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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 341,289 $ 314,438 $ 649,717 $ 655,583
Cost of products sold 188,374 172,841 362,063 356,627
Gross profit 152,915 141,597 287,654 298,956
Selling, general and administrative 83,426 69,034 158,889 149,271
Research and development 13,970 13,760 27,204 27,872
Restructuring charges (Note 3) 7,078 8,865 8,385 10,872
Currency exchange losses (gains), net (Note 5) 1,640 793 (459) 1,063
Product liability expense (Note 17) 11,751 851 14,547 2,802
Operating income 35,050 48,294 79,088 107,076
Interest expense 2,172 2,459 4,082 5,602
Other income, net (2,293) (2,000) (6,506) (3,258)
Total other (income) expense, net (121) 459 (2,424) 2,344
Income before income taxes 35,171 47,835 81,512 104,732
Provision for income taxes (Note 9) 9,784 11,429 19,525 24,523
Net income 25,387 36,406 61,987 80,209
Net income attributable to noncontrolling interests (262) (340) (448) (468)
Net income attributable to MSA Safety Incorporated $ 25,125 $ 36,066 $ 61,539 $ 79,741
Earnings per share attributable to MSA Safety Incorporated common shareholders (Note 8):        
Basic (in dollars per share) $ 0.64 $ 0.93 $ 1.57 $ 2.05
Diluted (in dollars per share) 0.64 0.92 1.56 2.03
Dividends per common share (in dollars per share) $ 0.44 $ 0.43 $ 0.87 $ 0.85