XML 60 R42.htm IDEA: XBRL DOCUMENT v3.22.1

Restructuring and Integration Expense (Tables)

9 Months Ended

Feb. 26, 2022

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 nine months ended February 26, 2022:

(In millions)			Severance and Employee Benefit			Exit and Disposal Activities			Total
May 29, 2021			$	—		$	—		$	—
Integration Costs			49.9			15.5			65.4
Amounts Paid			(28.7)			—			(28.7)
Non-cash costs			(14.3)			(15.5)			(29.8)
February 26, 2022			$	6.9		$	—		$	6.9

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

			Three Months Ended												Nine Months Ended
(In millions)			February 26, 2022						February 27, 2021						February 26, 2022						February 27, 2021
Americas Contract			$	0.5					$	—					$	4.9					$	—
International Contract			0.4						—						1.1						—
Retail			—						—						0.5						—
Knoll			2.6						—						59.0						—
Corporate			2.4						—						36.2						—
Total			$	5.9					$	—					$	101.7					$	—

The following table provides an analysis of the changes in the restructuring costs reserve for the above plans for the nine months ended February 26, 2022:

(In millions)			Severance and Employee-Related						Exit or Disposal Activities			Total
May 29, 2021			$	0.9					$	0.6		$	1.5
Restructuring Costs			—						—			—
Amounts Paid			(0.5)						—			(0.5)
February 26, 2022			$	0.4					$	0.6		$	1.0

The following table provides an analysis of the changes in the restructuring cost reserve for the May 2020 restructuring plan for the nine months ended February 26, 2022:

(In millions)			Severance and Employee-Related
May 29, 2021			$	1.0
Restructuring Costs			—
Amounts Paid			(0.7)
February 26, 2022			$	0.3

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

			Three Months Ended												Nine Months Ended
(In millions)			February 26, 2022						February 27, 2021						February 26, 2022						February 27, 2021
Americas Contract			$	—					$	0.2					$	—					$	2.6
International Contract			—						0.1						—						(1.1)
Global Retail			—						—						—						—
Knoll			—						—						—						—
Total			$	—					$	0.3					$	—					$	1.5

X

- References

No definition available.

+ Details

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

X

- 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

+ Details

Name:	us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration