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Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Mar. 28, 2020
Dec. 28, 2019
Current Assets:    
Cash and cash equivalents $ 60,012 $ 66,786
Restricted cash 2,063 1,487
Accounts receivable 93,850 98,438
Less: allowance for credit losses 2,712 2,698
Accounts receivable, net 91,138 95,740
Inventories 102,718 102,715
Unbilled revenue 12,194 13,162
Other current assets 19,556 17,686
Total Current Assets 287,681 297,576
Property, Plant, and Equipment, at Cost 179,639 181,341
Less: accumulated depreciation and amortization 95,891 95,309
Property, Plant, and Equipment, at Cost, Net 83,748 86,032
Other Assets 39,932 45,851
Intangible Assets, Net (Note 1) 166,690 173,896
Goodwill (Note 1) 330,997 336,032
Total Assets 909,048 939,387
Current Liabilities:    
Current maturities of long-term obligations (Note 4) 2,687 2,851
Accounts payable 41,196 45,852
Accrued payroll and employee benefits 22,036 31,968
Customer deposits 25,588 24,012
Advanced billings 8,335 11,280
Other current liabilities 30,057 30,206
Total Current Liabilities 129,899 146,169
Long-Term Obligations (Note 4) 292,689 298,174
Other Long-Term Liabilities 62,188 67,965
Commitments and Contingencies (Note 11)
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 105,457 106,698
Retained earnings 445,027 435,249
Treasury stock at cost, 3,154,644 and 3,214,888 shares (77,302) (78,778)
Accumulated other comprehensive items (Note 7) (50,554) (37,620)
Total Kadant Stockholders' Equity 422,774 425,695
Noncontrolling interest 1,498 1,384
Total Stockholders' Equity 424,272 427,079
Total Liabilities and Stockholders' Equity $ 909,048 $ 939,387