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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Net sales $ 722,063 $ 657,211
Cost of goods sold 466,975 414,677
Gross profit 255,088 242,534
Selling, general and administrative expenses 108,001 82,631
Research and development expenses 24,323 19,872
Gain on sales of businesses, net 0 (121,324)
Acquisition and integration related costs 0 18,558
Operating profit 122,764 242,797
Interest and financing expenses (68,513) (15,114)
Other (expenses) income, net (794) 47
Income from continuing operations before income taxes and equity in net income of unconsolidated investments 53,457 227,730
Income tax expense 11,971 25,485
Income from continuing operations before equity in net income of unconsolidated investments 41,486 202,245
Equity in net income of unconsolidated investments (net of tax) 21,171 15,991
Net income from continuing operations 62,657 218,236
Income from discontinued operations (net of tax) 0 17,312
Net income 62,657 235,548
Net income attributable to noncontrolling interests (11,444) (7,362)
Net income attributable to Albemarle Corporation $ 51,213 $ 228,186
Basic earnings per share:    
Basic earnings per share from continuing operations (in dollars per share) $ 0.46 $ 1.88
Basic earnings per share from discontinued operations (in dollars per share) 0.00 0.15
Basic earnings per share (in dollars per share) 0.46 2.03
Diluted earnings per share:    
Diluted earnings per share from continuing operations (in dollars per share) 0.45 1.87
Diluted earnings per share from discontinued operations (in dollars per share) 0.00 0.15
Diluted earnings per share (in dollars per share) $ 0.45 $ 2.02
Weighted-average common shares outstanding - basic (in shares) 111,986 112,260
Weighted-average common shares outstanding - diluted (in shares) 113,289 112,770
Cash dividends declared per share of common stock (in dollars per share) $ 0.32 $ 0.305