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MillerKnoll MLKN Gain (loss) on disposal of assets

Gain (loss) on disposal of assets at other companies

ARH
Arhaus, Inc.ARHS
$0
Hooker Furnishings Corporation logo
Hooker Furnishings CorporationHOFT
$2K+113%
Urban Outfitters logo
Urban OutfittersURBN
-$380K-304%
Dillards logo
DillardsDDS
$152K+158%

Other financials

Income statement

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Revenue$1.0B+4.4%
Gross profit$395.6M+5.0%
Operating income$51.4M-6.5%
Net income$23.6M+141%
EPS (diluted)$0.34+141%

Balance sheet

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Cash & equivalents$167.7M-13.4%
Total debt$1.8B-2.0%
Total equity$1.3B+5.2%
Total assets$4.0B+1.3%

Cash flow

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Operating cash flow$64.8M-8.6%
CapEx$38.9M-1.5%
Free cash flow$25.9M-17.5%

Valuation

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Market cap$1.67B+22.7%
Enterprise value$3.3B+9.9%
P/E18.2×
P/S0.4×+0.1×

Profitability

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Gross margin38.8%0.0pp
Operating margin5.2%+3.8pp
Net margin2.4%+1.8pp
FCF margin2%-0.8pp

Returns & leverage

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Return on equity7%+5.4pp
Debt / equity1.3×-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 source filing: MillerKnoll’s 10-K, filed July 30, 2024.

Filed
Jul 30, 2024
Fiscal year
FY2024
Accession
0000066382-24-000053
(In millions)Year Ended / June 1, 2024Year Ended / June 3, 2023Year Ended / May 28, 2022
Depreciation expense117.5115.3112.0
Amortization expense37.639.878.6
Loss on sale of equity method investment0.4
Loss on sale of property and dealers(1.0)
Deferred taxes(38.8)(45.3)(21.7)
Pension contributions(1.8)(11.7)(5.0)
Impairment charges16.857.915.5
Loss on extinguishment of debt13.4

Item 8 Financial Statements and Supplementary Data

FAQ

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.

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