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Consolidated Statements of (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income Statement [Abstract]        
Net sales $ 669,327 $ 718,290 $ 1,326,538 $ 1,410,603
Cost of goods sold 421,223 506,259 835,900 1,007,188
Gross profit 248,104 212,031 490,638 403,415
Selling, general and administrative expenses 86,055 88,010 168,686 171,660
Research and development expenses 20,500 21,925 40,372 45,421
Gain on sales of businesses, net (974) 0 (122,298) 0
Acquisition and integration related costs 19,030 22,832 37,588 80,657
Operating profit 123,493 79,264 366,290 105,677
Interest and financing expenses (15,800) (20,599) (30,914) (42,899)
Other (expenses) income, net (2,297) 286 (2,250) 50,110
Income from continuing operations before income taxes and equity in net income of unconsolidated investments 105,396 58,951 333,126 112,888
Income tax expense 23,656 14,851 49,141 28,636
Income from continuing operations before equity in net income of unconsolidated investments 81,740 44,100 283,985 84,252
Equity in net income of unconsolidated investments (net of tax) 13,846 5,118 29,837 14,219
Net income from continuing operations 95,586 49,218 313,822 98,471
(Loss) income from discontinued operations (net of tax) (398,340) 10,122 (381,028) 8,024
Net (loss) income (302,754) 59,340 (67,206) 106,495
Net income attributable to noncontrolling interests (12,067) (7,193) (19,429) (11,233)
Net (loss) income attributable to Albemarle Corporation $ (314,821) $ 52,147 $ (86,635) $ 95,262
Basic earnings per share from continuing operations (in dollars per share) $ 0.74 $ 0.37 $ 2.62 $ 0.79
Basic (loss) earnings per share from discontinued operations (in dollars per share) (3.54) 0.09 (3.39) 0.07
Basic (loss) earnings per share (in dollars per share) (2.80) 0.46 (0.77) 0.86
Diluted earnings per share from continuing operations (in dollars per share) 0.74 0.37 2.61 0.79
Diluted (loss) earnings per share from discontinued operations (in dollars per share) (3.52) 0.09 (3.38) 0.07
Diluted (loss) earnings per share (in dollars per share) $ (2.78) $ 0.46 $ (0.77) $ 0.86
Weighted-average common shares outstanding - basic (in shares) 112,339 112,189 112,300 110,160
Weighted-average common shares outstanding - diluted (in shares) 113,175 112,607 112,973 110,536
Cash dividends declared per share of common stock (in dollars per share) $ 0.305 $ 0.29 $ 0.61 $ 0.58