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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule Of Net Income Attributable To Common Stockholders
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2015
 
2014
 
2015
 
2014
Net income attributable to
   Westlake Chemical Corporation
 
$
183,604

 
$
167,757

 
$
535,041

 
$
495,232

Less:
 
 
 
 
 
 
 
 
Net income attributable to participating securities
 
(195
)
 
(353
)
 
(653
)
 
(1,099
)
Net income attributable to common shareholders
 
$
183,409

 
$
167,404

 
$
534,388

 
$
494,133

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,
 
 
2015
 
2014
 
2015
 
2014
Weighted average common shares—basic
 
131,664,296

 
133,299,458

 
132,301,814

 
133,199,304

Plus incremental shares from:
 
 
 
 
 
 
 
 
Assumed exercise of options
 
456,939

 
546,601

 
484,720

 
543,841

Weighted average common shares—diluted
 
132,121,235

 
133,846,059

 
132,786,534

 
133,743,145

 
 
 
 
 
 
 
 
 
Earnings per common share attributable to
   Westlake Chemical Corporation:
 
 
 
 
 
 
 
 
Basic
 
$
1.39

 
$
1.26

 
$
4.04

 
$
3.71

Diluted
 
$
1.39

 
$
1.25

 
$
4.02

 
$
3.69