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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Income Statement [Abstract]        
Net sales $ 1,077,814 $ 957,931 $ 3,245,671 $ 2,806,218
Cost of sales (775,802) (704,728) (2,308,811) (2,009,345)
Gross profit 302,012 253,203 936,860 796,873
Selling, general and administrative expenses (146,839) (118,183) (465,197) (368,788)
Engineering expenses (20,132) (24,709) (61,569) (71,511)
Amortization expense (9,862) (8,645) (30,113) (27,039)
Total operating expenses (176,833) (151,537) (556,879) (467,338)
Income from operations 125,179 101,666 379,981 329,535
Other income and expenses        
Interest expense, net (23,713) (20,038) (75,917) (57,460)
Other income (expense), net 1,201 (443) 5,958 5,304
Income from operations before income taxes 102,667 81,185 310,022 277,379
Income tax expense (16,598) (12,746) (53,225) (64,776)
Net income 86,069 68,439 256,797 212,603
Less: Net loss (gain) attributable to noncontrolling interest 1,670 (1,040) 3,724 710
Net income attributable to Wabtec shareholders $ 87,739 $ 67,399 $ 260,521 $ 213,313
Basic        
Net income attributable to Wabtec shareholders (in dollars per share) $ 0.91 $ 0.70 $ 2.71 $ 2.23
Diluted        
Net income attributable to Wabtec shareholders (in dollars per share) $ 0.91 $ 0.70 $ 2.70 $ 2.22
Weighted average shares outstanding        
Basic (in shares) 96,208 95,709 95,935 95,163
Diluted (in shares) 96,637 96,316 96,436 95,808