XML 56 R26.htm IDEA: XBRL DOCUMENT v3.5.0.2

Quarterly Financial Data (Unaudited)

12 Months Ended

May 28, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

Quarterly Financial Data (Unaudited)

Set forth below is a summary of the quarterly operating results on a consolidated basis for the years ended May 28, 2016, May 30, 2015, and May 31, 2014.

(In millions, except per share data)		First Quarter				Second Quarter				Third Quarter				Fourth Quarter
2016	Net sales	$	565.4			$	580.4			$	536.5			$	582.6
	Gross margin	216.8				224.4				207.8				225.2
	Net earnings attributable to Herman Miller, Inc. (1)	33.5				34.7				27.9				40.7
	Earnings per share-basic	0.56				0.58				0.46				0.68
	Earnings per share-diluted	0.56				0.57				0.46				0.67
2015	Net sales	$	509.7			$	565.4			$	516.4			$	550.7
	Gross Margin	185.6				205.7				190.5				209.6
	Net earnings attributable to Herman Miller, Inc. (1)	25.2				27.8				21.0				23.4
	Earnings per share-basic	0.43				0.47				0.35				0.39
	Earnings per share-diluted	0.42				0.46				0.35				0.39
2014	Net sales	$	468.1			$	470.5			$	455.9			$	487.5
	Gross margin (1)	170.0				118.9				162.9				179.1
	Net earnings (loss) attributable to Herman Miller, Inc.	22.5				(80.6		)		19.4				16.6
	Earnings (loss) per share-basic (1)	0.38				(1.37		)		0.33				0.28
	Earnings (loss) per share-diluted (1)	0.38				(1.37		)		0.33				0.28

(1) The sum of the quarters does not equal the annual balance reflected in the Consolidated Statements of Comprehensive Income due to rounding associated with the calculations on an individual quarter basis.

X

- References

No definition available.

+ Details

Name:	us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e765-108305

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)-(j)
-URI http://asc.fasb.org/extlink&oid=51825399&loc=d3e1280-108306

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=51655806&loc=d3e725-108305

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 6
-Section G
-Subsection 1

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-K (SK)
-Number 229
-Section 302
-Paragraph a

+ Details

Name:	us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration