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Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2021

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Earning Per Share

Basic and diluted earnings per share for the three-month and nine-month periods ended September 30, 2021 and 2020 are calculated as follows (in thousands, except per share amounts):


			Three Months Ended September 30,												Nine Months Ended September 30,
			2021						2020						2021						2020
Basic earnings per share
Numerator:
Net (loss) income attributable to Albemarle Corporation			$	(392,781)					$	98,301					$	127,496					$	291,129
Denominator:
Weighted-average common shares for basic earnings per share			116,965						106,386						115,455						106,314
Basic (loss) earnings per share			$	(3.36)					$	0.92					$	1.10					$	2.74

Diluted earnings per share
Numerator:
Net (loss) income attributable to Albemarle Corporation			$	(392,781)					$	98,301					$	127,496					$	291,129
Denominator:
Weighted-average common shares for basic earnings per share			116,965						106,386						115,455						106,314
Incremental shares under stock compensation plans			—						487						685						326
Weighted-average common shares for diluted earnings per share			116,965						106,873						116,140						106,640
Diluted (loss) earnings per share			$	(3.36)					$	0.92					$	1.10					$	2.73