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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 29, 2018
Dec. 30, 2017
Dec. 31, 2016
Net Cash Flows From (To) Operating Activities:      
Net income (loss) $ 93,326 $ 89,898 $ 85,638
Non-cash items included in net income:      
Depreciation and amortization 74,788 72,872 68,947
Other post-retirement and post-employment benefits 1,767 1,592 1,643
Stock-based compensation 7,317 7,750 8,141
Excess tax benefits from stock-based compensation 0 0 (2,713)
Deferred income taxes 3,197 (33,606) 20,495
(Gain) loss on sale, retirement, license, and impairment of long-lived assets and intangibles, net 16,264 30,892 28,868
Amortization of deferred gain on sale leaseback transaction (400) 0 0
Other – net (1,336) (1,949) 4,523
Net increase (decrease) in operating assets and liabilities, net of acquisitions and divestitures (10,729) (29,409) 17,430
Increase (decrease) in other liabilities 2,236 (4,891) (9,610)
Net cash flows from (to) operating activities 186,430 133,149 223,362
Net Cash Flows From (To) Investing Activities:      
Capital expenditures (55,648) (109,243) (93,425)
Proceeds from sale and license of property, plant, equipment, and intangibles 23,767 9,009 1,055
Capitalized software (8,048) (18,148) (26,159)
Acquisition spending, net of cash acquired (2,850) (898) (34,302)
Purchase of investments (2,676) (3,451) (8,724)
Sales or maturities of investments 3,100 3,197 8,619
Other – net 1,135 1,510 (90)
Net cash flows from (to) investing activities (41,220) (118,024) (153,026)
Net Cash Flows From (To) Financing Activities:      
Payments of note and long-term debt and other financing (352,727) (274,343) (594,547)
Proceeds from long-term debt 323,075 339,337 611,986
Dividends paid (51,085) (49,557) (48,495)
Purchase of HNI Corporation common stock (30,452) (57,505) (55,825)
Proceeds from sales of HNI Corporation common stock 19,606 14,224 21,596
Withholding related to net share settlements of equity based awards (156) (245) 0
Excess tax benefits from stock-based compensation 0 0 2,713
Net cash flows from (to) financing activities (91,739) (28,089) (62,572)
Net increase (decrease) in cash and cash equivalents 53,471 (12,964) 7,764
Cash and cash equivalents at beginning of year 23,348 36,312 28,548
Cash and cash equivalents at end of year $ 76,819 $ 23,348 $ 36,312