Knoll, Inc. is a constellation of design-driven brands and people, working together with our clients in person and digitally to create inspired modern interiors. Its internationally recognized portfolio includes furniture, textiles, leathers, accessories, and architectural and acoustical elements. Its brands — Knoll Office, KnollStudio, KnollTextiles, KnollExtra, Spinneybeck | FilzFelt, Edelman Leather, HOLLY HUNT, DatesWeiser, Muuto, and Fully — reflect our commitment to modern design that meets the diverse requirements of high performance workplaces, work from home settings and luxury residential interiors. A recipient of the National Design Award for Corporate and Institutional Achievement from the Smithsonian`s Cooper-Hewitt, National Design Museum, Knoll, Inc. is aligned with the U.S. Green Building Council and the Canadian Green Building Council and can help organizations achieve the Leadership in Energy and Environmental Design (LEED) workplace certification. Its products can also help clients comply with the International Living Future Institute to achieve Living Building Challenge Certification, and with the International WELL Building Institute to attain WELL Building Certification. Knoll, Inc. is the founding sponsor of the World Monuments Fund Modernism at Risk program.

Company profile
Ticker
KNL
Exchange
Website
CEO
Andrew Cogan
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Knoll North America Corp • Spinneybeck Enterprises, Inc. • Edelman Leather, LLC • FHI, LLC • Knoll Overseas, Inc. • Knoll Muebles de México S. de R.L. de C.V. • Knoll APAC PTE LTD. • Holly Hunt Enterprises, Inc. • Holly Hunt Do Brasil Importação E Comércio De Mobiliários LTDA • HH Ruseau, LLC ...
IRS number
133873847
KNL stock data
Calendar
7 May 21
26 Jun 22
31 Dec 22
Financial summary
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Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.8M | 10.8M | 10.8M | 10.8M | 10.8M | 10.8M |
Cash burn (monthly) | 8.83M | 9.98M | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 131.4M | 148.5M | n/a | n/a | n/a | n/a |
Cash remaining | -120.6M | -137.7M | n/a | n/a | n/a | n/a |
Runway (months of cash) | -13.7 | -13.8 | n/a | n/a | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
19 Jul 21 | Christopher M Baldwin | Common Stock | Sale back to company | Dispose D | No | No | 0 | 44,466 | 0 | 0 |
19 Jul 21 | Christopher M Baldwin | RSU Common Stock | Sale back to company | Dispose D | No | No | 0 | 37,841 | 0 | 0 |
19 Jul 21 | Dienst Daniel W | Common Stock | Sale back to company | Dispose D | No | No | 0 | 26,036 | 0 | 0 |
19 Jul 21 | Fisher Stephen F | Common Stock | Sale back to company | Dispose D | No | No | 0 | 65,181 | 0 | 0 |
19 Jul 21 | Harris Jeffrey | Common Stock | Sale back to company | Dispose D | No | No | 0 | 107,191 | 0 | 0 |
19 Jul 21 | Jeffrey Alan Henderson | Common Stock | Sale back to company | Dispose D | No | No | 0 | 9,418 | 0 | 0 |
Institutional ownership, Q4 2021
27.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 3 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
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Total value | 332.15M |
Total shares | 13.51M |
Total puts | 0 |
Total calls | 0 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Global Furniture Holdings S.a r.l | 10.1M | $240.67M |
Integrated Core Strategies | 3.41M | $91.48M |
Arp Americas | 0 | $0 |
Financial report summary
?Risks
- The proposed merger (the “Merger”) of the Company with Herman Miller, Inc. is subject to certain closing conditions that, if not satisfied or waived, will result in the Merger not being completed, which may cause the market price of the Company’s common stock to decline.
- Whether or not the proposed Merger is completed, the announcement and pendency of the Merger could cause disruptions in the businesses of the Company and Herman Miller, which could have an adverse effect on our (and Herman Miller’s) business and financial results.
- Herman Miller and the Company have agreed in the Merger Agreement to take certain actions to address certain potential antitrust issues, including potential sales, divestments, transfers or other transactions affecting Herman Miller’s business.
- Herman Miller’s failure to integrate the Company successfully and on a timely basis into Herman Miller’s operations could adversely impact Herman Miller’s business and financial results.
- The results of Herman Miller’s operations after the Merger may be affected by factors different from, or in addition to, those currently affecting the Company’s results of operations, and the market value of Herman Miller’s common stock may decrease after the closing date of the Merger.
Management Discussion
- ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
- Management’s discussion and analysis of financial condition and results of operations provides an account of our financial performance and financial condition that should be read in conjunction with the accompanying unaudited condensed consolidated financial statements.
- This quarterly report on Form 10-Q contains forward-looking statements, principally in the sections entitled “Business,” “Risk Factors,” “Management's Discussion and Analysis of Financial Condition and Results of Operations,” and “Quantitative and Qualitative Disclosures About Market Risk.” Statements and financial discussion and analysis contained in this Form 10-Q that are not historical facts are forward-looking statements. These statements discuss goals, intentions and expectations as to future financial position, results of operations, revenue and profit levels, cash flows, business strategy, budgets, projected costs, capital expenditures, products, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan,", "goals," "estimate," "expect," "forecast," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. This includes, without limitation, our statements and expectations regarding any current or future recovery in our industry, our plans for reduced capital and operating expenditures and enhanced liquidity measures, our integration of acquired businesses, our supply chain and manufacturing footprint optimization plans, our expectations with respect to changes in the way companies implement "return to work", "work from home" and remote work strategies, and our expectations with respect to the payment of future dividends and leverage. Such forward-looking statements are inherently uncertain, and readers must recognize that actual results may differ materially from the expectations of management. Except as required under the Federal securities laws and the rules and regulations of the SEC, we do not undertake a duty to update such forward-looking statements. Factors that may cause actual results to differ materially from those in the forward-looking statements include corporate spending and service-sector employment, price competition, acceptance of our new products, the pricing and availability of raw materials and components, foreign currency exchange, transportation costs, demand for high quality, well designed furniture and interior solutions, changes in the competitive marketplace, changes in the trends in the market for furniture or coverings, and the way and places where people work, the financial strength and stability of our suppliers, customers and dealers, access to capital, our success in designing and implementing our new enterprise resource planning system, our ability to successfully integrate acquired businesses, our supply chain optimization initiatives, the uncertainty and ultimate economic impact of the COVID-19 pandemic and other risks identified in our annual report on Form 10-K, and other filings with the SEC. Many of these factors are outside of our control.
Content analysis
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H.S. junior Avg
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Financial reports
Current reports
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
21 Jul 21
8-K
Termination of a Material Definitive Agreement
20 Jul 21
8-K
Herman Miller and Knoll Shareholders Approve Merger-Related Proposals
14 Jul 21
8-K
Other Events
1 Jul 21
8-K
Other Events
3 Jun 21
8-K
Submission of Matters to a Vote of Security Holders
14 May 21
8-K
Other Events
12 May 21
8-K
Knoll Reports First Quarter Results
28 Apr 21
8-K
Voting and Support Agreement
22 Apr 21
8-K
Herman Miller and Knoll to Combine, Creating the Preeminent Leader in Modern Design, Catalyzing the Transformation of the Home and Office
19 Apr 21
Registration and prospectus
15-12B
Securities registration termination
30 Jul 21
POSASR
Automatic shelf registration (post-effective amendment)
20 Jul 21
25-NSE
Exchange delisting
20 Jul 21
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Jul 21
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Jul 21
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Jul 21
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Jul 21
S-8 POS
Registration of securities for employees (post-effective amendment)
19 Jul 21
POS AM
Prospectus update (post-effective amendment)
19 Jul 21
425
Business combination disclosure
1 Jul 21
Proxies
Other
EFFECT
Notice of effectiveness
21 Jul 21
SD
Conflict minerals disclosure
28 May 21
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
UPLOAD
Letter from SEC
20 Dec 18
CORRESP
Correspondence with SEC
6 Dec 18
UPLOAD
Letter from SEC
20 Nov 18
SD
Conflict minerals disclosure
31 May 18
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
30 May 16
Ownership
SC 13G/A
KNOLL / Vulcan Value Partners ownership change
14 Feb 22
SC 13G/A
KNOLL / SILVERCREST ASSET MANAGEMENT ownership change
14 Feb 22
SC 13G/A
KNOLL / Versor Investments ownership change
8 Feb 22
4
KNOLL / Michael A Pollner ownership change
21 Jul 21
4
KNOLL / Benjamin A Pardo ownership change
21 Jul 21
4
KNOLL / Esohe Omoruyi ownership change
21 Jul 21
4
KNOLL / ROXANNE B KLEIN ownership change
21 Jul 21
4
KNOLL / Andrew B Cogan ownership change
21 Jul 21
4
KNOLL / Stephanie Stahl ownership change
21 Jul 21
4
KNOLL / Charles W Rayfield ownership change
21 Jul 21
Patents
Design
Chair
7 Jun 22
Inventors: Alberto Velez
Design
Chair
7 Jun 22
Inventors: Alberto Velez
Design
Light fixture
3 May 22
Inventors: Alberto Velez
Utility
Screen attachment apparatus and method of positioning a screen adjacent a work surface
19 Apr 22
A privacy screen attachment apparatus can include a screen body having a plurality of elongated recesses.
Design
Cabinet
19 Apr 22
Inventors: Alberto Velez
Transcripts
2020 Q4
Earnings call transcript
11 Feb 21
2020 Q3
Earnings call transcript
26 Oct 20
2020 Q2
Earnings call transcript
23 Jul 20
2020 Q1
Earnings call transcript
27 Apr 20
2019 Q4
Earnings call transcript
18 Feb 20
2019 Q3
Earnings call transcript
24 Oct 19
2019 Q2
Earnings call transcript
26 Jul 19
2019 Q1
Earnings call transcript
26 Apr 19
2018 Q4
Earnings call transcript
7 Feb 19
2018 Q3
Earnings call transcript
30 Oct 18