Earnings Per Share

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 11 – Earnings Per ShareThe following table summarizes earnings per share calculations for the three and six months ended June 30, 2019 and 2018:

		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2019		2018		2019		2018
Basic earnings per common share
	Net income attributable to Quaker Chemical Corporation	$	15,591	$	19,246	$	29,435	$	31,978
	Less: income allocated to participating securities		(34)		(83)		(81)		(147)
	Net income available to common shareholders	$	15,557	$	19,163	$	29,354	$	31,831
	Basic weighted average common shares outstanding		13,304,248		13,267,504		13,297,953		13,256,327
Basic earnings per common share		$	1.17	$	1.44	$	2.21	$	2.40
Diluted earnings per common share
	Net income attributable to Quaker Chemical Corporation	$	15,591	$	19,246	$	29,435	$	31,978
	Less: income allocated to participating securities		(34)		(83)		(81)		(147)
	Net income available to common shareholders	$	15,557	$	19,163	$	29,354	$	31,831
	Basic weighted average common shares outstanding		13,304,248		13,267,504		13,297,953		13,256,327
	Effect of dilutive securities		48,007		29,884		47,362		31,619
	Diluted weighted average common shares outstanding		13,352,255		13,297,388		13,345,315		13,287,946
Diluted earnings per common share		$	1.17	$	1.44	$	2.20	$	2.40

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. There were no anti-diluted shares for the three and six months ended June 30, 2019. Comparatively, the calculated amount of anti-dilutive shares not included in the diluted earnings per share calculation were 6,189 and 4,546 for the three and six months ended June 30, 2018, respectively.