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Revenue from Contracts with Customers
6 Months Ended
Nov. 30, 2024
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 EndedSix Months Ended
(In millions)November 30, 2024December 2, 2023November 30, 2024December 2, 2023
Net Sales:
Single performance obligation
Product revenue$904.1 $871.3 $1,693.3 $1,716.8 
Multiple performance obligations
Product revenue63.6 74.9 132.5 143.6 
Service revenue1.3 1.0 2.2 2.0 
Other1.4 2.3 3.9 4.8 
Total$970.4 $949.5 $1,831.9 $1,867.2 
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 EndedSix Months Ended
(In millions)November 30, 2024December 2, 2023November 30, 2024December 2, 2023
Americas Contract:
Workplace$330.8 $311.3 $615.3 $635.5 
Performance Seating106.1 103.8 212.3 207.1 
Lifestyle63.6 56.0 121.0 116.6 
Other3.7 5.0 10.2 7.3 
Total Americas Contract$504.2 $476.1 $958.8 $966.5 
International Contract & Specialty:
Workplace$44.2 $36.5 $73.7 $75.2 
Performance Seating70.8 64.3 126.0 116.9 
Lifestyle85.3 88.9 167.9 177.3 
Other46.0 51.5 92.2 100.1 
Total International Contract & Specialty$246.3 $241.2 $459.8 $469.5 
Global Retail:
Workplace$2.1 $3.3 $4.7 $7.5 
Performance Seating53.2 55.6 97.0 97.7 
Lifestyle164.3 172.9 311.0 325.4 
Other0.3 0.4 0.6 0.6 
Total Global Retail$219.9 $232.2 $413.3 $431.2 
Total$970.4 $949.5 $1,831.9 $1,867.2 
Refer to Note 14 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 six months ended November 30, 2024, the Company recognized Net sales of $8.8 million and $81.6 million, respectively, related to customer deposits that were included in the balance sheet as of June 1, 2024. During the three and six months ended December 2, 2023, the Company recognized Net sales of $24.4 million and $71.9 million respectively, related to customer deposits that were included in the balance sheet as of June 3, 2023.