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Consolidated Balance Sheet - USD ($)
$ in Thousands
Jan. 02, 2021
Dec. 28, 2019
Current Assets:    
Cash and cash equivalents $ 65,682 $ 66,786
Restricted cash 958 1,487
Accounts receivable, net of allowances of $2,977 and $2,698 91,540 95,740
Inventories 106,814 102,715
Unbilled revenue 7,576 13,162
Other current assets 17,250 17,686
Total Current Assets 289,820 297,576
Property, Plant, and Equipment, Net 84,642 86,032
Other Assets 40,391 45,851
Intangible Assets, Net (Notes 1 and 2) 160,965 173,896
Goodwill (Notes 1 and 2) 351,753 336,032
Total Assets 927,571 939,387
Current Liabilities:    
Current maturities of long-term obligations (Note 6) 1,474 2,851
Accounts payable 32,264 45,852
Accrued payroll and employee benefits 31,168 31,968
Customer deposits 29,433 24,012
Advanced billings 8,513 11,280
Other current liabilities 31,836 30,206
Total Current Liabilities 134,688 146,169
Long-Term Obligations (Note 6) 232,000 298,174
Long-Term Deferred Income Taxes (Note 5) 21,669 19,736
Other Long-Term Liabilities 42,309 48,229
Commitments and Contingencies (Note 7)
Stockholders' Equity (Notes 3 and 4):    
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 110,824 106,698
Retained earnings 479,400 435,249
Treasury stock at cost, 3,081,919 and 3,214,888 shares (75,519) (78,778)
Accumulated other comprehensive items (Note 14) (19,492) (37,620)
Total Kadant Stockholders' Equity 495,359 425,695
Noncontrolling interest 1,546 1,384
Total Stockholders' Equity 496,905 427,079
Total Liabilities and Stockholders' Equity $ 927,571 $ 939,387