Kadant's operating income from continuing operations was $14.4 million in the 4Q 2015 compared to $12.3 million in the 4Q 2014. Operating income included restructuring costs of $0.2 million and a restructuring benefit of $0.1 million in the fourth quarters of 2015 and 2014, respectively.
ByLesprom Network
Feb 26, 2016. /Lesprom Network/. Kadant's operating income from continuing operations was $14.4 million in the 4Q 2015 compared to $12.3 million in the 4Q 2014. Operating income included restructuring costs of $0.2 million and a restructuring benefit of $0.1 million in the fourth quarters of 2015 and 2014, respectively, as the company said in the press release received by Lesprom Network.
Adjusted operating income, a non-GAAP measure, was $14.6 million in the 4Q 2015 compared to $12.2 million in the 4Q 2014.
Net income from continuing operations was $10.4 million in the 4Q 2015, compared to $9.1 million in the 4Q 2014. Net income from continuing operations in the 4Q 2015 included a $0.1 million after-tax restructuring cost.
Operating income from continuing operations was $50.1 million in 2015 compared to $42.1 million in 2014.
Net income from continuing operations was $34.3 million in 2015, compared to $28.7 million in 2014.
Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide.
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