Earnings Per Share (Tables)

9 Months Ended

Sep. 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 nine-month periods ended September 30, 2016 and 2015 are calculated as follows (in thousands, except per share amounts):

	Three Months Ended   September 30,						Nine Months Ended   September 30,
	2016			2015			2016			2015
Basic earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	114,512		$	59,842		$	428,334		$	158,313
Net income from continuing operations attributable to noncontrolling interests	(9,477		)	(5,447		)	(28,906		)	(16,680		)
Net income from continuing operations attributable to Albemarle Corporation	$	105,035		$	54,395		$	399,428		$	141,633
Denominator:
Weighted-average common shares for basic earnings per share	112,429			112,202			112,343			110,840
Basic earnings per share from continuing operations	$	0.93		$	0.48		$	3.56		$	1.28
Diluted earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	114,512		$	59,842		$	428,334		$	158,313
Net income from continuing operations attributable to noncontrolling interests	(9,477		)	(5,447		)	(28,906		)	(16,680		)
Net income from continuing operations attributable to Albemarle Corporation	$	105,035		$	54,395		$	399,428		$	141,633
Denominator:
Weighted-average common shares for basic earnings per share	112,429			112,202			112,343			110,840
Incremental shares under stock compensation plans	1,019			342			788			365
Weighted-average common shares for diluted earnings per share	113,448			112,544			113,131			111,205
Diluted earnings per share from continuing operations	$	0.93		$	0.48		$	3.53		$	1.27