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Reportable Segment Information (Tables)

9 Months Ended

Sep. 28, 2024

Segment Reporting [Abstract]

Schedule of Reportable Segment Data

Reportable segment data reconciled to the Corporation’s condensed consolidated financial statements was as follows:

			Three Months Ended												Nine Months Ended
			September 28, 2024						September 30, 2023						September 28, 2024						September 30, 2023
Net Sales:
Workplace furnishings			$	505.1					$	536.8					$	1,425.1					$	1,249.5
Residential building products			167.1						174.8						458.8						504.7
Total			$	672.2					$	711.6					$	1,883.9					$	1,754.2
Income (Loss) Before Income Taxes:
Workplace furnishings			$	57.7					$	47.3					$	138.3					$	59.2
Residential building products			29.9						30.9						71.0						74.5
General corporate			(18.8)						(21.4)						(57.4)						(74.0)
Operating income			68.9						56.8						151.9						59.6
Interest expense, net			7.1						9.4						22.1						17.5
Total			$	61.8					$	47.4					$	129.8					$	42.1
Depreciation and Amortization Expense:
Workplace furnishings			$	18.7					$	16.8					$	54.3					$	41.7
Residential building products			3.6						3.5						10.7						10.2
General corporate			5.0						5.4						15.2						16.4
Total			$	27.3					$	25.6					$	80.1					$	68.3
Capital Expenditures (including capitalized software):
Workplace furnishings			$	11.2					$	18.8					$	29.7					$	50.6
Residential building products			1.7						2.7						6.0						10.1
General corporate			1.6						0.1						7.5						2.1
Total			$	14.5					$	21.6					$	43.2					$	62.8
															As of September 28, 2024						As of December 30, 2023
Identifiable Assets:
Workplace furnishings															$	1,291.5					$	1,311.4
Residential building products															482.4						467.1
General corporate															139.5						150.3
Total															$	1,913.4					$	1,928.8

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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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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