Earnings per Share (Tables)

9 Months Ended

Sep. 30, 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				Nine Months Ended
	September 30, 2023		October 1, 2022		September 30, 2023		October 1, 2022
(In thousands, except per share amounts)
Net Income Attributable to Kadant	$	30,864	$	27,487	$	88,673	$	94,849
Basic Weighted Average Shares	11,706		11,662		11,697		11,651
Effect of Restricted Stock Units and Employee Stock Purchase Plan Shares	34		38		22		30
Diluted Weighted Average Shares	11,740		11,700		11,719		11,681
Basic Earnings per Share	$	2.64	$	2.36	$	7.58	$	8.14
Diluted Earnings per Share	$	2.63	$	2.35	$	7.57	$	8.12