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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Apr. 01, 2017
Operating Activities    
Net Income Attributable to Kadant $ 10,858 $ 8,951
Net income attributable to noncontrolling interest 150 116
Net income 11,008 9,067
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 6,099 3,256
Stock-based compensation expense 1,464 1,295
Provision for losses on accounts receivable 316 129
Loss on the sale of property, plant, and equipment 24 41
Other items, net (386) 180
Contributions to U.S. pension plan 0 (90)
Changes in current assets and liabilities, net of effects of acquisitions:    
Accounts receivable (799) (5,043)
Unbilled revenue 2,064 (1,134)
Inventories (9,674) (3,964)
Other current assets (435) (1,886)
Accounts payable 3,854 805
Other current liabilities (6,319) (973)
Net cash provided by operating activities 7,216 1,683
Investing Activities    
Purchases of property, plant, and equipment (5,151) (1,722)
Acquisition 0 (165)
Proceeds from sale of property, plant, and equipment 28 0
Other investing activities 0 (2)
Net cash used in investing activities (5,123) (1,889)
Financing Activities    
Repayment of debt (13,382) (4,610)
Proceeds from issuance of debt 12,000 8,000
Tax withholding payments related to stock-based compensation (3,641) (2,182)
Dividends paid (2,316) (2,078)
Proceeds from issuance of Company common stock 742 0
Payment of debt issuance costs 0 (654)
Other financing activities (111) (118)
Net cash used in financing activities (6,708) (1,642)
Exchange Rate Effect on Cash, Cash Equivalents, and Restricted Cash 1,511 1,362
Decrease in Cash, Cash Equivalents, and Restricted Cash (3,104) (486)
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 76,846 73,569
Cash, Cash Equivalents, and Restricted Cash at End of Period $ 73,742 $ 73,083