Company profile

Ticker
MLHR
Exchange
CEO
Andrea Owen
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Miller Herman Inc
SEC CIK
IRS number
380837640

MLHR stock data

(
)

Calendar

8 Oct 19
11 Dec 19
30 May 20

News

Company financial data Financial data

Quarter (USD) Aug 19 Jun 19 Mar 19 Dec 18
Revenue 670.9M 671M 619M 652.6M
Net income 48.2M 46.2M 39.2M 39.3M
Diluted EPS 0.81 0.78 0.66 0.66
Net profit margin 7.18% 6.89% 6.33% 6.02%
Operating income 60.1M 56.6M 47.8M 53.1M
Net change in cash 300K 45.7M -100K 11.9M
Cash on hand 159.5M 159.2M 113.5M 113.6M
Cost of revenue 424.8M 422.8M 398M 417M
Annual (USD) Jun 19 May 16 May 15
Revenue 2.57B 2.26B 2.14B
Net income 160.5M 136.7M 97.5M
Diluted EPS 2.7 2.26 1.62
Net profit margin 6.25% 6.04% 4.55%
Operating income 203.5M 211.5M 163.4M
Net change in cash 74.3M 21.2M
Cash on hand 159.2M 84.9M 63.7M
Cost of revenue 1.64B 1.39B 1.35B

Financial data from company earnings reports

Financial report summary

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Risks
  • Tariffs imposed by the U.S. government could have a material adverse effect on our results of operations.
  • Adverse economic and industry conditions could have a negative impact on our business, results of operations, and financial condition.
  • The markets in which we operate are highly competitive and we may not be successful in winning new business.
  • Our business presence outside the United States exposes us to certain risks that could negatively affect our results of operations and financial condition.
  • We are subject to risks and costs associated with protecting the integrity and security of our systems and confidential information.
  • A sustained downturn in the economy could adversely impact our access to capital.
  • Disruptions in the supply of raw and component materials could adversely affect our manufacturing and assembly operations.
  • Increases in the market prices of manufacturing materials may negatively affect our profitability.
  • Disruptions within our dealer network could adversely affect our business.
  • Increasing competition for highly skilled and talented workers could adversely affect our business.
  • Costs related to product defects could adversely affect our profitability.
  • We are subject to risks associated with self-insurance related to health benefits.
  • Government and other regulations could adversely affect our business.
Management Discussion
  • Consolidated net trade orders for fiscal 2019 totaled $2,614.9 million compared to $2,408.2 million in fiscal 2018, an increase of 8.6 percent. On an organic basis, which excludes the impact of the adoption of ASC 606, as well as foreign currency translation and dealer divestitures, orders increased by 7.7 percent from last fiscal year. The impact of the adoption of ASC 606 increased orders by $35.7 million in the current year and changes in foreign currency for the fiscal year increased orders by approximately $13.7 million as compared to the prior year. Dealer divestitures had a $2.2 million unfavorable impact on current year orders.
  • The Company's backlog of unfilled orders at the end of fiscal 2019 totaled $394.2 million, a 12.4 percent increase from the fiscal 2018 ending backlog of $350.7 million.
  • (1) Non-GAAP measurements; see accompanying reconciliations and explanations.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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