XML 62 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statement of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 28, 2013
Dec. 29, 2012
Dec. 31, 2011
Consolidated Statement of Income [Abstract]      
Revenues (Note 12) $ 344,499 $ 331,751 $ 335,460
Costs and Operating Expenses:      
Cost of revenues 186,795 185,949 190,247
Selling, general, and administrative expenses 117,581 103,101 102,660
Research and development expenses 6,717 5,950 5,717
Restructuring and other expense (income), net (Note 8) 103 307 (1,874)
Total Costs and Operating Expenses 311,196 295,307 296,750
Operating Income 33,303 36,444 38,710
Interest Income 623 319 499
Interest Expense (900) (833) (1,066)
Income from Continuing Operations Before Provision for Income Taxes 33,026 35,930 38,143
Provision for Income Taxes (Note 5) 9,316 4,852 4,285
Income from Continuing Operations 23,710 31,078 33,858
(Loss) Income from Discontinued Operation (net of income tax benefit (expense) of $34, $(451), and $1,511 in 2013, 2012, and 2011, respectively; Note 9) (62) 743 (9)
Net Income 23,648 31,821 33,849
Net Income Attributable to Noncontrolling Interest (229) (198) (274)
Net Income Attributable to Kadant 23,419 31,623 33,575
Amounts Attributable to Kadant:      
Income from Continuing Operations 23,481 30,880 33,584
(Loss) Income from Discontinued Operation (62) 743 (9)
Net Income Attributable to Kadant $ 23,419 $ 31,623 $ 33,575
Earnings per Share from Continuing Operations Attributable to Kadant (Note 13)      
Basic (in dollars per share) $ 2.11 $ 2.70 $ 2.77
Diluted (in dollars per share) $ 2.07 $ 2.66 $ 2.74
Earnings per Share Attributable to Kadant (Note 13)      
Basic (in dollars per share) $ 2.10 $ 2.76 $ 2.77
Diluted (in dollars per share) $ 2.07 $ 2.73 $ 2.74
Weighted Average Shares (Note 13)      
Basic (in shares) 11,153 11,456 12,124
Diluted (in shares) 11,340 11,590 12,261
Cash Dividend Declared per Common Share $ 0.50 $ 0 $ 0