XML 43 R31.htm IDEA: XBRL DOCUMENT v2.4.0.8

Income Taxes (Tables)

12 Months Ended

Dec. 28, 2013

Income Taxes [Abstract]

Components of Income from Continuing Operations Before Income Taxes

The components of income from continuing operations before provision for income taxes are as follows:

(In thousands)		2013				2012				2011
Domestic		$	8,913			$	11,445			$	9,823
Foreign			24,113				24,485				28,320
		$	33,026			$	35,930			$	38,143

Components of the Provision for Income Taxes from Continuing Operations

The components of the provision for income taxes from continuing operations are as follows:

(In thousands)		2013				2012				2011
Current Provision:
Federal		$	1,986			$	1,798			$	123
Foreign			7,955				7,363				5,575
State			436				559				473
			10,377				9,720				6,171
Deferred (Benefit) Provision:
Federal			1,325				(3,980	)			(317	)
Foreign			(2,354	)			(782	)			(1,309	)
State			(32	)			(106	)			(260	)
			(1,061	)			(4,868	)			(1,886	)
		$	9,316			$	4,852			$	4,285

Provision for Income Taxes by Continuing and Discontinued Operation

The provision for income taxes included in the accompanying statement of income is as follows:

(In thousands)		2013				2012				2011
Continuing Operations		$	9,316			$	4,852			$	4,285
Discontinued Operation			(34	)			451				(1,511	)
		$	9,282			$	5,303			$	2,774

Income Tax Reconciliation

The provision for income taxes from continuing operations in the accompanying statement of income differs from the provision calculated by applying the statutory federal income tax rate of 35% to income from continuing operations before provision for income taxes due to the following:

(In thousands)		2013				2012				2011
Provision for Income Taxes at Statutory Rate		$	11,559			$	12,576			$	13,350
Increases (Decreases) Resulting From:
State income taxes, net of federal tax			304				295				(140	)
U.S. tax (benefit) cost of foreign earnings			(119	)			791				(53	)
Foreign tax rate differential			(2,681	)			(2,298	)			(3,094	)
Provision (reversal) of tax benefit reserves, net			853				624				(1,596	)
Change in valuation allowance			(968	)			(7,051	)			(4,183	)
Nondeductible expenses			1,580				775				746
Research and development tax credits			(638	)			(623	)			(324	)
Other			(574	)			(237	)			(421	)
		$	9,316			$	4,852			$	4,285

Net Deferred Tax (Liability) Asset

Net deferred tax (liability) asset in the accompanying consolidated balance sheet consists of the following:

(In thousands)		2013				2012
Deferred Tax Asset:
Foreign and alternative minimum tax credit carryforwards		$	3,819			$	5,659
Reserves and accruals			5,125				6,493
Net operating loss carryforwards			16,452				15,147
Inventory basis difference			2,797				2,468
Research and development			1,017				1,193
Employee compensation			3,199				2,229
Allowance for doubtful accounts			595				486
Revenue recognition			253				286
Other			209				88
Deferred Tax Asset, Gross			33,466				34,049
Less: Valuation Allowance			(13,905	)			(14,315	)
Deferred Tax Asset, Net			19,561				19,734
Deferred Tax Liability:
Goodwill and intangible assets			(20,923	)			(15,393	)
Fixed asset basis difference			(3,619	)			(2,974	)
Reserves and accruals			(207	)			(342	)
Other			(65	)			(107	)
Deferred Tax Liability			(24,814	)			(18,816	)
Net Deferred Tax (Liability) Asset		$	(5,253	)		$	918

Unrecognized Tax Benefits

As of year-end 2013, the Company had $5,423,000 of unrecognized tax benefits which, if recognized, would reduce the effective tax rate. A tabular reconciliation of the beginning and ending amount of unrecognized tax benefits at year-end 2013 and 2012 is as follows:

(In thousands)		2013				2012
Unrecognized tax benefits, beginning of year		$	4,194			$	3,308
Gross increases—tax positions in prior periods			449				185
Gross decreases—tax positions in prior periods			-				(41	)
Gross increases—current-period tax positions			1,086				1,231
Settlements			(6	)			(182	)
Lapses of statutes of limitations			(158	)			(367	)
Currency translation			(142	)			60
Unrecognized tax benefits, end of year		$	5,423			$	4,194

X

- Definition

Tabular disclosure of income (loss) from continuing operations before equity method investments, Income taxes , Extraordinary items and Non-controlling interest.

+ References

No definition available.

+ Details

Name:	kai_IncomeLossFromContinuingOperationsBeforeEquityMethodInvestmentsIncomeTaxesExtraordinaryItemsNoncontrollingInterestTableTextBlock
Namespace Prefix:	kai_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the provision (benefit) for taxes by continuing and discontinued operation.

+ References

No definition available.

+ Details

Name:	kai_ProvisionBenefitForIncomeTaxesByContinuingAndDiscontinuedOperationTableTextBlock
Namespace Prefix:	kai_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in unrecognized tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 55

-Paragraph 217

-URI http://asc.fasb.org/extlink&oid=21917533&loc=d3e36027-109320



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 15A

-URI http://asc.fasb.org/extlink&oid=6907707&loc=SL6600010-109319

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedTaxBenefitsRollForwardTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration