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Equity and Noncontrolling Interest
 6 Months Ended
Jun. 30, 2017
Stockholders Equity [Abstract]  
Stockholders Equity Note Disclosure [Text Block]

Note 13 – Equity

In May 2015, the Company’s Board of Directors authorized a share repurchase program for the repurchase of up to $100.0 million of Quaker Chemical Corporation common stock (the “2015 Share Repurchase Program”). The 2015 Share Repurchase Program has no expiration date. The 2015 Share Repurchase Program provides a framework of conditions under which management can repurchase shares of the Company’s common stock. These purchases may be made in the open market or in private and negotiated transactions and will be in accordance with applicable laws, rules and regulations. In connection with the 2015 Share Repurchase Program, the Company acquired 83,879 shares of common stock for $5.9 million during the six months ended June 30, 2016. There were no share repurchases under the 2015 Share Repurchase Program during the six months ended June 30, 2017. The Company has elected not to hold treasury shares, and, therefore, has retired the shares as they are repurchased. It is the Company’s accounting policy to record the excess paid over par value as a reduction in retained earnings for all shares repurchased.

The following tables present the changes in equity, net of tax, for the three and six months ended June 30, 2017 and 2016:

Accumulated
Capital inOther
CommonExcess ofRetainedComprehensiveNoncontrolling
StockPar ValueEarningsLossInterestTotal
Balance at March 31, 2017$13,291$112,838$366,819$(81,961)$10,988$421,975
Net income——11,906—43512,341
Amounts reported in other comprehensive
income———9,023519,074
Dividends ($0.355 per share)——(4,724)——(4,724)
Share issuance and equity-based
compensation plans19909———928
Balance at June 30, 2017$13,310$113,747$374,001$(72,938)$11,474$439,594
Balance at March 31, 2016$13,236$107,950$329,684$(68,002)$8,658$391,526
Net income——15,015—39015,405
Amounts reported in other comprehensive
loss———(3,788)(153)(3,941)
Dividends ($0.345 per share)——(4,572)——(4,572)
Share issuance and equity-based
compensation plans141,769———1,783
Excess tax benefit from stock option exercises—32———32
Balance at June 30, 2016$13,250$109,751$340,127$(71,790)$8,895$400,233

Accumulated
Capital inOther
CommonExcess ofRetainedComprehensiveNoncontrolling
StockPar ValueEarningsLossInterestTotal
Balance at December 31, 2016$13,278$112,475$364,414$(87,407)$9,846$412,606
Net income——18,898—1,05719,955
Amounts reported in other comprehensive
income———14,46957115,040
Dividends ($0.70 per share)——(9,311)——(9,311)
Share issuance and equity-based
compensation plans321,272———1,304
Balance at June 30, 2017$13,310$113,747$374,001$(72,938)$11,474$439,594
Balance at December 31, 2015$13,288$106,333$326,740$(73,316)$8,198$381,243
Net income——27,961—78828,749
Amounts reported in other comprehensive
income (loss)———1,526(91)1,435
Repurchases of common stock(84)—(5,775)——(5,859)
Dividends ($0.665 per share)——(8,799)——(8,799)
Share issuance and equity-based
compensation plans463,282———3,328
Excess tax benefit from stock option exercises—136———136
Balance at June 30, 2016$13,250$109,751$340,127$(71,790)$8,895$400,233

The following tables show the reclassifications from and resulting balances of accumulated other comprehensive loss (“AOCI”) for the three and six months ended June 30, 2017 and 2016:

Unrealized
CurrencyDefinedGain (Loss) in
TranslationBenefitAvailable-for-
AdjustmentsPension PlansSale SecuritiesTotal
Balance at March 31, 2017$(47,327)$(35,850)$1,216$(81,961)
Other comprehensive income before
reclassifications7,2652682257,758
Amounts reclassified from AOCI—2,650(275)2,375
Current period other comprehensive income (loss) 7,2652,918(50)10,133
Related tax amounts—(1,127)17(1,110)
Net current period other comprehensive income (loss) 7,2651,791(33)9,023
Balance at June 30, 2017$(40,062)$(34,059)$1,183$(72,938)
Balance at March 31, 2016$(33,873)$(35,064)$935$(68,002)
Other comprehensive (loss) income before
reclassifications(4,939)590320(4,029)
Amounts reclassified from AOCI—802(82)720
Current period other comprehensive (loss) income(4,939)1,392238(3,309)
Related tax amounts—(398)(81)(479)
Net current period other comprehensive (loss) income(4,939)994157(3,788)
Balance at June 30, 2016$(38,812)$(34,070)$1,092$(71,790)

Unrealized
CurrencyDefinedGain (Loss) in
TranslationBenefitAvailable-for-
AdjustmentsPension PlansSale SecuritiesTotal
Balance at December 31, 2016$(52,255)$(36,168)$1,016$(87,407)
Other comprehensive income (loss) before
reclassifications12,193(73)89013,010
Amounts reclassified from AOCI—3,500(635)2,865
Current period other comprehensive income12,1933,42725515,875
Related tax amounts—(1,318)(88)(1,406)
Net current period other comprehensive income12,1932,10916714,469
Balance at June 30, 2017$(40,062)$(34,059)$1,183$(72,938)
Balance at December 31, 2015$(38,544)$(35,251)$479$(73,316)
Other comprehensive (loss) income before
reclassifications(268)113512357
Amounts reclassified from AOCI—1,6004162,016
Current period other comprehensive (loss) income(268)1,7139282,373
Related tax amounts—(532)(315)(847)
Net current period other comprehensive (loss) income(268)1,1816131,526
Balance at June 30, 2016$(38,812)$(34,070)$1,092$(71,790)

Approximately 75% and 25% of the amounts reclassified from accumulated other comprehensive loss to the Condensed Consolidated Statements of Income for defined benefit retirement plans during the three and six months ended June 30, 2017 and 2016 were recorded in SG&A and COGS, respectively. See Note 7 of Notes to Condensed Consolidated Financial Statements for further information. All reclassifications related to unrealized gain (loss) in available-for-sale securities relate to the Company’s equity interest in a captive insurance company and are recorded in equity in net income of associated companies. The amounts reported in other comprehensive income for non-controlling interest are related to currency translation adjustments.