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Earnings Per Share
6 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share:
Basic and diluted earnings per share from continuing operations for the three-month and six-month periods ended June 30, 2015 and 2014 are calculated as follows:
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2015
 
2014
 
2015
 
2014
 
(In thousands, except per share amounts)
Basic earnings per share from continuing operations
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
59,366

 
$
89,404

 
$
106,515

 
$
155,408

Net income from continuing operations attributable to noncontrolling interests
(7,219
)
 
(6,932
)
 
(11,253
)
 
(14,584
)
Net income from continuing operations attributable to Albemarle Corporation
$
52,147

 
$
82,472

 
$
95,262

 
$
140,824

Denominator:
 
 
 
 
 
 
 
Weighted-average common shares for basic earnings per share(a)
112,189

 
78,662

 
110,160

 
79,199

Basic earnings per share from continuing operations
$
0.46

 
$
1.05

 
$
0.86

 
$
1.78

 
 
 
 
 
 
 
 
Diluted earnings per share from continuing operations
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
59,366

 
$
89,404

 
$
106,515

 
$
155,408

Net income from continuing operations attributable to noncontrolling interests
(7,219
)
 
(6,932
)
 
(11,253
)
 
(14,584
)
Net income from continuing operations attributable to Albemarle Corporation
$
52,147

 
$
82,472

 
$
95,262

 
$
140,824

Denominator:
 
 
 
 
 
 
 
Weighted-average common shares for basic earnings per share(a)
112,189

 
78,662

 
110,160

 
79,199

Incremental shares under stock compensation plans
418

 
429

 
376

 
403

Weighted-average common shares for diluted earnings per share(a)
112,607

 
79,091

 
110,536

 
79,602

Diluted earnings per share from continuing operations
$
0.46

 
$
1.04

 
$
0.86

 
$
1.77


(a)
2015 includes the impact of 34,113 shares issued in connection with the Rockwood acquisition.
On February 24, 2015, the Company increased the regular quarterly dividend by 5% to $0.29 per share. On May 5, 2015, the Company declared a cash dividend of $0.29 per share, which was paid on July 1, 2015 to shareholders of record at the close of business as of June 16, 2015. On July 9, 2015, the Company declared a cash dividend of $0.29 per share, which is payable on October 1, 2015 to shareholders of record at the close of business as of September 16, 2015.