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Restructuring and Integration Expense (Tables)

6 Months Ended

Dec. 03, 2022

Restructuring and Related Activities [Abstract]

Schedule of 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 December 3, 2022:

(In millions)			Severance and Employee Benefit			Exit and Disposal Activities			Total
May 29, 2022			$	1.4		$	—		$	1.4
Integration Costs			1.4			2.8			4.2
Amounts Paid			(2.1)			(2.8)			(4.9)
Non-cash costs			(0.2)			—			(0.2)
December 3, 2022			$	0.5		$	—		$	0.5

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

			Three Months Ended												Six Months Ended
(In millions)			December 3, 2022						November 27, 2021						December 3, 2022						November 27, 2021
Americas Contract			$	1.1					$	19.9					$	4.0					$	20.9
International Contract & Specialty			1.0						—						1.5						—
Retail			—						—						0.2						—
Corporate			2.0						20.3						3.0						74.9
Total			$	4.1					$	40.2					$	8.7					$	95.8

The following table provides an analysis of the changes in the restructuring cost reserve for the six months ended December 3, 2022:

(In millions)			Severance and Employee-Related
May 28, 2022			$	—
Restructuring Costs			15.2
Amounts Paid			(2.6)
December 3, 2022			$	12.6

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

			Three Months Ended												Six Months Ended
(In millions)			December 3, 2022						November 27, 2021						December 3, 2022						November 27, 2021
Americas Contract			$	13.2					$	—					$	13.2					$	—
International Contract & Specialty			0.7						—						0.7						—
Retail			0.8						—						1.3						—
Total			$	14.7					$	—					$	15.2					$	—

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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 https://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 https://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 https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747

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