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Consolidated Balance Sheet - USD ($)
$ in Thousands
Jan. 01, 2022
Jan. 02, 2021
Current Assets:    
Cash and cash equivalents $ 91,186 $ 65,682
Restricted cash 2,975 958
Accounts receivable, net of allowances of $2,735 and $2,977 117,209 91,540
Inventories 134,356 106,814
Contract assets 8,626 7,576
Other current assets 29,530 17,250
Total Current Assets 383,882 289,820
Property, Plant, and Equipment, Net 107,989 84,642
Other Assets 44,111 40,391
Intangible Assets, Net (Notes 1 and 2) 199,343 160,965
Goodwill (Notes 1 and 2) 396,887 351,753
Total Assets 1,132,212 927,571
Current Liabilities:    
Short-term obligations and current maturities of long-term obligations (Note 6) 5,356 1,474
Accounts payable 59,250 32,264
Accrued payroll and employee benefits 37,203 31,168
Customer deposits 59,262 29,433
Advanced billings 11,894 8,513
Other current liabilities 48,532 31,836
Total Current Liabilities 221,497 134,688
Long-Term Obligations (Note 6) 264,158 232,000
Long-Term Deferred Income Taxes (Note 5) 34,944 21,669
Other Long-Term Liabilities 45,997 42,309
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 115,888 110,824
Retained earnings 551,848 479,400
Treasury stock at cost, 3,003,419 and 3,081,919 shares (73,596) (75,519)
Accumulated other comprehensive items (Note 14) (30,350) (19,492)
Total Kadant Stockholders' Equity 563,936 495,359
Noncontrolling interest 1,680 1,546
Total Stockholders' Equity 565,616 496,905
Total Liabilities and Stockholders' Equity $ 1,132,212 $ 927,571