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 from continuing operations 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 from continuing operations
Numerator:
Net income from continuing operations	$	66,004		$	87,681
Net income from continuing operations attributable to noncontrolling interests	(7,652		)	(5,529		)
Net income from continuing operations attributable to Albemarle Corporation	$	58,352		$	82,152
Denominator:
Weighted-average common shares for basic earnings per share	79,735			88,719
Basic earnings per share from continuing operations	$	0.73		$	0.93
Diluted earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	66,004		$	87,681
Net income from continuing operations attributable to noncontrolling interests	(7,652		)	(5,529		)
Net income from continuing operations attributable to Albemarle Corporation	$	58,352		$	82,152
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 from continuing operations	$	0.73		$	0.92