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Quarterly Financial Summary (Unaudited) | 12 Months Ended
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Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Summary (Unaudited) | Quarterly Financial Summary (Unaudited):
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
| (In thousands, except per share amounts)
2013 |  |  |  |  |  |  |
Net sales | $ | 641,625 |  |  | $ | 634,197 |  |  | $ | 648,638 |  |  | $ | 691,956 |
Gross profit | $ | 199,590 |  |  | $ | 196,639 |  |  | $ | 211,649 |  |  | $ | 253,527 |
Restructuring and other charges, net(a) | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 33,361 |
Net income attributable to Albemarle Corporation | $ | 83,987 |  |  | $ | 82,739 |  |  | $ | 90,512 |  |  | $ | 155,933 |
Basic earnings per share | $ | 0.95 |  |  | $ | 0.98 |  |  | $ | 1.11 |  |  | $ | 1.92 |
Shares used to compute basic earnings per share | 88,719 |  |  | 84,028 |  |  | 81,385 |  |  | 81,226 |
Diluted earnings per share | $ | 0.94 |  |  | $ | 0.98 |  |  | $ | 1.11 |  |  | $ | 1.91 |
Shares used to compute diluted earnings per share | 89,236 |  |  | 84,489 |  |  | 81,852 |  |  | 81,713 |
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
| (In thousands, except per share amounts)
2012 |  |  |  |  |  |  |
Net sales | $ | 711,704 |  |  | $ | 684,894 |  |  | $ | 661,226 |  |  | $ | 687,596 |
Gross profit | $ | 250,980 |  |  | $ | 249,288 |  |  | $ | 217,750 |  |  | $ | 191,977 |
Restructuring and other charges, net(a) | $ | — |  |  | $ | 94,703 |  |  | $ | — |  |  | $ | 16,982 |
Net income attributable to Albemarle Corporation | $ | 114,262 |  |  | $ | 50,089 |  |  | $ | 109,459 |  |  | $ | 37,726 |
Basic earnings per share | $ | 1.28 |  |  | $ | 0.56 |  |  | $ | 1.23 |  |  | $ | 0.42 |
Shares used to compute basic earnings per share | 88,997 |  |  | 89,414 |  |  | 89,327 |  |  | 89,018 |
Diluted earnings per share | $ | 1.27 |  |  | $ | 0.56 |  |  | $ | 1.22 |  |  | $ | 0.42 |
Shares used to compute diluted earnings per share | 89,947 |  |  | 90,051 |  |  | 89,879 |  |  | 89,660 |
(a) | See Note 19, “Special Items.”
As discussed in Note 1, “Summary of Significant Accounting Policies,” actuarial gains and losses are recognized annually in our consolidated statements of income in the fourth quarter and whenever a plan is determined to qualify for a remeasurement during a fiscal year. See Note 17, “Pension Plans and Other Postretirement Benefits” for information about actuarial gains and losses recognized in our consolidated statements of income for the years ended December 31, 2013 and 2012.

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=25249566&loc=d3e1280-108306 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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