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Calculation of Basic and Diluted Earnings Per Share (Detail) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2011
Sep. 30, 2011
Jun. 30, 2011
Mar. 31, 2011
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Basic earnings per share                      
Net income attributable to Albemarle Corporation $ 37,726 $ 109,459 [1] $ 50,089 [2] $ 114,262 [3] $ 45,548 [4] $ 120,662 [5] $ 114,843 [6] $ 111,061 [7] $ 311,536 $ 392,114 $ 315,778
Weighted-average common shares for basic earnings per share 89,018 89,327 [1] 89,414 [2] 88,997 [3] 88,805 [4] 89,935 [5] 91,713 [6] 91,633 [7] 89,189 90,522 91,393
Basic earnings per share $ 0.42 $ 1.23 [1] $ 0.56 [2] $ 1.28 [3] $ 0.51 [4] $ 1.34 [5] $ 1.25 [6] $ 1.21 [7] $ 3.49 $ 4.33 $ 3.46
Diluted earnings per share                      
Net income attributable to Albemarle Corporation $ 37,726 $ 109,459 [1] $ 50,089 [2] $ 114,262 [3] $ 45,548 [4] $ 120,662 [5] $ 114,843 [6] $ 111,061 [7] $ 311,536 $ 392,114 $ 315,778
Weighted-average common shares for basic earnings per share 89,018 89,327 [1] 89,414 [2] 88,997 [3] 88,805 [4] 89,935 [5] 91,713 [6] 91,633 [7] 89,189 90,522 91,393
Incremental shares under stock compensation plans                 695 1,000 791
Total shares 89,660 89,879 [1] 90,051 [2] 89,947 [3] 89,819 [4] 90,958 [5] 92,795 [6] 92,517 [7] 89,884 91,522 92,184
Diluted earnings per share $ 0.42 $ 1.22 [1] $ 0.56 [2] $ 1.27 [3] $ 0.51 [4] $ 1.33 [5] $ 1.24 [6] $ 1.20 [7] $ 3.47 $ 4.28 $ 3.43
[1] As a result of our change in method of accounting relating to our global pension and OPEB plans in the fourth quarter of 2012, third quarter 2012 results were retrospectively adjusted resulting in increases to Gross profit of $3.0 million, Net income attributable to Albemarle Corporation of $10.2 million, Basic earnings per share of $0.12 and Diluted earnings per share of $0.12, and a decrease to Restructuring and other charges, net of $6.5 million.
[2] As a result of our change in method of accounting relating to our global pension and OPEB plans in the fourth quarter of 2012, second quarter 2012 results were retrospectively adjusted resulting in increases to Gross profit of $6.6 million, Net income attributable to Albemarle Corporation of $12.4 million, Basic earnings per share of $0.14 and Diluted earnings per share of $0.14.
[3] As a result of our change in method of accounting relating to our global pension and OPEB plans in the fourth quarter of 2012, first quarter 2012 results were retrospectively adjusted resulting in increases to Gross profit of $3.1 million, Net income attributable to Albemarle Corporation of $6.2 million, Basic earnings per share of $0.07 and Diluted earnings per share of $0.07.
[4] As a result of our change in method of accounting relating to our global pension and OPEB plans in the fourth quarter of 2012, fourth quarter 2011 results were retrospectively adjusted resulting in decreases to Gross profit of $27.3 million, Net income attributable to Albemarle Corporation of $53.9 million, Basic earnings per share of $0.61 and Diluted earnings per share of $0.60.
[5] As a result of our change in method of accounting relating to our global pension and OPEB plans in the fourth quarter of 2012, third quarter 2011 results were retrospectively adjusted resulting in increases to Gross profit of $2.4 million, Net income attributable to Albemarle Corporation of $4.6 million, Basic earnings per share of $0.05 and Diluted earnings per share of $0.05.
[6] As a result of our change in method of accounting relating to our global pension and OPEB plans in the fourth quarter of 2012, second quarter 2011 results were retrospectively adjusted resulting in increases to Gross profit of $0.4 million, Net income attributable to Albemarle Corporation of $0.7 million, Basic earnings per share of $0.01 and Diluted earnings per share of $0.01.
[7] As a result of our change in method of accounting relating to our global pension and OPEB plans in the fourth quarter of 2012, first quarter 2011 results were retrospectively adjusted resulting in increases to Gross profit of $2.3 million, Net income attributable to Albemarle Corporation of $4.5 million, Basic earnings per share of $0.05 and Diluted earnings per share of $0.05.