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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2019
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
2019
 
2018
Numerator
 
 
 
Numerator for basic and diluted earnings per common
   share - net income attributable
 
 
 
to Wabtec shareholders
$
(4,472
)
 
$
88,366

Less: dividends declared - common shares
   and non-vested restricted stock
(11,687
)
 
(11,531
)
Undistributed earnings
(16,159
)
 
76,835

Percentage allocated to common shareholders (1)
99.7
%
 
99.7
%
 
(16,111
)
 
76,604

Add: dividends declared - common shares
11,646

 
11,497

Numerator for basic and diluted earnings per
   common share
$
(4,465
)
 
$
88,101

Denominator
 
 
 
Denominator for basic earnings per common
   share - weighted average shares
121,226

 
95,810

Effect of dilutive securities:
 
 
 
Assumed conversion of dilutive stock-based
   compensation plans

 
561

Denominator for diluted earnings per common share -
 
 
 
adjusted weighted average shares and assumed conversion
121,226

 
96,371

Net income attributable to Wabtec
      shareholders per common share
 
 
 
Basic
$
(0.04
)
 
$
0.92

Diluted
$
(0.04
)
 
$
0.92

(1) Basic weighted-average common shares outstanding
121,226

 
95,810

Basic weighted-average common shares outstanding and
   non-vested restricted stock expected to vest
121,565

 
96,091

Percentage allocated to common shareholders
99.7
%
 
99.7
%