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ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2015
Business Acquisition [Line Items]  
Pro Forma Financial Information
The following unaudited pro forma financial information presents income statement results as if the acquisitions listed above had occurred January 1, 2014:
 
 
 
For the year ended
December 31,
In thousands
 
2015
 
2014
Net sales
 
$
3,340,294

 
$
3,309,365

Gross profit
 
1,061,080

 
1,022,391

Net income attributable to Wabtec shareholders
 
400,692

 
380,076

Diluted earnings per share
 
 

 
 

As Reported
 
$
4.10

 
$
3.62

Pro forma
 
$
4.13

 
$
3.91

RMS, Track IQ, RCL and C2CE  
Business Acquisition [Line Items]  
Summary of Preliminary Estimated Fair Values of the Assets Acquired and Liabilities Assumed at the Date of the Acquisition
For the C2CE acquisition, the following table summarizes the final fair value of assets acquired and liabilities assumed at the date of acquisition.  
 
 
RMS
 
Track IQ
 
RCL
 
C2CE
 
 
October 30,
 
October 8,
 
February 4,
 
September 3,
In thousands
 
2015
 
2015
 
2015
 
2014
Current assets
 
$
3,605

 
$
660

 
$
16,421

 
$
9,812

Property, plant & equipment
 
1,378

 
187

 
11,983

 
1,853

Goodwill
 
7,584

 
6,440

 
14,940

 
15,896

Other intangible assets
 
10,426

 
3,246

 
40,403

 
3,654

Total assets acquired
 
22,993

 
10,533

 
83,747

 
31,215

Total liabilities assumed
 
(4,283
)
 
(1,430
)
 
(5,736
)
 
(5,736
)
Net assets acquired
 
$
18,710

 
$
9,103

 
$
78,011

 
$
25,479

MTC, Dia-Frag and Fandstan  
Business Acquisition [Line Items]  
Summary of Preliminary Estimated Fair Values of the Assets Acquired and Liabilities Assumed at the Date of the Acquisition
For the Dia-Frag and Fandstan acquisitions, the following table summarizes the final fair values of the assets acquired and liabilities assumed at the date of the acquisitions.
 
 
 
MTC
 
Dia-Frag
 
Fandstan
 
 
June 17,
 
August 19,
 
June 6,
In thousands
 
2015
 
2014
 
2014
Current assets
 
$
10,906

 
$
12,158

 
$
124,280

Property, plant & equipment
 
1,510

 
13,749

 
67,948

Goodwill
 
12,141

 
35,850

 
62,476

Other intangible assets
 
7,649

 
26,150

 
50,598

Other assets
 
114

 
66

 
216

Total assets acquired
 
32,320

 
87,973

 
305,518

Total liabilities assumed
 
(8,960
)
 
(17,332
)
 
(106,114
)
Net assets acquired
 
$
23,360

 
$
70,641

 
$
199,404