Note 19

ACQUISITIONS

The Company acquired certain assets and liabilities of J.M. Lynne Company, a New York Corporation, which designs and distributes vinyl wall coverings for commercial environments. The acquisition of J.M. Lynne Company, which was effective January 4, 1999, was completed for $36.0 million in cash and was accounted for under the purchase method of accounting. As a result of this acquisition, the Company recorded an intangible asset of $29.4 million for the excess of the purchase price over the estimated fair value of net assets acquired. The intangible asset is being amortized over 15 years.