Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2019

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earning 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