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Earnings Per Share | 9 Months Ended
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Sep. 30, 2016
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, 2016 and 2015 are calculated as follows (in thousands, except per share amounts):
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Basic earnings per share from continuing operations |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income from continuing operations | $ | 114,512 |  |  | $ | 59,842 |  |  | $ | 428,334 |  |  | $ | 158,313 |
Net income from continuing operations attributable to noncontrolling interests | (9,477 | ) |  | (5,447 | ) |  | (28,906 | ) |  | (16,680 | )
Net income from continuing operations attributable to Albemarle Corporation | $ | 105,035 |  |  | $ | 54,395 |  |  | $ | 399,428 |  |  | $ | 141,633 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic earnings per share | 112,429 |  |  | 112,202 |  |  | 112,343 |  |  | 110,840 |
Basic earnings per share from continuing operations | $ | 0.93 |  |  | $ | 0.48 |  |  | $ | 3.56 |  |  | $ | 1.28 |
Diluted earnings per share from continuing operations |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income from continuing operations | $ | 114,512 |  |  | $ | 59,842 |  |  | $ | 428,334 |  |  | $ | 158,313 |
Net income from continuing operations attributable to noncontrolling interests | (9,477 | ) |  | (5,447 | ) |  | (28,906 | ) |  | (16,680 | )
Net income from continuing operations attributable to Albemarle Corporation | $ | 105,035 |  |  | $ | 54,395 |  |  | $ | 399,428 |  |  | $ | 141,633 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic earnings per share | 112,429 |  |  | 112,202 |  |  | 112,343 |  |  | 110,840 |
Incremental shares under stock compensation plans | 1,019 |  |  | 342 |  |  | 788 |  |  | 365 |
Weighted-average common shares for diluted earnings per share | 113,448 |  |  | 112,544 |  |  | 113,131 |  |  | 111,205 |
Diluted earnings per share from continuing operations | $ | 0.93 |  |  | $ | 0.48 |  |  | $ | 3.53 |  |  | $ | 1.27 |
On February 26, 2016, the Company increased the regular quarterly dividend by 5% to $0.305 per share. On July 11, 2016, the Company declared a cash dividend of $0.305 per share, which was paid on October 3, 2016 to shareholders of record at the close of business as of September 15, 2016. On November 3, 2016, the Company declared a cash dividend of $0.305 per share, which is payable on January 2, 2017 to shareholders of record at the close of business as of December 15, 2016.

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