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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Retained Earnings
Total Albemarle Shareholders’ Equity
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2016   112,523,790          
Beginning balance at Dec. 31, 2016 $ 3,942,604 $ 1,125 $ 2,084,418 $ (412,412) $ 2,121,931 $ 3,795,062 $ 147,542
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 99,468       54,850 54,850 44,618
Other comprehensive income (loss) 187,631     186,744   186,744 887
Cash dividends declared (178,374)       (141,618) (141,618) (36,756)
Stock-based compensation 16,505   16,505     16,505  
Exercise of stock options (in shares)   210,432          
Exercise of stock options 8,238 $ 2 8,236     8,238  
Shares repurchased (in shares)   2,341,083          
Shares repurchased 250,000 $ 23 249,977     250,000  
Issuance of common stock, net (in shares)   243,024          
Issuance of common stock, net 0 $ 2 (2)     0  
Termination of Tianqi Lithium Corporation option agreement 0   13,144     13,144 (13,144)
Shares withheld for withholding taxes associated with common stock issuances (in shares)   (89,489)          
Shares withheld for withholding taxes associated with common stock issuances (8,376) $ (1) (8,375)     (8,376)  
Ending balance (in shares) at Dec. 31, 2017   110,546,674          
Ending balance at Dec. 31, 2017 3,817,696 $ 1,105 1,863,949 (225,668) 2,035,163 3,674,549 143,147
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 739,139       693,562 693,562 45,577
Other comprehensive income (loss) (125,195)     (125,014)   (125,014) (181)
Cash dividends declared (159,357)       (144,601) (144,601) (14,756)
Cumulative adjustments from adoption of income tax standard updates (18,074)       (18,074) (18,074)  
Stock-based compensation 18,506   18,506     18,506  
Exercise of stock options (in shares)   94,031          
Exercise of stock options 3,633 $ 1 3,632     3,633  
Shares repurchased (in shares)   (5,262,654)          
Shares repurchased (500,000) $ (53) (499,947)     (500,000)  
Issuance of common stock, net (in shares)   383,974          
Issuance of common stock, net 0 $ 4 (4)     0  
Shares withheld for withholding taxes associated with common stock issuances (in shares)   (145,997)          
Shares withheld for withholding taxes associated with common stock issuances (17,240) $ (1) (17,239)     (17,240)  
Ending balance (in shares) at Dec. 31, 2018   105,616,028          
Ending balance at Dec. 31, 2018 3,759,108 $ 1,056 1,368,897 (350,682) 2,566,050 3,585,321 173,787
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 604,357       533,228 533,228 71,129
Other comprehensive income (loss) (45,520)     (45,053)   (45,053) (467)
Cash dividends declared (238,987)       (155,800) (155,800) (83,187)
Stock-based compensation $ 21,284   21,284     21,284  
Exercise of stock options (in shares) 161,909 161,909          
Exercise of stock options $ 4,814 $ 2 4,812     4,814  
Issuance of common stock, net (in shares)   396,269          
Issuance of common stock, net 0 $ 4 (4)     0  
Increase in ownership interest of noncontrolling interest (445)   (513)     (513) 68
Shares withheld for withholding taxes associated with common stock issuances (in shares)   (133,991)          
Shares withheld for withholding taxes associated with common stock issuances (11,031) $ (1) (11,030)     (11,031)  
Ending balance (in shares) at Dec. 31, 2019   106,040,215          
Ending balance at Dec. 31, 2019 $ 4,093,580 $ 1,061 $ 1,383,446 $ (395,735) $ 2,943,478 $ 3,932,250 $ 161,330