XML 107 R92.htm IDEA: XBRL DOCUMENT v3.20.4
EARNINGS PER SHARE - Computation of Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Numerator      
Net income attributable to Wabtec shareholders $ 414.4 $ 326.7 $ 294.9
Less: dividends declared - common shares and non-vested restricted stock (92.5) (80.3) (46.3)
Undistributed earnings $ 321.9 $ 246.4 $ 248.6
Percentage allocated to common shareholders (as a percent) 99.70% 99.70% 99.70%
Undistributed earnings allocated to common shareholders $ 320.9 $ 245.7 $ 247.9
Add: dividends declared - common shares 92.3 80.0 46.3
Dividends declared - preferred shares 0.0 (0.4) 0.0
Numerator for basic earnings per common share 413.2 325.3 294.2
Numerator for diluted earnings per common share $ 413.2 $ 325.3 $ 294.2
Denominator      
Basic weighted average shares outstanding (in shares) 189.9 170.5 96.0
Assumed conversion of preferred shares (in shares) 0.0 6.4 0.0
Assumed conversion of dilutive stock-based compensation plans (in shares) 0.5 0.4 0.5
Denominator for diluted earnings per common shares - adjusted weighted average shares and assumed conversion (in shares) 190.4 177.3 96.5
Net income per common share attributable to Wabtec shareholders      
Basic (in dollars per share) $ 2.18 $ 1.91 $ 3.06
Diluted (in dollars per share) $ 2.17 $ 1.84 $ 3.05
Basic weighted average common shares outstanding and non rested restricted stock expected to vest (in shares) 190.4 171.0 96.3