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Condensed Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 01, 2023
Jul. 02, 2022
Jul. 01, 2023
Jul. 02, 2022
Income Statement [Abstract]        
Revenue (Notes 1 and 10) $ 245,053 $ 221,649 $ 474,811 $ 448,129
Costs and Operating Expenses:        
Cost of revenue 138,503 125,611 266,215 253,880
Selling, general, and administrative expenses 59,990 55,319 118,552 114,487
Research and development expenses 3,408 3,251 6,778 6,329
Gain on sale and other costs, net (Note 2) 74 0 74 (20,008)
Total Costs and Operating Expenses 201,975 184,181 391,619 354,688
Operating Income 43,078 37,468 83,192 93,441
Interest Income 316 277 615 379
Interest Expense (2,245) (1,366) (4,615) (2,600)
Other Expense, Net (21) (19) (42) (41)
Income Before Provision for Income Taxes 41,128 36,360 79,150 91,179
Provision for Income Taxes (Note 4) 11,182 9,951 20,945 23,329
Net Income 29,946 26,409 58,205 67,850
Net Income Attributable to Noncontrolling Interest (212) (239) (396) (488)
Net Income Attributable to Kadant $ 29,734 $ 26,170 $ 57,809 $ 67,362
Earnings per Share Attributable to Kadant (Note 3)        
Basic (in dollars per share) $ 2.54 $ 2.24 $ 4.94 $ 5.78
Diluted (in dollars per share) $ 2.54 $ 2.24 $ 4.94 $ 5.77
Weighted Average Shares (Note 3)        
Basic (in shares) 11,704 11,660 11,693 11,645
Diluted (in shares) 11,723 11,689 11,709 11,672