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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
 
 
September 27, 2014
 
September 28, 2013
 
September 27, 2014
 
September 28, 2013
(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
 
$
0.60

 
$
0.57

 
$
1.74

 
$
1.55

Discontinued Operation
 
$

 
$

 
$

 
$

Net Income per Diluted Share
 
$
0.60

 
$
0.57

 
$
1.74

 
$
1.55