v3.26.1
Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Operating Activities    
Net Income Attributable to Kadant $ 57,977 $ 50,222
Net income attributable to noncontrolling interests 691 854
Net Income 58,668 51,076
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 30,191 24,082
Stock-based compensation expense 5,795 5,820
Provision for (recovery of) losses on accounts receivable 92 (44)
Other items, net 5,333 3,783
Changes in assets and liabilities, net of effects of acquisitions:    
Accounts receivable (7,362) (3,126)
Contract assets (2,384) 7,665
Inventories 1,153 (14,804)
Other assets (159) (2,778)
Accounts payable (37) (608)
Customer deposits (7,482) 9,360
Other liabilities (8,382) (17,109)
Net cash provided by operating activities 75,426 63,317
Investing Activities    
Acquisitions, net of cash acquired (Note 2) (171,768) 0
Purchases of property, plant, and equipment (14,205) (7,804)
Proceeds from sale of property, plant, and equipment 439 166
Other investing activities 441 698
Net cash used in investing activities (185,093) (6,940)
Financing Activities    
Proceeds from issuance of long-term obligations (Note 5) 190,903 8,000
Repayment of long-term obligations (49,214) (56,930)
Tax withholding payments related to stock-based compensation (4,924) (6,056)
Dividends paid (8,259) (7,766)
Proceeds from issuance of Company common stock 0 2,101
Dividends paid to noncontrolling interests (1,100) (825)
Payment of debt issuance costs (27) 0
Net cash provided by (used in) financing activities 127,379 (61,476)
Exchange Rate Effect on Cash, Cash Equivalents, and Restricted Cash (2,769) 6,341
Increase in Cash, Cash Equivalents, and Restricted Cash 14,943 1,242
Cash, Cash Equivalents, and Restricted Cash at Beginning of Period 122,681 95,946
Cash, Cash Equivalents, and Restricted Cash at End of Period $ 137,624 $ 97,188