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Restructuring and Integration Expense (Tables) | 6 Months Ended
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Nov. 30, 2024
Restructuring and Related Activities [Abstract] |
Schedule of Restructuring Reserve by Type of Cost | The following table provides an analysis of the changes in liability balance for Knoll Integration costs that qualify as exit and disposal costs under U.S. GAAP (i.e., severance and employee benefit costs and exit and disposal activities) for the six months ended November 30, 2024:
(In millions) | Severance and Employee Benefit |  | Exit and Disposal Activities |  | Total
June 1, 2024 | $ | — |  |  | $ | 0.7 |  |  | $ | 0.7 |
Integration Costs | — |  |  | 25.8 |  |  | 25.8 |
Amounts Paid | — |  |  | (6.8) |  |  | (6.8) |
Non-cash costs | — |  |  | (19.0) |  |  | (19.0) |
November 30, 2024 | $ | — |  |  | $ | 0.7 |  |  | $ | 0.7 |
The following table provides an analysis of the changes in the restructuring cost reserve that qualify as exit and disposal costs under U.S. GAAP (i.e., severance and employee benefit costs and exit and disposal activities) for the 2024 restructuring plan for the six months ended November 30, 2024:
(In millions) | Severance and Employee-Related |  | Exit and Disposal Activities |  | Total |  |
June 1, 2024 | $ | 10.0 |  |  | $ | — |  |  | $ | 10.0 |  |  |
Restructuring Costs | — |  |  | — |  |  | — |  |  |
Amounts Paid | (6.1) |  |  | — |  |  | (6.1) |  |  |
November 30, 2024 | $ | 3.9 |  |  | $ | — |  |  | $ | 3.9 |  |  |
Schedule of Restructuring and Related Costs | The following is a summary of integration expenses by segment for the periods indicated:
| Three Months Ended |  | Six Months Ended
(In millions) | November 30, 2024 |  | December 2, 2023 |  | November 30, 2024 |  | December 2, 2023
Americas Contract | $ | — |  |  | $ | 6.4 |  |  | $ | 22.5 |  |  | $ | 9.5 |
International Contract & Specialty | — |  |  | 0.5 |  |  | 5.5 |  |  | 1.2 |
Global Retail | — |  |  | — |  |  | 0.3 |  |  | — |
Corporate | — |  |  | — |  |  | — |  |  | 0.1 |
Total | $ | — |  |  | $ | 6.9 |  |  | $ | 28.3 |  |  | $ | 10.8 |
The following is a summary of restructuring costs by segment for the periods indicated:
| Three Months Ended |  | Six Months Ended
(In millions) | November 30, 2024 |  | December 2, 2023 |  | November 30, 2024 |  | December 2, 2023
Americas Contract | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 4.3 |
International Contract & Specialty | — |  |  | 0.8 |  |  | — |  |  | 1.5 |
Global Retail | — |  |  | 1.0 |  |  | — |  |  | 1.2 |
Total | $ | — |  |  | $ | 1.8 |  |  | $ | — |  |  | $ | 7.0 |

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 5.P.3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4.b.2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482017/420-10-50-1 + Details
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