Condensed Consolidated Balance Sheet (Unaudited) - USD ($) $ in Thousands	Jul. 04, 2015	Jan. 03, 2015
Current Assets:
Cash and cash equivalents	$ 47,362	$ 45,378
Restricted cash	1,223	415
Accounts receivable, less allowances of $2,214 and $2,198	58,117	58,508
Inventories	64,207	55,223
Unbilled contract costs and fees	4,066	5,436
Other current assets	22,567	18,598
Assets of discontinued operation	103	116
Total Current Assets	197,645	183,674
Property, Plant, and Equipment, at Cost	118,614	118,902
Less: accumulated depreciation and amortization	74,921	73,937
Property, Plant and Equipment, at Cost, Net	43,693	44,965
Other Assets	9,548	10,272
Intangible Assets, Net	42,143	46,954
Goodwill	122,804	127,882
Total Assets	415,833	413,747
Current Liabilities:
Short-term obligations	5,500	611
Accounts payable	28,453	27,233
Accrued payroll and employee benefits	15,733	19,943
Customer deposits	22,409	18,452
Other current liabilities	20,223	20,718
Liabilities of discontinued operation	100	213
Total Current Liabilities	92,418	87,170
Other Long-Term Liabilities	34,740	35,868
Long-Term Obligations	$ 23,000	$ 25,250
Commitments and Contingencies
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	98,148	98,769
Retained earnings	281,894	270,249
Treasury stock at cost, 3,731,110 and 3,760,019 shares	(89,070)	(87,727)
Accumulated other comprehensive items	(26,670)	(17,146)
Total Kadant Stockholders' Equity	264,448	264,291
Noncontrolling interest	1,227	1,168
Total Stockholders' Equity	265,675	265,459
Total Liabilities and Stockholders' Equity	$ 415,833	$ 413,747