Document_and_Entity_Informatio
| Document and Entity Information | 9 Months Ended | |
| Sep. 27, 2014 | Oct. 24, 2014 | |
| Document and Entity Information [Abstract] | ' | ' |
| Entity Registrant Name | 'Kadant Inc | ' |
| Entity Central Index Key | '0000886346 | ' |
| Current Fiscal Year End Date | '--01-03 | ' |
| Entity Filer Category | 'Accelerated Filer | ' |
| Document Type | '10-Q | ' |
| Document Period End Date | 27-Sep-14 | ' |
| Document Fiscal Year Focus | '2014 | ' |
| Document Fiscal Period Focus | 'Q3 | ' |
| Amendment Flag | 'false | ' |
| Entity Common Stock, Shares Outstanding | ' | 10,886,873 |
| Entity Well-known Seasoned Issuer | 'No | ' |
| Entity Voluntary Filers | 'No | ' |
| Entity Current Reporting Status | 'Yes | ' |
Condensed_Consolidated_Balance
| Condensed Consolidated Balance Sheet (Unaudited) (USD $) | Sep. 27, 2014 | Dec. 28, 2013 |
| In Thousands, unless otherwise specified | ||
| Current Assets: | ' | ' |
| Cash and cash equivalents | $41,121 | $50,032 |
| Restricted cash (Note 1) | 598 | 168 |
| Accounts receivable, less allowances of $2,715 and $2,689 (Note 1) | 67,714 | 70,271 |
| Inventories (Note 1) | 57,707 | 62,805 |
| Unbilled contract costs and fees | 4,798 | 3,679 |
| Other current assets | 19,030 | 19,189 |
| Assets of discontinued operation | 123 | 144 |
| Total Current Assets | 191,091 | 206,288 |
| Property, Plant, and Equipment, at Cost | 118,017 | 117,997 |
| Less: accumulated depreciation and amortization | 74,565 | 73,112 |
| Property, Plant and Equipment, at Cost, Net | 43,452 | 44,885 |
| Other Assets | 10,148 | 11,230 |
| Intangible Assets, Net (Note 1) | 43,744 | 47,850 |
| Goodwill | 129,880 | 131,915 |
| Total Assets | 418,315 | 442,168 |
| Current Liabilities: | ' | ' |
| Current maturities of long-term obligations (Note 6) | 625 | 625 |
| Accounts payable | 27,873 | 28,388 |
| Accrued payroll and employee benefits | 18,421 | 19,116 |
| Customer deposits | 23,178 | 28,174 |
| Other current liabilities | 25,122 | 23,286 |
| Liabilities of discontinued operation | 213 | 213 |
| Total Current Liabilities | 95,432 | 99,802 |
| Other Long-Term Liabilities | 32,260 | 33,935 |
| Long-Term Obligations (Note 6) | 22,375 | 38,010 |
| Commitments and Contingencies (Note 13) | 0 | 0 |
| 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 | 97,241 | 96,809 |
| Retained earnings | 262,778 | 248,170 |
| Treasury stock at cost, 3,737,286 and 3,524,742 shares | -86,386 | -76,339 |
| Accumulated other comprehensive items (Note 9) | -6,715 | 710 |
| Total Kadant Stockholders' Equity | 267,064 | 269,496 |
| Noncontrolling interest | 1,184 | 925 |
| Total Stockholders' Equity | 268,248 | 270,421 |
| Total Liabilities and Stockholders' Equity | $418,315 | $442,168 |
Condensed_Consolidated_Balance1
| Condensed Consolidated Balance Sheet (Unaudited) (Parenthetical) (USD $) | Sep. 27, 2014 | Dec. 28, 2013 |
| In Thousands, except Share data, unless otherwise specified | ||
| Current Assets: | ' | ' |
| Accounts receivable, allowances | $2,715 | $2,689 |
| Stockholders' Equity: | ' | ' |
| Preferred stock, par value (in dollars per share) | $0.01 | $0.01 |
| Preferred stock, authorized (in shares) | 5,000,000 | 5,000,000 |
| Preferred stock, issued (in shares) | 0 | 0 |
| Common stock, par value (in dollars per share) | $0.01 | $0.01 |
| Common stock, authorized (in shares) | 150,000,000 | 150,000,000 |
| Common stock, issued (in shares) | 14,624,159 | 14,624,159 |
| Treasury stock (in shares) | 3,737,286 | 3,524,742 |
Condensed_Consolidated_Stateme
| Condensed Consolidated Statement of Income (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, except Per Share data, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 |
| Income Statement [Abstract] | ' | ' | ' | ' |
| Revenues | $98,719 | $91,315 | $296,921 | $249,684 |
| Costs and Operating Expenses: | ' | ' | ' | ' |
| Cost of revenues | 54,607 | 51,194 | 165,547 | 133,597 |
| Selling, general, and administrative expenses | 31,872 | 28,606 | 95,942 | 85,001 |
| Research and development expenses | 1,555 | 1,558 | 4,696 | 5,114 |
| Restructuring costs and other income, net (Note 3) | 534 | 45 | 928 | 263 |
| Total Costs and Operating Expenses | 88,568 | 81,403 | 267,113 | 223,975 |
| Operating Income | 10,151 | 9,912 | 29,808 | 25,709 |
| Interest Income | 42 | 155 | 346 | 406 |
| Interest Expense | -210 | -239 | -766 | -635 |
| Income from Continuing Operations Before Provision for Income Taxes | 9,983 | 9,828 | 29,388 | 25,480 |
| Provision for Income Taxes (Note 5) | 3,246 | 3,327 | 9,468 | 7,786 |
| Income from Continuing Operations | 6,737 | 6,501 | 19,920 | 17,694 |
| Loss from Discontinued Operation | -4 | -14 | -18 | -55 |
| Net Income | 6,733 | 6,487 | 19,902 | 17,639 |
| Net Income Attributable to Noncontrolling Interest | -86 | -40 | -344 | -148 |
| Net Income Attributable to Kadant | 6,647 | 6,447 | 19,558 | 17,491 |
| Amounts Attributable to Kadant: | ' | ' | ' | ' |
| Income from Continuing Operations | 6,651 | 6,461 | 19,576 | 17,546 |
| Loss from Discontinued Operation | -4 | -14 | -18 | -55 |
| Net Income Attributable to Kadant | $6,647 | $6,447 | $19,558 | $17,491 |
| Earnings per Share from Continuing Operations Attributable to Kadant (Note 4): | ' | ' | ' | ' |
| Basic (in dollars per share) | $0.61 | $0.58 | $1.78 | $1.57 |
| Diluted (in dollars per share) | $0.60 | $0.57 | $1.74 | $1.55 |
| Earnings per Share Attributable to Kadant (Note 4): | ' | ' | ' | ' |
| Basic (in dollars per share) | $0.61 | $0.58 | $1.77 | $1.57 |
| Diluted (in dollars per share) | $0.60 | $0.57 | $1.74 | $1.55 |
| Weighted Average Shares (Note 4): | ' | ' | ' | ' |
| Basic (in shares) | 10,898 | 11,153 | 11,026 | 11,165 |
| Diluted (in shares) | 11,133 | 11,365 | 11,231 | 11,321 |
| Cash Dividends Declared per Common Share | $0.15 | $0.13 | $0.45 | $0.38 |
Condensed_Consolidated_Stateme1
| Condensed Consolidated Statement of Income (Unaudited) (Parenthetical) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 |
| Income Statement [Abstract] | ' | ' | ' | ' |
| Loss from Discontinued Operation, income tax benefit | $3 | $8 | $11 | $33 |
Condensed_Consolidated_Stateme2
| Condensed Consolidated Statement of Comprehensive Income (Unaudited) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 |
| Statement of Comprehensive Income [Abstract] | ' | ' | ' | ' |
| Net Income | $6,733 | $6,487 | $19,902 | $17,639 |
| Other Comprehensive Items: | ' | ' | ' | ' |
| Foreign Currency Translation Adjustment | -7,474 | 4,678 | -7,652 | 1,189 |
| Pension and Other Post-Retirement Liability Adjustments (net of tax) | 105 | 105 | 215 | 362 |
| Deferred (Loss) Gain on Hedging Instruments (net of tax) | -66 | 61 | -73 | 350 |
| Other Comprehensive Items | -7,435 | 4,844 | -7,510 | 1,901 |
| Comprehensive (Loss) Income | -702 | 11,331 | 12,392 | 19,540 |
| Comprehensive Income Attributable to Noncontrolling Interest | -8 | -109 | -259 | -194 |
| Comprehensive (Loss) Income Attributable to Kadant | ($710) | $11,222 | $12,133 | $19,346 |
Condensed_Consolidated_Stateme3
| Condensed Consolidated Statement of Comprehensive Income (Unaudited) (Parenthetical) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 |
| Other Comprehensive Items: | ' | ' | ' | ' |
| Pension and other post-retirement liability adjustments, tax effect | $57 | $58 | $118 | $198 |
| Deferred (loss) gain on hedging instruments, tax effect | $41 | $30 | $93 | $110 |
Condensed_Consolidated_Stateme4
| Condensed Consolidated Statement of Cash Flows (Unaudited) (USD $) | 9 Months Ended | |
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 |
| Operating Activities: | ' | ' |
| Net Income Attributable to Kadant | $19,558 | $17,491 |
| Net income attributable to noncontrolling interest | 344 | 148 |
| Loss from discontinued operation | 18 | 55 |
| Income from continuing operations | 19,920 | 17,694 |
| Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | ' | ' |
| Depreciation and amortization | 8,558 | 6,730 |
| Stock-based compensation expense | 4,251 | 3,794 |
| Provision (benefit) for losses on accounts receivable | 283 | -40 |
| Gain on the sale of property, plant, and equipment | -158 | -1,908 |
| Other items, net | 473 | 309 |
| Contributions to pension plan | -810 | -810 |
| Changes in current assets and liabilities, net of effects of acquisitions: | ' | ' |
| Accounts receivable | 935 | 3,563 |
| Unbilled contract costs and fees | -1,414 | -780 |
| Inventories | 3,189 | -2,176 |
| Other current assets | -272 | -1,871 |
| Accounts payable | 459 | 2,276 |
| Other current liabilities | -5,012 | 3,916 |
| Net cash provided by continuing operations | 30,402 | 30,697 |
| Net cash provided by (used in) discontinued operation | 2 | -191 |
| Net cash provided by operating activities | 30,404 | 30,506 |
| Investing Activities: | ' | ' |
| Acquisitions, net of cash acquired | -2,974 | -14,209 |
| Purchases of property, plant, and equipment | -3,145 | -4,149 |
| Proceeds from sale of property, plant, and equipment | 231 | 3,320 |
| Other, net | 0 | 646 |
| Net cash used in continuing operations for investing activities | -5,888 | -14,392 |
| Financing Activities: | ' | ' |
| Proceeds from issuance of long-term obligations | 15,401 | 18,900 |
| Repayments of long-term obligations | -30,709 | -11,275 |
| Purchases of Company common stock | -13,159 | -3,481 |
| Dividends paid | -4,706 | -2,796 |
| Proceeds from issuance of Company common stock | 639 | 337 |
| Change in restricted cash | -437 | -166 |
| Other, net | 711 | 327 |
| Net cash (used in) provided by continuing operations for financing activities | -32,260 | 1,846 |
| Exchange Rate Effect on Cash and Cash Equivalents from Continuing Operations | -1,167 | 488 |
| (Decrease) Increase in Cash and Cash Equivalents from Continuing Operations | -8,911 | 18,448 |
| Cash and Cash Equivalents at Beginning of Period | 50,032 | 54,553 |
| Cash and Cash Equivalents at End of Period | $41,121 | $73,001 |
Condensed_Consolidated_Stateme5
| Condensed Consolidated Statement of Stockholders' Equity (Unaudited) (USD $) | Total | Common Stock | Capital in Excess of Par Value | Retained Earnings | Treasury Stock | Accumulated Other Comprehensive Items | Noncontrolling Interest |
| In Thousands, except Share data, unless otherwise specified | |||||||
| Beginning balance at Dec. 29, 2012 | $249,967 | $146 | $95,448 | $230,329 | ($74,025) | ($3,315) | $1,384 |
| Beginning balance (in shares) at Dec. 29, 2012 | ' | 14,624,159 | ' | ' | 3,493,546 | ' | ' |
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
| Net Income | 17,639 | ' | ' | 17,491 | ' | ' | 148 |
| Dividends declared | -4,189 | ' | ' | -4,189 | ' | ' | ' |
| Dividend paid to minority shareholder | -206 | ' | ' | ' | ' | ' | -206 |
| Activity under stock plans | 2,642 | ' | -276 | ' | 2,918 | ' | ' |
| Treasury stock reissued (in shares) | ' | ' | ' | ' | -137,554 | ' | ' |
| Tax benefits related to employees' and directors' stock plans | 327 | ' | 327 | ' | ' | ' | ' |
| Purchases of Company common stock | -3,481 | ' | ' | ' | -3,481 | ' | ' |
| Purchases of Company common stock (in shares) | ' | ' | ' | ' | 125,000 | ' | ' |
| Other Comprehensive Items | 1,901 | ' | ' | ' | ' | 1,855 | 46 |
| Ending balance at Sep. 28, 2013 | 264,600 | 146 | 95,499 | 243,631 | -74,588 | -1,460 | 1,372 |
| Ending balance (in shares) at Sep. 28, 2013 | ' | 14,624,159 | ' | ' | 3,480,992 | ' | ' |
| Beginning balance at Dec. 28, 2013 | 270,421 | 146 | 96,809 | 248,170 | -76,339 | 710 | 925 |
| Beginning balance (in shares) at Dec. 28, 2013 | ' | 14,624,159 | ' | ' | 3,524,742 | ' | ' |
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' | ' |
| Net Income | 19,902 | ' | ' | 19,558 | ' | ' | 344 |
| Dividends declared | -4,950 | ' | ' | -4,950 | ' | ' | ' |
| Activity under stock plans | 2,832 | ' | -280 | ' | 3,112 | ' | ' |
| Treasury stock reissued (in shares) | ' | ' | ' | ' | -142,591 | ' | ' |
| Tax benefits related to employees' and directors' stock plans | 712 | ' | 712 | ' | ' | ' | ' |
| Purchases of Company common stock | -13,159 | ' | ' | ' | -13,159 | ' | ' |
| Purchases of Company common stock (in shares) | ' | ' | ' | ' | 355,135 | ' | ' |
| Other Comprehensive Items | -7,510 | ' | ' | ' | ' | -7,425 | -85 |
| Ending balance at Sep. 27, 2014 | $268,248 | $146 | $97,241 | $262,778 | ($86,386) | ($6,715) | $1,184 |
| Ending balance (in shares) at Sep. 27, 2014 | ' | 14,624,159 | ' | ' | 3,737,286 | ' | ' |
Nature_of_Operations_and_Summa
| Nature of Operations and Summary of Significant Accounting Policies | 9 Months Ended | ||||||||
| Sep. 27, 2014 | |||||||||
| Accounting Policies [Abstract] | ' | ||||||||
| Nature of Operations and Summary of Significant Accounting Policies | ' | ||||||||
| 1.    Nature of Operations and Summary of Significant Accounting Policies | |||||||||
| Nature of Operations | |||||||||
| Kadant Inc. and its subsidiaries' (collectively, "we," "Kadant," "the Company," or "the Registrant") continuing operations include two reportable operating segments, Papermaking Systems and Wood Processing Systems, and a separate product line, Fiber-based Products. | |||||||||
| Through its Papermaking Systems segment, the Company develops, manufactures, and markets a range of equipment and products primarily for the global papermaking, paper recycling, and process industries. The Company's principal products in this segment include custom-engineered stock-preparation systems and equipment for the preparation of wastepaper for conversion into recycled paper; fluid-handling systems used primarily in the dryer section of the papermaking process and during the production of corrugated boxboard, metals, plastics, rubber, textiles, chemicals, and food; doctoring systems and equipment and related consumables important to the efficient operation of paper machines; and cleaning and filtration systems essential for draining, purifying, and recycling process water and cleaning paper machine fabrics and rolls. | |||||||||
| Through its Wood Processing Systems segment, the Company designs and manufactures stranders and related equipment used in the production of oriented strand board, an engineered wood panel product used primarily in home construction. This segment also supplies debarking and wood chipping equipment used in the forest products and the pulp and paper industries. | |||||||||
| Through its Fiber-based Products business, the Company manufactures and sells granules derived from papermaking byproducts primarily for use as agricultural carriers and for home lawn and garden applications, as well as for oil and grease absorption. | |||||||||
| Interim Financial Statements | |||||||||
| The interim condensed consolidated financial statements and related notes presented have been prepared by the Company, are unaudited, and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary for a fair statement of the Company's financial position at September 27, 2014 and its results of operations and comprehensive income for the three and nine month periods ended September 27, 2014 and September 28, 2013, and its cash flows and stockholders' equity for the nine month periods ended September 27, 2014 and September 28, 2013. Interim results are not necessarily indicative of results for a full year or for any other interim period. | |||||||||
| The condensed consolidated balance sheet presented as of December 28, 2013 has been derived from the consolidated financial statements contained in the Company's Annual Report on Form 10-K for the fiscal year ended December 28, 2013. The condensed consolidated financial statements and related notes are presented as permitted by the Securities and Exchange Commission (SEC) rules and regulations for Form 10-Q and do not contain certain information included in the annual consolidated financial statements and related notes of the Company. The condensed consolidated financial statements and notes included herein should be read in conjunction with the consolidated financial statements and related notes included in the Company's Annual Report on Form 10-K for the fiscal year ended December 28, 2013, filed with the SEC. | |||||||||
| Fiscal Year | |||||||||
| Typically, the Company's fiscal quarters and fiscal year consist of 13 and 52 weeks, respectively, ending on the Saturday closest to the end of the corresponding calendar quarter for the Company's fiscal quarters and on the Saturday closest to December 31 for the Company's fourth fiscal quarter and fiscal year. As a result, a 53rd week is added to the Company's fiscal year every five or six years. In a 53-week fiscal year, the Company's fourth fiscal quarter contains 14 weeks. The Company's fiscal year ending January 3, 2015 (fiscal 2014) contains 53 weeks and the Company's fiscal year ending December 28, 2013 (fiscal 2013) contains 52 weeks. Each quarter of fiscal 2014 and 2013 contains 13 weeks, except the fourth quarter of 2014, which will contain 14 weeks. | |||||||||
| Critical Accounting Policies | |||||||||
| Critical accounting policies are defined as those that entail significant judgments and estimates, and could potentially result in materially different results under different assumptions and conditions. The Company believes that the most critical accounting policies upon which its financial position depends, and which involve the most complex or subjective decisions or assessments, concern revenue recognition and accounts receivable, warranty obligations, income taxes, the valuation of goodwill and intangible assets, inventories and pension obligations. A discussion of the application of these and other accounting policies is included in Notes 1 and 3 to the consolidated financial statements in the Company's Annual Report on Form 10-K for the fiscal year ended December 28, 2013. | |||||||||
| Use of Estimates | |||||||||
| The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. | |||||||||
| Supplemental Cash Flow Information | |||||||||
| Nine Months Ended | |||||||||
| (In thousands) | September 27, 2014 | September 28, 2013 | |||||||
| Non-Cash Investing Activities: | |||||||||
| Fair Value of Assets Acquired | $ | 5,635 | $ | 22,688 | |||||
| Cash Paid for Acquired Businesses | (3,648 | ) | (15,332 | ) | |||||
| Liabilities Assumed of Acquired Businesses | $ | 1,987 | $ | 7,356 | |||||
| Non-Cash Financing Activities: | |||||||||
| Issuance of Company Common Stock | $ | 2,957 | $ | 2,515 | |||||
| Dividends Declared but Unpaid | $ | 1,634 | $ | 1,393 | |||||
| Restricted Cash | |||||||||
| As of September 27, 2014 and December 28, 2013, the Company had restricted cash of $598,000 and $168,000, respectively. This cash serves as collateral for bank guarantees primarily associated with providing assurance to customers that the Company will fulfill certain customer obligations entered into in the normal course of business. All the bank guarantees will expire by the end of 2015. | |||||||||
| Banker's Acceptance Drafts | |||||||||
| The Company's Chinese subsidiaries may receive banker's acceptance drafts from customers as payment for their trade accounts receivable. The banker's acceptance drafts are non-interest bearing obligations of the issuing bank and mature within six months of the origination date. The Company has the ability to sell the drafts at a discount to a third-party financial institution or transfer the drafts to vendors in settlement of current accounts payable prior to the scheduled maturity date. These drafts, which totaled $9,988,000 and $10,765,000 at September 27, 2014 and December 28, 2013, respectively, are included in accounts receivable in the accompanying condensed consolidated balance sheet until the subsidiary obtains cash payment on the scheduled maturity date or upon the sale or transfer of the drafts prior to maturity. | |||||||||
| Inventories | |||||||||
| The components of inventories are as follows: | |||||||||
| September 27, 2014 | December 28, 2013 | ||||||||
| (In thousands) | |||||||||
| Raw Materials and Supplies | $ | 24,063 | $ | 20,836 | |||||
| Work in Process | 15,598 | 21,051 | |||||||
| Finished Goods | 18,046 | 20,918 | |||||||
| $ | 57,707 | $ | 62,805 | ||||||
| Intangible Assets, Net | |||||||||
| Acquired intangible assets are as follows: | |||||||||
| September 27, 2014 | December 28, 2013 | ||||||||
| (In thousands) | |||||||||
| Indefinite-Lived Intangible Assets | $ | 8,100 | $ | 8,100 | |||||
| Finite-Lived Intangible Assets, Gross | $ | 71,193 | $ | 69,409 | |||||
| Accumulated Amortization | (34,668 | ) | (30,373 | ) | |||||
| Currency Translation | (881 | ) | 714 | ||||||
| Finite-Lived Intangible Assets, Net | $ | 35,644 | $ | 39,750 | |||||
| Total Intangible Assets, Net | $ | 43,744 | $ | 47,850 | |||||
| Warranty Obligations | |||||||||
| The Company provides for the estimated cost of product warranties at the time of sale based on the actual historical occurrence rates and repair costs. The Company typically negotiates the terms regarding warranty coverage and length of warranty depending on the products and applications. While the Company engages in extensive product quality programs and processes, the Company's warranty obligation is affected by product failure rates, repair costs, service delivery costs incurred in correcting a product failure, and supplier warranties on parts delivered to the Company. Should actual product failure rates, repair costs, service delivery costs, or supplier warranties on parts differ from the Company's estimates, revisions to the estimated warranty liability would be required. | |||||||||
| The changes in the carrying amount of accrued warranty costs included in other current liabilities in the accompanying condensed consolidated balance sheet are as follows: | |||||||||
| Nine Months Ended | |||||||||
| (In thousands) | September 27, 2014 | September 28, 2013 | |||||||
| Balance at beginning of period | $ | 4,571 | $ | 4,462 | |||||
| Provision | 1,681 | 969 | |||||||
| Usage | (2,016 | ) | (1,366 | ) | |||||
| Acquired | — | 138 | |||||||
| Currency translation | (190 | ) | 62 | ||||||
| Balance at end of period | $ | 4,046 | $ | 4,265 | |||||
| Recent Accounting Pronouncements | |||||||||
| Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360) Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. In April 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-08, which provides new guidance on reporting discontinued operations and disclosures of disposals. Under the new guidance, only disposals representing a strategic shift in operations will be presented as discontinued operations. The new guidance also requires disclosure of the pre-tax income attributable to a disposal of a significant part of the company that does not qualify for discontinued operations reporting. This guidance is effective for the Company beginning in fiscal 2015. Adoption of this ASU is not expected to have a material impact on the Company's consolidated financial position, results of operations or cash flows. | |||||||||
| Revenue from Contracts with Customers (Topic 606) Section A—Summary and Amendments That Create Revenue from Contracts with Customers (Topic 606) and Other Assets and Deferred Costs—Contracts with Customers (Subtopic 340-40). In May 2014, the FASB issued ASU No. 2014-09, which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. The new guidance provides a five-step analysis of transactions to determine when and how revenue is recognized. The ASU will replace most existing revenue recognition guidance in GAAP when it becomes effective. The new guidance is effective for the Company beginning in fiscal 2017. Early adoption is not permitted. The standard permits the use of either the retrospective or cumulative effect transition method. The Company is currently evaluating the effect that ASU No. 2014-09 will have on its consolidated financial statements and related disclosures. The Company has not yet selected a transition method nor has it determined the effect of the standard on its ongoing financial reporting. | |||||||||
| Compensation—Stock Compensation (Topic 718) Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. In June 2014, the FASB issued ASU No. 2014-12, which clarifies the proper method of accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. Under the new guidance, a performance target that affects vesting and could be achieved after completion of the service period should be treated as a performance condition under FASB Accounting Standards Codification (ASC) 718 and, as a result, should not be included in the estimation of the grant-date fair value of the award. An entity should recognize compensation cost for the award when it becomes probable that the performance target will be achieved. In the event that an entity determines that it is probable that a performance target will be achieved before the end of the service period, the compensation cost of the award should be recognized prospectively over the remaining service period. The new guidance is effective for the Company beginning in fiscal 2016. Early adoption is permitted. Adoption of this ASU is not expected to have a material impact on the Company's consolidated financial position, results of operations or cash flows. | |||||||||
| Preparation of Financial Statements – Going Concern (Subtopic 205-40), Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. In August 2014, the FASB issued ASU No. 2014-15, which states that under GAAP, continuation of a reporting entity as a going concern is presumed as the basis for preparing financial statements unless and until the entity’s liquidation becomes imminent. If and when an entity’s liquidation becomes imminent, financial statements should be prepared under the liquidation basis of accounting. Even when an entity’s liquidation is not imminent, there may be conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern. In those situations, financial statements should continue to be prepared under the going concern basis of accounting, but the amendments in this ASU should be followed to determine whether to disclose information about the relevant conditions and events. The new guidance is effective for the Company beginning in fiscal 2017, and for annual periods and interim periods thereafter. Early application is permitted. The Company will evaluate the going concern considerations in this ASU; however, management does not currently believe that the Company will meet the conditions that would subject its financial statements to additional disclosure. | |||||||||
Acquisitions
| Acquisitions | 9 Months Ended | |
| Sep. 27, 2014 | ||
| Business Combinations [Abstract] | ' | |
| Acquisitions | ' | |
| 2 | Acquisitions | |
| In the first quarter of 2014, the Company acquired all the outstanding shares of a European producer of creping and coating blades for approximately $2,627,000 in cash, including $674,000 of cash acquired and $53,000 of debt assumed. The Company paid $40,000 of additional consideration in the third quarter of 2014. An additional 1,000,000 euros, or approximately $1,275,000 as of September 27, 2014, of contingent consideration is due to the sellers within two years of the closing date if certain conditions are met, as defined in the purchase agreement. The fair value of this contingent consideration was $1,175,000 as of September 27, 2014. | ||
| This acquisition has been accounted for using the purchase method of accounting and its results have been included in the accompanying financial statements from the date of the acquisition. The Company has made a preliminary fair value assessment of the assets acquired and liabilities assumed, including identifiable intangible assets acquired of $1,800,000, which are being amortized using the straight-line method over 12 years. The excess of the acquisition purchase price over the tangible and identifiable intangible assets was recorded as goodwill and totaled $1,459,000, which is not deductible for tax purposes. The fair values are subject to adjustment upon finalization of the valuation, and therefore the current measurements of intangible assets, acquired goodwill, and assumed assets and liabilities are subject to change. | ||
| Pro forma disclosures of the results of operations are not required, as the acquisition is not considered a material business combination as outlined in FASB ASC 805, "Business Combinations." | ||
| During the first nine months of 2014, the Company made post-closing adjustment payments of $981,000 related to other acquisitions. | ||
Restructuring_Costs_and_Other_
| Restructuring Costs and Other Income, Net | 9 Months Ended | ||||||||||||
| Sep. 27, 2014 | |||||||||||||
| Restructuring and Related Activities [Abstract] | ' | ||||||||||||
| Restructuring Costs and Other Income, Net | ' | ||||||||||||
| 3.    Restructuring Costs and Other Income, Net | |||||||||||||
| In the third quarter of 2014, the Company recorded total restructuring costs of $534,000, including $493,000 related to its 2014 restructuring plans and $41,000 related to its 2013 restructuring plans. | |||||||||||||
| In the first nine months of 2014, the Company recorded total restructuring costs of $928,000, including $493,000 related to its 2014 restructuring plans and $435,000 related to its 2013 restructuring plans. In the first nine months of 2013, the Company recorded total restructuring costs and other income, net of $263,000, including $2,003,000 of costs related to its 2013 restructuring plans and $1,740,000 of other income related to a pre-tax gain from the sale of real estate in China. | |||||||||||||
| 2014 Restructuring Plans | |||||||||||||
| The Company recorded restructuring costs of $386,000 related to its 2014 restructuring plan for severance costs associated with the reduction of 9 employees in Brazil. This action was taken to further streamline the Company's operation in Brazil. In addition, the Company recorded $107,000 of facility-related costs associated with a recent acquisition in the U.S. These restructuring costs were included in the Papermaking Systems segment. | |||||||||||||
| 2013 Restructuring Plans | |||||||||||||
| The Company recorded total restructuring costs of $2,278,000 related to its 2013 restructuring plans, including severance costs of $1,158,000 associated with the reduction of 22 employees in Brazil and severance costs of $497,000 associated with the reduction of 25 employees in Sweden. Also included in total restructuring costs were facility-related costs of $623,000. These actions were taken to streamline the Company's operations as a result of the acquisitions of Companhia Brasileira de Tecnologia Industrial and certain assets of the Noss Group in 2013. These restructuring charges all occurred in the Papermaking Systems segment. | |||||||||||||
| The Company recorded total restructuring costs related to the 2013 restructuring plans of $435,000 in the first nine months of 2014, including additional facility-related costs of $446,000, net of income from a reduction in severance and associated costs of $11,000 in Sweden. | |||||||||||||
| A summary of the changes in accrued restructuring costs for the 2014 and 2013 restructuring plans included in other current liabilities in the accompanying condensed consolidated balance sheet is as follows: | |||||||||||||
| (In thousands)Â | Severance | Other | Total | ||||||||||
| Costs | Costs | Costs | |||||||||||
| 2014 Restructuring Plans | |||||||||||||
| Provision | $ | 386 | $ | 107 | $ | 493 | |||||||
| Usage | (279 | ) | (107 | ) | (386 | ) | |||||||
| Currency translation | (26 | ) | — | (26 | ) | ||||||||
| Balance at September 27, 2014 | $ | 81 | $ | — | $ | 81 | |||||||
| 2013 Restructuring Plans | |||||||||||||
| Balance at December 28, 2013 | $ | 467 | $ | — | $ | 467 | |||||||
| Provision | (11 | ) | 446 | 435 | |||||||||
| Usage | (353 | ) | (445 | ) | (798 | ) | |||||||
| Currency translation | (41 | ) | (1 | ) | (42 | ) | |||||||
| Balance at September 27, 2014 | $ | 62 | $ | — | $ | 62 | |||||||
| The Company expects to pay the remaining accrued restructuring costs by the end of 2014. | |||||||||||||
Earnings_per_Share
| Earnings per Share | 9 Months Ended | ||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||
| Earnings Per Share [Abstract] | ' | ||||||||||||||||
| Earnings per Share | ' | ||||||||||||||||
| 4.    Earnings per Share | |||||||||||||||||
| Basic and diluted earnings per share are calculated as follows: | |||||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||||
| 27-Sep-14 | 28-Sep-13 | 27-Sep-14 | 28-Sep-13 | ||||||||||||||
| (In thousands, except per share amounts) | |||||||||||||||||
| Amounts Attributable to Kadant: | |||||||||||||||||
| Income from Continuing Operations | $ | 6,651 | $ | 6,461 | $ | 19,576 | $ | 17,546 | |||||||||
| Loss from Discontinued Operation | (4 | ) | (14 | ) | (18 | ) | (55 | ) | |||||||||
| Net Income | $ | 6,647 | $ | 6,447 | $ | 19,558 | $ | 17,491 | |||||||||
| Basic Weighted Average Shares | 10,898 | 11,153 | 11,026 | 11,165 | |||||||||||||
| Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan | 235 | 212 | 205 | 156 | |||||||||||||
| Diluted Weighted Average Shares | 11,133 | 11,365 | 11,231 | 11,321 | |||||||||||||
| Basic Earnings per Share: | |||||||||||||||||
| Continuing Operations | $ | 0.61 | $ | 0.58 | $ | 1.78 | $ | 1.57 | |||||||||
| Discontinued Operation | $ | — | $ | — | $ | — | $ | — | |||||||||
| Net Income per Basic Share | $ | 0.61 | $ | 0.58 | $ | 1.77 | $ | 1.57 | |||||||||
| Diluted Earnings per Share: | |||||||||||||||||
| Continuing Operations | $ | 0.6 | $ | 0.57 | $ | 1.74 | $ | 1.55 | |||||||||
| Discontinued Operation | $ | — | $ | — | $ | — | $ | — | |||||||||
| Net Income per Diluted Share | $ | 0.6 | $ | 0.57 | $ | 1.74 | $ | 1.55 | |||||||||
| Options to purchase approximately 93,000 and 99,000 shares of the Company's common stock in the third quarter and first nine months of 2013, respectively, were not included in the computation of diluted earnings per share as the effect of their inclusion would have been anti-dilutive. Unvested restricted stock units equivalent to approximately 6,000 shares of common stock in the third quarter of 2014 and 44,000 and 27,000 shares of common stock for the first nine months of 2014 and 2013, respectively, were not included in the computation of diluted earnings per share because either the effect of their inclusion would have been anti-dilutive, or for unvested performance-based restricted stock units, the performance conditions had not been met as of the end of the reporting period. | |||||||||||||||||
Provision_for_Income_Taxes
| Provision for Income Taxes | 9 Months Ended |
| Sep. 27, 2014 | |
| Income Tax Disclosure [Abstract] | ' |
| Provision for Income Taxes | ' |
| 5.    Provision for Income Taxes | |
| The provision for income taxes was $9,468,000 and $7,786,000, in the first nine months of 2014 and 2013, respectively, and represented 32% and 31% of pre-tax income. The effective tax rate of 32% in the first nine months of 2014 was lower than the Company's statutory tax rate primarily due to the distribution of the Company's worldwide earnings, the release of tax reserves that resulted from the expiration of tax statutes of limitations, and the release of state tax reserves in the U.S. These tax benefits were offset in part by tax expense associated with an increase in nondeductible expenses and a reduction in deferred tax assets. The effective tax rate of 31% in the first nine months of 2013 was lower than the Company's statutory tax rate primarily due to the reduction of the 2012 U.S. tax cost of foreign earnings and a benefit from the 2012 U.S. research and development tax credit, both of which were recognized in the first nine months of 2013 as a result of U.S. tax legislation enacted in January 2013. In addition, the Company's effective tax rate in the first nine months of 2013 benefited from the release of a valuation allowance against deferred tax assets related to net operating loss carryforwards. The release of the valuation allowance was due to increased projected profitability associated with the CBTI acquisition. Also contributing to the lower effective tax rate in the first nine months of 2013 were lower statutory tax rates in the Company's overseas operations and a more favorable distribution of the Company's worldwide earnings. |
LongTerm_Obligations
| Long-Term Obligations | 9 Months Ended | ||||||||
| Sep. 27, 2014 | |||||||||
| Debt Disclosure [Abstract] | ' | ||||||||
| Long-Term Obligations | ' | ||||||||
| 6.    Long-Term Obligations | |||||||||
| Long-term obligations are as follows: | |||||||||
| 27-Sep-14 | 28-Dec-13 | ||||||||
| (In thousands) | |||||||||
| Revolving Credit Facility, due 2018 | $ | 17,000 | $ | 32,260 | |||||
| Variable Rate Term Loan, due from 2014 to 2016 | 6,000 | 6,375 | |||||||
| Total Long-Term Obligations | 23,000 | 38,635 | |||||||
| Less: Current Maturities | (625 | ) | (625 | ) | |||||
| Long-Term Obligations, less Current Maturities | $ | 22,375 | $ | 38,010 | |||||
| The weighted average interest rate for the Company's long-term obligations was 2.56% as of September 27, 2014. | |||||||||
| The Company entered into a five-year unsecured revolving credit facility (2012 Credit Agreement) in the aggregate principal amount of up to $100,000,000 on August 3, 2012 and amended it on November 1, 2013. The 2012 Credit Agreement also includes an uncommitted unsecured incremental borrowing facility of up to an additional $50,000,000. The principal on any borrowings made under the 2012 Credit Agreement is due on November 1, 2018. Interest on any loans outstanding under the 2012 Credit Agreement accrues and is payable quarterly in arrears at one of the following rates selected by the Company: (i) the highest of (a) the federal funds rate plus 0.50% plus an applicable margin of 0% to 1%, (b) the prime rate, as defined, plus an applicable margin of 0% to 1% and (c) the Eurocurrency rate, as defined, plus 0.50% plus an applicable margin of 0% to 1% or (ii) the Eurocurrency rate, as defined, plus an applicable margin of 1% to 2%. The applicable margin is determined based upon the ratio of the Company's total debt to earnings before interest, taxes, depreciation, and amortization (EBITDA), as defined in the 2012 Credit Agreement. For this purpose, total debt is defined as total debt less up to $25,000,000 of unrestricted U.S. cash. There were $17,000,000 of borrowings outstanding under the 2012 Credit Agreement at September 27, 2014. | |||||||||
| The obligations of the Company under the 2012 Credit Agreement may be accelerated upon the occurrence of an event of default under the 2012 Credit Agreement, which includes customary events of default including without limitation payment defaults, defaults in the performance of affirmative and negative covenants, the inaccuracy of representations or warranties, bankruptcy- and insolvency-related defaults, defaults relating to such matters as the Employment Retirement Income Security Act, unsatisfied judgments, the failure to pay certain indebtedness, and a change of control default. In addition, the 2012 Credit Agreement contains negative covenants applicable to the Company and its subsidiaries including financial covenants requiring the Company to comply with a maximum consolidated leverage ratio of 3.5 to 1, a minimum consolidated interest coverage ratio of 3 to 1, and restrictions on liens, indebtedness, fundamental changes, dispositions of property, making certain restricted payments (including dividends and stock repurchases), investments, transactions with affiliates, sale and leaseback transactions, swap agreements, changing its fiscal year, arrangements affecting subsidiary distributions, entering into new lines of business, and certain actions related to the discontinued operation. As of September 27, 2014, the Company was in compliance with these covenants. | |||||||||
| Loans under the 2012 Credit Agreement are guaranteed by certain domestic subsidiaries of the Company pursuant to a Guarantee Agreement, effective August 3, 2012. | |||||||||
| As of September 27, 2014, the Company had $80,025,000 of borrowing capacity available under the committed portion of its 2012 Credit Agreement. The amount the Company is able to borrow under the 2012 Credit Agreement is the total borrowing capacity of $100,000,000 less any outstanding borrowings, letters of credit and multi-currency borrowings issued under the 2012 Credit Agreement. | |||||||||
StockBased_Compensation
| Stock-Based Compensation | 9 Months Ended |
| Sep. 27, 2014 | |
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' |
| Stock-Based Compensation | ' |
| 7.    Stock-Based Compensation | |
| The Company recognized stock-based compensation expense of $1,440,000 and $1,236,000 in the third quarters of 2014 and 2013, respectively, and $4,251,000 and $3,794,000 in the first nine months of 2014 and 2013, respectively, within selling, general, and administrative (SG&A) expenses in the accompanying condensed consolidated statement of income. Unrecognized compensation expense related to stock-based compensation totaled approximately $5,789,000 at September 27, 2014, and will be recognized over a weighted average period of 1.4 years. |
Employee_Benefit_Plans
| Employee Benefit Plans | 9 Months Ended | ||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||
| Compensation and Retirement Disclosure [Abstract] | ' | ||||||||||||||||
| Employee Benefit Plans | ' | ||||||||||||||||
| 8.    Employee Benefit Plans | |||||||||||||||||
| The Company sponsors a noncontributory defined benefit retirement plan for the benefit of eligible employees at its Kadant Solutions division and its corporate office (included in the table below in "Pension Benefits"). The Company also sponsors a restoration plan for the benefit of certain executive officers who also participate in the noncontributory defined benefit retirement plan (included in the table below in "Other Benefits"). In addition, employees at certain of the Company's subsidiaries participate in defined benefit retirement and post-retirement welfare benefit plans (included in the table below in "Other Benefits"). | |||||||||||||||||
| The components of the net periodic benefit cost for the pension benefits and other benefits plans are as follows: | |||||||||||||||||
| Three Months Ended September 27, 2014 | Three Months Ended September 28, 2013 | ||||||||||||||||
| (In thousands) | Pension | Other | Pension | Other | |||||||||||||
| Benefits | Benefits | Benefits | Benefits | ||||||||||||||
| Components of Net Periodic Benefit Cost: | |||||||||||||||||
| Service cost | $ | 213 | $ | 73 | $ | 245 | $ | 54 | |||||||||
| Interest cost | 321 | 74 | 289 | 69 | |||||||||||||
| Expected return on plan assets | (370 | ) | (12 | ) | (375 | ) | (13 | ) | |||||||||
| Recognized net actuarial loss | 79 | 9 | 127 | 23 | |||||||||||||
| Amortization of prior service cost | 14 | 22 | 14 | 21 | |||||||||||||
| Net periodic benefit cost | $ | 257 | $ | 166 | $ | 300 | $ | 154 | |||||||||
| The weighted average assumptions used to determine net periodic benefit cost are as follows: | |||||||||||||||||
| Discount rate | 4.79 | % | 4.28 | % | 3.89 | % | 3.9 | % | |||||||||
| Expected long-term return on plan assets | 5.75 | % | — | 5.75 | % | — | |||||||||||
| Rate of compensation increase | 3.5 | % | 3.23 | % | 3.5 | % | 3.65 | % | |||||||||
| Nine Months Ended September 27, 2014 | Nine Months Ended September 28, 2013 | ||||||||||||||||
| (In thousands) | Pension | Other | Pension | Other | |||||||||||||
| Benefits | Benefits | Benefits | Benefits | ||||||||||||||
| Components of Net Periodic Benefit Cost: | |||||||||||||||||
| Service cost | $ | 639 | $ | 223 | $ | 744 | $ | 160 | |||||||||
| Interest cost | 963 | 220 | 873 | 208 | |||||||||||||
| Expected return on plan assets | (1,110 | ) | (36 | ) | (1,128 | ) | (39 | ) | |||||||||
| Recognized net actuarial loss | 237 | 27 | 393 | 66 | |||||||||||||
| Amortization of prior service cost | 42 | 67 | 42 | 63 | |||||||||||||
| Net periodic benefit cost | $ | 771 | $ | 501 | $ | 924 | $ | 458 | |||||||||
| The weighted average assumptions used to determine net periodic benefit cost are as follows: | |||||||||||||||||
| Discount rate | 4.79 | % | 4.28 | % | 3.89 | % | 3.92 | % | |||||||||
| Expected long-term return on plan assets | 5.75 | % | — | 5.75 | % | — | |||||||||||
| Rate of compensation increase | 3.5 | % | 3.23 | % | 3.5 | % | 3.66 | % | |||||||||
| The Company made cash contributions of $810,000 to its Kadant Solutions division's noncontributory defined benefit retirement plan in the first nine months of 2014 and expects to make cash contributions of $270,000 over the remainder of 2014. For the remaining pension and post-retirement welfare benefits plans, the Company does not expect to make cash contributions other than to fund current benefit payments. | |||||||||||||||||
Accumulated_Other_Comprehensiv
| Accumulated Other Comprehensive Items | 9 Months Ended | ||||||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||||||
| Equity [Abstract] | ' | ||||||||||||||||||||
| Accumulated Other Comprehensive Items | ' | ||||||||||||||||||||
| 9.    Accumulated Other Comprehensive Items | |||||||||||||||||||||
| Comprehensive income combines net income and other comprehensive items, which represent certain amounts that are reported as components of stockholders' equity in the accompanying condensed consolidated balance sheet, including foreign currency translation adjustments, deferred losses and unrecognized prior service cost associated with pension and other post-retirement plans, and deferred losses on hedging instruments. | |||||||||||||||||||||
| Changes in each component of accumulated other comprehensive items (AOCI), net of tax, in the accompanying condensed consolidated balance sheet are as follows: | |||||||||||||||||||||
| (In thousands) | Foreign | Unrecognized | Deferred Loss | Deferred Loss | Accumulated | ||||||||||||||||
| Currency | Prior Service | on Pension and | on Hedging | Other | |||||||||||||||||
| Translation | Cost | Other Post- | Instruments | Comprehensive | |||||||||||||||||
| Adjustment | Retirement | Items | |||||||||||||||||||
| Plans | |||||||||||||||||||||
| Balance at December 28, 2013 | $ | 8,919 | $ | (657 | ) | $ | (6,919 | ) | $ | (633 | ) | $ | 710 | ||||||||
| Other comprehensive (loss) income before reclassifications | (7,567 | ) | (64 | ) | 21 | 153 | (7,457 | ) | |||||||||||||
| Reclassifications from AOCI | — | 86 | 172 | (226 | ) | 32 | |||||||||||||||
| Net current period other comprehensive (loss) income | (7,567 | ) | 22 | 193 | (73 | ) | (7,425 | ) | |||||||||||||
| Balance at September 27, 2014 | $ | 1,352 | $ | (635 | ) | $ | (6,726 | ) | $ | (706 | ) | $ | (6,715 | ) | |||||||
| Balance at December 29, 2012 | $ | 8,124 | $ | (748 | ) | $ | (9,645 | ) | $ | (1,046 | ) | $ | (3,315 | ) | |||||||
| Other comprehensive income (loss) before reclassifications | 1,143 | — | (6 | ) | (81 | ) | 1,056 | ||||||||||||||
| Reclassifications from AOCI | — | 68 | 300 | 431 | 799 | ||||||||||||||||
| Net current period other comprehensive income | 1,143 | 68 | 294 | 350 | 1,855 | ||||||||||||||||
| Balance at September 28, 2013 | $ | 9,267 | $ | (680 | ) | $ | (9,351 | ) | $ | (696 | ) | $ | (1,460 | ) | |||||||
| Amounts reclassified out of accumulated other comprehensive items are as follows: | |||||||||||||||||||||
| Three Months Ended | Nine Months Ended | Statement of Income | |||||||||||||||||||
| (In thousands) | September 27, 2014 | September 28, 2013 | September 27, 2014 | September 28, 2013 | Line Item | ||||||||||||||||
| Pension and Other Post-retirement Plans: (1) | Â Â Â Â Â | ||||||||||||||||||||
| Amortization of prior service cost | $ | (36 | ) | $ | (35 | ) | $ | (109 | ) | $ | (105 | ) | SG&A expenses | ||||||||
| Amortization of actuarial losses | (88 | ) | (150 | ) | (264 | ) | (459 | ) | SG&A expenses | ||||||||||||
| Total expense before income taxes | (124 | ) | (185 | ) | (373 | ) | (564 | ) | |||||||||||||
| Income tax benefit | 28 | 65 | 115 | 196 | Provision for income taxes | ||||||||||||||||
| (96 | ) | (120 | ) | (258 | ) | (368 | ) | ||||||||||||||
| Cash Flow Hedges: (2) | Â Â Â Â Â | ||||||||||||||||||||
| Interest rate swap agreements | (83 | ) | (91 | ) | (251 | ) | (287 | ) | Interest expense | ||||||||||||
| Forward currency-exchange contracts | 31 | (70 | ) | 31 | (153 | ) | Revenues | ||||||||||||||
| Forward currency-exchange contracts | 701 | — | 423 | — | SG&A expenses | ||||||||||||||||
| Total income (expense) before income taxes | 649 | (161 | ) | 203 | (440 | ) | |||||||||||||||
| Income tax (expense) benefit | (74 | ) | 56 | 23 | 9 | Provision for income taxes | |||||||||||||||
| 575 | (105 | ) | 226 | (431 | ) | ||||||||||||||||
| Total reclassifications | $ | 479 | $ | (225 | ) | $ | (32 | ) | $ | (799 | ) | ||||||||||
| -1 | Included in the computation of net periodic benefit costs. See Note 8 for additional information. | ||||||||||||||||||||
| -2 | See Note 10 for additional information. | ||||||||||||||||||||
Derivatives
| Derivatives | 9 Months Ended | ||||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||||
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | ||||||||||||||||||
| Derivatives | ' | ||||||||||||||||||
| 10.    Derivatives | |||||||||||||||||||
| The Company uses derivative instruments primarily to reduce its exposure to changes in currency exchange rates and interest rates. When the Company enters into a derivative contract, the Company makes a determination as to whether the transaction is deemed to be a hedge for accounting purposes. For a contract deemed to be a hedge, the Company formally documents the relationship between the derivative instrument and the risk being hedged. In this documentation, the Company specifically identifies the asset, liability, forecasted transaction, cash flow, or net investment that has been designated as the hedged item, and evaluates whether the derivative instrument is expected to reduce the risks associated with the hedged item. To the extent these criteria are not met, the Company does not use hedge accounting for the derivative. The changes in the fair value of a derivative not deemed to be a hedge are recorded currently in earnings. The Company does not hold or engage in transactions involving derivative instruments for purposes other than risk management. | |||||||||||||||||||
| ASC 815, "Derivatives and Hedging," requires that all derivatives be recognized on the balance sheet at fair value. For derivatives designated as cash flow hedges, the related gains or losses on these contracts are deferred as a component of accumulated other comprehensive items. These deferred gains and losses are recognized in the period in which the underlying anticipated transaction occurs. For derivatives designated as fair value hedges, the unrealized gains and losses resulting from the impact of currency exchange rate movements are recognized in earnings in the period in which the exchange rates change and offset the currency gains and losses on the underlying exposures being hedged. The Company performs an evaluation of the effectiveness of the hedge both at inception and on an ongoing basis. The ineffective portion of a hedge, if any, and changes in the fair value of a derivative not deemed to be a hedge are recorded in the condensed consolidated statement of income. | |||||||||||||||||||
| Interest Rate Swaps | |||||||||||||||||||
| The Company entered into a swap agreement in 2006 (the 2006 Swap Agreement) to convert a portion of the Company's outstanding variable rate term loan from a floating to a fixed rate of interest. The swap agreement matures in 2016, has the same terms and quarterly payment dates as the corresponding debt, and reduces proportionately in line with the amortization of the debt. Under the 2006 Swap Agreement, the Company receives a three-month LIBOR rate and pays a fixed rate of interest of 5.63% plus an applicable margin. The fair value for this instrument as of September 27, 2014, is included in other long-term liabilities, with an offset to accumulated other comprehensive items (net of tax) in the accompanying condensed consolidated balance sheet. The Company has structured the interest rate swap agreement to be 100% effective and as a result, there is no current impact to earnings resulting from hedge ineffectiveness. Management believes that any credit risk associated with the outstanding swap agreement is remote based on the Company's financial position and the creditworthiness of the financial institution issuing the swap agreement. | |||||||||||||||||||
| The counterparty to the swap agreement could demand an early termination of the swap agreement if the Company is in default under the 2012 Credit Agreement, or any agreement that amends or replaces the 2012 Credit Agreement in which the counterparty is a member, and the Company is unable to cure the default. An event of default under the 2012 Credit Agreement includes customary events of default and failure to comply with financial covenants, including a maximum consolidated leverage ratio of 3.5 to 1, and a minimum consolidated interest coverage ratio of 3 to 1. As of September 27, 2014, the Company was in compliance with these covenants. The unrealized loss of $532,000 as of September 27, 2014, represents the estimated amount that the Company would pay to the counterparty in the event of an early termination. | |||||||||||||||||||
| Forward Currency-Exchange Contracts | |||||||||||||||||||
| The Company uses forward currency-exchange contracts primarily to hedge exposures resulting from fluctuations in currency exchange rates. Such exposures result primarily from portions of the Company's operations and assets and liabilities that are denominated in currencies other than the functional currencies of the businesses conducting the operations or holding the assets and liabilities. The Company typically manages its level of exposure to the risk of currency-exchange fluctuations by hedging a portion of its currency exposures anticipated over the ensuing 24-month period, using forward currency-exchange contracts that have maturities of 24 months or less. | |||||||||||||||||||
| Forward currency-exchange contracts that hedge forecasted foreign currency exposures are designated as cash flow hedges. The fair values for these instruments are included in other current assets for unrecognized gains and in other current liabilities and other long-term liabilities for unrecognized losses, with an offset in accumulated other comprehensive items (net of tax). For forward currency-exchange contracts that are designated as fair value hedges, the gain or loss on the derivative, as well as the offsetting loss or gain on the hedged item are recognized currently in earnings. The fair values of forward currency-exchange contracts that are not designated as hedges are recorded currently in earnings. | |||||||||||||||||||
| The Company recognized a loss of $2,000 and a gain of $37,000 in the third quarters of 2014 and 2013, respectively, and gains of $34,000 and $50,000 in the first nine months of 2014 and 2013, respectively, included in selling, general, and administrative expenses, associated with forward currency-exchange contracts that were not designated as hedges. Management believes that any credit risk associated with forward currency-exchange contracts is remote based on the Company's financial position and the creditworthiness of the financial institutions issuing the contracts. | |||||||||||||||||||
| The following table summarizes the fair values of the Company's derivative instruments designated and not designated as hedging instruments, the notional values of the associated derivative contracts, and the location of these instruments in the condensed consolidated balance sheet: | |||||||||||||||||||
| September 27, 2014 | December 28, 2013 | ||||||||||||||||||
| Balance Sheet Location | Asset (Liability) (a) | Notional Amount (b) | Asset (Liability) (a) | Notional Amount | |||||||||||||||
| (In thousands) | |||||||||||||||||||
| Derivatives Designated as Hedging Instruments: | |||||||||||||||||||
| Derivatives in an Asset Position: | |||||||||||||||||||
| Forward currency-exchange contracts | Other Long-Term Assets | $ | 169 | $ | 17,811 | $ | — | $ | — | ||||||||||
| Derivatives in a Liability Position: | |||||||||||||||||||
| Forward currency-exchange contracts | Other Current Liabilities | $ | — | $ | — | $ | (22 | ) | $ | 1,340 | |||||||||
| Interest rate swap agreement | Other Long-Term Liabilities | $ | (532 | ) | $ | 6,000 | $ | (773 | ) | $ | 6,375 | ||||||||
| Derivatives Not Designated as Hedging Instruments: | |||||||||||||||||||
| Derivatives in an Asset Position: | |||||||||||||||||||
| Forward currency-exchange contracts | Other Current Assets | $ | — | $ | — | $ | 97 | $ | 1,419 | ||||||||||
| Derivatives in a Liability Position: | |||||||||||||||||||
| Forward currency-exchange contracts | Other Current Liabilities | $ | (2 | ) | $ | 716 | $ | (1 | ) | $ | 288 | ||||||||
| (a) | See Note 11 for the fair value measurements related to these financial instruments. | ||||||||||||||||||
| (b) | The total notional amount is indicative of the level of the Company's derivative activity during the first nine months of 2014. | ||||||||||||||||||
| The following table summarizes the activity in accumulated other comprehensive items (OCI) associated with the Company's derivative instruments designated as cash flow hedges as of and for the period ended September 27, 2014: | |||||||||||||||||||
| (In thousands) | Interest Rate Swap | Forward Currency- | Total | ||||||||||||||||
| Agreement | Exchange | ||||||||||||||||||
| Contracts | |||||||||||||||||||
| Unrealized loss, net of tax, at December 28, 2013 | $ | (618 | ) | $ | (15 | ) | $ | (633 | ) | ||||||||||
| Loss (gain) reclassified to earnings | 161 | (387 | ) | (226 | ) | ||||||||||||||
| (Loss) gain recognized in OCI | (6 | ) | 159 | 153 | |||||||||||||||
| Unrealized loss, net of tax, at September 27, 2014 | $ | (463 | ) | $ | (243 | ) | $ | (706 | ) | ||||||||||
| As of September 27, 2014, $286,000 of the net unrealized loss included in OCI is expected to be reclassified to earnings over the next twelve months. | |||||||||||||||||||
Fair_Value_Measurements
| Fair Value Measurements | 9 Months Ended | ||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||
| Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
| Fair Value Measurements | ' | ||||||||||||||||
| 11.    Fair Value Measurements | |||||||||||||||||
| Fair value measurement is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. A fair value hierarchy is established, which prioritizes the inputs used in measuring fair value into three broad levels as follows: | |||||||||||||||||
| • | Level 1—Quoted prices in active markets for identical assets or liabilities. | ||||||||||||||||
| • | Level 2—Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly. | ||||||||||||||||
| • | Level 3—Unobservable inputs based on the Company's own assumptions. | ||||||||||||||||
| The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis: | |||||||||||||||||
| Fair Value as of September 27, 2014 | |||||||||||||||||
| (In thousands) | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Assets: | |||||||||||||||||
| Money market funds and time deposits | $ | 5,079 | $ | — | $ | — | $ | 5,079 | |||||||||
| Banker's acceptance drafts (a) | $ | — | $ | 9,988 | $ | — | $ | 9,988 | |||||||||
| Forward currency-exchange contracts | $ | — | $ | 169 | $ | — | $ | 169 | |||||||||
| Liabilities: | |||||||||||||||||
| Forward currency-exchange contracts | $ | — | $ | 2 | $ | — | $ | 2 | |||||||||
| Interest rate swap agreement | $ | — | $ | 532 | $ | — | $ | 532 | |||||||||
| Contingent consideration (b) | $ | — | $ | — | $ | 1,175 | $ | 1,175 | |||||||||
| Fair Value as of December 28, 2013 | |||||||||||||||||
| (In thousands) | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Assets: | |||||||||||||||||
| Money market funds and time deposits | $ | 17,090 | $ | — | $ | — | $ | 17,090 | |||||||||
| Banker's acceptance drafts (a) | $ | — | $ | 10,765 | $ | — | $ | 10,765 | |||||||||
| Forward currency-exchange contracts | $ | — | $ | 97 | $ | — | $ | 97 | |||||||||
| Liabilities: | |||||||||||||||||
| Forward currency-exchange contracts | $ | — | $ | 23 | $ | — | $ | 23 | |||||||||
| Interest rate swap agreement | $ | — | $ | 773 | $ | — | $ | 773 | |||||||||
| (a) | Included in accounts receivable in the accompanying condensed consolidated balance sheet. | ||||||||||||||||
| (b) | Included in other current liabilities in the accompanying condensed consolidated balance sheet. | ||||||||||||||||
| The Company uses the market approach technique to value its financial assets and liabilities, and there were no changes in valuation techniques during the first nine months of 2014. The Company's financial assets and liabilities carried at fair value include cash equivalents and derivative instruments used to hedge the Company's foreign currency and interest rate risks. The Company's cash equivalents are comprised of money market funds and bank deposits that are highly liquid and easily tradable. These investments are valued using inputs observable in active markets for identical securities. The carrying value of the banker's acceptance drafts approximates their fair value due to their short-term nature. The fair values of the Company's interest rate swap agreement are based on LIBOR yield curves at the reporting date. The fair values of the Company's forward currency-exchange contracts are based on quoted forward foreign exchange rates at the reporting date. The forward currency-exchange contracts and interest rate swap agreement are hedges of either recorded assets or liabilities or anticipated transactions. Changes in values of the underlying hedged assets and liabilities or anticipated transactions are not reflected in the table above. The Company recorded contingent consideration as part of its acquisition of a European manufacturer on December 30, 2013. The fair value of the contingent consideration is based on the present value of the estimated future cash flows. Changes to the fair value of contingent consideration are recorded in selling, general and administrative expense. | |||||||||||||||||
| The following table provides a rollforward of the fair value, as determined by Level 3 inputs, of the contingent consideration: | |||||||||||||||||
| Nine Months Ended | |||||||||||||||||
| (In thousands) | Â September 27, 2014 | ||||||||||||||||
| Balance at beginning of period | $ | — | |||||||||||||||
| Acquisition | 1,205 | ||||||||||||||||
| Current period expense | 60 | ||||||||||||||||
| Currency translation | (90 | ) | |||||||||||||||
| Balance at end of period | $ | 1,175 | |||||||||||||||
| The carrying value and fair value of the Company's long-term debt obligations are as follows: | |||||||||||||||||
| September 27, 2014 | December 28, 2013 | ||||||||||||||||
| Carrying Value | Fair Value | Carrying Value | Fair Value | ||||||||||||||
| (In thousands) | |||||||||||||||||
| Long-term debt obligations | $ | 22,375 | $ | 22,375 | $ | 38,010 | $ | 38,010 | |||||||||
| The carrying value of long-term debt obligations approximates fair value as the obligations bear variable rates of interest, which adjust quarterly based on prevailing market rates. | |||||||||||||||||
Business_Segment_Information
| Business Segment Information | 9 Months Ended | ||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||
| Segment Reporting [Abstract] | ' | ||||||||||||||||
| Business Segment Information | ' | ||||||||||||||||
| 12.    Business Segment Information | |||||||||||||||||
| The Company has combined its operating entities into two reportable operating segments, Papermaking Systems and Wood Processing Systems, and a separate product line, Fiber-based Products. In classifying operational entities into a particular segment, the Company aggregated businesses with similar economic characteristics, products and services, production processes, customers, and methods of distribution. | |||||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||||
| September 27, | September 28, | September 27, | September 28, | ||||||||||||||
| (In thousands) | 2014 | 2013 | 2014 | 2013 | |||||||||||||
| Revenues: | |||||||||||||||||
| Papermaking Systems | $ | 88,369 | $ | 89,465 | $ | 258,528 | $ | 241,115 | |||||||||
| Wood Processing Systems | 8,480 | — | 29,590 | — | |||||||||||||
| Fiber-based Products | 1,870 | 1,850 | 8,803 | 8,569 | |||||||||||||
| $ | 98,719 | $ | 91,315 | $ | 296,921 | $ | 249,684 | ||||||||||
| Income from Continuing Operations Before Provision for Income Taxes: | |||||||||||||||||
| Papermaking Systems | $ | 13,006 | $ | 14,210 | $ | 36,219 | $ | 35,975 | |||||||||
| Wood Processing Systems | 1,648 | — | 4,497 | — | |||||||||||||
| Corporate and Fiber-based Products (a) | (4,503 | ) | (4,298 | ) | (10,908 | ) | (10,266 | ) | |||||||||
| Total Operating Income | 10,151 | 9,912 | 29,808 | 25,709 | |||||||||||||
| Interest Expense, Net | (168 | ) | (84 | ) | (420 | ) | (229 | ) | |||||||||
| $ | 9,983 | $ | 9,828 | $ | 29,388 | $ | 25,480 | ||||||||||
| Capital Expenditures: | |||||||||||||||||
| Papermaking Systems | $ | 1,325 | $ | 1,427 | $ | 2,614 | $ | 3,825 | |||||||||
| Other | 378 | 150 | 531 | 324 | |||||||||||||
| $ | 1,703 | $ | 1,577 | $ | 3,145 | $ | 4,149 | ||||||||||
| (a) Corporate primarily includes general and administrative expenses. | |||||||||||||||||
Contingencies_and_Litigation
| Contingencies and Litigation | 9 Months Ended |
| Sep. 27, 2014 | |
| Commitments and Contingencies Disclosure [Abstract] | ' |
| Contingencies and Litigation | ' |
| 13.    Contingencies and Litigation | |
| Right of Recourse | |
| In the ordinary course of business, the Company's subsidiaries in China may receive banker's acceptance drafts from customers in payment of outstanding accounts receivable. These banker's acceptance drafts are non-interest bearing obligations of the issuing bank and mature within six months of the origination date. The Company's subsidiaries in China may use these banker's acceptance drafts prior to the scheduled maturity date to settle outstanding accounts payable with vendors. Banker's acceptance drafts transferred to vendors are subject to customary right of recourse provisions prior to their scheduled maturity date. As of September 27, 2014 and December 28, 2013, the Company had $5,480,000 and $5,688,000, respectively, of banker's acceptance drafts subject to customary right of recourse provisions, which were transferred to vendors and had not reached their scheduled maturity date. Historically, the banker's acceptance drafts have settled upon maturity without any claim of recourse against the Company. | |
| General | |
| From time to time, the Company is subject to various claims and legal proceedings covering a range of matters that arise in the ordinary course of business. Such litigation may include claims and counterclaims by and against the Company for breach of contract or warranty, canceled contracts, product liability, or bankruptcy-related claims. For legal proceedings in which a loss is probable and estimable, the Company accrues a loss based on the low end of the range of estimated loss when there is no better estimate within the range. If the Company were found to be liable for any of the claims or counterclaims against it, the Company would incur a charge against earnings for amounts in excess of legal accruals. |
Subsequent_Event
| Subsequent Event | 9 Months Ended |
| Sep. 27, 2014 | |
| Subsequent Events [Abstract] | ' |
| Subsequent Events | ' |
| 14.    Subsequent Event | |
| On October 31, 2014, the Company acquired certain assets of the screen cylinder business of a U.S.-based company for approximately $9,183,000 in cash. This technology-based acquisition will serve to enhance the Company’s stock-preparation equipment product offerings to pulp and paper mills worldwide. |
Nature_of_Operations_and_Summa1
| Nature of Operations and Summary of Significant Accounting Policies Nature of Operations and Summary of Significant Accounting Policies (Policies) | 9 Months Ended |
| Sep. 27, 2014 | |
| Accounting Policies [Abstract] | ' |
| Critical Accounting Policies | ' |
| Critical Accounting Policies | |
| Critical accounting policies are defined as those that entail significant judgments and estimates, and could potentially result in materially different results under different assumptions and conditions. The Company believes that the most critical accounting policies upon which its financial position depends, and which involve the most complex or subjective decisions or assessments, concern revenue recognition and accounts receivable, warranty obligations, income taxes, the valuation of goodwill and intangible assets, inventories and pension obligations. A discussion of the application of these and other accounting policies is included in Notes 1 and 3 to the consolidated financial statements in the Company's Annual Report on Form 10-K for the fiscal year ended December 28, 2013. | |
| Use of Estimates | ' |
| Use of Estimates | |
| The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. | |
| Warranty Obligations | ' |
| Warranty Obligations | |
| The Company provides for the estimated cost of product warranties at the time of sale based on the actual historical occurrence rates and repair costs. The Company typically negotiates the terms regarding warranty coverage and length of warranty depending on the products and applications. While the Company engages in extensive product quality programs and processes, the Company's warranty obligation is affected by product failure rates, repair costs, service delivery costs incurred in correcting a product failure, and supplier warranties on parts delivered to the Company. Should actual product failure rates, repair costs, service delivery costs, or supplier warranties on parts differ from the Company's estimates, revisions to the estimated warranty liability would be required. | |
| Derivatives | ' |
| The Company uses derivative instruments primarily to reduce its exposure to changes in currency exchange rates and interest rates. When the Company enters into a derivative contract, the Company makes a determination as to whether the transaction is deemed to be a hedge for accounting purposes. For a contract deemed to be a hedge, the Company formally documents the relationship between the derivative instrument and the risk being hedged. In this documentation, the Company specifically identifies the asset, liability, forecasted transaction, cash flow, or net investment that has been designated as the hedged item, and evaluates whether the derivative instrument is expected to reduce the risks associated with the hedged item. To the extent these criteria are not met, the Company does not use hedge accounting for the derivative. The changes in the fair value of a derivative not deemed to be a hedge are recorded currently in earnings. The Company does not hold or engage in transactions involving derivative instruments for purposes other than risk management. | |
| ASC 815, "Derivatives and Hedging," requires that all derivatives be recognized on the balance sheet at fair value. For derivatives designated as cash flow hedges, the related gains or losses on these contracts are deferred as a component of accumulated other comprehensive items. These deferred gains and losses are recognized in the period in which the underlying anticipated transaction occurs. For derivatives designated as fair value hedges, the unrealized gains and losses resulting from the impact of currency exchange rate movements are recognized in earnings in the period in which the exchange rates change and offset the currency gains and losses on the underlying exposures being hedged. The Company performs an evaluation of the effectiveness of the hedge both at inception and on an ongoing basis. The ineffective portion of a hedge, if any, and changes in the fair value of a derivative not deemed to be a hedge are recorded in the condensed consolidated statement of income. | |
| Fair Value Measurement | ' |
| The carrying value of long-term debt obligations approximates fair value as the obligations bear variable rates of interest, which adjust quarterly based on prevailing market rates. | |
| The Company uses the market approach technique to value its financial assets and liabilities, and there were no changes in valuation techniques during the first nine months of 2014. The Company's financial assets and liabilities carried at fair value include cash equivalents and derivative instruments used to hedge the Company's foreign currency and interest rate risks. The Company's cash equivalents are comprised of money market funds and bank deposits that are highly liquid and easily tradable. These investments are valued using inputs observable in active markets for identical securities. The carrying value of the banker's acceptance drafts approximates their fair value due to their short-term nature. The fair values of the Company's interest rate swap agreement are based on LIBOR yield curves at the reporting date. The fair values of the Company's forward currency-exchange contracts are based on quoted forward foreign exchange rates at the reporting date. The forward currency-exchange contracts and interest rate swap agreement are hedges of either recorded assets or liabilities or anticipated transactions. Changes in values of the underlying hedged assets and liabilities or anticipated transactions are not reflected in the table above. The Company recorded contingent consideration as part of its acquisition of a European manufacturer on December 30, 2013. The fair value of the contingent consideration is based on the present value of the estimated future cash flows. Changes to the fair value of contingent consideration are recorded in selling, general and administrative expense. |
Nature_of_Operations_and_Summa2
| Nature of Operations and Summary of Significant Accounting Policies (Tables) | 9 Months Ended | ||||||||
| Sep. 27, 2014 | |||||||||
| Accounting Policies [Abstract] | ' | ||||||||
| Supplemental Cash Flow Information | ' | ||||||||
| Supplemental Cash Flow Information | |||||||||
| Nine Months Ended | |||||||||
| (In thousands) | September 27, 2014 | September 28, 2013 | |||||||
| Non-Cash Investing Activities: | |||||||||
| Fair Value of Assets Acquired | $ | 5,635 | $ | 22,688 | |||||
| Cash Paid for Acquired Businesses | (3,648 | ) | (15,332 | ) | |||||
| Liabilities Assumed of Acquired Businesses | $ | 1,987 | $ | 7,356 | |||||
| Non-Cash Financing Activities: | |||||||||
| Issuance of Company Common Stock | $ | 2,957 | $ | 2,515 | |||||
| Dividends Declared but Unpaid | $ | 1,634 | $ | 1,393 | |||||
| Inventories | ' | ||||||||
| Inventories | |||||||||
| The components of inventories are as follows: | |||||||||
| September 27, 2014 | December 28, 2013 | ||||||||
| (In thousands) | |||||||||
| Raw Materials and Supplies | $ | 24,063 | $ | 20,836 | |||||
| Work in Process | 15,598 | 21,051 | |||||||
| Finished Goods | 18,046 | 20,918 | |||||||
| $ | 57,707 | $ | 62,805 | ||||||
| Intangible Assets, Net | ' | ||||||||
| Intangible Assets, Net | |||||||||
| Acquired intangible assets are as follows: | |||||||||
| September 27, 2014 | December 28, 2013 | ||||||||
| (In thousands) | |||||||||
| Indefinite-Lived Intangible Assets | $ | 8,100 | $ | 8,100 | |||||
| Finite-Lived Intangible Assets, Gross | $ | 71,193 | $ | 69,409 | |||||
| Accumulated Amortization | (34,668 | ) | (30,373 | ) | |||||
| Currency Translation | (881 | ) | 714 | ||||||
| Finite-Lived Intangible Assets, Net | $ | 35,644 | $ | 39,750 | |||||
| Total Intangible Assets, Net | $ | 43,744 | $ | 47,850 | |||||
| Warranty Obligations | ' | ||||||||
| The changes in the carrying amount of accrued warranty costs included in other current liabilities in the accompanying condensed consolidated balance sheet are as follows: | |||||||||
| Nine Months Ended | |||||||||
| (In thousands) | September 27, 2014 | September 28, 2013 | |||||||
| Balance at beginning of period | $ | 4,571 | $ | 4,462 | |||||
| Provision | 1,681 | 969 | |||||||
| Usage | (2,016 | ) | (1,366 | ) | |||||
| Acquired | — | 138 | |||||||
| Currency translation | (190 | ) | 62 | ||||||
| Balance at end of period | $ | 4,046 | $ | 4,265 | |||||
Restructuring_Costs_and_Other_1
| Restructuring Costs and Other Income, Net (Tables) | 9 Months Ended | ||||||||||||
| Sep. 27, 2014 | |||||||||||||
| Restructuring and Related Activities [Abstract] | ' | ||||||||||||
| Summary of changes in accrued restructuring costs | ' | ||||||||||||
| A summary of the changes in accrued restructuring costs for the 2014 and 2013 restructuring plans included in other current liabilities in the accompanying condensed consolidated balance sheet is as follows: | |||||||||||||
| (In thousands)Â | Severance | Other | Total | ||||||||||
| Costs | Costs | Costs | |||||||||||
| 2014 Restructuring Plans | |||||||||||||
| Provision | $ | 386 | $ | 107 | $ | 493 | |||||||
| Usage | (279 | ) | (107 | ) | (386 | ) | |||||||
| Currency translation | (26 | ) | — | (26 | ) | ||||||||
| Balance at September 27, 2014 | $ | 81 | $ | — | $ | 81 | |||||||
| 2013 Restructuring Plans | |||||||||||||
| Balance at December 28, 2013 | $ | 467 | $ | — | $ | 467 | |||||||
| Provision | (11 | ) | 446 | 435 | |||||||||
| Usage | (353 | ) | (445 | ) | (798 | ) | |||||||
| Currency translation | (41 | ) | (1 | ) | (42 | ) | |||||||
| Balance at September 27, 2014 | $ | 62 | $ | — | $ | 62 | |||||||
Earnings_per_Share_Tables
| Earnings per Share (Tables) | 9 Months Ended | ||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||
| Earnings Per Share [Abstract] | ' | ||||||||||||||||
| Basic and diluted earnings per share | ' | ||||||||||||||||
| Basic and diluted earnings per share are calculated as follows: | |||||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||||
| 27-Sep-14 | 28-Sep-13 | 27-Sep-14 | 28-Sep-13 | ||||||||||||||
| (In thousands, except per share amounts) | |||||||||||||||||
| Amounts Attributable to Kadant: | |||||||||||||||||
| Income from Continuing Operations | $ | 6,651 | $ | 6,461 | $ | 19,576 | $ | 17,546 | |||||||||
| Loss from Discontinued Operation | (4 | ) | (14 | ) | (18 | ) | (55 | ) | |||||||||
| Net Income | $ | 6,647 | $ | 6,447 | $ | 19,558 | $ | 17,491 | |||||||||
| Basic Weighted Average Shares | 10,898 | 11,153 | 11,026 | 11,165 | |||||||||||||
| Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan | 235 | 212 | 205 | 156 | |||||||||||||
| Diluted Weighted Average Shares | 11,133 | 11,365 | 11,231 | 11,321 | |||||||||||||
| Basic Earnings per Share: | |||||||||||||||||
| Continuing Operations | $ | 0.61 | $ | 0.58 | $ | 1.78 | $ | 1.57 | |||||||||
| Discontinued Operation | $ | — | $ | — | $ | — | $ | — | |||||||||
| Net Income per Basic Share | $ | 0.61 | $ | 0.58 | $ | 1.77 | $ | 1.57 | |||||||||
| Diluted Earnings per Share: | |||||||||||||||||
| Continuing Operations | $ | 0.6 | $ | 0.57 | $ | 1.74 | $ | 1.55 | |||||||||
| Discontinued Operation | $ | — | $ | — | $ | — | $ | — | |||||||||
| Net Income per Diluted Share | $ | 0.6 | $ | 0.57 | $ | 1.74 | $ | 1.55 | |||||||||
LongTerm_Obligations_Tables
| Long-Term Obligations (Tables) | 9 Months Ended | ||||||||
| Sep. 27, 2014 | |||||||||
| Debt Disclosure [Abstract] | ' | ||||||||
| Long-term obligations | ' | ||||||||
| Long-term obligations are as follows: | |||||||||
| 27-Sep-14 | 28-Dec-13 | ||||||||
| (In thousands) | |||||||||
| Revolving Credit Facility, due 2018 | $ | 17,000 | $ | 32,260 | |||||
| Variable Rate Term Loan, due from 2014 to 2016 | 6,000 | 6,375 | |||||||
| Total Long-Term Obligations | 23,000 | 38,635 | |||||||
| Less: Current Maturities | (625 | ) | (625 | ) | |||||
| Long-Term Obligations, less Current Maturities | $ | 22,375 | $ | 38,010 | |||||
Employee_Benefit_Plans_Tables
| Employee Benefit Plans (Tables) | 9 Months Ended | ||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||
| Compensation and Retirement Disclosure [Abstract] | ' | ||||||||||||||||
| Components of net periodic benefit cost and assumptions used | ' | ||||||||||||||||
| The components of the net periodic benefit cost for the pension benefits and other benefits plans are as follows: | |||||||||||||||||
| Three Months Ended September 27, 2014 | Three Months Ended September 28, 2013 | ||||||||||||||||
| (In thousands) | Pension | Other | Pension | Other | |||||||||||||
| Benefits | Benefits | Benefits | Benefits | ||||||||||||||
| Components of Net Periodic Benefit Cost: | |||||||||||||||||
| Service cost | $ | 213 | $ | 73 | $ | 245 | $ | 54 | |||||||||
| Interest cost | 321 | 74 | 289 | 69 | |||||||||||||
| Expected return on plan assets | (370 | ) | (12 | ) | (375 | ) | (13 | ) | |||||||||
| Recognized net actuarial loss | 79 | 9 | 127 | 23 | |||||||||||||
| Amortization of prior service cost | 14 | 22 | 14 | 21 | |||||||||||||
| Net periodic benefit cost | $ | 257 | $ | 166 | $ | 300 | $ | 154 | |||||||||
| The weighted average assumptions used to determine net periodic benefit cost are as follows: | |||||||||||||||||
| Discount rate | 4.79 | % | 4.28 | % | 3.89 | % | 3.9 | % | |||||||||
| Expected long-term return on plan assets | 5.75 | % | — | 5.75 | % | — | |||||||||||
| Rate of compensation increase | 3.5 | % | 3.23 | % | 3.5 | % | 3.65 | % | |||||||||
| Nine Months Ended September 27, 2014 | Nine Months Ended September 28, 2013 | ||||||||||||||||
| (In thousands) | Pension | Other | Pension | Other | |||||||||||||
| Benefits | Benefits | Benefits | Benefits | ||||||||||||||
| Components of Net Periodic Benefit Cost: | |||||||||||||||||
| Service cost | $ | 639 | $ | 223 | $ | 744 | $ | 160 | |||||||||
| Interest cost | 963 | 220 | 873 | 208 | |||||||||||||
| Expected return on plan assets | (1,110 | ) | (36 | ) | (1,128 | ) | (39 | ) | |||||||||
| Recognized net actuarial loss | 237 | 27 | 393 | 66 | |||||||||||||
| Amortization of prior service cost | 42 | 67 | 42 | 63 | |||||||||||||
| Net periodic benefit cost | $ | 771 | $ | 501 | $ | 924 | $ | 458 | |||||||||
| The weighted average assumptions used to determine net periodic benefit cost are as follows: | |||||||||||||||||
| Discount rate | 4.79 | % | 4.28 | % | 3.89 | % | 3.92 | % | |||||||||
| Expected long-term return on plan assets | 5.75 | % | — | 5.75 | % | — | |||||||||||
| Rate of compensation increase | 3.5 | % | 3.23 | % | 3.5 | % | 3.66 | % | |||||||||
Accumulated_Other_Comprehensiv1
| Accumulated Other Comprehensive Items (Tables) | 9 Months Ended | ||||||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||||||
| Equity [Abstract] | ' | ||||||||||||||||||||
| Components of accumulated other comprehensive items | ' | ||||||||||||||||||||
| Changes in each component of accumulated other comprehensive items (AOCI), net of tax, in the accompanying condensed consolidated balance sheet are as follows: | |||||||||||||||||||||
| (In thousands) | Foreign | Unrecognized | Deferred Loss | Deferred Loss | Accumulated | ||||||||||||||||
| Currency | Prior Service | on Pension and | on Hedging | Other | |||||||||||||||||
| Translation | Cost | Other Post- | Instruments | Comprehensive | |||||||||||||||||
| Adjustment | Retirement | Items | |||||||||||||||||||
| Plans | |||||||||||||||||||||
| Balance at December 28, 2013 | $ | 8,919 | $ | (657 | ) | $ | (6,919 | ) | $ | (633 | ) | $ | 710 | ||||||||
| Other comprehensive (loss) income before reclassifications | (7,567 | ) | (64 | ) | 21 | 153 | (7,457 | ) | |||||||||||||
| Reclassifications from AOCI | — | 86 | 172 | (226 | ) | 32 | |||||||||||||||
| Net current period other comprehensive (loss) income | (7,567 | ) | 22 | 193 | (73 | ) | (7,425 | ) | |||||||||||||
| Balance at September 27, 2014 | $ | 1,352 | $ | (635 | ) | $ | (6,726 | ) | $ | (706 | ) | $ | (6,715 | ) | |||||||
| Balance at December 29, 2012 | $ | 8,124 | $ | (748 | ) | $ | (9,645 | ) | $ | (1,046 | ) | $ | (3,315 | ) | |||||||
| Other comprehensive income (loss) before reclassifications | 1,143 | — | (6 | ) | (81 | ) | 1,056 | ||||||||||||||
| Reclassifications from AOCI | — | 68 | 300 | 431 | 799 | ||||||||||||||||
| Net current period other comprehensive income | 1,143 | 68 | 294 | 350 | 1,855 | ||||||||||||||||
| Balance at September 28, 2013 | $ | 9,267 | $ | (680 | ) | $ | (9,351 | ) | $ | (696 | ) | $ | (1,460 | ) | |||||||
| Reclassification out of accumulated other comprehensive items | ' | ||||||||||||||||||||
| Amounts reclassified out of accumulated other comprehensive items are as follows: | |||||||||||||||||||||
| Three Months Ended | Nine Months Ended | Statement of Income | |||||||||||||||||||
| (In thousands) | September 27, 2014 | September 28, 2013 | September 27, 2014 | September 28, 2013 | Line Item | ||||||||||||||||
| Pension and Other Post-retirement Plans: (1) | Â Â Â Â Â | ||||||||||||||||||||
| Amortization of prior service cost | $ | (36 | ) | $ | (35 | ) | $ | (109 | ) | $ | (105 | ) | SG&A expenses | ||||||||
| Amortization of actuarial losses | (88 | ) | (150 | ) | (264 | ) | (459 | ) | SG&A expenses | ||||||||||||
| Total expense before income taxes | (124 | ) | (185 | ) | (373 | ) | (564 | ) | |||||||||||||
| Income tax benefit | 28 | 65 | 115 | 196 | Provision for income taxes | ||||||||||||||||
| (96 | ) | (120 | ) | (258 | ) | (368 | ) | ||||||||||||||
| Cash Flow Hedges: (2) | Â Â Â Â Â | ||||||||||||||||||||
| Interest rate swap agreements | (83 | ) | (91 | ) | (251 | ) | (287 | ) | Interest expense | ||||||||||||
| Forward currency-exchange contracts | 31 | (70 | ) | 31 | (153 | ) | Revenues | ||||||||||||||
| Forward currency-exchange contracts | 701 | — | 423 | — | SG&A expenses | ||||||||||||||||
| Total income (expense) before income taxes | 649 | (161 | ) | 203 | (440 | ) | |||||||||||||||
| Income tax (expense) benefit | (74 | ) | 56 | 23 | 9 | Provision for income taxes | |||||||||||||||
| 575 | (105 | ) | 226 | (431 | ) | ||||||||||||||||
| Total reclassifications | $ | 479 | $ | (225 | ) | $ | (32 | ) | $ | (799 | ) | ||||||||||
| -1 | Included in the computation of net periodic benefit costs. See Note 8 for additional information. | ||||||||||||||||||||
| -2 | See Note 10 for additional information. | ||||||||||||||||||||
Derivatives_Tables
| Derivatives (Tables) | 9 Months Ended | ||||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||||
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | ' | ||||||||||||||||||
| Fair value of derivative instruments | ' | ||||||||||||||||||
| The following table summarizes the fair values of the Company's derivative instruments designated and not designated as hedging instruments, the notional values of the associated derivative contracts, and the location of these instruments in the condensed consolidated balance sheet: | |||||||||||||||||||
| September 27, 2014 | December 28, 2013 | ||||||||||||||||||
| Balance Sheet Location | Asset (Liability) (a) | Notional Amount (b) | Asset (Liability) (a) | Notional Amount | |||||||||||||||
| (In thousands) | |||||||||||||||||||
| Derivatives Designated as Hedging Instruments: | |||||||||||||||||||
| Derivatives in an Asset Position: | |||||||||||||||||||
| Forward currency-exchange contracts | Other Long-Term Assets | $ | 169 | $ | 17,811 | $ | — | $ | — | ||||||||||
| Derivatives in a Liability Position: | |||||||||||||||||||
| Forward currency-exchange contracts | Other Current Liabilities | $ | — | $ | — | $ | (22 | ) | $ | 1,340 | |||||||||
| Interest rate swap agreement | Other Long-Term Liabilities | $ | (532 | ) | $ | 6,000 | $ | (773 | ) | $ | 6,375 | ||||||||
| Derivatives Not Designated as Hedging Instruments: | |||||||||||||||||||
| Derivatives in an Asset Position: | |||||||||||||||||||
| Forward currency-exchange contracts | Other Current Assets | $ | — | $ | — | $ | 97 | $ | 1,419 | ||||||||||
| Derivatives in a Liability Position: | |||||||||||||||||||
| Forward currency-exchange contracts | Other Current Liabilities | $ | (2 | ) | $ | 716 | $ | (1 | ) | $ | 288 | ||||||||
| (a) | See Note 11 for the fair value measurements related to these financial instruments. | ||||||||||||||||||
| (b) | The total notional amount is indicative of the level of the Company's derivative activity during the first nine months of 2014. | ||||||||||||||||||
| Activity in accumulated other comprehensive items (OCI) | ' | ||||||||||||||||||
| The following table summarizes the activity in accumulated other comprehensive items (OCI) associated with the Company's derivative instruments designated as cash flow hedges as of and for the period ended September 27, 2014: | |||||||||||||||||||
| (In thousands) | Interest Rate Swap | Forward Currency- | Total | ||||||||||||||||
| Agreement | Exchange | ||||||||||||||||||
| Contracts | |||||||||||||||||||
| Unrealized loss, net of tax, at December 28, 2013 | $ | (618 | ) | $ | (15 | ) | $ | (633 | ) | ||||||||||
| Loss (gain) reclassified to earnings | 161 | (387 | ) | (226 | ) | ||||||||||||||
| (Loss) gain recognized in OCI | (6 | ) | 159 | 153 | |||||||||||||||
| Unrealized loss, net of tax, at September 27, 2014 | $ | (463 | ) | $ | (243 | ) | $ | (706 | ) | ||||||||||
Fair_Value_Measurements_Tables
| Fair Value Measurements (Tables) | 9 Months Ended | ||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||
| Fair Value Disclosures [Abstract] | ' | ||||||||||||||||
| Fair value of assets and liabilities measured on a recurring basis | ' | ||||||||||||||||
| The following table presents the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis: | |||||||||||||||||
| Fair Value as of September 27, 2014 | |||||||||||||||||
| (In thousands) | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Assets: | |||||||||||||||||
| Money market funds and time deposits | $ | 5,079 | $ | — | $ | — | $ | 5,079 | |||||||||
| Banker's acceptance drafts (a) | $ | — | $ | 9,988 | $ | — | $ | 9,988 | |||||||||
| Forward currency-exchange contracts | $ | — | $ | 169 | $ | — | $ | 169 | |||||||||
| Liabilities: | |||||||||||||||||
| Forward currency-exchange contracts | $ | — | $ | 2 | $ | — | $ | 2 | |||||||||
| Interest rate swap agreement | $ | — | $ | 532 | $ | — | $ | 532 | |||||||||
| Contingent consideration (b) | $ | — | $ | — | $ | 1,175 | $ | 1,175 | |||||||||
| Fair Value as of December 28, 2013 | |||||||||||||||||
| (In thousands) | Level 1 | Level 2 | Level 3 | Total | |||||||||||||
| Assets: | |||||||||||||||||
| Money market funds and time deposits | $ | 17,090 | $ | — | $ | — | $ | 17,090 | |||||||||
| Banker's acceptance drafts (a) | $ | — | $ | 10,765 | $ | — | $ | 10,765 | |||||||||
| Forward currency-exchange contracts | $ | — | $ | 97 | $ | — | $ | 97 | |||||||||
| Liabilities: | |||||||||||||||||
| Forward currency-exchange contracts | $ | — | $ | 23 | $ | — | $ | 23 | |||||||||
| Interest rate swap agreement | $ | — | $ | 773 | $ | — | $ | 773 | |||||||||
| (a) | Included in accounts receivable in the accompanying condensed consolidated balance sheet. | ||||||||||||||||
| (b) | Included in other current liabilities in the accompanying condensed consolidated balance sheet. | ||||||||||||||||
| Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation | ' | ||||||||||||||||
| The following table provides a rollforward of the fair value, as determined by Level 3 inputs, of the contingent consideration: | |||||||||||||||||
| Nine Months Ended | |||||||||||||||||
| (In thousands) | Â September 27, 2014 | ||||||||||||||||
| Balance at beginning of period | $ | — | |||||||||||||||
| Acquisition | 1,205 | ||||||||||||||||
| Current period expense | 60 | ||||||||||||||||
| Currency translation | (90 | ) | |||||||||||||||
| Balance at end of period | $ | 1,175 | |||||||||||||||
| Carrying value and fair value of debt obligations | ' | ||||||||||||||||
| The carrying value and fair value of the Company's long-term debt obligations are as follows: | |||||||||||||||||
| September 27, 2014 | December 28, 2013 | ||||||||||||||||
| Carrying Value | Fair Value | Carrying Value | Fair Value | ||||||||||||||
| (In thousands) | |||||||||||||||||
| Long-term debt obligations | $ | 22,375 | $ | 22,375 | $ | 38,010 | $ | 38,010 | |||||||||
Business_Segment_Information_T
| Business Segment Information (Tables) | 9 Months Ended | ||||||||||||||||
| Sep. 27, 2014 | |||||||||||||||||
| Segment Reporting [Abstract] | ' | ||||||||||||||||
| Business segment information | ' | ||||||||||||||||
| Three Months Ended | Nine Months Ended | ||||||||||||||||
| September 27, | September 28, | September 27, | September 28, | ||||||||||||||
| (In thousands) | 2014 | 2013 | 2014 | 2013 | |||||||||||||
| Revenues: | |||||||||||||||||
| Papermaking Systems | $ | 88,369 | $ | 89,465 | $ | 258,528 | $ | 241,115 | |||||||||
| Wood Processing Systems | 8,480 | — | 29,590 | — | |||||||||||||
| Fiber-based Products | 1,870 | 1,850 | 8,803 | 8,569 | |||||||||||||
| $ | 98,719 | $ | 91,315 | $ | 296,921 | $ | 249,684 | ||||||||||
| Income from Continuing Operations Before Provision for Income Taxes: | |||||||||||||||||
| Papermaking Systems | $ | 13,006 | $ | 14,210 | $ | 36,219 | $ | 35,975 | |||||||||
| Wood Processing Systems | 1,648 | — | 4,497 | — | |||||||||||||
| Corporate and Fiber-based Products (a) | (4,503 | ) | (4,298 | ) | (10,908 | ) | (10,266 | ) | |||||||||
| Total Operating Income | 10,151 | 9,912 | 29,808 | 25,709 | |||||||||||||
| Interest Expense, Net | (168 | ) | (84 | ) | (420 | ) | (229 | ) | |||||||||
| $ | 9,983 | $ | 9,828 | $ | 29,388 | $ | 25,480 | ||||||||||
| Capital Expenditures: | |||||||||||||||||
| Papermaking Systems | $ | 1,325 | $ | 1,427 | $ | 2,614 | $ | 3,825 | |||||||||
| Other | 378 | 150 | 531 | 324 | |||||||||||||
| $ | 1,703 | $ | 1,577 | $ | 3,145 | $ | 4,149 | ||||||||||
| (a) Corporate primarily includes general and administrative expenses. | |||||||||||||||||
Nature_of_Operations_and_Summa3
| Nature of Operations and Summary of Significant Accounting Policies (Details) (USD $) | 9 Months Ended | 12 Months Ended | |
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Dec. 28, 2013 |
| Segment | |||
| Accounting Policies [Abstract] | ' | ' | ' |
| Number of reportable segments | 2 | ' | ' |
| Cash Flow, Noncash Investing Activities Disclosure [Abstract] | ' | ' | ' |
| Fair value of assets acquired | $5,635 | $22,688 | ' |
| Cash paid for acquired businesses | -3,648 | -15,332 | ' |
| Liabilities assumed of acquired businesses | 1,987 | 7,356 | ' |
| Cash Flow, Noncash Financing Activities Disclosure [Abstract] | ' | ' | ' |
| Issuance of Company Common Stock | 2,957 | 2,515 | ' |
| Dividends Declared but Unpaid | 1,634 | 1,393 | ' |
| Restricted Cash [Abstract] | ' | ' | ' |
| Restricted Cash | 598 | ' | 168 |
| Banker's Acceptance Drafts [Abstract] | ' | ' | ' |
| Banker's acceptance drafts | 9,988 | ' | 10,765 |
| Inventories [Abstract] | ' | ' | ' |
| Raw Materials and Supplies | 24,063 | ' | 20,836 |
| Work in Process | 15,598 | ' | 21,051 |
| Finished Goods | 18,046 | ' | 20,918 |
| Inventories | 57,707 | ' | 62,805 |
| Intangible Assets, Net (Excluding Goodwill) [Abstract] | ' | ' | ' |
| Indefinite-Lived Intangible Assets | 8,100 | ' | 8,100 |
| Finite-Lived Intangible Assets, Net [Abstract] | ' | ' | ' |
| Finite-Lived Intangible Assets, Gross | 71,193 | ' | 69,409 |
| Accumulated Amortization | -34,668 | ' | -30,373 |
| Finite-Lived Intangible Assets, Net | 35,644 | ' | 39,750 |
| Finite-Lived Intangible Assets, Translation and Purchase Accounting Adjustments [Abstract] | ' | ' | ' |
| Currency Translation | -881 | ' | 714 |
| Changes in the carrying amount of accrued warranty costs [Roll Forward] | ' | ' | ' |
| Balance at beginning of period | 4,571 | 4,462 | 4,462 |
| Provision | 1,681 | 969 | ' |
| Usage | -2,016 | -1,366 | ' |
| Acquired | 0 | 138 | ' |
| Currency translation | -190 | 62 | ' |
| Balance at end of period | 4,046 | 4,265 | 4,571 |
| Total Intangible Assets, Net | $43,744 | ' | $47,850 |
Acquisitions_Details
| Acquisitions (Details) | 9 Months Ended | 3 Months Ended | 9 Months Ended | 9 Months Ended | ||||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Dec. 28, 2013 | Sep. 27, 2014 | Mar. 29, 2014 | Sep. 27, 2014 | Mar. 29, 2014 | Sep. 27, 2014 |
| USD ($) | USD ($) | USD ($) | Radiance | Radiance | Radiance | Radiance | Prior Acquisition | |
| USD ($) | USD ($) | USD ($) | EUR (€) | USD ($) | ||||
| Business Acquisition [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
| Cash paid for acquired businesses | $3,648 | $15,332 | ' | $40 | $2,627 | ' | ' | $981 |
| Cash acquired | ' | ' | ' | ' | 674 | ' | ' | ' |
| Debt assumed | ' | ' | ' | ' | 53 | ' | ' | ' |
| Business acquisition, contingent consideration, potential cash payment | ' | ' | ' | 1,275 | ' | 1,275 | 1,000 | ' |
| Fair Value of Contingent consideration | 1,175 | ' | ' | ' | ' | ' | ' | ' |
| Identifiable intangible assets acquired | ' | ' | ' | 1,800 | ' | 1,800 | ' | ' |
| Weighted average useful life of acquired intangible assets | ' | ' | ' | ' | ' | '12 years | ' | ' |
| Goodwill | $129,880 | ' | $131,915 | $1,459 | ' | $1,459 | ' | ' |
Restructuring_Costs_and_Other_2
| Restructuring Costs and Other Income, Net (Text) (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 21 Months Ended | 3 Months Ended | 9 Months Ended | 21 Months Ended | 9 Months Ended | 21 Months Ended | 3 Months Ended | 9 Months Ended | 21 Months Ended | ||||||||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 |
| Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | CHINA | BRAZIL | BRAZIL | UNITED STATES | SWEDEN | SWEDEN | |||||
| 2013 Restructuring Plan | 2013 Restructuring Plan | 2013 Restructuring Plan | 2013 Restructuring Plan | 2014 Restructuring Plan | 2014 Restructuring Plan | Severance costs | Severance costs | Other Costs | Other Costs | Other Costs | Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | Papermaking Systems | |||||
| 2013 Restructuring Plan | 2014 Restructuring Plan | 2013 Restructuring Plan | 2013 Restructuring Plan | 2014 Restructuring Plan | Severance costs | Severance costs | Other Costs | Severance costs | Severance costs | ||||||||||||
| 2013 Restructuring Plan | 2014 Restructuring Plan | 2014 Restructuring Plan | 2013 Restructuring Plan | 2013 Restructuring Plan | |||||||||||||||||
| Employee | Employee | Employee | |||||||||||||||||||
| Restructuring Costs And Other Income and Expenses [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Provision | $534 | ' | $928 | ' | $41 | $435 | $2,003 | $2,278 | $493 | $493 | ($11) | $386 | $446 | $623 | $107 | ' | $1,158 | $386 | $107 | ($11) | $497 |
| Restructuring costs and other income, net | 534 | 45 | 928 | 263 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
| Pre-tax gain from sale of real estate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1,740 | ' | ' | ' | ' | ' |
| Number of employees reduced due to restructuring | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 22 | 9 | ' | ' | 25 |
Restructuring_Costs_and_Other_3
| Restructuring Costs and Other Income, Net (Table) (Details) (USD $) | 3 Months Ended | 9 Months Ended | 21 Months Ended | |
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 |
| Restructuring Reserve [Roll Forward] | ' | ' | ' | ' |
| Provision | $534 | $928 | ' | ' |
| Papermaking Systems | 2013 Restructuring Plan | ' | ' | ' | ' |
| Restructuring Reserve [Roll Forward] | ' | ' | ' | ' |
| Balance at beginning of period | ' | 467 | ' | ' |
| Provision | 41 | 435 | 2,003 | 2,278 |
| Usage | ' | -798 | ' | ' |
| Currency translation | ' | -42 | ' | ' |
| Balance at end of period | 62 | 62 | ' | 62 |
| Papermaking Systems | 2014 Restructuring Plan | ' | ' | ' | ' |
| Restructuring Reserve [Roll Forward] | ' | ' | ' | ' |
| Provision | 493 | 493 | ' | ' |
| Usage | ' | -386 | ' | ' |
| Currency translation | ' | -26 | ' | ' |
| Balance at end of period | 81 | 81 | ' | 81 |
| Papermaking Systems | Severance costs | 2013 Restructuring Plan | ' | ' | ' | ' |
| Restructuring Reserve [Roll Forward] | ' | ' | ' | ' |
| Balance at beginning of period | ' | 467 | ' | ' |
| Provision | ' | -11 | ' | ' |
| Usage | ' | -353 | ' | ' |
| Currency translation | ' | -41 | ' | ' |
| Balance at end of period | 62 | 62 | ' | 62 |
| Papermaking Systems | Severance costs | 2014 Restructuring Plan | ' | ' | ' | ' |
| Restructuring Reserve [Roll Forward] | ' | ' | ' | ' |
| Provision | ' | 386 | ' | ' |
| Usage | ' | -279 | ' | ' |
| Currency translation | ' | -26 | ' | ' |
| Balance at end of period | 81 | 81 | ' | 81 |
| Papermaking Systems | Other Costs | 2013 Restructuring Plan | ' | ' | ' | ' |
| Restructuring Reserve [Roll Forward] | ' | ' | ' | ' |
| Balance at beginning of period | ' | 0 | ' | ' |
| Provision | ' | 446 | ' | 623 |
| Usage | ' | -445 | ' | ' |
| Currency translation | ' | -1 | ' | ' |
| Balance at end of period | 0 | 0 | ' | 0 |
| Papermaking Systems | Other Costs | 2014 Restructuring Plan | ' | ' | ' | ' |
| Restructuring Reserve [Roll Forward] | ' | ' | ' | ' |
| Provision | ' | 107 | ' | ' |
| Usage | ' | -107 | ' | ' |
| Currency translation | ' | 0 | ' | ' |
| Balance at end of period | $0 | $0 | ' | $0 |
Earnings_per_Share_Details
| Earnings per Share (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, except Per Share data, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 |
| Amounts Attributable to Kadant [Abstract] | ' | ' | ' | ' |
| Income from Continuing Operations | $6,651 | $6,461 | $19,576 | $17,546 |
| Loss from Discontinued Operation | -4 | -14 | -18 | -55 |
| Net Income Attributable to Kadant | $6,647 | $6,447 | $19,558 | $17,491 |
| Basic Weighted Average Shares (in shares) | 10,898 | 11,153 | 11,026 | 11,165 |
| Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan (in shares) | 235 | 212 | 205 | 156 |
| Diluted Weighted Average Shares (in shares) | 11,133 | 11,365 | 11,231 | 11,321 |
| Basic Earnings Per Share [Abstract] | ' | ' | ' | ' |
| Continuing operations (in dollars per share) | $0.61 | $0.58 | $1.78 | $1.57 |
| Discontinued operation (in dollars per share) | $0 | $0 | $0 | $0 |
| Net Income per Basic Share (in dollars per share) | $0.61 | $0.58 | $1.77 | $1.57 |
| Diluted Earnings Per Share [Abstract] | ' | ' | ' | ' |
| Continuing operations (in dollars per share) | $0.60 | $0.57 | $1.74 | $1.55 |
| Discontinued operation (in dollars per share) | $0 | $0 | $0 | $0 |
| Net Income per Diluted Share (in dollars per share) | $0.60 | $0.57 | $1.74 | $1.55 |
| Stock Options | ' | ' | ' | ' |
| Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
| Antidilutive securities excluded from computation of earnings per share (in shares) | ' | 93 | ' | 99 |
| Restricted Stock Units (RSUs) | ' | ' | ' | ' |
| Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | ' | ' | ' | ' |
| Antidilutive securities excluded from computation of earnings per share (in shares) | 6 | ' | 44 | 27 |
Provision_for_Income_Taxes_Det
| Provision for Income Taxes (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 |
| Income Tax Disclosure [Abstract] | ' | ' | ' | ' |
| Provision for income taxes | $3,246 | $3,327 | $9,468 | $7,786 |
| Effective income tax rate (in hundredths) | ' | ' | 32.00% | 31.00% |
LongTerm_Obligations_Details
| Long-Term Obligations (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
| Sep. 27, 2014 | Sep. 27, 2014 | Dec. 28, 2013 | Aug. 03, 2012 | |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Total Long-Term Obligations | $23,000,000 | $23,000,000 | $38,635,000 | ' |
| Less: Current Maturities | -625,000 | -625,000 | -625,000 | ' |
| Long-Term Obligations, less Current Maturities | 22,375,000 | 22,375,000 | 38,010,000 | ' |
| Weighted average interest rate for long-term obligations (in hundredths) | 2.56% | 2.56% | ' | ' |
| Line of Credit Facility, Maximum Unrestricted Domestic Cash | 25,000,000 | 25,000,000 | ' | ' |
| Revolving Credit Facility | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Total Long-Term Obligations | 17,000,000 | 17,000,000 | 32,260,000 | ' |
| Term of unsecured revolving credit facility | '5 years | ' | ' | ' |
| Borrowing capacity available under committed portion | ' | ' | ' | 100,000,000 |
| Additional borrowing capacity | ' | ' | ' | 50,000,000 |
| Maturity date | ' | 1-Nov-18 | ' | ' |
| Interest rate description | 'Interest on any loans outstanding under the 2012 Credit Agreement accrues and is payable quarterly in arrears at one of the following rates selected by the Company: (i) the highest of (a) the federal funds rate plus 0.50% plus an applicable margin of 0% to 1%, (b) the prime rate, as defined, plus an applicable margin of 0% to 1% and (c) the Eurocurrency rate, as defined, plus 0.50% plus an applicable margin of 0% to 1% or (ii) the Eurocurrency rate, as defined, plus an applicable margin of 1% to 2%. The applicable margin is determined based upon the ratio of the Company's total debt to earnings before interest, taxes, depreciation, and amortization (EBITDA), as defined in the 2012 Credit Agreement. For this purpose, total debt is defined as total debt less up to $25,000,000 of unrestricted U.S. cash. | ' | ' | ' |
| Maximum consolidated leverage ratio | 3.5 | ' | ' | ' |
| Minimum consolidated interest coverage ratio | 3 | ' | ' | ' |
| Remaining Borrowing Capacity | 80,025,000 | 80,025,000 | ' | ' |
| Face amount of debt | 100,000,000 | 100,000,000 | ' | ' |
| Revolving Credit Facility | Federal Funds Rate | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate | ' | 'federal funds rate | ' | ' |
| Basis spread on variable rate (in hundredths) | ' | 0.50% | ' | ' |
| Revolving Credit Facility | Federal Funds Rate | Minimum | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate (in hundredths) | 0.00% | ' | ' | ' |
| Revolving Credit Facility | Federal Funds Rate | Maximum | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate (in hundredths) | 1.00% | ' | ' | ' |
| Revolving Credit Facility | Prime Rate | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate | ' | 'prime rate | ' | ' |
| Revolving Credit Facility | Prime Rate | Minimum | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate (in hundredths) | 0.00% | ' | ' | ' |
| Revolving Credit Facility | Prime Rate | Maximum | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate (in hundredths) | 1.00% | ' | ' | ' |
| Revolving Credit Facility | Eurocurrency Rate | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate | ' | 'Eurocurrency rate | ' | ' |
| Basis spread on variable rate (in hundredths) | ' | 0.50% | ' | ' |
| Revolving Credit Facility | Eurocurrency Rate | Minimum | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate (in hundredths) | 0.00% | ' | ' | ' |
| Revolving Credit Facility | Eurocurrency Rate | Maximum | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate (in hundredths) | 1.00% | ' | ' | ' |
| Revolving Credit Facility | Eurocurrency Rate Two | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate | ' | 'Eurocurrency rate | ' | ' |
| Revolving Credit Facility | Eurocurrency Rate Two | Minimum | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate (in hundredths) | 1.00% | ' | ' | ' |
| Revolving Credit Facility | Eurocurrency Rate Two | Maximum | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Basis spread on variable rate (in hundredths) | 2.00% | ' | ' | ' |
| Commercial Real Estate Loan | ' | ' | ' | ' |
| Debt obligations [Line Items] | ' | ' | ' | ' |
| Total Long-Term Obligations | $6,000,000 | $6,000,000 | $6,375,000 | ' |
StockBased_Compensation_Detail
| Stock-Based Compensation (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 |
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ' | ' | ' | ' |
| Stock-based compensation expense | $1,440 | $1,236 | $4,251 | $3,794 |
| Stock-based Compensation [Abstract] | ' | ' | ' | ' |
| Unrecognized compensation expense related to stock awards | $5,789 | ' | $5,789 | ' |
| Recognition period | '1 year 4 months 24 days | ' | ' | ' |
Employee_Benefit_Plans_Details
| Employee Benefit Plans (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 |
| Weighted average assumptions used to determine net periodic benefit cost [Abstract] | ' | ' | ' | ' |
| Contributions to noncontributory defined benefit plan | ' | ' | $810 | ' |
| Expected contributions to noncontributory defined benefit plan for the remainder of the year | ' | ' | 270 | ' |
| Pension Benefits | ' | ' | ' | ' |
| Components of Net Periodic Benefit Cost | ' | ' | ' | ' |
| Service cost | 213 | 245 | 639 | 744 |
| Interest cost | 321 | 289 | 963 | 873 |
| Expected return on plan assets | -370 | -375 | -1,110 | -1,128 |
| Recognized net actuarial loss | 79 | 127 | 237 | 393 |
| Amortization of prior service cost | 14 | 14 | 42 | 42 |
| Net periodic benefit cost | 257 | 300 | 771 | 924 |
| Weighted average assumptions used to determine net periodic benefit cost [Abstract] | ' | ' | ' | ' |
| Discount rate (in hundredths) | 4.79% | 3.89% | 4.79% | 3.89% |
| Expected long-term return on plan assets (in hundredths) | 5.75% | 5.75% | 5.75% | 5.75% |
| Rate of compensation increase (in hundredths) | 3.50% | 3.50% | 3.50% | 3.50% |
| Other Benefits | ' | ' | ' | ' |
| Components of Net Periodic Benefit Cost | ' | ' | ' | ' |
| Service cost | 73 | 54 | 223 | 160 |
| Interest cost | 74 | 69 | 220 | 208 |
| Expected return on plan assets | -12 | -13 | -36 | -39 |
| Recognized net actuarial loss | 9 | 23 | 27 | 66 |
| Amortization of prior service cost | 22 | 21 | 67 | 63 |
| Net periodic benefit cost | $166 | $154 | $501 | $458 |
| Weighted average assumptions used to determine net periodic benefit cost [Abstract] | ' | ' | ' | ' |
| Discount rate (in hundredths) | 4.28% | 3.90% | 4.28% | 3.92% |
| Expected long-term return on plan assets (in hundredths) | 0.00% | 0.00% | 0.00% | 0.00% |
| Rate of compensation increase (in hundredths) | 3.23% | 3.65% | 3.23% | 3.66% |
Accumulated_Other_Comprehensiv2
| Accumulated Other Comprehensive Items (Details) (USD $) | 9 Months Ended | |
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 |
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward] | ' | ' |
| Balance at Beginning of Year | $710 | ($3,315) |
| Other comprehensive (loss) income before reclassifications | -7,457 | 1,056 |
| Reclassifications from AOCI | 32 | 799 |
| Net current period other comprehensive (loss) income | -7,425 | 1,855 |
| Balance at End of Quarter | -6,715 | -1,460 |
| Foreign Currency Translation Adjustment | ' | ' |
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward] | ' | ' |
| Balance at Beginning of Year | 8,919 | 8,124 |
| Other comprehensive (loss) income before reclassifications | -7,567 | 1,143 |
| Reclassifications from AOCI | 0 | 0 |
| Net current period other comprehensive (loss) income | -7,567 | 1,143 |
| Balance at End of Quarter | 1,352 | 9,267 |
| Unrecognized Prior Service Cost | ' | ' |
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward] | ' | ' |
| Balance at Beginning of Year | -657 | -748 |
| Other comprehensive (loss) income before reclassifications | -64 | 0 |
| Reclassifications from AOCI | 86 | 68 |
| Net current period other comprehensive (loss) income | 22 | 68 |
| Balance at End of Quarter | -635 | -680 |
| Deferred Loss on Pension and Other Post Retirement Plans | ' | ' |
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward] | ' | ' |
| Balance at Beginning of Year | -6,919 | -9,645 |
| Other comprehensive (loss) income before reclassifications | 21 | -6 |
| Reclassifications from AOCI | 172 | 300 |
| Net current period other comprehensive (loss) income | 193 | 294 |
| Balance at End of Quarter | -6,726 | -9,351 |
| Deferred Loss on Hedging Instruments | ' | ' |
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward] | ' | ' |
| Balance at Beginning of Year | -633 | -1,046 |
| Other comprehensive (loss) income before reclassifications | 153 | -81 |
| Reclassifications from AOCI | -226 | 431 |
| Net current period other comprehensive (loss) income | -73 | 350 |
| Balance at End of Quarter | ($706) | ($696) |
Accumulated_Other_Comprehensiv3
| Accumulated Other Comprehensive Items, Reclassifications out of AOCI (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||||||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 | ||||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
| Selling, general, and administrative expenses | ($31,872) | ($28,606) | ($95,942) | ($85,001) | ||||
| Interest Expense | -210 | -239 | -766 | -635 | ||||
| Revenues | 98,719 | 91,315 | 296,921 | 249,684 | ||||
| Income (Loss) from Continuing Operations Before Provision for Income Taxes | 9,983 | 9,828 | 29,388 | 25,480 | ||||
| Provision for income taxes | -3,246 | -3,327 | -9,468 | -7,786 | ||||
| Income from Continuing Operations | 6,737 | 6,501 | 19,920 | 17,694 | ||||
| Reclassification out of Accumulated Other Comprehensive Loss | ' | ' | ' | ' | ||||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
| Income from Continuing Operations | 479 | -225 | -32 | -799 | ||||
| Amortization of Prior Service Cost | Reclassification out of Accumulated Other Comprehensive Loss | ' | ' | ' | ' | ||||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
| Selling, general, and administrative expenses | -36 | [1] | -35 | [1] | -109 | [1] | -105 | [1] |
| Amortization of Actuarial Losses | Reclassification out of Accumulated Other Comprehensive Loss | ' | ' | ' | ' | ||||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
| Selling, general, and administrative expenses | -88 | [1] | -150 | [1] | -264 | [1] | -459 | [1] |
| Pension and Other Post-retirement Plans | Reclassification out of Accumulated Other Comprehensive Loss | ' | ' | ' | ' | ||||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
| Income (Loss) from Continuing Operations Before Provision for Income Taxes | -124 | [1] | -185 | [1] | -373 | [1] | -564 | [1] |
| Provision for income taxes | 28 | [1] | 65 | [1] | 115 | [1] | 196 | [1] |
| Income from Continuing Operations | -96 | [1] | -120 | [1] | -258 | [1] | -368 | [1] |
| Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Loss | ' | ' | ' | ' | ||||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
| Income (Loss) from Continuing Operations Before Provision for Income Taxes | 649 | [2] | -161 | [2] | 203 | [2] | -440 | [2] |
| Provision for income taxes | -74 | [2] | 56 | [2] | 23 | [2] | 9 | [2] |
| Income from Continuing Operations | 575 | [2] | -105 | [2] | 226 | [2] | -431 | [2] |
| Cash Flow Hedges | Interest Rate Swap | Reclassification out of Accumulated Other Comprehensive Loss | ' | ' | ' | ' | ||||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
| Interest Expense | -83 | [2] | -91 | [2] | -251 | [2] | -287 | [2] |
| Cash Flow Hedges | Forward Currency-Exchange Contracts | Reclassification out of Accumulated Other Comprehensive Loss | ' | ' | ' | ' | ||||
| Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items] | ' | ' | ' | ' | ||||
| Selling, general, and administrative expenses | 701 | [2] | 0 | [2] | 423 | [2] | 0 | [2] |
| Revenues | $31 | [2] | ($70) | [2] | $31 | [2] | ($153) | [2] |
| [1] | (1)Included in the computation of net periodic benefit costs. See Note 8 for additional information. | |||||||
| [2] | (2)See Note 10 for additional information. | |||||||
Derivatives_Details
| Derivatives (Details) (USD $) | 3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||
| Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Dec. 28, 2013 | Sep. 27, 2014 | Sep. 27, 2014 | Sep. 27, 2014 | Dec. 28, 2013 | Sep. 27, 2014 | Dec. 28, 2013 | Sep. 27, 2014 | Dec. 28, 2013 | Sep. 27, 2014 | Dec. 28, 2013 | |||||||||||
| Cash Flow Hedging | 2006 Swap Agreement | Interest Rate Swap Agreement | Interest Rate Swap Agreement | Interest Rate Swap Agreement | Interest Rate Swap Agreement | Interest Rate Swap Agreement | Interest Rate Swap Agreement | Forward Currency-Exchange Contracts | Forward Currency-Exchange Contracts | Forward Currency-Exchange Contracts | Forward Currency-Exchange Contracts | Forward Currency-Exchange Contracts | Forward Currency-Exchange Contracts | Forward Currency-Exchange Contracts | Forward Currency-Exchange Contracts | Forward Currency-Exchange Contracts | Forward Currency-Exchange Contracts | |||||||||||||||
| Maximum | Minimum | Cash Flow Hedging | Derivatives Designated as Hedging Instruments | Derivatives Designated as Hedging Instruments | Cash Flow Hedging | Derivatives Designated as Hedging Instruments | Derivatives Designated as Hedging Instruments | Derivatives Designated as Hedging Instruments | Derivatives Designated as Hedging Instruments | Derivatives Not Designated as Hedging Instruments | Derivatives Not Designated as Hedging Instruments | Derivatives Not Designated as Hedging Instruments | Derivatives Not Designated as Hedging Instruments | |||||||||||||||||||
| Other Long Term Liabilities | Other Long Term Liabilities | Other Long-Term Assets | Other Long-Term Assets | Other Current Liabilities | Other Current Liabilities | Other Current Liabilities | Other Current Liabilities | Other Current Assets | Other Current Assets | |||||||||||||||||||||||
| Interest Rate Swaps [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Fixed rate of interest (in hundredths) | ' | ' | ' | ' | ' | 5.63% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Rate of effectiveness of interest rate swap agreement (in hundredths) | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Financial covenants | ' | ' | ' | ' | ' | ' | 'maximum consolidated leverage ratio of 3.5 to 1, and a minimum consolidated interest coverage ratio of 3 to 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Maximum consolidated leverage ratio | ' | ' | ' | ' | ' | ' | ' | 3.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Minimum consolidated interest coverage ratio | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Unrealized loss on derivatives | ' | ' | ' | ' | ' | ' | $532,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Forward Currency-Exchange Contracts [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Maximum period over which entity manages its level of exposure of risk | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '24 months | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Recognized gains (losses) | -2,000 | 37,000 | 34,000 | 50,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Derivatives in an Asset Position [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Derivatives in an asset position | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 169,000 | [1] | 0 | [1] | ' | ' | ' | ' | 0 | [1] | 97,000 | [1] | ||||||
| Notional amount, Derivative asset | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 17,811,000 | [2] | 0 | ' | ' | ' | ' | 0 | [2] | 1,419,000 | ||||||||
| Derivatives in a Liability Position [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Derivatives in a liability position | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -532,000 | [1] | -773,000 | [1] | ' | ' | ' | ' | 0 | [1] | -22,000 | [1] | -2,000 | [1] | -1,000 | [1] | ' | ' | ||||
| Notional amount, Derivative liability | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,000,000 | [2] | 6,375,000 | ' | ' | ' | ' | 0 | [2] | 1,340,000 | 716,000 | [2] | 288,000 | ' | ' | |||||||
| Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Unrealized loss, net of tax, at beginning of period | ' | ' | ' | ' | -633,000 | ' | ' | ' | ' | -618,000 | ' | ' | ' | -15,000 | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Loss (gain) reclassified to earnings | ' | ' | ' | ' | -226,000 | ' | ' | ' | ' | 161,000 | ' | ' | ' | -387,000 | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| (Loss) gain recognized in OCI | -66,000 | 61,000 | -73,000 | 350,000 | 153,000 | ' | ' | ' | ' | -6,000 | ' | ' | ' | 159,000 | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Unrealized loss, net of tax, at end of period | ' | ' | ' | ' | -706,000 | ' | ' | ' | ' | -463,000 | ' | ' | ' | -243,000 | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| Net unrealized loss included in OCI expected to be reclassified to earnings over the next 12 months | $286,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||||
| [1] | See Note 11 for the fair value measurements related to these financial instruments. | |||||||||||||||||||||||||||||||
| [2] | The total notional amount is indicative of the level of the Company's derivative activity during the first nine months of 2014. | |||||||||||||||||||||||||||||||
Fair_Value_Measurements_Detail
| Fair Value Measurements (Details) (USD $) | 9 Months Ended | ||||||||||||||||||||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 27, 2014 | Dec. 28, 2013 | Sep. 27, 2014 | Dec. 28, 2013 | Sep. 27, 2014 | Dec. 28, 2013 | Sep. 27, 2014 | Dec. 28, 2013 | Sep. 27, 2014 | Dec. 28, 2013 | Sep. 27, 2014 | Dec. 28, 2013 | ||||||||
| Reported Value Measurement | Reported Value Measurement | Estimate of Fair Value Measurement | Estimate of Fair Value Measurement | Recurring | Recurring | Recurring | Recurring | Recurring | Recurring | Recurring | Recurring | ||||||||||
| Level 1 | Level 1 | Level 2 | Level 2 | Level 3 | Level 3 | ||||||||||||||||
| Assets [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
| Money market funds and time deposits | ' | ' | ' | ' | ' | $5,079 | $17,090 | $5,079 | $17,090 | $0 | $0 | $0 | $0 | ||||||||
| Banker's acceptance drafts | ' | ' | ' | ' | ' | 9,988 | [1] | 10,765 | [1] | 0 | [1] | 0 | [1] | 9,988 | [1] | 10,765 | [1] | 0 | [1] | 0 | [1] |
| Forward currency-exchange contracts | ' | ' | ' | ' | ' | 169 | 97 | 0 | 0 | 169 | 97 | 0 | 0 | ||||||||
| Liabilities [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
| Foreign currency-exchange contracts | ' | ' | ' | ' | ' | 2 | 23 | 0 | 0 | 2 | 23 | 0 | 0 | ||||||||
| Interest rate swap agreement | ' | ' | ' | ' | ' | 532 | 773 | 0 | 0 | 532 | 773 | 0 | 0 | ||||||||
| Contingent consideration | 1,175 | ' | ' | ' | ' | 1,175 | [2] | ' | 0 | [2] | ' | 0 | [2] | ' | 1,175 | [2] | ' | ||||
| Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unobservable Input [Roll Forward] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
| Balance at beginning of period | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
| Acquisition | 1,205 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
| Current period expense | 60 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
| Currency translation | -90 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
| Balance at end of period | 1,175 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
| Long-term debt obligations | ' | $22,375 | $38,010 | $22,375 | $38,010 | ' | ' | ' | ' | ' | ' | ' | ' | ||||||||
| [1] | Included in accounts receivable in the accompanying condensed consolidated balance sheet. | ||||||||||||||||||||
| [2] | Included in other current liabilities in the accompanying condensed consolidated balance sheet. | ||||||||||||||||||||
Business_Segment_Information_D
| Business Segment Information (Details) (USD $) | 3 Months Ended | 9 Months Ended | ||||||
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Sep. 27, 2014 | Sep. 28, 2013 | ||||
| Segment | ||||||||
| Segment Reporting [Abstract] | ' | ' | ' | ' | ||||
| Number of reportable segments | ' | ' | 2 | ' | ||||
| Revenues by Product line [Abstract] | ' | ' | ' | ' | ||||
| Revenues | $98,719 | $91,315 | $296,921 | $249,684 | ||||
| Income from Continuing Operations Before Provision for Income Taxes [Abstract] | ' | ' | ' | ' | ||||
| Total operating income | 10,151 | 9,912 | 29,808 | 25,709 | ||||
| Interest expense, net | -168 | -84 | -420 | -229 | ||||
| Income from Continuing Operations Before Provision for Income Taxes | 9,983 | 9,828 | 29,388 | 25,480 | ||||
| Capital Expenditures [Abstract] | ' | ' | ' | ' | ||||
| Capital expenditures | 1,703 | 1,577 | 3,145 | 4,149 | ||||
| Fiber based Products | ' | ' | ' | ' | ||||
| Revenues by Product line [Abstract] | ' | ' | ' | ' | ||||
| Revenues | 1,870 | 1,850 | 8,803 | 8,569 | ||||
| Corporate and Fiber-based Products | ' | ' | ' | ' | ||||
| Income from Continuing Operations Before Provision for Income Taxes [Abstract] | ' | ' | ' | ' | ||||
| Total operating income | -4,503 | [1] | -4,298 | [1] | -10,908 | [1] | -10,266 | [1] |
| Other | ' | ' | ' | ' | ||||
| Capital Expenditures [Abstract] | ' | ' | ' | ' | ||||
| Capital expenditures | 378 | 150 | 531 | 324 | ||||
| Operating Segment | Papermaking Systems | ' | ' | ' | ' | ||||
| Revenues by Product line [Abstract] | ' | ' | ' | ' | ||||
| Revenues | 88,369 | 89,465 | 258,528 | 241,115 | ||||
| Income from Continuing Operations Before Provision for Income Taxes [Abstract] | ' | ' | ' | ' | ||||
| Total operating income | 13,006 | 14,210 | 36,219 | 35,975 | ||||
| Capital Expenditures [Abstract] | ' | ' | ' | ' | ||||
| Capital expenditures | 1,325 | 1,427 | 2,614 | 3,825 | ||||
| Operating Segment | Wood Processing Systems | ' | ' | ' | ' | ||||
| Revenues by Product line [Abstract] | ' | ' | ' | ' | ||||
| Revenues | 8,480 | 0 | 29,590 | 0 | ||||
| Income from Continuing Operations Before Provision for Income Taxes [Abstract] | ' | ' | ' | ' | ||||
| Total operating income | $1,648 | $0 | $4,497 | $0 | ||||
| [1] | (a) Corporate primarily includes general and administrative expenses. | |||||||
Contingencies_and_Litigation_D
| Contingencies and Litigation (Details) (USD $) | Sep. 27, 2014 | Dec. 28, 2013 |
| In Thousands, unless otherwise specified | ||
| Right of Recourse [Abstract] | ' | ' |
| Banker's acceptance drafts with recourse | $5,480 | $5,688 |
Subsequent_Event_Details
| Subsequent Event (Details) (USD $) | 9 Months Ended | 0 Months Ended | |
| In Thousands, unless otherwise specified | Sep. 27, 2014 | Sep. 28, 2013 | Oct. 31, 2014 |
| Subsequent Event | |||
| Subsequent Event [Line Items] | ' | ' | ' |
| Cash paid for acquired businesses | $3,648 | $15,332 | $9,183 |