Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share are calculated as follows (in thousands, except per share amounts):

	Year Ended December 31,
	2013		2012		2011
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	413,171	$	311,536	$	392,114
Denominator:
Weighted-average common shares for basic earnings per share	83,839		89,189		90,522
Basic earnings per share	$	4.93	$	3.49	$	4.33
Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	413,171	$	311,536	$	392,114
Denominator:
Weighted-average common shares for basic earnings per share	83,839		89,189		90,522
Incremental shares under stock compensation plans	483		695		1,000
Total shares	84,322		89,884		91,522
Diluted earnings per share	$	4.90	$	3.47	$	4.28