Earnings Per Share

3 Months Ended

Mar. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

Note 12 – Earnings Per Share

The following table summarizes earnings per share calculations for the three months ended March 31, 2022 and 2021:

Three Months Ended

March 31, 

2022

2021

Basic earnings per common share

Net income attributable to Quaker Chemical Corporation

$

19,816

$

38,615

Less: income allocated to participating securities

(78)

(154)

Net income available to common shareholders

$

19,738

$

38,461

Basic weighted average common shares outstanding

17,826,061

17,785,370

Basic earnings per common share

$

1.11

$

2.16

Diluted earnings per common share

Net income attributable to Quaker Chemical Corporation

$

19,816

$

38,615

Less: income allocated to participating securities

(78)

(154)

Net income available to common shareholders

$

19,738

$

38,461

Basic weighted average common shares outstanding

17,826,061

17,785,370

Effect of dilutive securities

25,798

70,607

Diluted weighted average common shares outstanding

17,851,859

17,855,977

Diluted earnings per common share

$

1.11

$

2.15

Certain stock options, restricted stock units and PSUs are not included in the diluted earnings per share calculation when the

effect would have been anti-dilutive. The calculated amount of anti-diluted shares not included were

12,260

 and

2,083

 for the three

months ended March 31, 2022 and 2021, respectively.