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Condensed Consolidated Statement of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 314,438 $ 349,675 $ 655,583 $ 675,713
Cost of products sold 172,841 188,591 356,627 364,647
Gross profit 141,597 161,084 298,956 311,066
Selling, general and administrative 69,034 84,009 149,271 162,437
Research and development 13,760 14,256 27,872 27,962
Restructuring charges (Note 4) 8,865 3,522 10,872 9,353
Currency exchange losses, net (Note 6) 793 1,290 1,063 18,251
Product liability expense (Note 17) 851 3,529 2,802 6,425
Operating income 48,294 54,478 107,076 86,638
Interest expense 2,459 4,470 5,602 6,830
Other income, net (2,000) (3,342) (3,258) (5,921)
Total other expense, net 459 1,128 2,344 909
Income before income taxes 47,835 53,350 104,732 85,729
Provision for income taxes (Note 10) 11,429 13,238 24,523 22,241
Net income 36,406 40,112 80,209 63,488
Net income attributable to noncontrolling interests (340) (306) (468) (450)
Net income attributable to MSA Safety Incorporated $ 36,066 $ 39,806 $ 79,741 $ 63,038
Earnings per share attributable to MSA Safety Incorporated common shareholders (Note 9):        
Basic (in dollars per share) $ 0.93 $ 1.03 $ 2.05 $ 1.63
Diluted (in dollars per share) 0.92 1.01 2.03 1.61
Dividends per common share (in dollars per share) $ 0.43 $ 0.42 $ 0.85 $ 0.80