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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Schedule Of Net Income Attributable To Common Stockholders
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2015
 
2014
 
2015
 
2014
Net income attributable to
   Westlake Chemical Corporation
 
$
205,095

 
$
169,443

 
$
351,437

 
$
327,475

Less:
 
 
 
 
 
 
 
 
Net income attributable to participating securities
 
(253
)
 
(360
)
 
(457
)
 
(746
)
Net income attributable to common shareholders
 
$
204,842

 
$
169,083

 
$
350,980

 
$
326,729

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 June 30,
 
Six Months Ended June 30,
 
 
2015
 
2014
 
2015
 
2014
Weighted average common shares—basic
 
132,538,123

 
133,223,705

 
132,625,857

 
133,148,398

Plus incremental shares from:
 
 
 
 
 
 
 
 
Assumed exercise of options
 
506,852

 
544,185

 
498,840

 
542,438

Weighted average common shares—diluted
 
133,044,975

 
133,767,890

 
133,124,697

 
133,690,836

 
 
 
 
 
 
 
 
 
Earnings per common share attributable to
   Westlake Chemical Corporation:
 
 
 
 
 
 
 
 
Basic
 
$
1.55

 
$
1.27

 
$
2.65

 
$
2.45

Diluted
 
$
1.54

 
$
1.26

 
$
2.64

 
$
2.44