XML 47 R22.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Operating Segments | 9 Months Ended
--- | ---
Feb. 28, 2015
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract] |
Segment Reporting Disclosure | OPERATING SEGMENTS Following the acquisition of DWR, we realigned the composition of our reportable segments to reflect the new operational and management divisions of the business. As a result, our previously defined "Specialty and Consumer" structure has been divided into two separate segments. The "Specialty" segment includes the operations associated with our Geiger, Maharam, and Herman Miller Collection business units. Under the new structure, the company's "Consumer" business segment includes the results of our combined North American consumer wholesale and retail business, including DWR. Prior year results have been revised to reflect this change. The North American and ELA segments were not affected by these changes. The company's reportable segments consist of North American Furniture Solutions, ELA ("EMEA, Latin America, and Asia Pacific") Furniture Solutions, Specialty, and Consumer. The North American Furniture Solutions reportable segment includes the operations associated with the design, manufacture, and sale of furniture products for work-related settings, including office, education, and healthcare environments, throughout the United States and Canada. ELA Furniture Solutions includes the operations associated with the design, manufacture, and sale of furniture products, primarily for work-related settings, in the EMEA, Latin America, and Asia-Pacific geographic regions. Specialty includes the operations associated with the design, manufacture, and sale of high-craft furniture products and textiles including Geiger wood products, Maharam textiles, and Herman Miller Collection products. The Consumer segment includes the operations associated with the sale of modern design furnishings and accessories to third party retail distributors, as well as direct to consumer sales through eCommerce and DWR studios. The company also reports a “Corporate” category consisting primarily of unallocated corporate expenses including restructuring, impairment, acquisition-related costs, and other unallocated corporate costs. The accounting policies of the reportable operating segments are the same as those of the company. Additionally, the company employs a methodology for allocating corporate costs and assets with the underlying objective of this methodology being to allocate corporate costs according to the relative usage of the underlying resources and to allocate corporate assets according to the relative expected benefit. The company has determined that allocation based on relative net sales is appropriate. The majority of corporate costs are allocated to the operating segments; however, certain costs generally considered the result of isolated business decisions are not subject to allocation and are evaluated separately from the rest of the regular ongoing business operations. For example, restructuring charges that are reflected in operating earnings are allocated to the “Corporate” category. The performance of the operating segments is evaluated by the company's management using various financial measures. The following is a summary of certain key financial measures for the respective fiscal periods indicated.
| Three Months Ended |  | Nine Months Ended
(In millions) | February 28, 2015 |  | March 1, 2014 |  | February 28, 2015 |  | March 1, 2014
Net Sales: |  |  |  |  |  |  |
North American Furniture Solutions | $ | 296.0 |  |  | $ | 293.9 |  |  | $ | 932.4 |  |  | $ | 909.2 |
ELA Furniture Solutions | 97.3 |  |  | 97.9 |  |  | 307.0 |  |  | 282.6 |
Specialty | 50.5 |  |  | 47.5 |  |  | 160.5 |  |  | 152.7 |
Consumer | 72.6 |  |  | 16.6 |  |  | 191.6 |  |  | 50.0 |
Corporate | — |  |  | — |  |  | — |  |  | — |
Total | $ | 516.4 |  |  | $ | 455.9 |  |  | $ | 1,591.5 |  |  | $ | 1,394.5 |
Depreciation and Amortization: |  |  |  |  |  |  |
North American Furniture Solutions | $ | 7.2 |  |  | $ | 7.0 |  |  | $ | 21.4 |  |  | $ | 20.8 |
ELA Furniture Solutions | 1.9 |  |  | 1.8 |  |  | 6.3 |  |  | 5.7 |
Specialty | 1.9 |  |  | 1.6 |  |  | 5.4 |  |  | 4.9 |
Consumer | 2.3 |  |  | 0.3 |  |  | 5.3 |  |  | 0.9 |
Corporate | 0.1 |  |  | — |  |  | 0.2 |  |  | — |
Total | $ | 13.4 |  |  | $ | 10.7 |  |  | $ | 38.6 |  |  | $ | 32.3 |
Operating Earnings (Loss): |  |  |  |  |  |  |
North American Furniture Solutions | $ | 26.7 |  |  | $ | 26.7 |  |  | $ | 95.2 |  |  | $ | (58.3 | )
ELA Furniture Solutions | 6.2 |  |  | 4.7 |  |  | 19.7 |  |  | 12.9 |
Specialty | 1.9 |  |  | (0.2 | ) |  | 7.6 |  |  | (7.3 | )
Consumer | 4.6 |  |  | 3.8 |  |  | 8.4 |  |  | 5.9 |
Corporate | (2.0 | ) |  | (0.9 | ) |  | (4.6 | ) |  | (5.1 | )
Total | $ | 37.4 |  |  | $ | 34.1 |  |  | $ | 126.3 |  |  | $ | (51.9 | )
Capital Expenditures: |  |  |  |  |  |  |
North American Furniture Solutions | $ | 8.0 |  |  | $ | 7.1 |  |  | $ | 23.7 |  |  | $ | 22.3 |
ELA Furniture Solutions | 7.3 |  |  | 3.0 |  |  | 13.6 |  |  | 5.6 |
Specialty | 0.6 |  |  | 1.9 |  |  | 2.8 |  |  | 4.1 |
Consumer | 0.6 |  |  | — |  |  | 3.1 |  |  | — |
Corporate | — |  |  | — |  |  | — |  |  | — |
Total | $ | 16.5 |  |  | $ | 12.0 |  |  | $ | 43.2 |  |  | $ | 32.0 |
(In millions) | February 28, 2015 |  | May 31, 2014
Total Assets: |  |  |
North American Furniture Solutions | $ | 512.9 |  |  | $ | 457.0 |
ELA Furniture Solutions | 236.2 |  |  | 244.8 |
Specialty | 154.1 |  |  | 157.7 |
Consumer | 221.4 |  |  | 18.8 |
Corporate | 68.2 |  |  | 112.6 |
Total | $ | 1,192.8 |  |  | $ | 990.9 |
Total Goodwill: |  |  |
North American Furniture Solutions | $ | 135.8 |  |  | $ | 135.8 |
ELA Furniture Solutions | 41.9 |  |  | 42.6 |
Specialty | 49.8 |  |  | 49.8 |
Consumer | 76.2 |  |  | — |
Corporate | — |  |  | — |
Total | $ | 303.7 |  |  | $ | 228.2 |

X
- Details
Name: | us-gaap_SegmentReportingDisclosureOfEntitysReportableSegmentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: 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=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: 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=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration