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Earnings per Share
 3 Months Ended
Mar. 31, 2017
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 March 31,
(In thousands, except per share amounts)
 
2017
 
2016
Net income from continuing operations
 
$
14,413

 
$
12,683

Preferred stock dividends
 
(10
)
 
(10
)
Income from continuing operations available to common equity
 
14,403

 
12,673

Dividends and undistributed earnings allocated to participating securities
 
(17
)
 
(20
)
Income from continuing operations available to common shareholders
 
14,386

 
12,653

 
 
 
 
 
Net (loss) income from discontinued operations
 
$
—

 
$
(932
)
Preferred stock dividends
 
—

 
—

(Loss) income from discontinued operations available to common equity
 
—

 
(932
)
Dividends and undistributed earnings allocated to participating securities
 
—

 
1

(Loss) income from discontinued operations available to common shareholders
 
—

 
(931
)
 
 
 
 
 
Basic weighted-average shares outstanding
 
37,766

 
37,330

Stock options and other stock compensation
 
827

 
429

Diluted weighted-average shares outstanding
 
38,593

 
37,759

Antidilutive stock options
 
—

 
893

 
 
 
 
 
Earnings per share attributable to continuing operations:
 
 
 
 
Basic
 
$
0.38

 
$
0.34

Diluted
 
$
0.37

 
$
0.34

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

 
$
(0.03
)
Diluted
 
$
—

 
$
(0.03
)