XML 28 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheet (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 30, 2013
Dec. 29, 2012
Current Assets:    
Cash and cash equivalents $ 58,402 $ 54,553
Accounts receivable, less allowances of $2,246 and $2,306 (Note 2) 57,902 59,359
Inventories (Note 1) 42,349 42,077
Unbilled contract costs and fees 3,382 2,800
Other current assets 19,872 16,291
Assets of discontinued operation 506 513
Total Current Assets 182,413 175,593
Property, Plant, and Equipment, at Cost 106,666 109,046
Less: accumulated depreciation and amortization 68,955 69,878
Property, Plant and Equipment, at Cost, Net 37,711 39,168
Other Assets 34,981 36,240
Goodwill 106,153 107,947
Total Assets 361,258 358,948
Current Liabilities:    
Current maturities of long-term obligations 500 625
Accounts payable 22,883 23,124
Accrued payroll and employee benefits 13,582 16,358
Customer deposits 17,877 14,811
Accrued warranty costs (Note 1) 4,119 4,462
Deferred revenue 4,787 3,918
Other current liabilities 12,455 11,615
Liabilities of discontinued operation 296 379
Total Current Liabilities 76,499 75,292
Other Long-Term Liabilities 28,439 27,439
Long-Term Obligations (Note 5) 6,125 6,250
Commitments and Contingencies (Note 12)      
Stockholders' Equity:    
Preferred stock, $.01 par value, 5,000,000 shares authorized; none issued 0 0
Common stock, $.01 par value, 150,000,000 shares authorized; 14,624,159 shares issued 146 146
Capital in excess of par value 93,216 95,448
Retained earnings 234,212 230,329
Treasury stock at cost, 3,418,492 and 3,493,546 shares (72,708) (74,025)
Accumulated other comprehensive items (Note 8) (6,043) (3,315)
Total Kadant Stockholders' Equity 248,823 248,583
Noncontrolling interest 1,372 1,384
Total Stockholders' Equity 250,195 249,967
Total Liabilities and Stockholders' Equity $ 361,258 $ 358,948