Consolidated Balance Sheet (USD $) In Thousands, unless otherwise specified	Dec. 31, 2011	Dec. 31, 2010
Current assets
Cash and cash equivalents	$ 16,909	$ 25,766
Accounts receivable, net	150,676	116,266
Inventories	74,758	60,841
Current deferred tax assets	6,338	4,624
Prepaid expenses and other current assets	10,868	7,985
Total current assets	259,549	215,482
Property, plant and equipment, net	82,916	76,535
Goodwill	58,152	52,758
Other intangible assets, net	31,783	24,030
Investments in associated companies	7,942	9,218
Non-current deferred tax assets	29,823	28,846
Other assets	35,356	42,561
Total assets	505,521	449,430
Current liabilities
Short-term borrowings and current portion of long-term debt	636	890
Accounts payable	65,026	61,192
Dividends payable	3,099	2,701
Accrued compensation	16,987	17,140
Accrued pension and postretirement benefits	2,038	1,672
Current deferred tax liabilities	238	181
Other current liabilities	18,625	17,415
Total current liabilities	106,649	101,191
Long-term debt	46,701	73,855
Non-current deferred tax liabilities	7,094	6,108
Accrued pension and postretirement benefits	34,533	30,016
Other non-current liabilities	54,818	51,161
Total liabilities	249,795	262,331
Commitments and contingencies	0	0
Equity
Common stock $1 par value; authorized 30,000,000 shares; issued and outstanding 2011 12,911,508 shares; 2010 11,492,142 shares	12,912	11,492
Capital in excess of par value	89,725	38,275
Retained earnings	175,932	144,347
Accumulated other comprehensive loss	(29,820)	(13,736)
Total Quaker shareholders equity	248,749	180,378
Noncontrolling interest	6,977	6,721
Total equity	255,726	187,099
Total liabilities and equity	$ 505,521	$ 449,430