XML 45 R33.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Earnings Per Share (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2017
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Earnings Per Share | The computation of basic and diluted earnings per share for net income attributable to Wabtec shareholders is as follows:
| Three Months Ended March 31,
In thousands, except per share data | 2017 |  | 2016
Numerator |  |  |
Numerator for basic and diluted earnings per common share - net income attributable |  |  |
to Wabtec shareholders | $ | 73,889 |  |  | $ | 94,163 |
Less: dividends declared - common shares and non-vested restricted stock | (9,572 | ) |  | (7,355 | )
Undistributed earnings | 64,317 |  |  | 86,808 |
Percentage allocated to common shareholders (1) | 99.7 | % |  | 99.7 | %
| 64,124 |  |  | 86,548 |
Add: dividends declared - common shares | 9,542 |  |  | 7,332 |
Numerator for basic and diluted earnings per common share | $ | 73,666 |  |  | $ | 93,880 |
Denominator |  |  |
Denominator for basic earnings per common share - weighted average shares | 95,243 |  |  | 91,258 |
Effect of dilutive securities: |  |  |
Assumed conversion of dilutive stock-based compensation plans | 748 |  |  | 891 |
Denominator for diluted earnings per common share - |  |  |
adjusted weighted average shares and assumed conversion | 95,991 |  |  | 92,149 |
Net income attributable to Wabtec shareholders per common share |  |  |
Basic | $ | 0.77 |  |  | $ | 1.03 |
Diluted | $ | 0.77 |  |  | $ | 1.02 |
(1) Basic weighted-average common shares outstanding | 95,243 |  |  | 91,258 |
Basic weighted-average common shares outstanding and non-vested restricted stock expected to vest | 95,544 |  |  | 91,543 |
Percentage allocated to common shareholders | 99.7 | % |  | 99.7 | %

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration