Earnings per Share

3 Months Ended

Apr. 04, 2026

Basic and diluted earnings per share (EPS) were calculated as follows:


	Three Months Ended
(In thousands, except per share amounts)	April 4, 2026		March 29, 2025
Net Income Attributable to Kadant	$	25,509	$	24,063

Basic Weighted Average Shares	11,794		11,760
Effect of Restricted Stock Units and Employee Stock Purchase Plan Shares	8		16
Diluted Weighted Average Shares	11,802		11,776

Basic Earnings per Share	$	2.16	$	2.05

Diluted Earnings per Share	$	2.16	$	2.04

The effect of outstanding and unvested restricted stock units (RSUs) of the Company’s common stock totaling 46,000 shares in the first quarter of 2026 and 26,000 shares in the first quarter of 2025 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.