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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net sales $ 832,064 $ 821,629
Cost of goods sold 548,578 516,650
Gross profit 283,486 304,979
Selling, general and administrative expenses 113,355 101,370
Research and development expenses 14,977 20,986
Operating profit 155,154 182,623
Interest and financing expenses (12,586) (13,538)
Other income (expenses), net 11,291 (30,476)
Income before income taxes and equity in net income of unconsolidated investments 153,859 138,609
Income tax expense 37,514 20,361
Income before equity in net income of unconsolidated investments 116,345 118,248
Equity in net income of unconsolidated investments (net of tax) 35,181 20,677
Net income 151,526 138,925
Net income attributable to noncontrolling interests (17,957) (7,165)
Net income attributable to Albemarle Corporation $ 133,569 $ 131,760
Basic earnings per share (in dollars per share) $ 1.26 $ 1.19
Diluted earnings per share (in dollars per share) $ 1.26 $ 1.18
Weighted-average common shares outstanding - basic (in shares) 105,799 110,681
Weighted-average common shares outstanding - diluted (in shares) 106,356 111,867