Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

Calculation of Basic and Diluted Earning Per Share

Basic and diluted earnings per share for the three-month and six-month periods ended June 30, 2013 and 2012 are calculated as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
	(In thousands, except per share amounts)
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	82,739	$	50,089	$	166,726	$	164,351
Denominator:
Weighted-average common shares for basic earnings per share		84,028		89,414		86,374		89,206
Basic earnings per share	$	0.98	$	0.56	$	1.93	$	1.84
Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation	$	82,739	$	50,089	$	166,726	$	164,351
Denominator:
Weighted-average common shares for basic earnings per share		84,028		89,414		86,374		89,206
Incremental shares under stock compensation plans		461		637		488		793
Total shares		84,489		90,051		86,862		89,999
Diluted earnings per share	$	0.98	$	0.56	$	1.92	$	1.83