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Earnings per Share
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
Basic earnings per share attributable to MSA Safety Incorporated common shareholders is computed by dividing net income, after the deduction of preferred stock dividends and undistributed earnings allocated to participating securities, by the weighted average number of common shares outstanding during the period. Diluted earnings per share attributable to MSA Safety Incorporated common shareholders assumes the issuance of common stock for all potentially dilutive share equivalents outstanding not classified as participating securities. Participating securities are defined as unvested stock-based payment awards that contain nonforfeitable rights to dividends.
Amounts attributable to MSA Safety Incorporated common shareholders:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands, except per share amounts)
 
2016
 
2015
 
2016
 
2015
Net income attributable to continuing operations
 
$
25,486

 
$
15,712

 
$
67,475

 
$
48,750

Preferred stock dividends
 
(11
)
 
(10
)
 
(29
)
 
(30
)
Income from continuing operations available to common equity
 
25,475

 
15,702

 
67,446

 
48,720

Dividends and undistributed earnings allocated to participating securities
 
(38
)
 
(45
)
 
(105
)
 
(141
)
Income from continuing operations available to common shareholders
 
25,437

 
15,657

 
67,341

 
48,579

 
 
 
 
 
 
 
 
 
Net (loss) income attributable to discontinued operations
 
$
(1,300
)
 
$
264

 
$
(455
)
 
$
1,206

Preferred stock dividends
 
1

 
—

 
(1
)
 
—

(Loss) income from discontinued operations available to common equity
 
(1,299
)
 
264

 
(456
)
 
1,206

Dividends and undistributed earnings allocated to participating securities
 
2

 
(1
)
 
1

 
(3
)
(Loss) income from discontinued operations available to common shareholders
 
(1,297
)
 
263

 
(455
)
 
1,203

 
 
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
 
37,487

 
37,252

 
37,407

 
37,301

Stock options and other stock compensation
 
625

 
457

 
501

 
475

Diluted weighted-average shares outstanding
 
38,112

 
37,709

 
37,908

 
37,776

Antidilutive stock options
 
—

 
467

 
—

 
467

 
 
 
 
 
 
 
 
 
Earnings per share attributable to continuing operations:
 
 
 
 
 
 
 
 
Basic
 
$
0.68

 
$
0.42

 
$
1.80

 
$
1.30

Diluted
 
$
0.67

 
$
0.41

 
$
1.77

 
$
1.29

 
 
 
 
 
 
 
 
 
(Loss) earnings per share attributable to discontinued operations:
 
 
 
 
 
 
 
 
Basic
 
$
(0.04
)
 
$
0.01

 
$
(0.01
)
 
$
0.03

Diluted
 
$
(0.04
)
 
$
0.01

 
$
(0.01
)
 
$
0.03