Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
---|---|---|---|---|---|---|---|---|---|---|---|
Net sales | |||||||||||
2,246,947 | 2,257,895 | 2,175,882 | 2,203,489 | 2,304,419 | 2,222,695 | 2,059,964 | 2,004,003 | 1,833,450 | 1,686,728 | 1,623,327 | 2,429,631 |
Cost of sales | |||||||||||
1,413,185 | 1,422,857 | 1,391,894 | 1,368,476 | 1,457,021 | 1,438,495 | 1,344,672 | 1,314,776 | 1,194,387 | 1,101,112 | 1,060,526 | 1,611,750 |
Gross profit | |||||||||||
833,762 | 835,038 | 783,988 | 835,013 | 847,398 | 784,200 | 715,292 | 689,227 | 639,063 | 585,616 | 562,801 | 817,881 |
Selling and administrative expenses | |||||||||||
680,049 | 691,140 | 671,831 | 667,744 | 672,125 | 649,055 | 606,512 | 599,656 | 554,315 | 518,257 | 513,776 | 709,637 |
Gain on sale, disposal, and license of assets, net | |||||||||||
0 | 0 | 1,949 | -22,572 | 195 | 10,723 | -2,460 | 0 | - | - | - | - |
Restructuring, Settlement and Impairment Provisions | |||||||||||
2,371 | 15,725 | 37,416 | 11,005 | 11,792 | 33,019 | 333 | 1,944 | 3,261 | 9,449 | 40,443 | 15,880 |
Operating income (loss) | |||||||||||
151,342 | 128,173 | 76,690 | 133,692 | 163,676 | 112,849 | 105,987 | 87,627 | 81,487 | 57,910 | 8,582 | 92,364 |
Interest income | |||||||||||
- | - | - | 305 | 395 | 418 | 626 | 842 | 623 | 471 | 415 | 1,172 |
Interest expense, net | |||||||||||
8,628 | 9,448 | 6,078 | 5,086 | 6,901 | 8,336 | 9,906 | 10,865 | 11,951 | 11,903 | 12,080 | 16,865 |
Income (loss) before income taxes | |||||||||||
142,714 | 118,725 | 70,612 | 128,911 | 157,170 | 104,931 | 96,707 | 77,604 | 70,159 | 46,478 | -3,083 | 76,671 |
Income taxes | |||||||||||
32,211 | 25,399 | -19,286 | 43,273 | 51,764 | 43,776 | 33,338 | 29,278 | 24,411 | 16,797 | -1,485 | 25,965 |
Income from continuing operations, less applicable income taxes | |||||||||||
- | - | - | - | - | - | - | - | - | 29,681 | -1,598 | 50,706 |
Discontinued operations, less applicable income taxes | |||||||||||
- | - | - | - | - | - | - | - | - | -2,558 | -4,661 | -5,099 |
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
110,503 | 93,326 | 89,898 | 85,638 | 105,406 | 61,155 | 63,369 | 48,326 | 45,748 | 27,123 | -6,259 | 45,607 |
Less: Net income (loss) attributable to non-controlling interest | |||||||||||
-2 | -51 | 103 | 61 | -30 | -316 | -314 | -641 | -238 | 182 | 183 | 157 |
Net Income (Loss) Attributable to Parent | |||||||||||
110,505 | 93,377 | 89,795 | 85,577 | 105,436 | 61,471 | 63,683 | 48,967 | 45,986 | 26,941 | -6,442 | 45,450 |
Weighted Average Number of Shares Outstanding, Basic | |||||||||||
43,101 | 43,639 | 43,839 | 44,414 | 44,285 | 44,759 | 45,250 | 45,211 | 44,803 | 44,993 | 44,888 | 44,309,765 |
Income from continuing operations attributable to HNI Corporation per common share - basic | |||||||||||
- | - | - | - | - | - | - | - | - | 0.66 | -0.04 | 1.14 |
Discontinued operations attributable to HNI Corporation per common share - basic | |||||||||||
- | - | - | - | - | - | - | - | - | -0.06 | -0.10 | -0.11 |
Earnings Per Share, Basic | |||||||||||
2.56 | 2.14 | 2.05 | 1.93 | 2.38 | 1.37 | 1.41 | 1.08 | 1.03 | 0.60 | -0.14 | 1.03 |
Weighted Average Number of Shares Outstanding, Diluted | |||||||||||
43,495 | 44,328 | 44,840 | 45,502 | 45,440 | 45,578 | 45,956 | 45,819 | 45,694 | 45,808 | 44,888 | 44,433,945 |
Income from continuing operations attributable to HNI Corporation per common share - diluted | |||||||||||
- | - | - | - | - | - | - | - | - | 0.65 | -0.04 | 1.13 |
Discontinued operations attributable to HNI Corporation per common share - diluted | |||||||||||
- | - | - | - | - | - | - | - | - | -0.06 | -0.10 | -0.11 |
Earnings Per Share, Diluted | |||||||||||
2.54 | 2.11 | 2.00 | 1.88 | 2.32 | 1.35 | 1.39 | 1.07 | 1.01 | 0.59 | -0.14 | 1.02 |
Foreign currency translation adjustments | |||||||||||
61 | -3,004 | 1,219 | -1,510 | -1,901 | -691 | -2,562 | 264 | 796 | - | - | - |
Change in unrealized gains (losses) on marketable securities, net of tax | |||||||||||
251 | -24 | -27 | -103 | -39 | -44 | -124 | 62 | 191 | - | - | - |
Change in pension and post-retirement liability, net of tax | |||||||||||
2,833 | -2,701 | 463 | -339 | -1,256 | 4,622 | -2,151 | 708 | 1,270 | - | - | - |
Change in derivative financial instruments, net of tax | |||||||||||
-1,953 | 339 | 660 | 1,460 | 873 | -983 | 187 | -20 | 339 | - | - | - |
Other comprehensive income (loss), net of tax | |||||||||||
-4,474 | 12 | 1,389 | 186 | 189 | -6,340 | -348 | -402 | 56 | 2,433 | - | - |
Comprehensive income (loss) | |||||||||||
106,029 | 93,338 | 91,287 | 85,824 | 105,595 | 54,815 | 63,021 | 47,924 | 45,804 | 29,556 | - | - |
Less: Comprehensive loss attributable to non-controlling interest | |||||||||||
-2 | -51 | 103 | 61 | -30 | -316 | -314 | -641 | -238 | 182 | - | - |
Comprehensive income (loss) attributable to HNI Corporation | |||||||||||
106,031 | 93,389 | 91,184 | 85,763 | 105,625 | 55,131 | 63,335 | 48,565 | 46,042 | 29,374 | - | - |