XML 61 R28.htm IDEA: XBRL DOCUMENT
v2.4.0.8

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.”

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 27, 28 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration