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Earnings Per Share | 3 Months Ended
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Mar. 31, 2020
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share: Basic and diluted earnings per share for the three-month periods ended March 31, 2020 and 2019 are calculated as follows (in thousands, except per share amounts):
| Three Months Ended March 31,
| 2020 |  | 2019
Basic earnings per share |  |  |
Numerator: |  |  |
Net income attributable to Albemarle Corporation | $ | 107,204 |  |  | $ | 133,569 |
Denominator: |  |  |
Weighted-average common shares for basic earnings per share | 106,227 |  |  | 105,799 |
Basic earnings per share | $ | 1.01 |  |  | $ | 1.26 |
Diluted earnings per share |  |  |
Numerator: |  |  |
Net income attributable to Albemarle Corporation | $ | 107,204 |  |  | $ | 133,569 |
Denominator: |  |  |
Weighted-average common shares for basic earnings per share | 106,227 |  |  | 105,799 |
Incremental shares under stock compensation plans | 285 |  |  | 557 |
Weighted-average common shares for diluted earnings per share | 106,512 |  |  | 106,356 |
Diluted earnings per share | $ | 1.01 |  |  | $ | 1.26 |
At March 31, 2020, there were 303,093 common stock equivalents not included in the computation of diluted earnings per share because their effect would have been anti-dilutive. On February 28, 2020, the Company increased the regular quarterly dividend by 5% to $0.385 per share and declared a cash dividend of said amount for the first quarter of 2020, which was paid on April 1, 2020 to shareholders of record at the close of business as of March 13, 2020. On May 5, 2020, the Company declared a cash dividend of $0.385 per share, which is payable on July 1, 2020 to shareholders of record at the close of business as of June 12, 2020.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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