XML 49 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Earnings Per Share
 9 Months Ended
Sep. 29, 2012
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

The following table reconciles the numerators and denominators used in the calculation of basic and diluted earnings per share ("EPS"):

 
 
Three Months Ended
 
Nine Months Ended
(In thousands, except per share data)
 
September 29, 2012
 
October 1, 2011
 
September 29, 2012
 
October 1, 2011
Numerators:
 
 
 
 
 
 
 
 
Numerator for both basic and diluted EPS attributable to HNI Corporation net income
 
$
24,490

 
$
24,947

 
$
31,374

 
$
27,849

Denominators:
 
 

 
 

 
 
 
 
Denominator for basic EPS weighted-average common shares outstanding
 
45,224

 
44,787

 
45,265

 
44,795

Potentially dilutive shares from stock-based compensation plans
 
596

 
850

 
575

 
889

Denominator for diluted EPS
 
45,820

 
45,637

 
45,840

 
45,684

Earnings per share – basic
 
$
0.54

 
$
0.56

 
$
0.69

 
$
0.62

Earnings per share – diluted
 
$
0.53

 
$
0.55

 
$
0.68

 
$
0.61



The weighted average common stock equivalents presented above do not include the effect of 1,762,597 and 1,762,597, and 2,210,257 and 1,815,085 of common stock equivalents for the three and nine months ended September 29, 2012 and October 1, 2011, respectively, because their inclusion would be anti-dilutive.