2016 Q1 Form 10-Q Financial Statement
#000008136216000029 Filed on April 27, 2016
Income Statement
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| Revenue | $178.1M | $181.3M |
| YoY Change | -1.79% | -0.19% |
| Cost Of Revenue | $110.1M | $115.0M |
| YoY Change | -4.27% | -1.34% |
| Gross Profit | $67.98M | $66.33M |
| YoY Change | 2.49% | 1.86% |
| Gross Profit Margin | 38.18% | 36.58% |
| Selling, General & Admin | $48.14M | $48.46M |
| YoY Change | -0.66% | 5.95% |
| % of Gross Profit | 70.82% | 73.07% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $3.157M | $3.071M |
| YoY Change | 2.8% | -0.13% |
| % of Gross Profit | 4.64% | 4.63% |
| Operating Expenses | $48.14M | $48.46M |
| YoY Change | -0.66% | 5.95% |
| Operating Profit | $19.84M | $17.86M |
| YoY Change | 11.05% | -7.79% |
| Interest Expense | $741.0K | $587.0K |
| YoY Change | 26.24% | 11.81% |
| % of Operating Profit | 3.74% | 3.29% |
| Other Income/Expense, Net | $102.0K | -$194.0K |
| YoY Change | -152.58% | -58.99% |
| Pretax Income | $19.55M | $17.40M |
| YoY Change | 12.32% | -7.57% |
| Income Tax | $6.305M | $5.359M |
| % Of Pretax Income | 32.26% | 30.79% |
| Net Earnings | $12.95M | $10.38M |
| YoY Change | 24.74% | -18.48% |
| Net Earnings / Revenue | 7.27% | 5.72% |
| Basic Earnings Per Share | $0.98 | $0.78 |
| Diluted Earnings Per Share | $0.98 | $0.78 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 13.12M shares | 13.19M shares |
| Diluted Shares Outstanding | 13.13M shares | 13.21M shares |
Balance Sheet
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $94.40M | $64.30M |
| YoY Change | 46.81% | 6.28% |
| Cash & Equivalents | $94.37M | $64.34M |
| Short-Term Investments | ||
| Other Short-Term Assets | $20.50M | $18.30M |
| YoY Change | 12.02% | -19.38% |
| Inventory | $78.20M | $77.20M |
| Prepaid Expenses | ||
| Receivables | $188.2M | $180.4M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $381.3M | $340.2M |
| YoY Change | 12.1% | 0.02% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $87.24M | $81.87M |
| YoY Change | 6.56% | -2.37% |
| Goodwill | $80.00M | $75.17M |
| YoY Change | 6.43% | 28.2% |
| Intangibles | $73.56M | $68.25M |
| YoY Change | 7.78% | 116.18% |
| Long-Term Investments | $21.19M | $20.50M |
| YoY Change | 3.39% | 0.03% |
| Other Assets | $32.41M | $33.59M |
| YoY Change | -3.52% | -7.15% |
| Total Long-Term Assets | $313.2M | $300.1M |
| YoY Change | 4.38% | 20.24% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $381.3M | $340.2M |
| Total Long-Term Assets | $313.2M | $300.1M |
| Total Assets | $694.6M | $640.3M |
| YoY Change | 8.48% | 8.58% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $69.75M | $71.72M |
| YoY Change | -2.75% | -11.86% |
| Accrued Expenses | $19.60M | $12.00M |
| YoY Change | 63.33% | -1.64% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $600.0K | $400.0K |
| YoY Change | 50.0% | -69.23% |
| Total Short-Term Liabilities | $115.4M | $108.8M |
| YoY Change | 6.07% | -14.99% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $97.62M | $72.70M |
| YoY Change | 34.28% | 322.29% |
| Other Long-Term Liabilities | $78.96M | $86.11M |
| YoY Change | -8.3% | 7.55% |
| Total Long-Term Liabilities | $176.6M | $158.8M |
| YoY Change | 11.19% | 63.25% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $115.4M | $108.8M |
| Total Long-Term Liabilities | $176.6M | $158.8M |
| Total Liabilities | $303.0M | $275.1M |
| YoY Change | 10.14% | 18.75% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $329.7M | $305.9M |
| YoY Change | 7.77% | 14.27% |
| Common Stock | $121.2M | $114.3M |
| YoY Change | 6.04% | 0.55% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $382.9M | $357.2M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $694.6M | $640.3M |
| YoY Change | 8.48% | 8.58% |
Cashflow Statement
| Concept | 2016 Q1 | 2015 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $12.95M | $10.38M |
| YoY Change | 24.74% | -18.48% |
| Depreciation, Depletion And Amortization | $3.157M | $3.071M |
| YoY Change | 2.8% | -0.13% |
| Cash From Operating Activities | $10.90M | $8.086M |
| YoY Change | 34.8% | -549.97% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $2.172M | $2.414M |
| YoY Change | -10.02% | -21.03% |
| Acquisitions | $1.384M | -$528.0K |
| YoY Change | -362.12% | |
| Other Investing Activities | -$1.100M | $700.0K |
| YoY Change | -257.14% | 75.0% |
| Cash From Investing Activities | -$3.300M | -$1.691M |
| YoY Change | 95.15% | -36.48% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $4.243M | $3.990M |
| YoY Change | 6.34% | 20.91% |
| Common Stock Issuance & Retirement, Net | $5.859M | $0.00 |
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 4.300M | -$5.080M |
| YoY Change | -184.65% | 45.23% |
| NET CHANGE | ||
| Cash From Operating Activities | 10.90M | $8.086M |
| Cash From Investing Activities | -3.300M | -$1.691M |
| Cash From Financing Activities | 4.300M | -$5.080M |
| Net Change In Cash | 11.90M | $1.315M |
| YoY Change | 804.94% | -116.53% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $10.90M | $8.086M |
| Capital Expenditures | $2.172M | $2.414M |
| Free Cash Flow | $8.728M | $5.672M |
| YoY Change | 53.88% | -216.85% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2016Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
78964000 | USD |
| CY2016Q1 | us-gaap |
Liabilities
Liabilities
|
303040000 | USD |
| CY2016Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
13236000 | USD |
| CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
21404000 | USD |
| CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
32218000 | USD |
| CY2015Q4 | us-gaap |
Assets Current
AssetsCurrent
|
365853000 | USD |
| CY2015Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
19166000 | USD |
| CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
87619000 | USD |
| CY2015Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
20354000 | USD |
| CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
13288000 | USD |
| CY2015Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
106333000 | USD |
| CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
8198000 | USD |
| CY2015Q4 | us-gaap |
Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
|
38223000 | USD |
| CY2015Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
188297000 | USD |
| CY2015Q4 | us-gaap |
Assets
Assets
|
681910000 | USD |
| CY2015Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
81439000 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
11400000 | USD |
| CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
681910000 | USD |
| CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
124555000 | USD |
| CY2015Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
71543000 | USD |
| CY2015Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
23468000 | USD |
| CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
326740000 | USD |
| CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
381243000 | USD |
| CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
373045000 | USD |
| CY2016Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
694566000 | USD |
| CY2016Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
|
0.85 | pure |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
|
0.15 | pure |
| CY2015Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
36876000 | USD |
| CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
300667000 | USD |
| CY2015Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
83273000 | USD |
| CY2015Q4 | us-gaap |
Debt Current
DebtCurrent
|
662000 | USD |
| CY2015Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
26881000 | USD |
| CY2016Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
| CY2016Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | shares |
| CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
13288113 | shares |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
|
P3Y | |
| CY2015Q4 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
|
1500000 | USD |
| CY2015Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
|
1900000 | USD |
| CY2015Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
11000000 | USD |
| CY2016Q1 | us-gaap |
Indefinite Lived Trademarks
IndefiniteLivedTrademarks
|
1100000 | USD |
| CY2015Q4 | us-gaap |
Indefinite Lived Trademarks
IndefiniteLivedTrademarks
|
1100000 | USD |
| CY2016Q1 | 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. | |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0.0149 | pure |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.2839 | pure |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0108 | pure |
| CY2016Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y | |
| CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
81053000 | USD |
| CY2016Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
13626000 | USD |
| CY2016Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
25397000 | USD |
| CY2016Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
115385000 | USD |
| CY2016Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
97620000 | USD |
| CY2016Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
11071000 | USD |
| CY2016Q1 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;color:#000000;' >Note 2</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' > – </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >Recently Issued Accounting Standards</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The Financial Accounting Standards Board ("FASB") issued an accounting standard update in March 2016 involving several aspects of the accounting for share-based payment transactions, including the income </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >tax consequences, classification of awards as either equity or liabilities, use of a forfeiture rate, and classification on the statement of cash flows. The guidance within this accounting standard update is effective for annual and interim periods beginn</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ing after December 15, 2016. Early adoption is permitted, however, if early adoption is elected, all amendments in the update must be adopted in the same period. When adopted, application of the guidance will vary based on each aspect of the update; incl</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >uding on a retrospective, modified retrospective or prospective basis. The Company has not early adopted and is currently evaluating the potential impact of this guidance and considering the appropriate implementation strategy. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >FASB</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > issued an accoun</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ting standard update in February 2016 regarding the accounting and disclosure for leases. Specifically, the update will require entities that lease assets to recognize the assets and liabilities for the rights and obligations created by those leases on th</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >e balance sheet</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, in most instances</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2018, and should be applied on a modified retrospective basis for the reporting periods presen</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ted. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Early adoption is permitted. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >has not early adopted and </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >is currently evaluating t</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >he potential impact of this guidance and considering the appropriate implementation strategy.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in November 2015 </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >regarding the classification of deferred taxes on the balance sheet.  The update requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet.  The update does not chang</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >e the existing requirement that only permits offsetting within a jurisdiction.  The guidance </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >within this accounting standard</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > update is effective for annual and interim periods beginning after December 15, 2016, and may be applied either prospectively, for</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > all deferred tax assets and liabilities, or retrospectively.  Early adoption is permitted.  </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >The Company has not early adopted</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Adoption of the guidance will not have an impact on the Company’s earnings or cash flow but will result in a balance sheet recl</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >assification between current and long-term assets and liabilities.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an ac</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >counting standard update in July 2015 regarding simplifying the measurement of inventory.  The guidance is applicable for entities that measure inventory using the FIFO or average cost methods.  Specifically, the update requires that inventory be measured </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >at lower of cost or net realizable value.  Net realizable value is the estimated selling price in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation.  The amendments in this update are effective fo</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >r fiscal years beginning after December 15, 2016, including interim periods within those fiscal years.  This guidance should be applied prospectively </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >with early adoption permitted. As of March 31, 2016, the Company has elected to early adopt this guidance</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > without a material impact.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in May 2015 regarding the required disclosures for entities that elect to measure the fair value of certain investments using the net asset value per share (or its equivalent) practi</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >cal expedient in accordance with the fair value measurement authoritative guidance.  The update removes the requirement to categorize withi</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >n the fair value hierarchy, and</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > also limits the requirement to make certain other disclosures, for all such investmen</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ts.  The amendments in this update are effective for fiscal years beginning after December 15, 2015, and interim periods within those fiscal years, and should be applied on a retrospective basis for the perio</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ds presented.  Early adoption was</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > permitted.  </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >As</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > of March 31, 2016, the Company has adopted this guidance without a material impact.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in April 2015 regarding the presentation of debt issuance costs on the balance sheet.  The update requires capitalized debt i</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ssuance costs be presented on the balance sheet as a reduction to debt, rather than recorded as a separate asset.  The amendments in this update are effective for annual and interim periods beginning after December 15, 2015 and should be applied on a retro</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >spective basis for the perio</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ds presented.  Early adoption was</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > permitted.  Also, in June 2015, the SEC staff announced that the guidance within this accounting standard update was not applicable to revolving debt arrangements or credit facilities.  </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >As of Ma</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >rch 31, 2016, the Company has adopted this guidance without a material impact.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The FASB issued an accounting standard update in May 2014 regarding the accounting for and disclosure of revenue recognition.  Specifically, the update outlined a single compreh</font><font style='font-family:Times New Roman;font-size:10pt;' >ensive model for entities to use in accounting for revenue arising from contracts with customers, which will be common to both U.S. GAAP and International Financial Reporting Standards (“IFRS”).  The guidance was effective for annual and interim periods be</font><font style='font-family:Times New Roman;font-size:10pt;' >ginning after December 15, 2016, </font><font style='font-family:Times New Roman;font-size:10pt;' >and</font><font style='font-family:Times New Roman;font-size:10pt;' > allowed for full retrospective adoption of prior period data or a modified retrospective adoption.  Early adoption was not permitted.  In August 2015, the FASB issued an accounting standard update to delay the effective date of the new revenue standard by</font><font style='font-family:Times New Roman;font-size:10pt;' > one year, or, in other words, to be effective for annual and interim periods beginning after December 15, 2017.  Entities will be permitted to adopt the new revenue standard early but not befor</font><font style='font-family:Times New Roman;font-size:10pt;' >e the original effective date. In March 2016, the FASB issued</font><font style='font-family:Times New Roman;font-size:10pt;' > an accounting standard update to clarify the implementation guidance on principal versus agent considerations. In April 2016, the FASB issued an accounting standard update to clarify the identification of performance obligations and the licensing impleme</font><font style='font-family:Times New Roman;font-size:10pt;' >ntation guidance, while retaining the related principles for those areas. The amendments in these 2016 updates do not change the core principle of the previously issued guidance in May 2014. The Company is currently evaluating the potential impact of the</font><font style='font-family:Times New Roman;font-size:10pt;' > new revenue recognition guidance and considering the appropriate implementation strategy. </font></p></div> | |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
72.12 | |
| CY2015Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-73316000 | USD |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
67444 | shares |
| CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
99671 | shares |
| CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
71.73 | |
| CY2016Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
94374000 | USD |
| CY2016Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
188218000 | USD |
| CY2016Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
37322000 | USD |
| CY2016Q1 | us-gaap |
Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
|
40898000 | USD |
| CY2016Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
20537000 | USD |
| CY2016Q1 | us-gaap |
Assets Current
AssetsCurrent
|
381349000 | USD |
| CY2016Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
236811000 | USD |
| CY2016Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
149576000 | USD |
| CY2016Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
87235000 | USD |
| CY2016Q1 | us-gaap |
Goodwill
Goodwill
|
80003000 | USD |
| CY2016Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
72464000 | USD |
| CY2016Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
21194000 | USD |
| CY2016Q1 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
19916000 | USD |
| CY2016Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
32405000 | USD |
| CY2016Q1 | us-gaap |
Assets
Assets
|
694566000 | USD |
| CY2016Q1 | us-gaap |
Debt Current
DebtCurrent
|
645000 | USD |
| CY2016Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
69748000 | USD |
| CY2016Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
107950000 | USD |
| CY2016Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
329684000 | USD |
| CY2016Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-68002000 | USD |
| CY2016Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
382868000 | USD |
| CY2016Q1 | us-gaap |
Minority Interest
MinorityInterest
|
8658000 | USD |
| CY2016Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
13236040 | shares |
| CY2016Q1 | us-gaap |
Depreciation
Depreciation
|
3157000 | USD |
| CY2015Q1 | us-gaap |
Depreciation
Depreciation
|
3071000 | USD |
| CY2015Q1 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
-1437000 | USD |
| CY2016Q1 | kwr |
Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
|
980000 | USD |
| CY2015Q1 | kwr |
Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
|
1091000 | USD |
| CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1798000 | USD |
| CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1685000 | USD |
| CY2016Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
20000 | USD |
| CY2015Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
21000 | USD |
| CY2016Q1 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
279000 | USD |
| CY2015Q1 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
115000 | USD |
| CY2016Q1 | us-gaap |
Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
|
2685000 | USD |
| CY2015Q1 | us-gaap |
Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
|
-10000 | USD |
| CY2016Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-2602000 | USD |
| CY2016Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1800000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2584000 | USD |
| CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1183000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2634000 | USD |
| CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-8647000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-9516000 | USD |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
10874000 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
8086000 | USD |
| CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2172000 | USD |
| CY2015Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-528000 | USD |
| CY2016Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
26000 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
80000 | USD |
| CY2016Q1 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
8000 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
10000 | USD |
| CY2016Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-271000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-105000 | USD |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-3251000 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-1691000 | USD |
| CY2016Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
14687000 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
| CY2016Q1 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
159000 | USD |
| CY2015Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
3990000 | USD |
| CY2016Q1 | us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
-253000 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
-50000 | USD |
| CY2016Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
5859000 | USD |
| CY2015Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
| CY2016Q1 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
104000 | USD |
| CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
4277000 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-5080000 | USD |
| CY2016Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1421000 | USD |
| CY2015Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2414000 | USD |
| CY2016Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
1384000 | USD |
| CY2015Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-1708000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-8565000 | USD |
| CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
13321000 | USD |
| CY2016Q1 | kwr |
Net Reporting Amount
NetReportingAmount
|
11100000 | USD |
| CY2015Q1 | kwr |
Net Reporting Amount
NetReportingAmount
|
11900000 | USD |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
64075 | shares |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
65.57 | |
| CY2016Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
167115 | shares |
| CY2016Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
71.89 | |
| CY2016Q1 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
64075 | shares |
| CY2016Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
65.57 | |
| CY2016Q1 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P5Y8M | |
| CY2016Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
11400000 | USD |
| CY2016Q1 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
|
1500000 | USD |
| CY2016Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
|
1900000 | USD |
| CY2016Q1 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
100000 | USD |
| CY2015Q1 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
200000 | USD |
| CY2016Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
100000 | USD |
| CY2015Q1 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
-100000 | USD |
| CY2016Q1 | us-gaap |
Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
|
800000 | USD |
| CY2015Q1 | us-gaap |
Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
|
700000 | USD |
| CY2016Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.323 | pure |
| CY2015Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.308 | pure |
| CY2016Q1 | us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
1045000 | USD |
| CY2016Q1 | kwr |
Finite Lived Intangible Assets Amortization Expense Current Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseCurrentFiscalYear
|
6895000 | USD |
| CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
6523000 | USD |
| CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
6303000 | USD |
| CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
6201000 | USD |
| CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
5924000 | USD |
| CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
5557000 | USD |
| CY2016Q1 | kwr |
Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
|
4386000 | USD |
| CY2016Q1 | kwr |
Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
|
-1296000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
5682000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
368000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
5314000 | USD |
| CY2015Q1 | kwr |
Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
|
-8345000 | USD |
| CY2015Q1 | kwr |
Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
|
-717000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-7628000 | USD |
| CY2016Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
178077000 | USD |
| CY2015Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
181330000 | USD |
| CY2016Q1 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
110202000 | USD |
| CY2015Q1 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
115002000 | USD |
| CY2016Q1 | us-gaap |
Gross Profit
GrossProfit
|
67875000 | USD |
| CY2015Q1 | us-gaap |
Gross Profit
GrossProfit
|
66328000 | USD |
| CY2016Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
48641000 | USD |
| CY2015Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
48464000 | USD |
| CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
19234000 | USD |
| CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
17864000 | USD |
| CY2015Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-194000 | USD |
| CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
741000 | USD |
| CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
587000 | USD |
| CY2015Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
320000 | USD |
| CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
19547000 | USD |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
17403000 | USD |
| CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
6305000 | USD |
| CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
5359000 | USD |
| CY2016Q1 | kwr |
Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
13242000 | USD |
| CY2015Q1 | kwr |
Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
12044000 | USD |
| CY2016Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
102000 | USD |
| CY2015Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-1437000 | USD |
| CY2016Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
398000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
229000 | USD |
| CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12946000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10378000 | USD |
| CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.98 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.78 | |
| CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.98 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.78 | |
| CY2016Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.32 | |
| CY2015Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.3 | |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
4733000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-11083000 | USD |
| CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
18720000 | USD |
| CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
64338000 | USD |
| CY2016Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
113000 | USD |
| CY2015Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
96000 | USD |
| CY2016Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
12833000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
10282000 | USD |
| CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
2072000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
460000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
259000 | USD |
| CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
18260000 | USD |
| CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
1813000 | USD |
| CY2015Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
1627000 | USD |
| CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
64731000 | USD |
| CY2016Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1798000 | USD |
| CY2015Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1685000 | USD |
| CY2016Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
113000 | USD |
| CY2015Q1 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
96000 | USD |
| CY2016Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
12833000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
10282000 | USD |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13116807 | shares |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13188761 | shares |
| CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
12587 | shares |
| CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
19896 | shares |
| CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13129394 | shares |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13208657 | shares |
| CY2016Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11742 | shares |
| CY2015Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4497 | shares |
| CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
79111000 | USD |
| CY2015Q4 | us-gaap |
Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
|
67435000 | USD |
| CY2015Q4 | us-gaap |
Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
|
23147000 | USD |
| CY2015Q4 | kwr |
Formulations And Product Technology
FormulationsAndProductTechnology
|
5808000 | USD |
| CY2015Q4 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
5788000 | USD |
| CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
102178000 | USD |
| CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
29991000 | USD |
| CY2015Q1 | us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
287000 | USD |
| CY2015Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
365129000 | USD |
| CY2016Q1 | kwr |
Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
|
1545000 | USD |
| CY2016Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
5859000 | USD |
| CY2016Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
4227000 | USD |
| CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
5376000 | USD |
| CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
|
13344000 | USD |
| CY2015Q1 | us-gaap |
Profit Loss
ProfitLoss
|
10607000 | USD |
| CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-8535000 | USD |
| CY2015Q1 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
0 | USD |
| CY2015Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
4000000 | USD |
| CY2015Q1 | kwr |
Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
|
1635000 | USD |
| CY2015Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
6303000 | USD |
| CY2016Q1 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
509000 | USD |
| CY2016Q1 | us-gaap |
Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
|
-175000 | USD |
| CY2016Q1 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
5969000 | USD |
| CY2015Q4 | us-gaap |
Disposal Group Including Discontinued Operation Intangible Assets Current
DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent
|
300000 | USD |
| CY2016Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2016Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-03-31 | |
| CY2016Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2016Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | |
| CY2016Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2016Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2016Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000081362 | |
| CY2016Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2016Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
| CY2016Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Quaker Chemical Corporation | |
| CY2016Q1 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2016Q1 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
Yes | |
| CY2016Q1 | dei |
Trading Symbol
TradingSymbol
|
KWR | |
| CY2016Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
13236040 | shares |
| CY2016Q1 | us-gaap |
Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
|
<div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >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 the principal, revenue is recognized on a gross reporting basis at the selling price negotiated </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >with customers. Where the Company acts as an agent, such revenue is</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > recorded using net reporting of service revenue</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, at the amount of the administrative fee earned by the Company for ordering the goods. </font></p></div> | |
| CY2016Q1 | us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
-509000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
0 | USD |
| CY2016Q1 | kwr |
Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
|
37418000 | USD |
| CY2015Q1 | kwr |
Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
|
36082000 | USD |
| CY2015Q1 | kwr |
Statutory Tax Rate
StatutoryTaxRate
|
0.15 | pure |
| CY2016Q1 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
5969000 | USD |
| CY2016Q1 | kwr |
Nonoperating Charges
NonoperatingCharges
|
16407000 | USD |
| CY2015Q1 | kwr |
Nonoperating Charges
NonoperatingCharges
|
16591000 | USD |
| CY2016Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
1777000 | USD |
| CY2016Q1 | us-gaap |
Licenses Revenue
LicensesRevenue
|
272000 | USD |
| CY2015Q1 | us-gaap |
Licenses Revenue
LicensesRevenue
|
254000 | USD |
| CY2016Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
312000 | USD |
| CY2015Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-594000 | USD |
| CY2016Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
5000 | USD |
| CY2015Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
52000 | USD |
| CY2016Q1 | kwr |
Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
|
21000 | USD |
| CY2015Q1 | kwr |
Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
|
69000 | USD |
| CY2016Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
124000 | USD |
| CY2015Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
72000 | USD |
| CY2016Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
28000 | USD |
| CY2015Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
47000 | USD |
| CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
32026000 | USD |
| CY2016Q1 | us-gaap |
Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
|
68180000 | USD |
| CY2016Q1 | us-gaap |
Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
|
23533000 | USD |
| CY2016Q1 | kwr |
Formulations And Product Technology
FormulationsAndProductTechnology
|
5808000 | USD |
| CY2016Q1 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
5869000 | USD |
| CY2016Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
103390000 | USD |
| CY2016Q1 | us-gaap |
Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
|
3600000 | USD |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
0 | USD |
| CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
200000 | USD |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
103040 | shares |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
75.82 | |
| CY2016Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P6Y5M | |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
2317000 | USD |
| CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
1027000 | USD |
| CY2016Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
1290000 | USD |
| CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-54406000 | USD |
| CY2016Q1 | us-gaap |
Disposal Group Including Discontinued Operation Intangible Assets Current
DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent
|
300000 | USD |
| CY2016Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
348000 | USD |
| CY2016Q1 | us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
104000 | USD |
| CY2016Q1 | kwr |
Statutory Tax Rate
StatutoryTaxRate
|
0.25 | pure |
| CY2016Q1 | us-gaap |
Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
|
-153000 | USD |
