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Consolidated Statements of Operations (unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net sales $ 802.8 $ 826.7 $ 1,512.7 $ 1,581.1
Cost of goods sold 499.5 522.6 945.6 999.9
Gross profit 303.3 304.1 567.1 581.2
Selling, general and administrative expenses 137.6 133.8 266.5 270.4
Restructuring expenses and related asset impairments 4.3 2.3 5.1 5.3
Research and development expenses 16.6 16.0 33.5 32.5
Defined benefit pension expense 18.1 16.8 36.7 35.6
Interest expense and related financing costs 10.9 11.3 21.4 22.6
Provision for environmental remediation 1.3 0.6 2.3 1.2
Chapter 11 expenses, net of interest income 3.3 3.7 8.1 8.2
Libby medical program settlement 0 19.5 0 19.5
Equity in earnings of unconsolidated affiliate (9.2) (3.2) (14.3) (8.9)
Other (income) expense, net (1.7) (2.2) 4.4 (2.8)
Total costs and expenses 181.2 198.6 363.7 383.6
Income before income taxes 122.1 105.5 203.4 197.6
Provision for income taxes (38.8) (35.8) (66.9) (66.6)
Net income 83.3 69.7 136.5 131.0
Less: Net income attributable to noncontrolling interests (0.5) (0.4) (0.8) (0.8)
Net income attributable to W. R. Grace & Co. shareholders $ 82.8 $ 69.3 $ 135.7 $ 130.2
Basic earnings per share:        
Net income attributable to W. R. Grace & Co. shareholders (in dollars per share) $ 1.09 $ 0.93 $ 1.79 $ 1.75
Weighted average number of basic shares 76.3 74.7 76.0 74.5
Diluted earnings per share:        
Net income attributable to W. R. Grace & Co. shareholders (in dollars per share) $ 1.07 $ 0.90 $ 1.75 $ 1.70
Weighted average number of diluted shares 77.6 76.6 77.4 76.5