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Earnings per Share (Tables)
 9 Months Ended
Oct. 01, 2016
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
Basic and diluted earnings per share (EPS) were calculated as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
October 1,
2016
 
October 3,
2015
 
October 1,
2016
 
October 3,
2015
(In thousands, except per share amounts)
 
 
 
 
Amounts Attributable to Kadant:
 
 
 
 
 
 
 
 
Income from Continuing Operations
 
$
9,154

 
$
8,647

 
$
24,341

 
$
23,948

Income (Loss) from Discontinued Operation
 
3

 
(4
)
 
3

 
56

Net Income
 
$
9,157

 
$
8,643

 
$
24,344

 
$
24,004

 
 
 
 
 
 
 
 
 
Basic Weighted Average Shares
 
10,901

 
10,861

 
10,854

 
10,900

Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan
 
288

 
235

 
266

 
219

Diluted Weighted Average Shares
 
11,189

 
11,096

 
11,120

 
11,119

 
 
 
 
 
 
 
 
 
Basic Earnings per Share:
 
 

 
 

 
 

 
 

Continuing operations
 
$
0.84

 
$
0.80

 
$
2.24

 
$
2.20

Discontinued operation
 
$
—

 
$
—

 
$
—

 
$
0.01

Net income per basic share
 
$
0.84

 
$
0.80

 
$
2.24

 
$
2.20

 
 
 
 
 
 
 
 
 
Diluted Earnings per Share:
 
 

 
 

 
 

 
 

Continuing operations
 
$
0.82

 
$
0.78

 
$
2.19

 
$
2.15

Discontinued operation
 
$
—

 
$
—

 
$
—

 
$
0.01

Net income per diluted share
 
$
0.82

 
$
0.78

 
$
2.19

 
$
2.16