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Earnings per Share
 6 Months Ended
Jun. 27, 2020
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 27,
2020
 
June 29,
2019
 
June 27,
2020
 
June 29,
2019
(In thousands, except per share amounts)
 
 
 
 
 
 
 
 
 
 
 
 
 
Net Income Attributable to Kadant
 
$
11,607

 
$
16,304

 
$
24,138

 
$
27,204

 
 
 
 
 
 
 
 
 
Basic Weighted Average Shares
 
11,482

 
11,194

 
11,457

 
11,164

Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan Shares
 
70

 
254

 
73

 
252

Diluted Weighted Average Shares
 
11,552

 
11,448

 
11,530

 
11,416

 
 
 
 
 
 
 
 
 
Basic Earnings per Share
 
$
1.01

 
$
1.46

 
$
2.11

 
$
2.44

 
 
 
 
 
 
 
 
 
Diluted Earnings per Share
 
$
1.00

 
$
1.42

 
$
2.09

 
$
2.38



The effect of outstanding and unvested restricted stock units (RSUs) of the Company's common stock totaling 36,000 shares in the second quarter of 2020, 44,000 shares in the second quarter of 2019, 39,000 shares in the first six months of 2020, and 44,000 in the first six months of 2019 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.