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Consolidated Statements Of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Consolidated Statements Of Income [Abstract]    
Net sales $ 711,704 $ 696,530
Cost of goods sold 463,817 463,514
Gross profit 247,887 233,016
Selling, general and administrative expenses (Note 13) 80,692 73,039
Research and development expenses 19,049 17,615
Operating profit 148,146 142,362
Interest and financing expenses (8,734) (9,592)
Other (expenses) income, net (118) 338
Income before income taxes and equity in net income of unconsolidated investments 139,294 133,108
Income tax expense 35,466 32,172
Income before equity in net income of unconsolidated investments 103,828 100,936
Equity in net income of unconsolidated investments (net of tax) 8,586 12,831
Net income 112,414 113,767
Net income attributable to noncontrolling interests (4,371) (7,187)
Net income attributable to Albemarle Corporation $ 108,043 $ 106,580
Basic earnings per share $ 1.21 $ 1.16
Diluted earnings per share $ 1.20 $ 1.15
Weighted-average common shares outstanding - basic 88,997 91,633
Weighted-average common shares outstanding - diluted 89,947 92,517
Cash dividends declared per share of common stock $ 0.20 $ 0.165