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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Income Statement [Abstract]      
Net sales $ 2,445,548us-gaap_SalesRevenueNet [1] $ 2,394,270us-gaap_SalesRevenueNet [1] $ 2,519,154us-gaap_SalesRevenueNet [1]
Cost of goods sold 1,674,700us-gaap_CostOfGoodsSold 1,543,799us-gaap_CostOfGoodsSold 1,620,311us-gaap_CostOfGoodsSold
Gross profit 770,848us-gaap_GrossProfit 850,471us-gaap_GrossProfit 898,843us-gaap_GrossProfit
Selling, general and administrative expenses 355,135us-gaap_SellingGeneralAndAdministrativeExpense 158,189us-gaap_SellingGeneralAndAdministrativeExpense 308,456us-gaap_SellingGeneralAndAdministrativeExpense
Research and development expenses 88,310us-gaap_ResearchAndDevelopmentExpense 82,246us-gaap_ResearchAndDevelopmentExpense 78,919us-gaap_ResearchAndDevelopmentExpense
Restructuring and other charges, net (Note 20) 25,947us-gaap_RestructuringSettlementAndImpairmentProvisions [2] 33,361us-gaap_RestructuringSettlementAndImpairmentProvisions [2] 111,685us-gaap_RestructuringSettlementAndImpairmentProvisions [2]
Acquisition and integration related costs (Note 23) 30,158us-gaap_BusinessCombinationAcquisitionRelatedCosts [3] 0us-gaap_BusinessCombinationAcquisitionRelatedCosts [3] 0us-gaap_BusinessCombinationAcquisitionRelatedCosts [3]
Operating profit 271,298us-gaap_OperatingIncomeLoss 576,675us-gaap_OperatingIncomeLoss 399,783us-gaap_OperatingIncomeLoss
Interest and financing expenses (41,358)us-gaap_InterestAndDebtExpense (31,559)us-gaap_InterestAndDebtExpense (32,800)us-gaap_InterestAndDebtExpense
Other (expenses) income, net (16,761)us-gaap_OtherNonoperatingIncomeExpense (6,674)us-gaap_OtherNonoperatingIncomeExpense 1,229us-gaap_OtherNonoperatingIncomeExpense
Income from continuing operations before income taxes and equity in net income of unconsolidated investments 213,179us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 538,442us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 368,212us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense 18,484us-gaap_IncomeTaxExpenseBenefit 134,445us-gaap_IncomeTaxExpenseBenefit 80,433us-gaap_IncomeTaxExpenseBenefit
Income from continuing operations before equity in net income of unconsolidated investments 194,695alb_IncomeBeforeEquityInNetIncomeOfUnconsolidatedInvestments 403,997alb_IncomeBeforeEquityInNetIncomeOfUnconsolidatedInvestments 287,779alb_IncomeBeforeEquityInNetIncomeOfUnconsolidatedInvestments
Equity in net income of unconsolidated investments (net of tax) 35,742us-gaap_IncomeLossFromEquityMethodInvestments 31,729us-gaap_IncomeLossFromEquityMethodInvestments 38,067us-gaap_IncomeLossFromEquityMethodInvestments
Net income from continuing operations 230,437us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 435,726us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 325,846us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
(Loss) income from discontinued operations (net of tax) (69,531)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 4,108us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 4,281us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income 160,906us-gaap_ProfitLoss 439,834us-gaap_ProfitLoss 330,127us-gaap_ProfitLoss
Net income attributable to noncontrolling interests (27,590)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (26,663)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (18,591)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income attributable to Albemarle Corporation $ 133,316us-gaap_NetIncomeLoss $ 413,171us-gaap_NetIncomeLoss $ 311,536us-gaap_NetIncomeLoss
Basic earnings per share from continuing operations (in dollars per share) $ 2.57us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 4.88us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 3.44us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Basic earnings (loss) per share from discontinued operations (in dollars per share) $ (0.88)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.05us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.05us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Basic earnings per share (in dollars per share) $ 1.69us-gaap_EarningsPerShareBasic $ 4.93us-gaap_EarningsPerShareBasic $ 3.49us-gaap_EarningsPerShareBasic
Diluted earnings per share from continuing operations (in dollars per share) $ 2.57us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 4.85us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 3.42us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Diluted earnings (loss) per share from discontinued operations (in dollars per share) $ (0.88)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.05us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.05us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Diluted earnings per share (in dollars per share) $ 1.69us-gaap_EarningsPerShareDiluted $ 4.90us-gaap_EarningsPerShareDiluted $ 3.47us-gaap_EarningsPerShareDiluted
Weighted-average common shares outstanding-basic (in shares) 78,696us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 83,839us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 89,189us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Weighted-average common shares outstanding-diluted (in shares) 79,102us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 84,322us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 89,884us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Cash dividends declared per share of common stock (in dollars per share) $ 1.10us-gaap_CommonStockDividendsPerShareDeclared $ 0.96us-gaap_CommonStockDividendsPerShareDeclared $ 0.80us-gaap_CommonStockDividendsPerShareDeclared
[1] No sales in a foreign country exceed 10% of total net sales. Also, net sales are attributed to countries based upon shipments to final destination.
[2] See Note 20, “Restructuring and Other.”
[3] See Note 23, “Acquisitions.”