Earnings Per Share

3 Months Ended

Mar. 31, 2019

Earnings Per Share:

Basic and diluted earnings per share for the three-month periods ended March 31, 2019 and 2018 are calculated as follows (in thousands, except per share amounts):



	Three Months Ended March 31,
	2019		2018
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	133,569	$	131,760
Denominator:
Weighted-average common shares for basic earnings per share	105,799		110,681
Basic earnings per share	$	1.26	$	1.19

Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	133,569	$	131,760
Denominator:
Weighted-average common shares for basic earnings per share	105,799		110,681
Incremental shares under stock compensation plans	557		1,186
Weighted-average common shares for diluted earnings per share	106,356		111,867
Diluted earnings per share	$	1.26	$	1.18

At March 31, 2019, there were 119,265 common stock equivalents not included in the computation of diluted earnings per share because their effect would have been anti-dilutive.

On February 26, 2019, the Company increased the regular quarterly dividend by 10% to $0.3675 per share and declared a cash dividend of said amount for the first quarter of 2019, which was paid on April 1, 2019 to shareholders of record at the close of business as of March 15, 2019. On May 8, 2019, the Company declared a cash dividend of $0.3675 per share, which is payable on July 1, 2019 to shareholders of record at the close of business as of June 14, 2019.