Condensed Consolidated Balance Sheet - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 90,622	$ 71,487
Restricted cash	766	2,082
Accounts receivable, less allowances of $2,640 and $2,395	94,664	65,963
Inventories	90,450	54,951
Unbilled contract costs and fees	6,256	3,068
Other current assets	20,911	9,799
Total Current Assets	303,669	207,350
Property, Plant, and Equipment, at Cost	153,878	124,424
Less: accumulated depreciation and amortization	83,505	76,720
Property, Plant and Equipment, at Cost, Net	70,373	47,704
Other Assets	13,546	11,452
Intangible Assets, Net	135,231	52,730
Goodwill	264,840	151,455
Total Assets	787,659	470,691
Current Liabilities:
Current maturities of long-term obligations	707	643
Accounts payable	35,136	23,929
Customer deposits	27,940	21,168
Accrued payroll and employee benefits	25,448	20,508
Billings in excess of costs and fees	10,781	1,271
Other current liabilities	29,068	21,394
Total Current Liabilities	129,080	88,913
Long-Term Deferred Income Taxes	31,070	14,631
Other Long-Term Liabilities	18,531	17,100
Long-Term Obligations	278,091	65,768
Commitments and Contingencies
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	101,774	101,405
Retained earnings	344,449	321,050
Treasury stock at cost, 3,616,838 and 3,686,532 shares	(88,627)	(90,335)
Accumulated other comprehensive items	(28,197)	(49,637)
Total Kadant Stockholders' Equity	329,545	282,629
Noncontrolling interest	1,342	1,650
Total Stockholders' Equity	330,887	284,279
Total Liabilities and Stockholders' Equity	$ 787,659	$ 470,691

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.