XML 64 R114.htm IDEA: XBRL DOCUMENT v2.4.0.6
Guarantor Disclosures (Condensed Consolidating Financial Information Statement Of Operations) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Condensed Financial Statements, Captions [Line Items]                      
Net sales $ 801,041 $ 821,175 $ 913,958 $ 1,034,867 $ 859,175 $ 968,372 $ 925,049 $ 867,252 $ 3,571,041 [1] $ 3,619,848 [1] $ 3,171,787 [1]
Cost of sales                 2,834,081 3,060,842 2,689,104
Gross profit 190,248 172,179 201,896 172,637 77,260 147,067 167,095 167,584 736,960 559,006 482,683
Selling, general and administrative expenses                 121,609 112,210 104,319
Income from operations 156,231 142,517 170,978 145,625 50,459 117,331 138,369 140,637 615,351 446,796 378,364
Interest expense                 (43,049) (50,992) (39,875)
Debt retirement costs                 (7,082) 0 0
Gain from sales of equity securities                 16,429 0 0
Other income, (expense), net                 3,520 5,628 4,471
Income before income taxes                 585,169 401,432 342,960
(Benefit from) provision for income taxes                 199,614 142,466 121,567
Equity in net income of subsidiaries                 0 0 0
Net income 95,277 86,964 115,501 87,813 26,443 67,930 81,049 83,544 385,555 258,966 221,393
Comprehensive income                 383,785 256,929 225,865
Westlake Chemical Corporation [Member]
                     
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 0 0 0
Cost of sales                 0 0 0
Gross profit                 0 0 0
Selling, general and administrative expenses                 2,004 3,762 4,257
Income from operations                 (2,004) (3,762) (4,257)
Interest expense                 (42,989) (50,919) (39,829)
Debt retirement costs                 (7,082)    
Gain from sales of equity securities                 1    
Other income, (expense), net                 28,171 10,217 15,045
Income before income taxes                 (23,903) (44,464) (29,041)
(Benefit from) provision for income taxes                 1,825 (11,835) (2,471)
Equity in net income of subsidiaries                 411,283 291,595 247,963
Net income                 385,555 258,966 221,393
Comprehensive income                 383,785 256,929 225,865
Guarantor Subsidiaries [Member]
                     
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 3,529,685 3,581,470 3,130,513
Cost of sales                 2,799,537 3,024,419 2,653,234
Gross profit                 730,148 557,051 477,279
Selling, general and administrative expenses                 113,133 102,989 95,441
Income from operations                 617,015 454,062 381,838
Interest expense                 (60) (73) (46)
Debt retirement costs                 0    
Gain from sales of equity securities                 16,428    
Other income, (expense), net                 (21,384) (4,212) (12,715)
Income before income taxes                 611,999 449,777 369,077
(Benefit from) provision for income taxes                 199,057 155,313 122,541
Equity in net income of subsidiaries                 0 0  
Net income                 412,942 294,464 246,536
Comprehensive income                 410,549 292,834 250,064
Non-Guarantor Subsidiaries [Member]
                     
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 48,205 42,202 44,006
Cost of sales                 41,393 40,247 38,602
Gross profit                 6,812 1,955 5,404
Selling, general and administrative expenses                 6,472 5,459 4,621
Income from operations                 340 (3,504) 783
Interest expense                 0 0 0
Debt retirement costs                 0    
Gain from sales of equity securities                 0    
Other income, (expense), net                 (3,267) (377) 2,141
Income before income taxes                 (2,927) (3,881) 2,924
(Benefit from) provision for income taxes                 (1,268) (1,012) 1,497
Equity in net income of subsidiaries                 0 0  
Net income                 (1,659) (2,869) 1,427
Comprehensive income                 (1,036) (3,276) 2,371
Eliminations [Member]
                     
Condensed Financial Statements, Captions [Line Items]                      
Net sales                 (6,849) (3,824) (2,732)
Cost of sales                 (6,849) (3,824) (2,732)
Gross profit                 0 0 0
Selling, general and administrative expenses                 0 0 0
Income from operations                 0 0 0
Interest expense                 0 0 0
Debt retirement costs                 0    
Gain from sales of equity securities                 0    
Other income, (expense), net                 0 0 0
Income before income taxes                 0 0 0
(Benefit from) provision for income taxes                 0 0 0
Equity in net income of subsidiaries                 (411,283) (291,595) (247,963)
Net income                 (411,283) (291,595) (247,963)
Comprehensive income                 $ (409,513) $ (289,558) $ (252,435)
[1] Revenues are attributed to countries based on location of customer.