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Business Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2018
Segment Reporting [Abstract] |
Holding Percentage of Subsidiaries |
Business segment |  | Entity |  | % controlled at June 30, 2018 |
Chemicals |  | Kronos |  | 80 | %
Component products |  | CompX |  | 87 | %
Real estate management and development |  | BMI and LandWell |  | 63% - 77 | %
Segment Operating Performance |
| Three months ended June 30, |  |  | Six months ended June 30, |
| 2017 |  |  | 2018 |  |  | 2017 |  |  | 2018 |
| (unaudited) |
| (In millions) |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Chemicals | $ | 441.4 |  |  | $ | 471.8 |  |  | $ | 811.2 |  |  | $ | 902.2 |
Component products |  | 30.1 |  |  |  | 32.4 |  |  |  | 60.0 |  |  |  | 60.8 |
Real estate management and development |  | 10.3 |  |  |  | 6.0 |  |  |  | 15.9 |  |  |  | 13.2 |
Total net sales | $ | 481.8 |  |  | $ | 510.2 |  |  | $ | 887.1 |  |  | $ | 976.2 |
Cost of sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Chemicals | $ | 309.6 |  |  | $ | 300.5 |  |  | $ | 573.8 |  |  | $ | 556.6 |
Component products |  | 20.5 |  |  |  | 21.2 |  |  |  | 40.8 |  |  |  | 40.1 |
Real estate management and development |  | 7.9 |  |  |  | 4.5 |  |  |  | 12.1 |  |  |  | 10.2 |
Total cost of sales | $ | 338.0 |  |  | $ | 326.2 |  |  | $ | 626.7 |  |  | $ | 606.9 |
Gross margin: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Chemicals | $ | 131.8 |  |  | $ | 171.3 |  |  | $ | 237.4 |  |  | $ | 345.6 |
Component products |  | 9.6 |  |  |  | 11.2 |  |  |  | 19.2 |  |  |  | 20.7 |
Real estate management and development |  | 2.4 |  |  |  | 1.5 |  |  |  | 3.8 |  |  |  | 3.0 |
Total gross margin | $ | 143.8 |  |  | $ | 184.0 |  |  | $ | 260.4 |  |  | $ | 369.3 |
Operating income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Chemicals | $ | 77.2 |  |  | $ | 123.6 |  |  | $ | 136.3 |  |  | $ | 234.2 |
Component products |  | 4.6 |  |  |  | 6.0 |  |  |  | 9.1 |  |  |  | 10.4 |
Real estate management and development |  | 1.3 |  |  |  | .4 |  |  |  | 1.8 |  |  |  | 4.2 |
Total operating income |  | 83.1 |  |  |  | 130.0 |  |  |  | 147.2 |  |  |  | 248.8 |
General corporate items: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities earnings |  | 7.1 |  |  |  | 8.5 |  |  |  | 14.1 |  |  |  | 16.8 |
Insurance recoveries |  | — |  |  |  | .2 |  |  |  | .1 |  |  |  | .4 |
Gain on land sales |  | — |  |  |  | — |  |  |  | — |  |  |  | 12.5 |
Other components of net periodic pension and OPEB expense |  | (4.3 | ) |  |  | (3.8 | ) |  |  | (8.4 | ) |  |  | (7.5 | )
Litigation settlement expense |  | — |  |  |  | (62.0 | ) |  |  | — |  |  |  | (62.0 | )
General expenses, net |  | (8.7 | ) |  |  | (14.9 | ) |  |  | (19.2 | ) |  |  | (29.2 | )
Interest expense |  | (14.7 | ) |  |  | (16.0 | ) |  |  | (29.2 | ) |  |  | (31.4 | )
Income from continuing operations before income taxes | $ | 62.5 |  |  | $ | 42.0 |  |  | $ | 104.6 |  |  | $ | 148.4 |

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