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Flexsteel Industries, Inc. (FLXS. and settlement of a defined benefit plan associated with the prior wholly owned subsidiary, DMI Furniture, Inc. unfavorably impacted SG&A by 220 basis points.

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Flexsteel manufactures, designs and imports upholstered and wood furniture for the residential, hospitality, office, healthcare and recreational vehicle markets. In 2003, Flexsteel acquired DMI.

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