XML 33 R70.htm IDEA: XBRL DOCUMENT v3.19.3
Earnings Per Share (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Numerator        
Net income attributable to Wabtec shareholders $ 91.1 $ 87.7 $ 191.0 $ 260.6
Less: dividends declared - common shares and non-vested restricted stock (23.0) (11.6) (57.3) (34.8)
Undistributed earnings $ 68.1 $ 76.2 $ 133.7 $ 225.8
Percentage allocated to common shareholders (as a percent) 99.70% 99.70% 99.70% 99.70%
Undistributed earnings allocated to common shareholders $ 67.9 $ 75.9 $ 133.3 $ 225.1
Add: dividends declared - common shares 23.0 11.6 57.2 34.6
Dividends declared - preferred shares 0.0 0.0 (0.4) 0.0
Numerator for basic earnings per common share 90.9 87.5 190.1 259.7
Dividends declared - preferred shares 0.0 0.0 0.4 0.0
Numerator for diluted earnings per common share $ 90.9 $ 87.5 $ 190.5 $ 259.7
Denominator        
Basic weighted average common shares outstanding (in shares) 189.6 96.2 163.2 95.9
Assumed conversion of preferred shares (in shares) 1.5 0.0 8.6 0.0
Assumed conversion of dilutive stock-based compensation plans (in shares) 0.4 0.4 0.4 0.5
Denominator for diluted earnings per common share - adjusted weighted average shares and assumed conversion (in shares) 191.5 96.6 172.2 96.4
Net income attributable to Wabtec shareholders per common share        
Basic (in dollars per share) $ 0.48 $ 0.91 $ 1.17 $ 2.71
Diluted (in dollars per share) $ 0.48 $ 0.91 $ 1.11 $ 2.70
Basic weighted-average common shares outstanding and non-vested restricted stock expected to vest (in shares) 190.1 96.5 163.7 96.2