XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.25.2

Earnings Per Share | 6 Months Ended
--- | ---
Jun. 30, 2025
Earnings Per Share [Abstract] |
Earnings Per Share | Earnings Per Share: Basic and diluted loss per share for the three-month and six-month periods ended June 30, 2025 and 2024 are calculated as follows (in thousands, except per share amounts):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Basic loss per share |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Albemarle Corporation | $ | 22,897 |  |  | $ | (188,198) |  |  | $ | 64,245 |  |  | $ | (185,750) |
Mandatory convertible preferred stock dividends | (41,687) |  |  | (41,688) |  |  | (83,375) |  |  | (53,272) |
Net loss attributable to Albemarle Corporation common shareholders | $ | (18,790) |  |  | $ | (229,886) |  |  | $ | (19,130) |  |  | $ | (239,022) |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for basic loss per share | 117,665 |  |  | 117,528 |  |  | 117,634 |  |  | 117,489 |
Basic loss per share | $ | (0.16) |  |  | $ | (1.96) |  |  | $ | (0.16) |  |  | $ | (2.03) |
Diluted loss per share |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |
Net income (loss) attributable to Albemarle Corporation | $ | 22,897 |  |  | $ | (188,198) |  |  | $ | 64,245 |  |  | $ | (185,750) |
Mandatory convertible preferred stock dividends | (41,687) |  |  | (41,688) |  |  | (83,375) |  |  | (53,272) |
Net loss attributable to Albemarle Corporation common shareholders | $ | (18,790) |  |  | $ | (229,886) |  |  | $ | (19,130) |  |  | $ | (239,022) |
Denominator: |  |  |  |  |  |  |
Weighted-average common shares for diluted loss per share | 117,665 |  |  | 117,528 |  |  | 117,634 |  |  | 117,489 |
Diluted loss per share | $ | (0.16) |  |  | $ | (1.96) |  |  | $ | (0.16) |  |  | $ | (2.03) |
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 June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Shares assuming the conversion of the mandatory convertible preferred stock | 21,022 |  |  | 19,411 |  |  | 21,022 |  |  | 12,841 |
Shares under the stock compensation plans | 1,543 |  |  | 1,140 |  |  | 1,352 |  |  | 1,018 |

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration