Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 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 and six-month periods ended June 30, 2017 and 2016 are calculated as follows (in thousands, except per share amounts):

	Three Months Ended   June 30,						Six Months Ended   June 30,
	2017			2016			2017			2016
Basic earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	113,689		$	95,586		$	176,346		$	313,822
Net income from continuing operations attributable to noncontrolling interests	(10,356		)	(12,067		)	(21,800		)	(19,429		)
Net income from continuing operations attributable to Albemarle Corporation	$	103,333		$	83,519		$	154,546		$	294,393
Denominator:
Weighted-average common shares for basic earnings per share	110,686			112,339			111,336			112,300
Basic earnings per share from continuing operations	$	0.93		$	0.74		$	1.39		$	2.62
Diluted earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	113,689		$	95,586		$	176,346		$	313,822
Net income from continuing operations attributable to noncontrolling interests	(10,356		)	(12,067		)	(21,800		)	(19,429		)
Net income from continuing operations attributable to Albemarle Corporation	$	103,333		$	83,519		$	154,546		$	294,393
Denominator:
Weighted-average common shares for basic earnings per share	110,686			112,339			111,336			112,300
Incremental shares under stock compensation plans	1,419			836			1,361			673
Weighted-average common shares for diluted earnings per share	112,105			113,175			112,697			112,973
Diluted earnings per share from continuing operations	$	0.92		$	0.74		$	1.37		$	2.61