XML 36 R10.htm IDEA: XBRL DOCUMENT v3.23.1
Revenue from Contracts with Customers
 9 Months Ended
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 EndedNine Months Ended
(In millions)March 4, 2023February 26, 2022March 4, 2023February 26, 2022
Net Sales:
Single performance obligation
Product revenue$919.7 $953.3 $2,924.0 $2,632.0 
Multiple performance obligations
Product revenue60.9 69.9 193.7 197.9 
Service revenue0.8 2.5 2.6 7.3 
Other3.3 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 EndedNine Months Ended
(In millions)March 4, 2023February 26, 2022March 4, 2023February 26, 2022
Americas Contract:
Workplace$313.5 $326.1 $994.3 $880.1 
Performance Seating102.8 112.8 336.7 320.0 
Lifestyle60.8 58.4 200.3 156.2 
Other7.5 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 Seating63.3 62.0 197.9 170.2 
Lifestyle92.4 91.2 299.0 244.2 
Other49.3 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 Seating59.8 67.4 161.9 195.7 
Lifestyle177.2 179.8 565.8 520.1 
Other0.3 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.