Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2017

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 periods ended March 31, 2017 and 2016 are calculated as follows (in thousands, except per share amounts):

	Three Months Ended   March 31,
	2017			2016
Basic earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	62,657		$	218,236
Net income from continuing operations attributable to noncontrolling interests	(11,444		)	(7,362		)
Net income from continuing operations attributable to Albemarle Corporation	$	51,213		$	210,874
Denominator:
Weighted-average common shares for basic earnings per share	111,986			112,260
Basic earnings per share from continuing operations	$	0.46		$	1.88
Diluted earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	62,657		$	218,236
Net income from continuing operations attributable to noncontrolling interests	(11,444		)	(7,362		)
Net income from continuing operations attributable to Albemarle Corporation	$	51,213		$	210,874
Denominator:
Weighted-average common shares for basic earnings per share	111,986			112,260
Incremental shares under stock compensation plans	1,303			510
Weighted-average common shares for diluted earnings per share	113,289			112,770
Diluted earnings per share from continuing operations	$	0.45		$	1.87