XML 15 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2018
Jul. 01, 2017
Jun. 30, 2018
Jul. 01, 2017
Income Statement [Abstract]        
Revenues $ 154,913 $ 110,242 $ 304,106 $ 213,099
Costs and Operating Expenses:        
Cost of revenues 86,749 57,390 169,863 111,230
Selling, general, and administrative expenses 45,132 38,970 90,908 73,590
Research and development expenses 2,728 2,222 5,597 4,369
Restructuring costs 569 0 1,339 0
Total Costs and Operating Expenses 135,178 98,582 267,707 189,189
Operating Income 19,735 11,660 36,399 23,910
Interest Income 122 102 305 206
Interest Expense (1,850) (392) (3,582) (740)
Other Expense, Net (245) (217) (491) (421)
Income Before Provision for Income Taxes 17,762 11,153 32,631 22,955
Provision for Income Taxes 5,271 2,955 9,132 5,690
Net Income 12,491 8,198 23,499 17,265
Net Income Attributable to Noncontrolling Interest (142) (102) (292) (218)
Net Income Attributable to Kadant $ 12,349 $ 8,096 $ 23,207 $ 17,047
Earnings per Share Attributable to Kadant:        
Basic (in dollars per share) $ 1.11 $ 0.74 $ 2.10 $ 1.55
Diluted (in dollars per share) $ 1.08 $ 0.72 $ 2.04 $ 1.52
Weighted Average Shares:        
Basic (in shares) 11,092 11,001 11,067 10,976
Diluted (in shares) 11,400 11,296 11,371 11,250
Cash Dividends Declared per Common Share (in dollars per share) $ 0.22 $ 0.21 $ 0.44 $ 0.42