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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Calculation of Basic and Diluted Earning Per Share | Basic and diluted earnings per share for the three-month periods ended March 31, 2023 and 2022 are calculated as follows (in thousands, except per share amounts):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2023 |  | 2022
Basic earnings per share |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income attributable to Albemarle Corporation |  |  |  |  | $ | 1,238,580 |  |  | $ | 253,383 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic earnings per share |  |  |  |  | 117,232 |  |  | 117,066 |
Basic earnings per share |  |  |  |  | $ | 10.57 |  |  | $ | 2.16 |
Diluted earnings per share |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income attributable to Albemarle Corporation |  |  |  |  | $ | 1,238,580 |  |  | $ | 253,383 |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic earnings per share |  |  |  |  | 117,232 |  |  | 117,066 |
Incremental shares under stock compensation plans |  |  |  |  | 609 |  |  | 587 |
Weighted-average common shares for diluted earnings per share |  |  |  |  | 117,841 |  |  | 117,653 |
Diluted earnings per share |  |  |  |  | $ | 10.51 |  |  | $ | 2.15 |

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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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