HNI Corporation HNI Income Statement

Hni corporation (HNI)

Income statement / 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	Dec'09	Sep'09	Jun'09	Mar'09
Net sales
2,236,195	2,246,947	2,228,960	2,214,694	2,232,282	2,257,895	2,244,078	2,232,413	2,203,284	2,175,882	2,172,892	2,158,066	2,180,119	2,203,489	2,219,070	2,250,291	2,281,979	2,304,419	2,354,214	2,353,054	2,293,971	2,222,695	2,117,297	2,068,313	2,069,868	2,059,964	2,046,237	2,031,386	2,001,088	2,004,003	1,976,736	1,930,101	1,882,511	1,833,450	1,799,328	1,753,961	1,719,373	1,686,728	1,626,134	1,613,454	1,590,004	1,623,327	0	0	0
Cost of sales
1,396,029	1,413,185	1,405,168	1,395,242	1,404,549	1,422,857	1,428,689	1,429,111	1,416,100	1,391,894	1,374,345	1,359,209	1,357,094	1,368,476	1,377,742	1,398,886	1,433,370	1,457,021	1,503,996	1,514,535	1,480,443	1,438,495	1,368,079	1,339,156	1,347,186	1,344,672	1,337,975	1,331,659	1,310,906	1,314,776	1,295,446	1,260,752	1,231,345	1,194,387	1,174,378	1,147,188	1,118,213	1,101,112	1,056,467	1,040,360	1,030,670	1,060,526	0	0	0
Gross profit
840,166	833,762	823,792	819,452	827,733	835,038	815,389	803,302	787,184	783,988	798,547	798,857	823,025	835,013	841,328	851,405	848,609	847,398	850,218	838,519	813,528	784,200	749,218	729,157	722,682	715,292	708,262	699,727	690,182	689,227	681,290	669,349	651,166	639,063	624,950	606,773	601,160	585,616	569,667	573,094	559,334	562,801	0	0	0
Selling and administrative expenses
681,197	680,049	677,774	680,620	685,182	691,140	700,379	690,349	680,060	671,831	666,721	666,669	666,304	667,744	662,692	663,568	668,527	672,125	688,709	684,539	672,549	649,055	621,936	610,376	607,166	606,512	606,321	601,101	600,478	599,656	591,644	580,894	565,636	554,315	544,192	536,035	527,870	518,257	512,456	508,033	502,638	513,776	0	0	0
Impairment of goodwill and intangible assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale, disposal, and license of assets, net
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	10,723	9,731	9,746	5,940	-2,460	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring, Settlement and Impairment Provisions
-	-	0	0	-	-	0	0	-	37,416	12,273	11,889	12,042	11,005	13,860	13,633	12,501	11,792	21,767	22,582	33,424	33,019	11,338	10,466	149	333	819	876	1,203	1,944	2,492	2,597	2,768	3,261	8,758	8,230	9,005	9,449	29,861	34,552	37,192	40,443	0	0	0
Operating income (loss)
123,937	151,342	131,382	124,352	128,164	128,173	73,760	77,853	72,442	76,690	103,786	97,727	122,107	133,692	164,971	174,399	167,776	163,676	140,734	132,375	109,878	112,849	125,675	118,061	121,307	105,987	98,662	95,290	88,501	87,627	87,154	85,858	82,762	81,487	72,000	62,508	64,285	57,910	27,350	30,509	19,504	8,582	0	0	0
Interest income
-	-	-	1,015	-	-	-	103	339	-	551	560	298	305	297	327	383	395	411	411	438	418	484	532	544	626	700	697	815	842	768	835	669	623	0	0	0	-	-	-	-	-	-	-	-
Interest expense, net
8,928	8,628	5,361	5,044	5,000	9,448	4,383	8,740	7,369	6,078	5,218	4,474	4,258	5,086	5,307	5,949	6,786	6,901	7,666	7,904	8,123	8,336	8,047	8,902	9,440	9,906	10,903	10,735	10,919	10,865	10,943	10,852	10,976	11,951	0	0	0	-	-	-	-	-	-	-	-
Income (loss) before income taxes
115,609	142,714	122,513	115,166	118,829	118,725	64,068	68,919	65,115	70,612	99,119	93,813	118,147	128,911	159,918	168,734	161,373	157,170	133,522	124,925	102,193	104,931	118,112	109,691	112,411	96,707	88,459	85,252	78,397	77,604	76,979	75,841	72,455	70,159	60,118	50,294	52,032	46,478	16,514	19,234	8,268	-3,083	0	0	0
Income taxes
30,022	32,211	27,244	26,066	26,944	25,399	-30,826	-23,399	-22,463	-19,286	32,194	30,407	39,570	43,273	53,049	54,831	52,577	51,764	53,326	52,079	43,602	43,776	41,193	38,219	39,205	33,338	30,455	31,093	28,739	29,278	28,004	26,154	25,063	24,411	19,813	19,257	20,006	16,797	8,686	6,438	2,310	-1,485	0	0	0
Income from continuing operations, less applicable income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	29,681	7,828	12,796	5,958	-1,598	0	0	0
Discontinued operations, less applicable income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-2,558	-4,051	-6,894	-6,211	-4,661	0	0	0
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
85,587	110,503	95,269	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	3,777	5,902	-253	-6,259	0	0	0
Less: Net income (loss) attributable to non-controlling interest
-1	-2	-4	-2	-4	-51	41	101	110	103	77	16	6	61	-4	-5	-5	-30	-134	-224	-262	-316	-230	-183	-165	-314	-512	-753	-858	-641	-536	-281	-208	-238	-94	-109	7	182	152	344	289	183	0	0	0
Net Income (Loss) Attributable to Parent
85,588	110,505	95,273	89,102	91,889	93,377	94,853	92,217	87,468	89,795	66,848	63,390	78,571	85,577	106,916	113,951	108,801	105,436	80,287	73,027	58,853	61,471	77,149	71,655	73,371	63,683	58,516	54,912	50,516	48,967	49,511	49,968	47,600	45,986	40,392	31,126	31,172	26,941	3,625	5,558	-542	-6,442	0	0	0
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
-1,502	61	-1,465	-1,247	-2,042	-3,004	-1,505	-368	875	1,219	-52	-452	-1,322	-1,510	-2,066	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in unrealized gains (losses) on marketable securities, net of tax
220	251	326	284	145	-24	-169	-156	-124	-27	-70	-139	-135	-103	35	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in pension and post-retirement liability, net of tax
1,648	2,833	-1,516	-1,516	-1,516	-2,701	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in derivative financial instruments, net of tax
-3,860	-1,953	-3,233	-2,650	-997	339	2,211	2,143	1,423	660	2,499	2,883	2,247	1,460	-1,404	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss), net of tax
-6,790	-4,474	-2,856	-2,097	-1,378	12	74	1,156	1,711	1,389	2,716	2,631	1,129	186	-687	-2,604	-446	189	-6,836	-6,024	-6,469	-6,340	1,871	2,109	72	-348	-4,754	-2,506	-1,251	-402	989	-1,126	-150	56	0	0	0	-	-	-	-	-	-	-	-
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)
78,797	106,029	92,413	87,003	90,507	93,338	94,968	93,474	89,289	91,287	69,641	66,037	79,706	85,824	106,225	111,342	108,350	105,595	73,317	66,779	52,122	54,815	78,790	73,581	73,278	63,021	53,250	51,653	48,407	47,924	49,964	48,561	47,242	45,804	0	0	0	-	-	-	-	-	-	-	-
Less: Comprehensive loss attributable to non-controlling interest
-1	-2	-4	-2	-4	-51	41	101	110	103	77	16	6	61	-4	-5	-5	-30	-134	-224	-262	-316	-230	-183	-165	-314	-512	-753	-858	-641	-536	-281	-208	-238	0	0	0	-	-	-	-	-	-	-	-
Comprehensive income (loss) attributable to HNI Corporation
78,798	106,031	92,417	87,005	90,511	93,389	94,927	93,373	89,179	91,184	69,564	66,021	79,700	85,763	106,229	111,347	108,355	105,625	73,451	67,003	52,384	55,131	79,020	73,764	73,443	63,335	53,762	52,406	49,265	48,565	50,500	48,842	47,450	46,042	0	0	0	-	-	-	-	-	-	-	-