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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, 2017   110,546,674          
Beginning 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]              
Cash dividends declared (in dollars per share) $ 1.34            
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)
Cumulative adjustments from adoption of income tax standard updates (18,100)            
Stock-based compensation 21,284   21,284     21,284  
Exercise of stock options (in shares)   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
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends declared (in dollars per share) $ 1.47            
Net income $ 446,615       375,764 375,764 70,851
Other comprehensive income (loss) 69,850     69,603   69,603 247
Cash dividends declared (196,051)       (163,990) (163,990) (32,061)
Stock-based compensation $ 19,306   19,306     19,306  
Exercise of stock options (in shares) 682,068 682,068          
Exercise of stock options $ 40,437 $ 7 40,430     40,437  
Issuance of common stock, net (in shares)   185,918          
Issuance of common stock, net 0 $ 2 (2)     0  
Shares withheld for withholding taxes associated with common stock issuances (in shares)   (65,832)          
Shares withheld for withholding taxes associated with common stock issuances (5,143) $ (1) (5,142)     (5,143)  
Ending balance (in shares) at Dec. 31, 2020   106,842,369          
Ending balance at Dec. 31, 2020 $ 4,468,594 $ 1,069 $ 1,438,038 $ (326,132) $ 3,155,252 $ 4,268,227 $ 200,367
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Cash dividends declared (in dollars per share) $ 1.54