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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 165,176 $ 181,833
Accounts receivable, net 430,676 372,974
Inventories, net 264,531 187,764
Prepaid expenses and other current assets 59,871 50,156
Total current assets 920,254 792,727
Property, plant and equipment, net 197,520 203,883
Right of use lease assets 36,635 38,507
Goodwill 631,194 631,212
Other intangible assets, net 1,027,782 1,081,358
Investments in associated companies 95,278 95,785
Non-current deferred tax assets 16,138 16,566
Other non-current assets 30,959 31,796
Total assets 2,955,760 2,891,834
Current liabilities    
Short-term borrowings and current portion of long-term debt 56,935 38,967
Accounts payable 226,656 191,821
Dividends payable 7,427 7,051
Accrued compensation 38,197 43,300
Accrued restructuring 4,087 8,248
Accrued pension and postretirement benefits 1,548 1,466
Other accrued liabilities 95,617 92,107
Total current liabilities 430,467 382,960
Long-term debt 836,412 849,068
Long-term lease liabilities 26,335 27,070
Deferred tax liabilities 179,025 192,763
Non-current accrued pension and post-retirement benefits 45,984 63,890
Other non-current liabilities 49,615 55,169
Total liabilities 1,567,838 1,570,920
Commitments and contingencies (Note 26)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common stock, $1 par value; authorized 30,000,000 shares; issued and outstanding 2021 - 17,897,033 shares; 2020 -17,850,616 shares 17,897 17,851
Capital in excess of par value 917,053 905,171
Retained earnings 516,334 423,940
Accumulated other comprehensive loss (63,990) (26,598)
Total Quaker shareholders' equity 1,387,294 1,320,364
Noncontrolling interest 628 550
Total equity 1,387,922 1,320,914
Total liabilities and equity $ 2,955,760 $ 2,891,834