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Earnings Per Share | 3 Months Ended
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Mar. 31, 2025
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share: Basic and diluted loss per share for the three-month periods ended March 31, 2025 and 2024 are calculated as follows (in thousands, except per share amounts):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
Basic loss per share |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income attributable to Albemarle Corporation |  |  |  |  | $ | 41,348 |  |  | $ | 2,448 |
Mandatory convertible preferred stock dividends |  |  |  |  | (41,688) |  |  | (11,584) |
Net loss attributable to Albemarle Corporation common shareholders |  |  |  |  | $ | (340) |  |  | $ | (9,136) |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic loss per share |  |  |  |  | 117,603 |  |  | 117,451 |
Basic loss per share |  |  |  |  | $ | (0.00) |  |  | $ | (0.08) |
Diluted loss per share |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income attributable to Albemarle Corporation |  |  |  |  | $ | 41,348 |  |  | $ | 2,448 |
Mandatory convertible preferred stock dividends |  |  |  |  | (41,688) |  |  | (11,584) |
Net loss attributable to Albemarle Corporation common shareholders |  |  |  |  | $ | (340) |  |  | $ | (9,136) |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for diluted loss per share |  |  |  |  | 117,603 |  |  | 117,451 |
Diluted loss per share |  |  |  |  | $ | (0.00) |  |  | $ | (0.08) |
The following table summarizes the number of shares, calculated on a weighted average basis, not included in the computation of diluted earnings per share because their effect would have been anti-dilutive (in thousands):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2025 |  | 2024
Shares assuming the conversion of the mandatory convertible preferred stock |  |  |  |  | 21,022 |  |  | 6,271 |
Shares under the stock compensation plans |  |  |  |  | 1,161 |  |  | 896 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/260/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-3 + Details
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