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Condensed Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Oct. 01, 2022
Oct. 02, 2021
Income Statement [Abstract]        
Revenue (Notes 1 and 10) $ 224,510 $ 199,789 $ 672,639 $ 568,063
Costs and Operating Expenses:        
Cost of revenue 129,154 116,096 383,034 323,337
Selling, general, and administrative expenses 53,153 52,316 167,640 151,014
Research and development expenses 3,245 2,649 9,574 8,547
Gain on sale and other costs, net (Note 2) 72 0 (19,936) 0
Total Costs and Operating Expenses 185,624 171,061 540,312 482,898
Operating Income 38,886 28,728 132,327 85,165
Interest Income 271 55 650 176
Interest Expense (1,721) (1,320) (4,321) (3,497)
Other Expense, Net (19) (23) (60) (71)
Income Before Provision for Income Taxes 37,417 27,440 128,596 81,773
Provision for Income Taxes (Note 4) 9,746 6,742 33,075 21,252
Net Income 27,671 20,698 95,521 60,521
Net Income Attributable to Noncontrolling Interest (184) (237) (672) (635)
Net Income Attributable to Kadant $ 27,487 $ 20,461 $ 94,849 $ 59,886
Earnings per Share Attributable to Kadant (Note 3)        
Basic (in dollars per share) $ 2.36 $ 1.77 $ 8.14 $ 5.18
Diluted (in dollars per share) $ 2.35 $ 1.75 $ 8.12 $ 5.14
Weighted Average Shares (Note 3)        
Basic (in shares) 11,662 11,580 11,651 11,571
Diluted (in shares) 11,700 11,668 11,681 11,644