HNI Corporation HNI Income Statement

Hni corporation (HNI)

Income statement / Quarterly

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	Dec'09	Sep'09	Jun'09	Mar'09
Net sales
468,704	616,079	625,386	526,026	479,456	598,092	611,120	543,614	505,069	584,275	599,455	514,485	477,667	581,285	584,629	536,538	501,037	596,866	615,850	568,226	523,477	646,661	614,690	509,143	452,201	541,263	565,706	510,698	442,297	527,536	550,855	480,400	445,212	500,269	504,220	432,810	396,151	466,147	458,853	398,222	363,506	405,553	446,173	374,772	396,829
Cost of sales
292,686	382,191	387,715	333,437	309,842	374,174	377,789	342,744	328,150	380,006	378,211	329,733	303,944	362,457	363,075	327,618	315,326	371,723	384,219	362,102	338,977	418,698	394,758	328,010	297,029	348,282	365,835	336,040	294,515	341,585	359,519	315,287	298,385	322,255	324,825	285,880	261,427	302,246	297,635	256,905	244,326	257,601	281,528	247,215	274,182
Gross profit
176,018	233,888	237,671	192,589	169,614	223,918	233,331	200,870	176,919	204,269	221,244	184,752	173,723	218,828	221,554	208,920	185,711	225,143	231,631	206,124	184,500	227,963	219,932	181,133	155,172	192,981	199,871	174,658	147,782	185,951	191,336	165,113	146,827	178,014	179,395	146,930	134,724	163,901	161,218	141,317	119,180	147,952	164,645	127,557	122,647
Selling and administrative expenses
167,085	168,970	176,731	168,411	165,937	166,695	179,577	172,973	171,895	175,934	169,547	162,684	163,666	170,824	169,495	162,319	165,106	165,772	170,371	167,278	168,704	182,356	166,201	155,288	145,210	155,237	154,641	152,078	144,556	155,046	149,421	151,455	143,734	147,034	138,671	136,197	132,413	136,911	130,514	128,032	122,800	131,110	126,091	122,637	133,938
Impairment of goodwill and intangible assets
32,661	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	1,338	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale, disposal, and license of assets, net
-	-	-	-	-	-	-	-	-	-	6,805	-	-	-	0	-	-	-	-	-	-	992	-15	1,346	8,400	0	0	-2,460	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, Settlement and Impairment Provisions
-	-	284	930	-	-	128	837	-	34,091	783	419	2,123	8,948	399	572	1,086	11,803	172	-560	377	21,778	987	10,282	-28	97	115	-35	156	583	172	292	897	1,131	277	463	1,390	6,628	-251	1,238	1,834	27,040	4,440	3,878	5,085
Operating income (loss)
-23,728	63,761	60,656	23,248	3,677	43,801	53,626	27,060	3,686	-10,612	57,719	21,649	7,934	16,484	51,660	46,029	19,519	47,763	61,088	39,406	15,419	24,821	52,729	16,909	18,390	37,647	45,115	20,155	3,070	30,322	41,743	13,366	2,196	29,849	40,447	10,270	921	20,362	30,955	12,047	-5,454	-10,198	34,114	1,042	-16,376
Interest income
-	-	-	282	-	-	-	89	113	-	71	325	71	84	80	63	78	76	110	119	90	92	110	146	70	158	158	158	152	232	155	276	179	158	222	110	133	-	-	-	-	-	-	-	-
Interest expense, net
-1,811	10,182	-2,205	2,762	-2,111	6,915	-2,522	2,718	2,337	1,850	1,835	1,347	1,046	990	1,091	1,131	1,874	1,211	1,733	1,968	1,989	1,976	1,971	2,187	2,202	1,687	2,826	2,725	2,668	2,684	2,658	2,909	2,614	2,762	2,567	3,033	3,589	-	-	-	-	-	-	-	-
Income (loss) before income taxes
-25,539	61,929	58,451	20,768	1,566	41,728	51,104	24,431	1,462	-12,929	55,955	20,627	6,959	15,578	50,649	44,961	17,723	46,585	59,465	37,600	13,520	22,937	50,868	14,868	16,258	36,118	42,447	17,588	554	27,870	39,240	10,733	-239	27,245	38,102	7,347	-2,535	17,204	28,278	9,085	-8,089	-12,760	30,998	-1,881	-19,440
Income taxes
-1,643	14,333	12,375	4,957	546	9,366	11,197	5,835	-999	-46,859	18,624	6,771	2,178	4,621	16,837	15,934	5,881	14,397	18,619	13,680	5,068	15,959	17,372	5,203	5,242	13,376	14,398	6,189	-625	10,493	15,036	3,835	-86	9,219	13,186	2,744	-738	4,621	12,630	3,493	-3,947	-3,490	10,382	-635	-7,742
Income from continuing operations, less applicable income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,026	-	-	-	12,583	15,648	5,592	-4,142	-9,270	20,616	-1,246	-11,698
Discontinued operations, less applicable income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-7	-13	-827	-1,711	-1,500	-2,856	-144	-161
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-23,896	47,596	46,076	15,811	1,020	32,362	39,907	18,596	2,461	33,930	37,331	13,856	4,781	10,957	33,812	29,027	11,842	32,231	40,846	23,877	8,452	6,978	33,496	9,665	11,016	22,742	28,049	11,399	1,179	17,377	24,204	6,898	-153	18,026	24,916	4,603	-1,797	12,576	15,635	4,765	-5,853	-10,770	17,760	-1,390	-11,859
Less: Net income (loss) attributable to non-controlling interest
-1	1	-2	1	-2	-1	0	-1	-49	91	60	8	-56	65	-1	-2	-1	0	-2	-2	-26	-104	-92	-40	-80	-18	-45	-22	-229	-216	-286	-127	-12	-111	-31	-54	-42	33	-46	62	133	3	146	7	27
Net Income (Loss) Attributable to Parent
-23,895	47,595	46,078	15,810	1,022	32,363	39,907	18,597	2,510	33,839	37,271	13,848	4,837	10,892	33,813	29,029	11,843	32,231	40,848	23,879	8,478	7,082	33,588	9,705	11,096	22,760	28,094	11,421	1,408	17,593	24,490	7,025	-141	18,137	24,947	4,657	-1,755	12,543	15,681	4,703	-5,986	-10,773	17,614	-1,397	-11,886
Weighted Average Number of Shares Outstanding, Basic
42,628	42,753	42,899	43,218	43,534	43,708	43,823	43,665	43,360	43,444	43,682	44,178	44,050	44,419	44,547	44,431	44,258	44,158	44,263	44,416	44,304	44,290	44,689	45,019	45,038	45,117	45,317	45,412	45,154	45,050	45,224	45,419	45,151	44,828	44,787	44,745	44,852	44,815	44,801	45,193	45,166	45,054	44,994	44,895	44,612
Earnings Per Share, Basic
-0.56	1.10	1.07	0.37	0.02	0.74	0.91	0.43	0.06	0.78	0.85	0.31	0.11	0.25	0.76	0.65	0.27	0.73	0.92	0.54	0.19	0.15	0.75	0.22	0.25	0.51	0.62	0.25	0.03	0.39	0.54	0.15	0.00	0.40	0.56	0.10	-0.04	0.28	0.35	0.10	-0.13	-0.24	0.39	-0.03	-0.27
Weighted Average Number of Shares Outstanding, Diluted
42,628	43,071	43,186	43,634	44,089	44,209	44,679	44,290	44,134	44,122	44,479	45,305	45,452	45,491	45,844	45,632	45,039	45,215	45,402	45,621	45,523	44,998	45,611	45,867	45,837	45,906	46,089	46,109	45,719	46,363	45,820	45,944	45,151	45,759	45,637	45,667	44,852	45,743	45,601	46,012	45,166	45,054	45,598	44,895	44,612
Earnings Per Share, Diluted
-0.56	1.09	1.07	0.36	0.02	0.74	0.89	0.42	0.06	0.74	0.84	0.31	0.11	0.24	0.74	0.64	0.26	0.71	0.90	0.52	0.19	0.16	0.74	0.21	0.24	0.50	0.61	0.25	0.03	0.39	0.53	0.15	0.00	0.40	0.55	0.10	-0.04	0.27	0.34	0.10	-0.13	-0.24	0.39	-0.03	-0.27
Foreign currency translation adjustments
-600	466	-1,035	-333	963	-1,060	-817	-1,128	1	439	320	115	345	-832	-80	-755	157	-	-1,388	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in unrealized gains (losses) on marketable securities, net of tax
59	-1	36	126	90	74	-6	-13	-79	-71	7	19	18	-114	-62	23	50	-	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in pension and post-retirement liability, net of tax
0	1,648	0	0	1,185	-2,701	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in derivative financial instruments, net of tax
-2,216	160	-477	-1,327	-309	-1,120	106	326	1,027	752	38	-394	264	2,591	422	-1,030	-523	-	-273	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss), net of tax
-2,757	-1,023	-1,476	-1,534	-441	595	-717	-815	949	657	365	-260	627	1,984	280	-1,762	-316	1,111	-1,637	396	319	-5,914	-825	-49	448	2,297	-587	-2,086	28	-2,109	1,661	-831	877	-718	-454	145	1,083	-	-	-	-	-	-	-	-
Cash dividends per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.26	0.25	-	0.25	0.25	0.24	-	0.24	0.24	0.24	-	0.24	0.24	0.23	-	0.23	0.23	0.23	-	-	-	-	-	-	-	-
Comprehensive income (loss)
-26,653	46,573	44,600	14,277	579	32,957	39,190	17,781	3,410	34,587	37,696	13,596	5,408	12,941	34,092	27,265	11,526	33,342	39,209	24,273	8,771	1,064	32,671	9,616	11,464	25,039	27,462	9,313	1,207	15,268	25,865	6,067	724	17,308	24,462	4,748	-714	-	-	-	-	-	-	-	-
Less: Comprehensive loss attributable to non-controlling interest
-1	1	-2	1	-2	-1	0	-1	-49	91	60	8	-56	65	-1	-2	-1	0	-2	-2	-26	-104	-92	-40	-80	-18	-45	-22	-229	-216	-286	-127	-12	-111	-31	-54	-42	-	-	-	-	-	-	-	-
Comprehensive income (loss) attributable to HNI Corporation
-26,652	46,572	44,602	14,276	581	32,958	39,190	17,782	3,459	34,496	37,636	13,588	5,464	12,876	34,093	27,267	11,527	33,342	39,211	24,275	8,797	1,168	32,763	9,656	11,544	25,057	27,507	9,335	1,436	15,484	26,151	6,194	736	17,419	24,493	4,802	-672	-	-	-	-	-	-	-	-