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Earnings Per Share
12 Months Ended
Dec. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]

Note 10 – Earnings Per Share

The following table summarizes earnings per share calculations for the years ended December 31, 2018, 2017 and 2016:

201820172016
Basic earnings per common share
Net income attributable to Quaker Chemical Corporation$ 59,473$ 20,278$ 61,403
Less: income allocated to participating securities (253) (137) (515)
Net income available to common shareholders$ 59,220$20,141$60,888
Basic weighted average common shares outstanding13,268,04713,204,87213,136,138
Basic earnings per common share$4.46$1.53$4.64
Diluted earnings per common share
Net income attributable to Quaker Chemical Corporation$59,473$20,278$61,403
Less: income allocated to participating securities(252)(137)(514)
Net income available to common shareholders$59,221$20,141$60,889
Basic weighted average common shares outstanding13,268,04713,204,87213,136,138
Effect of dilutive securities36,68541,07424,331
Diluted weighted average common shares outstanding13,304,73213,245,94613,160,469
Diluted earnings per common share$4.45$1.52$4.63

Certain stock options and restricted stock units are not included in the diluted earnings per share calculation since the effect would have been anti-dilutive. The calculated amount of anti-diluted shares not included were 1,808 in 2018, 3,671 in 2017 and 678 in 2016.