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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, 2020   106,842,369          
Beginning 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]              
Net income 199,942       123,672 123,672 76,270
Other comprehensive income (loss) (66,478)     (66,318)   (66,318) (160)
Cash dividends declared (278,521)       (182,385) (182,385) (96,136)
Stock-based compensation 18,818   18,818     18,818  
Fees related to public issuance of common stock (888)   (888)     (888)  
Exercise of stock options (in shares)   302,151          
Exercise of stock options 18,392 $ 3 18,389     18,392  
Issuance of common stock, net (in shares)   9,919,755          
Issuance of common stock, net 1,453,888 $ 99 1,453,789     1,453,888  
Shares withheld for withholding taxes associated with common stock issuances (in shares)   (48,942)          
Shares withheld for withholding taxes associated with common stock issuances (8,140) $ (1) (8,139)     (8,140)  
Ending balance (in shares) at Dec. 31, 2021   117,015,333          
Ending balance at Dec. 31, 2021 5,805,607 $ 1,170 2,920,007 (392,450) 3,096,539 5,625,266 180,341
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 2,815,131       2,689,816 2,689,816 125,315
Other comprehensive income (loss) (168,295)     (168,212)   (168,212) (83)
Cash dividends declared (282,431)       (185,078) (185,078) (97,353)
Stock-based compensation 31,390   31,390     31,390  
Exercise of stock options (in shares)   32,581          
Exercise of stock options 2,396 $ 1 2,395     2,396  
Issuance of common stock, net (in shares)   186,768          
Issuance of common stock, net 387 $ 2 385     387  
Shares withheld for withholding taxes associated with common stock issuances (in shares)   (66,316)          
Shares withheld for withholding taxes associated with common stock issuances (13,338) $ (1) (13,337)     (13,338)  
Ending balance (in shares) at Dec. 31, 2022   117,168,366          
Ending balance at Dec. 31, 2022 8,190,847 $ 1,172 2,940,840 (560,662) 5,601,277 7,982,627 208,220
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 1,670,543       1,573,476 1,573,476 97,067
Other comprehensive income (loss) 32,254     32,136   32,136 118
Cash dividends declared (240,224)       (187,738) (187,738) (52,486)
Stock-based compensation $ 38,957   38,957     38,957  
Exercise of stock options (in shares) 3,124 3,124          
Exercise of stock options $ 190 $ 0 190     190  
Issuance of common stock, net (in shares)   298,781          
Issuance of common stock, net 0 $ 3 (3)     0  
Shares withheld for withholding taxes associated with common stock issuances (in shares)   (114,001)          
Shares withheld for withholding taxes associated with common stock issuances (27,468) $ (1) (27,467)     (27,468)  
Ending balance (in shares) at Dec. 31, 2023   117,356,270          
Ending balance at Dec. 31, 2023 $ 9,665,099 $ 1,174 $ 2,952,517 $ (528,526) $ 6,987,015 $ 9,412,180 $ 252,919