v3.26.1
Reportable Segment Information (Tables)
6 Months Ended
Jul. 04, 2026
Segment Reporting [Abstract]  
Schedule of Reportable Segment Data
Reportable segment data reconciled to the Corporation’s condensed consolidated financial statements was as follows:
Three Months EndedSix Months Ended
July 4,
2026
June 28,
2025
July 4,
2026
June 28,
2025
Net Sales:
Workplace furnishings$1,323.7 $516.0 $2,509.2 $957.0 
Residential building products148.7 151.1 310.8 309.8 
Total$1,472.4 $667.1 $2,819.9 $1,266.8 
Cost of Sales:
Workplace furnishings$753.0 $298.4 $1,514.1 $571.7 
Residential building products72.2 82.4 158.8 170.6 
Total$825.2 $380.9 $1,672.8 $742.3 
Selling and Administrative Expenses:
Workplace furnishings$456.1 $149.7 $898.4 $293.1 
Residential building products46.6 45.0 93.7 90.6 
General corporate30.4 20.7 55.8 39.3 
Total$533.0 $215.5 $1,047.9 $423.1 
Acquisition and Related Costs:
Workplace furnishings$1.9 $— $8.5 $— 
General corporate2.3 — (0.7)— 
Total$4.2 $— $7.8 $— 
Restructuring, Impairment, and Loss on Divestiture:
Workplace furnishings$11.1 $2.0 $29.1 $8.4 
Residential building products6.5 — 6.5 — 
General corporate0.3 0.6 0.3 0.6 
Total$17.9 $2.5 $35.9 $8.9 
Operating Income (Loss):
Workplace furnishings$101.7 $65.8 $59.1 $83.8 
Residential building products23.4 23.7 51.9 48.6 
General corporate(33.0)(21.3)(55.3)(39.9)
Total$92.1 $68.2 $55.7 $92.6 
Other Non-Operating Income, Net2.8 — 4.3 — 
Interest Expense, Net23.7 6.1 44.4 11.7 
Income Before Income Taxes$71.2 $62.0 $15.5 $80.9 
Depreciation and Amortization Expense:
Workplace furnishings$57.8 $16.3 $124.4 $33.4 
Residential building products3.9 3.7 7.7 7.3 
General corporate4.5 4.9 9.2 9.8 
Total$66.2 $25.0 $141.4 $50.5 
Capital Expenditures (including capitalized software):
Workplace furnishings$25.3 $9.9 $54.8 $20.8 
Residential building products2.5 2.3 5.8 5.5 
General corporate1.2 2.9 4.1 4.9 
Total$29.0 $15.0 $64.7 $31.2