XML 43 R42.htm IDEA: XBRL DOCUMENT
v3.2.0.727

Operating Segments (Tables) | 12 Months Ended
--- | ---
May. 30, 2015
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | The following is a summary of certain key financial measures for the respective fiscal years indicated:
(In millions) |  | 2015 |  | 2014 |  | 2013
Net Sales: |  |  |  |  |  |
North American Furniture Solutions |  | $ | 1,241.9 |  |  | $ | 1,216.3 |  |  | $ | 1,221.9 |
ELA Furniture Solutions |  | 409.9 |  |  | 392.2 |  |  | 377.3 |
Specialty |  | 219.9 |  |  | 205.8 |  |  | 111.7 |
Consumer |  | 270.5 |  |  | 67.7 |  |  | 64.0 |
Corporate |  | — |  |  | — |  |  | — |
Total |  | $ | 2,142.2 |  |  | $ | 1,882.0 |  |  | $ | 1,774.9 |
Depreciation and Amortization: |  |  |  |  |  |
North American Furniture Solutions |  | $ | 26.5 |  |  | $ | 26.8 |  |  | $ | 28.0 |
ELA Furniture Solutions |  | 8.2 |  |  | 7.6 |  |  | 6.6 |
Specialty |  | 7.4 |  |  | 6.8 |  |  | 2.1 |
Consumer |  | 7.3 |  |  | 1.2 |  |  | 0.8 |
Corporate |  | 0.4 |  |  | — |  |  | — |
Total |  | $ | 49.8 |  |  | $ | 42.4 |  |  | $ | 37.5 |
Operating Earnings (Losses): |  |  |  |  |  |
North American Furniture Solutions |  | $ | 125.2 |  |  | $ | (27.0 | ) |  | $ | 76.6 |
ELA Furniture Solutions |  | 25.9 |  |  | 23.1 |  |  | 24.7 |
Specialty |  | 13.5 |  |  | (5.3 | ) |  | 1.8 |
Consumer |  | 14.7 |  |  | 9.9 |  |  | 13.6 |
Corporate |  | (15.9 | ) |  | (26.4 | ) |  | (1.8 | )
Total |  | $ | 163.4 |  |  | $ | (25.7 | ) |  | $ | 114.9 |
Capital Expenditures: |  |  |  |  |  |
North American Furniture Solutions |  | $ | 31.7 |  |  | $ | 28.9 |  |  | $ | 33.6 |
ELA Furniture Solutions |  | 20.3 |  |  | 6.4 |  |  | 15.9 |
Specialty |  | 3.7 |  |  | 5.5 |  |  | 0.7 |
Consumer |  | 7.9 |  |  | — |  |  | — |
Corporate |  | — |  |  | — |  |  | — |
Total |  | $ | 63.6 |  |  | $ | 40.8 |  |  | $ | 50.2 |
Total Assets: |  |  |  |  |  |
North American Furniture Solutions |  | $ | 500.0 |  |  | $ | 457.0 |  |  | $ | 427.8 |
ELA Furniture Solutions |  | 235.4 |  |  | 244.8 |  |  | 250.9 |
Specialty |  | 151.6 |  |  | 157.7 |  |  | 158.0 |
Consumer |  | 231.8 |  |  | 18.8 |  |  | 16.3 |
Corporate |  | 69.4 |  |  | 112.6 |  |  | 93.5 |
Total |  | $ | 1,188.2 |  |  | $ | 990.9 |  |  | $ | 946.5 |
Goodwill: |  |  |  |  |  |
North American Furniture Solutions |  | $ | 135.8 |  |  | $ | 135.8 |  |  | $ | 136.1 |
ELA Furniture Solutions |  | 41.9 |  |  | 42.6 |  |  | 41.1 |
Specialty |  | 49.8 |  |  | 49.8 |  |  | 49.8 |
Consumer |  | 75.6 |  |  | — |  |  | — |
Corporate |  | — |  |  | — |  |  | — |
Total |  | $ | 303.1 |  |  | $ | 228.2 |  |  | $ | 227.0 |
Revenue from External Customers by Products and Services | The following is a summary of net sales estimated by product category for the respective fiscal years indicated.
(In millions) |  | 2015 |  | 2014 |  | 2013
Net Sales: |  |  |  |  |  |
Systems |  | $ | 563.4 |  |  | $ | 571.6 |  |  | $ | 572.9 |
Seating |  | 805.5 |  |  | 658.2 |  |  | 609.8 |
Freestanding and storage |  | 484.1 |  |  | 386.4 |  |  | 395.0 |
Other (1) |  | 289.2 |  |  | 265.8 |  |  | 197.2 |
Total |  | $ | 2,142.2 |  |  | $ | 1,882.0 |  |  | $ | 1,774.9 |
(1) “Other” primarily consists of textiles or uncategorized product sales and service sales.
Schedule of Revenue by Customer Geographic Area | The following is a summary of geographic information for the respective fiscal years indicated. Individual foreign country information is not provided as none of the individual foreign countries in which the company operates are considered material for separate disclosure based on quantitative and qualitative considerations.
(In millions) |  | 2015 |  | 2014 |  | 2013
Net Sales: |  |  |  |  |  |
United States |  | $ | 1,640.6 |  |  | $ | 1,406.3 |  |  | $ | 1,291.5 |
International |  | 501.6 |  |  | 475.7 |  |  | 483.4 |
Total |  | $ | 2,142.2 |  |  | $ | 1,882.0 |  |  | $ | 1,774.9 |
Schedule of Long-Lived Assets by Geographic Area |
(In millions) |  | 2015 |  | 2014 |  | 2013
Long-lived assets: |  |  |  |  |  |
United States |  | $ | 224.2 |  |  | $ | 177.0 |  |  | $ | 169.2 |
International |  | 53.8 |  |  | 35.4 |  |  | 29.8 |
Total |  | $ | 278.0 |  |  | $ | 212.4 |  |  | $ | 199.0 |

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration