EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2014

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, 2014, 2013 and 2012 (in thousands, except net earnings in millions and per share amounts):

Years ended December 31,	2014		2013		2012
Numerator:
Earnings from continuing operations	$	144.1	$	171.7	$	75.7
Earnings from discontinued operations, net of tax	9.7		1.8		99.2
Net earnings attributable to Cytec Industries Inc.	$	153.8	$	173.5	$	174.9
Denominator:
Weighted average shares outstanding	72,155		78,839		92,067
Effect of dilutive shares:
Options and stock-settled SARS	1,015		1,308		1,247
Nonvested shares and units	205		221		259
Diluted average shares outstanding	73,375		80,368		93,573
Basic earnings per common share:
Earnings from continuing operations	$	2.00	$	2.18	$	0.82
Earnings from discontinued operations	0.13		0.02		1.08
Net earnings per common share attributable to Cytec Industries Inc.	$	2.13	$	2.20	$	1.90
Diluted earnings per common share:
Earnings from continuing operations	$	1.96	$	2.14	$	0.81
Earnings from discontinued operations	0.13		0.02		1.06
Net earnings per common share attributable to Cytec Industries Inc.	$	2.09	$	2.16	$	1.87

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,	2014	2013	2012
Options	358	230	499
Stock-settled SARS	—	—	—
Nonvested shares and units	—	—	—
Total	358	230	499