XML 54 R37.htm IDEA: XBRL DOCUMENT v3.10.0.1
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Earnings Per Share
Basic and diluted earnings per share from continuing operations are calculated as follows (in thousands, except per share amounts):
 
Year Ended December 31,
 
2018
 
2017
 
2016
Basic earnings per share from continuing operations
 
 
 
 
 
Numerator:
 
 
 
 
 
Net income from continuing operations
$
739,139

 
$
99,468

 
$
478,638

Net income from continuing operations attributable to noncontrolling interests
(45,577
)
 
(44,618
)
 
(37,094
)
Net income from continuing operations attributable to Albemarle Corporation
$
693,562

 
$
54,850

 
$
441,544

Denominator:
 
 
 
 
 
Weighted-average common shares for basic earnings per share
108,427

 
110,914

 
112,379

Basic earnings per share from continuing operations
$
6.40

 
$
0.49

 
$
3.93

Diluted earnings per share from continuing operations
 
 
 
 
 
Numerator:
 
 
 
 
 
Net income from continuing operations
$
739,139

 
$
99,468

 
$
478,638

Net income from continuing operations attributable to noncontrolling interests
(45,577
)
 
(44,618
)
 
(37,094
)
Net income from continuing operations attributable to Albemarle Corporation
$
693,562

 
$
54,850

 
$
441,544

Denominator:
 
 
 
 
 
Weighted-average common shares for basic earnings per share
108,427

 
110,914

 
112,379

Incremental shares under stock compensation plans
1,031

 
1,466

 
860

Weighted-average common shares for diluted earnings per share
109,458

 
112,380

 
113,239

Diluted earnings per share from continuing operations
$
6.34

 
$
0.49

 
$
3.90