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Segment Information Summarized Financial Information by Reportable Segments (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Segment Reporting Information [Line Items]        
Net sales $ 905,093 $ 642,418 $ 2,720,982 $ 1,846,982
Adjusted EBITDA 234,996 144,604 730,705 425,322
Depreciation and amortization     (200,372) (78,344)
Restructuring and other, net 6,804 (293) 6,804 (20,625)
Acquisition and integration related costs (42,798) (10,261) (126,487) (15,104)
Interest and financing expenses (32,058) (8,749) (100,986) (26,255)
Income tax expense (16,892) (11,737) (48,171) (46,700)
Loss from discontinued operations (net of tax) 0 (6,679) 0 (68,473)
Net income attributable to Albemarle Corporation 65,392 72,794 160,654 151,824
All Other        
Segment Reporting Information [Line Items]        
Net sales 102,224 123,521 337,997 372,126
Adjusted EBITDA 6,262 20,971 29,540 63,482
Corporate        
Segment Reporting Information [Line Items]        
Net sales 6,354 0 12,117 0
Adjusted EBITDA (15,890) (20,370) (7,508) (60,087)
Continuing Operations        
Segment Reporting Information [Line Items]        
Adjusted EBITDA 234,996 144,604 730,705 425,322
Depreciation and amortization (68,903) (25,630) (200,372) (75,179) [1]
Utilization of inventory markup [2] (16,834)   (102,298)  
Restructuring and other, net [3] 6,804 (293) 6,804 (20,625)
Acquisition and integration related costs [4] (42,798) (10,261) (126,487) (15,104)
Interest and financing expenses (32,058) (8,749) (100,986) (26,255)
Income tax expense (16,892) (11,737) (48,171) (46,700)
Loss from discontinued operations (net of tax)   (6,679)   (68,473)
Non-operating pension and OPEB items 1,077 (1,440) 5,900 (14,141)
Other [5]   (7,021) (4,441) (7,021)
Net income attributable to Albemarle Corporation 65,392 72,794 160,654 151,824
Continuing Operations | Performance Chemicals        
Segment Reporting Information [Line Items]        
Restructuring and other, net [3] 0   0  
Other [5]   0    
Continuing Operations | Refining Solutions        
Segment Reporting Information [Line Items]        
Restructuring and other, net [3] 0   0  
Other [5]   0    
Continuing Operations | Chemetall Surface Treatment        
Segment Reporting Information [Line Items]        
Restructuring and other, net [3] 0   0  
Other [5]   0    
Continuing Operations | Reportable Segments Subtotal        
Segment Reporting Information [Line Items]        
Restructuring and other, net [3] 0   0  
Other [5]   0    
Continuing Operations | All Other        
Segment Reporting Information [Line Items]        
Adjusted EBITDA 6,262 20,971 29,540 63,482
Depreciation and amortization (5,645) (3,492) (16,867) (10,279) [1]
Utilization of inventory markup [2] 0   (3,029)  
Restructuring and other, net [3] 0 0 0 0
Acquisition and integration related costs [4] 0 0 0 0
Interest and financing expenses 0 0 0 0
Income tax expense 0 0 0 0
Loss from discontinued operations (net of tax)   0   0
Non-operating pension and OPEB items 0 0 0 0
Other [5]   0 0 0
Net income attributable to Albemarle Corporation 617 17,479 9,644 53,203
Continuing Operations | Corporate        
Segment Reporting Information [Line Items]        
Adjusted EBITDA (15,890) (20,370) (7,508) (60,087)
Depreciation and amortization (2,712) (722) (6,933) (1,807) [1]
Utilization of inventory markup [2] 0   0  
Restructuring and other, net [3] 6,804 (293) 6,804 (20,625)
Acquisition and integration related costs [4] (42,798) (10,261) (126,487) (15,104)
Interest and financing expenses (32,058) (8,749) (100,986) (26,255)
Income tax expense (16,892) (11,737) (48,171) (46,700)
Loss from discontinued operations (net of tax)   (6,679)   (68,473)
Non-operating pension and OPEB items 1,077 (1,440) 5,900 (14,141)
Other [5]   (7,021) (4,441) (7,021)
Net income attributable to Albemarle Corporation (102,469) (67,272) (281,822) (260,213)
Reportable Segments | Performance Chemicals        
Segment Reporting Information [Line Items]        
Net sales 399,536 299,947 1,224,864 856,221
Adjusted EBITDA 136,209 82,329 415,419 232,668
Reportable Segments | Refining Solutions        
Segment Reporting Information [Line Items]        
Net sales 185,102 218,950 528,841 618,635
Adjusted EBITDA 54,517 61,674 144,910 189,259
Reportable Segments | Chemetall Surface Treatment        
Segment Reporting Information [Line Items]        
Net sales 211,877 0 617,163 0
Adjusted EBITDA 53,898 0 148,344 0
Reportable Segments | Continuing Operations | Performance Chemicals        
Segment Reporting Information [Line Items]        
Adjusted EBITDA 136,209 82,329 415,419 232,668
Depreciation and amortization (31,482) (12,593) (93,608) (37,742) [1]
Utilization of inventory markup [2] (16,834)   (79,239)  
Restructuring and other, net [3]   0   0
Acquisition and integration related costs [4] 0 0 0 0
Interest and financing expenses 0 0 0 0
Income tax expense 0 0 0 0
Loss from discontinued operations (net of tax)   0   0
Non-operating pension and OPEB items 0 0 0 0
Other [5]     0 0
Net income attributable to Albemarle Corporation 87,893 69,736 242,572 194,926
Reportable Segments | Continuing Operations | Refining Solutions        
Segment Reporting Information [Line Items]        
Adjusted EBITDA 54,517 61,674 144,910 189,259
Depreciation and amortization (8,804) (8,823) (25,397) (25,351) [1]
Utilization of inventory markup [2] 0   0  
Restructuring and other, net [3]   0   0
Acquisition and integration related costs [4] 0 0 0 0
Interest and financing expenses 0 0 0 0
Income tax expense 0 0 0 0
Loss from discontinued operations (net of tax)   0   0
Non-operating pension and OPEB items 0 0 0 0
Other [5]     0 0
Net income attributable to Albemarle Corporation 45,713 52,851 119,513 163,908
Reportable Segments | Continuing Operations | Chemetall Surface Treatment        
Segment Reporting Information [Line Items]        
Adjusted EBITDA 53,898 0 148,344 0
Depreciation and amortization (20,260) 0 (57,567) 0 [1]
Utilization of inventory markup [2] 0   (20,030)  
Restructuring and other, net [3]   0   0
Acquisition and integration related costs [4] 0 0 0 0
Interest and financing expenses 0 0 0 0
Income tax expense 0 0 0 0
Loss from discontinued operations (net of tax)   0   0
Non-operating pension and OPEB items 0 0 0 0
Other [5]     0 0
Net income attributable to Albemarle Corporation 33,638 0 70,747 0
Reportable Segments | Continuing Operations | Reportable Segments Subtotal        
Segment Reporting Information [Line Items]        
Adjusted EBITDA 244,624 144,003 708,673 421,927
Depreciation and amortization (60,546) (21,416) (176,572) (63,093) [1]
Utilization of inventory markup [2] (16,834)   (99,269)  
Restructuring and other, net [3]   0   0
Acquisition and integration related costs [4] 0 0 0 0
Interest and financing expenses 0 0 0 0
Income tax expense 0 0 0 0
Loss from discontinued operations (net of tax)   0   0
Non-operating pension and OPEB items 0 0 0 0
Other [5]     0 0
Net income attributable to Albemarle Corporation $ 167,244 $ 122,587 $ 432,832 $ 358,834
[1] Excludes discontinued operations.
[2] In connection with the acquisition of Rockwood, the Company valued Rockwood’s existing inventory at fair value as of the Acquisition Closing Date, which resulted in a markup of the underlying net book value of the inventory totaling approximately $103 million. The inventory markup is being expensed over the estimated remaining selling period. For the three-month and nine-month periods ended September 30, 2015, $7.7 million and $75.4 million, respectively, was included in Cost of goods sold, and Equity in net income of unconsolidated investments was reduced by $9.1 million and $26.9 million, respectively, related to the utilization of the inventory markup.
[3] See Note 15, “Restructuring and Other.”
[4] See Note 2, “Acquisitions.”
[5] Financing-related fees expensed in connection with the acquisition of Rockwood.