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Earnings Per Share
 6 Months Ended
Jun. 30, 2016
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, 2016 and 2015 are calculated as follows (in thousands, except per share amounts):
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2016
 
2015
 
2016
 
2015
Basic earnings per share from continuing operations
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
95,586

 
$
49,218

 
$
313,822

 
$
98,471

Net income from continuing operations attributable to noncontrolling interests
(12,067
)
 
(7,193
)
 
(19,429
)
 
(11,233
)
Net income from continuing operations attributable to Albemarle Corporation
$
83,519

 
$
42,025

 
$
294,393

 
$
87,238

Denominator:
 
 
 
 
 
 
 
Weighted-average common shares for basic earnings per share
112,339

 
112,189

 
112,300

 
110,160

Basic earnings per share from continuing operations
$
0.74

 
$
0.37

 
$
2.62

 
$
0.79

 
 
 
 
 
 
 
 
Diluted earnings per share from continuing operations
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income from continuing operations
$
95,586

 
$
49,218

 
$
313,822

 
$
98,471

Net income from continuing operations attributable to noncontrolling interests
(12,067
)
 
(7,193
)
 
(19,429
)
 
(11,233
)
Net income from continuing operations attributable to Albemarle Corporation
$
83,519

 
$
42,025

 
$
294,393

 
$
87,238

Denominator:
 
 
 
 
 
 
 
Weighted-average common shares for basic earnings per share
112,339

 
112,189

 
112,300

 
110,160

Incremental shares under stock compensation plans
836

 
418

 
673

 
376

Weighted-average common shares for diluted earnings per share
113,175

 
112,607

 
112,973

 
110,536

Diluted earnings per share from continuing operations
$
0.74

 
$
0.37

 
$
2.61

 
$
0.79


On February 26, 2016, the Company increased the regular quarterly dividend by 5% to $0.305 per share. On May 10, 2016, the Company declared a cash dividend of $0.305 per share, which was paid on July 1, 2016 to shareholders of record at the close of business as of June 15, 2016. On July 11, 2016, the Company declared a cash dividend of $0.305 per share, which is payable on October 3, 2016 to shareholders of record at the close of business as of September 15, 2016.