Earnings Per Share

9 Months Ended

Sep. 28, 2019

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share

The following table reconciles the numerators and denominators used in the calculation of basic and diluted earnings per share ("EPS") (in thousands, except per share data):

	Three Months Ended				Nine Months Ended
	September 28, 2019		September 29, 2018		September 28, 2019		September 29, 2018
Numerator:
Numerator for both basic and diluted EPS attributable to HNI Corporation net income	$	46,078	$	39,907	$	62,910	$	61,014
Denominators:
Denominator for basic EPS weighted-average common shares outstanding	42,899		43,823		43,217		43,616
Potentially dilutive shares from stock-based compensation plans	287		856		403		733
Denominator for diluted EPS	43,186		44,679		43,620		44,349
Earnings per share – basic	$	1.07	$	0.91	$	1.46	$	1.40
Earnings per share – diluted	$	1.07	$	0.89	$	1.44	$	1.38

The weighted-average common stock equivalents presented above do not include the effect of the common stock equivalents in the table below because their inclusion would be anti-dilutive.

	Three Months Ended		Nine Months Ended
	September 28, 2019	September 29, 2018	September 28, 2019	September 29, 2018
Common stock equivalents excluded because their inclusion would be anti-dilutive (in thousands)	2,731	1,273	2,118	1,474