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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2017
Apr. 02, 2016
Net Cash Flows From (To) Operating Activities:    
Net income $ 4,781 $ 11,842
Noncash items included in net income:    
Depreciation and amortization 18,839 15,251
Other post-retirement and post-employment benefits 398 411
Stock-based compensation 4,671 5,340
Excess tax benefits from stock compensation 0 (6)
Deferred income taxes 646 2,711
(Gain) loss on sale, retirement and impairment of long-lived assets and intangibles, net 784 60
Other – net (1,890) 1,589
Net increase (decrease) in operating assets and liabilities (57,899) (54,239)
Increase (decrease) in other liabilities (2,339) (3,189)
Net cash flows from (to) operating activities (32,009) (20,230)
Net Cash Flows From (To) Investing Activities:    
Capital expenditures (25,072) (21,270)
Proceeds from sale of property, plant and equipment 76 151
Capitalized software (7,704) (6,187)
Acquisition spending, net of cash acquired 0 (34,064)
Purchase of investments (1,539) (958)
Sales or maturities of investments 1,611 900
Other – net 1,510 502
Net cash flows from (to) investing activities (31,118) (60,926)
Net Cash Flows From (To) Financing Activities:    
Proceeds from sales of HNI Corporation common stock 1,798 1,005
Withholding related to net share settlements of equity based awards (209) 0
Purchase of HNI Corporation common stock (11,266) (1,692)
Proceeds from long-term debt 146,331 273,154
Payments of note and long-term debt and other financing (68,579) (169,540)
Excess tax benefits from stock compensation 0 6
Dividends paid (12,132) (11,759)
Net cash flows from (to) financing activities 55,943 91,174
Net increase (decrease) in cash and cash equivalents (7,184) 10,018
Cash and cash equivalents at beginning of period 36,312 28,548
Cash and cash equivalents at end of period $ 29,128 $ 38,566