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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 02, 2022
Jan. 01, 2022
Current Assets:    
Cash and cash equivalents $ 23,483 $ 52,270
Short-term investments 1,335 1,392
Receivables 253,075 239,955
Allowance for doubtful accounts (3,093) (2,813)
Inventories, net 206,561 181,591
Prepaid expenses and other current assets 51,559 51,099
Total Current Assets 532,920 523,494
Property, Plant, and Equipment:    
Land and land improvements 30,940 30,851
Buildings 295,715 294,545
Machinery and equipment 601,776 593,630
Construction in progress 27,905 29,663
Property plant and equipment, at cost 956,336 948,689
Less: Accumulated depreciation (592,695) (581,909)
Net Property, Plant, and Equipment 363,641 366,780
Right-of-use Finance Leases 11,444 10,173
Right-of-use Operating Leases 95,812 82,881
Goodwill and Other Intangible Assets 467,217 471,502
Other Assets 53,970 43,067
Total Assets 1,525,004 1,497,897
Current Liabilities:    
Accounts payable and accrued expenses 434,793 473,753
Current maturities of debt 2,165 3,221
Current maturities of other long-term obligations 1,880 3,910
Current lease obligations - finance 3,226 2,765
Current lease obligations - operating 20,797 22,799
Total Current Liabilities 462,861 506,448
Long-Term Debt 240,929 174,608
Long-Term Lease Obligations - Finance 8,173 7,373
Long-Term Lease Obligations - Operating 78,779 63,757
Other Long-Term Liabilities 78,198 80,736
Deferred Income Taxes 74,024 75,008
Total Liabilities 942,964 907,930
Equity:    
HNI Corporation shareholders' equity 581,718 589,644
Non-controlling interest 322 323
Total Equity 582,040 589,967
Total Liabilities and Equity $ 1,525,004 $ 1,497,897