Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2013

Calculation of Basic and Diluted Earning Per Share

Basic and diluted earnings per share for the three-month periods ended March 31, 2013 and 2012 are calculated as follows:

	Three Months Ended March 31,
	2013		2012
	(In thousands, except per share amounts)
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	83,987	$	114,262
Denominator:
Weighted-average common shares for basic earnings per share		88,719		88,997
Basic earnings per share	$	0.95	$	1.28
Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	83,987	$	114,262
Denominator:
Weighted-average common shares for basic earnings per share		88,719		88,997
Incremental shares under stock compensation plans		517		950
Total shares		89,236		89,947
Diluted earnings per share	$	0.94	$	1.27