XML 54 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues and other income:        
Net sales $ 448.2 $ 508.8 $ 1,463.4 $ 1,659.9
Other income, net 8.7 7.6 21.8 39.4
Total revenues and other income 456.9 516.4 1,485.2 1,699.3
Costs and expenses:        
Cost of sales 399.6 411.3 1,384.7 1,140.0
Selling, general and administrative 101.1 63.1 253.5 210.0
Loss on prepayment of debt 2.3   8.9 7.2
Assets held for sale write-down   0.4   0.4
Interest 13.7 14.6 43.8 42.4
Total costs and expenses 516.7 489.4 1,690.9 1,400.0
Income (loss) from continuing operations before income taxes (59.8) 27.0 (205.7) 299.3
Income tax expense (benefit) (18.9) (3.0) (68.0) 89.7
Income (loss) from continuing operations (40.9) 30.0 (137.7) 209.6
Income from discontinued operations, net of tax   1.8   3.3
Net income (loss) (40.9) 31.8 (137.7) 212.9
Noncontrolling interest in net income (loss) of subsidiaries (6.7) 8.9 (24.0) 56.7
Net income (loss) attributable to Valhi stockholders (34.2) 22.9 (113.7) 156.2
Amounts attributable to Valhi stockholders:        
Income (loss) from continuing operations (34.2) 21.7 (113.7) 153.9
Income from discontinued operations   1.2   2.3
Net income (loss) attributable to Valhi stockholders $ (34.2) $ 22.9 $ (113.7) $ 156.2
Basic and diluted net income (loss) per share:        
Income (loss) from continuing operations $ (0.10) $ 0.06 $ (0.33) $ 0.45
Income from discontinued operations   $ 0.01   $ 0.01
Net income (loss) per share $ (0.10) $ 0.07 $ (0.33) $ 0.46
Cash dividends per share $ 0.05 $ 0.05 $ 0.15 $ 0.142
Basic and diluted weighted average shares outstanding 342.0 342.0 342.0 342.0