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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Operating Activities    
Net Income Attributable to Kadant $ 41,991 $ 30,332
Net income attributable to noncontrolling interest 487 343
Net income 42,478 30,675
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 17,739 13,056
Stock-based compensation expense 5,346 4,283
Provision for losses on accounts receivable 344 238
Loss on the sale of property, plant, and equipment 79 37
Other items, net (3,543) (738)
Contributions to U.S. pension plan 0 (810)
Changes in current assets and liabilities, net of effects of acquisitions:    
Accounts receivable (9,598) (16,225)
Unbilled revenues (3,947) (2,582)
Inventories (10,155) (3,504)
Other current assets 241 (2,517)
Accounts payable 4,182 2,049
Other current liabilities 9,384 8,366
Net cash provided by operating activities 52,550 32,328
Investing Activities    
Purchases of property, plant, and equipment (12,817) (8,718)
Proceeds from sale of property, plant, and equipment 173 111
Acquisitions, net of cash acquired 0 (204,228)
Net cash used in investing activities (12,644) (212,835)
Financing Activities    
Repayment of debt (81,540) (20,272)
Proceeds from issuance of debt 37,000 222,019
Dividends paid (7,200) (6,699)
Tax withholding payments related to stock-based compensation (3,886) (2,206)
Proceeds from issuance of Company common stock 813 0
Dividend paid to noncontrolling interest (465) (882)
Payment of debt issuance costs (158) (1,257)
Other financing activities (351) (288)
Net cash (used in) provided by financing activities (55,787) 190,415
Exchange Rate Effect on Cash, Cash Equivalents, and Restricted Cash (2,906) 7,911
(Decrease) Increase in Cash, Cash Equivalents, and Restricted Cash (18,787) 17,819
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 76,846 73,569
Cash, Cash Equivalents, and Restricted Cash at End of Period $ 58,059 $ 91,388