XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 02, 2022
Apr. 03, 2021
Income Statement [Abstract]    
Revenue (Notes 1 and 10) $ 226,480 $ 172,463
Costs and Operating Expenses:    
Cost of revenue 128,269 96,748
Selling, general, and administrative expenses 59,168 49,431
Research and development expenses 3,078 2,857
Gain on sale and other expense, net (Note 2) (20,008) 0
Total Costs and Operating Expenses 170,507 149,036
Operating Income 55,973 23,427
Interest Income 102 65
Interest Expense (1,234) (1,111)
Other Expense, Net (22) (24)
Income Before Provision for Income Taxes 54,819 22,357
Provision for Income Taxes (Note 4) 13,378 5,561
Net Income 41,441 16,796
Net Income Attributable to Noncontrolling Interest (249) (235)
Net Income Attributable to Kadant $ 41,192 $ 16,561
Earnings per Share Attributable to Kadant (Note 3)    
Basic (in dollars per share) $ 3.54 $ 1.43
Diluted (in dollars per share) $ 3.53 $ 1.43
Weighted Average Shares (Note 3)    
Basic (in shares) 11,630 11,553
Diluted (in shares) 11,655 11,612