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Earnings Per Share
3 Months Ended
Mar. 31, 2015
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, 2015 and March 31, 2014:

Three Months Ended
March 31,
20152014
Basic earnings per common share
Net income attributable to Quaker Chemical Corporation$ 10,378 $12,730
Less: income allocated to participating securities (96) (112)
Net income available to common shareholders$ 10,282$12,618
Basic weighted average common shares outstanding13,188,76113,091,503
Basic earnings per common share$0.78$0.96
Diluted earnings per common share
Net income attributable to Quaker Chemical Corporation$10,378$12,730
Less: income allocated to participating securities(96)(112)
Net income available to common shareholders$10,282$12,618
Basic weighted average common shares outstanding13,188,76113,091,503
Effect of dilutive securities19,89619,649
Diluted weighted average common shares outstanding13,208,65713,111,152
Diluted earnings per common share$0.78$0.96

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: 4,497 and 2,824 for the three months ended March 31, 2015 and March 31, 2014, respectively.