Earnings Per Share (Tables)

9 Months Ended

Sep. 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 nine-month periods ended September 30, 2017 and 2016 are calculated as follows (in thousands, except per share amounts):

	Three Months Ended   September 30,						Nine Months Ended   September 30,
	2017			2016			2017			2016
Basic earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	130,193		$	114,512		$	306,539		$	428,334
Net income from continuing operations attributable to noncontrolling interests	(11,523		)	(9,477		)	(33,323		)	(28,906		)
Net income from continuing operations attributable to Albemarle Corporation	$	118,670		$	105,035		$	273,216		$	399,428
Denominator:
Weighted-average common shares for basic earnings per share	110,476			112,429			111,049			112,343
Basic earnings per share from continuing operations	$	1.07		$	0.93		$	2.46		$	3.56
Diluted earnings per share from continuing operations
Numerator:
Net income from continuing operations	$	130,193		$	114,512		$	306,539		$	428,334
Net income from continuing operations attributable to noncontrolling interests	(11,523		)	(9,477		)	(33,323		)	(28,906		)
Net income from continuing operations attributable to Albemarle Corporation	$	118,670		$	105,035		$	273,216		$	399,428
Denominator:
Weighted-average common shares for basic earnings per share	110,476			112,429			111,049			112,343
Incremental shares under stock compensation plans	1,499			1,019			1,407			788
Weighted-average common shares for diluted earnings per share	111,975			113,448			112,456			113,131
Diluted earnings per share from continuing operations	$	1.06		$	0.93		$	2.43		$	3.53