SEGMENT AND GEOGRAPHIC REGION INFORMATION

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

SEGMENT AND GEOGRAPHIC REGION INFORMATION

The tables below present the Company’s segment information (in millions):

	2020		2019		2018
SALES
Office	$	775.7	$	873.8	$	797.1
Lifestyle	460.7		554.3		505.2
Corporate	—		—		—
Knoll, Inc.	$	1,236.4	$	1,428.1	$	1,302.3
INTERSEGMENT SALES (1)
Office	$	0.5	$	2.1	$	1.6
Lifestyle	9.0		9.9		10.8
Corporate	—		—		—
Knoll, Inc.	$	9.5	$	12.0	$	12.4
DEPRECIATION AND AMORTIZATION
Office	$	27.1	$	23.9	$	20.7
Lifestyle	15.9		14.1		12.9
Corporate	0.3		0.5		0.6
Knoll, Inc.	$	43.3	$	38.5	$	34.2
OPERATING PROFIT
Office (2)	$	8.4	$	64.2	$	49.5
Lifestyle (3)	56.9		90.2		90.0
Corporate (3)	(37.7)		(24.6)		(24.3)
Knoll, Inc.(4)	$	27.6	$	129.8	$	115.2
CAPITAL EXPENDITURES (5)
Office	$	28.6	$	36.1	$	32.7
Lifestyle	11.3		14.7		8.3
Corporate	1.1		1.1		0.9
Knoll, Inc.	$	41.0	$	51.9	$	41.9

(1)Intersegment sales are presented on a cost-plus basis which takes into consideration the effect of transfer prices between legal entities.

(2)Reflects pension settlement charges of $4.8 million, $21.0 million, and $5.7 million during 2020, 2019, and 2018, respectively; restructuring charges of $20.3 million, $0.8 million, and $2.6 million during 2020, 2019, and 2018, respectively; a $12.4 million loss on fair value remeasurement of contingent consideration and a $1.4 million intangible asset impairment charge during 2020.

(3)Lifestyle and Corporate results for 2020 reflect restructuring charges of $0.8 million and $7.4 million, respectively. Lifestyle results for 2019 reflect a $6.5 million intangible asset impairment charge. Lifestyle and Corporate results for 2018 reflect charges of $0.6 million and $1.3 million, respectively, related to the acquisition of Muuto.

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

(5)The amounts reported above do not account for the change in accrued capital costs during the years ended December 31, 2020, 2019 or 2018.

Many of the Company's facilities manufacture products for both reportable segments. Therefore, it is impractical to disclose asset information on a segment basis.

The Company markets its products in the United States and internationally, with its principal international markets being Canada and Europe. The table below contains information about the geographical areas in which the Company operates. Sales are attributed to the geographic areas based on the origin of sale, and property, plant, and equipment, net is based on the geographic area in which the asset resides (in millions):

	United States		Canada		Europe		Other		Consolidated
2020
Sales	$	1,013.6	$	31.6	$	190.8	$	0.4	$	1,236.4
Property, plant, and equipment, net	186.8		28.9		21.4		—		237.1
2019
Sales	$	1,183.6	$	37.2	$	206.9	$	0.4	$	1,428.1
Property, plant, and equipment, net	191.3		28.9		18.8		—		239.0
2018
Sales	$	1,066.8	$	37.3	$	197.4	$	0.8	$	1,302.3
Property, plant, and equipment, net	172.7		26.9		15.4		—		215.0