SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

SEGMENT INFORMATION

SEGMENT INFORMATION

The Company reports its segment results based on the following reportable segments: (i) Office; (ii) Studio; and (iii) Coverings. The Office segment serves corporate, government, healthcare, retail and other customers in the United States and Canada providing a portfolio of office furnishing solutions including systems, seating, storage, and KnollExtra^® ergonomic accessories, and other products. The Office segment also includes international sales of our North American office products. The Studio segment includes KnollStudio^®, Knoll Europe which sells primarily KnollStudio products, Richard Schultz® Design and HOLLY HUNT^®.  The KnollStudio portfolio includes a range of lounge seating; side, cafe and dining chairs; barstools; and conference, dining and occasional tables. HOLLY HUNT^® produces and showcases custom made product including indoor and outdoor furniture, lighting, rugs, textiles and leathers. The Coverings segment includes, KnollTextiles®, Spinneybeck® and EdelmanLeather®. These businesses serve a wide range of customers offering high-quality textiles, felt, and leather.

The following information below categorizes certain financial information into the above-noted segments for the three and nine months ended September 30, 2015 and 2014:

	Three months ended				Nine months ended
	September 30,				September 30,
	2015		2014		2015		2014
	(in thousands)
NET SALES
Office	$	160,781	$	166,788	$	489,381	$	471,971
Studio	74,965		72,236		223,022		204,687
Coverings	27,842		29,273		86,305		87,183
Total	$	263,588	$	268,297	$	798,708	$	763,841
INTERSEGMENT SALES (1)
Office	$	343	$	837	$	1,244	$	1,821
Studio	1,525		1,575		4,611		4,409
Coverings	1,627		2,438		4,869		7,851
Total	$	3,495	$	4,850	$	10,724	$	14,081
OPERATING PROFIT (2)
Office (3)	$	11,112	$	8,351	$	27,457	$	15,223
Studio (4)	11,340		9,003		32,371		24,052
Coverings	6,252		5,961		19,430		17,562
Total	$	28,704	$	23,315	$	79,258	$	56,837

(1) Intersegment sales represent sales between Knoll, Inc. segments; these intersegment sales are eliminated in consolidation.

(2) The Company does not allocate interest expense or other (income) expense, net to the reportable segments.

(3) Office operating profit includes $0.8 million of restructuring charges incurred during the nine months ended September 30, 2014.

(4) Studio operating profit includes $0.4 million of restructuring charges for both the three and nine months ended September 30, 2015.