| 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)
|
|
|
successor-in-interest to several papermaking equipment businesses of Thermo
Electron Corporation (Thermo Electron). In November 1992, we completed an
initial public offering of a portion of our outstanding common stock. On
July 12, 2001, we changed our name to Kadant Inc. from Thermo Fibertek Inc. In
August 2001, Thermo Electron disposed of its remaining equity interest in Kadant
Inc. by means of a stock dividend to its shareholders. Our common stock is
listed on the New York Stock Exchange, where it trades under the symbol "KAI."
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 supplier of equipment used in the global papermaking and paper
recycling industries and a manufacturer of granules made from papermaking
byproducts. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 2.26 | NA | 7.86 | | 06/2011 | 1.82 | NA | 17.31 | | 03/2011 | 1.67 | NA | 15.68 | | 12/2010 | 1.48 | NA | 15.93 | | 09/2010 | 0.25 | NA | 75.64 | | 06/2010 | 0.56 | NA | 31.11 | | 03/2010 | 0.04 | NA | 360.25 | | 12/2009 | -0.48 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
01/01 |
| Profitability |
2011 |
Leverage |
2011 |
| Net Inc/Comm Equity | 0.42 | Total Liab/Total Assets | 0.39 | | Net Inc/Total Assets | 0.05 | Total Liab/Inv Cap | 0.53 | | Net Inc/Inv Cap | 0.08 | Total Liab/Comm Equity | 2.96 | | Pretax Inc/Net Sales | 0.09 | Interest Coverage Ratio | 19.14 | | Net Inc/Net Sales | 0.07 | Curr Debt/Equity | 0.03 | | Cash Flow/Net Sales | 0.11 | LTD/Equity | 0.08 | | SG&A/NetSales | 0.33 | Total Debt/Equity | 0.11 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 5.96 | Quick Ratio | 1.44 | | Inventory Turnover | 3.84 | Current Ratio | 1.93 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.31 | | Net Sales/Work Cap | 3.42 | Inv/Curr Assets | 0.25 | | Net Sales/PP&E | 7.32 | | |
Income Statement (Millions) |
| |
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Total Revenues(Net Sales)
|
84.36
|
82.46
|
71.68
|
73.26
|
|
Cost of Goods Sold
|
48.35
|
44.75
|
37.59
|
42.18
|
|
Selling & Admin Exps
|
26.08
|
25.82
|
24.47
|
22.94
|
|
Operating Income
|
10.81
|
10.48
|
8.31
|
6.71
|
|
Interest Exp
|
0.25
|
0.30
|
0.26
|
0.31
|
|
Pretax Income
|
10.67
|
10.31
|
8.15
|
6.49
|
|
Other Income
|
0.12
|
0.12
|
0.10
|
0.09
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
8.65
|
7.30
|
5.79
|
5.18
|
|
Assets
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Cash & Short Term Investments
|
48.04
|
46.02
|
57.24
|
61.81
|
|
Receivables - Total
|
55.52
|
54.47
|
52.26
|
50.77
|
|
Inventories - Total
|
58.54
|
60.95
|
51.52
|
41.63
|
|
Total Current Assets
|
175.03
|
176.18
|
174.51
|
163.61
|
|
Net Property, Plant & Equipment
|
39.11
|
39.34
|
37.47
|
36.91
|
|
Total Assets
|
361.88
|
368.70
|
349.51
|
336.77
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
39.62
|
40.94
|
37.85
|
39.50
|
|
Debt in Current Liabilities
|
0.50
|
0.50
|
0.50
|
5.50
|
|
Total Current Liabilities
|
96.95
|
93.26
|
85.98
|
84.60
|
|
Long-Term Debt
|
16.88
|
17.00
|
17.13
|
17.25
|
|
Total Liabilities
|
141.52
|
141.47
|
131.97
|
130.93
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
1.18
|
1.16
|
1.63
|
1.46
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
0.15
|
0.15
|
0.15
|
0.15
|
|
Retained Earnings
|
186.87
|
178.23
|
170.92
|
165.13
|
|
Treasury Stock
|
-56.20
|
-46.88
|
-47.77
|
-48.79
|
|
Total Stockholders' Equity
|
220.36
|
227.24
|
217.54
|
205.84
|
|
Total Liabilities and Stockholders' Equity
|
361.88
|
368.70
|
349.51
|
336.77
|
Cash Flow Summary (Millions) |
|
Categories
|
10/1/2011
|
7/2/2011
|
4/2/2011
|
1/1/2011
|
|
Net Cash Provided by Operating Activities
|
12.40
|
6.84
|
0.37
|
14.00
|
|
Net Cash Provided by Investing Activities
|
0.79
|
-18.27
|
-1.54
|
-1.38
|
|
Net Cash Provided by Financing Activities
|
-8.60
|
-0.11
|
-7.66
|
0.23
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2006 | 341.61 | 17.10 | 0.70 | | 01/2007 | 366.50 | 22.67 | 1.30 | | 01/2009 | 329.16 | -22.56 | -1.67 | | 01/2010 | 225.56 | -5.92 | -0.48 | | 01/2011 | 270.03 | 18.51 | 1.48 | | Growth Rates | -5.71 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 134 | 10,528 | 88.29 |
|
Report Date :
2/6/2012
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