v3.25.4
Acquisitions (Tables)
 12 Months Ended
Jan. 03, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Summary of assets and noncontrolling interests acquired
The following table summarizes the aggregate purchase price and estimated fair values of the net assets acquired related to the 2025 acquisitions.
(In thousands)
Total
Cash and Cash Equivalents
$10,304 
Accounts Receivable
22,923 
Inventories
39,662 
Other Current Assets
4,579 
Property, Plant and Equipment
23,003 
Other Assets
4,929 
Definite-Lived Intangible Assets
Customer relationships
80,463 
Tradenames
7,390 
Product technology
4,825 
Goodwill
57,297 
Total assets acquired
255,375 
Accounts Payable
6,775 
Customer Deposits
9,831 
Other Current Liabilities
15,625 
Long-Term Obligations
91 
Deferred Income Taxes
17,037 
Other Long-Term Liabilities
5,499 
Total liabilities assumed
54,858 
Net assets acquired
$200,517 
Purchase Price:
 
Cash Paid
$200,517 
The following table summarizes the aggregate purchase price and estimated fair values of the net assets and noncontrolling interests acquired related to the 2024 acquisitions. Measurement period adjustments in 2025 were not material to the Company's results of operations.
(In thousands)Total
Cash and Cash Equivalents$11,509 
Accounts Receivable12,382 
Inventories24,649 
Other Current Assets
4,936 
Property, Plant, and Equipment37,028 
Other Assets16,527 
Definite-Lived Intangible Assets
 
Customer relationships115,095 
Product technology24,530 
Tradenames9,497 
Other4,901 
Goodwill99,640 
Total assets acquired$360,694 
(In thousands)Total
Accounts Payable$3,301 
Customer Deposits
3,192 
Other Current Liabilities
10,212 
Deferred Income Taxes
5,786 
Other Long-Term Liabilities
13,849 
Total liabilities assumed36,340 
Noncontrolling interests acquired
9,319 
Net assets and noncontrolling interests acquired
$315,035 
Purchase Price:
Cash Paid$311,844 
Fair Value of Contingent Consideration (Note 10)
1,785 
Post-Closing Adjustments
1,406 
$315,035 
Revenue and Operating Income
Revenue and operating income for the year ended January 3, 2026 associated with the 2025 acquisitions from their respective acquisition dates are as follows:
(In thousands)
Total
Revenue
$27,836 
Operating Income (a)
$1,700 
(a) Includes amortization expense associated with acquired profit in inventory of $1,469,000 in 2025.
Revenue and operating income for the year ended December 28, 2024 associated with the 2024 acquisitions from their respective acquisition dates are as follows:

(In thousands)
 Total
Revenue$115,227 
Operating Income (a)
$5,548 
(a) Includes amortization expense associated with acquired profit in inventory and backlog of $8,441,000 in 2024.
Unaudited supplemental pro forma information
The following unaudited pro forma information presents the combined results of the Company, Babbini and Clyde Industries as if the acquisitions had occurred as of the beginning of 2024:
(In thousands, except per share amounts)January 3, 2026December 28, 2024
Revenue$1,129,921 $1,169,569 
Net Income Attributable to Kadant$113,637 $113,295 
Earnings per Share Attributable to Kadant
Basic$9.65 $9.65 
Diluted$9.64 $9.62