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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 02, 2021
Jan. 02, 2021
Current Assets:    
Cash and cash equivalents $ 126,436 $ 116,120
Short-term investments 1,299 1,687
Receivables 238,620 207,971
Allowance for doubtful accounts (4,185) (5,514)
Inventories 188,590 137,811
Prepaid expenses and other current assets 44,702 37,660
Total Current Assets 595,462 495,735
Property, Plant, and Equipment:    
Land and land improvements 29,983 29,691
Buildings 294,240 293,708
Machinery and equipment 588,126 578,643
Construction in progress 26,082 17,750
Property plant and equipment, at cost 938,431 919,792
Less: Accumulated depreciation 576,423 553,835
Net Property, Plant, and Equipment 362,008 365,957
Right-of-use Finance Leases 9,940 6,095
Right-of-use Operating Leases 80,223 70,219
Goodwill and Other Intangible Assets 446,758 458,896
Other Assets 39,975 21,130
Total Assets 1,534,366 1,418,032
Current Liabilities:    
Accounts payable and accrued expenses 464,599 413,638
Current maturities of long-term debt 3,345 841
Current maturities of other long-term obligations 3,598 2,990
Current lease obligations - finance 2,632 1,589
Current lease obligations - operating 19,970 19,970
Total Current Liabilities 494,144 439,028
Long-Term Debt 174,587 174,524
Long-Term Lease Obligations - Finance 7,270 4,516
Long-Term Lease Obligations - Operating 64,634 53,249
Other Long-Term Liabilities 91,270 81,264
Deferred Income Taxes 72,754 74,706
Total Liabilities 904,659 827,287
Equity:    
HNI Corporation shareholders' equity 629,384 590,419
Non-controlling interest 323 326
Total Equity 629,707 590,745
Total Liabilities and Equity $ 1,534,366 $ 1,418,032