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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net sales $ 1,953,313 $ 1,943,585 $ 1,761,158
Cost of goods sold (excluding amortization expense - See Note 15) 1,247,669 1,330,931 1,166,518
Gross profit 705,644 612,654 594,640
Selling, general and administrative expenses 483,561 455,408 418,856
Impairment charges 0 93,000 0
Restructuring and related charges, net 7,588 3,163 1,433
Combination, integration and other acquisition-related expenses 0 8,779 23,885
Operating income 214,495 52,304 150,466
Other (expense) income, net (10,672) (12,607) 18,851
Interest expense, net (50,699) (32,579) (22,326)
Income before taxes and equity in net income of associated companies 153,124 7,118 146,991
Taxes on income before equity in net income of associated companies 55,585 24,925 34,939
Income (loss) before equity in net income of associated companies 97,539 (17,807) 112,052
Equity in net income of associated companies 15,333 1,965 9,379
Net income (loss) 112,872 (15,842) 121,431
Less: Net income attributable to noncontrolling interest 124 89 62
Net income (loss) attributable to Quaker Chemical Corporation $ 112,748 $ (15,931) $ 121,369
Per share data:      
Net income (loss) attributable to Quaker Chemical Corporation common shareholders – basic (in dollars per share) $ 6.27 $ (0.89) $ 6.79
Net income (loss) attributable to Quaker Chemical Corporation common shareholders – diluted (in dollars per share) $ 6.26 $ (0.89) $ 6.77