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Condensed Consolidated Statements of Income (USD $)
In Millions, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues and other income:        
Net sales $ 573.1 $ 415.7 $ 1,028.8 $ 772.5
Other income, net 8.8 3.9 25.6 31.9
Total revenues and other income 581.9 419.6 1,054.4 804.4
Costs and expenses:        
Cost of sales 372.4 326.3 679.2 617.0
Selling, general and administrative 79.1 58.1 140.4 116.4
Loss on prepayment of debt     3.3  
Litigation settlement and contract termination       33.3
Interest 15.9 17.0 33.1 34.4
Total costs and expenses 467.4 401.4 856.0 801.1
Income before income taxes 114.5 18.2 198.4 3.3
Provision for income taxes (benefit) 41.6 11.8 72.3 (18.2)
Net income 72.9 6.4 126.1 21.5
Noncontrolling interest in net income of subsidiaries 20.5 1.9 35.7 3.4
Net income attributable to Valhi Stockholders $ 52.4 $ 4.5 $ 90.4 $ 18.1
Amounts attributable to Valhi stockholders:        
Basic and diluted earnings per share $ 0.46 $ 0.04 $ 0.79 $ 0.14
Cash dividends per share $ 0.125 $ 0.10 $ 0.225 $ 0.20
Basic and diluted weighted average shares outstanding 114.0 114.3 114.1 114.3