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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net sales $ 2,677,203 $ 2,826,429 $ 2,445,548
Cost of goods sold 1,706,627 1,966,196 1,674,700
Gross profit 970,576 860,233 770,848
Selling, general and administrative expenses 380,464 300,440 355,135
Research and development expenses 80,475 89,187 88,310
Restructuring and other, net 0 (6,804) 25,947
Gain on sales of businesses, net (122,298) 0 0
Acquisition and integration related costs 57,384 132,299 30,158
Operating profit 574,551 345,111 271,298
Interest and financing expenses (65,181) (81,650) (41,358)
Other income (expenses), net 5,894 47,283 (16,761)
Income from continuing operations before income taxes and equity in net income of unconsolidated investments 515,264 310,744 213,179
Income tax expense 96,263 11,134 18,484
Income from continuing operations before equity in net income of unconsolidated investments 419,001 299,610 194,695
Equity in net income of unconsolidated investments (net of tax) 59,637 27,978 35,742
Net income from continuing operations 478,638 327,588 230,437
Income (loss) from discontinued operations (net of tax) 202,131 32,476 (69,531)
Net income 680,769 360,064 160,906
Net income attributable to noncontrolling interests (37,094) (25,158) (27,590)
Net income attributable to Albemarle Corporation $ 643,675 $ 334,906 $ 133,316
Basic earnings (loss) per share:      
Basic earnings per share from continuing operations (in dollars per share) $ 3.93 $ 2.72 $ 2.57
Basic earnings (loss) per share from discontinued operations (in dollars per share) 1.80 0.29 (0.88)
Basic earnings per share (in dollars per share) 5.73 3.01 1.69
Diluted earnings (loss) per share:      
Diluted earnings per share from continuing operations (in dollars per share) 3.9 2.71 2.57
Diluted earnings (loss) per share from discontinued operations (in dollars per share) 1.78 0.29 (0.88)
Diluted earnings per share (in dollars per share) $ 5.68 $ 3.00 $ 1.69
Weighted-average common shares outstanding—basic (in shares) 112,379 111,182 78,696
Weighted-average common shares outstanding—diluted (in shares) 113,239 111,556 79,102
Cash dividends declared per share of common stock (in dollars per share) $ 1.22 $ 1.16 $ 1.10