Quarterly Results - Unaudited

12 Months Ended

Dec. 31, 2016

Quarterly Results (unaudited) [Abstract]

Quarterly Results - Unaudited [Text Block]

Note 23 – Quarterly Results (unaudited)

			First		Second		Third		Fourth
			Quarter (1)		Quarter (2)		Quarter (3)		Quarter (4)
2016
	Net sales		$	178,077	$	186,915	$	190,428	$	191,245
	Gross profit			67,875		71,235		70,779		69,704
	Operating income			19,234		22,093		21,339		20,385
	Net income attributable to Quaker Chemical Corporation			12,946		15,015		16,008		17,434
	Net income attributable to Quaker Chemical Corporation
		Common Shareholders - Basic	$	0.98	$	1.13	$	1.21	$	1.31
	Net income attributable to Quaker Chemical Corporation
		Common Shareholders - Diluted	$	0.98	$	1.13	$	1.21	$	1.31
2015
	Net sales		$	181,330	$	183,726	$	189,224	$	183,275
	Gross profit			66,328		70,617		71,329		68,766
	Operating income			17,864		21,445		18,728		13,223
	Net income attributable to Quaker Chemical Corporation			10,378		15,038		14,371		11,393
	Net income attributable to Quaker Chemical Corporation
		Common Shareholders - Basic	$	0.78	$	1.13	$	1.08	$	0.86
	Net income attributable to Quaker Chemical Corporation
		Common Shareholders - Diluted	$	0.78	$	1.13	$	1.08	$	0.86

(1) Net income attributable to Quaker Chemical Corporation for both the first quarter of 2016 and 2015 includes earnings from the Company’s equity interest in a captive insurance company of approximately $0.01 and $0.06 per diluted share, respectively. Net income attributable to Quaker Chemical Corporation for both the first quarter of 2016 and 2015 includes a currency conversion charge of approximately $0.01 and $0.21 per diluted share, respectively, related to the Company’s 50% owned equity affiliate in Venezuela. Net income attributable to Quaker Chemical Corporation for the first quarter of 2015 includes costs related to streamlining certain operations in the Company’s South America segment of approximately $0.01 per diluted share.

(2) Net income attributable to Quaker Chemical Corporation for both the second quarter of 2016 and 2015 includes earnings (losses) from the Company’s equity interest in a captive insurance company of approximately $0.02 and ($0.01) per diluted share, respectively. Net income attributable to Quaker Chemical Corporation for the second quarter of 2015 includes a charge due to a certain U.S. customer bankruptcy of approximately $0.01 per diluted share.

(3) Net income attributable to Quaker Chemical Corporation for both the third quarter of 2016 and 2015 includes earnings from the Company’s equity interest in a captive insurance company of approximately $0.04 and $0.04 per diluted share, respectively. Net income attributable to Quaker Chemical Corporation for both the third quarter of 2016 and 2015 includes charges of approximately $0.08 and $0.15 per diluted share, respectively, related to certain uncommon transaction-related costs incurred in connection with the execution of, and diligence on, acquisition candidates

(4) Net income attributable to Quaker Chemical Corporation for both the fourth quarter of 2016 and 2015 includes earnings from the Company’s equity interest in a captive insurance company of approximately $0.06 and $0.07 per diluted share, respectively. Net income attributable to Quaker Chemical Corporation for both the fourth quarter of 2016 and 2015 includes (credits) charges of approximately ($0.02) and $0.36 per diluted share, respectively, related to a global restructuring plan. Net income attributable to Quaker Chemical Corporation for the fourth quarter of 2016 includes charges of approximately $0.03 per diluted share related to certain uncommon transaction-related costs incurred in connection with the execution of, and diligence on, acquisition candidates. Net income attributable to Quaker Chemical Corporation for the fourth quarter of 2015 includes approximately $0.01 per diluted share due to a U.S. customer bankruptcy.