v2.4.0.8

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (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
CONDENSED CONSOLIDATED STATEMENTS OF INCOME |  |  |  |
Net sales | $ 1,197.5 | $ 813.5 | $ 3,531.5 | $ 2,541.1
Operating costs and expenses: |  |  |  |
Cost of sales | 984.9 | 673.2 | 2,925.6 | 2,210.5
Selling, general and administrative expenses | 93.9 | 53.5 | 269.9 | 153.0
Long-lived asset impairment charges (recoveries), net | 25.8 |  | 28.4 | (0.8)
Transaction related costs and other, net | 14.8 | 14.8 | 33.7 | 27.2
Gain on sale of assets, net |  | (1.9) |  | (19.3)
Total operating costs and expenses | 1,119.4 | 739.6 | 3,257.6 | 2,370.6
Operating income | 78.1 | 73.9 | 273.9 | 170.5
Interest expense, net | (19.7) | (14.7) | (57.4) | (43.6)
Foreign exchange loss | (0.4) | (0.2) |  | (0.6)
Loss on redemption and other debt costs |  |  | (78.5) |
Gain on acquisition of controlling interest |  |  | 23.5 |
Income before income taxes | 58.0 | 59.0 | 161.5 | 126.3
Provision for income taxes | 18.7 | 19.7 | 51.3 | 38.1
Consolidated net income | 39.3 | 39.3 | 110.2 | 88.2
Less net income attributable to noncontrolling interest | 0.3 |  | 1.9 |
Net income attributable to Axiall | $ 39.0 | $ 39.3 | $ 108.3 | $ 88.2
Earnings per share attributable to Axiall: |  |  |  |
Basic (in dollars per share) | $ 0.56 | $ 1.13 | $ 1.63 | $ 2.54
Diluted (in dollars per share) | $ 0.55 | $ 1.12 | $ 1.62 | $ 2.53
Weighted average common shares outstanding: |  |  |  |
Basic (in shares) | 69.9 | 34.5 | 66.4 | 34.4
Diluted (in shares) | 70.4 | 34.9 | 66.8 | 34.6
Dividends per common share (in dollars per share) | $ 0.16 | $ 0.08 | $ 0.32 | $ 0.16

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