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Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 28, 2024
Sep. 30, 2023
Sep. 28, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 672.2 $ 711.6 $ 1,883.9 $ 1,754.2
Cost of sales 393.4 426.3 1,110.9 1,079.0
Gross profit 278.8 285.3 773.0 675.2
Selling and administrative expenses 208.4 223.3 617.3 602.2
Restructuring and impairment charges 1.6 5.3 3.7 13.4
Operating income 68.9 56.8 151.9 59.6
Interest expense, net 7.1 9.4 22.1 17.5
Income before income taxes 61.8 47.4 129.8 42.1
Income tax expense 14.3 9.6 28.6 15.6
Net income 47.5 37.8 101.2 26.5
Less: Net income attributable to non-controlling interest 0.0 0.0 0.0 0.0
Net income attributable to HNI Corporation $ 47.5 $ 37.8 $ 101.2 $ 26.5
Average number of common shares outstanding – basic (in shares) 47.7 46.6 47.3 43.8
Net income attributable to HNI Corporation per common share – basic (in dollars per share) $ 1.00 $ 0.81 $ 2.14 $ 0.60
Average number of common shares outstanding – diluted (in shares) 48.7 47.3 48.4 44.5
Net income attributable to HNI Corporation per common share – diluted (in dollars per share) $ 0.98 $ 0.80 $ 2.09 $ 0.60
Foreign currency translation adjustments $ 0.0 $ (0.2) $ (0.1) $ (0.2)
Change in unrealized gains (losses) on marketable securities, net of tax 0.3 0.0 0.3 0.1
Change in derivative financial instruments, net of tax (1.8) 0.0 0.0 (0.1)
Other comprehensive income (loss), net of tax (1.4) (0.2) 0.2 (0.2)
Comprehensive income 46.1 37.5 101.4 26.3
Less: Comprehensive income attributable to non-controlling interest 0.0 0.0 0.0 0.0
Comprehensive income attributable to HNI Corporation $ 46.1 $ 37.5 $ 101.4 $ 26.3