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Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Jul. 03, 2021
Jan. 02, 2021
Current Assets:    
Cash and cash equivalents $ 73,436 $ 65,682
Restricted cash (Notes 1 and 11) 84,708 958
Accounts receivable, net of allowances of $2,654 and $2,977 106,791 91,540
Inventories 114,316 106,814
Unbilled revenue 6,481 7,576
Other current assets 19,764 17,250
Total Current Assets 405,496 289,820
Property, Plant, and Equipment, net of accumulated depreciation of $112,428 and $107,832 81,757 84,642
Other Assets 40,370 40,391
Intangible Assets, Net 151,582 160,965
Goodwill 350,271 351,753
Total Assets 1,029,476 927,571
Current Liabilities:    
Current maturities of long-term obligations (Note 4) 1,355 1,474
Accounts payable 44,087 32,264
Accrued payroll and employee benefits 28,915 31,168
Customer deposits 40,617 29,433
Advanced billings 9,110 8,513
Other current liabilities 37,096 31,836
Total Current Liabilities 161,180 134,688
Long-Term Obligations (Note 4) 272,370 232,000
Other Long-Term Liabilities 64,800 63,978
Commitments and Contingencies (Note 10)
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 110,529 110,824
Retained earnings 513,036 479,400
Treasury stock at cost, 3,043,854 and 3,081,919 shares (74,587) (75,519)
Accumulated other comprehensive items (Note 6) (19,889) (19,492)
Total Kadant Stockholders' Equity 529,235 495,359
Noncontrolling interest 1,891 1,546
Total Stockholders' Equity 531,126 496,905
Total Liabilities and Stockholders' Equity $ 1,029,476 $ 927,571