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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Jan. 02, 2016
Jan. 03, 2015
Dec. 28, 2013
Net Cash Flows From (To) Operating Activities:      
Net income (loss) $ 105,406 $ 61,155 $ 63,369
Noncash items included in net income:      
Depreciation and amortization 57,564 56,722 46,621
Other postretirement and post-employment benefits 1,856 1,239 1,309
Stock-based compensation 9,097 8,597 7,451
Excess tax benefits from stock compensation (1,581) (2,161) (2,211)
Deferred income taxes 15,257 14,655 18,451
Net (gain) loss on sale of long-lived assets 1,222 (10,327) 344
Loss on impairment of intangibles 11,241 29,382 0
Loss on sale of business 0 0 2,177
Other – net (1,216) 4,693 4,419
Changes in working capital, excluding acquisition and disposition:      
Receivables (3,592) 8,631 (21,029)
Inventories (4,221) (23,437) 1,606
Prepaid expenses and other current assets (5,940) (4,622) 526
Accounts payable and accrued expenses (21,121) 32,915 31,215
Income taxes 6,799 (11,165) 4,525
Increase (decrease) in other liabilities 2,581 1,519 6,229
Net cash flows from (to) operating activities 173,352 167,796 165,002
Net Cash Flows From (To) Investing Activities:      
Capital expenditures (82,610) (74,323) (60,977)
Proceeds from sale of property, plant and equipment 2,201 16,361 421
Capitalized software (32,356) (38,390) (17,918)
Acquisition spending, net of cash acquired 0 (61,823) 0
Purchase of investments (3,660) (3,801) (1,107)
Sales or maturities of investments 3,550 7,770 5,053
Other – net 0 (4) (891)
Net cash flows from (to) investing activities (112,875) (154,210) (75,419)
Net Cash Flows From (To) Financing Activities:      
Purchase of HNI Corporation common stock (26,657) (67,908) (27,488)
Withholding related to net share settlements of equity based awards (171) (79) (1,598)
Proceeds from note and long-term debt 448,449 282,808 157,967
Payments of note and long-term debt and other financing (455,222) (235,595) (163,524)
Proceeds from sale of HNI Corporation common stock 12,276 18,469 9,591
Excess tax benefits from stock compensation 1,581 2,161 2,211
Dividends paid (46,329) (44,328) (43,494)
Net cash flows from (to) financing activities (66,073) (44,472) (66,335)
Net increase (decrease) in cash and cash equivalents (5,596) (30,886) 23,248
Cash and cash equivalents at beginning of year 34,144 65,030 41,782
Cash and cash equivalents at end of year $ 28,548 $ 34,144 $ 65,030