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Operating Segments | 6 Months Ended
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Jun. 30, 2013
Operating Segments | NOTE 9—Operating Segments: Segment income represents operating profit (adjusted for significant non-recurring items) and equity in net income of unconsolidated investments and is reduced by net income attributable to noncontrolling interests. Segment data includes intersegment transfers of raw materials at cost and allocations for certain corporate costs. 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.”

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -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. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 13: 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 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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