XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]    
Revenue (Notes 1 and 10) $ 229,758 $ 226,480
Costs and Operating Expenses:    
Cost of revenue 127,712 128,269
Selling, general, and administrative expenses 58,562 59,168
Research and development expenses 3,370 3,078
Gain on sale and other costs, net (Note 2) 0 (20,008)
Total Costs and Operating Expenses 189,644 170,507
Operating Income 40,114 55,973
Interest Income 299 102
Interest Expense (2,370) (1,234)
Other Expense, Net (21) (22)
Income Before Provision for Income Taxes 38,022 54,819
Provision for Income Taxes (Note 4) 9,763 13,378
Net Income 28,259 41,441
Net Income Attributable to Noncontrolling Interest (184) (249)
Net Income Attributable to Kadant $ 28,075 $ 41,192
Earnings per Share Attributable to Kadant (Note 3)    
Basic (in dollars per share) $ 2.40 $ 3.54
Diluted (in dollars per share) $ 2.40 $ 3.53
Weighted Average Shares (Note 3)    
Basic (in shares) 11,681 11,630
Diluted (in shares) 11,694 11,655