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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 02, 2016
Apr. 04, 2015
Operating Activities:    
Net Income Attributable to Kadant $ 6,876 $ 6,897
Net income attributable to noncontrolling interest 115 93
Income from discontinued operation 0 (65)
Income from continuing operations 6,991 6,925
Adjustments to reconcile income from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 2,564 2,910
Stock-based compensation expense 1,323 1,588
Tax benefits from stock-based compensation awards 0 (687)
Provision for losses on accounts receivable 76 185
Gain on the sale of property, plant, and equipment (346) 0
Other items, net 781 (836)
Contributions to pension plan (270) (270)
Changes in current assets and liabilities:    
Accounts receivable 3,259 (5,247)
Unbilled contract costs and fees 4,313 1,817
Inventories (604) (7,660)
Other current assets (1,808) (1,908)
Accounts payable (1,234) 375
Other current liabilities (9,527) 589
Net cash provided by (used in) continuing operations 5,518 (2,219)
Net cash used in discontinued operation 0 (41)
Net cash provided by (used in) operating activities 5,518 (2,260)
Investing Activities:    
Issuance of note receivable (2,813) 0
Purchases of property, plant, and equipment (524) (1,216)
Proceeds from sale of property, plant, and equipment 385 5
Net cash used in continuing operations for investing activities (2,952) (1,211)
Financing Activities:    
Proceeds from issuance of long-term obligations 41,046 10,000
Repayments of short-and long-term obligations (125) (5,111)
Tax withholding payments related to stock-based compensation (1,980) (2,304)
Dividends paid (1,831) (1,630)
Payment of contingent consideration (1,091) 0
Tax benefits from stock-based compensation awards 0 687
Proceeds from issuance of company common stock 0 148
Change in restricted cash (58) 0
Net cash provided by continuing operations for financing activities 35,961 1,790
Exchange Rate Effect on Cash and Cash Equivalents from Continuing Operations 460 (857)
Increase (Decrease) in Cash and Cash Equivalents from Continuing Operations 38,987 (2,538)
Cash and Cash Equivalents at Beginning of Period 65,530 45,378
Cash and Cash Equivalents at End of Period $ 104,517 $ 42,840