$SCS
STEELCASE INC

2014 Q3 Form 10-Q Financial Statement

#000105082514000191 Filed on September 26, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2013 Q3
Revenue $786.7M $757.6M
YoY Change 3.84% 1.7%
Cost Of Revenue $536.1M $513.4M
YoY Change 4.42% 0.0%
Gross Profit $244.4M $244.3M
YoY Change 0.04% 7.1%
Gross Profit Margin 31.07% 32.25%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $14.60M $14.80M
YoY Change -1.35% 7.25%
% of Gross Profit 5.97% 6.06%
Operating Expenses $191.4M $188.9M
YoY Change 1.32% 4.36%
Operating Profit $52.80M $52.00M
YoY Change 1.54% 11.11%
Interest Expense $4.400M $4.500M
YoY Change -2.22% -2.17%
% of Operating Profit 8.33% 8.65%
Other Income/Expense, Net $3.200M $600.0K
YoY Change 433.33% -64.71%
Pretax Income $52.10M $46.30M
YoY Change 12.53% 2.43%
Income Tax $21.60M $18.70M
% Of Pretax Income 41.46% 40.39%
Net Earnings $30.50M $27.60M
YoY Change 10.51% -6.44%
Net Earnings / Revenue 3.88% 3.64%
Basic Earnings Per Share $0.24 $0.22
Diluted Earnings Per Share $0.24 $0.22
COMMON SHARES
Basic Shares Outstanding 122.3M shares 123.9M shares
Diluted Shares Outstanding 123.5M shares 125.8M shares

Balance Sheet

Concept 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $229.8M $171.2M
YoY Change 34.23% 10.17%
Cash & Equivalents $155.7M $127.8M
Short-Term Investments $74.10M $43.40M
Other Short-Term Assets $34.00M $55.50M
YoY Change -38.74% 13.03%
Inventory $182.5M $154.5M
Prepaid Expenses $21.70M
Receivables $346.8M $331.5M
Other Receivables $0.00 $0.00
Total Short-Term Assets $852.8M $757.2M
YoY Change 12.63% 2.94%
LONG-TERM ASSETS
Property, Plant & Equipment $388.7M $361.7M
YoY Change 7.46% 5.82%
Goodwill $108.3M $120.6M
YoY Change -10.2% -32.93%
Intangibles $15.70M $18.00M
YoY Change -12.78% 1.69%
Long-Term Investments $55.00M
YoY Change
Other Assets $40.60M $95.00M
YoY Change -57.26% -4.62%
Total Long-Term Assets $850.0M $930.5M
YoY Change -8.65% -3.43%
TOTAL ASSETS
Total Short-Term Assets $852.8M $757.2M
Total Long-Term Assets $850.0M $930.5M
Total Assets $1.703B $1.688B
YoY Change 0.89% -0.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $243.2M $227.1M
YoY Change 7.09% 0.53%
Accrued Expenses $132.2M $129.3M
YoY Change 2.24% 10.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.600M $2.500M
YoY Change 4.0% -39.02%
Total Short-Term Liabilities $529.9M $510.5M
YoY Change 3.8% 5.52%
LONG-TERM LIABILITIES
Long-Term Debt $283.2M $285.2M
YoY Change -0.7% -0.9%
Other Long-Term Liabilities $65.00M $75.40M
YoY Change -13.79% -5.28%
Total Long-Term Liabilities $496.6M $516.8M
YoY Change -3.91% -1.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $529.9M $510.5M
Total Long-Term Liabilities $496.6M $516.8M
Total Liabilities $1.027B $1.027B
YoY Change -0.08% 1.63%
SHAREHOLDERS EQUITY
Retained Earnings $679.7M $660.7M
YoY Change 2.88% -3.02%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $676.3M $660.4M
YoY Change
Total Liabilities & Shareholders Equity $1.703B $1.688B
YoY Change 0.89% -0.67%

Cashflow Statement

Concept 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $30.50M $27.60M
YoY Change 10.51% -6.44%
Depreciation, Depletion And Amortization $14.60M $14.80M
YoY Change -1.35% 7.25%
Cash From Operating Activities $56.40M $56.40M
YoY Change 0.0% -14.67%
INVESTING ACTIVITIES
Capital Expenditures -$28.50M -$18.00M
YoY Change 58.33% 14.65%
Acquisitions
YoY Change
Other Investing Activities $12.00M -$300.0K
YoY Change -4100.0% -97.12%
Cash From Investing Activities -$16.50M -$18.30M
YoY Change -9.84% -29.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -41.80M -13.30M
YoY Change 214.29% -26.52%
NET CHANGE
Cash From Operating Activities 56.40M 56.40M
Cash From Investing Activities -16.50M -18.30M
Cash From Financing Activities -41.80M -13.30M
Net Change In Cash -1.900M 24.80M
YoY Change -107.66% 13.24%
FREE CASH FLOW
Cash From Operating Activities $56.40M $56.40M
Capital Expenditures -$28.50M -$18.00M
Free Cash Flow $84.90M $74.40M
YoY Change 14.11% -9.05%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
212500000 USD
CY2014Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
243200000 USD
CY2014Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
306800000 USD
CY2014Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
346800000 USD
CY2014Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1140800000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
100000 USD
CY2014Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1107100000 USD
CY2014Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3400000 USD
CY2014Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
800000 USD
CY2014Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
300000 USD
CY2014Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
0 USD
CY2014Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
0 USD
us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-3700000 USD
us-gaap Adjustments Noncash Items To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsNoncashItemsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
200000 USD
CY2014Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
13000000 USD
CY2014Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
12900000 USD
CY2014Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2013Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014Q3 us-gaap Assets
Assets
1702800000 USD
CY2014Q1 us-gaap Assets
Assets
1726700000 USD
CY2014Q3 us-gaap Assets Current
AssetsCurrent
852800000 USD
CY2014Q1 us-gaap Assets Current
AssetsCurrent
889900000 USD
CY2014Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
155700000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
201800000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
127800000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
150400000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-22600000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-46100000 USD
CY2014Q1 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
154300000 USD
CY2014Q3 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
156800000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.21
CY2014Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.105
CY2013Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.10
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.20
CY2013Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
123900000 shares
CY2014Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
121300000 shares
CY2014Q3 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
0 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
26900000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
26800000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
37800000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
47300000 USD
CY2014Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
536100000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
970600000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1040600000 USD
CY2013Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
513400000 USD
CY2014Q3 us-gaap Customer Deposits Current
CustomerDepositsCurrent
22400000 USD
CY2014Q1 us-gaap Customer Deposits Current
CustomerDepositsCurrent
16000000 USD
CY2014Q3 us-gaap Debt Current
DebtCurrent
2600000 USD
CY2014Q1 us-gaap Debt Current
DebtCurrent
2600000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
18100000 USD
CY2014Q3 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
38000000 USD
CY2014Q1 us-gaap Deferred Tax Assets Net Current
DeferredTaxAssetsNetCurrent
56000000 USD
CY2014Q3 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
84900000 USD
CY2014Q1 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
85100000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29300000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28900000 USD
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.22
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-900000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-300000 USD
CY2014Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
152800000 USD
CY2014Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
109700000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
-1000000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
200000 USD
CY2014Q1 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
70800000 USD
CY2014Q3 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
71500000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
42600000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
41800000 USD
CY2014Q1 us-gaap Goodwill
Goodwill
108100000 USD
CY2014Q3 us-gaap Goodwill
Goodwill
108300000 USD
us-gaap Gross Profit
GrossProfit
454000000 USD
us-gaap Gross Profit
GrossProfit
473500000 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
244300000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
244400000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
64100000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
88000000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
46300000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
52100000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7400000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4500000 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18700000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23300000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21600000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
36500000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
28600000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
32200000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
43200000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
43800000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-54500000 USD
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-31300000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
32500000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
17600000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
14900000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11100000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-15600000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-3600000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-9400000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
-12200000 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
2500000 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
1900000 shares
CY2013Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
2000000 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
2300000 shares
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1900000 shares
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1200000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1900000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1300000 shares
CY2014Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
15700000 USD
CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
16600000 USD
CY2013Q3 us-gaap Interest Expense
InterestExpense
4500000 USD
us-gaap Interest Expense
InterestExpense
8800000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
4400000 USD
us-gaap Interest Expense
InterestExpense
8900000 USD
CY2014Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
107300000 USD
CY2014Q3 us-gaap Inventory Net
InventoryNet
182500000 USD
CY2014Q1 us-gaap Inventory Net
InventoryNet
151500000 USD
CY2014Q1 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
85300000 USD
CY2014Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
87700000 USD
CY2014Q1 us-gaap Inventory Gross
InventoryGross
173000000 USD
CY2014Q3 us-gaap Inventory Gross
InventoryGross
203900000 USD
CY2014Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
21400000 USD
CY2014Q1 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
21500000 USD
CY2014Q3 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
96600000 USD
CY2014Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
53000000 USD
CY2014Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
55000000 USD
CY2014Q1 us-gaap Liabilities
Liabilities
1049600000 USD
CY2014Q3 us-gaap Liabilities
Liabilities
1026500000 USD
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1702800000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1726700000 USD
CY2014Q3 us-gaap Liabilities Current
LiabilitiesCurrent
529900000 USD
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
538200000 USD
CY2014Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
496600000 USD
CY2014Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
511400000 USD
CY2014Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
284400000 USD
CY2014Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
283200000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-59200000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-61900000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
32300000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
20400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-16200000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17100000 USD
us-gaap Net Income Loss
NetIncomeLoss
51500000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
30500000 USD
us-gaap Net Income Loss
NetIncomeLoss
40800000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
27600000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
40200000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
27100000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
29900000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
50600000 USD
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
191400000 USD
us-gaap Operating Expenses
OperatingExpenses
383300000 USD
us-gaap Operating Expenses
OperatingExpenses
374000000 USD
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
188900000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
52000000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
52800000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
72400000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
89200000 USD
CY2014Q1 us-gaap Other Assets Current
OtherAssetsCurrent
35000000 USD
CY2014Q3 us-gaap Other Assets Current
OtherAssetsCurrent
34000000 USD
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
42700000 USD
CY2014Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
40600000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-1600000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-2400000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
700000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2300000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-800000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1600000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3700000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4200000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-700000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1400000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
2600000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1300000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
2400000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
200000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-100000 USD
CY2014Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
110700000 USD
CY2014Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
109100000 USD
CY2014Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
75900000 USD
CY2014Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
65000000 USD
CY2013Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
600000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6700000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1800000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3200000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1500000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-11000000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
34300000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
31800000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
6500000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
25100000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
26600000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
44300000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
36400000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
58600000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
17800000 USD
CY2014Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
22500000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
26100000 USD
CY2014Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
148400000 USD
CY2014Q1 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
151100000 USD
CY2014Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
19300000 USD
CY2014Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
21700000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
5400000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
3200000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
19100000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1600000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
105100000 USD
us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
74500000 USD
CY2014Q1 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
17500000 USD
CY2014Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
20400000 USD
CY2014Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
388700000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
377000000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
2600000 USD
CY2014Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1300000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
100000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1200000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1200000 USD
CY2014Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7700000 USD
CY2014Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9000000 USD
CY2013Q3 us-gaap Restructuring Charges
RestructuringCharges
3300000 USD
CY2014Q3 us-gaap Restructuring Charges
RestructuringCharges
6400000 USD
us-gaap Restructuring Charges
RestructuringCharges
-3300000 USD
us-gaap Restructuring Charges
RestructuringCharges
7700000 USD
us-gaap Restructuring Costs
RestructuringCosts
-3300000 USD
us-gaap Restructuring Costs
RestructuringCosts
7700000 USD
CY2014Q1 us-gaap Restructuring Reserve
RestructuringReserve
9700000 USD
CY2014Q3 us-gaap Restructuring Reserve
RestructuringReserve
11400000 USD
us-gaap Restructuring Reserve Accrual Adjustment
RestructuringReserveAccrualAdjustment
-200000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
676300000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
679700000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
757600000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1509800000 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
786700000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
1424700000 USD
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123900000 shares
us-gaap Share Based Compensation
ShareBasedCompensation
12500000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
12600000 USD
CY2014Q3 us-gaap Short Term Investments
ShortTermInvestments
74100000 USD
CY2014Q1 us-gaap Short Term Investments
ShortTermInvestments
119500000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
676300000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
677100000 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
600000 USD
CY2013Q3 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
500000 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
900000 USD
CY2014Q3 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
600000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
124000000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
125800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126200000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
123500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
124300000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
122300000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
122700000 shares
CY2014Q3 scs Investment Income
InvestmentIncome
500000 USD
CY2013Q3 scs Investment Income
InvestmentIncome
-1800000 USD
scs Investment Income
InvestmentIncome
-1200000 USD
scs Investment Income
InvestmentIncome
900000 USD
scs Restructuring Additions
RestructuringAdditions
8400000 USD
scs Weighted Average Common Shares Outstanding Including Participating Securities In Millions
WeightedAverageCommonSharesOutstandingIncludingParticipatingSecuritiesInMillions
125000000 shares
CY2013Q3 scs Weighted Average Common Shares Outstanding Including Participating Securities In Millions
WeightedAverageCommonSharesOutstandingIncludingParticipatingSecuritiesInMillions
125900000 shares
CY2014Q3 scs Weighted Average Common Shares Outstanding Including Participating Securities In Millions
WeightedAverageCommonSharesOutstandingIncludingParticipatingSecuritiesInMillions
124800000 shares
scs Weighted Average Common Shares Outstanding Including Participating Securities In Millions
WeightedAverageCommonSharesOutstandingIncludingParticipatingSecuritiesInMillions
126200000 shares
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--02-27
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
dei Document Period End Date
DocumentPeriodEndDate
2014-08-29
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001050825
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
STEELCASE INC
dei Trading Symbol
TradingSymbol
SCS

Files In Submission

Name View Source Status
0001050825-14-000191-index-headers.html Edgar Link pending
0001050825-14-000191-index.html Edgar Link pending
0001050825-14-000191.txt Edgar Link pending
0001050825-14-000191-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
scs-08292014x10q.htm Edgar Link pending
scs-08292014xex311.htm Edgar Link pending
scs-08292014xex312.htm Edgar Link pending
scs-08292014xex321.htm Edgar Link pending
scs-20140829.xml Edgar Link completed
scs-20140829.xsd Edgar Link pending
scs-20140829_cal.xml Edgar Link unprocessable
scs-20140829_def.xml Edgar Link unprocessable
scs-20140829_lab.xml Edgar Link unprocessable
scs-20140829_pre.xml Edgar Link unprocessable
Show.js Edgar Link pending