XML 32 R16.htm IDEA: XBRL DOCUMENT v3.21.2
Other Income (Expense)
9 Months Ended
Sep. 30, 2021
Other Income and Expenses [Abstract]  
Other Income and Other Expense Disclosure [Text Block]
Note 10 – Other Income (Expense), Net
The components of other income (expense), net, for the three and nine months
 
ended September 30, 2021 and 2020 are as
follows:
Three Months Ended
Nine Months Ended
September 30,
 
September 30,
 
2021
2020
2021
2020
Income from third party license fees
$
314
$
190
$
1,026
$
702
Foreign exchange gains (losses), net
368
(1,897)
(1,948)
(3,080)
(Loss) gain on disposals of property,
 
plant, equipment and other
assets, net
(537)
(24)
4,819
(105)
Non-income tax refunds and other related credits
3
14,395
2,131
Pension and postretirement benefit income (costs),
 
non-service components
343
1,375
596
(22,491)
Other non-operating income, net
156
117
456
436
Total other income
 
(expense), net
$
647
$
(239)
$
19,344
$
(22,407)
The (Loss) gain on disposals of property,
 
plant, equipment and other assets, net, during the three months ended
 
September 30,
2021,
 
includes losses related to certain fixed asset disposals resulting from the
 
property damage caused by flooding of the Company’s
Conshohocken, Pennsylvania headquarters, described in Note 19 of Notes
 
to Condensed Consolidated Financial Statements, and
during the nine months ended September 30, 2021, includes the gain on the
 
sale of certain held-for-sale real property assets related to
the Combination.
 
Non-income tax refunds and other related credits during the nine months ended September
 
30, 2021 includes
certain non-income tax credits for the Company’s
 
Brazilian subsidiaries described in Note 19 of Notes to Condensed Consolidated
Financial Statements.
 
Pension and postretirement benefit income (costs), non-service
 
components during both the three and nine
months ended September 30, 2020 includes the refund in premium described
 
in Note 9 of Notes to Condensed Consolidated Financial
Statements.
 
In addition, this line also includes the Legacy Quaker U.S. Pension Plan non
 
-cash settlement charge during the nine
months ended September 30, 2020, also described in Note 9 of Notes to
 
Condensed Consolidated Financial Statements.