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Reportable Segment Information (Tables)

6 Months Ended

Jul. 03, 2021

Segment Reporting [Abstract]

Reportable Segment Data

Reportable segment data reconciled to the Corporation's condensed consolidated financial statements was as follows (in thousands):

			Three Months Ended												Six Months Ended
			July 3, 2021						June 27, 2020						July 3, 2021						June 27, 2020
Net Sales:
Workplace furnishings			$	344,137					$	308,081					$	646,885					$	646,467
Residential building products			166,318						109,375						347,863						239,694
Total			$	510,455					$	417,456					$	994,748					$	886,161
Income (Loss) Before Income Taxes:
Workplace furnishings			$	8,756					$	7,785					$	5,685					$	(25,446)
Residential building products			30,525						14,365						70,374						35,036
General corporate			(14,594)						(7,308)						(28,772)						(18,476)
Operating income (loss)			24,687						14,842						47,287						(8,886)
Interest expense, net			1,857						1,943						3,612						3,754
Total			$	22,830					$	12,899					$	43,675					$	(12,640)
Depreciation and Amortization Expense:
Workplace furnishings			$	12,051					$	10,782					$	24,035					$	22,113
Residential building products			2,448						2,318						4,858						4,624
General corporate			6,177						6,019						12,246						11,868
Total			$	20,676					$	19,119					$	41,139					$	38,605
Capital Expenditures (including capitalized software):
Workplace furnishings			$	7,017					$	4,293					$	17,504					$	11,394
Residential building products			1,947						206						6,657						3,179
General corporate			4,365						3,118						8,132						6,203
Total			$	13,329					$	7,617					$	32,293					$	20,776
															As of July 3, 2021						As of January 2, 2021
Identifiable Assets:
Workplace furnishings															$	784,880					$	762,780
Residential building products															408,333						381,550
General corporate															283,975						273,702
Total															$	1,477,188					$	1,418,032

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

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