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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 28, 2025
Jun. 29, 2024
Net Cash Flows From (To) Operating Activities:    
Net income $ 62.2 $ 53.7
Non-cash items included in net income:    
Depreciation and amortization 50.5 52.8
Other post-retirement and post-employment benefits 0.5 0.5
Stock-based compensation 10.1 11.7
Deferred income taxes (7.3) (7.6)
Loss on sale of subsidiary 6.4 0.0
Other – net 2.8 2.3
Net decrease in cash from operating assets and liabilities (83.1) (61.2)
Increase (decrease) in other liabilities 1.6 (5.1)
Net cash flows from (to) operating activities 43.7 47.0
Net Cash Flows From (To) Investing Activities:    
Capital expenditures (30.3) (27.3)
Capitalized software (0.9) (1.4)
Purchase of investments (1.5) (1.9)
Sales or maturities of investments 2.3 3.4
Net proceeds from sale of subsidiary 8.5 0.0
Proceeds from sale of property, plant, and equipment 3.5 0.2
Net cash flows from (to) investing activities (18.4) (26.9)
Net Cash Flows From (To) Financing Activities:    
Payments of debt (193.0) (202.4)
Proceeds from debt 293.0 228.6
Dividends paid (31.9) (32.1)
Purchase of HNI Corporation common stock (79.8) (13.4)
Proceeds from sales of HNI Corporation common stock 1.8 1.2
Other – net (6.1) (2.7)
Net cash flows from (to) financing activities (15.8) (20.8)
Net increase (decrease) in cash and cash equivalents 9.5 (0.7)
Cash and cash equivalents at beginning of period 22.5 28.9
Cash and cash equivalents at end of period $ 32.0 $ 28.2