SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2015

Disclosure Selected Quarterly Financial Data [Abstract]

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

	First		Second		Third		Fourth
In thousands, except per share data	Quarter		Quarter		Quarter		Quarter
2015
Net sales	$	818,594	$	847,028	$	809,527	$	832,849
Gross profit	255,355		267,764		257,069		267,628
Income from operations	148,420		155,860		152,078		151,209
Net income attributable to Wabtec shareholders	96,164		101,504		99,181		101,779
Basic earnings from operations per common share (1)	$	1.00	$	1.05	$	1.03	$	1.06
Diluted earnings from operations per common share (1)	$	0.99	$	1.04	$	1.02	$	1.05
2014
Net sales	$	695,249	$	731,068	$	797,271	$	820,866
Gross profit	209,569		224,658		247,458		254,297
Income from operations	121,846		132,323		135,977		136,963
Net income attributable to Wabtec shareholders	80,134		88,705		90,155		92,686
Basic earnings from operations per common share (1)	$	0.84	$	0.92	$	0.94	$	0.96
Diluted earnings from operations per common share (1)	$	0.83	$	0.91	$	0.93	$	0.95

The Company operates on a four-four-five week accounting quarter, and the quarters end on or about March 31, June 30 and September 30. The fiscal year ends on December 31.

(1) Information above for basic earnings from operations per common share and diluted earnings from operations per common share for all periods presented reflects the two-for-one split of the Company’s common stock, which occurred on May 14, 2013.