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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2016
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 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