XML 23 R13.htm IDEA: XBRL DOCUMENT
v3.24.3

Earnings per Share | 9 Months Ended
--- | ---
Sep. 28, 2024
Earnings Per Share [Abstract] |
Earnings per Share | Earnings per Share Basic and diluted earnings per share (EPS) were calculated as follows:
|  | Three Months Ended |  | Nine Months Ended
(In thousands, except per share amounts) |  | September 28, 2024 |  | September 30, 2023 |  | September 28, 2024 |  | September 30, 2023
Net Income Attributable to Kadant |  | $ | 31,586 |  |  | $ | 30,864 |  |  | $ | 87,566 |  |  | $ | 88,673 |
Basic Weighted Average Shares |  | 11,745 |  |  | 11,706 |  |  | 11,737 |  |  | 11,697 |
Effect of Restricted Stock Units and Employee Stock Purchase Plan Shares |  | 35 |  |  | 34 |  |  | 26 |  |  | 22 |
Diluted Weighted Average Shares |  | 11,780 |  |  | 11,740 |  |  | 11,763 |  |  | 11,719 |
Basic Earnings per Share |  | $ | 2.69 |  |  | $ | 2.64 |  |  | $ | 7.46 |  |  | $ | 7.58 |
Diluted Earnings per Share |  | $ | 2.68 |  |  | $ | 2.63 |  |  | $ | 7.44 |  |  | $ | 7.57 |
The effect of outstanding and unvested restricted stock units (RSUs) of the Company’s common stock totaling 5,000 shares in the third quarter of 2024, 5,000 shares in the third quarter of 2023, 21,000 in the first nine months of 2024 and 23,000 in the first nine months of 2023 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 respective reporting periods.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration