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Earnings Per Share
12 Months Ended
Dec. 31, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 8 – Earnings Per Share

The following table summarizes earnings per share calculations for the years ended December 31, 2016, 2015 and 2014:

201620152014
Basic earnings per common share
Net income attributable to Quaker Chemical Corporation$ 61,403$ 51,180$ 56,492
Less: income allocated to participating securities (515) (443) (503)
Net income available to common shareholders$ 60,888$50,737$55,989
Basic weighted average common shares outstanding13,136,13813,199,63013,126,759
Basic earnings per common share$4.64$3.84$4.27
Diluted earnings per common share
Net income attributable to Quaker Chemical Corporation$61,403$51,180$56,492
Less: income allocated to participating securities(514)(443)(503)
Net income available to common shareholders$60,889$50,737$55,989
Basic weighted average common shares outstanding13,136,13813,199,63013,126,759
Effect of dilutive securities24,33115,21921,309
Diluted weighted average common shares outstanding13,160,46913,214,84913,148,068
Diluted earnings per common share$4.63$3.84$4.26

The following number of stock options are not included in diluted earnings per share since the effect would have been anti-dilutive: 678 in 2016, 6,684 in 2015 and 4,714 in 2014.