Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

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, 2020 and 2019 are calculated as follows (in thousands, except per share amounts):

	Three Months Ended March 31,
	2020		2019
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	107,204	$	133,569
Denominator:
Weighted-average common shares for basic earnings per share	106,227		105,799
Basic earnings per share	$	1.01	$	1.26
Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	107,204	$	133,569
Denominator:
Weighted-average common shares for basic earnings per share	106,227		105,799
Incremental shares under stock compensation plans	285		557
Weighted-average common shares for diluted earnings per share	106,512		106,356
Diluted earnings per share	$	1.01	$	1.26