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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 2014
Earnings Per Share [Abstract] |
Calculation of Basic and Diluted Earning Per Share | Basic and diluted earnings per share from continuing operations for the three-month and six-month periods ended June 30, 2014 and 2013 are calculated as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2014 |  | 2013 |  | 2014 |  | 2013
| (In thousands, except per share amounts)
Basic earnings per share from continuing operations |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income from continuing operations | $ | 89,404 |  |  | $ | 88,500 |  |  | $ | 155,408 |  |  | $ | 176,181 |
Net income from continuing operations attributable to noncontrolling interests | (6,932 | ) |  | (8,389 | ) |  | (14,584 | ) |  | (13,918 | )
Net income from continuing operations attributable to Albemarle Corporation | $ | 82,472 |  |  | $ | 80,111 |  |  | $ | 140,824 |  |  | $ | 162,263 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic earnings per share | 78,662 |  |  | 84,028 |  |  | 79,199 |  |  | 86,374 |
Basic earnings per share from continuing operations | $ | 1.05 |  |  | $ | 0.95 |  |  | $ | 1.78 |  |  | $ | 1.88 |
Diluted earnings per share from continuing operations |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income from continuing operations | $ | 89,404 |  |  | $ | 88,500 |  |  | $ | 155,408 |  |  | $ | 176,181 |
Net income from continuing operations attributable to noncontrolling interests | (6,932 | ) |  | (8,389 | ) |  | (14,584 | ) |  | (13,918 | )
Net income from continuing operations attributable to Albemarle Corporation | $ | 82,472 |  |  | $ | 80,111 |  |  | $ | 140,824 |  |  | $ | 162,263 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic earnings per share | 78,662 |  |  | 84,028 |  |  | 79,199 |  |  | 86,374 |
Incremental shares under stock compensation plans | 429 |  |  | 461 |  |  | 403 |  |  | 488 |
Total shares | 79,091 |  |  | 84,489 |  |  | 79,602 |  |  | 86,862 |
Diluted earnings per share from continuing operations | $ | 1.04 |  |  | $ | 0.95 |  |  | $ | 1.77 |  |  | $ | 1.87 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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