CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended				9 Months Ended
	Sep. 30, 2012		Sep. 30, 2011		Sep. 30, 2012		Sep. 30, 2011
Net sales	$ 661,226		$ 722,977		$ 2,057,824		$ 2,161,615
Cost of goods sold	446,469		464,965		1,352,495		1,418,638
Gross profit	214,757		258,012		705,329		742,977
Selling, general and administrative expenses (Note 13)	59,982		77,169		215,298		233,115
Research and development expenses	19,831		20,534		59,791		58,096
Restructuring and other charges (Note 13)	6,508	[1]			101,211	[1]
Operating profit	128,436		160,309		329,029		451,766
Interest and financing expenses	(7,914)		(9,710)		(25,134)		(28,576)
Other income, net	2,370		956		1,564		534
Income before income taxes and equity in net income of unconsolidated investments	122,892		151,555		305,459		423,724
Income tax expense	26,591	[2]	38,097	[2]	76,804	[2]	100,423	[2]
Income before equity in net income of unconsolidated investments	96,301		113,458		228,655		323,301
Equity in net income of unconsolidated investments (net of tax)	7,935		9,500		29,233		37,118
Net income	104,236		122,958		257,888		360,419
Net income attributable to noncontrolling interests	(4,975)		(6,860)		(12,852)		(23,582)
Net income attributable to Albemarle Corporation	$ 99,261		$ 116,098		$ 245,036		$ 336,837
Basic earnings per share	$ 1.11		$ 1.29		$ 2.75		$ 3.70
Diluted earnings per share	$ 1.10		$ 1.28		$ 2.72		$ 3.66
Weighted-average common shares outstanding - basic	89,327		89,935		89,246		91,094
Weighted-average common shares outstanding - diluted	89,879		90,958		89,959		92,090
Cash dividends declared per share of common stock	$ 0.200		$ 0.165		$ 0.600		$ 0.495

[1] The three-month and nine-month periods ended September 30, 2012 include a settlement charge of $6.5 million ($4.1 million after income taxes) associated with our SERP in connection with the retirement of our former CEO and executive chairman. The nine-month period ended September 30, 2012 also includes charges amounting to $94.7 million ($73.6 million after income taxes) in connection with our exit of the phosphorous flame retardants business.

[2] The three-month and nine-month periods ended September 30, 2012 includes $4.5 million of net tax benefits related principally to the release of various tax reserves for uncertain domestic tax positions due to the expiration of the statute of limitations related to the 2008 tax year.