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Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 30, 2023
Dec. 31, 2022
Jan. 01, 2022
Income Statement [Abstract]      
Net sales $ 2,434.0 $ 2,361.8 $ 2,184.4
Cost of sales 1,485.7 1,526.9 1,427.0
Gross profit 948.3 834.9 757.4
Selling and administrative expenses 813.2 723.4 665.6
Gain on sale of subsidiary 0.0 (50.4) 0.0
Restructuring and impairment charges 44.8 6.7 6.3
Operating income 90.3 155.2 85.4
Interest expense, net 25.5 8.8 7.2
Income before income taxes 64.8 146.4 78.3
Income tax expense 15.6 22.5 18.5
Net income 49.2 123.9 59.8
Less: Net income (loss) attributable to non-controlling interest 0.0 (0.0) (0.0)
Net income attributable to HNI Corporation $ 49.2 $ 123.9 $ 59.8
Average number of common shares outstanding – basic (in shares) 44.5 41.7 43.4
Net income attributable to HNI Corporation per common share – basic (in dollars per share) $ 1.11 $ 2.97 $ 1.38
Average number of common shares outstanding - diluted (in shares) 45.4 42.2 44.0
Net income attributable to HNI Corporation per common share – diluted (in dollars per share) $ 1.09 $ 2.94 $ 1.36
Foreign currency translation adjustments $ (0.2) $ (5.7) $ 0.4
Change in unrealized gains (losses) on marketable securities, net of tax 0.4 (0.7) (0.3)
Change in pension and post-retirement liability, net of tax (0.0) 4.3 1.2
Change in derivative financial instruments, net of tax (2.8) 0.8 1.0
Other comprehensive income (loss), net of tax (2.6) (1.3) 2.4
Comprehensive income 46.6 122.6 62.2
Less: Comprehensive income (loss) attributable to non-controlling interest 0.0 (0.0) (0.0)
Comprehensive income attributable to HNI Corporation $ 46.6 $ 122.6 $ 62.2