XML 47 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statement of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Net sales $ 275,159 $ 264,884 $ 822,697 $ 820,629
Other income, net 585 638 986 1,015
Revenues, Total 275,744 265,522 823,683 821,644
Costs and expenses        
Cost of products sold 151,436 149,458 447,489 453,835
Selling, general and administrative 77,301 71,390 245,377 232,097
Research and development 13,420 12,298 36,604 34,280
Restructuring and other charges (Note 4) 3,640 1,515 6,397 3,942
Interest expense 2,493 2,741 7,617 8,151
Currency exchange losses, net 315 1,836 358 4,148
Costs and Expenses, Total 248,605 239,238 743,842 736,453
Income from continuing operations before income taxes 27,139 26,284 79,841 85,191
Provision for income taxes (Note 10) 8,699 7,750 26,056 24,675
Income from continuing operations 18,440 18,534 53,785 60,516
Income from discontinued operations (Note 18) 765 643 1,832 2,447
Net income 19,205 19,177 55,617 62,963
Net loss (income) attributable to noncontrolling interests 100 324 202 (127)
Net income attributable to MSA Safety Incorporated 19,305 19,501 55,819 62,836
Amounts attributable to MSA Safety Incorporated common shareholders:        
Income from continuing operations 18,674 18,987 54,328 60,929
Income from discontinued operations (Note 18) 631 514 1,491 1,907
Net income attributable to MSA Safety Incorporated $ 19,305 $ 19,501 $ 55,819 $ 62,836
Basic        
Income from continuing operations, basic (dollars per share) $ 0.50 $ 0.51 $ 1.45 $ 1.64
Income from discontinued operations, basic (dollars per share) $ 0.02 $ 0.01 $ 0.04 $ 0.05
Net Income, basic (dollars per share) $ 0.52 $ 0.52 $ 1.49 $ 1.69
Diluted        
Income from continuing operations, diluted (dollars per share) $ 0.49 $ 0.51 $ 1.43 $ 1.61
Income from discontinued operations, diluted (dollars per share) $ 0.02 $ 0.01 $ 0.04 $ 0.05
Net Income, diluted (dollars per share) $ 0.51 $ 0.52 $ 1.47 $ 1.66
Dividends per common share (dollars per share) $ 0.31 $ 0.30 $ 0.92 $ 0.88