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Earnings per Share
 6 Months Ended
Jun. 29, 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
 
Six Months Ended
 
 
June 29,
2019
 
June 30,
2018
 
June 29,
2019
 
June 30,
2018
(In thousands, except per share amounts)
 
 
 
 
Amounts Attributable to Kadant:
 
 
 
 
 
 
 
 
Net Income
 
$
16,304

 
$
12,349

 
$
27,204

 
$
23,207

 
 
 
 
 
 
 
 
 
Basic Weighted Average Shares
 
11,194

 
11,092

 
11,164

 
11,067

Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan Shares
 
254

 
308

 
252

 
304

Diluted Weighted Average Shares
 
11,448

 
11,400

 
11,416

 
11,371

 
 
 
 
 
 
 
 
 
Basic Earnings per Share
 
$
1.46

 
$
1.11

 
$
2.44

 
$
2.10

 
 
 
 
 
 
 
 
 
Diluted Earnings per Share
 
$
1.42

 
$
1.08

 
$
2.38

 
$
2.04



The dilutive effect of the outstanding and unvested restricted stock units (RSUs) of the Company's common stock totaling 44,000 shares in the second quarter of 2019, 34,000 in the second quarter of 2018, 44,000 in the first six months of 2019 and 32,000 in the first six 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.