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Condensed Statements of Consolidated Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Condensed Statements of Consolidated Income        
Net sales $ 329,522 $ 303,099 $ 660,867 $ 606,296
Cost of products sold 256,016 235,109 505,323 466,484
Gross profit 73,506 67,990 155,544 139,812
Selling, general and administrative expenses 45,489 37,677 89,767 77,606
Operating profit 28,017 30,313 65,777 62,206
Other income (expense):        
Interest expense (1,393) (1,644) (2,815) (2,313)
Interest income 467 219 687 386
Foreign exchange loss (636) (4,224) (161) (7,400)
Other, net (324) (384) (329) (393)
Non operating income (expense), total (1,886) (6,033) (2,618) (9,720)
Income from continuing operations before income tax expense 26,131 24,280 63,159 52,486
Income tax expense (330) (18,283) (6,076) (22,632)
Income from continuing operations, net of tax 25,801 5,997 57,083 29,854
Loss from discontinued operations, net of tax (89) (518) (329) (381)
Consolidated net income 25,712 5,479 56,754 29,473
Net (income) loss attributable to the noncontrolling interest (1,092) 7,310 (1,482) 5,916
Net income attributable to OM Group, Inc. 24,620 12,789 55,272 35,389
Earnings per common share - basic:        
Income from continuing operations attributable to OM Group, Inc. common shareholders $ 0.81 $ 0.44 $ 1.82 $ 1.18
Loss from discontinued operations attributable to OM Group, Inc. common shareholders   $ (0.02) $ (0.01) $ (0.02)
Net income attributable to OM Group, Inc. common shareholders $ 0.81 $ 0.42 $ 1.81 $ 1.16
Earnings per common share - assuming dilution:        
Income from continuing operations attributable to OM Group, Inc. common shareholders $ 0.80 $ 0.43 $ 1.81 $ 1.17
Loss from discontinued operations attributable to OM Group, Inc. common shareholders   $ (0.01) $ (0.01) $ (0.01)
Net income attributable to OM Group, Inc. common shareholders $ 0.80 $ 0.42 $ 1.80 $ 1.16
Weighted average shares outstanding - basic 30,535 30,471 30,531 30,388
Weighted average shares outstanding - assuming dilution 30,721 30,591 30,708 30,522
Amounts attributable to OM Group, Inc. common shareholders:        
Income from continuing operations, net of tax 24,709 13,307 55,601 35,770
Loss from discontinued operations, net of tax (89) (518) (329) (381)
Net income attributable to OM Group, Inc. $ 24,620 $ 12,789 $ 55,272 $ 35,389