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Condensed Consolidated Balance Sheet (Unaudited) - USD ($)
$ in Thousands
Jun. 29, 2024
Dec. 30, 2023
Current Assets:    
Cash and cash equivalents $ 73,805 $ 103,832
Restricted cash 1,373 2,621
Accounts receivable, net of allowances of $4,253 and $4,090 149,689 133,929
Inventories 173,513 152,677
Contract assets 15,144 8,366
Other current assets 41,808 38,757
Total Current Assets 455,332 440,182
Property, Plant, and Equipment, net of accumulated depreciation of $139,055 and $132,846 174,182 140,504
Other Assets 58,788 43,609
Intangible Assets, Net (Notes 1 and 2) 289,695 159,286
Goodwill (Notes 1 and 2) 478,035 392,084
Total Assets 1,456,032 1,175,665
Current Liabilities:    
Current maturities of long-term obligations (Note 6) 3,233 3,209
Accounts payable 54,415 42,104
Accrued payroll and employee benefits 38,251 41,855
Customer deposits 48,391 62,641
Advanced billings 11,007 12,194
Other current liabilities 46,681 52,406
Total Current Liabilities 201,978 214,409
Long-Term Obligations (Note 6) 342,035 107,666
Long-Term Deferred Income Taxes 41,250 36,398
Other Long-Term Liabilities 52,383 40,952
Commitments and Contingencies (Note 12)
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 124,892 124,940
Retained earnings 811,595 763,131
Treasury stock at cost, 2,879,638 and 2,915,978 shares (70,563) (71,453)
Accumulated other comprehensive items (Note 8) (58,359) (43,062)
Total Kadant Stockholders' Equity 807,711 773,702
Noncontrolling interests (Note 2) 10,675 2,538
Total Stockholders' Equity 818,386 776,240
Total Liabilities and Stockholders' Equity $ 1,456,032 $ 1,175,665