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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Jan. 02, 2016
Jan. 03, 2015
Net Cash Flows From (To) Operating Activities:      
Net income (loss) $ 85,638 $ 105,406 $ 61,155
Noncash items included in net income:      
Depreciation and amortization 68,947 57,564 56,722
Other post-retirement and post-employment benefits 1,643 1,856 1,239
Stock-based compensation 8,141 9,097 8,597
Excess tax benefits from stock compensation (2,713) (1,581) (2,161)
Deferred income taxes 20,495 15,257 14,655
(Gain) loss on sale, retirement and impairment of long-lived assets and intangibles, net 28,868 12,463 19,055
Other – net 4,523 (1,216) 4,693
Net increase (decrease) in operating assets and liabilities, net of acquisitions and divestitures 17,430 (28,075) 2,322
Increase (decrease) in other liabilities (9,610) 2,581 1,519
Net cash flows from (to) operating activities 223,362 173,352 167,796
Net Cash Flows From (To) Investing Activities:      
Capital expenditures 93,425 82,610 74,323
Proceeds from sale of property, plant and equipment 1,055 2,201 16,361
Capitalized software (26,159) (32,356) (38,390)
Acquisition spending, net of cash acquired (34,302) 0 (61,823)
Purchase of investments (8,724) (3,660) (3,801)
Sales or maturities of investments 8,619 3,550 7,770
Other – net (90) 0 (4)
Net cash flows from (to) investing activities (153,026) (112,875) (154,210)
Net Cash Flows From (To) Financing Activities:      
Proceeds from sale of HNI Corporation common stock 21,596 12,276 18,469
Withholding related to net share settlements of equity based awards 0 (171) (79)
Purchase of HNI Corporation common stock (55,825) (26,657) (67,908)
Proceeds from note and long-term debt 611,986 448,449 282,808
Payments of note and long-term debt and other financing (594,547) (455,222) (235,595)
Excess tax benefits from stock compensation 2,713 1,581 2,161
Dividends paid (48,495) (46,329) (44,328)
Net cash flows from (to) financing activities (62,572) (66,073) (44,472)
Net increase (decrease) in cash and cash equivalents 7,764 (5,596) (30,886)
Cash and cash equivalents at beginning of year 28,548 34,144 65,030
Cash and cash equivalents at end of year $ 36,312 $ 28,548 $ 34,144