EARNINGS PER SHARE (EPS) (Tables)

12 Months Ended

Dec. 31, 2012

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, 2012, 2011, and 2010 (in thousands, except net earnings in millions and per share amounts):

Years Ended December 31,	2012		2011		2010
Numerator:
Earnings from continuing operations	$	94.1	$	86.0	$	67.0
Earnings from discontinued operations, net of tax		93.9		121.8		105.3
Net earnings attributable to Cytec Industries Inc.	$	188.0	$	207.8	$	172.3
Denominator:
Weighted average shares outstanding		46,034		48,449		49,339
Effect of dilutive shares:
Options and stock-settled SARS		623		466		472
Non-vested shares and units		129		88		54
Diluted average shares outstanding		46,786		49,003		49,865
Basic earnings per common share:
Earnings from continuing operations	$	2.04	$	1.78	$	1.36
Earnings from discontinued operations		2.04		2.51		2.13
Net earnings per common share attributable to Cytec Industries Inc.	$	4.08	$	4.29	$	3.49
Diluted earnings per common share:
Earnings from continuing operations	$	2.01	$	1.75	$	1.35
Earnings from discontinued operations		2.01		2.49		2.11
Net earnings per common share attributable to Cytec Industries Inc.	$	4.02	$	4.24	$	3.46

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,	2012		2011		2010
Options		250		852		285
Stock-settled SARS		0		1,138		862
Non-vested shares and units		0		0		0
Total		250		1,990		1,147