Earnings Per Share (Tables)

9 Months Ended

Sep. 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 nine-month periods ended September 30, 2014 and 2013 are calculated as follows:

	Three Months Ended   September 30,						Nine Months Ended   September 30,
	2014			2013			2014			2013
	(In thousands, except per share amounts)
Basic earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	88,019		$	97,313		$	243,427		$	273,494
Net income from continuing operations attributable to noncontrolling interests	(8,546		)	(7,332		)	(23,130		)	(21,250		)
Net income from continuing operations attributable to Albemarle Corporation	$	79,473		$	89,981		$	220,297		$	252,244
Denominator:
Weighted-average common shares for basic earnings per share	78,244			81,385			78,880			84,711
Basic earnings per share from continuing operations	$	1.02		$	1.10		$	2.79		$	2.98
Diluted earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	88,019		$	97,313		$	243,427		$	273,494
Net income from continuing operations attributable to noncontrolling interests	(8,546		)	(7,332		)	(23,130		)	(21,250		)
Net income from continuing operations attributable to Albemarle Corporation	$	79,473		$	89,981		$	220,297		$	252,244
Denominator:
Weighted-average common shares for basic earnings per share	78,244			81,385			78,880			84,711
Incremental shares under stock compensation plans	415			467			407			481
Total shares	78,659			81,852			79,287			85,192
Diluted earnings per share from continuing operations	$	1.01		$	1.10		$	2.78		$	2.96