Exhibit 99.6
Albemarle Corporation and Subsidiaries
EARNINGS PER DILUTED SHARE EXCLUDING SPECIAL ITEMS – QUARTERLY – AS PREVIOUSLY REPORTED
(In Thousands, Except Per Share Amounts; Unaudited)
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| | | 2012 | | | 2011 | |
| | | 1st Quarter | | | 2nd Quarter | | | 3rd Quarter | | | 1st Quarter | | | 2nd Quarter | | | 3rd Quarter | | | 4th Quarter | |
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Net income attributable to Albemarle Corporation | | $ | 108,043 | | | $ | 37,732 | | | $ | 99,261 | | | $ | 106,580 | | | $ | 114,159 | | | $ | 116,098 | | | $ | 99,443 | |
Diluted earnings per share | | | 1.20 | | | | 0.42 | | | | 1.10 | | | | 1.15 | | | | 1.23 | | | | 1.28 | | | | 1.11 | |
Special items per share | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Restructuring and other charges(a) | | | — | | | | 0.82 | | | | 0.05 | | | | — | | | | — | | | | — | | | | — | |
Discrete net tax benefits(b) | | | — | | | | — | | | | (0.05 | ) | | | — | | | | — | | | | — | | | | — | |
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Diluted earnings per share excluding special items | | $ | 1.20 | | | $ | 1.24 | | | $ | 1.10 | | | $ | 1.15 | | | $ | 1.23 | | | $ | 1.28 | | | $ | 1.11 | |
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| (a) | The quarter ended June 30, 2012 included charges amounting to $94.7 million ($73.6 million after income taxes, or $0.82 per share) in connection with our exit of the phosphorus flame retardants business. |
The quarter ended September 30, 2012 included $4.1 million, or $0.05 per share, in after-tax charges ($6.5 million before tax) related to a SERP settlement.
| (b) | The quarter ended September 30, 2012 included $4.5 million, or $0.05 per share, of net tax benefits related principally to the release of various tax reserves. |
EARNINGS PER DILUTED SHARE EXCLUDING SPECIAL ITEMS – QUARTERLY – AS ADJUSTED
(In Thousands, Except Per Share Amounts; Unaudited)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | 2012 | | | 2011 | |
| | | 1st Quarter | | | 2nd Quarter | | | 3rd Quarter | | | 1st Quarter | | | 2nd Quarter | | | 3rd Quarter | | | 4th Quarter | |
| | | | | | | |
Net income attributable to Albemarle Corporation | | $ | 114,262 | | | $ | 50,089 | | | $ | 109,459 | | | $ | 111,061 | | | $ | 114,843 | | | $ | 120,662 | | | $ | 45,548 | |
Diluted earnings per share | | | 1.27 | | | | 0.56 | | | | 1.22 | | | | 1.20 | | | | 1.24 | | | | 1.33 | | | | 0.51 | |
Special items per share | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Non-operating pension and OPEB adjustments(a) | | | (0.02 | ) | | | (0.09 | ) | | | (0.02 | ) | | | (0.02 | ) | | | 0.02 | | | | (0.02 | ) | | | 0.63 | |
Restructuring and other charges(b) | | | — | | | | 0.82 | | | | — | | | | — | | | | — | | | | — | | | | — | |
Discrete net tax benefits(c) | | | — | | | | — | | | | (0.05 | ) | | | — | | | | — | | | | — | | | | — | |
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Diluted earnings per share excluding special items(d) | | $ | 1.25 | | | $ | 1.28 | | | $ | 1.15 | | | $ | 1.18 | | | $ | 1.26 | | | $ | 1.30 | | | $ | 1.13 | |
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| (a) | Non-operating pension and OPEB adjustments for the quarter ended March 31, 2012 included net benefits amounting to $2.7 million ($1.7 million after income taxes, or $0.02 per share) that related to interest costs and expected return on assets. |
Non-operating pension and OPEB adjustments for the quarter ended June 30, 2012 included net benefits amounting to $13.3 million ($8.4 million after income taxes, or $0.09 per share) that related to pension and OPEB plan actuarial net gains as well as interest costs and expected return on assets.
Non-operating pension and OPEB adjustments for the quarter ended September 30, 2012 included net benefits amounting to $2.9 million ($1.8 million after income taxes, or $0.02 per share) that related to interest costs and expected return on assets.
Non-operating pension and OPEB adjustments for the quarter ended March 31, 2011 included net benefits amounting to $3.3 million ($2.1 million after income taxes, or $0.02 per share) that related to interest costs and expected return on assets.
Non-operating pension and OPEB adjustments for the quarter ended June 30, 2011 included net charges amounting to $3.2 million ($2.0 million after income taxes, or $0.02 per share) that related to pension and OPEB plan actuarial net losses as well as interest costs and expected return on assets.
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| | Exhibit 99.6 |
Albemarle Corporation and Subsidiaries | | |
Non-operating pension and OPEB adjustments for the quarter ended September 30, 2011 included net benefits amounting to $3.2 million ($2.0 million after income taxes, or $0.02 per share) that related to interest costs and expected return on assets.
Non-operating pension and OPEB adjustments for the quarter ended December 31, 2011 included net charges amounting to $89.1 million ($56.3 million after income taxes, or $0.63 per share) that related to pension and OPEB plan actuarial net losses as well as interest costs and expected return on assets.
| (b) | The quarter ended June 30, 2012 included charges amounting to $94.7 million ($73.6 million after income taxes, or $0.82 per share) in connection with our exit of the phosphorus flame retardants business. |
| (c) | The quarter ended September 30, 2012 included $4.5 million, or $0.05 per share, of net tax benefits related principally to the release of various tax reserves. |
| (d) | Totals may not add due to rounding. |
