KADANT INC Earnings Per Share Disclosure
| (In thousands, except per share amounts) | January 3, 2026 | December 28, 2024 | December 30, 2023 | |||||||||||||||||
| Net Income Attributable to Kadant | $ | 101,969 | $ | 111,598 | $ | 116,069 | ||||||||||||||
| Basic Weighted Average Shares | 11,773 | 11,739 | 11,700 | |||||||||||||||||
| Effect of Restricted Stock Units and Employee Stock Purchase Plan Shares | 21 | 32 | 29 | |||||||||||||||||
| Diluted Weighted Average Shares | 11,794 | 11,771 | 11,729 | |||||||||||||||||
| Basic Earnings per Share | $ | 8.66 | $ | 9.51 | $ | 9.92 | ||||||||||||||
| Diluted Earnings per Share | $ | 8.65 | $ | 9.48 | $ | 9.90 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Mar 3, 2026 | Showing above |
| 2024 | Feb 25, 2025 | |
| 2023 | Feb 27, 2024 | |
| 2022 | Mar 1, 2022 | |
| 2021 | Mar 2, 2021 | |
| 2019 | Feb 25, 2020 | |
| 2018 | Feb 26, 2019 | |
| 2017 | Feb 27, 2018 | |
| 2016 | Mar 15, 2017 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.