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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Jan. 02, 2016
Jan. 03, 2015
Dec. 28, 2013
Income Statement [Abstract]      
Net sales $ 2,304,419 $ 2,222,695 $ 2,059,964
Cost of products sold 1,457,021 1,438,495 1,344,672
Gross profit 847,398 784,200 715,292
Selling and administrative expenses 672,125 649,055 606,512
(Gain) loss on sale of assets (195) (10,723) 2,460
Restructuring and impairment charges 11,792 33,019 333
Operating income 163,676 112,849 105,987
Interest income 395 418 626
Interest expense 6,901 8,336 9,906
Income before income taxes 157,170 104,931 96,707
Income taxes 51,764 43,776 33,338
Net income 105,406 61,155 63,369
Less: Net (loss) attributable to the noncontrolling interest (30) (316) (314)
Net income attributable to HNI Corporation $ 105,436 $ 61,471 $ 63,683
Net income attributable to HNI Corporation per common share – basic $ 2.38 $ 1.37 $ 1.41
Weighted average shares outstanding – basic 44,285,298 44,759,716 45,250,665
Net income attributable to HNI Corporation per common share – diluted $ 2.32 $ 1.35 $ 1.39
Weighted average shares outstanding - diluted 45,440,653 45,578,872 45,956,280
Foreign currency translation adjustments $ (1,901) $ (691) $ (2,562)
Change in unrealized gains and losses on marketable securities (net of tax) (39) (44) (124)
Change in pension and postretirement liabilty (net of tax) 1,256 (4,622) 2,151
Change in derivative financial instruments (net of tax) 873 (983) 187
Other comprehensive income(loss) net of tax 189 (6,340) (348)
Comprehensive income 105,595 54,815 63,021
Less: Comprehensive (loss) attributable to noncontrolling interest (30) (316) (314)
Comprehensive income attributable to HNI Corporation $ 105,625 $ 55,131 $ 63,335