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Reportable Segments
 9 Months Ended
Nov. 22, 2019
Reportable Segments [Abstract]  
Reportable Segments
REPORTABLE SEGMENTS
Our reportable segments consist of the Americas segment, the EMEA segment and the Other category. Unallocated corporate costs are reported as Corporate.
The Americas segment serves customers in the U.S., Canada, the Caribbean Islands and Latin America with a portfolio of integrated architecture, furniture and technology products marketed to corporate, government, healthcare, education and retail customers through the Steelcase, Coalesse, Turnstone, Smith System, AMQ and Orangebox brands.
The EMEA segment serves customers in Europe, the Middle East and Africa primarily under the Steelcase, Orangebox and Coalesse brands, with an emphasis on freestanding furniture systems, storage and seating solutions.
The Other category includes Asia Pacific, Designtex and PolyVision. Asia Pacific serves customers in Asia and Australia primarily under the Steelcase brand with an emphasis on freestanding furniture systems, seating and storage solutions. Designtex primarily sells textiles, wall coverings and surface imaging solutions specified by architects and designers directly to end-use customers through a direct sales force primarily in North America. PolyVision manufactures ceramic steel surfaces for use in various applications globally, including static whiteboards and chalkboards sold through third party fabricators and distributors to the primary and secondary education markets and architectural panels and other special applications sold through general contractors for commercial and infrastructure projects.
We primarily review and evaluate operating income by segment in both our internal review processes and for our external financial reporting. We also allocate resources primarily based on operating income. Total assets by segment include manufacturing and other assets associated with each segment.
Corporate costs include unallocated portions of shared service functions, such as information technology, corporate facilities, finance, human resources, research, legal and customer aviation, plus deferred compensation expense and income or losses associated with COLI. Corporate assets consist primarily of unallocated cash and cash equivalents, COLI and right-of-use assets related to operating leases.
Revenue and operating income (loss) for the three and nine months ended November 22, 2019 and November 23, 2018 and total assets as of November 22, 2019 and February 22, 2019 by segment are presented below:
 
Three Months Ended
Nine Months Ended
Reportable Segment Statement of Operations Data
November 22,
2019
November 23,
2018
November 22,
2019
November 23,
2018
Revenue
 

 
 

 
 
 
 
 
Americas
$
690.9

 
$
638.6

 
$
2,006.7

 
$
1,828.5

 
EMEA
168.4

 
170.9

 
483.9

 
441.5

 
Other
95.9

 
91.5

 
286.9

 
260.8

 
 
$
955.2

 
$
901.0

 
$
2,777.5

 
$
2,530.8

 
Operating income (loss)
 

 
 

 
 
 
 
 
Americas
$
74.7

 
$
52.0

 
$
197.4

 
$
158.9

 
EMEA
6.3

 
(0.7
)
 
1.6

 
(8.4
)
 
Other
3.3

 
4.2

 
14.5

 
10.6

 
Corporate
(9.2
)
 
(10.1
)
 
(25.5
)
 
(24.5
)
 
 
$
75.1

 
$
45.4

 
$
188.0

 
$
136.6

 

Reportable Segment Balance Sheet Data
November 22,
2019
February 22,
2019
Total assets
 

 
 

 
Americas
$
1,097.9

 
$
1,044.4

 
EMEA
474.0

 
420.1

 
Other
294.4

 
220.4

 
Corporate
657.5

 
457.5

 
 
$
2,523.8

 
$
2,142.4