Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (Unaudited)



	2016
	Quarters											Year
(In thousands, except earnings per share)	1st⁽¹⁾			2nd⁽¹⁾		3rd			4th
Continuing Operations:
Net sales	$	279,268		$	295,998	$	278,233		$	296,031		$	1,149,530
Gross profit	120,705			135,855		128,762			138,321			523,643
Net income attributable to MSA Safety Incorporated	12,683			29,306		25,486			25,216			92,691

Earnings per share⁽²⁾
Basic	0.34			0.78		0.68			0.67			2.47
Diluted	0.34			0.77		0.67			0.66			2.44

Discontinued Operations:
Net sales	5,261			—		—			—			5,261
Gross profit	442			—		—			—			442
Net (loss) income attributable to MSA Safety Incorporated	(932		)	1,777		(1,300		)	(300		)	(755		)

(Loss) earnings per share⁽²⁾
Basic	(0.03		)	0.05		(0.04		)	(0.01		)	(0.02		)
Diluted	(0.03		)	0.05		(0.04		)	(0.01		)	(0.02		)



	2015
	Quarters								Year
(In thousands, except earnings per share)	1st		2nd		3rd		4th
Continuing Operations:
Net sales	$	256,708	$	287,011	$	273,746	$	313,318	$	1,130,783
Gross profit	116,823		130,489		119,781		134,010		501,103
Net income attributable to MSA Safety Incorporated	9,316		23,722		15,712		20,840		69,590

Earnings per share⁽²⁾
Basic	0.25		0.63		0.42		0.56		1.86
Diluted	0.25		0.62		0.41		0.55		1.84

Discontinued Operations:
Net sales	11,157		11,384		11,648		8,854		43,043
Gross profit	2,167		2,326		2,170		1,616		8,279
Net income attributable to MSA Safety Incorporated	366		576		264		11		1,217

Earnings per share⁽²⁾
Basic	0.01		0.02		0.01		—		0.03
Diluted	0.01		0.01		0.01		—		0.03

⁽¹⁾ During the second quarter of 2016, the Company corrected its gain calculation on the disposition of the South African personal protective equipment distribution business and its Zambian operations. This resulted in a gain of approximately $2.5 million being recorded during the second quarter in discontinued operations that should have been recorded in the first quarter of 2016. The Company evaluated materiality in accordance with SEC Staff Accounting Bulletins Topics 1.M and 1.N and considered relevant qualitative and quantitative factors. The Company concluded that this modification was not material to the first quarter of 2016 or the trend in earnings over the affected periods. The modification had no effect on cash flows or debt covenant compliance.

⁽²⁾ Per share amounts are calculated independently for each period presented; therefore, the sum of the quarterly per share amounts may not equal the per share amounts for the year.