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Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Jun. 27, 2020
Dec. 28, 2019
Current Assets:    
Cash and cash equivalents $ 57,499 $ 66,786
Restricted cash 3,450 1,487
Accounts receivable, net of allowances of $2,914 and $2,698 89,393 95,740
Inventories 109,663 102,715
Unbilled revenue 10,444 13,162
Other current assets 17,202 17,686
Total Current Assets 287,651 297,576
Property, Plant, and Equipment, net of accumulated depreciation of $99,366 and $95,309 82,242 86,032
Other Assets 40,092 45,851
Intangible Assets, Net (Note 1) 167,314 173,896
Goodwill (Note 1) 337,993 336,032
Total Assets 915,292 939,387
Current Liabilities:    
Short-term obligations and current maturities of long-term obligations (Note 6) 20,387 2,851
Accounts payable 39,922 45,852
Accrued payroll and employee benefits 25,388 31,968
Customer deposits 22,716 24,012
Advanced billings 6,110 11,280
Other current liabilities 33,863 30,206
Total Current Liabilities 148,386 146,169
Long-Term Obligations (Note 6) 262,760 298,174
Other Long-Term Liabilities 63,787 67,965
Commitments and Contingencies (Note 13)
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 107,202 106,698
Retained earnings 453,874 435,249
Treasury stock at cost, 3,127,565 and 3,214,888 shares (76,638) (78,778)
Accumulated other comprehensive items (Note 9) (45,863) (37,620)
Total Kadant Stockholders' Equity 438,721 425,695
Noncontrolling interest 1,638 1,384
Total Stockholders' Equity 440,359 427,079
Total Liabilities and Stockholders' Equity $ 915,292 $ 939,387