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Quarterly Financial Information
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Quarterly Financial Information (Unaudited)
 
 
Three Months Ended
 
 
March 31,
2015
 
June 30,
2015
 
September 30,
2015
 
December 31,
2015
Net sales
 
$
1,103,531

 
$
1,185,002

 
$
1,188,037

 
$
986,766

Gross profit
 
284,546

 
353,181

 
311,276

 
236,188

Income from operations
 
229,280

 
295,374

 
254,028

 
181,145

Net income attributable to
   Westlake Chemical Corporation
 
146,342

 
205,095

 
183,604

 
110,969

Earnings per common share attributable to
Westlake Chemical Corporation:
(1)
 
 
 
 
 
 
 
 
Basic
 
$
1.10

 
$
1.55

 
$
1.39

 
$
0.85

Diluted
 
$
1.10

 
$
1.54

 
$
1.39

 
$
0.84

 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
 
 
March 31,
2014
 
June 30,
2014
 
September 30,
2014
 
December 31,
2014
Net sales
 
$
1,027,676

 
$
998,576

 
$
1,253,227

 
$
1,135,871

Gross profit
 
287,010

 
305,971

 
361,520

 
362,849

Income from operations
 
248,055

 
266,788

 
306,761

 
302,387

Net income attributable to
   Westlake Chemical Corporation
 
158,032

 
169,443

 
167,757

 
183,291

Earnings per common share attributable to
Westlake Chemical Corporation:
(1)
 
 
 
 
 
 
 
 
Basic
 
$
1.18

 
$
1.27

 
$
1.26

 
$
1.38

Diluted
 
$
1.18

 
$
1.26

 
$
1.25

 
$
1.37


______________________________
(1)
Basic and diluted earnings per common share ("EPS") for each quarter is computed using the weighted average shares outstanding during that quarter, while EPS for the year is computed using the weighted average shares outstanding for the year. As a result, the sum of the EPS for each of the four quarters may not equal the EPS for the year.