SCS is in good shape to weather the storm. It's $250 million of long term debt is investment grade rated. It has good liquidity. The company has approx. $220 million available of its authorized $250 million stock buy back plan.
I think we can safely assume the dividend will be cut. They'd better cut it at least to preserve what shareholder equity is left! Miller are in trouble, as are Knoll. Steelcase will emerge the winner within 5 years, but it's going to be an ugly ride with MAJOR corporate cutbacks/downsizing along the way there.