XML 55 R3.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Revenues and other income:    
Net sales $ 416.1us-gaap_SalesRevenueNet $ 462.4us-gaap_SalesRevenueNet
Other income, net 12.1us-gaap_OtherIncome 5.1us-gaap_OtherIncome
Total revenues and other income 428.2vhi_RevenuesAndOtherIncomeNet 467.5vhi_RevenuesAndOtherIncomeNet
Costs and expenses:    
Cost of sales 326.8us-gaap_CostOfGoodsSold 376.6us-gaap_CostOfGoodsSold
Selling, general and administrative 65.2us-gaap_SellingGeneralAndAdministrativeExpense 68.8us-gaap_SellingGeneralAndAdministrativeExpense
Interest 14.6us-gaap_InterestExpense 13.7us-gaap_InterestExpense
Total costs and expenses 406.6us-gaap_CostsAndExpenses 459.1us-gaap_CostsAndExpenses
Income before income taxes 21.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 8.4us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 4.3us-gaap_IncomeTaxExpenseBenefit 3.8us-gaap_IncomeTaxExpenseBenefit
Net income 17.3us-gaap_ProfitLoss 4.6us-gaap_ProfitLoss
Noncontrolling interest in net income of subsidiaries 5.4us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 3.8us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Valhi stockholders $ 11.9us-gaap_NetIncomeLoss $ 0.8us-gaap_NetIncomeLoss
Amounts attributable to Valhi stockholders:    
Basic and diluted net income per share $ 0.04us-gaap_EarningsPerShareBasicAndDiluted  
Cash dividends per share $ 0.02us-gaap_CommonStockDividendsPerShareCashPaid $ 0.05us-gaap_CommonStockDividendsPerShareCashPaid
Basic and diluted weighted average shares outstanding 342.0us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 342.0us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted