XML 80 R13.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Earnings Per Share | 9 Months Ended
--- | ---
Sep. 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 nine-month periods ended September 30, 2015 and 2014 are calculated as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2015 |  | 2014 |  | 2015 |  | 2014
| (In thousands, except per share amounts)
Basic earnings per share from continuing operations |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income from continuing operations | $ | 70,872 |  |  | $ | 88,019 |  |  | $ | 177,387 |  |  | $ | 243,427 |
Net income from continuing operations attributable to noncontrolling interests | (5,480 | ) |  | (8,546 | ) |  | (16,733 | ) |  | (23,130 | )
Net income from continuing operations attributable to Albemarle Corporation | $ | 65,392 |  |  | $ | 79,473 |  |  | $ | 160,654 |  |  | $ | 220,297 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic earnings per share(a) | 112,202 |  |  | 78,244 |  |  | 110,840 |  |  | 78,880 |
Basic earnings per share from continuing operations | $ | 0.58 |  |  | $ | 1.02 |  |  | $ | 1.45 |  |  | $ | 2.79 |
Diluted earnings per share from continuing operations |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income from continuing operations | $ | 70,872 |  |  | $ | 88,019 |  |  | $ | 177,387 |  |  | $ | 243,427 |
Net income from continuing operations attributable to noncontrolling interests | (5,480 | ) |  | (8,546 | ) |  | (16,733 | ) |  | (23,130 | )
Net income from continuing operations attributable to Albemarle Corporation | $ | 65,392 |  |  | $ | 79,473 |  |  | $ | 160,654 |  |  | $ | 220,297 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic earnings per share(a) | 112,202 |  |  | 78,244 |  |  | 110,840 |  |  | 78,880 |
Incremental shares under stock compensation plans | 342 |  |  | 415 |  |  | 365 |  |  | 407 |
Weighted-average common shares for diluted earnings per share(a) | 112,544 |  |  | 78,659 |  |  | 111,205 |  |  | 79,287 |
Diluted earnings per share from continuing operations | $ | 0.58 |  |  | $ | 1.01 |  |  | $ | 1.44 |  |  | $ | 2.78 |
(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 July 9, 2015, the Company declared a cash dividend of $0.29 per share, which was paid on October 1, 2015 to shareholders of record at the close of business as of September 16, 2015. On October 5, 2015, the Company declared a cash dividend of $0.29 per share, which is payable on January 4, 2016 to shareholders of record at the close of business as of December 15, 2015.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration