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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share
Basic and diluted earnings per share (EPS) are calculated as follows:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
2017
 
October 1,
2016
 
September 30,
2017
 
October 1,
2016
(In thousands, except per share amounts)
 
 
 
 
Amounts Attributable to Kadant:
 
 
 
 
 
 
 
 
Income from Continuing Operations
 
$
13,285

 
$
9,154

 
$
30,332

 
$
24,341

Income from Discontinued Operation
 

 
3

 

 
3

Net Income
 
$
13,285

 
$
9,157

 
$
30,332

 
$
24,344

 
 
 
 
 
 
 
 
 
Basic Weighted Average Shares
 
11,004

 
10,901

 
10,986

 
10,854

Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan Shares
 
340

 
288

 
296

 
266

Diluted Weighted Average Shares
 
11,344

 
11,189

 
11,282

 
11,120

 
 
 
 
 
 
 
 
 
Basic Earnings per Share
 
$
1.21

 
$
0.84

 
$
2.76

 
$
2.24

 
 
 
 
 
 
 
 
 
Diluted Earnings per Share
 
$
1.17

 
$
0.82

 
$
2.69

 
$
2.19