XML 13 R3.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues and other income:        
Net sales $ 415.0 $ 528.6 $ 874.3 $ 1,008.2
Other, net (3.6) 15.4 31.3 22.0
Total revenues and other income 411.4 544.0 905.6 1,030.2
Costs and expenses:        
Cost of sales 311.0 405.4 670.6 763.2
Selling, general and administrative 69.6 73.6 140.5 145.0
Litigation settlement, net   19.6   19.6
Other components of net periodic pension expense 5.0 4.1 9.7 8.2
Interest 8.8 10.1 18.5 20.4
Total costs and expenses 394.4 512.8 839.3 956.4
Income before income taxes 17.0 31.2 66.3 73.8
Income tax expense 21.2 13.0 32.6 27.2
Net income (loss) (4.2) 18.2 33.7 46.6
Noncontrolling interest in net income of subsidiaries 4.9 11.1 18.4 21.3
Net income (loss) attributable to Valhi stockholders $ (9.1) $ 7.1 $ 15.3 $ 25.3
Amounts attributable to Valhi stockholders:        
Basic and diluted net income (loss) per share $ (0.32) $ 0.25 $ 0.54 $ 0.89
Basic and diluted weighted average shares outstanding 28.5 28.5 28.5 28.5