Operating Segments (Tables)

6 Months Ended

Jun. 30, 2013

Reportable Segments Summarized Financial Information

Summarized financial information concerning our reportable segments is shown in the following table. Corporate & other includes corporate-related items not allocated to the reportable segments.

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
	(In thousands)
Net sales:
Polymer Solutions	$	224,316		$	247,016		$	439,090		$	475,147
Catalysts		233,818			229,144			469,391			522,666
Fine Chemistry		176,063			208,734			367,341			398,785
Total net sales	$	634,197		$	684,894		$	1,275,822		$	1,396,598
Segment operating profit:
Polymer Solutions	$	43,821		$	63,407		$	87,491		$	117,954
Catalysts		43,613			57,370			92,658			134,011
Fine Chemistry		40,277			49,704			76,455			94,067
Total segment operating profit		127,711			170,481			256,604			346,032
Equity in net income of unconsolidated investments:
Polymer Solutions		2,328			1,913			4,636			3,758
Catalysts		7,381			10,799			15,334			17,540
Fine Chemistry		—			—			—			—
Corporate & other		—			—			—			—
Total equity in net income of unconsolidated investments		9,709			12,712			19,970			21,298
Net (income) loss attributable to noncontrolling interests:
Polymer Solutions		(2,494	)		349			(3,202	)		(653	)
Catalysts		—			—			—			—
Fine Chemistry		(5,895	)		(3,832	)		(10,716	)		(7,204	)
Corporate & other		—			(23	)		—			(20	)
Total net income attributable to noncontrolling interests		(8,389	)		(3,506	)		(13,918	)		(7,877	)
Segment income:
Polymer Solutions		43,655			65,669			88,925			121,059
Catalysts		50,994			68,169			107,992			151,551
Fine Chemistry		34,382			45,872			65,739			86,863
Total segment income		129,031			179,710			262,656			359,473
Corporate & other		(15,537	)		(3,862	)		(29,543	)		(21,483	)
Restructuring and other charges, net(a)		—			(94,703	)		—			(94,703	)
Interest and financing expenses		(7,608	)		(8,486	)		(12,839	)		(17,220	)
Other expenses, net		(1,697	)		(688	)		(5,906	)		(806	)
Income tax expense		(21,450	)		(21,882	)		(47,642	)		(60,910	)
Net income attributable to Albemarle Corporation	$	82,739		$	50,089		$	166,726		$	164,351

(a) See Note 13, “Restructuring and Other.”