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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) | 12 Months Ended
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Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) | SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
|  | First |  | Second |  | Third |  | Fourth
In thousands, except per share data |  | Quarter |  | Quarter |  | Quarter |  | Quarter (1)
2018 |  |  |  |  |  |  |  |
Net sales |  | $ | 1,056,177 |  |  | $ | 1,111,680 |  |  | $ | 1,077,814 |  |  | $ | 1,117,876 |
Gross profit |  | 310,881 |  |  | 323,967 |  |  | 302,012 |  |  | 297,025 |
Income from operations |  | 131,279 |  |  | 123,523 |  |  | 125,179 |  |  | 93,456 |
Net income attributable to Wabtec shareholders |  | 88,366 |  |  | 84,416 |  |  | 87,739 |  |  | 34,423 |
Basic earnings from operations per common share |  | $ | 0.92 |  |  | $ | 0.88 |  |  | $ | 0.91 |  |  | $ | 0.36 |
Diluted earnings from operations per common share |  | $ | 0.92 |  |  | $ | 0.87 |  |  | $ | 0.91 |  |  | $ | 0.36 |
2017 |  |  |  |  |  |  |  |
Net sales |  | $ | 916,034 |  |  | $ | 932,253 |  |  | $ | 957,931 |  |  | $ | 1,075,538 |
Gross profit |  | 269,707 |  |  | 273,963 |  |  | 253,203 |  |  | 268,440 |
Income from operations |  | 114,512 |  |  | 113,356 |  |  | 101,666 |  |  | 91,545 |
Net income attributable to Wabtec shareholders |  | 73,889 |  |  | 72,025 |  |  | 67,399 |  |  | 48,948 |
Basic earnings from operations per common share |  | $ | 0.77 |  |  | $ | 0.75 |  |  | $ | 0.70 |  |  | $ | 0.51 |
Diluted earnings from operations per common share |  | $ | 0.77 |  |  | $ | 0.75 |  |  | $ | 0.70 |  |  | $ | 0.51 |
(1) Results from the fourth quarter of 2017 include project adjustments related to prior periods which decreased income from operations by approximately $14.8 million. The effect of these project adjustments was not material. The Company operates on a four-four-five week accounting quarter, and the quarters end on or about March 31, June 30 and September 30. The fiscal year ends on December 31.

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- References No definition available. + Details
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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