XML 31 R11.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share
 9 Months Ended
Sep. 28, 2013
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 28, 2013
 
September 29, 2012
 
September 28, 2013
 
September 29, 2012
Numerators:
 
 
 
 
 
 
 
 
Numerator for both basic and diluted EPS attributable to HNI Corporation net income
 
$
28,094

 
$
24,490

 
$
40,923

 
$
31,374

Denominators:
 
 

 
 

 
 
 
 
Denominator for basic EPS weighted-average common shares outstanding
 
45,318

 
45,224

 
45,295

 
45,265

Potentially dilutive shares from stock-based compensation plans
 
772

 
596

 
657

 
575

Denominator for diluted EPS
 
46,090

 
45,820

 
45,952

 
45,840

Earnings per share – basic
 
$
0.62

 
$
0.54

 
$
0.90

 
$
0.69

Earnings per share – diluted
 
$
0.61

 
$
0.53

 
$
0.89

 
$
0.68



The weighted average common stock equivalents presented above do not include the effect of 869,586 common stock equivalents for the three and nine months ended September 28, 2013 and 1,762,597 common stock equivalents for the three and nine months ended September 29, 2012 because their inclusion would be anti-dilutive.