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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 03, 2021
Jan. 02, 2021
Current Assets:    
Cash and cash equivalents $ 118,498 $ 116,120
Short-term investments 102 1,687
Receivables 213,925 207,971
Allowance for doubtful accounts (4,365) (5,514)
Inventories 187,467 137,811
Prepaid expenses and other current assets 47,571 37,660
Total Current Assets 563,198 495,735
Property, Plant, and Equipment:    
Land and land improvements 29,974 29,691
Buildings 293,842 293,708
Machinery and equipment 580,730 578,643
Construction in progress 24,310 17,750
Property plant and equipment, at cost 928,856 919,792
Less accumulated depreciation 568,551 553,835
Net Property, Plant, and Equipment 360,305 365,957
Right-of-use Finance Leases 9,671 6,095
Right-of-use Operating Leases 66,254 70,219
Goodwill and Other Intangible Assets 451,624 458,896
Other Assets 26,136 21,130
Total Assets 1,477,188 1,418,032
Current Liabilities:    
Accounts payable and accrued expenses 420,706 413,638
Current maturities of long-term debt 3,955 841
Current maturities of other long-term obligations 4,119 2,990
Current lease obligations - finance 2,439 1,589
Current lease obligations - operating 19,680 19,970
Total Current Liabilities 450,899 439,028
Long-Term Debt 174,566 174,524
Long-Term Lease Obligations - Finance 7,193 4,516
Long-Term Lease Obligations - Operating 50,710 53,249
Other Long-Term Liabilities 85,710 81,264
Deferred Income Taxes 73,327 74,706
Total Liabilities 842,405 827,287
Equity:    
HNI Corporation shareholders' equity 634,460 590,419
Non-controlling interest 323 326
Total Equity 634,783 590,745
Total Liabilities and Equity $ 1,477,188 $ 1,418,032