Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2014

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earning Per Share

Basic and diluted earnings per share for the three-month periods ended March 31, 2014 and 2013 are calculated as follows:

	Three Months Ended   March 31,
	2014		2013
	(In thousands, except per share amounts)
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	56,583	$	83,987
Denominator:
Weighted-average common shares for basic earnings per share	79,735		88,719
Basic earnings per share	$	0.71	$	0.95
Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	56,583	$	83,987
Denominator:
Weighted-average common shares for basic earnings per share	79,735		88,719
Incremental shares under stock compensation plans	377		517
Total shares	80,112		89,236
Diluted earnings per share	$	0.71	$	0.94