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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2018
Dec. 30, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Net sales $ 2,257,895 $ 2,175,882 $ 2,203,489
Cost of sales 1,422,857 1,391,894 1,368,476
Gross profit 835,038 783,988 835,013
Selling and administrative expenses 691,140 671,831 667,744
(Gain) loss on sale, disposal, and license of assets 0 (1,949) 22,572
Restructuring and impairment charges 15,725 37,416 11,005
Operating income 128,173 76,690 133,692
Interest income 579 297 305
Interest expense 10,027 6,375 5,086
Total 118,725 70,612 128,911
Income tax expense (benefit) 25,399 (19,286) 43,273
Net income 93,326 89,898 85,638
Less: Net income (loss) attributable to non-controlling interest (51) 103 61
Net income attributable to HNI Corporation $ 93,377 $ 89,795 $ 85,577
Average number of common shares outstanding – basic (shares) 43,639,003 43,839,004 44,413,941
Net income attributable to HNI Corporation per common share – basic (in dollars per share) $ 2.14 $ 2.05 $ 1.93
Average number of common shares outstanding - diluted (shares) 44,327,602 44,839,813 45,502,219
Net income attributable to HNI Corporation per common share – diluted (in dollars per share) $ 2.11 $ 2.00 $ 1.88
Foreign currency translation adjustments $ (3,004) $ 1,219 $ (1,510)
Change in unrealized gains (losses) on marketable securities, net of tax (24) (27) (103)
Change in pension and post-retirement liability, net of tax 2,701 (463) 339
Change in derivative financial instruments, net of tax 339 660 1,460
Other comprehensive income (loss), net of tax 12 1,389 186
Comprehensive income 93,338 91,287 85,824
Less: Comprehensive income (loss) attributable to non-controlling interest (51) 103 61
Comprehensive income attributable to HNI Corporation $ 93,389 $ 91,184 $ 85,763