XML 53 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Condensed Consolidated Statements of Operations        
Net sales $ 1,269.4 $ 1,197.5 $ 3,500.0 $ 3,531.5
Operating costs and expenses:        
Cost of sales 1,107.3 1,003.9 3,110.6 2,975.7
Selling, general and administrative expenses 79.8 74.9 232.4 219.8
Transaction-related costs and other, net 7.8 14.8 23.8 33.7
Long-lived asset impairment charges, net 0.3 25.8 1.0 28.4
Total operating costs and expenses 1,195.2 1,119.4 3,367.8 3,257.6
Operating income 74.2 78.1 132.2 273.9
Interest expense, net (19.5) (19.7) (56.9) (57.4)
Loss on redemption and other debt costs       (78.5)
Gain on acquisition of controlling interest       23.5
Foreign exchange loss (0.3) (0.4) (0.2)  
Income before income taxes 54.4 58.0 75.1 161.5
Provision for income taxes 9.3 18.7 12.5 51.3
Consolidated net income 45.1 39.3 62.6 110.2
Less net income attributable to noncontrolling interest 0.6 0.3 2.5 1.9
Net income attributable to Axiall $ 44.5 $ 39.0 $ 60.1 $ 108.3
Income per share attributable to Axiall:        
Basic (in dollars per share) $ 0.64 $ 0.56 $ 0.86 $ 1.63
Diluted (in dollars per share) $ 0.63 $ 0.55 $ 0.85 $ 1.62
Weighted average common shares outstanding:        
Basic (in shares) 70.2 69.9 70.0 66.4
Diluted (in shares) 70.6 70.4 70.6 66.8
Dividends per common share (in dollars per share) $ 0.16 $ 0.16 $ 0.48 $ 0.32