Company Information

  

Address: ONE TECHNOLOGY PARK DRIVE  
City: WESTFORD 
State: MA 
Zip Code: 01886 
Telephone: (978) 776-2000 

Description of Business

Primary SIC Code: 3550
(As filed with the SEC)  

The terms "we," "us," "our," "Registrant," or "Company" in this Report refer to Kadant Inc. and its consolidated subsidiaries. Description of Our Business We are a leading global supplier of equipment and critical components used in process industries worldwide. In addition, we manufacture granules made from papermaking by-products. We have a diverse and large customer base, including most of the world's major paper and oriented strand board (OSB) manufacturers, and our products, technologies and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. We believe our large installed base provides us with a spare parts and consumables business that yields higher margins than our capital equipment business. In 2016*, approximately 62% of our revenue was from the sale of parts and consumables products.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20173.030.21024.82
03/20173.060.21019.40
12/20162.880.19021.25
09/20163.130.19016.65
06/20163.090.19016.67
03/20163.090.19014.61
12/20153.090.17013.14
09/20152.970.17013.13

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity2.86Total Liab/Total Assets0.40
Net Inc/Total Assets0.07Total Liab/Inv Cap0.49
Net Inc/Inv Cap0.08Total Liab/Comm Equity16.77
Pretax Inc/Net Sales0.11Interest Coverage Ratio35.45
Net Inc/Net Sales0.08Curr Debt/Equity0.00
Cash Flow/Net Sales0.12LTD/Equity0.23
SG&A/NetSales0.33Total Debt/Equity0.23
Asset Utilization   Liquidity  
Net Receivables Turnover5.92Quick Ratio1.71
Inventory Turnover4.04Current Ratio2.33
Inventory Day Sales0.01Net Rec/Curr Assets0.33
Net Sales/Work Cap3.50Inv/Curr Assets0.27
Net Sales/PP&E8.68  

Income Statement (Millions)

  7/1/2017 4/1/2017 12/31/2016 10/1/2016
Total Revenues(Net Sales) 110.24 102.86 100.24 105.52
Cost of Goods Sold 57.42 53.87 54.17 57.44
Selling & Admin Exps 39.16 34.80 33.66 33.84
Operating Income 11.44 12.05 10.68 12.56
Interest Exp 0.39 0.35 0.38 0.31
Pretax Income 11.15 11.80 10.39 12.31
Other Income 0.10 0.10 0.09 0.05
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 8.10 8.95 7.73 9.16

Balance Sheet (Millions)

Assets 7/1/2017 4/1/2017 12/31/2016 10/1/2016
Cash & Short Term Investments 87.98 73.08 73.57 65.48
Receivables - Total 75.42 76.19 69.03 70.58
Inventories - Total 63.39 59.84 54.95 58.65
Total Current Assets 241.16 222.15 207.35 205.87
Net Property, Plant & Equipment 49.98 48.63 47.70 49.30
Total Assets 514.81 488.83 470.69 484.12
Liabilities        
Accounts Payable 47.89 42.45 47.18 48.10
Debt in Current Liabilities 0.70 0.66 0.64 0.00
Total Current Liabilities 105.36 90.62 88.91 91.50
Long-Term Debt 65.07 69.90 65.77 63.52
Total Liabilities 205.51 195.35 188.06 196.58
Stockholder's Equity        
Minority Interest 2.03 1.81 1.65 1.69
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 0.15 0.15 0.15 0.15
Retained Earnings 333.48 327.69 321.05 315.40
Treasury Stock -88.70 -88.79 -90.34 -90.90
Total Stockholders' Equity 309.31 293.48 282.63 287.54
Total Liabilities and Stockholders' Equity 514.81 488.83 470.69 484.12

Cash Flow Summary (Millions)

Categories 7/1/2017 4/1/2017 12/31/2016 10/1/2016
Net Cash Provided by Operating Activities 23.69 1.68 16.27 15.53
Net Cash Provided by Investing Activities -1.66 -1.89 -2.21 -1.83
Net Cash Provided by Financing Activities -10.05 -1.05 -1.28 -4.52

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012331.7531.622.66
12/2013344.5023.422.07
12/2014402.1328.662.56
12/2015390.1134.393.09
12/2016414.1332.082.88
Growth Rates5.700.362.01

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/171669,98290.71




Report Date : 10/23/2017

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