XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Income Statement [Abstract]        
Net sales $ 683.8 $ 672.2 $ 1,950.6 $ 1,883.9
Cost of sales 395.7 393.4 1,138.0 1,110.9
Gross profit 288.1 278.8 812.6 773.0
Selling and administrative expenses 222.7 208.4 645.7 617.3
Restructuring, impairment, and loss on divestiture 0.8 1.6 9.7 3.7
Operating income 64.6 68.9 157.2 151.9
Interest expense, net 7.2 7.1 18.9 22.1
Income before income taxes 57.4 61.8 138.3 129.8
Income taxes 16.2 14.3 34.9 28.6
Net income 41.2 47.5 103.4 101.2
Less: Net income (loss) attributable to non-controlling interest 0.0 0.0 0.0 0.0
Net income attributable to HNI Corporation $ 41.2 $ 47.5 $ 103.4 $ 101.2
Average number of common shares outstanding – basic (in shares) 45.8 47.7 46.3 47.3
Net income attributable to HNI Corporation per common share – basic (in dollars per share) $ 0.90 $ 1.00 $ 2.23 $ 2.14
Average number of common shares outstanding – diluted (in shares) 46.7 48.7 47.3 48.4
Net income attributable to HNI Corporation per common share – diluted (in dollars per share) $ 0.88 $ 0.98 $ 2.19 $ 2.09
Foreign currency translation adjustments $ 0.1 $ 0.0 $ 6.3 $ (0.1)
Change in unrealized gains (losses) on marketable securities, net of tax 0.0 0.3 0.2 0.3
Change in pension and post-retirement liability, net of tax 0.0 0.0 2.0 0.0
Change in derivative financial instruments, net of tax 0.2 (1.8) (0.5) 0.0
Other comprehensive income (loss), net of tax 0.3 (1.4) 8.1 0.2
Comprehensive income 41.5 46.1 111.5 101.4
Less: Comprehensive income (loss) attributable to non-controlling interest 0.0 0.0 0.0 0.0
Comprehensive income attributable to HNI Corporation $ 41.5 $ 46.1 $ 111.5 $ 101.4