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Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following table summarizes earnings per share calculations for the three months ended March 31, 2024 and 2023:
20242023
Basic earnings per common share
Net income attributable to Quaker Chemical Corporation$35,227 $29,534 
Less: income allocated to participating securities(159)(145)
Net income available to common shareholders$35,068 $29,389 
Basic weighted average common shares outstanding17,908,81417,866,670
Basic earnings per common share$1.96 $1.64 
Diluted earnings per common share
Net income attributable to Quaker Chemical Corporation$35,227 $29,534 
Less: income allocated to participating securities(158)(145)
Net income available to common shareholders$35,069 $29,389 
Basic weighted average common shares outstanding17,908,81417,866,670
Effect of dilutive securities30,04832,076
Diluted weighted average common shares outstanding17,938,86217,898,746
Diluted earnings per common share$1.95 $1.64