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Revenue from Contracts with Customers
 3 Months Ended
Mar. 29, 2025
Revenue from Contract with Customer [Abstract]  
Revenue from Contracts with Customers Revenue from Contracts with Customers
Disaggregation of Revenue
Revenue from contracts with customers disaggregated by product category is as follows:
Three Months Ended
March 29,
2025		March 30,
2024
Systems, storage, and tables$275.2 $279.5 
Seating133.5 126.0 
Other(1)
32.3 34.2 
Total workplace furnishings441.1 439.8 
Residential building products158.7 148.2 
Net sales$599.8 $588.0 

(1) The other category consists of education-specific furnishings, architectural products, workspace accessories, and miscellaneous product lines and services.

Sales by product category are subject to similar economic factors and market conditions. See "Note 14. Reportable Segment Information" for further information about operating segments.

Contract Assets and Contract Liabilities
In addition to trade receivables, the Corporation has contract assets consisting of funds paid up-front to certain workplace furnishings dealers in exchange for their multi-year commitment to market and sell the Corporation’s products. These contract assets are amortized over the term of the contracts and recognized as a reduction of revenue. The Corporation has contract liabilities consisting of customer deposits and rebate and marketing program liabilities.
Contract assets and contract liabilities were as follows:
March 29,
2025		December 28,
2024
Trade receivables (1)$236.4 $248.4 
Contract assets (current) (2)$2.8 $3.2 
Contract assets (long-term) (3)$27.2 $26.2 
Contract liabilities - Customer deposits (4)$34.0 $42.1 
Contract liabilities - Accrued rebate and marketing programs (4)$22.0 $25.4 

Balances as of March 29, 2025 in the table above exclude amounts classified as held for sale, see "Note 3. Held for Sale" for further information. The decrease in customer deposits compared to the prior year end was driven by project fulfillment timing in the hospitality customer channel.

The index below indicates the line item in the Condensed Consolidated Balance Sheets where contract assets and contract liabilities are reported:

(1)     "Receivables"
(2)     "Prepaid expenses and other current assets"
(3)     "Other Assets"
(4)     "Accounts payable and accrued expenses"

Contract liabilities for customer deposits paid to the Corporation prior to the satisfaction of performance obligations are recognized as revenue upon completion of the performance obligations. The contract liability balance related to customer deposits was $42.1 million as of December 28, 2024, of which $30.4 million was recognized as revenue in the three-month period ended March 29, 2025.