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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jul. 02, 2011
Jan. 01, 2011
CURRENT ASSETS    
Cash and Cash Equivalents $ 46,763 $ 99,096
Short-term Investments 13,210 10,567
Receivables 210,105 190,118
Inventories (Note C) 101,042 68,956
Deferred income taxes 21,985 18,467
Prepaid expenses and other current assets 30,040 20,957
Total Current Assets 423,145 408,161
PROPERTY, PLANT, AND EQUIPMENT, at cost    
Land and land improvements 21,468 21,554
Buildings 258,135 257,819
Machinery and Equipment 460,055 474,911
Construction in Progress 7,914 10,221
Property plant and equipment at cost 747,572 764,505
Less accumulated depreciation 523,698 532,724
Net Property, Plant, and Equipment 223,874 231,781
GOODWILL 260,634 260,634
OTHER ASSETS 96,220 97,304
Total Assets 1,003,873 997,880
CURRENT LIABILITIES    
Accounts payable and accrued expenses 320,753 311,066
Note payable and current maturities of long-term debt and capital lease obligations 50,105 50,029
Current maturities of other long-term obligations 261 256
Total Current Liabilities 371,119 361,351
LONG-TERM DEBT 150,000 150,000
CAPITAL LEASE OBLIGATIONS 396 111
OTHER LONG-TERM LIABILITIES 50,647 47,437
DEFERRED INCOME TAXES 38,541 30,525
Capital Stock:    
Preferred, $1 par value, authorized 2,000,000 shares, no shares outstanding 0 0
Common, $1 par value, authorized 200,000,000 shares, outstanding - July 2, 2011 44,780,796 shares, January 1, 2011 – 44,840,701 shares 44,781 44,841
Additional paid-in capital 19,364 18,011
Retained earnings 325,738 343,474
Accumulated other comprehensive income 2,887 1,659
Total HNI Corporation shareholders equity 392,770 407,985
Noncontrolling interest 400 471
Total Equity 393,170 408,456
Total Liabilities and Equity $ 1,003,873 $ 997,880