XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Jun. 28, 2025
Dec. 28, 2024
Current Assets:    
Cash and cash equivalents $ 95,321 $ 94,660
Restricted cash 1,867 1,286
Accounts receivable, net of allowances of $4,431 and $4,403 152,574 142,462
Inventories 168,588 146,092
Contract assets 11,105 18,408
Other current assets 45,237 39,418
Total Current Assets 474,692 442,326
Property, Plant, and Equipment, net of accumulated depreciation of $159,456 and $145,359 174,724 170,331
Other Assets 64,301 59,025
Intangible Assets, Net (Note 1) 272,973 279,494
Goodwill (Note 1) 497,824 479,169
Total Assets 1,484,514 1,430,345
Current Liabilities:    
Current maturities of long-term obligations (Note 4) 3,257 3,376
Accounts payable 52,541 51,062
Accrued payroll and employee benefits 37,797 43,815
Accrued warranty costs 9,981 10,664
Customer deposits 47,646 35,887
Advanced billings 8,029 7,641
Other current liabilities 40,542 39,120
Total Current Liabilities 199,793 191,565
Long-Term Obligations (Note 4) 245,666 285,151
Long-Term Deferred Income Taxes 45,249 41,850
Other Long-Term Liabilities 56,513 53,651
Commitments and Contingencies (Note 9)
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 131,279 130,180
Retained earnings 901,907 859,693
Treasury stock at cost, 2,846,846 and 2,878,080 shares (69,759) (70,524)
Accumulated other comprehensive items (Note 6) (37,553) (72,368)
Total Kadant Stockholders' Equity 926,020 847,127
Noncontrolling interests 11,273 11,001
Total Stockholders' Equity 937,293 858,128
Total Liabilities and Stockholders' Equity $ 1,484,514 $ 1,430,345