XML 83 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
Significant Accounting and Reporting Policies (Tables)
12 Months Ended
Jun. 01, 2013
Accounting Policies [Abstract]  
Goodwill and Indefinite-lived Intangibles [Table Text Block]
Goodwill and other indefinite-lived assets included in the Consolidated Balance Sheets consist of the following:
(In millions)
 
Goodwill
 
Indefinite-lived Intangible Assets
 
Total Goodwill and Indefinite-lived Intangible Assets
Balance, June 2, 2012
 
$
146.4

 
$
39.3

 
$
185.7

Sale of dealers allocation
 
(0.1
)
 

 
(0.1
)
Maharam acquisition
 
80.7

 
23.0

 
103.7

Balance, June 1, 2013
 
$
227.0

 
$
62.3

 
$
289.3

Schedule of Finite-Lived Intangible Assets by Major Class [Table Text Block]
 
June 1, 2013
 
 
(In millions)
Patent and Trademarks
 
Customer Relationships

 
Total
Gross carrying value
$
26.6

 
$
40.1

 
$
66.7

Accumulated amortization
13.9

 
4.8

 
18.7

Net
$
12.7

 
$
35.3

 
$
48.0

 
 
 
 
 
 
 
June 2, 2012
 
 
 
Patent and Trademarks
 
Customer Relationships
 
Total
Gross carrying value
$
22.7

 
$
24.0

 
$
46.7

Accumulated amortization
12.4

 
3.2

 
15.6

Net
$
10.3

 
$
20.8

 
$
31.1

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
(In millions)
 
2014
$
4.3

2015
$
4.1

2016
$
4.0

2017
$
4.0

2018
$
3.9

Schedule of Self Insurance Retention Levels [Table Text Block]
The company's retention levels designated within significant insurance arrangements as of June 1, 2013, are as follows:
(In millions)
 
Retention Level (per occurrence)
General liability and auto liability/physical damage
 
$
1.00

Workers' compensation and property
 
$
0.75

Health benefits
 
$
0.50

Schedule of Comprehensive Income (Loss) [Table Text Block]
Comprehensive Income (Loss)
Comprehensive income consists of net earnings, foreign currency translation adjustments, and unrealized holding gain (loss) on “available-for-sale” securities and pension liability adjustments. Refer to the Consolidated Statements of Comprehensive Income for further information. Also, refer to the table below for the accumulated other comprehensive income amounts by component. All amounts included below are net of tax:
(In millions)
 Foreign Currency Translation Adjustments
 
Pension and Other Post-Retirement Liability Adjustments
 
Unrealized Holding Period Gains (Losses)
 
Total
Balance as of May 29, 2010
(12.3
)
 
(123.8
)
 
(0.1
)
 
(136.2
)
Other comprehensive income - Fiscal 2011
6.4

 
25.5

 
0.1

 
32.0

Balance as of May 28, 2011
(5.9
)
 
(98.3
)
 

 
(104.2
)
Other comprehensive income - Fiscal 2012
(7.1
)
 
(29.3
)
 

 
(36.4
)
Balance as of June 2, 2012
(13.0
)
 
(127.6
)
 

 
(140.6
)
Other comprehensive income - Fiscal 2013
(1.0
)
 
17.3

 

 
16.3

Balance as of June 1, 2013
(14.0
)
 
(110.3
)
 

 
(124.3
)


Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
Fair Value of Derivative Instruments in Consolidated Balance Sheet
(In millions)
Balance Sheet Location
 
June 1, 2013
 
June 2, 2012
Foreign currency forward contracts not designated as hedges
Other current assets
 
$
0.3

 
$
0.1

Foreign currency forward contracts not designated as hedges
Other current liabilities
 
$
0.3

 
$

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
Effects of Derivative Instruments on Income
(In millions)
 
 
Fiscal Year
 
Recognized Income on Derivative (Gain) Loss Location
 
June 1, 2013
 
June 2, 2012
Foreign currency forward contracts
Other expenses (income): Other, net
 
$

 
$
0.1