Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2020

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	85,624	$	154,198	$	192,828	$	287,767
Denominator:
Weighted-average common shares for basic earnings per share	106,329		105,961		106,278		105,880
Basic earnings per share	$	0.81	$	1.46	$	1.81	$	2.72
Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	85,624	$	154,198	$	192,828	$	287,767
Denominator:
Weighted-average common shares for basic earnings per share	106,329		105,961		106,278		105,880
Incremental shares under stock compensation plans	206		355		246		456
Weighted-average common shares for diluted earnings per share	106,535		106,316		106,524		106,336
Diluted earnings per share	$	0.80	$	1.45	$	1.81	$	2.71