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Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (Unaudited) | Quarterly Financial Information (Unaudited)
| 2016
| Quarters |  | Year
(In thousands, except earnings per share) | 1st(1) |  | 2nd(1) |  | 3rd |  | 4th |
Continuing Operations: |  |  |  |  |  |  |  |  |
Net sales | $ | 279,268 |  |  | $ | 295,998 |  |  | $ | 278,233 |  |  | $ | 296,031 |  |  | $ | 1,149,530 |
Gross profit | 120,705 |  |  | 135,855 |  |  | 128,762 |  |  | 138,321 |  |  | 523,643 |
Net income attributable to MSA Safety Incorporated | 12,683 |  |  | 29,306 |  |  | 25,486 |  |  | 25,216 |  |  | 92,691 |
Earnings per share(2) |  |  |  |  |  |  |  |  |
Basic | 0.34 |  |  | 0.78 |  |  | 0.68 |  |  | 0.67 |  |  | 2.47 |
Diluted | 0.34 |  |  | 0.77 |  |  | 0.67 |  |  | 0.66 |  |  | 2.44 |
Discontinued Operations: |  |  |  |  |  |  |  |  |
Net sales | 5,261 |  |  | — |  |  | — |  |  | — |  |  | 5,261 |
Gross profit | 442 |  |  | — |  |  | — |  |  | — |  |  | 442 |
Net (loss) income attributable to MSA Safety Incorporated | (932 | ) |  | 1,777 |  |  | (1,300 | ) |  | (300 | ) |  | (755 | )
(Loss) earnings per share(2) |  |  |  |  |  |  |  |  |
Basic | (0.03 | ) |  | 0.05 |  |  | (0.04 | ) |  | (0.01 | ) |  | (0.02 | )
Diluted | (0.03 | ) |  | 0.05 |  |  | (0.04 | ) |  | (0.01 | ) |  | (0.02 | )
| 2015
| Quarters |  | Year
(In thousands, except earnings per share) | 1st |  | 2nd |  | 3rd |  | 4th |
Continuing Operations: |  |  |  |  |  |  |  |  |
Net sales | $ | 256,708 |  |  | $ | 287,011 |  |  | $ | 273,746 |  |  | $ | 313,318 |  |  | $ | 1,130,783 |
Gross profit | 116,823 |  |  | 130,489 |  |  | 119,781 |  |  | 134,010 |  |  | 501,103 |
Net income attributable to MSA Safety Incorporated | 9,316 |  |  | 23,722 |  |  | 15,712 |  |  | 20,840 |  |  | 69,590 |
Earnings per share(2) |  |  |  |  |  |  |  |  |
Basic | 0.25 |  |  | 0.63 |  |  | 0.42 |  |  | 0.56 |  |  | 1.86 |
Diluted | 0.25 |  |  | 0.62 |  |  | 0.41 |  |  | 0.55 |  |  | 1.84 |
Discontinued Operations: |  |  |  |  |  |  |  |  |
Net sales | 11,157 |  |  | 11,384 |  |  | 11,648 |  |  | 8,854 |  |  | 43,043 |
Gross profit | 2,167 |  |  | 2,326 |  |  | 2,170 |  |  | 1,616 |  |  | 8,279 |
Net income attributable to MSA Safety Incorporated | 366 |  |  | 576 |  |  | 264 |  |  | 11 |  |  | 1,217 |
Earnings per share(2) |  |  |  |  |  |  |  |  |
Basic | 0.01 |  |  | 0.02 |  |  | 0.01 |  |  | — |  |  | 0.03 |
Diluted | 0.01 |  |  | 0.01 |  |  | 0.01 |  |  | — |  |  | 0.03 |
(1) During the second quarter of 2016, the Company corrected its gain calculation on the disposition of the South African personal protective equipment distribution business and its Zambian operations. This resulted in a gain of approximately $2.5 million being recorded during the second quarter in discontinued operations that should have been recorded in the first quarter of 2016. The Company evaluated materiality in accordance with SEC Staff Accounting Bulletins Topics 1.M and 1.N and considered relevant qualitative and quantitative factors. The Company concluded that this modification was not material to the first quarter of 2016 or the trend in earnings over the affected periods. The modification had no effect on cash flows or debt covenant compliance. (2) Per share amounts are calculated independently for each period presented; therefore, the sum of the quarterly per share amounts may not equal the per share amounts for the year.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=68076893&loc=d3e1570-108306 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
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