false000006657000000665702024-10-232024-10-23

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
________________
FORM 8-K
________________

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 23, 2024

a8kimage1a09.jpg
MSA SAFETY INCORPORATED
(Exact name of registrant as specified in its charter)
Pennsylvania1-1557946-4914539
(State or other jurisdiction of incorporation or organization)(Commission File Number)(IRS Employer Identification Number)
1000 Cranberry Woods Drive
Cranberry Township,Pennsylvania 16066-5207
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: 724-776-8600

Former name or former address, if changed since last report: N/A
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common stock, no par valueMSANew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 2.02
Results of Operations and Financial Condition
On October 23, 2024, the Company issued a press release announcing its financial results for the quarter ended September 30, 2024. A copy of the press release is furnished herewith as Exhibit 99.1 to this report.

Item 9.01
Financial Statements and Exhibits
    
    (d) Exhibits

99.1    MSA Safety Incorporated Press Release dated October 23, 2024, announcing financial results for the quarter ended September 30, 2024.


SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MSA SAFETY INCORPORATED
(Registrant)
By
/s/ Lee B. McChesney
Lee B. McChesney
Senior Vice President and Chief Financial Officer
October 23, 2024


EXHIBIT INDEX

Exhibit No.     Description



EXHIBIT 99.1     
msa01.jpg
FOR IMMEDIATE RELEASE

FROM: MSA Safety Incorporated
Ticker: MSA (NYSE)
Media Relations Contact: Mark Deasy (412) 559-8154
Investor Relations Contact: Larry De Maria (917) 449-2237


MSA Safety Announces Third Quarter 2024 Results
Strong execution drives resilient margins and EPS growth; Expecting mid-single-digit fourth quarter sales growth, resulting in low-single-digit full-year growth.

PITTSBURGH, October 23, 2024 - Global safety equipment and solutions provider MSA Safety Incorporated (NYSE: MSA) today reported financial results for the third quarter of 2024.

Quarterly Highlights
•Achieved quarterly net sales of $433 million, a 3% year-over-year decrease on a reported and organic constant currency basis.

•Generated GAAP operating income of $91 million, or 21.1% of sales, and adjusted operating income of $98 million, or 22.6% of sales.

•Recorded GAAP net income of $67 million, or $1.69 per diluted share, and adjusted earnings of $72 million, or $1.83 per diluted share.

•Repaid $38 million of debt, returned $20 million to shareholders through dividends, invested $14 million for capital expenditures, and repurchased $10 million of common stock.

"Our team continued to execute well in the third quarter, delivering earnings growth despite a modest sales contraction," said Steve Blanco, MSA Safety President and Chief Executive Officer. “Revenue was impacted by the timing of self-contained breathing apparatus (SCBA) shipments as well as specific customer order delays. That said, we still grew orders by high-single digits in the quarter, and our backlog increased sequentially. We continued to see excellent performance in our detection business, including double-digit sales growth in portables. We remain confident that the overall resilience of our business, the strength of our long-term fundamentals, and our team’s embrace of the MSA Business System will enable us to continue advancing our mission and creating value for our shareholders.”
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Financial Highlights
Financial HighlightsThree Months Ended September 30,
($ millions, except percentages and per share amounts)20242023
% Change(a)
Net Sales$433 $447 (3)%
Operating Income91 94 (3)%
Adjusted Operating Income98 101 (3)%
Net Income67 65 2 %
Diluted EPS1.69 1.65 2 %
Adjusted Earnings72 70 3 %
Adjusted Diluted EPS1.83 1.78 3 %
(a) Percentage change may not calculate exactly due to rounding.

Lee McChesney, MSA Safety Senior Vice President and Chief Financial Officer, commented, “We delivered resilient margin performance and strong cash conversion in the quarter. Our balance sheet remains healthy, with net leverage of 0.9 times. We returned cash to shareholders as part of our disciplined and balanced capital allocation strategy, and we remain well-positioned to invest organically in the business and evaluate M&A opportunities. As we look ahead to the balance of the year, we expect to finish 2024 strong with mid-single-digit sales growth in the fourth quarter, resulting in low-single-digit top-line growth for the full year.”
Conference Call
MSA Safety will host a conference call on Thursday, October 24, 2024, at 10:00 a.m. Eastern time to discuss its third quarter 2024 results and outlook. The call and an accompanying slide presentation will be webcast at http://investors.msasafety.com/ under the “News and Events” tab, subheading “Events & Presentations.” Investors and interested parties can also dial into the call at 1-844-854-4415 (toll-free) or 1-412-902-6599 (international). When prompted, please instruct the operator to be joined into the MSA Safety Incorporated conference call. A replay of the conference call will be available at http://investors.msasafety.com/ shortly after the conclusion of the presentation and will be available for the next 90 days.



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MSA Safety Incorporated
Condensed Consolidated Statements of Operations (Unaudited)
(In thousands, except per share amounts)
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Net sales$432,679 $446,728 $1,308,443 $1,292,290 
Cost of products sold225,223 227,967 682,427 678,335 
Gross profit207,456 218,761 626,016 613,955 
Selling, general and administrative95,103 102,175 294,329 289,602 
Research and development16,707 17,682 49,695 48,906 
Restructuring charges1,184 3,285 5,744 8,382 
Currency exchange losses, net2,985 1,496 4,715 8,781 
Loss on divestiture of MSA LLC— — — 129,211 
Product liability expense — — — 3 
Operating income91,477 94,123 271,533 129,070 
Interest expense9,153 12,498 29,556 37,149 
Other income, net(5,833)(6,037)(16,215)(15,487)
Total other expense, net3,320 6,461 13,341 21,662 
Income before income taxes88,157 87,662 258,192 107,408 
Provision for income taxes21,509 22,406 61,171 125,235 
Net income (loss)$66,648 $65,256 $197,021 $(17,827)
Earnings (loss) per share attributable to common shareholders:
Basic$1.69 $1.66 $5.00 $(0.46)
Diluted$1.69 $1.65 $4.98 $(0.46)
Basic shares outstanding39,362 39,303 39,370 39,267 
Diluted shares outstanding39,495 39,450 39,530 39,267 

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MSA Safety Incorporated
Condensed Consolidated Balance Sheets (Unaudited)
(In thousands)
September 30, 2024December 31, 2023
Assets
Cash and cash equivalents
$154,371 $146,442 
Trade receivables, net
277,346 294,678 
Inventories
351,805 292,604 
Other current assets
59,147 52,546 
    Total current assets
842,669 786,270 
Property, plant and equipment, net216,646 211,877 
Prepaid pension cost183,915 172,161 
Goodwill632,837 627,534 
Intangible assets, net254,364 266,134 
Other noncurrent assets111,496 106,174 
   Total assets
$2,241,927 $2,170,150 
Liabilities and shareholders' equity
Notes payable and current portion of long-term debt, net
$26,915 $26,522 
Accounts payable
128,031 111,872 
Other current liabilities
159,532 194,424 
   Total current liabilities
314,478 332,818 
Long-term debt, net527,807 575,170 
Pensions and other employee benefits144,105 143,967 
Deferred tax liabilities103,175 102,419 
Other noncurrent liabilities57,017 48,974 
Total shareholders' equity1,095,345 966,802 
   Total liabilities and shareholders' equity
$2,241,927 $2,170,150 

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MSA Safety Incorporated
Condensed Consolidated Statements of Cash Flows (Unaudited)
(In thousands)
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Net income (loss)$66,648 $65,256 $197,021 $(17,827)
Depreciation and amortization15,959 15,504 47,563 44,965 
Tax-effected loss on divestiture of MSA LLC— — — 199,578 
Contribution on divestiture of MSA LLC— — — (341,186)
Change in working capital and other operating1,725 44,024 (56,064)48,413 
Cash flow from (used in) operating activities
84,332 124,784 188,520 (66,057)
Capital expenditures(14,254)(12,657)(39,814)(30,979)
Property disposals and other investing16 16 90 2,690 
Cash flow used in investing activities
(14,238)(12,641)(39,724)(28,289)
Change in debt(37,743)(68,250)(51,003)168,648 
Cash dividends paid(20,081)(18,485)(58,670)(54,999)
Company stock purchases under repurchase program(10,027)— (20,027)— 
Other financing(603)653 (6,472)(3,142)
Cash flow (used in) from financing activities
(68,454)(86,082)(136,172)110,507 
Effect of exchange rate changes on cash, cash
equivalents and restricted cash		4,495 (8,501)(6,062)(14,152)
Increase in cash, cash equivalents and restricted cash$6,135 $17,560 $6,562 $2,009 


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MSA Safety Incorporated
Segment Information (Unaudited)
(In thousands, except percentages)
AmericasInternationalCorporateConsolidated
Three Months Ended September 30, 2024
Net sales to external customers$299,497 $133,182 $— $432,679 
Operating income91,477 
Operating margin %21.1 %
Restructuring charges1,184 
Currency exchange losses, net2,985 
Amortization of acquisition-related intangible assets2,269 
Adjusted operating income (loss)91,822 18,174 (12,081)97,915 
Adjusted operating margin %30.7 %13.6 %22.6 %
Depreciation and amortization13,690 
Adjusted EBITDA101,339 22,119 (11,853)111,605 
Adjusted EBITDA margin %33.8 %16.6 %25.8 %
Three Months Ended September 30, 2023
Net sales to external customers$314,273 $132,455 $— $446,728 
Operating income94,123 
Operating margin %21.1 %
Restructuring charges3,285 
Currency exchange losses, net1,496 
Amortization of acquisition-related intangible assets2,315 
Transaction costs (a)
78 
Adjusted operating income (loss)93,918 22,577 (15,198)101,297 
Adjusted operating margin %29.9 %17.0 %22.7 %
Depreciation and amortization13,189 
Adjusted EBITDA103,157 26,289 (14,960)114,486 
Adjusted EBITDA margin %32.8 %19.8 %25.6 %
(a) Transaction costs include advisory, legal, accounting, valuation, and other professional or consulting fees incurred during acquisitions and divestitures. These costs are included in Selling, general and administrative expense in the unaudited Condensed Consolidated Statements of Operations.


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MSA Safety Incorporated
Segment Information (Unaudited)
(In thousands, except percentages)
AmericasInternationalCorporateConsolidated
Nine Months Ended September 30, 2024
Net sales to external customers$909,745 $398,698 $— $1,308,443 
Operating income271,533 
Operating margin %20.8 %
Restructuring charges5,744 
Currency exchange losses, net4,715 
Net cost for product related legal matter5,000 
Amortization of acquisition-related intangible assets6,888 
Transaction costs (a)
234 
Adjusted operating income (loss)276,523 55,944 (38,353)294,114 
Adjusted operating margin %30.4 %14.0 %22.5 %
Depreciation and amortization40,675 
Adjusted EBITDA305,275 67,216 (37,702)334,789 
Adjusted EBITDA margin %33.6 %16.9 %25.6 %
Nine Months Ended September 30, 2023
Net sales to external customers$902,918 $389,372 $— $1,292,290 
Operating income129,070 
Operating margin %10.0 %
Restructuring charges8,382 
Currency exchange losses, net8,781 
Loss on divestiture of MSA LLC129,211 
Product liability expense3 
Amortization of acquisition-related intangible assets6,936 
Transaction costs (a)
78 
Adjusted operating income (loss)260,428 60,099 (38,066)282,461 
Adjusted operating margin %28.8 %15.4 %21.9 %
Depreciation and amortization38,029 
Adjusted EBITDA287,628 70,296 (37,434)320,490 
Adjusted EBITDA margin %31.9 %18.1 %24.8 %
(a) Transaction costs include advisory, legal, accounting, valuation, and other professional or consulting fees incurred during acquisitions and divestitures. These costs are included in Selling, general and administrative expense in the unaudited Condensed Consolidated Statements of Operations.

The Americas segment is comprised of our operations in Northern North American and Latin American geographies. The International segment is comprised of our operations in all geographies outside of the Americas. Certain global expenses are allocated to each segment in a manner consistent with where the benefits from the expenses are derived.


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Adjusted operating income (loss), adjusted operating margin, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) and adjusted EBITDA margin are the measures used by the chief operating decision maker to evaluate segment performance and allocate resources. As such, management believes that adjusted operating income (loss), adjusted operating margin, adjusted EBITDA and adjusted EBITDA margin are useful metrics for investors. Adjusted operating income (loss) is defined as operating income excluding restructuring charges, currency exchange (gains) losses, loss on divestiture of MSA LLC, product liability expense, amortization of acquisition-related intangible assets, net cost for product related legal matter and transaction costs. Adjusted operating margin is defined as adjusted operating income (loss) divided by segment net sales to external customers. Adjusted EBITDA is defined as adjusted operating income (loss) plus depreciation and amortization, and adjusted EBITDA margin is defined as adjusted EBITDA divided by segment net sales to external customers. Adjusted operating income (loss), adjusted operating margin, adjusted EBITDA and adjusted EBITDA margin are not recognized terms under GAAP, and therefore do not purport to be alternatives to operating income or operating margin as a measure of operating performance. The company's definition of adjusted operating income (loss), adjusted operating margin, adjusted EBITDA and adjusted EBITDA margin may not be comparable to similarly titled measures of other companies. As such, management believes that it is appropriate to consider operating income determined on a GAAP basis in addition to these non-GAAP measures.

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MSA Safety Incorporated
Reconciliation of As Reported Financial Measures to Non-GAAP Financial Measures
Organic constant currency sales change (Unaudited)


Consolidated
Three Months Ended September 30, 2024
Fire Service(a)
Detection(b)
Industrial PPE and Other(c)
Net Sales
GAAP reported sales change(9)%5%(5)%(3)%
Plus: Currency translation effects—%—%1%—%
Organic constant currency sales change(9)%5%(4)%(3)%

Nine Months Ended September 30, 2024
Fire Service(a)
Detection(b)
Industrial PPE and Other(c)
Net Sales
GAAP reported sales change3%3%(3)%1%
Plus: Currency translation effects—%—%—%—%
Organic constant currency sales change3%3%(3)%1%

(a) Fire Service includes Breathing Apparatus and Firefighter Helmets and Protective Apparel.
(b) Detection includes Fixed Gas and Flame Detection and Portable Gas Detection.
(c) Industrial PPE and Other includes Industrial Head Protection, Fall Protection and Non-Core.
Management believes that organic constant currency sales change is a useful metric for investors, as foreign currency translation can have a material impact on revenue growth trends. Organic constant currency sales change highlights ongoing business performance excluding the impact of fluctuating foreign currencies, which is outside of management's control. There can be no assurances that MSA's definition of organic constant currency sales change is consistent with that of other companies. As such, management believes that it is appropriate to consider revenue growth determined on a GAAP basis in addition to this non-GAAP financial measure.


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MSA Safety Incorporated
Reconciliation of As Reported Financial Measures to Non-GAAP Financial Measures
Organic constant currency sales change (Unaudited)


Americas Segment
Three Months Ended September 30, 2024
Fire Service(a)
Detection(b)
Industrial PPE and Other(c)
Net Sales
GAAP reported sales change(15)%5%(1)%(5)%
Plus: Currency translation effects—%1%4%2%
Organic constant currency sales change(15)%6%3%(3)%


Nine Months Ended September 30, 2024
Fire Service(a)
Detection(b)
Industrial PPE and Other(c)
Net Sales
GAAP reported sales change(1)%3%—%1%
Plus: Currency translation effects—%—%1%—%
Organic constant currency sales change(1)%3%1%1%


International Segment
Three Months Ended September 30, 2024
Fire Service(a)
Detection(b)
Industrial PPE and Other(c)
Net Sales
GAAP reported sales change10%4%(15)%1%
Plus: Currency translation effects(2)%(1)%(1)%(2)%
Organic constant currency sales change8%3%(16)%(1)%


Nine Months Ended September 30, 2024
Fire Service(a)
Detection(b)
Industrial PPE and Other(c)
Net Sales
GAAP reported sales change13%2%(10)%2%
Plus: Currency translation effects—%—%—%—%
Organic constant currency sales change13%2%(10)%2%

(a) Fire Service includes Breathing Apparatus and Firefighter Helmets and Protective Apparel.
(b) Detection includes Fixed Gas and Flame Detection and Portable Gas Detection.
(c) Industrial PPE and Other includes Industrial Head Protection, Fall Protection and Non-Core.
Management believes that organic constant currency sales growth is a useful metric for investors, as foreign currency translation can have a material impact on revenue growth trends. Organic constant currency sales growth highlights ongoing business performance excluding the impact of fluctuating foreign currencies, which is outside of management's control. There can be no assurances that MSA's definition of organic constant currency sales growth is consistent with that of other companies. As such, management believes that it is appropriate to consider revenue growth determined on a GAAP basis in addition to this non-GAAP financial measure.

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MSA Safety Incorporated
Reconciliation of As Reported Financial Measures to Non-GAAP Financial Measures
Adjusted earnings (Unaudited)
Adjusted diluted earnings per share (Unaudited)
(In thousands, except per share amounts and percentages)


Three Months Ended September 30,Nine Months Ended September 30,
20242023%
Change		20242023%
Change
Net income (loss)
$66,648 $65,256 2%$197,021 $(17,827)n/m*
Currency exchange losses, net2,985 1,496 4,715 8,781 
Amortization of acquisition-related intangible assets2,269 2,315 6,888 6,936 
Restructuring charges
1,184 3,285 5,744 8,382 
Asset related losses (gains)
207 42 959 (671)
Net cost for product related legal matter
— — 5,000 — 
Pension settlement— — 1,308 — 
Transaction costs (a)
— 78 234 78 
Loss on divestiture of MSA LLC— — — 129,211 
Deferred tax asset write-off related to divestiture of MSA LLC— — — 70,366 
Product liability expense
— — — 3 
Income tax expense on adjustments
(995)(2,327)(6,412)(9,248)
Adjusted earnings
$72,298 $70,145 3%$215,457 $196,011 10%


Adjusted diluted earnings per share
$1.83 $1.78 3%$5.45 $4.97 10%
(a)Transaction costs include advisory, legal, accounting, valuation, and other professional or consulting fees incurred during acquisitions and divestitures. These costs are included in Selling, general and administrative expense in the unaudited Condensed Consolidated Statements of Operations.

* Not meaningful

Management believes that adjusted earnings and adjusted diluted earnings per share are useful measures for investors, as management uses these measures to internally assess the company’s performance and ongoing operating trends. There can be no assurances that additional special items will not occur in future periods, nor that MSA's definition of adjusted earnings is consistent with that of other companies. As such, management believes that it is appropriate to consider both net income (loss) determined on a GAAP basis as well as adjusted earnings.

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MSA Safety Incorporated
Reconciliation of As Reported Financial Measures to Non-GAAP Financial Measures
Debt to adjusted EBITDA / Net debt to adjusted EBITDA (Unaudited)
(In thousands)

Twelve Months Ended September 30, 2024
Operating income$373,783 
Depreciation and amortization 54,173 
Currency exchange losses, net13,013 
Amortization of acquisition-related intangible assets9,198 
Restructuring charges7,254 
Net cost for product related legal matter5,000 
Transaction costs (a)
1,121 
Adjusted EBITDA$463,542 
Total end-of-period debt554,722 
Debt to adjusted EBITDA1.2 
Total end-of-period debt$554,722 
Total end-of-period cash and cash equivalents154,371 
Net debt$400,351 
Net debt to adjusted EBITDA0.9 
(a) Transaction costs include advisory, legal, accounting, valuation, and other professional or consulting fees incurred during acquisitions and divestitures. These costs are included in Selling, general and administrative expense in the unaudited Condensed Consolidated Statements of Operations.
Management believes that Debt to adjusted EBITDA and Net debt to adjusted EBITDA are useful measures for investors, as management uses these measures to internally assess the company’s liquidity and balance sheet strength. There can be no assurances that that MSA's definition of Debt to adjusted EBITDA and Net debt to adjusted EBITDA is consistent with that of other companies.

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About MSA Safety:    
MSA Safety Incorporated (NYSE: MSA) is the global leader in advanced safety products, technologies and solutions. Driven by its singular mission of safety, the Company has been at the forefront of safety innovation since 1914, protecting workers and facility infrastructure around the world across a broad range of diverse end markets while creating sustainable value for shareholders. With 2023 revenues of $1.8 billion, MSA Safety is headquartered in Cranberry Township, Pennsylvania and employs a team of over 5,000 associates across its more than 40 international locations. For more information, please visit www.MSASafety.com.
Cautionary Statement Regarding Forward-Looking Statements:
Except for historical information, certain matters discussed in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or our future financial performance and involve various assumptions, known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by words such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or other comparable words. Actual results, performance or outcomes may differ materially from those expressed or implied by these forward-looking statements and may not align with historical performance and events due to a number of factors, including those discussed in the sections of our annual report on Form 10-K entitled “Cautionary Statement Regarding Forward-Looking Statements” and “Risk Factors,” and those discussed in our Form 10-Q quarterly reports filed after such annual report. MSA’s SEC filings are readily obtainable at no charge at www.sec.gov, as well as on its own investor relations website at http://investors.MSAsafety.com. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements, and caution should be exercised against placing undue reliance upon such statements, which are based only on information currently available to us and speak only as of the date hereof. We are under no duty to update publicly any of the forward-looking statements after the date of this earnings press release, whether as a result of new information, future events or otherwise, except as required by law.
Non-GAAP Financial Measures:
This press release includes certain non-GAAP financial measures. These financial measures include organic constant currency revenue growth, adjusted operating income, adjusted operating margin, adjusted EBITDA, adjusted EBITDA margin, adjusted earnings, adjusted earnings per diluted share, debt to adjusted EBITDA, and net debt to adjusted EBITDA. These metrics are consistent with how the Company's chief operating decision maker ("CODM") evaluates segment results and makes strategic decisions about the business. Additionally, these non-GAAP financial measures provide information useful to investors in understanding our operating performance and trends, and to facilitate comparisons with the performance of our peers. Management also uses these measures internally to assess and better understand our underlying business performance and trends related to core business activities. The non-GAAP financial measures and key performance indicators we use, and computational methods with respect thereto, may differ from the non-GAAP financial measures and key performance indicators, and computational methods, that our peers use to assess their performance and trends.
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The presentation of these non-GAAP financial measures does not comply with U.S. GAAP. These non-GAAP financial measures should be viewed as supplemental in nature, and not as a substitute for, or superior to, our reported results prepared in accordance with GAAP. When non-GAAP financial measures are disclosed, the Securities and Exchange Commission's Regulation G requires: (i) the presentation of the most directly comparable financial measure calculated and presented in accordance with GAAP and (ii) a reconciliation of the differences between the non-GAAP financial measure presented and the most directly comparable financial measure calculated and presented in accordance with GAAP. The presentation of these financial measures does not comply with U.S. generally accepted accounting principles ("GAAP"). For an explanation of these measures, with a reconciliation to the most directly comparable GAAP financial measure, see the Reconciliation of As Reported Financial Measures to Non-GAAP Financial Measures in the financial tables section above.
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v3.24.3
Cover Page Document
Oct. 23, 2024
Cover [Abstract]  
Entity Incorporation, State or Country Code PA
Document Type 8-K
City Area Code 724
Title of 12(b) Security Common stock, no par value
Pre-commencement Issuer Tender Offer false
Pre-commencement Tender Offer false
Soliciting Material false
Written Communications false
Amendment Flag false
Entity Central Index Key 0000066570
Entity File Number 1-15579
Entity Tax Identification Number 46-4914539
Trading Symbol MSA
Security Exchange Name NYSE
Local Phone Number 776-8600
Entity Emerging Growth Company false
Document Period End Date Oct. 23, 2024
Entity Registrant Name MSA SAFETY INCORPORATED
Entity Address, Address Line One 1000 Cranberry Woods Drive
Entity Address, City or Town Cranberry Township,
Entity Address, State or Province PA
Entity Address, Postal Zip Code 16066-5207
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