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Condensed Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 29, 2024
Jul. 01, 2023
Jun. 29, 2024
Jul. 01, 2023
Income Statement [Abstract]        
Revenue (Notes 1 and 11) $ 274,765 $ 245,053 $ 523,740 $ 474,811
Costs and Operating Expenses:        
Cost of revenue 152,878 138,503 290,891 266,215
Selling, general, and administrative expenses 70,004 59,990 140,309 118,552
Research and development expenses 3,482 3,408 7,212 6,778
Other costs (Note 3) 0 74 0 74
Total Costs and Operating Expenses 226,364 201,975 438,412 391,619
Operating Income 48,401 43,078 85,328 83,192
Interest Income 368 316 979 615
Interest Expense (5,201) (2,245) (9,870) (4,615)
Other Expense, Net (2) (21) (32) (42)
Income Before Provision for Income Taxes 43,566 41,128 76,405 79,150
Provision for Income Taxes (Note 5) 11,992 11,182 19,846 20,945
Net Income 31,574 29,946 56,559 58,205
Net Income Attributable to Noncontrolling Interests (283) (212) (579) (396)
Net Income Attributable to Kadant $ 31,291 $ 29,734 $ 55,980 $ 57,809
Earnings per Share Attributable to Kadant (Note 4)        
Basic (in dollars per share) $ 2.66 $ 2.54 $ 4.77 $ 4.94
Diluted (in dollars per share) $ 2.66 $ 2.54 $ 4.76 $ 4.94
Weighted Average Shares (Note 4)        
Basic (in shares) 11,743 11,704 11,734 11,693
Diluted (in shares) 11,766 11,723 11,755 11,709