REVENUE

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

REVENUE

REVENUE

Disaggregation of Revenue

The Company’s revenue presented as “Sales” in the Condensed Consolidated Statements of Operations and Comprehensive Income is derived from contracts with customers for the sale of the Company’s products.

The Company’s sales by product category were as follows (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Office Segment
Office Systems	$	84.7	$	111.2	$	268.6	$	332.3
Seating	25.7		32.3		77.4		97.8
Files and Storage	18.4		26.0		64.3		78.9
Ancillary	52.2		36.6		147.1		92.5
Other	12.2		13.0		32.5		43.0
Total Office Segment	193.2		219.1		589.9		644.5
Lifestyle Segment
Studio	96.4		108.7		267.4		323.5
Coverings	19.8		28.7		66.2		88.6
Total Lifestyle Segment	116.2		137.4		333.6		412.1
Total Sales	$	309.4	$	356.5	$	923.5	$	1,056.6

Contract Balances

The Company’s contract assets consist of trade receivables, the balances of which are included in Customer receivables, net in the Condensed Consolidated Balance Sheets. These amounts represent the amount of consideration the Company expects to be entitled to in exchange for the goods delivered to its customers.

When the Company receives deposits, the recognition of revenue is generally deferred and results in the recognition of a contract liability (Customer deposits), which is included in Other current liabilities in the Condensed Consolidated Balance Sheets. Subsequent recognition of revenue and discharge of the contract liability typically occurs within a year of a deposit receipt, as the Company’s standard contract is less than one year. As of September 30, 2020 and December 31, 2019, the contract liability related to customer deposits was $35.1 million and $32.5 million, respectively. During the nine months ended September 30, 2020 and 2019, the Company recognized revenues that were included in the contract liability at the beginning of the respective year of $28.8 million and $29.0 million, respectively.

Allowance for Doubtful Accounts

The following table sets forth the changes in the Company’s allowance for doubtful accounts for the three and nine months ended September 30, 2020 (in millions):

Balance at December 31, 2019	$	4.0
Provision for doubtful accounts	0.6
Write-offs, net of recoveries and other	0.2
Balance at March 31, 2020	$	4.8
Provision for doubtful accounts	0.4
Write-offs, net of recoveries and other	0.1
Balance at June 30, 2020	$	5.3
Provision for doubtful accounts	$	0.2
Write-offs, net of recoveries and other	$	(0.3)
Balance at September 30, 2020	$	5.2