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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2016
Earnings Per Share [Abstract]  
Schedule Of Net Income Attributable To Common Stockholders
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2016
 
2015
 
2016
 
2015
Net income attributable to
   Westlake Chemical Corporation
 
$
111,124

 
$
205,095

 
$
234,252

 
$
351,437

Less:
 
 
 
 
 
 
 
 
Net income attributable to participating securities
 
(504
)
 
(253
)
 
(1,054
)
 
(457
)
Net income attributable to common shareholders
 
$
110,620

 
$
204,842

 
$
233,198

 
$
350,980

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,
 
 
2016
 
2015
 
2016
 
2015
Weighted average common shares—basic
 
129,583,224

 
132,538,123

 
129,886,594

 
132,625,857

Plus incremental shares from:
 
 
 
 
 
 
 
 
Assumed exercise of options
 
397,303

 
506,852

 
403,927

 
498,840

Weighted average common shares—diluted
 
129,980,527

 
133,044,975

 
130,290,521

 
133,124,697

 
 
 
 
 
 
 
 
 
Earnings per common share attributable to
   Westlake Chemical Corporation:
 
 
 
 
 
 
 
 
Basic
 
$
0.85

 
$
1.55

 
$
1.80

 
$
2.65

Diluted
 
$
0.85

 
$
1.54

 
$
1.79

 
$
2.64