Earnings per Share

12 Months Ended

Dec. 30, 2023

Earnings Per Share [Abstract]

Earnings per Share

Earnings per Share

Basic and diluted EPS were calculated as follows:

(In thousands, except per share amounts)	December 30, 2023		December 31, 2022		January 1, 2022
Net Income Attributable to Kadant	$	116,069	$	120,928	$	84,043
Basic Weighted Average Shares	11,700		11,654		11,579
Effect of Stock Options, Restricted Stock Units and Employee Stock Purchase Plan Shares	29		34		76
Diluted Weighted Average Shares	11,729		11,688		11,655
Basic Earnings per Share	$	9.92	$	10.38	$	7.26
Diluted Earnings per Share	$	9.90	$	10.35	$	7.21

The effect of outstanding and unvested RSUs of the Company's common stock totaling 17,100 shares in 2023, 7,500 shares in 2022, and 14,200 shares in 2021 was 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.