XML 12 R3.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues and other income:        
Net sales $ 634.6 $ 525.3 $ 1,263.6 $ 1,034.3
Other income, net 15.0 7.8 15.0 14.8
Total revenues and other income 649.6 533.1 1,278.6 1,049.1
Cost and expenses:        
Cost of sales 487.9 400.7 946.2 800.4
Selling, general and administrative 79.0 78.5 156.2 149.4
Fixed asset impairment 16.0   16.0  
Other components of net periodic pension and OPEB expense 3.3 4.6 6.6 8.9
Interest 7.0 8.7 13.9 17.3
Total costs and expenses 593.2 492.5 1,138.9 976.0
Income before income taxes 56.4 40.6 139.7 73.1
Income tax expense 14.0 10.3 33.9 18.3
Net income 42.4 30.3 105.8 54.8
Noncontrolling interest in net income of subsidiaries 14.4 8.9 32.4 18.6
Net income attributable to Valhi stockholders $ 28.0 $ 21.4 $ 73.4 $ 36.2
Amounts attributable to Valhi stockholders:        
Net income per basic share $ 0.98 $ 0.75 $ 2.57 $ 1.27
Net income per diluted share $ 0.98 $ 0.75 $ 2.57 $ 1.27
Weighted average shares outstanding - basic 28.5 28.5 28.5 28.5
Weighted average shares outstanding - diluted 28.5 28.5 28.5 28.5