MUSCATINE, Iowa (AP) _ HNI Corp. (HNI) on Monday reported fourth-quarter earnings of $22.6 million.

On a per-share basis, the Muscatine, Iowa-based company said it had net income of 52 cents. Earnings, adjusted for asset impairment costs and non-recurring costs, were 66 cents per share.

The maker of office furniture and fireplaces posted revenue of $562.1 million in the period.

For the year, the company reported profit of $41.9 million, or 98 cents per share. Revenue was reported as $1.96 billion.

HNI shares have risen slightly more than 3% since the beginning of the year. The stock has climbed nearly 7% in the last 12 months.

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