XML 44 R29.htm IDEA: XBRL DOCUMENT v3.3.1.900

Income Taxes (Tables)

12 Months Ended

Jan. 02, 2016

Income Tax Disclosure [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)		2015				2014				2013
Domestic		$	13,076			$	10,951			$	8,913
Foreign		36,295				30,567				24,113
		$	49,371			$	41,518			$	33,026

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)		2015				2014				2013
Current Provision:
Federal		$	4,693			$	1,080			$	1,986
Foreign		10,623				7,703				7,955
State		1,152				713				436
		16,468				9,496				10,377
Deferred (Benefit) Provision:
Federal		45				2,179				1,325
Foreign		(1,378		)		418				(2,354		)
State		(373		)		354				(32		)
		(1,706		)		2,951				(1,061		)
		$	14,762			$	12,447			$	9,316

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)		2015				2014				2013
Continuing Operations		$	14,762			$	12,447			$	9,316
Discontinued Operation		43				(14		)		(34		)
		$	14,805			$	12,433			$	9,282

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)		2015				2014				2013
Provision for Income Taxes at Statutory Rate		$	17,279			$	14,531			$	11,559
Increases (Decreases) Resulting From:
State income taxes, net of federal tax		506				694				304
U.S. tax cost (benefit) of foreign earnings		455				206				(119		)
Foreign tax rate differential		(3,852		)		(3,026		)		(2,681		)
Provision for (reversal of) tax benefit reserves, net		33				(1,017		)		853
Change in valuation allowance		99				125				(968		)
Nondeductible expenses		704				1,398				1,580
Research and development tax credits		(210		)		(274		)		(638		)
Other		(252		)		(190		)		(574		)
		$	14,762			$	12,447			$	9,316

Net Deferred Tax (Liability) Asset

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

(In thousands)		2015				2014
Deferred Tax Asset:
Foreign and alternative minimum tax credit carryforwards		$	23			$	725
Reserves and accruals		5,003				5,206
Net operating loss carryforwards		12,306				13,937
Inventory basis difference		3,253				3,150
Research and development		246				422
Employee compensation		5,427				4,664
Allowance for doubtful accounts		405				555
Revenue recognition		525				299
Other		151				94
Deferred Tax Asset, Gross		27,339				29,052
Less: Valuation Allowance		(11,493		)		(13,040		)
Deferred Tax Asset, Net		15,846				16,012
Deferred Tax Liability:
Goodwill and intangible assets		(17,450		)		(19,644		)
Fixed asset basis difference		(3,234		)		(3,426		)
Reserves and accruals		(32		)		(89		)
Other		(284		)		(531		)
Deferred Tax Liability		(21,000		)		(23,690		)
Net Deferred Tax Liability		$	(5,154	)		$	(7,678	)

Components of Net Deferred Tax Liability

The components of the net deferred tax liability are as follows:

(In thousands)		2015				2014
Current Deferred Tax Asset		$	—			$	9,536
Long-term Deferred Tax Asset		3,838				1,780
Current Deferred Tax Liability		—				(34		)
Long-term Deferred Tax Liability		(8,992		)		(18,960		)
Net Deferred Tax Liability		$	(5,154	)		$	(7,678	)

Unrecognized Tax Benefits

A tabular reconciliation of the beginning and ending amount of unrecognized tax benefits at year-end 2015 and 2014 is as follows:

(In thousands)		2015				2014
Unrecognized tax benefits, beginning of year		$	5,006			$	5,423
Gross decreases—tax positions in prior periods		(28		)		(153		)
Gross increases—current-period tax positions		476				960
Lapses of statutes of limitations		(253		)		(967		)
Currency translation		(149		)		(257		)
Unrecognized tax benefits, end of year		$	5,052			$	5,006

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

[Table Text Block] for Net Deferred Tax Liability [Table]

+ References

No definition available.

+ Details

Name:	kai_NetDeferredTaxLiabilityTableTextBlock
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

- References

No definition available.

+ 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=32707879&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