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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2025
Earnings Per Share [Abstract]  
Calculation of Basic and Diluted Loss Per Share
Basic and diluted loss per share for the three-month and six-month periods ended June 30, 2025 and 2024 are calculated as follows (in thousands, except per share amounts):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Basic loss per share
Numerator:
Net income (loss) attributable to Albemarle Corporation$22,897 $(188,198)$64,245 $(185,750)
Mandatory convertible preferred stock dividends(41,687)(41,688)(83,375)(53,272)
Net loss attributable to Albemarle Corporation common shareholders$(18,790)$(229,886)$(19,130)$(239,022)
Denominator:
Weighted-average common shares for basic loss per share117,665 117,528 117,634 117,489 
Basic loss per share$(0.16)$(1.96)$(0.16)$(2.03)
Diluted loss per share
Numerator:
Net income (loss) attributable to Albemarle Corporation$22,897 $(188,198)$64,245 $(185,750)
Mandatory convertible preferred stock dividends(41,687)(41,688)(83,375)(53,272)
Net loss attributable to Albemarle Corporation common shareholders$(18,790)$(229,886)$(19,130)$(239,022)
Denominator:
Weighted-average common shares for diluted loss per share117,665 117,528 117,634 117,489 
Diluted loss per share$(0.16)$(1.96)$(0.16)$(2.03)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
The following table summarizes the number of shares, calculated on a weighted average basis, not included in the computation of diluted earnings per share because their effect would have been anti-dilutive (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Shares assuming the conversion of the mandatory convertible preferred stock21,022 19,411 21,022 12,841 
Shares under the stock compensation plans1,543 1,140 1,352 1,018