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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets    
Cash and cash equivalents $ 161,552 $ 165,176
Accounts receivable, net 458,459 430,676
Inventories    
Raw materials and supplies 146,289 129,382
Work-in-process and finished goods 153,506 135,149
Prepaid expenses and other current assets 67,853 59,871
Total current assets 987,659 920,254
Property, plant and equipment, at cost 439,318 434,344
Less accumulated depreciation (242,203) (236,824)
Property, plant and equipment, net 197,115 197,520
Right of use lease assets 38,245 36,635
Goodwill 630,938 631,194
Other intangible assets, net 1,012,068 1,027,782
Investments in associated companies 90,003 95,278
Deferred tax assets 11,496 16,138
Other non-current assets 29,198 30,959
Total assets 2,996,722 2,955,760
Current liabilities    
Short-term borrowings and current portion of long-term debt 61,385 56,935
Accounts payable 253,906 226,656
Dividends payable 7,433 7,427
Accrued compensation 26,396 38,197
Accrued restructuring 4,435 4,087
Accrued pension and postretirement benefits 1,549 1,548
Other accrued liabilities 97,445 95,617
Total current liabilities 452,549 430,467
Long-term debt 858,287 836,412
Long-term lease liabilities 27,433 26,335
Deferred tax liabilities 170,622 179,025
Non-current accrued pension and postretirement benefits 44,667 45,984
Other non-current liabilities 47,464 49,615
Total liabilities 1,601,022 1,567,838
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]    
Common stock, $1 par value; authorized 30,000,000 shares; issued and outstanding 2022 - 17,911,583 shares; 2021 - 17,897,033 shares 17,912 17,897
Capital in excess of par value 918,699 917,053
Retained earnings 528,716 516,334
Accumulated other comprehensive loss (70,261) (63,990)
Total Quaker shareholders' equity 1,395,066 1,387,294
Noncontrolling interest 634 628
Total equity 1,395,700 1,387,922
Total liabilities and equity $ 2,996,722 $ 2,955,760