XML 46 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Sep. 01, 2018
Sep. 02, 2017
Income Statement [Abstract]    
Net sales $ 624.6 $ 580.3
Cost of sales 399.5 363.4
Gross margin 225.1 216.9
Operating expenses:    
Selling, general and administrative 159.5 146.8
Restructuring and impairment expenses 1.1 1.4
Design and research 18.5 19.2
Total operating expenses 179.1 167.4
Operating earnings 46.0 49.5
Other expenses:    
Interest expense 2.9 3.7
Other, net (1.0) (0.7)
Earnings before income taxes and equity income 44.1 46.5
Income tax expense 8.9 14.2
Equity income from nonconsolidated affiliates, net of tax 0.7 0.8
Net earnings 35.9 33.1
Net earnings attributable to noncontrolling interests 0.1 0.0
Net earnings attributable to Herman Miller, Inc. $ 35.8 $ 33.1
Earnings per share — basic $ 0.60 $ 0.55
Earnings per share — diluted 0.60 0.55
Dividends declared, per share $ 0.1975 $ 0.1800
Other comprehensive income (loss), net of tax    
Foreign currency translation adjustments $ (7.9) $ 4.4
Pension and other post-retirement plans 0.7 0.8
Interest rate swaps (0.5) (1.6)
Unrealized holding loss (0.1) 0.0
Other comprehensive (loss) income (7.8) 3.6
Comprehensive income 28.1 36.7
Comprehensive income attributable to noncontrolling interests 0.1 0.0
Comprehensive income attributable to Herman Miller, Inc. $ 28.0 $ 36.7