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Operating Segments (Tables)

12 Months Ended

May 28, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following is a summary of certain key financial measures for the years indicated:

			Year Ended
(In millions)			May 28, 2022						May 29, 2021						May 30, 2020
Net sales:
Americas Contract			$	1,444.9					$	1,301.3					$	1,744.3
International Contract			483.2						399.5						345.9
Global Retail			856.8						764.3						396.4
Knoll			1,188.5						—						—
Intersegment Elimination			(27.4)						—						—
Total			$	3,946.0					$	2,465.1					$	2,486.6
Depreciation and amortization:
Americas Contract			$	57.5					$	56.4					$	49.6
International Contract			13.2						11.2						10.4
Global Retail			16.7						19.6						18.8
Knoll			103.2						—						—
Corporate			—						—						0.7
Total			$	190.6					$	87.2					$	79.5
Operating earnings (loss):
Americas Contract			$	44.5					$	93.6					$	162.6
International Contract			59.3						48.5						(0.4)
Global Retail			96.2						143.0						(160.7)
Knoll			(57.6)						—						—
Corporate			(102.6)						(52.6)						(39.4)
Total			$	39.8					$	232.5					$	(37.9)
Capital expenditures:
Americas Contract			$	43.3					$	45.5					$	55.2
International Contract			8.9						9.1						6.2
Global Retail			19.5						5.2						7.6
Knoll			23.0						—						—
Total			$	94.7					$	59.8					$	69.0
Goodwill:
Americas Contract			$	191.7					$	197.2					$	191.5
International Contract			82.5						91.3						84.5
Global Retail			68.4						75.7						70.0
Knoll			883.6						—						—
Total			$	1,226.2					$	364.2					$	346.0

Revenue from External Customers by Products and Services

The following is a summary of net sales estimated by product category for the years indicated:

			Year Ended
(In millions)			May 28, 2022						May 29, 2021						May 30, 2020
Net sales:
Workplace			$	1,484.4					$	855.1					$	1,135.8
Performance Seating			942.8						778.3						637.0
Lifestyle			1,314.0						696.2						546.6
Other (1)			232.2						135.5						167.2
Restructuring			(27.4)						—						—
Total			$	3,946.0					$	2,465.1					$	2,486.6
(1) “Other” primarily consists of uncategorized product sales and service sales.
In fiscal year 2022 certain products were reclassified primarily from the Performance Seating to the Lifestyle category, to align with a change in management’s internal reporting and management of the products. Prior year periods have been restated to reflect these changes, for comparability.

Schedule of Revenue & Long-Lived Assets by Customer Geographic Area

The following is a summary of geographic information for the 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.

			Year Ended
(In millions)			May 28, 2022						May 29, 2021						May 30, 2020
Net sales:
United States			$	2,818.4					$	1,728.9					$	1,795.8
International			1,127.6						736.2						690.8
Total			$	3,946.0					$	2,465.1					$	2,486.6
Long-lived assets:
United States			$	531.2					$	311.1					$	306.7
International			144.9						70.6						59.6
Total			$	676.1					$	381.7					$	366.3

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.

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