XML 49 R5.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands
9 Months Ended
Oct. 01, 2011
Oct. 02, 2010
Net Cash Flows From (To) Operating Activities:  
Net income$ 27,722$ 14,547
Noncash items included in net income:  
Depreciation and amortization35,13545,361
Other postretirement and post employment benefits1,2451,268
Stock-based compensation5,2105,020
Excess tax benefits from stock compensation(99) 
Deferred income taxes7,4128,579
Loss on sale, retirement and impairment of long-lived assets and intangibles3972,468
Stock issued to retirement plan4,9065,400
Other – net(834)1,918
Net increase (decrease) in operating assets and liabiities(18,785)(31,885)
Increase (decrease) in other liabilities4,663(3,557)
Net cash flows from (to) operating activities66,97249,119
Net Cash Flows From (To) Investing Activities:  
Capital expenditures(16,937)(17,834)
Proceeds from sale of property, plant, and equipment2,6972,217
Capitalized software(3,257)(842)
Purchase of long-term investments(14,555)(11,209)
Sales or maturities of long-term investments5,8578,320
Other - net4133,444
Net cash flows from (to) investing activities(25,782)(15,904)
Net Cash Flows From (To) Financing Activities:  
Proceeds from sales of HNI Corporation common stock2,6072,242
Purchase of HNI Corporation common stock(10,000)(17,806)
Proceeds from long-term debt5,45550,157
Payments of note and long-term debt and other financing(5,973)(53,845)
Excess tax benefits from stock compensation99 
Dividends paid(30,940)(29,098)
Net cash flows from (to) financing activities(38,752)(48,350)
Net increase (decrease) in cash and cash equivalents2,438(15,135)
Cash and cash equivalents at beginning of period99,09687,374
Cash and cash equivalents at end of period$ 101,534$ 72,239