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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 28, 2020
Mar. 30, 2019
Income Statement [Abstract]    
Net sales $ 468,704 $ 479,456
Cost of sales 292,686 309,842
Gross profit 176,018 169,614
Selling and administrative expenses 167,085 165,937
Impairment of goodwill and intangible assets 32,661 0
Operating income (loss) (23,728) 3,677
Interest expense, net 1,811 2,111
Income (loss) before income taxes (25,539) 1,566
Income taxes (1,643) 546
Net income (loss) (23,896) 1,020
Less: Net income (loss) attributable to non-controlling interest (1) (2)
Net income (loss) attributable to HNI Corporation $ (23,895) $ 1,022
Average number of common shares outstanding – basic (in shares) 42,628 43,534
Net income attributable to HNI Corporation per common share – basic (in dollars per share) $ (0.56) $ 0.02
Average number of common shares outstanding – diluted (in shares) 42,628 44,089
Net income attributable to HNI Corporation per common share – diluted (in dollars per share) $ (0.56) $ 0.02
Foreign currency translation adjustments $ (600) $ 963
Change in unrealized gains (losses) on marketable securities, net of tax 59 90
Change in pension and post-retirement liability, net of tax 0 (1,185)
Change in derivative financial instruments, net of tax (2,216) (309)
Other comprehensive income (loss), net of tax (2,757) (441)
Comprehensive income (loss) (26,653) 579
Less: Comprehensive loss attributable to non-controlling interest (1) (2)
Comprehensive income (loss) attributable to HNI Corporation $ (26,652) $ 581