Condensed Consolidated Balance Sheet - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 109,088	$ 88,818
Accounts receivable, net	218,243	195,225
Inventories
Raw materials and supplies	44,300	37,772
Work-in-process and finished goods	45,952	39,310
Prepaid expenses and other current assets	24,272	15,343
Total current assets	441,855	376,468
Property, plant and equipment, at cost	253,548	236,006
Less accumulated depreciation	(167,270)	(150,272)
Net property, plant and equipment	86,278	85,734
Goodwill	85,816	80,804
Other intangible assets, net	73,514	73,071
Investments in associated companies	25,191	22,817
Non-current deferred tax assets	22,229	24,382
Other assets	29,644	28,752
Total assets	764,527	692,028
Current liabilities
Short-term borrowings and current portion of long-term debt	700	707
Accounts and other payables	95,584	82,164
Accrued compensation	20,470	19,356
Accrued restructuring	0	670
Other current liabilities	39,367	24,514
Total current liabilities	156,121	127,411
Long-term debt	72,374	65,769
Non-current deferred tax liabilities	12,618	12,008
Other non-current liabilities	71,355	74,234
Total liabilities	312,468	279,422
Equity
Common stock $1 par value; authorized 30,000,000 shares; issued and outstanding 2017 - 13,299,294 shares; 2016 - 13,277,832 shares	13,299	13,278
Capital in excess of par value	113,129	112,475
Retained earnings	380,421	364,414
Accumulated Other Comprehensive Loss	(66,673)	(87,407)
Total Quaker shareholders' equity	440,176	402,760
Noncontrolling interest	11,883	9,846
Total equity	452,059	412,606
Total liabilities and equity	$ 764,527	$ 692,028

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

Name:	us-gaap_AccountsPayableCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection.