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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2021
Earnings Per Share [Abstract] |
Computation of 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 millions, except per share data | 2021 |  | 2020
Numerator |  |  |
Numerator for basic and diluted earnings per common share - net income attributable to Wabtec shareholders | $ | 112.4 |  |  | $ | 111.6 |
Less: dividends declared - common shares and non-vested restricted stock | (23.0) |  |  | (23.0) |
Undistributed earnings | 89.4 |  |  | 88.6 |
Percentage allocated to common shareholders (1) | 99.8 | % |  | 99.7 | %
| 89.2 |  |  | 88.3 |
Add: dividends declared - common shares | 22.9 |  |  | 22.9 |
Numerator for basic earnings per common share | 112.1 |  |  | 111.2 |
Numerator for diluted earnings per common share | 112.1 |  |  | 111.2 |
Denominator |  |  |
Denominator for basic earnings per common share - weighted average shares | 188.5 |  |  | 190.8 |
Effect of dilutive securities: |  |  |
Assumed conversion of dilutive stock-based compensation plans | 0.4 |  |  | 0.6 |
Denominator for diluted earnings per common share - adjusted weighted average shares and assumed conversion | 188.9 |  |  | 191.4 |
Net income attributable to Wabtec shareholders per common share |  |  |
Basic | $ | 0.59 |  |  | $ | 0.58 |
Diluted | $ | 0.59 |  |  | $ | 0.58 |
(1) Basic weighted-average common shares outstanding | 188.5 |  |  | 190.8 |
Basic weighted-average common shares outstanding and non-vested restricted stock expected to vest | 188.9 |  |  | 191.4 |
Percentage allocated to common shareholders | 99.8 | % |  | 99.7 | %

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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