HNI HNI Workplace Furnishings — Transaction expenses
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Where this comes from
Reported directly by HNI in its filing.
Tagged under the XBRL concept us-gaap:BusinessCombinationAcquisitionRelatedCosts.
The source filing: HNI’s 10-Q, filed May 6, 2026.
- Filed
- May 6, 2026, 5:28 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000048287-26-000100
The Corporation has incurred aggregate acquisition-related expenses of $98.1 million related to this transaction, of which $91.5 million were incurred as corporate costs and $6.6 million were recorded in the Workplace Furnishings segment, and $9.5 million of interest-related expenses. Of these expenses $3.5 million were incurred in the three months ended April 4, 2026 and were included in "Acquisition costs" in the Condensed Consolidated Statements of Comprehensive Income. During 2025, the Corporation incurred $94.6 million in acquisition charges and $9.5 million of interest-related charges. Capitalized costs related to the transaction included $12.0 million of financing fees in "Long-Term Debt," $2.0 million of financing fees in "Other Assets," $0.5 million of financing fees in "Prepaid expenses and other current assets," and $2.1 million of stock issuance fees in "HNI Corporation's shareholders' equity" in the Condensed Consolidated Balance Sheets.
Item 1. Financial Statements
FAQ
- What is HNI's workplace furnishings — transaction expenses?
- HNI (HNI) reported workplace furnishings — transaction expenses of $6.6M in Q1 2026.
- What does workplace furnishings — transaction expenses mean?
- Represents the non-recurring costs directly associated with the acquisition or divestiture of business units within the workplace furnishings segment. These expenses typically include legal, accounting, and advisory fees incurred during corporate development activities. Monitoring these costs helps investors isolate the impact of M&A activity on the segment's core operating performance.
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