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Condensed Consolidated Statement of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 351,014 $ 331,096 $ 1,026,726 $ 996,320
Cost of products sold 192,313 182,794 556,959 546,844
Gross profit 158,701 148,302 469,767 449,476
Selling, general and administrative 82,900 78,013 245,337 240,226
Research and development 13,520 13,296 41,482 39,752
Restructuring charges (Note 4) 1,850 2,615 11,203 10,223
Currency exchange (gains) losses, net (Note 6) (913) (252) 17,338 2,571
Product liability expense (Note 18) 1,730 14,627 8,155 25,469
Operating income 59,614 40,003 146,252 131,235
Interest expense 4,259 4,492 11,089 14,454
Loss on extinguishment of debt (Note 12) 0 1,494 0 1,494
Other income, net (2,929) (4,252) (8,850) (8,292)
Total other expense, net 1,330 1,734 2,239 7,656
Income before income taxes 58,284 38,269 144,013 123,579
Provision for income taxes (Note 10) 15,673 4,206 37,913 23,606
Net income 42,611 34,063 106,100 99,973
Net income attributable to noncontrolling interests (372) (346) (822) (706)
Net income attributable to MSA Safety Incorporated $ 42,239 $ 33,717 $ 105,278 $ 99,267
Earnings per share attributable to MSA Safety Incorporated common shareholders:        
Basic (in dollars per share) $ 1.09 $ 0.88 $ 2.72 $ 2.59
Diluted (in dollars per share) 1.08 0.86 2.69 2.55
Dividends per common share (in dollars per share) $ 0.42 $ 0.38 $ 1.22 $ 1.11