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Condensed Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Oct. 01, 2016
Sep. 30, 2017
Oct. 01, 2016
Income Statement [Abstract]        
Revenues $ 152,794 $ 105,519 $ 365,893 $ 313,885
Costs and Operating Expenses:        
Cost of revenues 88,166 57,440 199,449 171,569
Selling, general, and administrative expenses 42,535 33,527 116,493 102,095
Research and development expenses 2,635 1,991 7,004 5,640
Other income 0 0 0 (317)
Total Costs and Operating Expenses 133,336 92,958 322,946 278,987
Operating Income 19,458 12,561 42,947 34,898
Interest Income 94 54 300 175
Interest Expense (1,282) (305) (2,022) (914)
Income Before Provision for Income Taxes 18,270 12,310 41,225 34,159
Provision for Income Taxes 4,860 3,081 10,550 9,500
Income from Continuing Operations 13,410 9,229 30,675 24,659
Income from Discontinued Operation (net of income tax provision of $1 in the 2016 periods) 0 3 0 3
Net Income 13,410 9,232 30,675 24,662
Net Income Attributable to Noncontrolling Interest (125) (75) (343) (318)
Net Income Attributable to Kadant $ 13,285 $ 9,157 $ 30,332 $ 24,344
Earnings per Share Attributable to Kadant:        
Basic (in dollars per share) $ 1.21 $ 0.84 $ 2.76 $ 2.24
Diluted (in dollars per share) $ 1.17 $ 0.82 $ 2.69 $ 2.19
Weighted Average Shares:        
Basic (in shares) 11,004 10,901 10,986 10,854
Diluted (in shares) 11,344 11,189 11,282 11,120
Cash Dividends Declared per Common Share (in dollars per share) $ 0.21 $ 0.19 $ 0.63 $ 0.57