XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Mar. 30, 2024
Dec. 30, 2023
Current Assets:    
Cash and cash equivalents $ 81,440 $ 103,832
Restricted cash 1,178 2,621
Accounts receivable, net of allowances of $4,419 and $4,090 149,586 133,929
Inventories 171,958 152,677
Contract assets 10,673 8,366
Other current assets 39,914 38,757
Total Current Assets 454,749 440,182
Property, Plant, and Equipment, net of accumulated depreciation of 135,032 and $132,846 170,834 140,504
Other Assets 50,095 43,609
Intangible Assets, Net (Notes 1 and 2) 273,831 159,286
Goodwill (Notes 1 and 2) 459,917 392,084
Total Assets 1,409,426 1,175,665
Current Liabilities:    
Current maturities of long-term obligations (Note 6) 3,243 3,209
Accounts payable 55,587 42,104
Accrued payroll and employee benefits 35,628 41,855
Customer deposits 65,536 62,641
Advanced billings 10,720 12,194
Other current liabilities 51,337 52,406
Total Current Liabilities 222,051 214,409
Long-Term Obligations (Note 6) 306,773 107,666
Long-Term Deferred Income Taxes 40,972 36,398
Other Long-Term Liabilities 44,862 40,952
Commitments and Contingencies (Note 12)
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 122,253 124,940
Retained earnings 784,062 763,131
Treasury stock at cost, 2,881,213 and 2,915,978 shares (70,601) (71,453)
Accumulated other comprehensive items (Note 8) (53,173) (43,062)
Total Kadant Stockholders' Equity 782,687 773,702
Noncontrolling interests (Note 2) 12,081 2,538
Total Stockholders' Equity 794,768 776,240
Total Liabilities and Stockholders' Equity $ 1,409,426 $ 1,175,665