Operating Segments (Tables)

6 Months Ended

Jun. 30, 2014

Segment Reporting [Abstract]

Reportable Segments Summarized Financial Information

Summarized financial information concerning our reportable segments is shown in the following table. Results for 2013 have been recast to reflect the change in operating segments noted above, and segment results for all periods presented exclude discontinued operations as further described in Notes 1 and 15. Corporate & other includes corporate-related items not allocated to the reportable segments. Pension and OPEB service cost (which represents the benefits earned by active employees during the period) and amortization of prior service cost or benefit are allocated to each segment whereas the remaining components of pension and OPEB benefits cost or credit are included in Corporate & other.

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2014			2013			2014			2013
	(In thousands)
Net sales:
Performance Chemicals	$	334,187		$	343,024		$	684,444		$	694,048
Catalyst Solutions	270,534			233,818			520,120			469,391
Total net sales	$	604,721		$	576,842		$	1,204,564		$	1,163,439
Segment operating profit:
Performance Chemicals	$	77,265		$	88,694		$	157,741		$	174,159
Catalyst Solutions	59,918			36,271			109,130			78,410
Total segment operating profit	137,183			124,965			266,871			252,569
Equity in net income of unconsolidated investments:
Performance Chemicals	2,660			2,328			5,577			4,636
Catalyst Solutions	7,989			7,381			13,973			15,334
Total equity in net income of unconsolidated investments	10,649			9,709			19,550			19,970
Net income attributable to noncontrolling interests:
Performance Chemicals	(6,932		)	(8,389		)	(14,584		)	(13,918		)
Total net income attributable to noncontrolling interests	(6,932		)	(8,389		)	(14,584		)	(13,918		)
Segment income:
Performance Chemicals	72,993			82,633			148,734			164,877
Catalyst Solutions	67,907			43,652			123,103			93,744
Total segment income	140,900			126,285			271,837			258,621
Corporate & other(a)	(18,768		)	(16,585		)	(53,533		)	(31,806		)
Restructuring and other charges, net	(8,175		)	—			(25,175		)	—
Interest and financing expenses	(8,733		)	(7,608		)	(17,506		)	(12,839		)
Other (expenses) income, net	(979		)	(1,585		)	164			(5,779		)
Income tax expense	(21,773		)	(20,396		)	(34,963		)	(45,934		)
(Loss) income from discontinued operations (net of tax)	(60,025		)	2,628			(61,794		)	4,463
Net income attributable to Albemarle Corporation	$	22,447		$	82,739		$	79,030		$	166,726

(a) For the three months ended June 30, 2014 and 2013, Corporate & other includes $0.9 million and $0.9 million, respectively, of pension and OPEB plan credits, and for the six months ended June 30, 2014 and 2013, Corporate & other includes $(13.7) million and $2.0 million, respectively, of pension and OPEB plan (costs) credits.