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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 02, 2021
Sep. 26, 2020
Oct. 02, 2021
Sep. 26, 2020
Income Statement [Abstract]        
Net sales $ 586,750 $ 507,063 $ 1,581,498 $ 1,393,224
Cost of sales 391,394 321,516 1,018,334 880,754
Gross profit 195,356 185,547 563,164 512,470
Selling and administrative expenses 169,113 146,785 489,634 449,933
Impairment charges 0 0 0 32,661
Operating income 26,243 38,762 73,530 29,876
Interest expense, net 1,853 1,517 5,465 5,271
Income before income taxes 24,390 37,245 68,065 24,605
Income taxes 5,232 6,558 16,476 5,259
Net income 19,158 30,687 51,589 19,346
Less: Net loss attributable to non-controlling interest 0 (1) (3) (3)
Net income attributable to HNI Corporation $ 19,158 $ 30,688 $ 51,592 $ 19,349
Average number of common shares outstanding – basic (in shares) 43,781 42,684 43,573 42,651
Net income attributable to HNI Corporation per common share – basic (in dollars per share) $ 0.44 $ 0.72 $ 1.18 $ 0.45
Average number of common shares outstanding – diluted (in shares) 44,342 43,010 44,045 42,905
Net income attributable to HNI Corporation per common share – diluted (in dollars per share) $ 0.43 $ 0.71 $ 1.17 $ 0.45
Foreign currency translation adjustments $ 46 $ 923 $ 107 $ 368
Change in unrealized gains (losses) on marketable securities, net of tax (32) (33) (157) 269
Change in derivative financial instruments, net of tax 170 106 577 (2,393)
Other comprehensive income (loss), net of tax 184 996 527 (1,756)
Comprehensive income 19,342 31,683 52,116 17,590
Less: Comprehensive loss attributable to non-controlling interest 0 (1) (3) (3)
Comprehensive income attributable to HNI Corporation $ 19,342 $ 31,684 $ 52,119 $ 17,593