ALBEMARLE CORP - FORM 8-K - EX-99.3 - ALBEMARLE CORPORATION AND SUBSIDIARIES SEGMENT INCOME RECONCILIATION - November 15, 2012

Attached files

file	filename
8-K - FORM 8-K - ALBEMARLE CORP	d441468d8k.htm
EX-99.4 - ALBEMARLE CORPORATION AND SUBSIDIARIES SEGMENT INCOME RECONCILIATION - ALBEMARLE CORP	d441468dex994.htm
EX-99.5 - ALBEMARLE CORPORATION AND SUBSIDIARIES EARNINGS PER DILUTED SHARE - ALBEMARLE CORP	d441468dex995.htm
EX-99.1 - ALBEMARLE CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME - ALBEMARLE CORP	d441468dex991.htm
EX-99.6 - ALBEMARLE CORPORATION AND SUBSIDIARIES EARNINGS PER DILUTED SHARE - ALBEMARLE CORP	d441468dex996.htm
EX-99.7 - PRESS RELEASE - ALBEMARLE CORP	d441468dex997.htm
EX-99.2 - ALBEMARLE CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME - ALBEMARLE CORP	d441468dex992.htm

Exhibit 99.3

Albemarle Corporation and Subsidiaries

SEGMENT INCOME RECONCILIATION

(In Thousands; Unaudited)


Nine Months Ended September 30, 2012		As Previously Reported				Effect of Accounting Change				As Adjusted

Segment income:
Polymer Solutions		$	161,189			$	5,161			$	166,350
Catalysts			209,932				3,448				213,380
Fine Chemistry			123,966				6,860				130,826

Total segment income			495,087				15,469				510,556

Corporate & other			(48,466	)			23,375				(25,091	)
Restructuring and other charges			(101,211	)			6,508				(94,703	)
Interest and financing expenses			(25,134	)			—				(25,134	)
Other income, net			1,564				—				1,564
Income tax expense			(76,804	)			(16,578	)			(93,382	)

Net income attributable to Albemarle Corporation		$	245,036			$	28,774			$	273,810


Year Ended December 31, 2011		As Previously Reported				Effect of Accounting Change				As Adjusted

Segment income:
Polymer Solutions		$	237,811			$	3,478			$	241,289
Catalysts			323,601				2,723				326,324
Fine Chemistry			139,578				4,842				144,420

Total segment income			700,990				11,043				712,033

Corporate & other			(97,479	)			(81,089	)			(178,568	)
Interest and financing expenses			(37,574	)			—				(37,574	)
Other income, net			357				—				357
Income tax expense			(130,014	)			25,880				(104,134	)

Net income attributable to Albemarle Corporation		$	436,280			$	(44,166	)		$	392,114


Year Ended December 31, 2010		As Previously Reported				Effect of Accounting Change				As Adjusted

Segment income:
Polymer Solutions		$	198,261			$	2,300			$	200,561
Catalysts			248,773				1,670				250,443
Fine Chemistry			72,148				4,074				76,222

Total segment income			519,182				8,044				527,226

Corporate & other			(73,040	)			(20,949	)			(93,989	)
Restructuring and other charges			(6,958	)			—				(6,958	)
Interest and financing expenses			(25,533	)			—				(25,533	)
Other income, net			2,788				—				2,788
Income tax expense			(92,719	)			4,963				(87,756	)

Net income attributable to Albemarle Corporation		$	323,720			$	(7,942	)		$	315,778