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Earnings per Share | 9 Months Ended
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Sep. 26, 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 |  | Nine Months Ended
|  | September 26, 2020 |  | September 28, 2019 |  | September 26, 2020 |  | September 28, 2019
(In thousands, except per share amounts) |  |  |  |
Net Income Attributable to Kadant |  | $ | 14,851 |  |  | $ | 16,115 |  |  | $ | 38,989 |  |  | $ | 43,319 |
Basic Weighted Average Shares |  | 11,504 |  |  | 11,267 |  |  | 11,472 |  |  | 11,198 |
Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan Shares |  | 85 |  |  | 202 |  |  | 78 |  |  | 236 |
Diluted Weighted Average Shares |  | 11,589 |  |  | 11,469 |  |  | 11,550 |  |  | 11,434 |
Basic Earnings per Share |  | $ | 1.29 |  |  | $ | 1.43 |  |  | $ | 3.40 |  |  | $ | 3.87 |
Diluted Earnings per Share |  | $ | 1.28 |  |  | $ | 1.41 |  |  | $ | 3.38 |  |  | $ | 3.79 |
The effect of outstanding and unvested restricted stock units (RSUs) of the Company's common stock totaling 11,000 shares in the third quarter of 2020, 8,000 shares in the third quarter of 2019, 30,000 shares in the first nine months of 2020, and 32,000 shares in the first nine 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.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3630-109257 + Details
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