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Condensed Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 26, 2020
Sep. 28, 2019
Sep. 26, 2020
Sep. 28, 2019
Income Statement [Abstract]        
Revenue (Notes 1 and 12) $ 154,610 $ 173,504 $ 466,597 $ 521,985
Costs and Operating Expenses:        
Cost of revenue 86,294 99,257 263,510 302,852
Selling, general, and administrative expenses 43,853 47,097 134,518 144,883
Research and development expenses 2,658 2,597 8,532 7,980
Restructuring costs (Note 3) 470 0 926 0
Total Costs and Operating Expenses 133,275 148,951 407,486 455,715
Operating Income 21,335 24,553 59,111 66,270
Interest Income 52 43 140 158
Interest Expense (1,670) (3,066) (6,060) (10,143)
Other Expense, Net (32) (98) (95) (296)
Income Before Provision for Income Taxes 19,685 21,432 53,096 55,989
Provision for Income Taxes (Note 5) 4,705 5,219 13,738 12,310
Net Income 14,980 16,213 39,358 43,679
Net Income Attributable to Noncontrolling Interest (129) (98) (369) (360)
Net Income Attributable to Kadant $ 14,851 $ 16,115 $ 38,989 $ 43,319
Earnings per Share Attributable to Kadant (Note 4)        
Basic (in dollars per share) $ 1.29 $ 1.43 $ 3.40 $ 3.87
Diluted (in dollars per share) $ 1.28 $ 1.41 $ 3.38 $ 3.79
Weighted Average Shares (Note 4)        
Basic (in shares) 11,504 11,267 11,472 11,198
Diluted (in shares) 11,589 11,469 11,550 11,434