Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earning Per Share

Basic and diluted earnings per share from continuing operations for the three-month and six-month periods ended June 30, 2014 and 2013 are calculated as follows:

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2014			2013			2014			2013
	(In thousands, except per share amounts)
Basic earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	89,404		$	88,500		$	155,408		$	176,181
Net income from continuing operations attributable to noncontrolling interests	(6,932		)	(8,389		)	(14,584		)	(13,918		)
Net income from continuing operations attributable to Albemarle Corporation	$	82,472		$	80,111		$	140,824		$	162,263
Denominator:
Weighted-average common shares for basic earnings per share	78,662			84,028			79,199			86,374
Basic earnings per share from continuing operations	$	1.05		$	0.95		$	1.78		$	1.88
Diluted earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	89,404		$	88,500		$	155,408		$	176,181
Net income from continuing operations attributable to noncontrolling interests	(6,932		)	(8,389		)	(14,584		)	(13,918		)
Net income from continuing operations attributable to Albemarle Corporation	$	82,472		$	80,111		$	140,824		$	162,263
Denominator:
Weighted-average common shares for basic earnings per share	78,662			84,028			79,199			86,374
Incremental shares under stock compensation plans	429			461			403			488
Total shares	79,091			84,489			79,602			86,862
Diluted earnings per share from continuing operations	$	1.04		$	0.95		$	1.77		$	1.87