XML 60 R46.htm IDEA: XBRL DOCUMENT v3.24.0.1

STOCK-BASED COMPENSATION PLANS (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Summary of Stock Option Activity

The following table summarizes the Company’s stock option activity and related information for the years ended December 31. There were no stock options granted during the years ended December 31, 2023 or 2022. 

						Options						Weighted Average Exercise Price						Weighted Average Remaining Contractual Life						Aggregate Intrinsic value (in millions)
Outstanding at December 31, 2020						552,669						$	69.82					6.1						$	4
Granted						126,794						$	81.21
Exercised						(113,728)						$	50.38
Canceled						(33,820)						$	73.53
Outstanding at December 31, 2021						531,915						$	75.40					6.5						$	9
Exercised						(116,590)						$	68.57
Canceled						(15,387)						$	77.10
Outstanding at December 31, 2022						399,938						$	77.32					5.9						$	11
Exercised						(87,035)						$	74.49
Canceled						(3,078)						$	79.04
Outstanding at December 31, 2023						309,825						$	78.41					5.3						$	15
Exercisable at December 31, 2023						275,198						$	78.06					5.3						$	13

Summary of Stock Options Outstanding

Options outstanding at December 31, 2023 were as follows:

 

Range of Exercise Prices						Number of Options Outstanding						Weighted Average Exercise Price of Options Outstanding						Weighted Average Remaining Contractual Life						Number of Options Currently Exercisable						Weighted Average Exercise Price of Options Currently Exercisable
50.00 - 65.00						27,595						$	61.51					2.9						27,595						$	61.51
65.00 - 80.00						131,568						$	75.03					5.6						131,568						$	75.03
Over 80.00						150,662						$	84.46					5.5						116,035						$	85.43
						309,825						$	78.41					5.3						275,198						$	78.06

Summary of Restricted Stock Activity and Incentive Stock Awards Activity

The following table summarizes the restricted stock and incentive stock units activity and related information for the years ended December 31:

						Restricted Stock and Units						Incentive Stock Awards						Weighted Average Grant Date Fair Value
Outstanding at December 31, 2020						656,006						270,645						$	73.80
Granted						235,902						241,467						$	81.64
Vested						(350,955)						(37,672)						$	71.82
Adjustment for incentive stock awards expected to vest						—						180,767						$	76.26
Canceled						(33,255)						(48,106)						$	76.24
Outstanding at December 31, 2021						507,698						607,101						$	78.06
Granted						460,841						176,657						$	91.19
Vested						(234,597)						(43,039)						$	75.14
Adjustment for incentive stock awards expected to vest						—						45,301						$	84.55
Canceled						(44,522)						(41,176)						$	76.84
Outstanding at December 31, 2022						689,420						744,844						$	84.73
Granted						368,209						192,751						$	104.70
Vested						(262,339)						(265,678)						$	81.00
Adjustment for incentive stock awards expected to vest						—						31,011						$	88.02
Canceled						(34,721)						(10,196)						$	93.44
Outstanding at December 31, 2023						760,569						692,732						$	93.65

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationSharesAuthorizedUnderStockOptionPlansByExercisePriceRangeTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of restricted stock activity and incentive stock awards activity.

+ References

No definition available.

+ Details

Name:	wab_ScheduleOfRestrictedStockActivityAndIncentiveStockAwardsActivityTableTableTextBlock
Namespace Prefix:	wab_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration