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Earnings per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Schedule Of Net Income Attributable To Common Stockholders
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
Net income attributable to
   Westlake Chemical Corporation
 
$
65,662

 
$
183,604

 
$
299,914

 
$
535,041

Less:
 
 
 
 
 
 
 
 
Net income attributable to participating securities
 
(294
)
 
(195
)
 
(1,347
)
 
(653
)
Net income attributable to common shareholders
 
$
65,368

 
$
183,409

 
$
298,567

 
$
534,388

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,
 
 
2016
 
2015
 
2016
 
2015
Weighted average common shares—basic
 
128,793,661

 
131,664,296

 
129,519,577

 
132,301,814

Plus incremental shares from:
 
 
 
 
 
 
 
 
Assumed exercise of options
 
586,295

 
456,939

 
584,320

 
484,720

Weighted average common shares—diluted
 
129,379,956

 
132,121,235

 
130,103,897

 
132,786,534

 
 
 
 
 
 
 
 
 
Earnings per common share attributable to
   Westlake Chemical Corporation:
 
 
 
 
 
 
 
 
Basic
 
$
0.51

 
$
1.39

 
$
2.31

 
$
4.04

Diluted
 
$
0.51

 
$
1.39

 
$
2.29

 
$
4.02