XML 16 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Statement of Income - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Revenues $ 1,358,104,000 $ 1,196,809,000 $ 1,149,530,000
Cost of Goods and Services Sold 746,241,000 657,918,000 627,283,000
Gross profit 611,863,000 538,891,000 522,247,000
Selling, general and administrative      
Selling, general and administrative 324,784,000 300,062,000 308,238,000
Research and development 52,696,000 50,061,000 46,847,000
Restructuring charges (Note 2) 13,247,000 17,632,000 5,694,000
Currency exchange losses, net 2,330,000 5,127,000 766,000
Other operating expense (Note 19) 45,327,000 126,432,000 0
Operating income 173,479,000 39,577,000 160,702,000
Interest expense 18,881,000 15,360,000 16,411,000
Loss on extinguishment of debt 1,494,000 0 0
Other income, net (Note 15) (9,231,000) (5,558,000) (7,620,000)
Total other expense, net 11,144,000 9,802,000 8,791,000
Income from continuing operations before income taxes 162,335,000 29,775,000 151,911,000
Provision for income taxes (Note 9) 37,220,000 2,819,000 57,804,000
Net income (loss), including portion attributable to noncontrolling interest      
Income from continuing operations 125,115,000 26,956,000 94,107,000
Loss from discontinued operations (Note 20) 0 0 (245,000)
Net income 125,115,000 26,956,000 93,862,000
Net income attributable to noncontrolling interests (965,000) (929,000) (1,926,000)
Net income attributable to MSA Safety Incorporated 124,150,000 26,027,000 91,936,000
Amounts attributable to MSA Safety Incorporated common shareholders:      
Net income attributable to MSA Safety Incorporated 124,150,000 26,027,000 92,691,000
Loss from discontinued operations (Note 20) $ 0 $ 0 $ (755,000)
Basic      
Income from continuing operations $ 3.23 $ 0.68 $ 2.47
(Loss) income from discontinued operations (dollars per share) 0.00 0.00 (0.02)
Net income (dollars per share) 3.23 0.68 2.45
Diluted      
Income from continuing operations 3.18 0.67 2.44
(Loss) income from discontinued operations (dollars per share) 0.00 0.00 (0.02)
Net income (dollars per share) $ 3.18 $ 0.67 $ 2.42
Dividends per common share (dollars per share) $ 1.49 $ 1.38 $ 1.31