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Quarterly Financial Information
12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Quarterly Financial Information (Unaudited)
 
 
Three Months Ended
 
 
March 31,
2014
 
June 30,
2014
 
September 30,
2014
 
December 31,
2014
Net sales
 
$
1,027,676

 
$
998,576

 
$
1,253,227

 
$
1,135,871

Gross profit
 
287,010

 
305,971

 
361,520

 
362,849

Income from operations
 
248,055

 
266,788

 
306,761

 
302,387

Net income attributable to
   Westlake Chemical Corporation
 
158,032

 
169,443

 
167,757

 
183,291

Earnings per common share attributable to
Westlake Chemical Corporation:
(1)
 
 
 
 
 
 
 
 
Basic
 
$
1.18

 
$
1.27

 
$
1.26

 
$
1.38

Diluted
 
$
1.18

 
$
1.26

 
$
1.25

 
$
1.37

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
 
March 31,
2013
 
June 30,
2013
 
September 30,
2013
 
December 31,
2013
Net sales
 
$
864,647

 
$
939,047

 
$
1,004,165

 
$
951,625

Gross profit
 
227,809

 
273,487

 
304,471

 
295,671

Income from operations
 
194,055

 
235,227

 
266,602

 
257,580

Net income attributable to
   Westlake Chemical Corporation
 
123,347

 
145,816

 
170,290

 
170,972

Earnings per common share attributable to
Westlake Chemical Corporation:
(1) (2)
 
 
 
 
 
 
 
 
Basic
 
$
0.92

 
$
1.09

 
$
1.28

 
$
1.28

Diluted
 
$
0.92

 
$
1.09

 
$
1.27

 
$
1.27


______________________________
(1)
Basic and diluted earnings per common share ("EPS") for each quarter is computed using the weighted average shares outstanding during that quarter, while EPS for the year is computed using the weighted average shares outstanding for the year. As a result, the sum of the EPS for each of the four quarters may not equal the EPS for the year.
(2)
Per share data for the prior year periods have been restated to reflect the effect of a two-for-one stock split. See Note 8 for additional information.