SEGMENT INFORMATION

6 Months Ended

Jun. 30, 2013

SEGMENT INFORMATION

SEGMENT INFORMATION

NOTE 11. SEGMENT INFORMATION

Accounting Standards Codification 280, “Segment Reporting,” defines that a segment for reporting purposes is based on the financial performance measures that are regularly reviewed by the “Chief Operating Decision Maker” to assess segment performance and to make decisions about a public entity’s allocation of resources. Based on this guidance, 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 Studio segment includes KnollStudio®, Knoll Europe which sells primarily KnollStudio products, and Richard Schultz® Design.  The KnollStudio portfolio includes a range of lounge seating; side, café and dining chairs; barstools; and conference, dining and occasional tables. Richard Schultz Design provides high-quality outdoor furniture. The Coverings segment includes, KnollTextiles®, Spinneybeck®, Edelman ®Leather and FilzfeltTM. 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 six months ended June 30, 2013 and 2012:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2013		2012		2013		2012
	(in thousands)
SALES
Office	$	148,070	$	153,892	$	285,550	$	292,188
Studio	37,231		39,194		75,669		72,368
Coverings	29,011		27,932		53,679		53,123
Total	$	214,312	$	221,018	$	414,898	$	417,679
INTERSEGMENT SALES
Office	$	214	$	422	$	856	$	1,170
Studio	1,498		1,236		3,020		2,418
Coverings	2,432		2,155		4,765		4,475
Total	$	4,144	$	3,813	$	8,641	$	8,063
OPERATING PROFIT (1)
Office	$	3,432	$	8,723	$	5,434	$	15,655
Studio	3,274		6,415		7,416		10,398
Coverings	5,702		5,665		9,852		10,201
Total	$	12,408	$	20,803	$	22,702	$	36,254

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