Operating Segments

9 Months Ended

Feb. 29, 2020

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Operating Segments

Operating Segments

The Company's reportable segments consist of North America Contract, International Contract, and Retail.

The North America Contract segment includes the operations associated with the design, manufacture, and sale of furniture and textile products for work-related settings, including office, education, and healthcare environments, throughout the United States and Canada. The business associated with the Company's owned contract furniture dealers is also included in the North America Contract segment. In addition to the Herman Miller brand, this segment includes the operations associated with the design, manufacture and sale of high-craft furniture products and textiles including Geiger wood products, Maharam textiles, Nemschoff, naughtone, and Herman Miller Collection products.

The International Contract segment includes the operations associated with the design, manufacture, and sale of furniture products, primarily for work-related settings in EMEA, Latin America, and Asia-Pacific.

The Retail segment includes operations associated with the sale of modern design furnishings and accessories to third party retailers, as well as direct to consumer sales through eCommerce, direct mailing catalogs and DWR and HAY studios.

The Company also reports a “Corporate” category consisting primarily of unallocated expenses related to general corporate functions, including, but not limited to, certain legal, executive, corporate finance, information technology, administrative and acquisition-related costs. Management regularly reviews corporate costs and believes disclosing such information provides more visibility and transparency regarding how the chief operating decision maker reviews results of the Company. The accounting policies of the reportable operating segments are the same as those of the Company.

The following is a summary of certain key financial measures for the respective fiscal periods indicated:

	Three Months Ended						Nine Months Ended
(In millions)	February 29, 2020			March 2, 2019			February 29, 2020			March 2, 2019
Net Sales:
North America Contract	$	413.4		$	397.0		$	1,322.5		$	1,252.8
International Contract	156.1			126.0			388.1			359.9
Retail	96.2			96.0			300.2			283.5
Total	$	665.7		$	619.0		$	2,010.8		$	1,896.2
Operating Earnings (Loss):
North America Contract	$	51.2		$	40.2		$	176.4		$	139.5
International Contract	11.3			16.3			37.3			40.7
Retail	(1.6		)	2.3			(6.4		)	6.3
Corporate	(10.5		)	(11.0		)	(34.3		)	(39.6		)
Total	$	50.4		$	47.8		$	173.0		$	146.9

(In millions)	February 29, 2020		June 1, 2019
Total Assets:
North America Contract	$	832.4	$	733.6
International Contract	557.6		356.8
Retail	476.3		310.0
Corporate	119.5		168.9
Total	$	1,985.8	$	1,569.3