XML 29 R21.htm IDEA: XBRL DOCUMENT v2.3.0.15
Earnings Per Share
9 Months Ended
Sep. 30, 2011
Earnings Per Share 
Earnings Per Share

Note 16 – Earnings per share:

Earnings per share is based on the weighted average number of common shares outstanding during each period. A reconciliation of the numerator used in the calculation of earnings per share is presented in the following table:

 

     Three months  ended
September 30,		      Nine months  ended
September 30,		  
     2010      2011      2010     2011  
     (In millions)  

Net income attributable to Valhi stockholders

    $ 14.4       $ 71.5       $ 32.5      $ 161.9   

Equity adjustment

      —           —           (2.1 )      —     
  

 

 

     

 

 

     

 

 

    

 

 

  

Adjusted net income attributable to Valhi stockholders

    $ 14.4       $ 71.5       $ 30.4      $ 161.9   
  

 

 

     

 

 

     

 

 

    

 

 

  

The $2.1 million equity adjustment attributable to Valhi stockholders is discussed in Note 17 to our 2010 Annual Report.