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EARNINGS PER SHARE (Tables)
 9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Reconciliation of Numerators and Denominators Used for Basic and Diluted Earnings Per Common Share

The following table provides a reconciliation of the numerators and denominators used to determine basic and diluted earnings (loss) per share from continuing operations attributable to Axiall and discontinued operations for the three and nine month periods ended September 30, 2015 and 2014:

 

 

 

 

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

(Amounts in millions)

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Numerator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

  $

(797.5

)

 

  $

43.5

 

 

  $

(785.7

)

 

  $

63.2

 

Less net income (loss) attributable to noncontrolling interest

 

 

(22.9

)

 

 

0.6

 

 

 

(19.8

)

 

 

2.5

 

Income (loss) from continuing operations attributable to Axiall

 

 

(774.6

)

 

 

42.9

 

 

 

(765.9

)

 

 

60.7

 

Income (loss) from discontinued operations

 

 

5.0

 

 

 

1.6

 

 

 

6.3

 

 

 

(0.6

)

Consolidated net income (loss) attributable to Axiall

 

  $

(769.6

)

 

  $

44.5

 

 

  $

(759.6

)

 

  $

60.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average common shares outstanding, basic

 

 

70.6

 

 

 

70.2

 

 

 

70.4

 

 

 

70.0

 

Dilutive impact of stock options and other share-

   based awards

 

 

-

 

 

 

0.4

 

 

 

-

 

 

 

0.6

 

Weighted average common shares outstanding, diluted

 

 

70.6

 

 

 

70.6

 

 

 

70.4

 

 

 

70.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Basic earnings (loss) per share attributable to Axiall:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share from continuing

   operations attributable to Axiall

 

  $

(10.98

)

 

  $

0.61

 

 

  $

(10.88

)

 

  $

0.87

 

Basic earnings (loss) per share from discontinued operations

 

 

0.08

 

 

 

0.03

 

 

 

0.09

 

 

 

(0.01

)

Basic earnings (loss) per share attributable to Axiall

 

  $

(10.90

)

 

  $

0.64

 

 

  $

(10.79

)

 

  $

0.86

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share attributable to Axiall:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings (loss) per share from continuing

   operations attributable to Axiall

 

  $

(10.98

)

 

  $

0.61

 

 

  $

(10.88

)

 

  $

0.86

 

Diluted earnings (loss)  per share from discontinued operations

 

 

0.08

 

 

 

0.02

 

 

 

0.09

 

 

 

(0.01

)

Diluted earnings (loss) per share attributable to Axiall

 

  $

(10.90

)

 

  $

0.63

 

 

  $

(10.79

)

 

  $

0.85