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Earnings per Share
 12 Months Ended
Dec. 28, 2013
Earnings per Share [Abstract]  
Earnings per Share
13.Earnings per Share

Basic and diluted earnings per share were calculated as follows:

(In thousands, except per share amounts)
 
2013
  
2012
  
2011
 
Amounts Attributable to Kadant:
 
  
  
 
Income from Continuing Operations
 
$
23,481
  
$
30,880
  
$
33,584
 
(Loss) Income from Discontinued Operation
  
(62
)
  
743
   
(9
)
Net Income
 
$
23,419
  
$
31,623
  
$
33,575
 
Basic Weighted Average Shares
  
11,153
   
11,456
   
12,124
 
Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan
  
187
   
134
   
137
 
Diluted Weighted Average Shares
  
11,340
   
11,590
   
12,261
 
Basic Earnings per Share:
            
Continuing Operations
 
$
2.11
  
$
2.70
  
$
2.77
 
Discontinued Operation
 
$
(0.01
)
 
$
0.06
  
$
–
 
Net Income per Basic Share
 
$
2.10
  
$
2.76
  
$
2.77
 
Diluted Earnings per Share:
            
Continuing Operations
 
$
2.07
  
$
2.66
  
$
2.74
 
Discontinued Operation
 
$
(0.01
)
 
$
0.06
  
$
–
 
Net Income per Diluted Share
 
$
2.07
  
$
2.73
  
$
2.74
 

Options to purchase 74,300 shares, 150,000 shares, and 67,500 shares of common stock were not included in the computation of diluted earnings per share for 2013, 2012, and 2011, respectively, because the options' exercise prices were greater than the average market price for the common stock and the effect would have been antidilutive. In addition, the dilutive effect of restricted stock units totaling 20,400, 28,500, and 45,700 shares of common stock was not included in the computation of diluted earnings per share in 2013, 2012, and 2011, respectively, as the effect would have been antidilutive or, for unvested performance-based restricted stock units, the performance conditions had not been met as of the end of the reporting periods during the year.