Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Calculation of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share are calculated as follows (in thousands, except per share amounts):

	Year Ended December 31,
	2012		2011		2010
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	311,536	$	392,114	$	315,778
Denominator:
Weighted-average common shares for basic earnings per share		89,189		90,522		91,393
Basic earnings per share	$	3.49	$	4.33	$	3.46
Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	311,536	$	392,114	$	315,778
Denominator:
Weighted-average common shares for basic earnings per share		89,189		90,522		91,393
Incremental shares under stock compensation plans		695		1,000		791
Total shares		89,884		91,522		92,184
Diluted earnings per share	$	3.47	$	4.28	$	3.43