Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table summarizes earnings per share calculations:

	Three Months Ended March 31,
	2023		2022
Basic earnings per common share
Net income attributable to Quaker Chemical Corporation	$	29,534	$	19,816
Less: income allocated to participating securities	(145)		(78)
Net income available to common shareholders	$	29,389	$	19,738
Basic weighted average common shares outstanding	17,866,670		17,826,061
Basic earnings per common share	$	1.64	$	1.11
Diluted earnings per common share
Net income attributable to Quaker Chemical Corporation	$	29,534	$	19,816
Less: income allocated to participating securities	(145)		(78)
Net income available to common shareholders	$	29,389	$	19,738
Basic weighted average common shares outstanding	17,866,670		17,826,061
Effect of dilutive securities	32,076		25,798
Diluted weighted average common shares outstanding	17,898,746		17,851,859
Diluted earnings per common share	$	1.64	$	1.11