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Revenue from Contracts with Customers | 9 Months Ended
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Mar. 04, 2023
Revenue from Contract with Customer [Abstract] |
Revenue from Contracts with Customers | Revenue from Contracts with Customers Disaggregated Revenue Revenue disaggregated by contract type is provided in the table below:
| Three Months Ended |  | Nine Months Ended
(In millions) | March 4, 2023 |  | February 26, 2022 |  | March 4, 2023 |  | February 26, 2022
Net Sales: |  |  |  |  |  |  |
Single performance obligation |  |  |  |  |  |  |
Product revenue | $ | 919.7 |  |  | $ | 953.3 |  |  | $ | 2,924.0 |  |  | $ | 2,632.0 |
Multiple performance obligations |  |  |  |  |  |  |
Product revenue | 60.9 |  |  | 69.9 |  |  | 193.7 |  |  | 197.9 |
Service revenue | 0.8 |  |  | 2.5 |  |  | 2.6 |  |  | 7.3 |
Other | 3.3 |  |  | 3.8 |  |  | 10.1 |  |  | 8.3 |
Total | $ | 984.7 |  |  | $ | 1,029.5 |  |  | $ | 3,130.4 |  |  | $ | 2,845.5 |
The Company internally reports and evaluates products based on the categories Workplace, Performance Seating, Lifestyle and Other. A description of these categories is included below. The Workplace category includes products centered on creating highly functional and productive settings for both groups and individuals. This category focuses on the development of products, beyond seating, that define boundaries, support work and enable productivity. The Performance Seating category includes products centered on seating ergonomics, productivity and function across an evolving and diverse range of settings. This category focuses on the development of ergonomic seating solutions for specific use cases requiring more than basic utility. The Lifestyle category includes products focused on bringing spaces to life through beautiful yet functional products. This category focuses on the development of products that support a way of living, in thoughtful yet elevated ways. The products in this category help create emotive and visually appealing spaces via a portfolio that offers diversity in aesthetics, price and performance. The Other category primarily consists of textiles, uncategorized product sales, and service sales. Revenue disaggregated by product type and reportable segment is provided in the table below:
| Three Months Ended |  | Nine Months Ended
(In millions) | March 4, 2023 |  | February 26, 2022 |  | March 4, 2023 |  | February 26, 2022
Americas Contract: |  |  |  |  |  |  |
Workplace | $ | 313.5 |  |  | $ | 326.1 |  |  | $ | 994.3 |  |  | $ | 880.1 |
Performance Seating | 102.8 |  |  | 112.8 |  |  | 336.7 |  |  | 320.0 |
Lifestyle | 60.8 |  |  | 58.4 |  |  | 200.3 |  |  | 156.2 |
Other | 7.5 |  |  | 12.1 |  |  | 20.4 |  |  | 33.7 |
Total Americas Contract | $ | 484.6 |  |  | $ | 509.4 |  |  | $ | 1,551.7 |  |  | $ | 1,390.0 |
International Contract & Specialty: |  |  |  |  |  |  |
Workplace | $ | 37.5 |  |  | $ | 35.1 |  |  | $ | 131.4 |  |  | $ | 103.8 |
Performance Seating | 63.3 |  |  | 62.0 |  |  | 197.9 |  |  | 170.2 |
Lifestyle | 92.4 |  |  | 91.2 |  |  | 299.0 |  |  | 244.2 |
Other | 49.3 |  |  | 52.7 |  |  | 151.6 |  |  | 136.9 |
Total International Contract & Specialty | $ | 242.5 |  |  | $ | 241.0 |  |  | $ | 779.9 |  |  | $ | 655.1 |
Global Retail: |  |  |  |  |  |  |
Workplace | $ | 20.3 |  |  | $ | 31.3 |  |  | $ | 69.7 |  |  | $ | 83.1 |
Performance Seating | 59.8 |  |  | 67.4 |  |  | 161.9 |  |  | 195.7 |
Lifestyle | 177.2 |  |  | 179.8 |  |  | 565.8 |  |  | 520.1 |
Other | 0.3 |  |  | 0.6 |  |  | 1.4 |  |  | 1.5 |
Total Global Retail | $ | 257.6 |  |  | $ | 279.1 |  |  | $ | 798.8 |  |  | $ | 800.4 |
Total | $ | 984.7 |  |  | $ | 1,029.5 |  |  | $ | 3,130.4 |  |  | $ | 2,845.5 |
Refer to Note 15 of the Condensed Consolidated Financial Statements for further information related to our reportable segments. Contract Balances Customers may make payments before the satisfaction of the Company's performance obligation and recognition of revenue. These payments represent contract liabilities and are included within the caption “Customer deposits” in the Condensed Consolidated Balance Sheets. During the three and nine months ended March 4, 2023, the Company recognized Net sales of $9.9 million and $114.7 million respectively, related to customer deposits that were included in the balance sheet as of May 28, 2022.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI https://asc.fasb.org/topic&trid=49130388 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130556-203045 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 9 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130550-203045 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130558-203045 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 12 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130554-203045 + Details
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