2014 Q1 Form 10-Q Financial Statement

#000008136214000013 Filed on April 29, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $181.7M $176.2M
YoY Change 3.11% -0.81%
Cost Of Revenue $116.6M $113.6M
YoY Change 2.62% -3.61%
Gross Profit $65.11M $62.61M
YoY Change 4.0% 4.7%
Gross Profit Margin 35.84% 35.53%
Selling, General & Admin $45.74M $45.20M
YoY Change 1.2% 4.88%
% of Gross Profit 70.25% 72.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.075M $3.056M
YoY Change 0.62% -0.03%
% of Gross Profit 4.72% 4.88%
Operating Expenses $45.74M $45.20M
YoY Change 1.2% 4.88%
Operating Profit $19.37M $17.41M
YoY Change 11.27% 4.25%
Interest Expense $525.0K $744.0K
YoY Change -29.44% -36.63%
% of Operating Profit 2.71% 4.27%
Other Income/Expense, Net -$473.0K $346.0K
YoY Change -236.71% 1.47%
Pretax Income $18.83M $17.18M
YoY Change 9.58% 7.44%
Income Tax $6.546M $4.133M
% Of Pretax Income 34.77% 24.05%
Net Earnings $12.73M $14.19M
YoY Change -10.3% 8.23%
Net Earnings / Revenue 7.01% 8.05%
Basic Earnings Per Share $0.96 $1.04
Diluted Earnings Per Share $0.96 $1.04
COMMON SHARES
Basic Shares Outstanding 13.09M shares 13.00M shares
Diluted Shares Outstanding 13.11M shares 13.03M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $60.50M $35.30M
YoY Change 71.39% 85.79%
Cash & Equivalents $60.45M $35.26M
Short-Term Investments
Other Short-Term Assets $22.70M $17.80M
YoY Change 27.53% 4.71%
Inventory $78.00M $74.00M
Prepaid Expenses
Receivables $178.9M $157.2M
Other Receivables $0.00 $0.00
Total Short-Term Assets $340.1M $284.1M
YoY Change 19.71% 3.69%
LONG-TERM ASSETS
Property, Plant & Equipment $83.85M $84.93M
YoY Change -1.26% 1.12%
Goodwill $58.63M $59.25M
YoY Change -1.04% 0.31%
Intangibles $31.57M $34.07M
YoY Change -7.34% 8.85%
Long-Term Investments $20.49M $15.61M
YoY Change 31.33% 109.24%
Other Assets $36.17M $34.75M
YoY Change 4.09% -6.53%
Total Long-Term Assets $249.6M $256.4M
YoY Change -2.68% 3.25%
TOTAL ASSETS
Total Short-Term Assets $340.1M $284.1M
Total Long-Term Assets $249.6M $256.4M
Total Assets $589.7M $540.6M
YoY Change 9.09% 3.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $81.37M $74.81M
YoY Change 8.77% -1.9%
Accrued Expenses $12.20M $11.00M
YoY Change 10.91% 11.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.300M $1.900M
YoY Change -31.58% 216.67%
Total Short-Term Liabilities $128.0M $113.0M
YoY Change 13.23% 3.05%
LONG-TERM LIABILITIES
Long-Term Debt $17.22M $27.68M
YoY Change -37.8% -42.22%
Other Long-Term Liabilities $80.06M $91.68M
YoY Change -12.67% 5.44%
Total Long-Term Liabilities $97.28M $119.4M
YoY Change -18.49% -11.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $128.0M $113.0M
Total Long-Term Liabilities $97.28M $119.4M
Total Liabilities $231.7M $238.6M
YoY Change -2.9% -5.21%
SHAREHOLDERS EQUITY
Retained Earnings $267.7M $225.8M
YoY Change 18.56% 22.2%
Common Stock $113.7M $108.9M
YoY Change 4.35% 4.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $348.3M $293.0M
YoY Change
Total Liabilities & Shareholders Equity $589.7M $540.6M
YoY Change 9.09% 3.48%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $12.73M $14.19M
YoY Change -10.3% 8.23%
Depreciation, Depletion And Amortization $3.075M $3.056M
YoY Change 0.62% -0.03%
Cash From Operating Activities -$1.797M $11.31M
YoY Change -115.89% 67.94%
INVESTING ACTIVITIES
Capital Expenditures $3.057M $2.723M
YoY Change 12.27% -14.32%
Acquisitions $0.00 $647.0K
YoY Change -100.0%
Other Investing Activities $400.0K -$600.0K
YoY Change -166.67% -220.0%
Cash From Investing Activities -$2.662M -$3.357M
YoY Change -20.7% 27.59%
FINANCING ACTIVITIES
Cash Dividend Paid $3.300M $3.208M
YoY Change 2.87% 3.32%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$3.498M -$4.742M
YoY Change -26.23% 76.55%
NET CHANGE
Cash From Operating Activities -$1.797M $11.31M
Cash From Investing Activities -$2.662M -$3.357M
Cash From Financing Activities -$3.498M -$4.742M
Net Change In Cash -$7.957M $3.207M
YoY Change -348.11% 126.64%
FREE CASH FLOW
Cash From Operating Activities -$1.797M $11.31M
Capital Expenditures $3.057M $2.723M
Free Cash Flow -$4.854M $8.583M
YoY Change -156.55% 141.5%

Facts In Submission

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<p style='margin-top:0pt; margin-bottom:6pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">As part of the Company's chemical management services, certain third-party product sales to customers are managed by the Company. Where the Company acts as </font><font style="font-family:Times New Roman;font-size:10pt;">the </font><font style="font-family:Times New Roman;font-size:10pt;">principal, revenue is recognized on a gross reporting basis at the selling price negotiated with customers. Where the Company acts as </font><font style="font-family:Times New Roman;font-size:10pt;">an </font><font style="font-family:Times New Roman;font-size:10pt;">agent, such revenue is recorded using net reporting as service revenues, at the amount of the administrative fee earned by the Company for ordering the goods.</font></p>
CY2014Q1 kwr Net Reporting Amount
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CY2013Q1 kwr Net Reporting Amount
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CY2014Q1 us-gaap Immaterial Error Correction
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During the first quarter of 2013, the Company identified errors in Primex&#8217;s estimated 2012 financial statements, which primarily related to a reinsurance contract held by Primex. The identified errors resulted in a cumulative $1,038 understatement of the Company&#8217;s equity in net income from associated companies for the year ended December 31, 2012. The Company corrected the errors related to Primex in the first quarter of 2013, which had the net effect of increasing equity in net income from associated companies by $1,038 for the three months ended March 31, 2013. The Company did not believe this adjustment was material to its consolidated financial statements for the years ended December 31, 2012 or December 31, 2013 and, therefore, did not restate any prior period amounts.
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16222000 USD
CY2014Q1 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
35234000 USD
CY2013Q1 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
34512000 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
109007 shares
CY2014Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
73.47
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
37048 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
54.41
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
39.64
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
39897 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
75251 shares
CY2014Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
42.24
CY2014Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
-3292 shares
CY2014Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.00
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0200
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.4334
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0122
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
0.15
CY2014Q1 kwr Sharebased Compensation Arrangement By Sharebased Payment Award Maximum Number Of Shares Percentage Per Employee
SharebasedCompensationArrangementBySharebasedPaymentAwardMaximumNumberOfSharesPercentagePerEmployee
An employee whose stock ownership of the Company exceeds five percent of the outstanding common stock is not eligible to participate in this plan.
CY2014Q1 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
239000 USD
CY2013Q1 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
369000 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2572000 USD
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
1531000 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P3Y
CY2014Q1 us-gaap Licenses Revenue
LicensesRevenue
298000 USD
CY2014Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-799000 USD
CY2014Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
83000 USD
CY2014Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
55000 USD
CY2013Q1 us-gaap Licenses Revenue
LicensesRevenue
265000 USD
CY2013Q1 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
33000 USD
CY2013Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
97000 USD
CY2013Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
49000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12299000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
1895000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
2088000 USD
CY2013Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.241
CY2014Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-212000 USD
CY2014Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
-9000 USD
CY2014Q1 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
1075000 USD
CY2014Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.348
CY2014Q1 kwr Effect Of Uncertain Tax Position Adjustments Earnings Per Share Diluted
EffectOfUncertainTaxPositionAdjustmentsEarningsPerShareDiluted
0.02
CY2013Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
2108000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
2100000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12596000 USD
CY2014Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Upper Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeUpperBound
1900000 USD
CY2014Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Estimated Range Of Change Lower Bound
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleEstimatedRangeOfChangeLowerBound
1800000 USD
CY2013Q1 kwr Effect Of Uncertain Tax Position Adjustments Earnings Per Share Diluted
EffectOfUncertainTaxPositionAdjustmentsEarningsPerShareDiluted
0.10
CY2013Q1 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
1687000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-477000 USD
CY2013Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
93000 USD
CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2444 shares
CY2013Q1 kwr Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
111000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
13508000 USD
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13001963 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
29937 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13031900 shares
CY2013Q1 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
111000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13508000 USD
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13091503 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13111152 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
19649 shares
CY2014Q1 us-gaap Dividends Common Stock
DividendsCommonStock
-3308000 USD
CY2014Q1 kwr Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
1183000 USD
CY2013Q1 us-gaap Dividends Common Stock
DividendsCommonStock
-3219000 USD
CY2013Q1 kwr Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
981000 USD
CY2013Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
301973000 USD
CY2014Q1 kwr Finite Lived Intangible Assets Amortization Expense Current Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseCurrentFiscalYear
3252000 USD
CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2824 shares
CY2014Q1 kwr Undistributed Earnings Allocated To Participating Securities Diluted
UndistributedEarningsAllocatedToParticipatingSecuritiesDiluted
112000 USD
CY2014Q1 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
112000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
12618000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12618000 USD
CY2014Q1 us-gaap Goodwill Translation Adjustments
GoodwillTranslationAdjustments
482000 USD
CY2014Q1 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
5544000 USD
CY2014Q1 kwr Finite Lived Intangible Assets Accumulated Amortization Customer Lists
FiniteLivedIntangibleAssetsAccumulatedAmortizationCustomerLists
10730000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
51778000 USD
CY2014Q1 kwr Finite Lived Intangible Assets Accumulated Amortization Trademarks
FiniteLivedIntangibleAssetsAccumulatedAmortizationTrademarks
3366000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
22406000 USD
CY2014Q1 kwr Finite Lived Intangible Assets Accumulated Amortization Other
FiniteLivedIntangibleAssetsAccumulatedAmortizationOther
4554000 USD
CY2014Q1 kwr Formulations And Product Technology
FormulationsAndProductTechnology
5808000 USD
CY2014Q1 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
6837000 USD
CY2014Q1 kwr Finite Lived Intangible Assets Accumulated Amortization Formulations
FiniteLivedIntangibleAssetsAccumulatedAmortizationFormulations
3756000 USD
CY2014Q1 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
33589000 USD
CY2013Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
5544000 USD
CY2013Q4 kwr Finite Lived Intangible Assets Accumulated Amortization Formulations
FiniteLivedIntangibleAssetsAccumulatedAmortizationFormulations
3709000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
21577000 USD
CY2013Q4 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
6838000 USD
CY2013Q4 kwr Finite Lived Intangible Assets Accumulated Amortization Customer Lists
FiniteLivedIntangibleAssetsAccumulatedAmortizationCustomerLists
10221000 USD
CY2013Q4 kwr Finite Lived Intangible Assets Accumulated Amortization Trademarks
FiniteLivedIntangibleAssetsAccumulatedAmortizationTrademarks
3202000 USD
CY2013Q4 kwr Formulations And Product Technology
FormulationsAndProductTechnology
5808000 USD
CY2013Q4 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
33559000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
51749000 USD
CY2013Q4 kwr Finite Lived Intangible Assets Accumulated Amortization Other
FiniteLivedIntangibleAssetsAccumulatedAmortizationOther
4445000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3252000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2778000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2119000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2095000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2095000 USD
CY2014Q1 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
1100000 USD
CY2013Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
1100000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-734000 USD
CY2013Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-41747000 USD
CY2013Q1 kwr Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
280000 USD
CY2013Q1 kwr Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
562000 USD
CY2014Q1 us-gaap Line Of Credit Facility Covenant Terms
LineOfCreditFacilityCovenantTerms
Access to this facility is dependent on meeting certain financial, acquisition and other covenants, but primarily depends on the Company&#8217;s consolidated leverage ratio calculation, which cannot exceed 3.50 to 1.
CY2014Q1 us-gaap Line Of Credit Facility Covenant Compliance
LineOfCreditFacilityCovenantCompliance
At March 31, 2014 and December 31, 2013, the consolidated leverage ratio was below 1.0 to 1 and the Company was also in compliance with all of the facilities&#8217; other covenants.
CY2014Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
300000000 USD
CY2014Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
400000000 USD
CY2014Q1 kwr Line Of Credit Maturity Date
LineOfCreditMaturityDate
2018-06
CY2014Q1 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
0 USD
CY2013Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
0 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
289676000 USD
CY2014Q1 kwr Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
1758000 USD
CY2014Q1 kwr Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
211000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
1969000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-284000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1685000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-41855000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
108000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
842000 USD
CY2013Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
205000 USD
CY2014Q1 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
171000 USD

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