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Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]    
Net sales $ 479.1 $ 572.3
Cost of sales 304.8 375.4
Gross profit 174.3 196.9
Selling and administrative expenses 167.9 176.5
Operating income 6.4 20.4
Interest expense, net 2.7 2.0
Income before income taxes 3.8 18.5
Income taxes 2.2 4.3
Net income 1.6 14.2
Less: Net loss attributable to non-controlling interest (0.0) (0.0)
Net income attributable to HNI Corporation $ 1.6 $ 14.2
Average number of common shares outstanding – basic (in shares) 41.5 42.4
Net income attributable to HNI Corporation per common share – basic (in dollars per share) $ 0.04 $ 0.33
Average number of common shares outstanding – diluted (in shares) 42.1 43.1
Net income attributable to HNI Corporation per common share – diluted (in dollars per share) $ 0.04 $ 0.33
Foreign currency translation adjustments $ 0.1 $ (0.6)
Change in unrealized gains (losses) on marketable securities, net of tax 0.2 (0.4)
Change in derivative financial instruments, net of tax (0.1) 0.9
Other comprehensive income (loss), net of tax 0.1 (0.1)
Comprehensive income 1.7 14.1
Less: Comprehensive loss attributable to non-controlling interest (0.0) (0.0)
Comprehensive income attributable to HNI Corporation $ 1.7 $ 14.1