Comprehensive Income

6 Months Ended

Jul. 02, 2011

Comprehensive Income [Abstract]

Comprehensive Income

4.         Comprehensive Income (Loss)

Comprehensive income (loss) attributable to Kadant combines net income, other comprehensive items, and comprehensive (income) loss attributable to noncontrolling interest. Other comprehensive items represent certain amounts that are reported as components of shareholders’ investment in the accompanying condensed consolidated balance sheet, including foreign currency translation adjustments, deferred gains and losses and unrecognized prior service cost associated with pension and other post-retirement plans, and deferred gains and losses on hedging instruments. The components of comprehensive income (loss) attributable to Kadant are as follows:

	Three Months Ended						Six Months Ended
	July 2,			July 3,			July 2,			July 3,
(In thousands)	2011			2010			2011			2010
Net Income	$	7,373		$	5,273		$	13,246		$	8,914
Other Comprehensive Items:
Foreign Currency Translation Adjustment		1,786			(5,813	)		7,936			(9,718	)
Pension and Other Post-Retirement Liability Adjustments, net (net of income tax of $47 and $91 in the three and six months ended July 2, 2011, respectively, and           $66 and $108 in the three and six months ended             July 3, 2010, respectively)		84			124			(793	)		204
Deferred Gain (Loss) on Hedging Instruments (net of income tax of $24 and $31 in the three and six months            ended July 2, 2011, respectively, and $(24) and $(179) in the three and six months ended July 3, 2010,          respectively)		1			(327	)		207			(668	)
		1,871			(6,016	)		7,350			(10,182	)
Comprehensive Income (Loss)		9,244			(743	)		20,596			(1,268	)
Comprehensive (Income) Loss Attributable to Noncontrolling Interest		(106	)		58			(279	)		106
Comprehensive Income (Loss) Attributable to Kadant	$	9,138		$	(685	)	$	20,317		$	(1,162	)