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Earnings per Share (Tables)
 9 Months Ended
Oct. 03, 2015
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
 
 
October 3,
2015
 
September 27,
2014
 
October 3,
2015
 
September 27,
2014
(In thousands, except per share amounts)
 
 
 
 
 
 
 
 
 
 
 
 
 
Amounts Attributable to Kadant:
 
 
 
 
 
 
 
 
Income from Continuing Operations
 
$
8,647

 
$
6,651

 
$
23,948

 
$
19,576

(Loss) Income from Discontinued Operation
 
(4
)
 
(4
)
 
56

 
(18
)
Net Income
 
$
8,643

 
$
6,647

 
$
24,004

 
$
19,558

 
 
 
 
 
 
 
 
 
Basic Weighted Average Shares
 
10,861

 
10,898

 
10,900

 
11,026

Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan
 
235

 
235

 
219

 
205

Diluted Weighted Average Shares
 
11,096

 
11,133

 
11,119

 
11,231

 
 
 
 
 
 
 
 
 
Basic Earnings per Share:
 
 

 
 

 
 

 
 

Continuing Operations
 
$
0.80

 
$
0.61

 
$
2.20

 
$
1.78

Discontinued Operation
 
$
—

 
$
—

 
$
0.01

 
$
—

Net Income per Basic Share
 
$
0.80

 
$
0.61

 
$
2.20

 
$
1.77

 
 
 
 
 
 
 
 
 
Diluted Earnings per Share:
 
 

 
 

 
 

 
 

Continuing Operations
 
$
0.78

 
$
0.60

 
$
2.15

 
$
1.74

Discontinued Operation
 
$
—

 
$
—

 
$
0.01

 
$
—

Net Income per Diluted Share
 
$
0.78

 
$
0.60

 
$
2.16

 
$
1.74