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Quarterly Financial Summary (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Summary |
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
| (In thousands, except per share amounts)
2018 |  |  |  |  |  |  |
Net sales | $ | 821,629 |  |  | $ | 853,874 |  |  | $ | 777,748 |  |  | $ | 921,699 |
Gross profit | $ | 304,979 |  |  | $ | 311,356 |  |  | $ | 280,537 |  |  | $ | 320,384 |
(Gain) loss on sales of businesses, net(a) | $ | — |  |  | $ | (218,705 | ) |  | $ | — |  |  | $ | 8,277 |
Net income | $ | 138,925 |  |  | $ | 310,686 |  |  | $ | 143,479 |  |  | $ | 146,049 |
Net income attributable to noncontrolling interests | (7,165 | ) |  | (8,225 | ) |  | (13,734 | ) |  | (16,453 | )
Net income attributable to Albemarle Corporation | $ | 131,760 |  |  | $ | 302,461 |  |  | $ | 129,745 |  |  | $ | 129,596 |
Basic earnings per share | $ | 1.19 |  |  | $ | 2.76 |  |  | $ | 1.21 |  |  | $ | 1.22 |
Shares used to compute basic earnings per share | 110,681 |  |  | 109,671 |  |  | 107,315 |  |  | 106,042 |
Diluted earnings per share | $ | 1.18 |  |  | $ | 2.73 |  |  | $ | 1.20 |  |  | $ | 1.21 |
Shares used to compute diluted earnings per share | 111,867 |  |  | 110,659 |  |  | 108,302 |  |  | 107,005 |
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
| (In thousands, except per share amounts)
2017 |  |  |  |  |  |  |
Net sales | $ | 722,063 |  |  | $ | 737,258 |  |  | $ | 754,866 |  |  | $ | 857,789 |
Gross profit | $ | 254,956 |  |  | $ | 271,960 |  |  | $ | 275,657 |  |  | $ | 303,703 |
Net income (loss) | $ | 62,657 |  |  | $ | 113,689 |  |  | $ | 130,193 |  |  | $ | (207,071 | )
Net income attributable to noncontrolling interests | (11,444 | ) |  | (10,356 | ) |  | (11,523 | ) |  | (11,295 | )
Net income (loss) attributable to Albemarle Corporation | $ | 51,213 |  |  | $ | 103,333 |  |  | $ | 118,670 |  |  | $ | (218,366 | )
Basic earnings (loss) per share | $ | 0.46 |  |  | $ | 0.93 |  |  | $ | 1.07 |  |  | $ | (1.98 | )
Shares used to compute basic earnings per share | 111,986 |  |  | 110,686 |  |  | 110,476 |  |  | 110,510 |
Diluted earnings (loss) per share | $ | 0.45 |  |  | $ | 0.92 |  |  | $ | 1.06 |  |  | $ | (1.95 | )
Shares used to compute diluted earnings per share | 113,289 |  |  | 112,105 |  |  | 111,975 |  |  | 112,152 |
(a) | Represents the gain (loss) on the Polyolefin Catalysts Divestiture. See Note 3, “Divestitures,” for additional information.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109225645&loc=d3e1280-108306 + Details
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