Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2021

Calculation of Basic and Diluted Earning Per Share

Basic and diluted earnings per share for the three-month periods ended March 31, 2021 and 2020 are calculated as follows (in thousands, except per share amounts):


	Three Months Ended March 31,
		2021		2020
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation		$	95,677	$	107,204
Denominator:
Weighted-average common shares for basic earnings per share		112,592		106,227
Basic earnings per share		$	0.85	$	1.01

Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation		$	95,677	$	107,204
Denominator:
Weighted-average common shares for basic earnings per share		112,592		106,227
Incremental shares under stock compensation plans		738		285
Weighted-average common shares for diluted earnings per share		113,330		106,512
Diluted earnings per share		$	0.84	$	1.01