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Earnings Per Share | 6 Months Ended
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Jun. 30, 2015
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share: Basic and diluted earnings per share from continuing operations for the three-month and six-month periods ended June 30, 2015 and 2014 are calculated as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
| (In thousands, except per share amounts)
Basic earnings per share from continuing operations |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income from continuing operations | $ | 59,366 |  |  | $ | 89,404 |  |  | $ | 106,515 |  |  | $ | 155,408 |
Net income from continuing operations attributable to noncontrolling interests | (7,219 | ) |  | (6,932 | ) |  | (11,253 | ) |  | (14,584 | )
Net income from continuing operations attributable to Albemarle Corporation | $ | 52,147 |  |  | $ | 82,472 |  |  | $ | 95,262 |  |  | $ | 140,824 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic earnings per share(a) | 112,189 |  |  | 78,662 |  |  | 110,160 |  |  | 79,199 |
Basic earnings per share from continuing operations | $ | 0.46 |  |  | $ | 1.05 |  |  | $ | 0.86 |  |  | $ | 1.78 |
Diluted earnings per share from continuing operations |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income from continuing operations | $ | 59,366 |  |  | $ | 89,404 |  |  | $ | 106,515 |  |  | $ | 155,408 |
Net income from continuing operations attributable to noncontrolling interests | (7,219 | ) |  | (6,932 | ) |  | (11,253 | ) |  | (14,584 | )
Net income from continuing operations attributable to Albemarle Corporation | $ | 52,147 |  |  | $ | 82,472 |  |  | $ | 95,262 |  |  | $ | 140,824 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic earnings per share(a) | 112,189 |  |  | 78,662 |  |  | 110,160 |  |  | 79,199 |
Incremental shares under stock compensation plans | 418 |  |  | 429 |  |  | 376 |  |  | 403 |
Weighted-average common shares for diluted earnings per share(a) | 112,607 |  |  | 79,091 |  |  | 110,536 |  |  | 79,602 |
Diluted earnings per share from continuing operations | $ | 0.46 |  |  | $ | 1.04 |  |  | $ | 0.86 |  |  | $ | 1.77 |
(a) | 2015 includes the impact of 34,113 shares issued in connection with the Rockwood acquisition.
On February 24, 2015, the Company increased the regular quarterly dividend by 5% to $0.29 per share. On May 5, 2015, the Company declared a cash dividend of $0.29 per share, which was paid on July 1, 2015 to shareholders of record at the close of business as of June 16, 2015. On July 9, 2015, the Company declared a cash dividend of $0.29 per share, which is payable on October 1, 2015 to shareholders of record at the close of business as of September 16, 2015.

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