Earnings per Share

12 Months Ended

Dec. 31, 2016

Earnings per Share

Basic and diluted EPS were calculated as follows:



(In thousands, except per share amounts)	2016		2015		2014
Amounts Attributable to Kadant:
Income from Continuing Operations	$	32,074	$	34,315	$	28,682
Income (Loss) from Discontinued Operation	3		74		(23		)
Net Income Attributable to Kadant	$	32,077	$	34,389	$	28,659
Basic Weighted Average Shares	10,869		10,867		10,988
Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan	280		227		222
Diluted Weighted Average Shares	11,149		11,094		11,210
Basic EPS:
Continuing Operations	$	2.95	$	3.16	$	2.61
Discontinued Operation	$	—	$	0.01	$	—
Net Income per Basic Share	$	2.95	$	3.16	$	2.61
Diluted EPS:
Continuing Operations	$	2.88	$	3.09	$	2.56
Discontinued Operation	$	—	$	0.01	$	—
Net Income per Diluted Share	$	2.88	$	3.10	$	2.56

The dilutive effect of RSUs totaling 36,700, 23,100, and 33,000 shares of common stock was not included in the computation of diluted EPS in 2016, 2015, and 2014, respectively, as the effect would have been antidilutive or, for unvested performance-based RSUs, the performance conditions had not been met as of the end of the reporting periods during the year.