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Operating Segments (Tables)
3 Months Ended
Mar. 31, 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 described in Note 1. 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 
 March 31,
 
2014
 
2013
 
(In thousands)
Net sales:
 
 
 
Performance Chemicals
$
350,257

 
$
351,024

Catalyst Solutions
249,586

 
235,573

Total net sales
$
599,843

 
$
586,597

Segment operating profit:
 
 
 
Performance Chemicals
$
80,476

 
$
85,465

Catalyst Solutions
49,212

 
42,139

Total segment operating profit
129,688

 
127,604

Equity in net income of unconsolidated investments:
 
 
 
Performance Chemicals
2,917

 
2,308

Catalyst Solutions
5,984

 
7,953

Total equity in net income of unconsolidated investments
8,901

 
10,261

Net income attributable to noncontrolling interests:
 
 
 
Performance Chemicals
(7,652
)
 
(5,529
)
Total net income attributable to noncontrolling interests
(7,652
)
 
(5,529
)
Segment income:
 
 
 
Performance Chemicals
75,741

 
82,244

Catalyst Solutions
55,196

 
50,092

Total segment income
130,937

 
132,336

Corporate & other(a)
(34,765
)
 
(15,221
)
Restructuring and other charges, net
(17,000
)
 

Interest and financing expenses
(8,773
)
 
(5,231
)
Other income (expenses), net
1,143

 
(4,194
)
Income tax expense
(13,190
)
 
(25,538
)
(Loss) income from discontinued operations (net of tax)
(1,769
)
 
1,835

Net income attributable to Albemarle Corporation
$
56,583

 
$
83,987


(a)
For the three months ended March 31, 2014 and 2013, Corporate & other includes $(14.6) million and $1.2 million, respectively, of pension and OPEB plan (costs) credits.