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v3.24.2

Operating Segments (Tables) | 12 Months Ended
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Jun. 01, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | The following is a summary of certain key financial measures for the years indicated:
| Year Ended
(In millions) | June 1, 2024 |  | June 3, 2023 |  | May 28, 2022
Net sales: |  |  |  |  |
Americas Contract | $ | 1,824.2 |  |  | $ | 2,026.1 |  |  | $ | 1,929.1 |
International Contract & Specialty | 931.8 |  |  | 1,017.3 |  |  | 928.5 |
Global Retail | 872.4 |  |  | 1,043.7 |  |  | 1,088.4 |
Total | $ | 3,628.4 |  |  | $ | 4,087.1 |  |  | $ | 3,946.0 |
Depreciation and amortization: |  |  |  |  |
Americas Contract | $ | 94.9 |  |  | $ | 87.7 |  |  | $ | 104.5 |
International Contract & Specialty | 35.1 |  |  | 33.4 |  |  | 52.3 |
Global Retail | 25.1 |  |  | 34.0 |  |  | 33.8 |
Corporate | — |  |  | — |  |  | — |
Total | $ | 155.1 |  |  | $ | 155.1 |  |  | $ | 190.6 |
Operating earnings (loss): |  |  |  |  |
Americas Contract | $ | 98.7 |  |  | $ | 99.6 |  |  | $ | (24.0) |
International Contract & Specialty | 78.2 |  |  | 98.6 |  |  | 69.9 |
Global Retail | 42.4 |  |  | (15.5) |  |  | 134.5 |
Corporate | (52.1) |  |  | (60.4) |  |  | (140.6) |
Total | $ | 167.2 |  |  | $ | 122.3 |  |  | $ | 39.8 |
Capital expenditures: |  |  |  |  |
Americas Contract | $ | 47.6 |  |  | $ | 52.4 |  |  | $ | 52.5 |
International Contract & Specialty | 14.4 |  |  | 15.6 |  |  | 17.8 |
Global Retail | 16.4 |  |  | 15.3 |  |  | 24.4 |
Total | $ | 78.4 |  |  | $ | 83.3 |  |  | $ | 94.7 |
Goodwill: |  |  |  |  |
Americas Contract | $ | 530.1 |  |  | $ | 528.4 |  |  | $ | 530.1 |
International Contract & Specialty | 304.4 |  |  | 303.0 |  |  | 304.3 |
Global Retail | 391.8 |  |  | $ | 390.3 |  |  | 391.8 |
Total | $ | 1,226.3 |  |  | $ | 1,221.7 |  |  | $ | 1,226.2 |
Schedule of Revenue from External Customers by Products and Services | The following is a summary of net sales estimated by product category for the years indicated:
| Year Ended
(In millions) | June 1, 2024 |  | June 3, 2023 |  | May 28, 2022
Net sales: |  |  |  |  |
Workplace | $ | 1,336.2 |  |  | $ | 1,559.7 |  |  | $ | 1,484.3 |
Performance Seating | 835.0 |  |  | 889.5 |  |  | 931.1 |
Lifestyle | 1,240.4 |  |  | 1,395.5 |  |  | 1,282.5 |
Other (1) | 216.8 |  |  | 242.4 |  |  | 248.1 |
Total | $ | 3,628.4 |  |  | $ | 4,087.1 |  |  | $ | 3,946.0 |
(1) “Other” primarily consists of uncategorized product sales and service sales.

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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-40 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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