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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earnings Per Share

Basic and diluted earnings per share are calculated as follows (in thousands, except per share amounts):

			Year Ended December 31,
			2020						2019						2018
Basic earnings per share
Numerator:
Net income attributable to Albemarle Corporation			$	375,764					$	533,228					$	693,562
Denominator:
Weighted-average common shares for basic earnings per share			106,402						105,949						108,427
Basic earnings per share			$	3.53					$	5.03					$	6.40
Diluted earnings per share
Numerator:
Net income attributable to Albemarle Corporation			$	375,764					$	533,228					$	693,562
Denominator:
Weighted-average common shares for basic earnings per share			106,402						105,949						108,427
Incremental shares under stock compensation plans			406						372						1,031
Weighted-average common shares for diluted earnings per share			106,808						106,321						109,458
Diluted earnings per share			$	3.52					$	5.02					$	6.34

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-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

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