0001171843-23-004054.txt : 20230621 0001171843-23-004054.hdr.sgml : 20230621 20230621160520 ACCESSION NUMBER: 0001171843-23-004054 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20230621 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20230621 DATE AS OF CHANGE: 20230621 FILER: COMPANY DATA: COMPANY CONFORMED NAME: STEELCASE INC CENTRAL INDEX KEY: 0001050825 STANDARD INDUSTRIAL CLASSIFICATION: OFFICE FURNITURE (NO WOOD) [2522] IRS NUMBER: 380819050 STATE OF INCORPORATION: MI FISCAL YEAR END: 0223 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13873 FILM NUMBER: 231029824 BUSINESS ADDRESS: STREET 1: 901 44TH STREET SE CITY: GRAND RAPIDS STATE: MI ZIP: 49508 BUSINESS PHONE: 6162472710 MAIL ADDRESS: STREET 1: 901 44TH STREET SE CITY: GRAND RAPIDS STATE: MI ZIP: 49508 8-K 1 f8k_062123.htm FORM 8-K
0001050825 false 0001050825 2023-06-21 2023-06-21 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_____________________

 

FORM 8-K

______________________

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): June 21, 2023

_____________________

 

 

STEELCASE INC.

(Exact name of registrant as specified in its charter)

 

Michigan 1-13873 38-0819050
(State or other jurisdiction of incorporation) (Commission File Number) (IRS employer identification number)
     

 

901 44th Street SE

Grand Rapids, Michigan

  
49508
(Address or principal executive offices)   (Zip code)

 

(616) 247-2710

(Registrant's telephone number, including area code)

 

None

(Former name, former address and former fiscal year, if changed since last report)

_______

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CRF 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to section 12(b) of the Act:

 

Title of each class Trading symbol(s) Name of each exchange on which registered
Class A Common Stock SCS New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Item 2.02. Results of Operations and Financial Condition.

 

Steelcase Inc. (the "Company") reported its first quarter fiscal year 2024 results today and is furnishing the earnings release as Exhibit 99.1 attached hereto. Members of the public are invited to listen to the Company's webcast conference call on June 22, 2023, at 8:30 a.m. Eastern time through the link at ir.steelcase.com. A replay of the webcast will also be accessible through the Company's website.

 

The information furnished pursuant to this Item 2.02 and Item 7.01 to this Current Report on Form 8-K (including the exhibit hereto) shall not be considered “filed” under the Securities Exchange Act of 1934, as amended, nor shall it be incorporated by reference into future filings by the Company under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, unless the Company expressly sets forth in such future filing that such information is to be considered “filed” or incorporated by reference therein.

 

Item 7.01. Regulation FD Disclosure.

 

The Company has updated its investor presentation and will make it available on the Company's website at ir.steelcase.com. The Company uses this presentation from time to time when Company executives interact with investors and analysts to discuss the Company's business strategies and long-term goals.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) EXHIBITS.

 

Exhibit

Number

 Description
99.1 Earnings Release - First Quarter Ended May 26, 2023
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

STEELCASE INC.

 

 

 

  By:  /s/ Nicole C. McGrath
   

Nicole C. McGrath

Vice President, Corporate Controller &

Chief Accounting Officer

 

Date: June 21, 2023

 

 

 

 

 

 

 

 

 EX-99.1 2 exh_991.htm EXHIBIT 99.1 EdgarFiling

EXHIBIT 99.1

Steelcase Reports First Quarter Fiscal 2024 Results

  • Year-over-year revenue and earnings growth realized in very dynamic environment
  • Gross margin improvement of 530 basis points compared to the prior year driven by pricing benefits and operational efficiencies
  • Outlook projects first half of fiscal 2024 being ahead of pace against full year financial targets

GRAND RAPIDS, Mich., June 21, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported first quarter revenue of $751.9 million, net income of $1.5 million, or $0.01 per share, and adjusted earnings per share of $0.09. In the prior year, Steelcase reported revenue of $740.7 million, a net loss of $11.4 million, or $0.10 per share, and an adjusted loss per share of $0.05.

Revenue and order growth (decline) compared to the prior year were as follows:

 Q1 2024 vs. Q1 2023 
 Revenue
Growth (Decline)		 Organic Revenue
Growth (Decline)		 Organic Order
Decline		 
       
Americas5% 2% (6)%
International(9)% (7)% (11)%
Steelcase Inc.2% —% (7)%
         

Revenue increased 2 percent in the first quarter compared to the prior year, and was flat on an organic basis, including 2 percent organic growth in the Americas and a 7 percent organic decline in International. The Americas growth was primarily driven by higher pricing but also benefited from faster order fulfillment patterns, partially offset by a lower beginning backlog. The decline in International was primarily driven by lower beginning backlog and continued macroeconomic concerns.

Orders (adjusted for the impact of an acquisition, divestitures and currency translation effects) declined 7 percent compared to the prior year, which had grown 22 percent compared to the first quarter of fiscal 2022. Orders declined 6 percent in the Americas and 11 percent in International. The order decline in the Americas was primarily due to a decline in project business, partially offset by growth in continuing business. The order decline in International was across most markets in EMEA and China, partially offset by growth across all other markets in Asia Pacific. On a consolidated basis, orders grew 21 percent sequentially versus the fourth quarter of fiscal 2023, which is consistent with the seasonal increase in the prior year.

"In the Americas, faster order fulfillment patterns, higher than expected incoming orders early in the quarter and favorable pricing benefits drove our revenue and earnings above our expectations," said Sara Armbruster, president and CEO. "Our revenue from large corporate and government customers was better than we expected, despite the environment remaining challenging. Our win rate remains strong as our differentiated solutions are helping our customers evolve their spaces."

Operating income (loss) and adjusted operating income (loss) were as follows:

 Operating income (loss) Adjusted operating income (loss)
 (Unaudited) (Unaudited)
 Three months ended Three months ended
 May 26,
2023		 May 27,
2022		 May 26,
2023		 May 27,
2022
Americas$19.8  $(10.7) $24.2  $(3.9)
International (12.5)  (1.9)  (4.5)  (0.7)
Steelcase Inc.$7.3  $(12.6) $19.7  $(4.6)
                

Operating income of $7.3 million in the first quarter represented an increase of $19.9 million and 270 basis points as a percentage of revenue compared to the prior year. Adjusted operating income of $19.7 million in the first quarter (which excludes $8.1 million of restructuring costs and $4.3 million of amortization of purchased intangible assets) represented an increase of $24.3 million compared to the prior year. The increase in adjusted operating income was driven by a $28.1 million improvement in the Americas, partially offset by a $3.8 million decline in International. The increase in the Americas was primarily driven by higher revenue and improved gross margin, partially offset by higher operating expenses. The decrease in International was primarily driven by lower revenue and higher operating expenses, partially offset by improved gross margin.

"Our International segment reported an adjusted operating loss of $4.5 million in the first quarter, which is expected to worsen in the second quarter due to seasonality and the impact of continued economic uncertainty on our demand levels," said Dave Sylvester, senior vice president and CFO. "As a result of the softening trends, we announced a series of restructuring actions during the quarter in our International segment."

Gross margin of 31.2 percent in the first quarter represented an increase of 530 basis points compared to the prior year and reflected a 650 basis point improvement in the Americas and a 180 basis point improvement in International. Year-over-year pricing benefits, net of inflation, were approximately $80 million. In addition to the pricing benefits, the Americas gross margin improvement was driven by improved operational efficiencies, partially offset by lower volume, and International gross margin was impacted by lower volume.

"Similar to recent quarters, our gross margin improvement this quarter reflected the benefits from the pricing actions we've implemented to recover the significant inflationary costs we've absorbed over the past two years," said Dave Sylvester. “In addition, our supply chain reliability in the Americas has improved significantly, which contributed to our improved operational performance and faster order fulfillment patterns during the quarter.”

Operating expenses of $220.6 million in the first quarter represented an increase of $19.7 million compared to the prior year, which included a $4 million gain on sale of land. The remaining increase was driven by $9.0 million of higher variable compensation expense and $6.2 million from an acquisition.

The company recorded income tax expense of $1.4 million in the first quarter, which represented an effective tax rate of approximately 48 percent and included $0.6 million of discrete tax expense. Adjusted for the discrete items, the company's effective tax rate approximated 26 percent.

Total liquidity, comprised of cash and cash equivalents and the cash surrender value of company-owned life insurance, aggregated to $199.9 million at the end of the first quarter. Total debt of $446.5 million represented a $34.7 million decrease compared to the end of the fourth quarter, as the company repaid a maturing note payable during the quarter. Adjusted EBITDA for the trailing four quarters was $234.7 million.

The Board of Directors has declared a quarterly cash dividend of $0.10 per share, to be paid on or before July 17, 2023, to shareholders of record as of July 6, 2023.

Outlook

At the end of the first quarter, the company’s backlog of customer orders was approximately $775 million, which was 20 percent lower than the prior year. Backlog in the prior year was 52 percent higher than at the end of the first quarter of fiscal 2022 in part due to the impacts of supply chain disruptions and extended delivery timeframes. Orders through the first three weeks of the second quarter of fiscal 2024 grew modestly compared to the prior year. As a result, the company expects second quarter fiscal 2024 revenue to be in the range of $815 to $840 million. The company reported revenue of $863.3 million in the second quarter of fiscal 2023. The projected revenue range translates to a decline of 3 to 6 percent, including on an organic basis, compared to the prior year.

The company expects to report earnings per share of between $0.13 to $0.17 for the second quarter of fiscal 2024 and adjusted earnings per share of between $0.19 to $0.23. The company reported earnings per share of $0.17 and adjusted earnings per share of $0.21 in the second quarter of fiscal 2023.

The second quarter estimates include:

  • gross margin of approximately 31.5 percent (compared to 29.1 percent in the prior year), with projected pricing benefits, net of moderate inflation, of approximately $65 million as compared to the prior year,
  • projected operating expenses of between $225 to $230 million, which includes $4 million of amortization of purchased intangible assets and $8 million of expected gains from the sale of fixed assets,
  • estimated restructuring charges of approximately $4 million,
  • projected interest expense, investment income and other income, net, of approximately $4 million and
  • a projected effective tax rate of 26 percent.

“Through the first half of the year, we expect to be ahead of pace on achieving our fiscal 2024 financial targets in part due to better than expected results from our large corporate customers,” said Sara Armbruster. "While we continue to navigate through an uncertain environment around the world, we are focused on continuing to improve our profitability and being the leader in the transformation of the workplace."

       
Business Segment Results      
(in millions)      
       
 (Unaudited)   
 Three Months Ended   
 May 26,
2023		 May 27,
2022		 % Change 
       
Revenue      
Americas (1)$572.8 $543.8 5% 
International (2) 179.1  196.9 (9)% 
Steelcase Inc.$751.9 $740.7 2% 


Revenue mix      
Americas76.2% 73.4%   
International23.8% 26.6%   


Operating income (loss)      
Americas$19.8  $(10.7)   
International (12.5)  (1.9)   
Steelcase Inc.$7.3  $(12.6)   
       
Operating margin 1.0% (1.7)%   
          

Business Segment Footnotes

  1. The Americas segment serves customers in the U.S., Canada, the Caribbean Islands and Latin America with a comprehensive portfolio of furniture and architectural products that are marketed to corporate, government, healthcare, education and retail customers primarily through the Steelcase, AMQ, Coalesse, Designtex, HALCON, Orangebox, Smith System and Viccarbe brands.
  2. The International segment serves customers in EMEA and Asia Pacific with a comprehensive portfolio of furniture and architectural products that are marketed to corporate, government, education and retail customers primarily through the Steelcase, Coalesse, Orangebox, Smith System and Viccarbe brands.
 
QUARTER OVER QUARTER ORGANIC REVENUE GROWTH (DECLINE) BY SEGMENT
Q1 2024 vs. Q1 2023     
(Unaudited)     
 Steelcase Inc. Americas International
      
Q1 2023 revenue$740.7  $543.8  $196.9 
Acquisition 19.7   19.7   — 
Divestitures (4.7)  (2.4)  (2.3)
Currency translation effects (4.6)  (1.8)  (2.8)
Q1 2023 revenue, adjusted 751.1   559.3   191.8 
Q1 2024 revenue 751.9   572.8   179.1 
Organic growth (decline) $$0.8  $13.5  $(12.7)
Organic growth (decline) % —%  2% (7)%


ADJUSTED EARNINGS (LOSS) PER SHARE
(Unaudited)(Unaudited) 
 Three Months Ended 
 May 26,
2023		 May 27,
2022		 
Earnings (loss) per share$0.01  $(0.10) 
Amortization of purchased intangible assets, per share 0.04   0.03  
Income tax effect of amortization of purchased intangible assets, per share (0.01)  (0.01) 
Restructuring costs, per share 0.07   0.04  
Income tax effect of restructuring costs, per share (0.02)  (0.01) 
Adjusted earnings (loss) per share$0.09  $(0.05) 


ADJUSTED EBITDA
(Unaudited)
 Three Months Ended Trailing Four
Quarters Ended
 August 26,
2022		 November 25,
2022		 February 24,
2023		 May 26,
2023		 May 26,
2023
Net Income$19.6 $11.4 $15.7 $1.5 $48.2
Income tax expense 6.8  5.2  8.7  1.4  22.1
Interest expense 7.2  7.6  7.2  6.6  28.6
Depreciation and amortization 23.5  23.5  22.8  20.4  90.2
Share-based compensation 3.1  2.1  3.6  13.7  22.5
Restructuring costs 0.5  10.6  3.9  8.1  23.1
Adjusted EBITDA$60.7 $60.4 $61.9 $51.7 $234.7


PROJECTED ORGANIC REVENUE DECLINE
Q2 2024 vs. Q2 2023    
 Steelcase Inc.  
    
Q2 2023 revenue$863.3   
Acquisition 2.1   
Divestitures (5.6)  
Currency translation effects 3.1   
Q1 2023 revenue, adjusted$862.9   
Q1 2024 revenue, projected$815 - 840   
Organic decline $$(48) - (23)  
Organic decline % (6)% - (3)%   


PROJECTED ADJUSTED EARNINGS PER SHARE
 Three Months Ended
 August 25,
2023		 August 26,
2022
Earnings per share$0.13 - 0.17  $0.17 
Amortization of purchased intangible assets, per share 0.04   0.05 
Income tax effect of amortization of purchased intangible assets, per share (0.01)  (0.01)
Restructuring costs, per share 0.04   — 
Income tax effect of restructuring costs, per share (0.01)  — 
Adjusted earnings per share$0.19 - 0.23  $0.21 


Steelcase Inc.       
 (Unaudited)
 Three Months Ended
 May 26,
2023		 May 27,
2022
Revenue$751.9  100.0% $740.7  100.0%
Cost of sales 515.9  68.6   548.2  74.0 
Restructuring costs 1.4  0.2   0.9  0.1 
Gross profit 234.6  31.2   191.6  25.9 
Operating expenses 220.6  29.3   200.9  27.1 
Restructuring costs 6.7  0.9   3.3  0.5 
Operating income (loss) 7.3  1.0   (12.6) (1.7)
Interest expense (6.6) (0.9)  (6.4) (0.9)
Investment income 0.5  0.1   0.1  — 
Other income, net 1.7  0.2   3.1  0.5 
Income (loss) before income tax expense (benefit) 2.9  0.4   (15.8) (2.1)
Income tax expense (benefit) 1.4  0.2   (4.4) (0.6)
Net income (loss)$1.5  0.2% $(11.4) (1.5)%
        
Operating income (loss)$7.3  1.0% $(12.6) (1.7)%
Amortization of purchased intangible assets 4.3  0.5   3.8  0.5 
Restructuring costs 8.1  1.1   4.2  0.6 
Adjusted operating income (loss)$19.7  2.6% $(4.6) (0.6)%


Americas       
 (Unaudited)
 Three Months Ended
 May 26,
2023		 May 27,
2022
Revenue$572.8 100.0% $543.8  100.0%
Cost of sales 388.6 67.8   403.8  74.2 
Restructuring costs 0.6 0.1   0.9  0.2 
Gross profit 183.6 32.1   139.1  25.6 
Operating expenses 163.1 28.5   146.5  27.0 
Restructuring costs 0.7 0.1   3.3  0.6 
Operating income (loss) 19.8 3.5   (10.7) (2.0)
Amortization of purchased intangible assets 3.1 0.5   2.6  0.5 
Restructuring costs 1.3 0.2   4.2  0.8 
Adjusted operating income (loss)$24.2 4.2% $(3.9) (0.7)%


International       
 (Unaudited)
 Three Months Ended
 May 26,
2023		 May 27,
2022
Revenue$179.1  100.0% $196.9  100.0%
Cost of sales 127.3  71.1   144.4  73.3 
Restructuring costs 0.8  0.4   —  — 
Gross profit 51.0  28.5   52.5  26.7 
Operating expenses 57.5  32.1   54.4  27.7 
Restructuring costs 6.0  3.4   —  — 
Operating loss (12.5) (7.0)  (1.9) (1.0)
Amortization of purchased intangible assets 1.2  0.7   1.2  0.6 
Restructuring costs 6.8  3.8   —  — 
Adjusted operating loss$(4.5) (2.5)% $(0.7) (0.4)%
            

Webcast
Steelcase will discuss first quarter results and business outlook on a conference call at 8:30 a.m. Eastern time tomorrow.

Non-GAAP Financial Measures
This earnings release contains certain non-GAAP financial measures. A “non-GAAP financial measure” is defined as a numerical measure of a company’s financial performance that excludes or includes amounts so as to be different than the most directly comparable measure calculated and presented in accordance with GAAP in the condensed consolidated statements of operations, balance sheets or statements of cash flows of the company. The non-GAAP financial measures used are (1) organic revenue growth (decline), (2) adjusted operating income (loss), (3) adjusted earnings (loss) per share and (4) adjusted EBITDA. Pursuant to the requirements of Regulation G, the company has provided a reconciliation of each of the non-GAAP financial measures to the most directly comparable GAAP financial measure in the tables above. These measures are supplemental to, and should be used in conjunction with, the most comparable GAAP measures. Management uses these non-GAAP financial measures to monitor and evaluate financial results and trends.

Organic Revenue Growth (Decline)
The company defines organic revenue growth (decline) as revenue growth (decline) excluding the impact of acquisitions and divestitures and foreign currency translation effects. Organic revenue growth (decline) is calculated by adjusting prior year revenue to include revenues of acquired companies prior to the date of the company’s acquisition, to exclude revenues of divested companies and to use current year average exchange rates in the calculation of foreign-denominated revenue. The company believes organic revenue growth (decline) is a meaningful metric to investors as it provides a more consistent comparison of the company’s revenue to prior periods as well as to industry peers.

Adjusted Operating Income (Loss) and Adjusted Earnings (Loss) Per Share
The company defines adjusted operating income (loss) as operating income (loss) excluding amortization of purchased intangible assets and restructuring costs. The company defines adjusted earnings (loss) per share as earnings (loss) per share, on a diluted basis, excluding amortization of purchased intangible assets and restructuring costs, net of related income tax effects.

Amortization of purchased intangible assets: The company may record intangible assets (such as backlog, dealer relationships, trademarks, know-how and designs and proprietary technology) when it acquires companies. The company allocates the fair value of purchase consideration to net tangible and intangible assets acquired based on their estimated fair values. The fair value estimates for these intangible assets require management to make significant estimates and assumptions, which include the useful lives of intangible assets. The company believes that adjusting for amortization of purchased intangible assets provides a more consistent comparison of its operating performance to prior periods as well as to industry peers. As the company’s business strategy in recent years has included an increased number of acquisitions, intangible asset amortization has become more significant.

Restructuring costs: Restructuring costs may be recorded as the company’s business strategies change or in response to changing market trends and economic conditions. The company believes that adjusting for restructuring costs, which are primarily associated with business exit and workforce reduction costs, provides a more consistent comparison of its operating performance to prior periods as well as to industry peers.

Adjusted EBITDA
The company defines adjusted EBITDA as earnings before interest, taxes, depreciation and amortization (“EBITDA”) adjusted to exclude share-based compensation and restructuring costs. The company believes adjusted EBITDA provides investors with useful information regarding the operating profitability of the company as well as a useful comparison to other companies. EBITDA is a measurement commonly used in capital markets to value companies and is used by the company’s lenders and rating agencies to evaluate its performance. The company adjusts EBITDA for share-based compensation as it represents a significant non-cash item which impacts its earnings. The company also adjusts EBITDA for restructuring costs to provide a more consistent comparison of its earnings to prior periods as well as to industry peers.

Forward-looking Statements
From time to time, in written and oral statements, the company discusses its expectations regarding future events and its plans and objectives for future operations. These forward-looking statements discuss goals, intentions and expectations as to future trends, plans, events, results of operations or financial condition, or state other information relating to the company, based on current beliefs of management as well as assumptions made by, and information currently available to, the company. Forward-looking statements generally are accompanied by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “possible,” “potential,” “predict,” “project,” “target” or other similar words, phrases or expressions. Although the company believes these forward-looking statements are reasonable, they are based upon a number of assumptions concerning future conditions, any or all of which may ultimately prove to be inaccurate. Forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements and vary from the company’s expectations because of factors such as, but not limited to, competitive and general economic conditions domestically and internationally; acts of terrorism, war, governmental action, natural disasters, pandemics and other Force Majeure events; cyberattacks; changes in the legal and regulatory environment; changes in raw material, commodity and other input costs; currency fluctuations; changes in customer demand; and the other risks and contingencies detailed in the company’s most recent Annual Report on Form 10-K and its other filings with the Securities and Exchange Commission. Steelcase undertakes no obligation to update, amend, or clarify forward-looking statements, whether as a result of new information, future events, or otherwise.

About Steelcase Inc.

Established in 1912, Steelcase is a global design and thought leader in the world of work. We help people do their best work by creating places that work better. Along with more than 35 creative and technology partner brands, we research, design and manufacture furnishings and solutions for the many places where work happens — including learning, health and work from home. Our solutions come to life through our community of expert Steelcase dealers in approximately 770 locations, as well as our online Steelcase store and other retail partners. Founded in Grand Rapids, Michigan, Steelcase is a publicly traded company with fiscal year 2023 revenue of $3.2 billion. With 12,000 global employees and our dealer community, we come together for people and the planet — using our business to help the world work better.

STEELCASE INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
(in millions, except per share data)
    
 Three Months Ended
 May 26,
2023		 May 27,
2022
Revenue$751.9  $740.7 
Cost of sales 515.9   548.2 
Restructuring costs 1.4   0.9 
Gross profit 234.6   191.6 
Operating expenses 220.6   200.9 
Restructuring costs 6.7   3.3 
Operating income (loss) 7.3   (12.6)
Interest expense (6.6)  (6.4)
Investment income 0.5   0.1 
Other income, net 1.7   3.1 
Income (loss) before income tax expense (benefit) 2.9   (15.8)
Income tax expense (benefit) 1.4   (4.4)
Net income (loss)$1.5  $(11.4)
    
Earnings (loss) per share:   
Basic$0.01  $(0.10)
Diluted$0.01  $(0.10)
Weighted average shares outstanding - basic 117.9   116.7 
Weighted average shares outstanding - diluted 118.4   116.7 
    
Dividends declared and paid per common share$0.100  $0.145 


STEELCASE INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(in millions)
 (Unaudited)  
 May 26,
2023		 February 24,
2023
ASSETS
Current assets:   
Cash and cash equivalents$40.2  $90.4 
Accounts receivable, net of allowance of $6.8 and $6.5 363.3   373.3 
Inventories 307.3   319.7 
Prepaid expenses 34.5   28.9 
Assets held for sale 29.0   29.0 
Other current assets 41.6   42.7 
Total current assets 815.9   884.0 
    
Property, plant and equipment, net of accumulated depreciation of $1,100.7 and $1,088.6 373.1   376.5 
Company-owned life insurance (“COLI”) 159.7   157.3 
Deferred income taxes 117.6   117.3 
Goodwill 277.0   276.8 
Other intangible assets, net of accumulated amortization of $102.0 and $97.6 107.5   111.2 
Investments in unconsolidated affiliates 51.4   51.1 
Right-of-use operating lease assets 193.5   198.3 
Other assets 29.8   30.3 
Total assets$2,125.5  $2,202.8 
    
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:   
Accounts payable$215.3  $203.5 
Short-term borrowings and current portion of long-term debt 0.8   35.7 
Current operating lease obligations 46.0   44.7 
Accrued expenses:   
Employee compensation 79.3   120.0 
Employee benefit plan obligations 20.5   31.2 
Accrued promotions 25.8   26.7 
Customer deposits 51.1   50.8 
Other 94.8   90.7 
Total current liabilities 533.6   603.3 
    
Long-term liabilities:   
Long-term debt less current maturities 445.7   445.5 
Employee benefit plan obligations 95.4   103.0 
Long-term operating lease obligations 163.5   169.9 
Other long-term liabilities 58.2   54.9 
Total long-term liabilities 762.8   773.3 
Total liabilities 1,296.4   1,376.6 
    
Shareholders’ equity:   
Additional paid-in capital 30.1   19.4 
Accumulated other comprehensive income (loss) (69.7)  (72.5)
Retained earnings 868.7   879.3 
Total shareholders’ equity 829.1   826.2 
Total liabilities and shareholders’ equity$2,125.5  $2,202.8 


STEELCASE INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW (Unaudited)
(in millions)
    
 Three Months Ended
 May 26,
2023		 May 27,
2022
OPERATING ACTIVITIES   
Net income (loss)$1.5  $(11.4)
Depreciation and amortization 20.4   20.2 
Share-based compensation 14.0   12.2 
Restructuring costs 8.1   4.2 
Other (1.3)  (4.2)
Changes in operating assets and liabilities:   
Accounts receivable 11.3   (14.5)
Inventories 12.1   (50.6)
Income taxes receivable (2.4)  25.3 
Other assets (0.8)  (13.2)
Accounts payable 11.3   16.7 
Employee compensation liabilities (49.1)  (18.5)
Employee benefit obligations (19.3)  (17.2)
Accrued expenses and other liabilities 5.5   (4.1)
Net cash provided by (used in) operating activities 11.3   (55.1)
    
INVESTING ACTIVITIES   
Capital expenditures (11.7)  (13.6)
Other 0.5   6.3 
Net cash used in investing activities (11.2)  (7.3)
    
FINANCING ACTIVITIES   
Dividends paid (12.1)  (17.1)
Borrowings on global committed bank facility 67.2   — 
Repayments on global committed bank facility (67.2)  — 
Repayments on note payable (32.2)  — 
Other (6.0)  (3.6)
Net cash used in financing activities (50.3)  (20.7)
Effect of exchange rate changes on cash and cash equivalents (0.4)  (1.3)
Net decrease in cash, cash equivalents and restricted cash (50.6)  (84.4)
Cash and cash equivalents and restricted cash, beginning of period (1) 97.2   207.0 
Cash and cash equivalents and restricted cash, end of period (2)$46.6  $122.6 
        

(1)   These amounts include restricted cash of $6.8 and $6.1 as of February 24, 2023 and February 25, 2022, respectively.

(2)   These amounts include restricted cash of $6.4 and $5.9 as of May 26, 2023 and May 27, 2022, respectively.

Restricted cash primarily represents funds held in escrow for potential future workers’ compensation and product liability claims. Restricted cash is included as part of Other assets on the Condensed Consolidated Balance Sheets.

CONTACT:Investor Contact:
 Mike O’Meara
 Investor Relations
 (616) 246 - 4251
  
 Media Contact:
 Katie Woodruff
 Corporate Communications
 (616) 915 - 8505
  
Source: Steelcase
SC-ERR

EX-101.SCH 3 scs-20230621.xsd XBRL SCHEMA FILE 00000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 4 scs-20230621_lab.xml XBRL LABEL FILE Cover [Abstract] Document Type Amendment Flag Amendment Description Document Registration Statement Document Annual Report Document Quarterly Report Document Transition Report Document Shell Company Report Document Shell Company Event Date Document Period Start Date Document Period End Date Document Fiscal Period Focus Document Fiscal Year Focus Current Fiscal Year End Date Entity File Number Entity Registrant Name Entity Central Index Key Entity Primary SIC Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code Country Region City Area Code Local Phone Number Extension Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name Title of 12(g) Security Security Reporting Obligation Annual Information Form Audited Annual Financial Statements Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company Elected Not To Use the Extended Transition Period Document Accounting Standard Other Reporting Standard Item Number Entity Shell Company Entity Public Float Entity Bankruptcy Proceedings, Reporting Current Entity Common Stock, Shares Outstanding Documents Incorporated by Reference [Text Block] EX-101.PRE 5 scs-20230621_pre.xml XBRL PRESENTATION FILE XML 6 R1.htm IDEA: XBRL DOCUMENT v3.23.2
Cover
Jun. 21, 2023
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Jun. 21, 2023
Entity File Number 1-13873
Entity Registrant Name STEELCASE INC.
Entity Central Index Key 0001050825
Entity Tax Identification Number 38-0819050
Entity Incorporation, State or Country Code MI
Entity Address, Address Line One 901 44th Street SE
Entity Address, City or Town Grand Rapids
Entity Address, State or Province MI
Entity Address, Postal Zip Code 49508
City Area Code (616)
Local Phone Number 247-2710
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Class A Common Stock
Trading Symbol SCS
Security Exchange Name NYSE
Entity Emerging Growth Company false

XML 7 f8k_062123_htm.xml IDEA: XBRL DOCUMENT 0001050825 2023-06-21 2023-06-21 iso4217:USD shares iso4217:USD shares 0001050825 false 8-K 2023-06-21 STEELCASE INC. MI 1-13873 38-0819050 901 44th Street SE Grand Rapids MI 49508 (616) 247-2710 false false false false Class A Common Stock SCS NYSE false EXCEL 8 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 9 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 10 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 11 FilingSummary.xml IDEA: XBRL DOCUMENT 3.23.2 html 1 22 1 false 0 0 false 3 false false R1.htm 00000001 - Document - Cover Sheet http://globenewswire.com/role/Cover Cover Cover 1 false false All Reports Book All Reports f8k_062123.htm exh_991.htm scs-20230621.xsd scs-20230621_lab.xml scs-20230621_pre.xml http://xbrl.sec.gov/dei/2023 true false JSON 13 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "f8k_062123.htm": { "axisCustom": 0, "axisStandard": 0, "baseTaxonomies": { "http://xbrl.sec.gov/dei/2023": 22 }, "contextCount": 1, "dts": { "inline": { "local": [ "f8k_062123.htm" ] }, "labelLink": { "local": [ "scs-20230621_lab.xml" ] }, "presentationLink": { "local": [ "scs-20230621_pre.xml" ] }, "schema": { "local": [ "scs-20230621.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-roles-2023.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-types-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-roles-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-types-2023.xsd", "https://xbrl.sec.gov/country/2023/country-2023.xsd", "https://xbrl.sec.gov/dei/2023/dei-2023.xsd" ] } }, "elementCount": 59, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2023": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 22, "memberCustom": 0, "memberStandard": 0, "nsprefix": "scs", "nsuri": "http://globenewswire.com/20230621", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "b", "p", "body", "html" ], "baseRef": "f8k_062123.htm", "contextRef": "From2023-06-21to2023-06-21", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "00000001 - Document - Cover", "menuCat": "Cover", "order": "1", "role": "http://globenewswire.com/role/Cover", "shortName": "Cover", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "b", "p", "body", "html" ], "baseRef": "f8k_062123.htm", "contextRef": "From2023-06-21to2023-06-21", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentDescription": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Description of changes contained within amended document.", "label": "Amendment Description" } } }, "localname": "AmendmentDescription", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "stringItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AnnualInformationForm": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.", "label": "Annual Information Form" } } }, "localname": "AnnualInformationForm", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AuditedAnnualFinancialStatements": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.", "label": "Audited Annual Financial Statements" } } }, "localname": "AuditedAnnualFinancialStatements", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CountryRegion": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Region code of country", "label": "Country Region" } } }, "localname": "CountryRegion", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2023", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentAccountingStandard": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.", "label": "Document Accounting Standard" } } }, "localname": "DocumentAccountingStandard", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "accountingStandardItemType" }, "dei_DocumentAnnualReport": { "auth_ref": [ "r11", "r13", "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an annual report.", "label": "Document Annual Report" } } }, "localname": "DocumentAnnualReport", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentPeriodStartDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.", "label": "Document Period Start Date" } } }, "localname": "DocumentPeriodStartDate", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r12" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentRegistrationStatement": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a registration statement.", "label": "Document Registration Statement" } } }, "localname": "DocumentRegistrationStatement", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentShellCompanyEventDate": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "Date of event requiring a shell company report.", "label": "Document Shell Company Event Date" } } }, "localname": "DocumentShellCompanyEventDate", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentShellCompanyReport": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.", "label": "Document Shell Company Report" } } }, "localname": "DocumentShellCompanyReport", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r15" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "submissionTypeItemType" }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Documents incorporated by reference.", "label": "Documents Incorporated by Reference [Text Block]" } } }, "localname": "DocumentsIncorporatedByReferenceTextBlock", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "textBlockItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine3": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 3 such as an Office Park", "label": "Entity Address, Address Line Three" } } }, "localname": "EntityAddressAddressLine3", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityBankruptcyProceedingsReportingCurrent": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.", "label": "Entity Bankruptcy Proceedings, Reporting Current" } } }, "localname": "EntityBankruptcyProceedingsReportingCurrent", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityExTransitionPeriod": { "auth_ref": [ "r19" ], "lang": { "en-us": { "role": { "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.", "label": "Elected Not To Use the Extended Transition Period" } } }, "localname": "EntityExTransitionPeriod", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r16" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityPrimarySicNumber": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.", "label": "Entity Primary SIC Number" } } }, "localname": "EntityPrimarySicNumber", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "sicNumberItemType" }, "dei_EntityPublicFloat": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.", "label": "Entity Public Float" } } }, "localname": "EntityPublicFloat", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "monetaryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "employerIdItemType" }, "dei_EntityVoluntaryFilers": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.", "label": "Entity Voluntary Filers" } } }, "localname": "EntityVoluntaryFilers", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityWellKnownSeasonedIssuer": { "auth_ref": [ "r17" ], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.", "label": "Entity Well-known Seasoned Issuer" } } }, "localname": "EntityWellKnownSeasonedIssuer", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_Extension": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Extension number for local phone number.", "label": "Extension" } } }, "localname": "Extension", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_NoTradingSymbolFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a security having no trading symbol.", "label": "No Trading Symbol Flag" } } }, "localname": "NoTradingSymbolFlag", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "trueItemType" }, "dei_OtherReportingStandardItemNumber": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.", "label": "Other Reporting Standard Item Number" } } }, "localname": "OtherReportingStandardItemNumber", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "otherReportingStandardItemNumberItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r7" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r8" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_Security12gTitle": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(g) registered security.", "label": "Title of 12(g) Security" } } }, "localname": "Security12gTitle", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SecurityReportingObligation": { "auth_ref": [ "r9" ], "lang": { "en-us": { "role": { "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.", "label": "Security Reporting Obligation" } } }, "localname": "SecurityReportingObligation", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "securityReportingObligationItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r10" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r18" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://globenewswire.com/role/Cover" ], "xbrltype": "booleanItemType" } }, "unitCount": 3 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r10": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r11": { "Name": "Form 10-K", "Number": "249", "Publisher": "SEC", "Section": "310", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r12": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "308", "Subsection": "a", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r13": { "Name": "Form 20-F", "Number": "249", "Publisher": "SEC", "Section": "220", "Subsection": "f", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r14": { "Name": "Form 40-F", "Number": "249", "Publisher": "SEC", "Section": "240", "Subsection": "f", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r15": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r16": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r17": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "405", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r18": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r19": { "Name": "Securities Act", "Number": "7A", "Publisher": "SEC", "Section": "B", "Subsection": "2", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-23", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r5": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "g", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r6": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12, 13, 15d", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r7": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r8": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r9": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "15", "Subsection": "d", "role": "http://www.xbrl.org/2003/role/presentationRef" } }, "version": "2.2" } ZIP 14 0001171843-23-004054-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001171843-23-004054-xbrl.zip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end