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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Net sales $ 469,759 $ 500,148
Cost of goods sold (excluding amortization expense - See Note 13) 288,196 326,698
Gross profit 181,563 173,450
Selling, general and administrative expenses 124,180 119,549
Restructuring and related charges, net 1,857 3,972
Operating income 55,526 49,929
Other income (expense), net 1,080 (2,239)
Interest expense, net (10,824) (13,242)
Income before taxes and equity in net income of associated companies 45,782 34,448
Taxes on income before equity in net income of associated companies 12,508 9,533
Income before equity in net income of associated companies 33,274 24,915
Equity in net income of associated companies 1,984 4,626
Net income 35,258 29,541
Less: Net income attributable to noncontrolling interest 31 7
Net income attributable to Quaker Chemical Corporation $ 35,227 $ 29,534
Per share data:    
Net income attributable to Quaker Chemical Corporation common shareholders – basic (in dollars per share) $ 1.96 $ 1.64
Net income attributable to Quaker Chemical Corporation common shareholders – diluted (in dollars per share) 1.95 1.64
Dividends declared (in dollars per share) $ 0.455 $ 0.435