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SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data
 
 
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.