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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Summary of Significant Accounting Policies [Abstract]  
Revenue by segment
The composition of consolidated revenues by segment is as follows:

    
 
Percentage of Net Sales
 
       
2013
  
2012
  
2011
 
Performance materials
  
48
%
  
49
%
  
50
%
Construction technologies
  
22
%
  
23
%
  
27
%
Energy services
  
29
%
  
27
%
  
21
%
Transportation
  
4
%
  
5
%
  
6
%
Intersegment sales
  
-3
%
  
-4
%
  
-4
%
 
  
100
%
  
100
%
  
100
%
                        
Reconciliation between basic and diluted earnings per share
Basic earnings per share is computed by dividing net income attributable to AMCOL shareholders by the weighted average number of common shares outstanding. Diluted earnings per share is similarly computed, except the denominator is increased to include the dilutive effects of stock compensation awards and other share equivalents.  Stock compensation awards are antidilutive and therefore excluded from our diluted earnings per share calculation when their exercise would result in a net decrease in the weighted average number of common shares outstanding.  A reconciliation between the shares used to compute basic and diluted earnings per share follows:

  
 
2013
  
2012
  
2011
 
Weighted average common shares outstanding for the year
  
32,463,634
   
32,050,538
   
31,708,949
 
Dilutive impact of stock equivalents
  
303,319
   
347,827
   
436,824
 
Weighted average common and common equivalent shares for the year
  
32,766,953
   
32,398,365
   
32,145,773
 
Common shares outstanding at December 31
  
32,468,752
   
32,184,110
   
31,728,969
 
Weighted average anti-dilutive shares excluded from the computation of diluted earnings per share
  
273,802
   
402,485
   
189,768