XML 252 R17.htm IDEA: XBRL DOCUMENT v3.22.2
Common Stock and Per Share Information
12 Months Ended
May 28, 2022
Earnings Per Share [Abstract]  
Common Stock and Per Share Information Common Stock and Per Share Information
The following table reconciles the numerators and denominators used in the calculations of basic and diluted EPS for each of the last three fiscal years:
(In millions, except shares)202220212020
Numerator:  
Numerator for both basic and diluted EPS, Net (loss) earnings attributable to MillerKnoll, Inc.$(27.1) $174.6  $(8.7)
 
Denominator:
Denominator for basic EPS, weighted-average common shares outstanding73,160,212  58,931,268  58,920,653 
Potentially dilutive shares resulting from stock plans—  458,330  — 
Denominator for diluted EPS73,160,212  59,389,598  58,920,653 
Equity awards of 1,245,988 shares, 207,365 shares and 360,462 shares of common stock were excluded from the denominator for the computation of diluted earnings per share for the fiscal years ended May 28, 2022, May 29, 2021 and May 30, 2020, respectively, because they were anti-dilutive.
Common Stock
The Company has a share repurchase plan authorized by the Board of Directors on January 16, 2019, which provides a share repurchase authorization of $250.0 million with no specified expiration date. The approximate dollar value of shares available for purchase under the plan at May 28, 2022 was $220.5 million. During fiscal year 2022, 2021, and 2020, shares repurchased under the repurchase plan totaled 390,010, 38,931, and 641,192 shares respectively.