What is MillerKnoll's gain (loss) on disposal of assets?

MillerKnoll (MLKN) reported gain (loss) on disposal of assets of -$400K in Q1 2024.

What does gain (loss) on disposal of assets mean?

Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.

MillerKnoll MLKN Gain (loss) on disposal of assets

Gain (loss) on disposal of assets at other companies

ARH

Arhaus, Inc.ARHS

-$104K+3.7%

Urban OutfittersURBN

-$380K-304%

DillardsDDS

$152K+158%

Other financials

Income statement

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Revenue$926.6M+5.8%

Gross profit$352.9M+6.2%

Operating income$44.9M+155%

Net income$23.5M+285%

EPS (diluted)$0.34+279%

Balance sheet

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Cash & equivalents$174.6M+2.8%

Total debt$1.8B-2.1%

Total equity$1.3B+6.5%

Total assets$4.0B+1.4%

Cash flow

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Operating cash flow$61.1M-1.5%

CapEx$22.1M-4.7%

Free cash flow$39.0M+0.5%

Valuation

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Market cap$1.18B+2.9%

Enterprise value$2.82B+1.0%

P/E109.2×+67.4×

P/S0.3×0.0×

Profitability

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Gross margin38.7%-0.2pp

Operating margin5.3%+4.8pp

Net margin0.3%-0.6pp

FCF margin2.2%-1.3pp

Returns & leverage

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Return on equity0.8%-1.4pp

Debt / equity1.4×-0.1×

Current ratio1.6×0.0×

Where this comes from

Reported directly by MillerKnoll in its filing.

Tagged under the XBRL concept us-gaap:GainLossOnDispositionOfAssets1.

The official record: MillerKnoll’s 10-K, filed July 30, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is MillerKnoll's gain (loss) on disposal of assets?: MillerKnoll (MLKN) reported gain (loss) on disposal of assets of -$400K in Q1 2024.
What does gain (loss) on disposal of assets mean?: Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.