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Earnings per Share
 9 Months Ended
Sep. 30, 2019
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)
 
2019
 
2018
 
2019
 
2018
Net income
 
$
42,239

 
$
33,717

 
$
105,278

 
$
99,267

Preferred stock dividends
 
(10
)
 
(10
)
 
(30
)
 
(30
)
Net income available to common equity
 
42,229

 
33,707

 
105,248

 
99,237

Dividends and undistributed earnings allocated to participating securities
 
(88
)
 
(32
)
 
(159
)
 
(94
)
Net income available to common shareholders
 
42,141

 
33,675

 
105,089

 
99,143

 
 
 
 
 
 
 
 
 
Basic weighted-average shares outstanding
 
38,649

 
38,417

 
38,617

 
38,328

Stock options and other stock compensation
 
495

 
619

 
513

 
586

Diluted weighted-average shares outstanding
 
39,144

 
39,036

 
39,130

 
38,914

Antidilutive stock options
 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
Earnings per share:
 
 
 
 
 
 
 
 
Basic
 
$
1.09

 
$
0.88

 
$
2.72

 
$
2.59

Diluted
 
$
1.08

 
$
0.86

 
$
2.69

 
$
2.55