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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 435,262 $ 286,040 $ 865,045 $ 664,601
Cost of goods sold (excluding amortization expense - See Note 14) 280,811 188,654 554,400 433,364
Gross profit 154,451 97,386 310,645 231,237
Selling, general and administrative expenses 108,679 86,667 212,989 185,368
Indefinite-lived intangible asset impairment 0 0 0 38,000
Restructuring and related charges 298 486 1,473 2,202
Combination, integration and other acquisition-related expenses 6,658 7,995 12,473 15,873
Operating income (loss) 38,816 2,238 83,710 (10,206)
Other income (expense), net 14,010 (993) 18,697 (22,168)
Interest expense, net (5,618) (6,811) (11,088) (15,272)
Income (loss) before taxes and equity in net income of associated companies 47,208 (5,566) 91,319 (47,646)
Taxes on income (loss) before equity in net income of associated companies 15,218 3,222 25,907 (9,848)
Income (loss) before equity in net income of associated companies 31,990 (8,788) 65,412 (37,798)
Equity in net income of associated companies 1,610 1,066 6,820 1,732
Net income (loss) 33,600 (7,722) 72,232 (36,066)
Less: Net income attributable to noncontrolling interest 30 13 47 50
Net income (loss) attributable to Quaker Chemical Corporation $ 33,570 $ (7,735) $ 72,185 $ (36,116)
Per share data:        
Net income (loss) attributable to Quaker Chemical Corporation common shareholders - basic $ 1.88 $ (0.43) $ 4.04 $ (2.03)
Net income (loss) attributable to Quaker Chemical Corporation common shareholders - diluted 1.88 (0.43) 4.03 (2.03)
Dividends declared $ 0.395 $ 0.385 $ 0.790 $ 0.770