K EDGAR
- Aug 29, 20228-K EDGAR
- Aug 5, 20228-K EDGAR
- Aug 1, 20228-K EDGAR
- Jul 18, 2022SC 13D/A EDGAR
- Jul 14, 20228-K EDGAR
- Jul 12, 2022SC 13D/A EDGAR
- Jun 30, 2022SC 13D/A EDGAR
- May 31, 2022SD EDGAR
- May 31, 2022SC 13D/A EDGAR
- May 26, 2022SC 13D/A AMENDMENT NO. 1 TO THE SCHEDULE 13D EDGAR
- May 20, 20228-K EDGAR
- May 12, 20228-K EDGAR
- May 11, 2022NT 10-Q EDGAR
- May 11, 2022SC 13D MAY 11, 2022 EDGAR
- May 10, 20228-K EDGAR
- May 9, 20228-K EDGAR
- May 4, 20224 OWNERSHIP DOCUMENT EDGAR
- May 4, 2022SC 13G/A EDGAR
The 49 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
1 open-market trades by officers, directors and large owners since October 2021: 0 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| May 2, 2022 | 22NW Fund, LP | Sale | 3,196,336 | $0.38 | $1.2M | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- GAMCO InvestorsSC 13D/A, 4 filings May 31, 2022 to Jul 18, 202247
- ESOPUS CREEK VALUE SERIES FUND LP - SERIES ASC 13D/A, 2 filings May 11, 2022 to May 26, 202248
- 22NW, LPSC 13G/A, 2 filings Feb 14, 2022 to May 4, 202249
- Hotchkis & Wiley Capital ManagementSC 13G/A, 2 filings Feb 11, 2022 to Mar 9, 202250
- 180 DEGREE CAPITAL CORP. /NY/SC 13G, 1 filing Feb 14, 202251
- Nantahala Capital Management, LLCSC 13G/A, 1 filing Feb 14, 202252
- RENAISSANCE TECHNOLOGIES LLCSC 13G/A, 1 filing Feb 10, 202253
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 1 filing Feb 8, 202254
SEC filer profile
How Armstrong Flooring, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARArmstrong Flooring, Inc.1
- CIK0001655075
- Employer ID (EIN)47-43033051
- Filer statusAccelerated filer<br>smaller reporting company1
- Incorporated inPennsylvania1
- Fiscal year endsDecember 311
- Industry code (SIC)3089 Plastics Products, NEC1
- Business address1770 Hempstead Road, P.O. Box 10068, Lancaster, PA 176051
- Phone717-672-96111
- Shares outstanding21,779,575 as of Feb 28, 202255
- Public float$94.0M as of Jun 30, 202155
- On EDGAR sinceOct 8, 20151
- Filings396 in all: 4 (159), 8-K (76), SC 13G/A (28), 3 (27), SC 13D/A (21), 10-Q (18), SC 13G (12), 10-K (6)1
All 26 form types
CORRESP (6), SD (6), DEF 14A (5), DEFA14A (5), 10-12B/A (4), UPLOAD (4), 4/A (3), S-8 (3), SC 13D (3), SC TO-I/A (2), 10-12B (1), 10-K/A (1), 10-Q/A (1), 25-NSE (1), CERTNYS (1), NT 10-Q (1), PRE 14A (1), SC TO-I (1)
- Latest filingsAnnual report (10-K) Mar 9, 2022
Quarterly report (10-Q) Nov 5, 2021
Proxy statement (DEF 14A) Apr 29, 2021
Latest 8-K (8-K) Oct 6, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12SEC EDGARLarry S. McWilliams, Chair
- 13
- 14
- 15
- 16
- 17
- 18SEC EDGARPhillip J. Gaudreau, VP, Controller
- 19SEC EDGARTracy L. Marines, VP and Controller
- 20SEC EDGARBrent A. Flaharty, SVP, Sales
- 21SEC EDGARChristopher S. Parisi, Officer
- 22
- 23
- 24
- 25SEC EDGARKimberly Boscan, VP and Controller
- 26SEC EDGARJacob H. Welch, Board member
- 27SEC EDGARJames Clinton Melville, Board member
- 28SEC EDGARJames J. Oconnor, Board member
- 29SEC EDGARJeffrey Liaw, Board member
- 30SEC EDGARKathy S. Lane, Board member
- 31SEC EDGARMichael F. Johnston, Board member
- 32SEC EDGARRichard Wenz, Board member
- 33SEC EDGARLarry S. McWilliams, Board member
- 34SEC EDGARExecutive or director change
- 35SEC EDGARExecutive or director change
- 36SEC EDGARCompleted an acquisition or sale
- 37SEC EDGARCompleted an acquisition or sale
- 38
- 39
- 40
- 41
- 42SEC EDGARExecutive or director change
- 43SEC EDGARRegulation FD disclosure
- 44
- 45SEC EDGAREntered a material agreement
- 46
- 47
- 48
- 49
- 50
- 51
- 52
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- 56