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Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Sep. 26, 2020
Dec. 28, 2019
Current Assets:    
Cash and cash equivalents $ 53,554 $ 66,786
Restricted cash 2,650 1,487
Accounts receivable, net of allowances of $3,113 and $2,698 94,145 95,740
Inventories 108,715 102,715
Unbilled revenue 9,095 13,162
Other current assets 15,382 17,686
Total Current Assets 283,541 297,576
Property, Plant, and Equipment, net of accumulated depreciation of $103,664 and $95,309 82,427 86,032
Other Assets 40,565 45,851
Intangible Assets, Net (Note 1) 164,359 173,896
Goodwill (Note 1) 342,999 336,032
Total Assets 913,891 939,387
Current Liabilities:    
Current maturities of long-term obligations (Note 6) 1,538 2,851
Accounts payable 32,588 45,852
Accrued payroll and employee benefits 27,946 31,968
Customer deposits 25,834 24,012
Advanced billings 4,520 11,280
Other current liabilities 35,436 30,206
Total Current Liabilities 127,862 146,169
Long-Term Obligations (Note 6) 259,049 298,174
Other Long-Term Liabilities 64,735 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 108,384 106,698
Retained earnings 465,963 435,249
Treasury stock at cost, 3,114,599 and 3,214,888 shares (76,320) (78,778)
Accumulated other comprehensive items (Note 9) (37,232) (37,620)
Total Kadant Stockholders' Equity 460,941 425,695
Noncontrolling interest 1,304 1,384
Total Stockholders' Equity 462,245 427,079
Total Liabilities and Stockholders' Equity $ 913,891 $ 939,387