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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Oct. 03, 2015
Sep. 27, 2014
Income Statement [Abstract]        
Net sales $ 615,850 $ 614,690 $ 1,707,553 $ 1,576,034
Cost of sales 384,219 394,758 1,085,298 1,019,797
Gross profit 231,631 219,932 622,255 556,237
Selling and administrative expenses 170,365 166,201 506,336 466,693
(Gain)/loss on sale of assets 6 15 18 (9,725)
Restructuring and impairment 172 987 (12) 11,241
Operating income 61,088 52,729 115,913 88,028
Interest income 110 110 318 326
Interest expense 1,733 1,971 5,689 6,360
Income before income taxes 59,465 50,868 110,542 81,994
Income taxes 18,619 17,372 37,367 27,817
Net income 40,846 33,496 73,175 54,177
Less: Net (loss) attributable to the noncontrolling interest (2) (92) (30) (212)
Net income attributable to HNI Corporation $ 40,848 $ 33,588 $ 73,205 $ 54,389
Net income attributable to HNI Corporation per common share – basic (in dollars per share) $ 0.92 $ 0.75 $ 1.65 $ 1.21
Average number of common shares outstanding – basic 44,263,027 44,689,819 44,327,608 44,916,038
Net income attributable to HNI Corporation per common share – diluted (in dollars per share) $ 0.90 $ 0.74 $ 1.61 $ 1.19
Average number of common shares outstanding – diluted 45,402,537 45,611,099 45,516,521 45,758,502
Cash dividends per common share (in dollars per share) $ 0.265 $ 0.25 $ 0.78 $ 0.74
Other comprehensive income/(loss), net of tax: three months 2015 $(151); 2014 $(197); nine months 2015 $168; 2014 $(216) $ (1,637) $ (825) $ (922) $ (427)
Comprehensive income 39,209 32,671 72,253 53,750
Less: Comprehensive (loss) attributable to noncontrolling interest (2) (92) (30) (212)
Comprehensive income attributable to HNI Corporation $ 39,211 $ 32,763 $ 72,283 $ 53,962