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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2014
Earnings Per Share [Abstract]  
Schedule Of Net Income Attributable To Common Stockholders
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2014
 
2013
 
2014
 
2013
Net income attributable to Westlake Chemical
   Corporation
 
$
167,757

 
$
170,290

 
$
495,232

 
$
439,453

Less:
 
 
 
 
 
 
 
 
Net income attributable to participating securities
 
(353
)
 
(587
)
 
(1,099
)
 
(1,691
)
Net income attributable to common shareholders
 
$
167,404

 
$
169,703

 
$
494,133

 
$
437,762

Reconciliation Of Denominator For Basic And Diluted Earnings Per Share
The following table reconciles the denominator for the basic and diluted earnings per share computations shown in the consolidated statements of operations:
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2014
 
2013
 
2014
 
2013
Weighted average common shares—basic (1)
 
133,299,458

 
133,257,494

 
133,199,304

 
133,256,054

Plus incremental shares from:
 
 
 
 
 
 
 
 
Assumed exercise of options (1)
 
546,601

 
553,614

 
543,841

 
550,704

Weighted average common shares—diluted (1)
 
133,846,059

 
133,811,108

 
133,743,145

 
133,806,758

 
 
 
 
 
 
 
 
 
Earnings per common share attributable to
   Westlake Chemical Corporation : (1)
 
 
 
 
 
 
 
 
Basic
 
$
1.26

 
$
1.28

 
$
3.71

 
$
3.29

Diluted
 
$
1.25

 
$
1.27

 
$
3.69

 
$
3.27