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Westlake Chemical Corp (NYSE:WLK)
Non-Recurring Items
$10 Mil (TTM As of Jun. 2014)

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Westlake Chemical Corp's non-recurring items for the three months ended in Jun. 2014 was $5 Mil. Its non-recurring items for the trailing twelve months (TTM) ended in Jun. 2014 was $10 Mil.

As of today, Westlake Chemical Corp's share price is $94.48. Westlake Chemical Corp's earnings per share without non-recurring items for the trailing twelve months (TTM) ended in Jun. 2014 was $5.00. Therefore, Westlake Chemical Corp's P/E (NRI) ratio for today is 18.90.


Definition

Non-Recurring Items are the incomes received or expenses incurred by the business that are not from regular operations. Examples of NRI include gains (losses) from plant shutdown, lease-breaking fees, lawsuit, write-offs, write-downs, restructuring costs or sales of an investment, discontinued operations etc.

NRI can impact a company’s reported income drastically.

Westlake Chemical Corp Non-Recurring Items for the trailing twelve months (TTM) ended in Jun. 2014 was -0.287 (Sep. 2013 ) + 3.653 (Dec. 2013 ) + 2.509 (Mar. 2014 ) + 4.601 (Jun. 2014 ) = $10 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GuruFocus lists a P/E (NRI), which is the price/earnings before NRI. We believe it more accurately reflects the valuation of the company.

Westlake Chemical Corp's P/E (NRI) Ratio for today is calculated as

Westlake Chemical Corp's Share Price of today is $94.48.
Westlake Chemical Corp's Earnings per Share (NRI) for the trailing twelve months (TTM) ended in Jun. 2014 was 1.27 (Sep. 2013 ) + 1.28 (Dec. 2013 ) + 1.18 (Mar. 2014 ) + 1.27 (Jun. 2014 ) = $5.00.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Net Income, P/E (NRI)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Westlake Chemical Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Non Operating Income -132-24-05616137

Westlake Chemical Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Non Operating Income 117-5-04-0-0435
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