XML 64 R14.htm IDEA: XBRL DOCUMENT v2.4.0.8
Earnings Per Share
 3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 8 – Earnings Per Share

The following table summarizes earnings per share calculations for the three months ended March 31, 2014 and March 31, 2013:

   Three Months Ended March 31, 
   2014 2013 
 Basic earnings per common share      
         
  Net income attributable to Quaker Chemical Corporation$ 12,730  $13,619 
  Less: income allocated to participating securities (112)  (111) 
  Net income available to common shareholders$ 12,618 $13,508 
  Basic weighted average common shares outstanding 13,091,503  13,001,963 
         
 Basic earnings per common share$0.96 $1.04 
         
 Diluted earnings per common share      
         
  Net income attributable to Quaker Chemical Corporation$12,730 $13,619 
  Less: income allocated to participating securities (112)  (111) 
  Net income available to common shareholders$12,618 $13,508 
  Basic weighted average common shares outstanding 13,091,503  13,001,963 
  Effect of dilutive securities 19,649  29,937 
  Diluted weighted average common shares outstanding 13,111,152  13,031,900 
         
 Diluted earnings per common share$0.96 $1.04 

The following aggregate numbers of stock options and restricted stock units are not included in the diluted earnings per share calculation since the effect would have been anti-dilutive: 2,824 and 2,444 for the three months ended March 31, 2014 and March 31, 2013, respectively.