MILLERKNOLL INC
For the period ended Nov 30, 2024. Filed Jan 6, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 30, 2024 · Filed Jan 6, 2025
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Stock-Based Compensation
- Stock-Based Compensation
The following table summarizes the stock-based compensation expense and related income tax effect for the three and six months ended:
| Three Months Ended | Six Months Ended | |||
|---|---|---|---|---|
| (In millions) | November 30, 2024 | December 2, 2023 | November 30, 2024 | December 2, 2023 |
| Stock-based compensation expense | $8.8 | $5.3 | $17.9 | $11.7 |
| Related income tax effect | $2.2 | $1.2 | $4.4 | $2.8 |
Certain Company equity-based compensation awards contain provisions that allow for continued vesting into retirement. Stock-based awards are considered fully vested for expense attribution purposes when the employee's retention of the award is no longer contingent on providing subsequent service.
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