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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net sales $ 1,111,680 $ 932,253 $ 2,167,857 $ 1,848,287
Cost of sales (787,713) (658,290) (1,533,009) (1,304,617)
Gross profit 323,967 273,963 634,848 543,670
Selling, general and administrative expenses (171,157) (127,918) (318,358) (250,605)
Engineering expenses (19,388) (23,338) (41,437) (46,802)
Amortization expense (9,899) (9,350) (20,251) (18,394)
Total operating expenses (200,444) (160,606) (380,046) (315,801)
Income from operations 123,523 113,357 254,802 227,869
Other income and expenses        
Interest expense, net (31,920) (17,564) (52,204) (37,422)
Other income (expense), net 2,171 936 4,757 5,747
Income from operations before income taxes 93,774 96,729 207,355 196,194
Income tax expense (10,503) (24,569) (36,627) (52,030)
Net income 83,271 72,160 170,728 144,164
Less: Net loss (gain) attributable to noncontrolling interest 1,145 (135) 2,054 1,750
Net income attributable to Wabtec shareholders $ 84,416 $ 72,025 $ 172,782 $ 145,914
Basic        
Net income attributable to Wabtec shareholders (in dollars per share) $ 0.88 $ 0.75 $ 1.80 $ 1.52
Diluted        
Net income attributable to Wabtec shareholders (in dollars per share) $ 0.87 $ 0.75 $ 1.79 $ 1.52
Weighted average shares outstanding        
Basic (in shares) 95,992 95,641 95,867 95,370
Diluted (in shares) 96,575 96,284 96,471 96,071