Condensed Consolidated Balance Sheet - USD ($) $ in Thousands	Mar. 31, 2019	Dec. 31, 2018
Current assets
Cash and cash equivalents	$ 71,960	$ 104,147
Accounts receivable, net	208,003	202,139
Inventories
Raw materials and supplies	46,337	48,134
Work-in-process and finished goods	46,610	45,956
Prepaid expenses and other current assets	18,403	18,134
Total current assets	391,313	418,510
Property, plant and equipment, at cost	254,400	254,237
Less accumulated depreciation	(172,084)	(170,314)
Net property, plant and equipment	82,316	83,923
Right of use lease asset	26,069	0
Goodwill	83,204	83,333
Other intangible assets, net	61,421	63,582
Investments in associated companies	22,726	21,316
Non-current deferred tax assets	9,333	6,946
Other assets	32,141	32,055
Total assets	708,523	709,665
Current liabilities
Short-term borrowings and current portion of long-term debt	661	670
Accounts and other payables	91,145	92,754
Accrued compensation	15,959	25,727
Other current liabilities	39,743	32,319
Total current liabilities	147,508	151,470
Long-term debt	11,720	35,934
Long-term lease liabilities	20,231	0
Non-current deferred tax liabilities	9,194	10,003
Other non-current liabilities	73,507	75,889
Total liabilities	262,160	273,296
Equity
Common stock $1 par value; authorized 30,000,000 shares; issued and outstanding 2019 - 13,333,668 shares; 2018 - 13,338,026 shares	13,334	13,338
Capital in excess of par value	96,832	97,304
Retained earnings	413,992	405,125
Accumulated other comprehensive loss	(79,167)	(80,715)
Total Quaker shareholders' equity	444,991	435,052
Noncontrolling interest	1,372	1,317
Total equity	446,363	436,369
Total liabilities and equity	$ 708,523	$ 709,665