XML 63 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheet (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 29, 2013
Dec. 29, 2012
Current Assets:    
Cash and cash equivalents $ 64,322 $ 54,553
Restricted cash (Note 1) 165 0
Accounts receivable, less allowances of $2,204 and $2,306 (Note 1) 63,025 59,359
Inventories (Note 1) 54,052 42,077
Unbilled contract costs and fees 1,087 2,800
Other current assets 19,249 16,291
Assets of discontinued operation 500 513
Total Current Assets 202,400 175,593
Property, Plant, and Equipment, at Cost 111,326 109,046
Less: accumulated depreciation and amortization 69,850 69,878
Property, Plant and Equipment, at Cost, Net 41,476 39,168
Other Assets 36,637 36,240
Goodwill 108,381 107,947
Total Assets 388,894 358,948
Current Liabilities:    
Short-term obligation and current maturities of long-term obligations (Note 6) 2,025 625
Accounts payable 26,050 23,124
Accrued payroll and employee benefits 14,336 16,358
Customer deposits 23,478 14,811
Accrued warranty costs (Note 1) 4,065 4,462
Deferred revenue 4,008 3,918
Other current liabilities 16,838 11,615
Liabilities of discontinued operation 234 379
Total Current Liabilities 91,034 75,292
Other Long-Term Liabilities 29,478 27,439
Long-Term Obligations (Note 6) 14,000 6,250
Commitments and Contingencies (Note 13) 0 0
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 94,381 95,448
Retained earnings 238,577 230,329
Treasury stock at cost, 3,462,242 and 3,493,546 shares (73,956) (74,025)
Accumulated other comprehensive items (Note 9) (6,235) (3,315)
Total Kadant Stockholders' Equity 252,913 248,583
Noncontrolling interest 1,469 1,384
Total Stockholders' Equity 254,382 249,967
Total Liabilities and Stockholders' Equity $ 388,894 $ 358,948