Earnings per Share

12 Months Ended

Dec. 31, 2024

Basic earnings per share attributable to MSA Safety Incorporated common shareholders is computed by dividing net income, after the deduction of preferred stock dividends and undistributed earnings allocated to participating securities, by the weighted average number of common shares outstanding during the period. Diluted earnings per share attributable to MSA Safety Incorporated common shareholders assumes the issuance of common stock for all potentially dilutive share equivalents outstanding not classified as participating securities. Participating securities are defined as unvested stock-based compensation awards that contain nonforfeitable rights to dividends.


Amounts attributable to MSA Safety Incorporated common shareholders:
(In thousands, except per share amounts)	2024		2023		2022
Net income	$	284,967	$	58,583	$	179,630
Preferred stock dividends	(41)		(41)		(41)
Net income available to common equity	284,926		58,542		179,589
Dividends and undistributed earnings allocated to participating securities	(24)		(26)		(30)
Net income available to common shareholders	$	284,902	$	58,516	$	179,559







Basic weighted-average shares outstanding	39,371		39,307		39,232
Stock options and other stock-based awards	164		166		175
Diluted weighted-average shares outstanding	39,535		39,473		39,407
Antidilutive stock-based awards	—		—		—

Earnings per share:
Basic	$	7.24	$	1.49	$	4.58
Diluted	$	7.21	$	1.48	$	4.56