Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/48287/000004828716000053/a10kq42015.htm
May 2022
April 2022
February 2022
October 2021
September 2021
July 2021
May 2021
May 2021
April 2021
March 2021
• | Non-GAAP net income per share increased 40 percent to $0.91 on a sales decrease of 7.7 percent; GAAP net income per share $0.71 |
• | Non-GAAP gross profit increased 220 basis points; GAAP gross profit increased 240 basis points |
• | Non-GAAP net income per share increased 31 percent to $2.58 on a sales increase of 3.7 percent; GAAP net income per share $2.32 |
• | Non-GAAP gross profit increased 130 basis points; GAAP gross profit increased 150 basis points |
Please wait while we load the requested 10-K report or click the link below:
https://last10k.com/sec-filings/report/48287/000004828716000053/a10kq42015.htm
Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Hni Corp.
Hni Corp's Definitive Proxy Statement (Form DEF 14A) filed after their 2016 10-K Annual Report includes:
Rating
Learn More![]()
An accounting policy is deemed to be critical if it requires an accounting estimate be made based on assumptions about matters uncertain at the time the estimate is made, and if different estimates that reasonably could have been used, or changes in the accounting estimates that are reasonably likely to occur periodically, could materially impact the financial statements.
Other uses of cash include higher receivables due to sales timing and increased inventory due to strategic investments.
Strong operational performance, consistent flawless execution for our customers and benefits from operational investments were key drivers for increased earnings over 2014.
The use of cash related to working capital balance in 2014 was primarily driven from higher inventory of $23.4 million due to strategic initiatives, impact of west coast port congestion and timing of shipments.
The last quarterly dividend increase was from $0.25 to $0.265 per common share effective with the May 29, 2015 dividend payment for shareholders of record at the close of business on May 15, 2015.
This use of cash was...Read more
Under the Credit Agreement, consolidated...Read more
During 2015, the Corporation incurred...Read more
The increase in cash generated...Read more
Changes in assumptions for such...Read more
The increase was due to...Read more
These factors were partially offset...Read more
However, changes in assumptions and...Read more
Hearth products sales increased $43.0...Read more
Hearth products sales increased 29.1...Read more
The sales increase was also...Read more
These expenditures continue to focus...Read more
Net income per diluted share...Read more
The Corporation remains committed to...Read more
Selling and administrative expenses increased...Read more
Self-insured reserves The Corporation is...Read more
The sales increase was driven...Read more
The Corporation anticipates capital expenditures...Read more
Selling and administrative expenses include...Read more
Net sales for office furniture...Read more
Net sales for office furniture...Read more
The 2015 decrease in operating...Read more
Compared to 2013, the acquisition...Read more
Non-compliance with the various financial...Read more
a consolidated interest coverage ratio...Read more
In connection with these decisions,...Read more
The ASU is effective for...Read more
The ASU is effective for...Read more
The Corporation recorded $11.2 million...Read more
Net sales during 2014 were...Read more
Net sales during 2015 were...Read more
Net sales during 2015 were...Read more
The new standard becomes effective...Read more
This guidance, which clarifies the...Read more
The proceeds from these sales...Read more
The new standard becomes effective...Read more
As of January 2, 2016,...Read more
The VCG acquisition increased sales...Read more
On an organic basis, sales...Read more
Both the office furniture segment...Read more
The company anticipates the adoption...Read more
If the carrying value of...Read more
Compared to the prior year,...Read more
Gross profit as a percent...Read more
In 2006, the Corporation refinanced...Read more
Factors that have the potential...Read more
The actuarial valuations are based...Read more
Operating income increased $6.9 million...Read more
The improvement in operating margins...Read more
Gain loss on sale of...Read more
The acquisition of VCG adds...Read more
Asset impairment charges associated with...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more
Hni Corp provided additional information to their SEC Filing as exhibits
Ticker: HNI
CIK: 48287
Form Type: 10-K Annual Report
Accession Number: 0000048287-16-000053
Submitted to the SEC: Mon Feb 29 2016 1:58:30 PM EST
Accepted by the SEC: Mon Feb 29 2016
Period: Saturday, January 2, 2016
Industry: Office Furniture No Wood