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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 29, 2025
Mar. 30, 2024
Net Cash Flows From (To) Operating Activities:    
Net income $ 13.9 $ 17.7
Non-cash items included in net income:    
Depreciation and amortization 25.5 26.4
Other post-retirement and post-employment benefits 0.3 0.3
Stock-based compensation 6.8 7.7
Deferred income taxes (2.0) (2.1)
Asset impairment charges 5.9 0.0
Other – net 0.3 0.6
Net decrease in cash from operating assets and liabilities (38.0) (47.6)
Decrease in other liabilities (0.1) (7.2)
Net cash flows from (to) operating activities 12.6 (4.3)
Net Cash Flows From (To) Investing Activities:    
Capital expenditures (15.7) (10.7)
Capitalized software (0.6) (0.5)
Purchase of investments (0.1) (0.6)
Sales or maturities of investments 0.7 1.2
Proceeds from sale of property, plant, and equipment 3.5 0.1
Net cash flows from (to) investing activities (12.2) (10.6)
Net Cash Flows From (To) Financing Activities:    
Payments of debt (68.2) (81.5)
Proceeds from debt 129.1 118.6
Dividends paid (16.2) (16.6)
Purchase of HNI Corporation common stock (40.4) (2.6)
Proceeds from sales of HNI Corporation common stock 0.8 0.6
Other – net (6.2) (5.6)
Net cash flows from (to) financing activities (1.1) 12.9
Net decrease in cash and cash equivalents including cash classified within current assets held for sale (0.8) (2.0)
Less: net increase in cash classified within current assets held for sale 0.6 0.0
Net decrease in cash and cash equivalents (1.4) (2.0)
Cash and cash equivalents at beginning of period 22.5 28.9
Cash and cash equivalents at end of period $ 21.1 $ 27.0