XML 27 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statement of Income (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Income Statement [Abstract]        
Net sales $ 167,792 $ 135,991 $ 327,657 $ 264,311
Cost of goods sold 114,026 87,460 221,157 168,440
Gross profit 53,766 48,531 106,500 95,871
Selling, general and administrative expenses 38,825 35,118 77,459 68,787
Operating income 14,941 13,413 29,041 27,084
Other income, net 791 1,123 1,330 1,886
Interest expense (1,200) (1,386) (2,418) (2,697)
Interest income 271 343 543 527
Income before taxes and equity in net income of associated companies 14,803 13,493 28,496 26,800
Taxes on income before equity in net income of associated companies 4,499 4,143 7,321 7,324
Income before equity in net income of associated companies 10,304 9,350 21,175 19,476
Equity in net income of associated companies 251 384 610 295
Net income attributable to Quaker Chemical Corporation 10,555 9,734 21,785 19,771
Less: Net income attributable to noncontrolling interest 714 581 1,344 1,199
Net income attributable to Quaker Chemical Corporation $ 9,841 $ 9,153 $ 20,441 $ 18,572
Per share data:        
Net income attributable to Quaker Chemical Corporation Common Shareholders - basic $ 0.80 $ 0.82 $ 1.72 $ 1.66
Net income attributable to Quaker Chemical Corporation Common Shareholders - diluted $ 0.79 $ 0.80 $ 1.69 $ 1.64
Dividends declared $ 0.24 $ 0.235 $ 0.475 $ 0.465