| Schedule of segment information |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(In thousands) |
|
Chlorovinyls |
|
Aromatics |
|
Building
Products |
|
Eliminations,
Unallocated
and Other |
|
|
|
Total |
|
|
Year Ended December 31, 2012: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales |
|
$ |
1,344,908 |
|
$ |
1,104,290 |
|
$ |
876,638 |
|
$ |
- |
|
|
|
$ |
3,325,836 |
|
|
Intersegment revenues |
|
|
236,043 |
|
|
- |
|
|
447 |
|
|
(236,490 |
) |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total net sales |
|
|
1,580,951 |
|
|
1,104,290 |
|
|
877,085 |
|
|
(236,490 |
) |
|
|
|
3,325,836 |
|
|
Transaction related costs, restructuring and other, net |
|
|
1,259 |
|
|
- |
|
|
1,504 |
|
|
36,070 |
|
|
|
|
38,833 |
|
|
Gain on sale of assets |
|
|
(19,250 |
) |
|
- |
|
|
- |
|
|
- |
|
|
|
|
(19,250 |
) |
|
Long-lived asset impairment charges (recoveries), net |
|
|
- |
|
|
- |
|
|
(824 |
) |
|
- |
|
|
|
|
(824 |
) |
|
Operating income |
|
|
237,214 |
|
|
64,569 |
|
|
18,447 |
|
|
(82,020 |
) |
(1) |
|
|
238,210 |
|
|
Depreciation and amortization |
|
|
45,163 |
|
|
1,533 |
|
|
38,414 |
|
|
4,747 |
|
|
|
|
89,857 |
|
|
Capital expenditures |
|
|
44,739 |
|
|
2,699 |
|
|
24,947 |
|
|
7,953 |
|
|
|
|
80,338 |
|
|
Total assets |
|
|
966,405 |
|
|
180,124 |
|
|
604,532 |
|
|
50,254 |
|
|
|
|
1,801,315 |
|
|
Year Ended December 31, 2011: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales |
|
$ |
1,318,678 |
|
$ |
1,020,307 |
|
$ |
883,899 |
|
$ |
- |
|
|
|
$ |
3,222,884 |
|
|
Intersegment revenues |
|
|
235,683 |
|
|
- |
|
|
3 |
|
|
(235,686 |
) |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total net sales |
|
|
1,554,361 |
|
|
1,020,307 |
|
|
883,902 |
|
|
(235,686 |
) |
|
|
|
3,222,884 |
|
|
Transaction related costs, restructuring and other, net |
|
|
521 |
|
|
- |
|
|
2,750 |
|
|
- |
|
|
|
|
3,271 |
|
|
Gain on sale of assets |
|
|
(1,150 |
) |
|
- |
|
|
- |
|
|
- |
|
|
|
|
(1,150 |
) |
|
Long-lived asset impairment charges |
|
|
- |
|
|
- |
|
|
8,318 |
|
|
- |
|
|
|
|
8,318 |
|
|
Operating income |
|
|
143,304 |
|
|
10,370 |
|
|
7,500 |
|
|
(36,575 |
) |
(1) |
|
|
124,599 |
|
|
Depreciation and amortization |
|
|
56,014 |
|
|
1,483 |
|
|
39,658 |
|
|
4,367 |
|
|
|
|
101,522 |
|
|
Capital expenditures |
|
|
37,059 |
|
|
1,637 |
|
|
23,843 |
|
|
3,843 |
|
|
|
|
66,382 |
|
|
Total assets |
|
|
874,646 |
|
|
121,331 |
|
|
606,442 |
|
|
41,792 |
|
|
|
|
1,644,211 |
|
|
Year Ended December 31, 2010: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net sales |
|
$ |
1,224,724 |
|
$ |
799,676 |
|
$ |
793,639 |
|
$ |
- |
|
|
|
$ |
2,818,040 |
|
|
Intersegment revenues |
|
|
245,977 |
|
|
- |
|
|
140 |
|
|
(246,117 |
) |
|
|
|
- |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total net sales |
|
|
1,470,701 |
|
|
799,676 |
|
|
793,779 |
|
|
(246,117 |
) |
|
|
|
2,818,040 |
|
|
Transaction related costs, restructuring and other, net |
|
|
(340 |
) |
|
- |
|
|
442 |
|
|
- |
|
|
|
|
102 |
|
|
Operating income |
|
|
114,297 |
|
|
23,335 |
|
|
14,554 |
|
|
(37,917 |
) |
(1) |
|
|
114,269 |
|
|
Depreciation and amortization |
|
|
59,524 |
|
|
1,405 |
|
|
33,695 |
|
|
5,067 |
|
|
|
|
99,691 |
|
|
Capital expenditures |
|
|
22,810 |
|
|
2,641 |
|
|
20,263 |
|
|
- |
|
|
|
|
45,714 |
|
|
Total assets |
|
|
953,756 |
|
|
140,941 |
|
|
554,016 |
|
|
16,988 |
|
|
|
|
1,665,701 |
|
- (1)
- Includes shared services, administrative and legal expenses.
|
| Schedule of sales by product line |
|
|
|
|
|
|
|
|
|
|
|
|
|
Years Ended December 31, |
|
|
(In thousands) |
|
2012 |
|
2011 |
|
2010 |
|
|
Chlorovinyls |
|
|
|
|
|
|
|
|
|
|
|
Chlor-alkali and derivative products |
|
$ |
886,224 |
|
$ |
888,312 |
|
$ |
839,037 |
|
|
Compound products |
|
|
458,684 |
|
|
430,366 |
|
|
385,687 |
|
| |
|
|
|
|
|
|
|
|
Total |
|
|
1,344,908 |
|
|
1,318,678 |
|
|
1,224,724 |
|
| |
|
|
|
|
|
|
|
|
Aromatics |
|
|
|
|
|
|
|
|
|
|
|
Cumene products |
|
|
763,473 |
|
|
603,830 |
|
|
520,493 |
|
|
Phenol/acetone products |
|
|
340,817 |
|
|
416,477 |
|
|
279,183 |
|
| |
|
|
|
|
|
|
|
|
Total |
|
|
1,104,290 |
|
|
1,020,307 |
|
|
799,676 |
|
| |
|
|
|
|
|
|
|
|
Building Products |
|
|
|
|
|
|
|
|
|
|
|
Window & door profiles and moulding products |
|
|
319,116 |
|
|
331,039 |
|
|
347,998 |
|
|
Outdoor building products |
|
|
557,522 |
|
|
552,860 |
|
|
445,641 |
|
| |
|
|
|
|
|
|
|
|
Total |
|
|
876,638 |
|
|
883,899 |
|
|
793,639 |
|
| |
|
|
|
|
|
|
|
|
Net Sales |
|
$ |
3,325,836 |
|
$ |
3,222,884 |
|
$ |
2,818,040 |
|
| |
|
|
|
|
|
|
|
|