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Earnings per Share | 6 Months Ended
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Jul. 04, 2015
Earnings Per Share [Abstract] |
Earnings per Share | Earnings per Share Basic and diluted earnings per share are calculated as follows:
|  | Three Months Ended |  | Six Months Ended
|  | July 4, 2015 |  | June 28, 2014 |  | July 4, 2015 |  | June 28, 2014
(In thousands, except per share amounts) |  |  |  |
Amounts Attributable to Kadant: |  |  |  |  |  |  |  |
Income from Continuing Operations |  | $ | 8,469 |  |  | $ | 7,867 |  |  | $ | 15,301 |  |  | $ | 12,925 |
(Loss) Income from Discontinued Operation |  | (5 | ) |  | (9 | ) |  | 60 |  |  | (14 | )
Net Income |  | $ | 8,464 |  |  | $ | 7,858 |  |  | $ | 15,361 |  |  | $ | 12,911 |
Basic Weighted Average Shares |  | 10,948 |  |  | 11,049 |  |  | 10,920 |  |  | 11,091 |
Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan |  | 225 |  |  | 197 |  |  | 210 |  |  | 189 |
Diluted Weighted Average Shares |  | 11,173 |  |  | 11,246 |  |  | 11,130 |  |  | 11,280 |
Basic Earnings per Share: |  |  |  |  |  |  |  |  |  |  |  |
Continuing Operations |  | $ | 0.77 |  |  | $ | 0.71 |  |  | $ | 1.40 |  |  | $ | 1.17 |
Discontinued Operation |  | $ | — |  |  | $ | — |  |  | $ | 0.01 |  |  | $ | — |
Net Income per Basic Share |  | $ | 0.77 |  |  | $ | 0.71 |  |  | $ | 1.41 |  |  | $ | 1.16 |
Diluted Earnings per Share: |  |  |  |  |  |  |  |  |  |  |  |
Continuing Operations |  | $ | 0.76 |  |  | $ | 0.70 |  |  | $ | 1.37 |  |  | $ | 1.15 |
Discontinued Operation |  | $ | — |  |  | $ | — |  |  | $ | 0.01 |  |  | $ | — |
Net Income per Diluted Share |  | $ | 0.76 |  |  | $ | 0.70 |  |  | $ | 1.38 |  |  | $ | 1.14 |
Unvested restricted stock units equivalent to approximately 41,000 and 69,000 shares of common stock for the second quarters of 2015 and 2014, respectively, and approximately 44,000 and 63,000 shares of common stock for the first six months of 2015 and 2014, 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.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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