Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2015

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, 2015 and 2014 are calculated as follows:

	Three Months Ended   March 31,
	2015			2014
	(In thousands, except per share amounts)
Basic earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	47,149		$	66,004
Net income from continuing operations attributable to noncontrolling interests	(4,034		)	(7,652		)
Net income from continuing operations attributable to Albemarle Corporation	$	43,115		$	58,352
Denominator:
Weighted-average common shares for basic earnings per share(a)	108,130			79,735
Basic earnings per share from continuing operations	$	0.40		$	0.73
Diluted earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	47,149		$	66,004
Net income from continuing operations attributable to noncontrolling interests	(4,034		)	(7,652		)
Net income from continuing operations attributable to Albemarle Corporation	$	43,115		$	58,352
Denominator:
Weighted-average common shares for basic earnings per share(a)	108,130			79,735
Incremental shares under stock compensation plans	334			377
Weighted-average common shares for diluted earnings per share(a)	108,464			80,112
Diluted earnings per share from continuing operations	$	0.40		$	0.73

(a) 2015 includes the impact of 34,113 shares issued in connection with the Rockwood acquisition.