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Earnings per Share
 3 Months Ended
Mar. 30, 2019
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share

Basic and diluted earnings per share (EPS) are calculated as follows:
 
 
Three Months Ended
 
 
March 30,
2019
 
March 31,
2018
(In thousands, except per share amounts)
 
 
Amounts Attributable to Kadant:
 
 
 
 
Net Income
 
$
10,900

 
$
10,858

 
 
 
 
 
Basic Weighted Average Shares
 
11,133

 
11,042

Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan Shares
 
252

 
300

Diluted Weighted Average Shares
 
11,385

 
11,342

 
 
 
 
 
Basic Earnings per Share
 
$
0.98

 
$
0.98

 
 
 
 
 
Diluted Earnings per Share
 
$
0.96

 
$
0.96



The dilutive effect of the outstanding and unvested restricted stock units (RSUs) of the Company's common stock totaling 44,000 shares in the first three months of 2019 and 30,000 in the first three months of 2018, was not included in the computation of diluted EPS for the respective periods 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.