XML 25 R12.htm IDEA: XBRL DOCUMENT v3.21.2
Earnings per Share
 9 Months Ended
Oct. 02, 2021
Earnings Per Share [Abstract]  
Earnings per Share Earnings per Share
Basic and diluted earnings per share (EPS) were calculated as follows:
 Three Months EndedNine Months Ended
 October 2,
2021		September 26,
2020		October 2,
2021		September 26,
2020
(In thousands, except per share amounts)
Net Income Attributable to Kadant$20,461 $14,851 $59,886 $38,989 
Basic Weighted Average Shares11,580 11,504 11,571 11,472 
Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan Shares
88 85 73 78 
Diluted Weighted Average Shares11,668 11,589 11,644 11,550 
Basic Earnings per Share$1.77 $1.29 $5.18 $3.40 
Diluted Earnings per Share$1.75 $1.28 $5.14 $3.38 
The effect of outstanding and unvested restricted stock units (RSUs) of the Company's common stock totaling 3,000 shares in the third quarter of 2021, 11,000 shares in the third quarter of 2020, 19,000 shares in the first nine months of 2021, and 30,000 shares in the first nine months of 2020 were 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.