Schedule II Valuation and Qualifying Accounts

12 Months Ended

Jun. 01, 2024

Schedule II - Valuation and Qualifying Accounts

(In millions)


Column A	Column B		Column C				Column D		Column E
Description	Balance at beginning of period		Charges to expenses or net sales		Charges to other accounts (4)		Deductions (3)		Balance at end of period
Year ended June 1, 2024:
Accounts receivable allowances — uncollectible accounts(1)	$	6.1	$	1.1	$	—	$	(0.1)	$	7.1
Accounts receivable allowances — credit memo(2)	0.3		—		—		—		0.3

Valuation allowance for deferred tax asset	12.7		2.6		—		0.1		15.4
Year ended June 3, 2023:
Accounts receivable allowances — uncollectible accounts(1)	$	8.6	$	0.5	$	—	$	(3.0)	$	6.1
Accounts receivable allowances — credit memo(2)	1.1		(0.8)		—		—		0.3

Valuation allowance for deferred tax asset	11.7		1.3		—		(0.3)		12.7
Year ended May 28, 2022:
Accounts receivable allowances — uncollectible accounts(1)	$	4.8	$	1.3	$	4.7	$	(2.2)	$	8.6
Accounts receivable allowances — credit memo(2)	0.7		0.4		—		—		1.1
Allowance for possible losses on notes receivable	—		—		—		—		—
Valuation allowance for deferred tax asset	8.9		0.4		—		2.4		11.7

(1) Activity under the “Charges to expenses or net sales” column are recorded within Selling, general and administrative expenses.

(2) Activity under the “Charges to expenses or net sales” column are recorded within Net sales.

(3) Represents amounts written off, net of recoveries and other adjustments. Includes effects of foreign translation.

(4) Represents reserves recorded related to the Knoll entity.