KADANT INC
For the period ended Mar 29, 2025. Filed May 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 29, 2025 · Filed May 7, 2025
Contents
(Note 2)
- Earnings per Share
Basic and diluted earnings per share (EPS) were calculated as follows:
| Three Months Ended | ||
|---|---|---|
| (In thousands, except per share amounts) | March 29,2025 | March 30,2024 |
| Net Income Attributable to Kadant | $24,063 | $24,689 |
| Basic Weighted Average Shares | 11,760 | 11,724 |
| Effect of Restricted Stock Units and Employee Stock Purchase Plan Shares | 16 | 20 |
| Diluted Weighted Average Shares | 11,776 | 11,744 |
| Basic Earnings per Share | $2.05 | $2.11 |
| Diluted Earnings per Share | $2.04 | $2.10 |
The effect of outstanding and unvested restricted stock units (RSUs) of the Company’s common stock totaling 26,000 shares in the first quarter of 2025 and 33,000 shares in the first quarter of 2024 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.
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