Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earning Per Share

Basic and diluted earnings per share for the three-month and six-month periods ended June 30, 2019 and 2018 are calculated as follows (in thousands, except per share amounts):

	Three Months Ended   June 30,				Six Months Ended   June 30,
	2019		2018		2019		2018
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	154,198	$	302,461	$	287,767	$	434,221
Denominator:
Weighted-average common shares for basic earnings per share	105,961		109,671		105,880		110,176
Basic earnings per share	$	1.46	$	2.76	$	2.72	$	3.94
Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	154,198	$	302,461	$	287,767	$	434,221
Denominator:
Weighted-average common shares for basic earnings per share	105,961		109,671		105,880		110,176
Incremental shares under stock compensation plans	355		988		456		1,087
Weighted-average common shares for diluted earnings per share	106,316		110,659		106,336		111,263
Diluted earnings per share	$	1.45	$	2.73	$	2.71	$	3.90