XML 30 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 14,675us-gaap_CashAndCashEquivalentsAtCarryingValue $ 19,021us-gaap_CashAndCashEquivalentsAtCarryingValue
Customer receivables, net 121,721us-gaap_AccountsReceivableNetCurrent 114,551us-gaap_AccountsReceivableNetCurrent
Inventories, net 144,786us-gaap_InventoryNet 140,835us-gaap_InventoryNet
Deferred income taxes 14,838us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent 15,868us-gaap_DeferredTaxAssetsLiabilitiesNetCurrent
Prepaid and other current assets 22,033us-gaap_PrepaidExpenseAndOtherAssetsCurrent 21,544us-gaap_PrepaidExpenseAndOtherAssetsCurrent
Total current assets 318,053us-gaap_AssetsCurrent 311,819us-gaap_AssetsCurrent
Property, plant, and equipment, net 161,901us-gaap_PropertyPlantAndEquipmentNet 165,019us-gaap_PropertyPlantAndEquipmentNet
Goodwill 128,278us-gaap_Goodwill 128,918us-gaap_Goodwill
Intangible assets, net 252,944us-gaap_IntangibleAssetsNetExcludingGoodwill 253,739us-gaap_IntangibleAssetsNetExcludingGoodwill
Other non-trade receivables 3,121us-gaap_AccountsReceivableNetNoncurrent 3,278us-gaap_AccountsReceivableNetNoncurrent
Other noncurrent assets 5,596us-gaap_OtherAssetsNoncurrent 6,170us-gaap_OtherAssetsNoncurrent
Total Assets 869,893us-gaap_Assets 868,943us-gaap_Assets
Current liabilities:    
Current maturities of long-term debt 10,000us-gaap_LongTermDebtCurrent 10,000us-gaap_LongTermDebtCurrent
Accounts payable 82,401us-gaap_AccountsPayableCurrent 114,914us-gaap_AccountsPayableCurrent
Income taxes payable 11,432us-gaap_AccruedIncomeTaxesCurrent 12,895us-gaap_AccruedIncomeTaxesCurrent
Other current liabilities 88,484us-gaap_OtherLiabilitiesCurrent 93,965us-gaap_OtherLiabilitiesCurrent
Total current liabilities 192,317us-gaap_LiabilitiesCurrent 231,774us-gaap_LiabilitiesCurrent
Long-term debt 290,000us-gaap_LongTermDebtNoncurrent 248,000us-gaap_LongTermDebtNoncurrent
Deferred income taxes 66,974us-gaap_DeferredTaxLiabilitiesNoncurrent 64,203us-gaap_DeferredTaxLiabilitiesNoncurrent
Postretirement benefits other than pensions 8,800us-gaap_OtherPostretirementBenefitsPayableNoncurrent 8,765us-gaap_OtherPostretirementBenefitsPayableNoncurrent
Pension liability 72,083us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent 70,770us-gaap_DefinedBenefitPensionPlanLiabilitiesNoncurrent
Other noncurrent liabilities 26,866us-gaap_OtherLiabilitiesNoncurrent 32,213us-gaap_OtherLiabilitiesNoncurrent
Total liabilities 657,040us-gaap_Liabilities 655,725us-gaap_Liabilities
Commitments and contingent liabilities      
Equity:    
Common stock, $0.01 par value; 200,000,000 shares authorized; 64,534,491 shares issued and 48,856,431 shares outstanding (including 1,114,434 non-voting restricted shares and net of 15,678,060 treasury shares) at March 31, 2015 and 64,113,785 shares issued and 48,723,414 shares outstanding (including 1,235,904 non-voting restricted shares and net of 15,390,371 treasury shares) at December 31, 2014 489us-gaap_CommonStockValue 487us-gaap_CommonStockValue
Additional paid-in capital 40,940us-gaap_AdditionalPaidInCapitalCommonStock 41,143us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 215,524us-gaap_RetainedEarningsAccumulatedDeficit 204,063us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (44,299)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (32,682)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total Knoll, Inc. stockholders' equity 212,654us-gaap_StockholdersEquity 213,011us-gaap_StockholdersEquity
Noncontrolling interests 199us-gaap_MinorityInterest 207us-gaap_MinorityInterest
Total Equity 212,853us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 213,218us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total Liabilities and Equity $ 869,893us-gaap_LiabilitiesAndStockholdersEquity $ 868,943us-gaap_LiabilitiesAndStockholdersEquity