Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2017

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share

The computation of basic and diluted earnings per share for net income attributable to Wabtec shareholders is as follows:

	Three Months Ended March 31,
In thousands, except per share data	2017			2016
Numerator
Numerator for basic and diluted earnings per common    share - net income attributable
to Wabtec shareholders	$	73,889		$	94,163
Less: dividends declared - common shares    and non-vested restricted stock	(9,572		)	(7,355		)
Undistributed earnings	64,317			86,808
Percentage allocated to common shareholders (1)	99.7		%	99.7		%
	64,124			86,548
Add: dividends declared - common shares	9,542			7,332
Numerator for basic and diluted earnings per    common share	$	73,666		$	93,880
Denominator
Denominator for basic earnings per common    share - weighted average shares	95,243			91,258
Effect of dilutive securities:
Assumed conversion of dilutive stock-based    compensation plans	748			891
Denominator for diluted earnings per common share -
adjusted weighted average shares and assumed conversion	95,991			92,149
Net income attributable to Wabtec       shareholders per common share
Basic	$	0.77		$	1.03
Diluted	$	0.77		$	1.02

(1) Basic weighted-average common shares outstanding	95,243		91,258
Basic weighted-average common shares outstanding and    non-vested restricted stock expected to vest	95,544		91,543
Percentage allocated to common shareholders	99.7	%	99.7	%