Earnings per Share (Tables)

6 Months Ended

Jul. 01, 2023

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

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

	Three Months Ended				Six Months Ended
	July 1, 2023		July 2, 2022		July 1, 2023		July 2, 2022
(In thousands, except per share amounts)
Net Income Attributable to Kadant	$	29,734	$	26,170	$	57,809	$	67,362
Basic Weighted Average Shares	11,704		11,660		11,693		11,645
Effect of Restricted Stock Units and Employee Stock Purchase Plan Shares	19		29		16		27
Diluted Weighted Average Shares	11,723		11,689		11,709		11,672
Basic Earnings per Share	$	2.54	$	2.24	$	4.94	$	5.78
Diluted Earnings per Share	$	2.54	$	2.24	$	4.94	$	5.77