EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share for the years ended December 31, 2013, 2012 and 2011 (in thousands, except net earnings in millions and per share amounts):

Years ended December 31,	2013		2012		2011
Numerator:
Earnings from continuing operations	$	171.7	$	75.7	$	57.5
Earnings from discontinued operations, net of tax	1.8		99.2		128.4
Net earnings attributable to Cytec Industries Inc.	$	173.5	$	174.9	$	185.9
Denominator:
Weighted average shares outstanding	39,419		46,034		48,449
Effect of dilutive shares:
Options and stock-settled SARS	654		623		466
Non-vested shares and units	111		129		88
Diluted average shares outstanding	40,184		46,786		49,003
Basic earnings per common share:
Earnings from continuing operations	$	4.36	$	1.64	$	1.19
Earnings from discontinued operations	0.04		2.16		2.65
Net earnings per common share attributable to Cytec Industries Inc.	$	4.40	$	3.80	$	3.84
Diluted earnings per common share:
Earnings from continuing operations	$	4.27	$	1.62	$	1.17
Earnings from discontinued operations	0.04		2.12		2.62
Net earnings per common share attributable to Cytec Industries Inc.	$	4.31	$	3.74	$	3.79

Anti-Dilutive Shares/Units

The following table sets forth the anti-dilutive shares/units excluded from the above calculations because their inclusion would have had an anti-dilutive effect on earnings per share (in thousands):

Years ended December 31,	2013	2012	2011
Options	115	250	852
Stock-settled SARS	—	—	1,138
Non-vested shares and units	—	—	—
Total	115	250	1,990