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Common Stock and Per Share Information
12 Months Ended
Jun. 01, 2024
Earnings Per Share [Abstract]  
Common Stock and Per Share Information Common Stock and Per Share Information
The following table reconciles the numerators and denominators used in the calculations of basic and diluted EPS for each of the last three fiscal years:
(In millions, except shares)202420232022
Numerator:  
Numerator for both basic and diluted EPS, Net (loss) earnings attributable to MillerKnoll, Inc.$82.3  $42.1  $(27.1)
Denominator:
Denominator for basic EPS, weighted-average common shares outstanding73,291,939  75,478,000  73,160,212 
Potentially dilutive shares resulting from stock plans662,817  546,368  — 
Denominator for diluted EPS73,954,756  76,024,368  73,160,212 
Equity awards of 2,198,708 shares, 2,119,223 shares and 1,245,988 shares of common stock were excluded from the denominator for the computation of diluted earnings per share for the fiscal years ended June 1, 2024, June 3, 2023 and May 28, 2022, respectively, because they were anti-dilutive.
Common Stock
On January 16, 2019, the Company announced a share repurchase plan authorized by the Board of Directors providing for a share repurchase authorization of $250.0 million with no specified expiration date. On July 16, 2024, the Company announced that the Board of Directors approved an increase to this repurchase plan to authorize an additional $200 million to fund share repurchases, in addition to the $66.3 million remaining as of June 1, 2024. During fiscal year 2024, 2023, and 2022, shares repurchased under the repurchase plan totaled 6,022,646, 575,207, and 390,010 shares respectively.