secwatch.observer — SEC 8-K summary
======================================

Issuer:     KADANT INC (KAI)
CIK:        0000886346
Form:       8-K
Filed at:   2026-02-23T23:59:59+00:00
Accession:  0000886346-26-000015
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kadant changes adjusted EPS to exclude all acquired intangible amortization; guides FY2026 $12.53-$12.88
--------------------------------------------------------------------------------

- Now excludes full amortization of acquired intangible assets from adjusted EPS, not just acquired backlog.
- FY2025 adjusted EPS restated to $11.01 under new methodology vs. previously reported $9.26.
- FY2026 adjusted EPS guidance: $12.53-$12.88; Q1 2026: $2.31-$2.41.
- Historical data for fiscal 2021-2024 also restated to reflect the change.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886346/000088634626000015/0000886346-26-000015-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886346/000088634626000015/kai-20260223.htm
  HTML page:      https://secwatch.observer/filing/0000886346-26-000015

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer