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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 30, 2019
Mar. 31, 2018
Net Cash Flows From (To) Operating Activities:    
Net income $ 1,020 $ 2,461
Non-cash items included in net income:    
Depreciation and amortization 19,040 18,445
Other post-retirement and post-employment benefits 369 447
Stock-based compensation 2,451 3,712
Operating / finance lease interest and amortization 5,559  
Deferred income taxes 1,119 (1,196)
(Gain) loss on sale and retirement of long-lived assets, net 334 808
Other – net 1,704 (742)
Net increase (decrease) in operating assets and liabilities, net of divestitures (55,038) (55,135)
Increase (decrease) in other liabilities (4,832) 447
Net cash flows from (to) operating activities (28,274) (30,753)
Net Cash Flows From (To) Investing Activities:    
Capital expenditures (17,575) (12,383)
Proceeds from sale of property, plant, and equipment 68 18,353
Capitalized software (1,521) (3,948)
Purchase of investments 0 (605)
Sales or maturities of investments 450 650
Other – net 0 794
Net cash flows from (to) investing activities (18,578) 2,861
Net Cash Flows From (To) Financing Activities:    
Payments of long-term debt (606) (102,693)
Proceeds from long-term debt 46,897 155,047
Dividends paid (12,872) (12,381)
Purchase of HNI Corporation common stock (23,869) (7,345)
Proceeds from sales of HNI Corporation common stock 5,413 2,764
Other – net 2,942 (2,035)
Net cash flows from (to) financing activities 17,905 33,357
Net increase (decrease) in cash and cash equivalents (28,947) 5,465
Cash and cash equivalents at beginning of period 76,819 23,348
Cash and cash equivalents at end of period $ 47,872 $ 28,813