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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2023
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following table summarizes earnings per share calculations:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Basic earnings per common share |  |  |  |  |  |  |
Net income attributable to Quaker Chemical Corporation | $ | 33,670 |  |  | $ | 25,867 |  |  | $ | 92,550 |  |  | $ | 60,026 |
Less: income allocated to participating securities | (164) |  |  | (115) |  |  | (464) |  |  | (250) |
Net income available to common shareholders | $ | 33,506 |  |  | $ | 25,752 |  |  | $ | 92,086 |  |  | $ | 59,776 |
Basic weighted average common shares outstanding | 17,908,754 |  | 17,847,305 |  | 17,889,444 |  | 17,835,976
Basic earnings per common share | $ | 1.87 |  |  | $ | 1.44 |  |  | $ | 5.15 |  |  | $ | 3.35 |
Diluted earnings per common share |  |  |  |  |  |  |
Net income attributable to Quaker Chemical Corporation | $ | 33,670 |  |  | $ | 25,867 |  |  | $ | 92,550 |  |  | $ | 60,026 |
Less: income allocated to participating securities | (164) |  |  | (115) |  |  | (464) |  |  | (250) |
Net income available to common shareholders | $ | 33,506 |  |  | $ | 25,752 |  |  | $ | 92,086 |  |  | $ | 59,776 |
Basic weighted average common shares outstanding | 17,908,754 |  | 17,847,305 |  | 17,889,444 |  | 17,835,976
Effect of dilutive securities | 12,520 |  | 12,566 |  | 16,709 |  | 15,465
Diluted weighted average common shares outstanding | 17,921,274 |  | 17,859,871 |  | 17,906,153 |  | 17,851,441
Diluted earnings per common share | $ | 1.87 |  |  | $ | 1.44 |  |  | $ | 5.14 |  |  | $ | 3.35 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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