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Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Oct. 02, 2021
Jan. 02, 2021
Current Assets:    
Cash and cash equivalents $ 82,600 $ 65,682
Restricted cash (Note 1) 1,064 958
Accounts receivable, net of allowances of $2,874 and $2,977 120,496 91,540
Inventories 135,476 106,814
Unbilled revenue 7,915 7,576
Other current assets 28,477 17,250
Total Current Assets 376,028 289,820
Property, Plant, and Equipment, net of accumulated depreciation of $114,845 and $107,832 110,088 84,642
Other Assets 42,777 40,391
Intangible Assets, Net (Note 2) 205,328 160,965
Goodwill (Note 2) 398,907 351,753
Total Assets 1,133,128 927,571
Current Liabilities:    
Short-term obligations and current maturities of long-term obligations (Note 5) 5,574 1,474
Accounts payable 53,476 32,264
Accrued payroll and employee benefits 34,680 31,168
Customer deposits 53,087 29,433
Advanced billings 11,980 8,513
Other current liabilities 39,862 31,836
Total Current Liabilities 198,659 134,688
Long-Term Obligations (Note 5) 308,922 232,000
Long-Term Deferred Income Taxes 36,842 21,669
Other Long-Term Liabilities 45,319 42,309
Commitments and Contingencies (Note 11)
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 112,693 110,824
Retained earnings 530,596 479,400
Treasury stock at cost, 3,038,629 and 3,081,919 shares (74,459) (75,519)
Accumulated other comprehensive items (Note 7) (27,089) (19,492)
Total Kadant Stockholders' Equity 541,887 495,359
Noncontrolling interest 1,499 1,546
Total Stockholders' Equity 543,386 496,905
Total Liabilities and Stockholders' Equity $ 1,133,128 $ 927,571