2014 Form 10-K Financial Statement

#000006638214000035 Filed on July 29, 2014

View on sec.gov

Income Statement

Concept 2014 2013 Q2 2013
Revenue $1.882B $460.0M $1.775B
YoY Change 6.03% 9.34% 2.95%
Cost Of Revenue $1.251B $297.3M $1.170B
YoY Change 6.95% 9.87% 3.19%
Gross Profit $631.0M $162.6M $605.2M
YoY Change 4.26% 8.33% 2.47%
Gross Profit Margin 33.53% 35.35% 34.1%
Selling, General & Admin $564.3M $126.9M $429.2M
YoY Change 31.48% 8.69%
% of Gross Profit 89.43% 78.04% 70.92%
Research & Development $53.90M $48.30M
YoY Change 11.59% 17.8%
% of Gross Profit 8.54% 7.98%
Depreciation & Amortization $42.40M $9.400M $37.50M
YoY Change 13.07% 1.08% 0.81%
% of Gross Profit 6.72% 5.78% 6.2%
Operating Expenses $656.7M $126.9M $490.3M
YoY Change 33.94% 10.44% 8.23%
Operating Profit -$25.70M $35.70M $114.9M
YoY Change -122.37% 1.42% -16.5%
Interest Expense $17.60M -$3.900M $17.20M
YoY Change 2.33% -7.14% -1.71%
% of Operating Profit -10.92% 14.97%
Other Income/Expense, Net -$17.70M -$800.0K -$17.70M
YoY Change 0.0% -900.0% -2.21%
Pretax Income -$45.10M $31.00M $89.90M
YoY Change -150.17% 20.62% -16.45%
Income Tax -$21.20M $7.500M $28.90M
% Of Pretax Income 24.19% 32.15%
Net Earnings -$22.10M $23.40M $68.20M
YoY Change -132.4% 96.64% -9.31%
Net Earnings / Revenue -1.17% 5.09% 3.84%
Basic Earnings Per Share -$0.37 $0.40 $1.17
Diluted Earnings Per Share -$0.37 $0.40 $1.16
COMMON SHARES
Basic Shares Outstanding 58.96M shares 58.62M shares 58.43M shares
Diluted Shares Outstanding 58.96M shares 58.84M shares

Balance Sheet

Concept 2014 2013 Q2 2013
SHORT-TERM ASSETS
Cash & Short-Term Investments $112.6M $93.50M $93.50M
YoY Change 20.43% -48.57% -48.57%
Cash & Equivalents $101.5M $82.70M $82.70M
Short-Term Investments $11.10M $10.80M $10.80M
Other Short-Term Assets $56.50M $51.20M $51.20M
YoY Change 10.35% -6.06% -6.06%
Inventory $78.40M $76.20M $76.20M
Prepaid Expenses $51.20M
Receivables $204.3M $178.4M $178.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $451.8M $399.3M $399.3M
YoY Change 13.15% -12.3% -12.3%
LONG-TERM ASSETS
Property, Plant & Equipment $195.2M $184.1M $184.1M
YoY Change 6.03% 18.01% 18.01%
Goodwill $227.0M
YoY Change 55.05%
Intangibles
YoY Change
Long-Term Investments $4.200M
YoY Change
Other Assets $30.60M $25.80M $25.80M
YoY Change 18.6% 134.55% 134.55%
Total Long-Term Assets $539.1M $547.2M $547.2M
YoY Change -1.48% 42.57% 42.57%
TOTAL ASSETS
Total Short-Term Assets $451.8M $399.3M $399.3M
Total Long-Term Assets $539.1M $547.2M $547.2M
Total Assets $990.9M $946.5M $946.5M
YoY Change 4.69% 12.8% 12.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $136.9M $130.1M $130.1M
YoY Change 5.23% 12.35% 12.35%
Accrued Expenses $169.2M $69.20M $159.9M
YoY Change 5.82% -49.82% 36.9%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $50.00M $0.00
YoY Change
Total Short-Term Liabilities $356.1M $290.0M $290.0M
YoY Change 22.79% 14.31% 14.31%
LONG-TERM LIABILITIES
Long-Term Debt $200.0M $250.0M $250.0M
YoY Change -20.0% 0.0% 0.0%
Other Long-Term Liabilities $62.70M $47.40M $87.00M
YoY Change -27.93% -3.66% -0.11%
Total Long-Term Liabilities $262.7M $297.4M $337.0M
YoY Change -22.05% -11.78% -0.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $356.1M $290.0M $290.0M
Total Long-Term Liabilities $262.7M $297.4M $337.0M
Total Liabilities $618.8M $627.0M $627.0M
YoY Change -1.31% 6.13% 6.13%
SHAREHOLDERS EQUITY
Retained Earnings $331.1M
YoY Change 14.89%
Common Stock $11.70M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $372.1M $319.5M $319.5M
YoY Change
Total Liabilities & Shareholders Equity $990.9M $946.5M $946.5M
YoY Change 4.69% 12.8% 12.8%

Cashflow Statement

Concept 2014 2013 Q2 2013
OPERATING ACTIVITIES
Net Income -$22.10M $23.40M $68.20M
YoY Change -132.4% 96.64% -9.31%
Depreciation, Depletion And Amortization $42.40M $9.400M $37.50M
YoY Change 13.07% 1.08% 0.81%
Cash From Operating Activities $90.10M $59.20M $136.5M
YoY Change -33.99% 668.83% 51.5%
INVESTING ACTIVITIES
Capital Expenditures $40.80M $10.80M $50.20M
YoY Change -18.73% 14.89% 76.14%
Acquisitions $6.700M $157.5M
YoY Change -95.75% 234.39%
Other Investing Activities $1.700M -$158.0M $2.000M
YoY Change -15.0% 269.16% 25.0%
Cash From Investing Activities -$48.20M -$168.8M -$209.7M
YoY Change -77.01% 223.37% 259.08%
FINANCING ACTIVITIES
Cash Dividend Paid $30.30M $19.10M
YoY Change 58.64% 267.31%
Common Stock Issuance & Retirement, Net -$8.100M -$3.600M
YoY Change 125.0% -2.7%
Debt Paid & Issued, Net $0.00 $0.00
YoY Change
Cash From Financing Activities -$22.40M -6.200M -$16.00M
YoY Change 40.0% 520.0% 900.0%
NET CHANGE
Cash From Operating Activities $90.10M 59.20M $136.5M
Cash From Investing Activities -$48.20M -168.8M -$209.7M
Cash From Financing Activities -$22.40M -6.200M -$16.00M
Net Change In Cash $19.50M -115.8M -$89.20M
YoY Change -121.86% 154.51% -396.35%
FREE CASH FLOW
Cash From Operating Activities $90.10M $59.20M $136.5M
Capital Expenditures $40.80M $10.80M $50.20M
Free Cash Flow $49.30M $48.40M $86.30M
YoY Change -42.87% -2947.06% 40.1%

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DeferredTaxAssetsValuationAllowance
8500000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
35200000 USD
CY2013Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
39900000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2400000 USD
CY2013Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2900000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Other Finite Lived Assets
DeferredTaxLiabilitiesOtherFiniteLivedAssets
18100000 USD
CY2013Q2 us-gaap Deferred Tax Liabilities Other Finite Lived Assets
DeferredTaxLiabilitiesOtherFiniteLivedAssets
20500000 USD
CY2013Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
16500000 USD
CY2014Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
14700000 USD
CY2014 us-gaap Defined Benefit Plan Assets Transferred To From Plan
DefinedBenefitPlanAssetsTransferredToFromPlan
900000 USD
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
200000 USD
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
0 USD
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
200000 USD
CY2012Q2 us-gaap Restructuring And Related Cost Number Of Positions Eliminated
RestructuringAndRelatedCostNumberOfPositionsEliminated
70 employee
CY2014 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
0 USD
CY2014 us-gaap Defined Benefit Plan Future Amortization Of Gain Loss
DefinedBenefitPlanFutureAmortizationOfGainLoss
1900000 USD
CY2014 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.072
CY2013 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.074
CY2014 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.045
CY2013 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.045
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
17000000 USD
CY2014 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
20300000 USD
CY2012 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6800000 USD
CY2012Q3 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1.000
CY2014 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
CY2012Q3 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.03
CY2014 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.06
CY2012 us-gaap Depreciation
Depreciation
34400000 USD
CY2013 us-gaap Depreciation
Depreciation
34400000 USD
CY2014 us-gaap Depreciation
Depreciation
37800000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
42400000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
37500000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
37200000 USD
CY2014Q2 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
15200000 GBP
CY2014Q2 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
26700000 USD
CY2014 us-gaap Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">Foreign Currency Forward Contracts Not Designated as Hedges </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">The company transacts business in various foreign currencies and has established a program that primarily utilizes foreign currency forward contracts to offset the risks associated with the effects of certain foreign currency exposures. Under this program, the company's strategy is to have increases or decreases in our foreign currency exposures offset by gains or losses on the foreign currency forward contracts to mitigate the risks and volatility associated with foreign currency transaction gains or losses. These foreign currency exposures typically arise from net liability or asset exposures in non-functional currencies on the balance sheets of our foreign subsidiaries. These foreign currency forward contracts generally settle within 30&#160;days and are not used for trading purposes. These forward contracts are not designated as hedging instruments. Accordingly, we record the fair value of these contracts as of the end of the reporting period in the Consolidated Balance Sheets with changes in fair value recorded within the Consolidated Statements of Comprehensive Income. The balance sheet classification for the fair values of these forward contracts is to "Other" current assets for unrealized gains and to "Other accrued liabilities" for unrealized losses. The Consolidated Statements of Comprehensive Income classification for the fair values of these forward contracts is to "Other expenses (income): Other, net", for both realized and unrealized gains and losses. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;"><br clear="none"/></font></div></div>
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
31600000 USD
CY2012 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5200000 USD
CY2013 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
25300000 USD
CY2012 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.29
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.37
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.38
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2011Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.37
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.16
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.29
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.37
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.37
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2011Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-100000 USD
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-300000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-700000 USD
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.489
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.371
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.298
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
CY2013Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
65900000 USD
CY2014Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
65000000 USD
CY2014Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
9100000 USD
CY2014 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y5M26D
CY2013 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2900000 USD
CY2014 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
4000000 USD
CY2012 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2100000 USD
CY2014Q2 us-gaap Equity Method Investments
EquityMethodInvestments
4100000 USD
CY2013Q2 us-gaap Equity Method Investments
EquityMethodInvestments
4200000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
48000000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1100000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
300000 USD
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-100000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
300000 USD
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-100000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1100000 USD
CY2013Q2 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
86900000 USD
CY2014Q2 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
89600000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
18700000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23400000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
4400000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
3800000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4400000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4400000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4400000 USD
CY2013Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
66700000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
67600000 USD
CY2014Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
44200000 USD
CY2013 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1300000 USD
CY2012 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1300000 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1200000 USD
CY2014 us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">Fiscal Year </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">The company's fiscal year ends on the Saturday closest to May 31. The fiscal years ended </font><font style="font-family:Arial Narrow;font-size:10pt;color:#000000;text-decoration:none;">May 31, 2014</font><font style="font-family:Arial Narrow;font-size:10pt;"> and </font><font style="font-family:Arial Narrow;font-size:10pt;color:#000000;text-decoration:none;">June 1, 2013</font><font style="font-family:Arial Narrow;font-size:10pt;"> each contain </font><font style="font-family:Arial Narrow;font-size:10pt;color:#000000;text-decoration:none;">52 weeks</font><font style="font-family:Arial Narrow;font-size:10pt;">, while the fiscal year ended </font><font style="font-family:Arial Narrow;font-size:10pt;color:#000000;text-decoration:none;">June 2, 2012</font><font style="font-family:Arial Narrow;font-size:10pt;"> contains </font><font style="font-family:Arial Narrow;font-size:10pt;color:#000000;text-decoration:none;">53 weeks</font><font style="font-family:Arial Narrow;font-size:10pt;">. An extra week in the company's fiscal year is required approximately every six years in order to realign its fiscal calendar-end dates with the actual calendar months.</font></div></div>
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-800000 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-900000 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1700000 USD
CY2014Q2 us-gaap Goodwill
Goodwill
228200000 USD
CY2013Q2 us-gaap Goodwill
Goodwill
227000000 USD
CY2012Q2 us-gaap Goodwill
Goodwill
146400000 USD
CY2013 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
80700000 USD
CY2014 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1000000 USD
CY2014 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2014 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
600000 USD
CY2013 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
100000 USD
CY2014 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
400000 USD
CY2012 us-gaap Gross Profit
GrossProfit
590600000 USD
CY2013 us-gaap Gross Profit
GrossProfit
605200000 USD
CY2014 us-gaap Gross Profit
GrossProfit
631000000 USD
CY2013Q1 us-gaap Gross Profit
GrossProfit
144400000 USD
CY2013Q2 us-gaap Gross Profit
GrossProfit
162600000 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
170000000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
277400000 USD
CY2011Q4 us-gaap Gross Profit
GrossProfit
152100000 USD
us-gaap Gross Profit
GrossProfit
154300000 USD
CY2014Q2 us-gaap Gross Profit
GrossProfit
179100000 USD
CY2012Q4 us-gaap Gross Profit
GrossProfit
148500000 USD
CY2013Q4 us-gaap Gross Profit
GrossProfit
118900000 USD
CY2012Q2 us-gaap Gross Profit
GrossProfit
150100000 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
149700000 USD
CY2012Q1 us-gaap Gross Profit
GrossProfit
134200000 USD
CY2014Q1 us-gaap Gross Profit
GrossProfit
162900000 USD
CY2012 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
3800000 USD
CY2014 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
21400000 USD
CY2013 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
3800000 USD
CY2014 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
4000000 USD
CY2012 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1400000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-45100000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
107600000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
89900000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
11900000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
7300000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1700000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-43400000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
97200000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
119500000 USD
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-100000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
100000 USD
CY2012 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44300000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-21200000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
28900000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
41800000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
1000000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
800000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
800000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2000000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
3300000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1400000 USD
CY2012 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
2900000 USD
CY2014 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
3900000 USD
CY2013 us-gaap Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
4000000 USD
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1200000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-900000 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-1900000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-15200000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
34000000 USD
CY2013 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-600000 USD
CY2012 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-200000 USD
CY2014 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-300000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3000000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2500000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-900000 USD
CY2013 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
100000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
400000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-300000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
34500000 USD
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19700000 USD
CY2013 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
37700000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2600000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
6000000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4800000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
26700000 USD
CY2013 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7700000 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-17500000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
14200000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
8300000 USD
CY2012 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-16400000 USD
CY2013 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4600000 USD
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-200000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2200000 USD
CY2014 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-8500000 USD
CY2012 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-66500000 USD
CY2013 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-9200000 USD
CY2012 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-8800000 USD
CY2013 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-17200000 USD
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
21200000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3200000 USD
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-9300000 USD
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2700000 USD
CY2014Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
40900000 USD
CY2013Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
62300000 USD
CY2012Q2 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
39300000 USD
CY2014 us-gaap Indefinite Lived Intangible Assets Translation And Purchase Accounting Adjustments
IndefiniteLivedIntangibleAssetsTranslationAndPurchaseAccountingAdjustments
0 USD
CY2013 us-gaap Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
0 USD
CY2014 us-gaap Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
0 USD
CY2014 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
0 USD
CY2013 us-gaap Indefinitelived Intangible Assets Acquired
IndefinitelivedIntangibleAssetsAcquired
23000000 USD
CY2014 us-gaap Interest Expense
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17600000 USD
CY2012 us-gaap Interest Expense
InterestExpense
17500000 USD
CY2013 us-gaap Interest Expense
InterestExpense
17200000 USD
CY2013 us-gaap Interest Paid
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14900000 USD
CY2012 us-gaap Interest Paid
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16400000 USD
CY2014 us-gaap Interest Paid
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15600000 USD
CY2014Q2 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
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58200000 USD
CY2013Q2 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
57500000 USD
CY2013Q2 us-gaap Inventory Net
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76200000 USD
CY2014Q2 us-gaap Inventory Net
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78400000 USD
CY2013Q2 us-gaap Inventory Raw Materials Net Of Reserves
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18700000 USD
CY2014Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
20200000 USD
CY2014 us-gaap Investment Income Nonoperating
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400000 USD
CY2013 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
400000 USD
CY2012 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
1000000 USD
CY2013Q2 us-gaap Lifo Inventory Amount
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22400000 USD
CY2014Q2 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
20500000 USD
CY2014Q2 us-gaap Land And Land Improvements
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21500000 USD
CY2013Q2 us-gaap Land And Land Improvements
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26700000 USD
CY2012 us-gaap Lease And Rental Expense
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20700000 USD
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
23000000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
25600000 USD
CY2013Q2 us-gaap Liabilities
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627000000 USD
CY2014Q2 us-gaap Liabilities
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618800000 USD
CY2013Q2 us-gaap Liabilities And Stockholders Equity
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946500000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
990900000 USD
CY2013Q2 us-gaap Liabilities Current
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290000000 USD
CY2014Q2 us-gaap Liabilities Current
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356100000 USD
CY2014Q2 us-gaap Long Term Debt
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250000000 USD
CY2013Q2 us-gaap Long Term Debt
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250000000 USD
CY2014Q2 us-gaap Long Term Debt Current
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50000000 USD
CY2013Q2 us-gaap Long Term Debt Current
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0 USD
CY2013Q2 us-gaap Long Term Debt Fair Value
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283500000 USD
CY2014Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
279200000 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
50000000 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
50000000 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
150000000 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2014Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
200000000 USD
CY2013Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
250000000 USD
CY2014 us-gaap Long Term Purchase Commitment Amount
LongTermPurchaseCommitmentAmount
12700000 USD
CY2013Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
558300000 USD
CY2014Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
576700000 USD
CY2013Q2 us-gaap Marketable Securities Current
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10800000 USD
CY2014Q2 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
11100000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22400000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
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-16000000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1600000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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-48200000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
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-58400000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-209700000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
90100000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
90100000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
136500000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
75200000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
68200000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
-22100000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
-80600000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
11900000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
16500000 USD
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
8400000 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
14900000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
19400000 USD
CY2011Q4 us-gaap Net Income Loss
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23700000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
22500000 USD
us-gaap Net Income Loss
NetIncomeLoss
24600000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
23400000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
16600000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
20000000 USD
CY2013Q2 us-gaap Noncurrent Assets
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199000000 USD
CY2014Q2 us-gaap Noncurrent Assets
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212400000 USD
CY2012Q2 us-gaap Noncurrent Assets
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164500000 USD
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-17700000 USD
CY2012 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-18100000 USD
CY2013 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-17700000 USD
CY2014 us-gaap Operating Expenses
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656700000 USD
CY2012 us-gaap Operating Expenses
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453000000 USD
CY2013 us-gaap Operating Expenses
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490300000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
137600000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
-25700000 USD
CY2013 us-gaap Operating Income Loss
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114900000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
21000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
7100000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
9800000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
11800000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
17000000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
18700000 USD
CY2013Q2 us-gaap Other Assets
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25800000 USD
CY2014Q2 us-gaap Other Assets
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30600000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
2900000 USD
CY2013 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1000000 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7100000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
86400000 USD
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
16300000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
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-36400000 USD
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
0 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-500000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax
3100000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-83500000 USD
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
29300000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-17300000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-50900000 USD
CY2012 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
12200000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-8800000 USD
CY2014Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
44500000 USD
CY2013Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
47400000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
50200000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
28500000 USD
CY2013 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
31900000 USD
CY2012 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1600000 USD
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-900000 USD
CY2014 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-500000 USD
CY2012 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-1900000 USD
CY2013 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-2900000 USD
CY2014 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1500000 USD
CY2012 us-gaap Payments For Proceeds From Other Investing Activities
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1600000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
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1700000 USD
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
2000000 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
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2700000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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3600000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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12700000 USD
CY2013 us-gaap Payments Of Dividends
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19100000 USD
CY2012 us-gaap Payments Of Dividends
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5200000 USD
CY2014 us-gaap Payments Of Dividends
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30300000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
6700000 USD
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
47100000 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
157500000 USD
CY2013 us-gaap Payments To Acquire Marketable Securities
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3700000 USD
CY2012 us-gaap Payments To Acquire Marketable Securities
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7100000 USD
CY2014 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
5200000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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40800000 USD
CY2014 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
115400000 USD
CY2012 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
8800000 USD
CY2014Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
18200000 USD
CY2013Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
39600000 USD
CY2014 us-gaap Pension Contributions
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50200000 USD
CY2013Q2 us-gaap Preferred Stock No Par Value
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0
CY2014Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2013Q2 us-gaap Preferred Stock Shares Authorized
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10000000 shares
CY2014Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q2 us-gaap Prepaid Expense And Other Assets Current
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21000000 USD
CY2014Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
19900000 USD
CY2013Q2 us-gaap Prepaid Taxes
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8100000 USD
CY2014Q2 us-gaap Prepaid Taxes
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12700000 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
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20800000 USD
CY2012 us-gaap Proceeds From Issuance Of Common Stock
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6400000 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7200000 USD
CY2013 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
2400000 USD
CY2012 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2014 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2013 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
2500000 USD
CY2014 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
4900000 USD
CY2012 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
8500000 USD
CY2014 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
1300000 USD
CY2012 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
17400000 USD
CY2013 us-gaap Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
1200000 USD
CY2013Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
24800000 USD
CY2011Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
17000000 USD
CY2012Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
22200000 USD
CY2014Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
25200000 USD
CY2013Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
24800000 USD
CY2014Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
25200000 USD
CY2013 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
20700000 USD
CY2012 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
24700000 USD
CY2014 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
19800000 USD
CY2013 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
0 USD
CY2014 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
0 USD
CY2012 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
5000000 USD
CY2014 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
20200000 USD
CY2013 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
23300000 USD
CY2012 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
24900000 USD
CY2014Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
789200000 USD
CY2013Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
765300000 USD
CY2013Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
184100000 USD
CY2014Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
195200000 USD
CY2013 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
600000 USD
CY2012 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1600000 USD
CY2014 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1000000 USD
CY2012 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
CY2013 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2400000 USD
CY2014 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
48300000 USD
CY2012 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
41000000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
53900000 USD
CY2014 us-gaap Restructuring Charges
RestructuringCharges
1100000 USD
CY2014 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
26200000 USD
CY2012 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
5400000 USD
CY2013 us-gaap Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
1200000 USD
CY2013 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
1200000 USD
CY2014 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
26500000 USD
CY2012 us-gaap Restructuring Settlement And Impairment Provisions
RestructuringSettlementAndImpairmentProvisions
5400000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
331100000 USD
CY2014 us-gaap Revenue Recognition Incentives
RevenueRecognitionIncentives
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">Customer Payments and Incentives</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">We offer various sales incentive programs to our customers, such as rebates, discounts and cooperative advertising programs. Programs such as rebates and discounts are adjustments to the selling price and are therefore characterized as a reduction to net sales. The cooperative advertising program, whereby customers are reimbursed for company approved advertising expenditures, provides us with an identifiable benefit from the advertisement at a verifiable market rate. Therefore, the cost of the cooperative advertising program is recognized as an operating </font><font style="font-family:Arial Narrow;font-size:10pt;background-color:#ffffff;">expense and is included in the "Selling, general and administrative" line</font><font style="font-family:Arial Narrow;font-size:10pt;"> in the Consolidated Statements of Comprehensive Income. We recognized operating expense related to our cooperative advertising program of </font><font style="font-family:Arial Narrow;font-size:10pt;color:#000000;text-decoration:none;">$2.0 million</font><font style="font-family:Arial Narrow;font-size:10pt;"> for each of the fiscal years ended </font><font style="font-family:Arial Narrow;font-size:10pt;">2014</font><font style="font-family:Arial Narrow;font-size:10pt;">, </font><font style="font-family:Arial Narrow;font-size:10pt;">2013</font><font style="font-family:Arial Narrow;font-size:10pt;">, and </font><font style="font-family:Arial Narrow;font-size:10pt;">2012</font><font style="font-family:Arial Narrow;font-size:10pt;">.</font></div></div>
CY2014 us-gaap Revenue Recognition Sales Of Goods
RevenueRecognitionSalesOfGoods
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">Revenue Recognition </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">The company recognizes revenue on sales through its network of independent contract furniture dealers and independent retailers once the related product is shipped and title passes. In situations where products are sold through subsidiary dealers or directly to the end customer, revenue is recognized once the related product is shipped to the end customer and installation, if applicable, is substantially complete. Offers such as rebates and discounts are recorded as reductions to net sales. Unearned revenue occurs during the normal course of business due to advance payments from customers for future delivery of products and services. </font></div></div>
CY2012 us-gaap Royalty Expense
RoyaltyExpense
11700000 USD
CY2014 us-gaap Royalty Expense
RoyaltyExpense
12000000 USD
CY2013 us-gaap Royalty Expense
RoyaltyExpense
11600000 USD
CY2013 us-gaap Sales Revenue Net
SalesRevenueNet
1774900000 USD
CY2012 us-gaap Sales Revenue Net
SalesRevenueNet
1724100000 USD
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
1882000000 USD
CY2011Q4 us-gaap Sales Revenue Net
SalesRevenueNet
445600000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
487500000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
423500000 USD
CY2012Q2 us-gaap Sales Revenue Net
SalesRevenueNet
420700000 USD
CY2012Q1 us-gaap Sales Revenue Net
SalesRevenueNet
399800000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
468100000 USD
CY2012Q3 us-gaap Sales Revenue Net
SalesRevenueNet
449700000 USD
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
460000000 USD
CY2012Q4 us-gaap Sales Revenue Net
SalesRevenueNet
441800000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
470500000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
455900000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
458100000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
564300000 USD
CY2012 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
394900000 USD
CY2013 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
429200000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
11000000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
8100000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
6000000 USD
CY2014Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
1122446 shares
CY2014Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
1596984 shares
CY2014Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
27.35
CY2014Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
25.47
CY2014 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y8M12D
CY2014 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1800000 USD
CY2013 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
1900000 USD
CY2012 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
2100000 USD
CY2014 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
400000 USD
CY2012 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
300000 USD
CY2013 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
400000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
19000000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5200000 USD
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
4300000 USD
CY2014 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
12700000 USD
CY2012 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2700000 USD
CY2013 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
3600000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
372100000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
319500000 USD
CY2011Q2 us-gaap Stockholders Equity
StockholdersEquity
205000000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
248300000 USD
CY2014Q2 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
67500000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1800000 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1400000 USD
CY2012Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
1300000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
100000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
0 USD
CY2013Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
400000 USD
CY2014Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
600000 USD
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
200000 USD
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
400000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
500000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
200000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
100000 USD
CY2014Q2 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
54200000 USD
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates in the Preparation of Financial Statements </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:Arial Narrow;font-size:10pt;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
418992 shares
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
285404 shares
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58456876 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58844514 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58955487 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58955487 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58171472 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58425522 shares
CY2014 mlhr Adjustmentsto Additional Paidin Capital Performance Stock Units
AdjustmentstoAdditionalPaidinCapitalPerformanceStockUnits
3000000 USD
CY2013 mlhr Adjustmentsto Additional Paidin Capital Performance Stock Units
AdjustmentstoAdditionalPaidinCapitalPerformanceStockUnits
700000 USD
CY2014 mlhr Cooperative Advertising Program Expense
CooperativeAdvertisingProgramExpense
2000000 USD
CY2012 mlhr Cooperative Advertising Program Expense
CooperativeAdvertisingProgramExpense
2000000 USD
CY2013 mlhr Cooperative Advertising Program Expense
CooperativeAdvertisingProgramExpense
2000000 USD
CY2014 mlhr Deferred Compensation Arrangement With Individual Cash Awards Granted Maximum Percentage
DeferredCompensationArrangementWithIndividualCashAwardsGrantedMaximumPercentage
0.06
CY2013Q2 mlhr Deferred Tax Assets Financing Costs
DeferredTaxAssetsFinancingCosts
2100000 USD
CY2014Q2 mlhr Deferred Tax Assets Financing Costs
DeferredTaxAssetsFinancingCosts
1200000 USD
CY2014Q2 mlhr Deferred Tax Assets Tax Credit Carryforwards State
DeferredTaxAssetsTaxCreditCarryforwardsState
200000 USD
CY2013Q2 mlhr Deferred Tax Assets Tax Credit Carryforwards State
DeferredTaxAssetsTaxCreditCarryforwardsState
600000 USD
CY2013Q2 mlhr Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions And Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionsAndPostretirementBenefits
19400000 USD
CY2014Q2 mlhr Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions And Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionsAndPostretirementBenefits
9700000 USD
CY2013 mlhr Design And Research
DesignAndResearch
59900000 USD
CY2014 mlhr Design And Research
DesignAndResearch
65900000 USD
CY2012 mlhr Design And Research
DesignAndResearch
52700000 USD
CY2013Q2 mlhr Financial Instruments Gross Unrealized Gains
FinancialInstrumentsGrossUnrealizedGains
0 USD
CY2014Q2 mlhr Financial Instruments Gross Unrealized Gains
FinancialInstrumentsGrossUnrealizedGains
0 USD
CY2013Q2 mlhr Financial Instruments Gross Unrealized Loss
FinancialInstrumentsGrossUnrealizedLoss
0 USD
CY2014Q2 mlhr Financial Instruments Gross Unrealized Loss
FinancialInstrumentsGrossUnrealizedLoss
0 USD
CY2014 mlhr Goodwill And Indefinite Lived Intangible Assets Acquired During Period
GoodwillAndIndefiniteLivedIntangibleAssetsAcquiredDuringPeriod
1000000 USD
CY2013 mlhr Goodwill And Indefinite Lived Intangible Assets Acquired During Period
GoodwillAndIndefiniteLivedIntangibleAssetsAcquiredDuringPeriod
103700000 USD
CY2014 mlhr Goodwill And Indefinite Lived Intangible Assets Impairment
GoodwillAndIndefiniteLivedIntangibleAssetsImpairment
21400000 USD
CY2014 mlhr Goodwill And Indefinite Lived Intangible Assets Translation Adjustments
GoodwillAndIndefiniteLivedIntangibleAssetsTranslationAdjustments
600000 USD
CY2014 mlhr Goodwill And Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
GoodwillAndIndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
400000 USD
CY2013 mlhr Goodwill And Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
GoodwillAndIndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
100000 USD
CY2013Q2 mlhr Goodwill And Indefinite Lived Intangibles
GoodwillAndIndefiniteLivedIntangibles
289300000 USD
CY2014Q2 mlhr Goodwill And Indefinite Lived Intangibles
GoodwillAndIndefiniteLivedIntangibles
269100000 USD
CY2012Q2 mlhr Goodwill And Indefinite Lived Intangibles
GoodwillAndIndefiniteLivedIntangibles
185700000 USD
CY2014 mlhr Self Insurance Retention Level General Liability And Auto Liability And Physical Damage
SelfInsuranceRetentionLevelGeneralLiabilityAndAutoLiabilityAndPhysicalDamage
1000000
CY2014 mlhr Self Insurance Retention Level Workers Compensation And Property
SelfInsuranceRetentionLevelWorkersCompensationAndProperty
750000
CY2013 mlhr Sharebased Compensation Arrangementsby Sharebased Payment Award Equity Instruments Otherthan Options Releasedin Period Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementsbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsReleasedinPeriodWeightedAverageGrantDateFairValue
16.14
CY2014 mlhr Warranty Length
WarrantyLength
P12Y
CY2014 mlhr Sharebased Compensation Arrangementsby Sharebased Payment Award Equity Instruments Otherthan Options Releasedin Period Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementsbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsReleasedinPeriodWeightedAverageGrantDateFairValue
20.30
CY2014 mlhr Interest Coverage
InterestCoverage
4
CY2014 mlhr Leverage Ratio
LeverageRatio
3.5
CY2012 mlhr Number Of Weeks In Fiscal Year
NumberOfWeeksInFiscalYear
53 weeks
CY2014 mlhr Number Of Weeks In Fiscal Year
NumberOfWeeksInFiscalYear
52 weeks
CY2014Q2 mlhr Numberof Equity Method Investments
NumberofEquityMethodInvestments
4 occurence
CY2014Q2 mlhr Operating Loss Carryfoward Expiration Period
OperatingLossCarryfowardExpirationPeriod
P14Y
CY2012 mlhr Payment Contingent Consideration
PaymentContingentConsideration
0 USD
CY2014 mlhr Payment Contingent Consideration
PaymentContingentConsideration
1300000 USD
CY2013 mlhr Payment Contingent Consideration
PaymentContingentConsideration
800000 USD
mlhr Payment Contingent Consideration
PaymentContingentConsideration
1400000 USD
CY2012 mlhr Sharebased Compensation Arrangementsby Sharebased Payment Award Equity Instruments Otherthan Options Releasedin Period Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementsbySharebasedPaymentAwardEquityInstrumentsOtherthanOptionsReleasedinPeriodWeightedAverageGrantDateFairValue
26.56
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--05-31
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-05-31
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0000066382
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
59404641 shares
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2013Q4 dei Entity Public Float
EntityPublicFloat
1864534305 USD
CY2014 dei Entity Registrant Name
EntityRegistrantName
MILLER HERMAN INC
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

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0000066382-14-000035.txt Edgar Link pending
0000066382-14-000035-xbrl.zip Edgar Link pending
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