Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current assets
Cash and cash equivalents	$ 155,750	$ 123,524
Accounts receivable, net	338,875	375,982
Inventories
Raw materials and supplies	77,893	82,058
Work-in-process and finished goods	93,434	92,892
Prepaid expenses and other current assets	52,612	41,516
Total current assets	718,564	715,972
Property, plant and equipment, at cost	394,286	398,834
Less accumulated depreciation	(206,406)	(185,365)
Property, plant and equipment, net	187,880	213,469
Right of use lease assets	39,781	42,905
Goodwill	612,144	607,205
Other intangible assets, net	1,045,040	1,121,765
Investments in associated companies	92,163	93,822
Deferred tax assets	13,085	14,745
Other non-current assets	44,531	40,433
Total assets	2,753,188	2,850,316
Current liabilities
Short-term borrowings and current portion of long-term debt	38,630	38,332
Accounts and other payables	165,582	170,929
Accrued compensation	36,994	45,620
Accrued restructuring	8,893	18,043
Other current liabilities	87,041	87,010
Total current liabilities	337,140	359,934
Long-term debt	846,070	882,437
Long-term lease liabilities	28,061	31,273
Deferred tax liabilities	189,439	211,094
Other non-current liabilities	126,047	123,212
Total liabilities	1,526,757	1,607,950
Equity
Common stock $1 par value; authorized 30,000,000 shares; issued and outstanding 2020 - 17,830,541 shares; 2019 - 17,735,162 shares	17,831	17,735
Capital in excess of par value	900,602	888,218
Retained earnings	382,521	412,979
Accumulated other comprehensive loss	(75,010)	(78,170)
Total Quaker shareholders' equity	1,225,944	1,240,762
Noncontrolling interest	487	1,604
Total equity	1,226,431	1,242,366
Total liabilities and equity	$ 2,753,188	$ 2,850,316