HNI Corporation HNI Cash Flow

Hni corporation (HNI)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Net Cash Flows From (To) Operating Activities:
Net income
85,587	110,503	95,270	89,100	91,885	93,326	94,894	92,318	87,578	89,898	66,925	63,406	78,577	85,638	106,912	113,946	108,796	105,406	80,153	72,803	58,591	61,155	76,919	71,472	73,206	63,369	58,004	54,159	49,658	48,326	48,975	49,687	47,392	45,748	40,298	31,017	31,179	27,123	0	0	0
Non-cash items included in net income:
Depreciation and amortization
77,874	77,427	76,739	75,958	75,383	74,788	74,235	73,688	72,478	72,872	74,563	73,780	72,535	68,947	64,173	61,400	58,955	57,564	57,257	57,565	58,558	56,722	53,815	50,735	47,556	46,621	45,826	44,840	43,628	43,360	43,256	43,883	44,960	46,287	48,404	51,287	54,718	58,630	0	0	0
Other post-retirement and post-employment benefits
1,470	1,475	1,548	1,622	1,689	1,767	1,723	1,679	1,641	1,592	1,605	1,618	1,630	1,643	1,696	1,796	1,850	1,856	1,701	1,500	1,346	1,239	1,228	1,216	1,204	1,309	1,430	1,552	1,673	1,678	1,674	1,669	1,665	1,660	1,668	1,675	1,683	1,691	0	0	0
Stock-based compensation
8,737	6,830	6,510	6,481	6,056	7,317	7,206	6,855	6,791	7,750	7,500	7,503	7,472	8,141	8,544	9,276	10,952	9,097	9,671	10,107	9,449	8,597	8,890	8,339	7,818	7,451	6,838	6,694	6,543	6,437	7,000	7,380	7,750	7,171	6,791	6,918	6,673	6,601	0	0	0
Reduction in carrying amount of right-of-use assets
22,976	22,936	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	2,713	1,797	514	274	1,581	3,544	3,569	3,462	2,161	249	241	335	2,211	2,160	2,114	1,898	4,156	4,156	4,225	4,215	99	0	0	0	-	-	-	-
Deferred income taxes
17,889	6,750	5,262	3,795	5,512	3,197	-39,001	-32,970	-35,448	-33,606	14,252	14,179	18,430	20,495	21,217	18,262	15,884	15,257	20,084	16,542	11,733	14,655	5,380	14,328	21,526	18,451	16,825	11,061	7,588	7,060	11,276	9,983	13,047	12,400	6,029	13,235	8,020	7,196	0	0	0
Loss on sale and retirement of long-lived assets, net
-	-	-	-	-	16,264	24,524	30,075	30,868	30,892	34,794	28,327	28,144	28,868	11,971	12,516	12,479	12,463	18,136	18,291	10,597	19,055	596	357	8,142	-344	-753	-717	-1,446	-1,032	-1,319	-1,036	-132	-273	6,880	5,784	8,302	8,951	0	0	0
Amortization of deferred gain on sale leaseback transaction
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of goodwill and intangible assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock issued to retirement plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,080	15,080	15,080	4,864	-4,864	-4,864	-4,864	-4,906	-4,906	-4,906	-4,906	-5,400	0	0	0
Other – net
697	-3,593	1,186	-899	-1,044	1,736	-2,014	-553	801	1,949	-1,894	336	-1,044	-4,523	-963	696	2,032	1,216	-2,436	-5,450	-7,426	-4,693	-2,144	-2,721	-2,170	-4,419	-4,384	-3,902	-3,457	-2,557	-3,189	-2,093	-1,378	-849	727	-2,097	-2,389	-2,025	0	0	0
Net increase (decrease) in operating assets and liabilities, net of divestitures
29,815	3,280	22,555	30,002	10,632	10,729	-7,154	-18,647	26,645	29,409	9,084	17,074	-13,770	-17,430	-20,240	-27,983	1,376	28,075	37,679	41,864	20,267	-2,322	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Increase (decrease) in other liabilities
-4,348	-8,868	-8,415	-5,573	-3,043	2,236	5,357	-2,550	-2,105	-4,891	-12,682	-6,021	-8,760	-9,610	-6,246	-6,783	-2,763	2,581	1,338	4,531	3,657	1,519	3,021	2,151	4,267	6,229	3,836	1,185	1,820	672	278	2,748	363	2,216	5,016	991	-78	-3,204	0	0	0
Changes in working capital, excluding acquisition and disposition:
Net cash flows from (to) operating activities
214,348	219,380	187,015	169,719	188,909	186,430	190,842	189,929	134,405	133,149	166,999	164,236	211,583	223,362	228,657	237,080	202,439	173,352	151,391	142,884	154,544	167,796	156,322	176,239	160,209	165,002	147,428	120,864	141,203	144,777	148,142	148,321	128,563	134,278	112,237	84,484	97,803	94,384	0	0	0
Net Cash Flows From (To) Investing Activities:
Capital expenditures
51,739	60,826	61,854	63,620	60,840	55,648	61,988	84,200	96,554	109,243	117,771	102,733	97,227	93,425	87,377	91,300	83,795	82,610	81,151	73,345	78,099	74,323	69,385	69,555	66,334	60,977	54,969	49,973	41,906	39,473	38,155	31,687	32,128	27,795	24,786	25,123	25,163	25,683	0	0	0
Proceeds from sale of property, plant, and equipment
308	327	1,328	5,482	5,482	23,767	23,049	26,795	27,286	9,009	8,714	1,214	980	1,055	2,405	2,576	2,300	2,201	3,515	2,897	4,402	16,361	13,765	13,813	12,401	421	871	872	1,008	1,182	1,154	3,166	3,051	3,255	2,769	1,215	1,371	2,289	0	0	0
Capitalized software
9,209	6,059	5,054	5,359	5,621	8,048	8,491	11,427	14,392	18,148	23,205	25,083	27,676	26,159	28,515	29,640	30,405	32,356	31,387	38,128	40,144	38,390	36,151	26,843	20,461	17,918	15,749	18,850	20,340	20,797	17,453	9,950	7,234	3,348	3,454	3,743	1,358	1,039	0	0	0
Acquisition spending, net of cash acquired
0	-	-	-	0	-	-	-	-	-	-	-	-	34,302	33,567	34,064	34,064	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of investments
8,158	6,702	6,345	3,806	2,071	2,676	3,048	2,740	2,517	3,451	2,874	5,889	9,305	8,724	9,523	7,737	4,618	3,660	5,364	3,801	3,502	3,801	1,299	799	300	1,107	1,908	3,469	5,222	5,554	5,752	12,391	12,558	15,555	18,386	16,590	16,670	15,040	0	0	0
Sales or maturities of investments
5,391	4,845	4,614	3,545	2,900	3,100	2,894	2,617	2,236	3,197	2,716	5,798	9,330	8,619	9,381	6,758	4,450	3,550	5,250	4,550	6,670	7,770	7,773	7,573	5,253	5,053	3,350	4,755	4,762	4,762	4,585	4,935	5,673	6,480	8,161	11,856	11,431	10,624	0	0	0
Other – net
-	-	-	-	-	-1,135	-1,134	-1,136	-794	-1,510	-921	-919	-918	90	-500	-501	-502	0	0	0	0	-	-	-	-	891	-343	-606	-498	-961	-39	236	171	-412	-914	-3,767	-3,810	-3,945	0	0	0
Net cash flows from (to) investing activities
-67,208	-62,895	-64,984	-64,584	-62,659	-41,220	-49,300	-68,717	-84,045	-118,024	-133,132	-126,012	-123,218	-153,026	-146,696	-152,906	-145,630	-112,875	-170,959	-169,654	-172,500	-154,210	-85,615	-76,124	-69,754	-75,419	-68,062	-92,953	-88,094	-85,813	-137,466	-101,153	-98,357	-91,541	-34,931	-28,767	-26,728	-25,053	0	0	0
Net Cash Flows From (To) Financing Activities:
Payments of long-term debt
230,328	215,934	121,231	97,929	246,900	348,987	444,141	448,577	310,850	276,736	280,451	287,626	493,586	594,547	613,150	640,165	569,195	455,222	434,242	413,275	271,410	235,595	153,167	163,538	148,908	163,524	237,746	192,125	188,644	179,333	115,405	73,209	52,150	26,523	6,369	4,455	51,942	54,241	0	0	0
Proceeds from long-term debt
164,267	141,035	116,095	87,473	214,925	323,075	374,904	412,726	348,053	339,337	355,888	344,517	485,163	611,986	590,756	606,879	591,079	448,449	522,735	530,264	353,191	282,808	161,444	129,087	139,955	157,967	201,419	198,197	166,997	148,844	105,000	80,455	65,455	5,455	5,455	5,157	50,157	50,157	0	0	0
Dividends paid
52,393	52,232	52,048	51,892	51,576	51,085	50,583	50,098	49,806	49,557	49,410	49,238	48,868	48,495	47,960	47,420	46,971	46,329	45,749	45,180	44,658	44,328	44,046	43,766	43,415	43,494	43,464	43,429	43,440	43,041	42,543	41,993	41,369	41,250	40,579	39,901	39,340	38,737	0	0	0
Purchase of HNI Corporation common stock
65,857	83,887	79,515	78,689	46,976	30,452	20,698	44,008	53,584	57,505	78,269	69,697	65,399	55,825	32,284	20,199	23,055	26,657	57,358	70,060	68,529	67,908	48,996	32,828	30,311	27,488	21,483	22,571	22,871	21,021	13,359	6,161	0	10,000	10,011	17,520	24,526	17,817	0	0	0
Proceeds from sales of HNI Corporation common stock
25,782	30,473	26,048	29,757	22,255	19,606	18,096	14,666	15,190	14,224	12,749	24,508	22,389	21,596	21,599	7,220	4,327	12,276	25,747	25,783	25,764	18,469	6,674	6,294	6,663	9,591	8,973	10,195	8,966	6,396	5,201	3,805	3,768	3,198	3,369	3,387	3,843	3,004	0	0	0
Other – net
-1,070	-686	-2,105	3,862	1,081	-3,896	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Withholding related to net share settlements of equity based awards
-	-	-	-	-	-	-	-	-	-	209	209	209	0	0	0	0	-	-	-	-	-	-	-	-	1,598	1,599	1,599	1,624	5,995	5,995	5,995	5,969	0	0	0	0	-	-	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	2,713	1,797	514	274	1,581	3,544	3,569	3,462	2,161	249	241	335	2,211	2,160	2,114	1,898	4,156	4,156	4,225	4,215	99	0	0	0	-	-	-	-
Net cash flows from (to) financing activities
-159,599	-181,231	-112,756	-107,418	-107,191	-91,739	-120,220	-117,295	-50,675	-28,089	-38,786	-35,517	-97,803	-62,572	-79,242	-93,171	-43,712	-66,073	14,506	30,930	-2,259	-44,472	-77,920	-104,588	-75,681	-66,335	-91,740	-49,218	-78,718	-89,994	-62,945	-38,873	-26,050	-69,021	-48,011	-53,277	-61,753	-57,609	0	0	0
Net increase (decrease) in cash and cash equivalents
-12,459	-24,746	9,275	-2,283	19,059	53,471	21,322	3,917	-315	-12,964	-4,919	2,707	-9,438	7,764	2,719	-8,997	13,097	-5,596	-5,062	4,160	-20,215	-30,886	-7,213	-4,473	14,774	23,248	-12,374	-21,307	-25,609	-31,030	-52,269	8,295	4,156	-26,284	29,295	2,440	9,322	11,722	0	0	0