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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Net sales $ 821,629 $ 722,063
Cost of goods sold 516,650 467,107
Gross profit 304,979 254,956
Selling, general and administrative expenses 101,370 108,928
Research and development expenses 20,986 24,323
Operating profit 182,623 121,705
Interest and financing expenses (13,538) (68,513)
Other (expenses) income, net (30,476) 265
Income before income taxes and equity in net income of unconsolidated investments 138,609 53,457
Income tax expense 20,361 11,971
Income before equity in net income of unconsolidated investments 118,248 41,486
Equity in net income of unconsolidated investments (net of tax) 20,677 21,171
Net income 138,925 62,657
Net income attributable to noncontrolling interests (7,165) (11,444)
Net income attributable to Albemarle Corporation $ 131,760 $ 51,213
Basic earnings per share (in dollars per share) $ 1.19 $ 0.46
Diluted earnings per share (in dollars per share) $ 1.18 $ 0.45
Weighted-average common shares outstanding - basic (in shares) 110,681 111,986
Weighted-average common shares outstanding - diluted (in shares) 111,867 113,289
Cash dividends declared per share of common stock (in dollars per share) $ 0.335 $ 0.32