Operating Segments (Tables)

9 Months Ended

Sep. 30, 2011

Operating Segments

Summarized Financial Information

	Three Months Ended September 30,						Nine Months Ended September 30,
	2011			2010			2011			2010
	(In thousands)
Net sales:
Polymer Solutions	$	243,931		$	231,847		$	792,604		$	683,789
Catalysts		299,531			214,785			827,339			658,438
Fine Chemistry		179,515			138,404			541,672			415,562
Total net sales	$	722,977		$	585,036		$	2,161,615		$	1,757,789
Segment operating profit:
Polymer Solutions	$	55,219		$	58,699		$	203,900		$	145,193
Catalysts		93,682			61,721			209,251			167,056
Fine Chemistry		34,793			17,799			111,387			50,251
Total segment operating profit		183,694			138,219			524,538			362,500
Equity in net income of unconsolidated investments:
Polymer Solutions		1,357			2,040			6,496			6,859
Catalysts		8,170			7,166			30,796			23,173
Fine Chemistry		—			—			—			—
Corporate & Other		(27	)		(27	)		(174	)		(82	)
Total equity in net income of unconsolidated investments		9,500			9,179			37,118			29,950
Net income attributable to noncontrolling interests:
Polymer Solutions		(2,021	)		(2,235	)		(9,200	)		(4,749	)
Catalysts		—			—			—			—
Fine Chemistry		(4,789	)		(1,291	)		(14,439	)		(4,443	)
Corporate & Other		(50	)		195			57			(80	)
Total net income attributable to noncontrolling interests		(6,860	)		(3,331	)		(23,582	)		(9,272	)
Segment income:
Polymer Solutions		54,555			58,504			201,196			147,303
Catalysts		101,852			68,887			240,047			190,229
Fine Chemistry		30,004			16,508			96,948			45,808
Total segment income		186,411			143,899			538,191			383,340
Corporate & other		(23,462	)		(17,488	)		(72,889	)		(52,242	)
Restructuring and other charges(1)		—			—			—			(6,958	)
Interest and financing expenses		(9,710	)		(6,139	)		(28,576	)		(18,059	)
Other income, net		956			1,303			534			1,584
Income tax expense		(38,097	)		(27,886	)		(100,423	)		(68,917	)
Net income attributable to Albemarle Corporation	$	116,098		$	93,689		$	336,837		$	238,748

(1) The nine-month period ended September 30, 2010 included charges amounting to $6,958 ($4,593 after income taxes) associated with restructuring costs related to reductions in force at our Bergheim, Germany site.