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Restructuring and Integration Expense (Tables)

6 Months Ended

Nov. 27, 2021

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

The following table provides an analysis of the changes in liability balance for Knoll Integration costs that qualify as exit and disposal costs under U.S. GAAP (i.e., severance and employee benefit costs and exit and disposal activities) for the six months ended November 27, 2021:

(In millions)			Severance and Employee Benefit			Exit and Disposal Activities			Total
May 29, 2021			$	—		$	—		$	—
Integration Costs			46.4			15.5			61.9
Amounts Paid			(26.6)			—			(26.6)
Non-cash costs			(14.2)			(15.5)			(29.7)
November 27, 2021			$	5.6		$	—		$	5.6

The following is a summary of integration expenses by segment for the periods indicated:

			Three Months Ended												Six Months Ended
(In millions)			November 27, 2021						November 28, 2020						November 27, 2021						November 28, 2020
Americas Contract			$	3.4					$	—					$	4.4					$	—
International Contract			0.6						—						0.6						—
Retail			0.5						—						0.5						—
Knoll			11.6						—						56.5						—
Corporate			8.5						—						33.8						—
Total			$	24.6					$	—					$	95.8					$	—

The following table provides an analysis of the changes in the restructuring costs reserve for the above plans for the six months ended November 27, 2021:

(In millions)			Severance and Employee-Related						Exit or Disposal Activities			Total
May 29, 2021			$	0.9					$	0.6		$	1.5
Restructuring Costs			—						—			—
Amounts Paid			(0.3)						—			(0.3)
November 27, 2021			$	0.6					$	0.6		$	1.2

The following table provides an analysis of the changes in the restructuring cost reserve for the May 2020 restructuring plan for the six months ended November 27, 2021:

(In millions)			Severance and Employee-Related
May 29, 2021			$	1.0
Restructuring Costs			—
Amounts Paid			(0.6)
November 27, 2021			$	0.4

The following is a summary of restructuring expenses by segment for the periods indicated:

			Three Months Ended												Six Months Ended
(In millions)			November 27, 2021						November 28, 2020						November 27, 2021						November 28, 2020
Americas Contract			$	—					$	0.8					$	—					$	2.4
International Contract			—						1.6						—						(1.2)
Retail			—						—						—						—
Knoll			—						—						—						—
Total			$	—					$	2.4					$	—					$	1.2

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- References

No definition available.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 5.P.3)
-URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB TOPIC 5.P.4)
-URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

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