Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

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 millions, except per share data	2020			2019
Numerator
Numerator for basic and diluted earnings per common share - net income attributable to Wabtec shareholders	$	111.6		$	(4.5)
Less: dividends declared - common shares    and non-vested restricted stock	(23.0)			(11.7)
Undistributed earnings	88.6			(16.2)
Percentage allocated to common shareholders (1)	99.7		%	99.7		%
	88.3			(16.2)
Add: dividends declared - common shares	22.9			11.6
Numerator for diluted earnings per    common share	111.2			(4.6)
Denominator
Denominator for basic earnings per common    share - weighted average shares	190.8			121.2
Effect of dilutive securities:
Assumed conversion of dilutive stock-based    compensation plans	0.6			—
Denominator for diluted earnings per common share adjusted weighted average shares and assumed conversion	191.4			121.2
Net income attributable to Wabtec shareholders per common share
Basic	$	0.58		$	(0.04)
Diluted	$	0.58		$	(0.04)

(1) Basic weighted-average common shares outstanding	190.8		121.2
Basic weighted-average common shares outstanding and    non-vested restricted stock expected to vest	191.4		121.6
Percentage allocated to common shareholders	99.7	%	99.7	%