SEGMENT INFORMATION

9 Months Ended

Sep. 30, 2013

Segment Reporting [Abstract]

SEGMENT INFORMATION

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, cafe and dining chairs; barstools; and conference, dining and occasional tables. Richard Schultz Design provides high-quality outdoor furniture. The Coverings segment includes, KnollTextiles®, Spinneybeck®, EdelmanLeather® and Filzfelt™. 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, 2013 and 2012:

	Three months ended				Nine months ended
	September 30,				September 30,
	2013		2012		2013		2012
	(in thousands)
NET SALES
Office	$	150,545	$	160,032	$	436,095	$	452,220
Studio	37,701		33,035		113,370		105,403
Coverings	28,652		26,727		82,331		79,850
Total	$	216,898	$	219,794	$	631,796	$	637,473
INTERSEGMENT SALES
Office	$	458	$	277	$	1,314	$	1,447
Studio	1,803		1,359		4,823		3,777
Coverings	2,578		1,949		7,343		6,425
Total	$	4,839	$	3,585	$	13,480	$	11,649
OPERATING PROFIT (1)
Office	$	5,677	$	12,974	$	11,111	$	28,629
Studio	5,291		5,200		12,707		15,598
Coverings	6,083		5,348		15,935		15,549
Total	$	17,051	$	23,522	$	39,753	$	59,776

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