2016 Form 10-K Financial Statement

#000008136217000006 Filed on February 28, 2017

View on sec.gov

Income Statement

Concept 2016 2015 Q4 2015 Q3
Revenue $746.7M $183.3M $189.2M
YoY Change 1.24% -5.54% -4.85%
Cost Of Revenue $466.6M $114.5M $117.9M
YoY Change 1.47% -8.03% -8.3%
Gross Profit $280.1M $68.77M $71.33M
YoY Change 0.85% -1.16% 1.46%
Gross Profit Margin 37.51% 37.52% 37.7%
Selling, General & Admin $193.7M $48.80M $52.60M
YoY Change -1.39% -8.1% 5.74%
% of Gross Profit 69.14% 70.97% 73.74%
Research & Development $22.50M
YoY Change 1.81%
% of Gross Profit 8.03%
Depreciation & Amortization $7.134M $5.000M $4.900M
YoY Change 1.77% 8.7% 13.95%
% of Gross Profit 2.55% 7.27% 6.87%
Operating Expenses $216.2M $48.80M $52.60M
YoY Change -1.06% -7.92% 5.74%
Operating Profit $85.35M $13.22M $18.73M
YoY Change 14.46% -19.79% -8.88%
Interest Expense $2.889M -$400.0K $697.0K
YoY Change 11.76% 33.33% 8.74%
% of Operating Profit 3.38% -3.03% 3.72%
Other Income/Expense, Net -$492.0K $300.0K $185.0K
YoY Change -85.43% -25.0% -79.76%
Pretax Income $31.18M $13.10M $18.64M
YoY Change 23.62% -21.08% -13.18%
Income Tax $23.23M $2.200M $4.541M
% Of Pretax Income 74.5% 16.79% 24.36%
Net Earnings $61.40M $11.39M $14.37M
YoY Change 19.97% -9.86% -8.44%
Net Earnings / Revenue 8.22% 6.22% 7.59%
Basic Earnings Per Share $4.64 $0.86 $1.08
Diluted Earnings Per Share $4.63 $0.86 $1.08
COMMON SHARES
Basic Shares Outstanding 13.14M shares 13.21M shares
Diluted Shares Outstanding 13.16M shares 13.22M shares

Balance Sheet

Concept 2016 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $88.80M $81.10M $96.20M
YoY Change 9.49% 25.35% 49.84%
Cash & Equivalents $88.80M $81.05M $96.16M
Short-Term Investments
Other Short-Term Assets $15.30M $13.60M $20.50M
YoY Change 12.5% -30.61% 3.54%
Inventory $77.10M $75.10M $78.50M
Prepaid Expenses
Receivables $195.2M $188.3M $194.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $376.5M $358.0M $390.0M
YoY Change 5.17% 1.85% 10.31%
LONG-TERM ASSETS
Property, Plant & Equipment $85.70M $87.62M $86.49M
YoY Change -2.17% 2.16% 3.22%
Goodwill $79.11M $78.41M
YoY Change 1.51%
Intangibles $74.39M $76.93M
YoY Change 4.03% 6893.55%
Long-Term Investments $22.80M $20.35M $19.62M
YoY Change 11.76% -6.42% -7.03%
Other Assets $53.10M $32.22M $32.31M
YoY Change -14.77% -4.52% -42.72%
Total Long-Term Assets $315.5M $322.7M $313.7M
YoY Change -2.23% 3.14% 7.94%
TOTAL ASSETS
Total Short-Term Assets $376.5M $358.0M $390.0M
Total Long-Term Assets $315.5M $322.7M $313.7M
Total Assets $692.0M $680.7M $703.7M
YoY Change 1.66% 2.46% 9.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $77.60M $67.29M $77.21M
YoY Change 15.3% -10.26% -10.1%
Accrued Expenses $21.10M $25.70M $17.70M
YoY Change -20.68% 8.44% 9.94%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $700.0K $700.0K $400.0K
YoY Change 0.0% 75.0% -33.33%
Total Short-Term Liabilities $127.4M $124.5M $122.5M
YoY Change 2.33% -0.31% -6.37%
LONG-TERM LIABILITIES
Long-Term Debt $65.80M $81.44M $107.9M
YoY Change -19.16% 8.11% 74.03%
Other Long-Term Liabilities $74.20M $42.58M $85.94M
YoY Change -10.92% -6.39% 9.63%
Total Long-Term Liabilities $140.0M $124.0M $193.9M
YoY Change -15.0% 2.65% 38.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $127.4M $124.5M $122.5M
Total Long-Term Liabilities $140.0M $124.0M $193.9M
Total Liabilities $289.3M $299.5M $327.6M
YoY Change -5.98% -0.3% 18.18%
SHAREHOLDERS EQUITY
Retained Earnings $326.7M $321.9M
YoY Change 9.09% 10.65%
Common Stock $119.6M $118.1M
YoY Change 6.47% 7.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $402.8M $373.0M $368.2M
YoY Change
Total Liabilities & Shareholders Equity $692.0M $680.7M $703.7M
YoY Change 1.66% 2.28% 9.24%

Cashflow Statement

Concept 2016 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $61.40M $11.39M $14.37M
YoY Change 19.97% -9.86% -8.44%
Depreciation, Depletion And Amortization $7.134M $5.000M $4.900M
YoY Change 1.77% 8.7% 13.95%
Cash From Operating Activities $73.80M $22.60M $23.50M
YoY Change 0.5% 35.33% -20.88%
INVESTING ACTIVITIES
Capital Expenditures $9.954M -$4.900M -$1.800M
YoY Change -9.78% 4.26% -37.93%
Acquisitions $15.02M
YoY Change -37.55%
Other Investing Activities -$14.80M $100.0K -$24.20M
YoY Change -36.21% -100.48% -53.19%
Cash From Investing Activities -$24.80M -$4.800M -$26.10M
YoY Change -27.48% -81.25% -52.11%
FINANCING ACTIVITIES
Cash Dividend Paid $17.63M
YoY Change 6.73%
Common Stock Issuance & Retirement, Net $5.859M
YoY Change -19.47%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -38.10M -31.40M 35.90M
YoY Change 125.48% -396.23% 13.61%
NET CHANGE
Cash From Operating Activities 73.80M 22.60M 23.50M
Cash From Investing Activities -24.80M -4.800M -26.10M
Cash From Financing Activities -38.10M -31.40M 35.90M
Net Change In Cash 10.90M -13.60M 33.30M
YoY Change -51.21% -900.0% 389.71%
FREE CASH FLOW
Cash From Operating Activities $73.80M $22.60M $23.50M
Capital Expenditures $9.954M -$4.900M -$1.800M
Free Cash Flow $63.85M $27.50M $25.30M
YoY Change 2.32% 28.5% -22.39%

Facts In Submission

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1.13
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
15038000 USD
CY2015Q2 us-gaap Gross Profit
GrossProfit
70617000 USD
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.08
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
CY2015Q3 us-gaap Gross Profit
GrossProfit
71329000 USD
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.86
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
11393000 USD
CY2015 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
5900000 USD
CY2016Q1 us-gaap Gross Profit
GrossProfit
67875000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
12946000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
15015000 USD
CY2016Q2 us-gaap Gross Profit
GrossProfit
71235000 USD
CY2016Q3 us-gaap Gross Profit
GrossProfit
70779000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
16008000 USD
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.13
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.21
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.13
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.98
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.21
CY2015Q4 us-gaap Gross Profit
GrossProfit
68766000 USD
CY2016 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016 dei Document Type
DocumentType
10-K
CY2016 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2016 dei Entity Central Index Key
EntityCentralIndexKey
0000081362
CY2016 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2016 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2014 us-gaap Sales Revenue Net
SalesRevenueNet
765860000 USD
CY2014 us-gaap Cost Of Goods Sold
CostOfGoodsSold
492654000 USD
CY2014 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
195850000 USD
CY2014 us-gaap Costs And Expenses
CostsAndExpenses
688504000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17785000 USD
CY2014 kwr Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
54754000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
261000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1526000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
51180000 USD
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
3.84
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.84
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-24869000 USD
CY2014 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-15701000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
3821000 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-6210000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-2561000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-2162000 USD
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-82000 USD
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-70000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-978000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-124000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
33159000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
38354000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
889000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
1568000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
32270000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
36786000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
81053000 USD
CY2015Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
188297000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
75099000 USD
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
13582000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
87619000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
79111000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
73287000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
32218000 USD
CY2015Q4 us-gaap Debt Current
DebtCurrent
662000 USD
CY2015Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
67291000 USD
CY2015Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
4252000 USD
CY2015Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19166000 USD
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
1144000 USD
CY2015Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
25696000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
81439000 USD
CY2015Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
40689000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
42584000 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 Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
326740000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
373045000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
381243000 USD
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13288113 shares
CY2015 us-gaap Depreciation
Depreciation
12395000 USD
CY2014 us-gaap Depreciation
Depreciation
12306000 USD
CY2015 us-gaap Adjustment For Amortization
AdjustmentForAmortization
6811000 USD
CY2014 us-gaap Adjustment For Amortization
AdjustmentForAmortization
4325000 USD
CY2015 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-578000 USD
CY2014 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
3180000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2401000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1007000 USD
CY2015 kwr Uncertain Tax Positions
UncertainTaxPositions
-1122000 USD
CY2014 kwr Uncertain Tax Positions
UncertainTaxPositions
-1256000 USD
CY2015 kwr Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
14000 USD
CY2014 kwr Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
3174000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
5919000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
5309000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
12000 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
86000 USD
CY2015 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
760000 USD
CY2014 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
1907000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
188000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
24944000 USD
CY2015 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1292000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5484000 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
721000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2003000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-9040000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2999000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-930000 USD
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
862000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
73432000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
54690000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
11033000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13052000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
24058000 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
73527000 USD
CY2015 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
135000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
201000 USD
CY2015 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
35000 USD
CY2014 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
44000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-725000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-1863000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-34196000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-84471000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
6163000 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
58771000 USD
CY2015 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
477000 USD
CY2014 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
1368000 USD
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
16513000 USD
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
14562000 USD
CY2015 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
1048000 USD
CY2014 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
804000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
384000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
453000 USD
CY2015 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2014 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
7422000 USD
CY2015 kwr Business Acquisition Contingent Consideration Actual Cash Payment
BusinessAcquisitionContingentConsiderationActualCashPayment
226000 USD
CY2014 kwr Business Acquisition Contingent Consideration Actual Cash Payment
BusinessAcquisitionContingentConsiderationActualCashPayment
4709000 USD
CY2015 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2014 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1806000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-16897000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
30161000 USD
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-6017000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4141000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
16322000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3761000 USD
CY2014 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-7422000 USD
CY2014 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
0 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
365135000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
619000 USD
CY2015 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
429000 USD
CY2015 us-gaap Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
5919000 USD
CY2015 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 USD
CY2015 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
351000 USD
CY2015 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
7276000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
388000 USD
CY2014 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
416000 USD
CY2014 us-gaap Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
5309000 USD
CY2014 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1806000 USD
CY2014 us-gaap Dividends Common Stock
DividendsCommonStock
15253000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-19943000 USD
CY2014 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
0 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
344696000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
52706000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-19547000 USD
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.26
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.15
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.355
CY2015 kwr Netreportingamount
Netreportingamount
48600000 USD
CY2014 kwr Netreportingamount
Netreportingamount
46800000 USD
CY2015 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22100000 USD
CY2014 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22100000 USD
CY2014Q4 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
149024000 USD
CY2015Q4 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
154662000 USD
CY2014 kwr Nonoperating Charges
NonoperatingCharges
67110000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4558000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
71260000 USD
CY2015 us-gaap Interest Expense
InterestExpense
2585000 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
1624000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
70230000 USD
CY2015 kwr Nonoperating Charges
NonoperatingCharges
69602000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7010000 USD
CY2015Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
1384000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-22639000 USD
CY2014 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
798000 USD
CY2014 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
2135000 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-54406000 USD
CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-20025000 USD
CY2015 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
3010000 USD
CY2015 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-1895000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-73316000 USD
CY2016 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2016 dei Document Period End Date
DocumentPeriodEndDate
2016-12-31
CY2014 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
84009000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
61403000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-13772000 USD
CY2015Q4 us-gaap Restructuring Reserve
RestructuringReserve
6303000 USD
CY2015 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-490000 USD
CY2014 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
0 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
20996000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
22713000 USD
CY2015 us-gaap Interest Paid
InterestPaid
2223000 USD
CY2014 us-gaap Interest Paid
InterestPaid
1894000 USD
CY2015 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
209000 USD
CY2014 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
-1158000 USD
CY2016 us-gaap Revenue Recognition Accounting Policy Gross And Net Revenue Disclosure
RevenueRecognitionAccountingPolicyGrossAndNetRevenueDisclosure
<div><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:18pt;' >Revenue recognition: </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company recognizes revenue in accordance with the terms of the underlying agreements,</font><font style='font-family:Times New Roman;font-size:10pt;' > when title and risk of loss have been transferred, when collectability is reasonably assured, and when pricing is fixed or determinable. </font><font style='font-family:Times New Roman;font-size:10pt;' > For the Company, t</font><font style='font-family:Times New Roman;font-size:10pt;' >his generally occurs when products are shipped to customers or, for consignment-type arrangements, </font><font style='font-family:Times New Roman;font-size:10pt;' >upon usage by the customer and </font><font style='font-family:Times New Roman;font-size:10pt;' >when services are performed. License fees and royalties are included in other income when recognized in accordance</font></p></div><p style='line-height:20pt;' /><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:0pt;' >with their agreed-upon terms, when performance obligations are satisfied, when the amount is fixed or determinable, and when collectability is r</font><font style='font-family:Times New Roman;font-size:10pt;' >easonably assured. As part of the Company&#8217;s chemical management services, certain third-party product sales to customers are managed by the Company. Where the Company acts as a principal, revenues are recognized on a gross reporting basis at the selling </font><font style='font-family:Times New Roman;font-size:10pt;' >price negotiated with its customers. Where the Company acts as an agent, such revenue is recorded using net reporting as service revenue at the amount of the administrative fee earned by the Company for ordering the goods. </font></p></div>
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
8100000 USD
CY2015Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
7815000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
4777000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1823000 USD
CY2016 kwr Netreportingamount
Netreportingamount
43500000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
900000 USD
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1100000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
99671 shares
CY2015 kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
141000 USD
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582000 USD
CY2015 us-gaap Licenses Revenue
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875000 USD
CY2014 us-gaap Licenses Revenue
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1063000 USD
CY2015 us-gaap Foreign Currency Transaction Gain Loss Realized
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-1184000 USD
CY2014 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1039000 USD
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6000 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets
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128000 USD
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261000 USD
CY2014 us-gaap Other Nonoperating Income
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329000 USD
CY2015 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
168000 USD
CY2014 us-gaap Other Nonoperating Expense
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296000 USD
CY2014 us-gaap Nonoperating Income Expense
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767000 USD
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9621000 USD
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2367000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
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787000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
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1863000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
3220000 USD
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DeferredTaxAssetsTaxDeferredExpenseUncertainTaxPositions
2785000 USD
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2402000 USD
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47457000 USD
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6259000 USD
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41198000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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5924000 USD
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DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
1107000 USD
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DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
14318000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
21349000 USD
CY2015Q4 us-gaap Line Of Credit
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62884000 USD
CY2015Q4 us-gaap Other Long Term Debt
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119000 USD
CY2015Q4 us-gaap Debt And Capital Lease Obligations
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82101000 USD
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662000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
81439000 USD
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CashAndCashEquivalentsAtCarryingValue
68492000 USD
CY2016 us-gaap Share Based Goods And Nonemployee Services Transaction Shares Approved For Issuance
ShareBasedGoodsAndNonemployeeServicesTransactionSharesApprovedForIssuance
75000 shares
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
1897000 USD
CY2015Q4 kwr Cash Surrender Value Company Owned Life Insurance Fair Value Disclosure
CashSurrenderValueCompanyOwnedLifeInsuranceFairValueDisclosure
1366000 USD
CY2015Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1366000 USD
CY2016Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
31151000 USD
CY2015Q4 kwr Debt Instrument Idrb
DebtInstrumentIdrb
15000000 USD
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LoansPayable
4098000 USD
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CommonStockParOrStatedValuePerShare
1
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
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PreferredStockSharesAuthorized
10000000 shares
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2015 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5919000 USD
CY2014 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5309000 USD
CY2015Q4 us-gaap Noncurrent Assets
NoncurrentAssets
140191000 USD
CY2014Q4 us-gaap Noncurrent Assets
NoncurrentAssets
141256000 USD
CY2015 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
12196000 USD
CY2014 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
12073000 USD
CY2014 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
5800000 USD
CY2015Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
1300000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
11032000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
178077000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
186915000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
190428000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
19234000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
22093000 USD
CY2015Q1 us-gaap Sales Revenue Net
SalesRevenueNet
181330000 USD
CY2015Q2 us-gaap Sales Revenue Net
SalesRevenueNet
183726000 USD
CY2015Q3 us-gaap Sales Revenue Net
SalesRevenueNet
189224000 USD
CY2015Q4 us-gaap Sales Revenue Net
SalesRevenueNet
183275000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
17864000 USD
CY2015Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets Current
DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent
300000 USD
CY2016 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;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 January 2017, simplifying the test for goodwill impairment by eliminating the Step 2 computation. The accounting standard update modifies the concept of</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > impairment from the condition that exists when the carrying amount of goodwill exceeds its implied fair value to the condition that exists when the carrying amount of a reporting unit exceeds its fair value. The guidance removes the requirement to determ</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ine a goodwill impairment by calculating the implied fair value of goodwill by assigning the fair value of a reporting unit to all of its assets and liabilities as if that reporting unit had been acquired in a business combination. The guidance within thi</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >s accounting standard update should be applied on a prospective basis, and is effective for annual or interim goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairmen</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >t tests performed on testing dates after January 1, 2017. The Company is still evaluating the guidance but currently anticipates early adoption of the accounting standard update for its next annual goodwill impairment test during 2017, and does not expect</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > a material impact to its financial statements. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;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 January 2017, amending and adding certain requirements regarding disclosure of the impact that specific recently issued accounting standards will have on</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > the financial statements of a registrant when such standards are adopted in a future period. This update is based on recent SEC announcements regarding the staff&#8217;s view that a registrant should evaluate accounting standard updates that have not yet been </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >adopted to determine the appropriate financial statement disclosures about the potential material effects of those accounting standard updates on the financial statements when adopted, particularly regarding the accounting for and disclosure of revenue rec</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ognition. The requirements of this accounting standard update are effective immediately and the Company has reviewed and considered this accounting standard update when revising certain disclosures, as applicable. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >update in January 2017 to clarify the definition of a business with the objective of adding guidance to assist companies with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments in</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > this accounting standard update provide a more robust framework to use in determining when a set of assets and activities is a business. The guidance within this accounting standard update is effective for annual and interim periods beginning after Decem</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ber 15, 2017. Early adoption is permitted in limited circumstances, and the amendments in this accounting standard update should be applied prospectively, with no disclosures required at transition. The Company does not currently meet the criteria for ea</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >rly application of the amendments and therefore has not early adopted the guidance. The Company will evaluate the potential impact of this guidance on future transactions, as applicable. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;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 2016 req</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >uiring that the statement of cash flows explain both the change in the total cash and cash equivalents, and, also, the amounts generally described as restricted cash or restricted cash equivalents. This will require amounts generally described as restrict</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ed cash or restricted cash equivalents be included with cash and cash equivalents when reconciling the beginning and ending amounts shown on the statement of cash flows. The guidance within this accounting standard update is effective for annual and inter</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >im periods beginning after December 15, 2017. Early adoption is permitted and the guidance requires application using a retrospective transition method to each period presented when adopted. While permitted, the Company has not early adopted the guidance</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > and is currently evaluating the appropriate implementation strategy. Adoption of the guidance will not have an impact on the Company&#8217;s earnings or balance sheet but will result in changes to certain disclosures within the statement of cash flows, notably</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > cash flows from investing activities.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;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 August 2016 to standardize how certain transactions are classified in the statement of cash flows. Specific transactions covered by the accounting standard update incl</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ude debt prepayment or debt extinguishment costs, settlement of zero-coupon debt instruments, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate a</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >nd bank owned life insurance policies, distributions received from equity method investments and beneficial interest in securitization transactions. The guidance within this accounting standard update is effective for annual and interim periods beginning </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >after December 15, 2017. Early adoption is permitted, provided that all of the amendments are adopted in the same period. The guidance requires application using a retrospective transition method. While permitted, the Company has not early adopted the gu</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >idance and is currently evaluating the appropriate implementation strategy. Adoption of the guidance will not have an impact on the Company&#8217;s earnings or balance sheet but may result in certain reclassifications on the statement of cash flows, including r</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >eclassifications between cash flows from operating activities, investing activities and financing activities, respectively.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;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 March 2016 involving several aspects of the accounting for share-based payment tran</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >sactions, including the income 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 an</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >nual and interim periods beginning 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 </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >each aspect of the update, including adoption under retrospective, modified retrospective or prospective approaches. The Company has not early adopted and is currently evaluating the potential impact of this guidance and an appropriate implementation stra</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >tegy. The Company will adopt the guidance in this accounting standard update during the first quarter of 2017, as required. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;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 February 2016 regarding the accounting and disclosure for leases. Specificall</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >y, the update will require entities that lease assets to recognize the assets and liabilities for the rights and obligations created by those leases on the balance sheet, in most instances. The guidance within this accounting standard update is effective </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >for annual and interim periods beginning after December 15, 2018, and should be applied on a modified retrospective basis for the reporting </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >periods presented. Early adoption is permitted. The Company has not early adopted and is currently evaluating the </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >potential impact of this guidance and an appropriate implementation strategy. The Company has begun its impact assessment, including taking an inventory of its outstanding leases globally. While the Company&#8217;s evaluation of this guidance is in the early s</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >tages, the Company currently expects adoption of this guidance to have an impact on its balance sheet.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;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 regarding the classification of deferred taxes on the balance sheet. The update requires </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >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 change the existing requirement that only permits offsetting within a jurisdiction. The guidan</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ce within this accounting standard update is effective for annual and interim periods beginning after December 15, 2016, and may be applied either prospectively, for 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;' > During the fourth quarter of 2016, the Company early adopted the guidance of this accounting standard update and </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >applied the guidance in this accounting standard update retrospectively. Including the first quarter of 2016 revision noted in Note 1 of Not</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >es to Consolidated Financial Statements, adoption of the accounting standard update resulted in a reclassification to the Company&#8217;s Consolidated Balance Sheet as of December 31, 2015, reducing current deferred tax assets by $7.8 million, current deferred t</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ax liabilities by less than $0.1 million, and non-current deferred tax liabilities by $4.7 million, and increasing non-current deferred tax assets by $3.0 million. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Adoption of the guidance had no impact on the Company&#8217;s earnings or cash flow.</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;' >See Note 7 </font><font style='font-family:Times New Roman;font-size:10pt;' >of Notes to Consolidated Financial Statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;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 July 2015 regarding simplifying the measurement of inventory. The guidance is applicable for entities that measure inventory using the FIFO or average cost met</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >hods. Specifically, the update requires that inventory be measured 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</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > and transportation. The amendments in this update are effective for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years. This guidance should be applied prospectively with early adoption permitted. During</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > the first quarter of 2016, the Company elected to early adopt this guidance without a material impact.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;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 certai</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >n investments using the net asset value (&#8220;NAV&#8221;) per share (or its equivalent) practical expedient in accordance with the fair value measurement authoritative guidance. The update removes the requirement to categorize within the fair value hierarchy, and a</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >lso limits the requirement to make certain other disclosures, for all such investments. 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</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > a retrospective basis for the periods presented. Early adoption was permitted. During the first quarter of 2016, the Company adopted this guidance without a material impact. See Note 17 </font><font style='font-family:Times New Roman;font-size:10pt;' >of Notes to Consolidated Financial Statements.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >an accounting standard update in April 2015 regarding the presentation of debt issuance costs on the balance sheet. The update requires capitalized debt issuance costs be presented on the balance sheet as a reduction to debt, rather than recorded as a sep</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >arate asset. The amendments in this update are effective for annual and interim periods beginning after December 15, 2015 and should be applied on a retrospective basis for the periods presented. Early adoption was permitted. Also, in June 2015, the SEC</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > staff announced that the guidance within this accounting standard update was not applicable to revolving debt arrangements or credit facilities. During the first quarter of 2016, the Company adopted this guidance without a material impact.</font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;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 2014 regarding the accounting for and disclosure of revenue recognition. Specifically, the update outlined a single comprehensive model for entities to use in accounting for revenue arising from contrac</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ts with customers, which will be common to both U.S. GAAP and International Financial Reporting Standards (&#8220;IFRS&#8221;). The guidance was effective for annual and interim periods beginning after December 15, 2016, and allowed for full retrospective adoption of</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 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 one year, or, in other words, to be effect</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ive for annual and interim periods beginning after December 15, 2017. Entities will be permitted to adopt the new revenue standard early but not before the original effective date. During 2016, the FASB issued a series of accounting standard updates to c</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >larify and expand on the implementation guidance, including principal versus agent considerations, identification of performance obligations, licensing, other technical corrections and adding certain practical expedients. The amendments in these 2016 upda</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >tes do not change the core principle of the previously issued guidance in May 2014. </font></p><p style='text-align:left;margin-top:0pt;margin-bottom:4.5pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >During 2016, the Company reviewed its historical accounting policies and practices to identify potential differences with the requirements of the new revenue standard, as </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >it relates to the Company&#8217;s contracts and sales arrangements. As of December 31, 2016, the Company has progressed its impact assessment for the implementation of the new revenue recognition guidance, including contract reviews and preliminary consideratio</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ns for the Company&#8217;s future financial reporting and disclosure requirements. While the impact assessment continues, the Company has not yet selected a method, and, also, has yet to conclude on the impact of the accounting standard update. The Company cur</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >rently expects its determination will be near completion during the first half of 2017. </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company is still assessing the materiality and the potential </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >impact on its earnings, cash flows, and balance sheet, however; the Company does expect its adoption t</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >o increase the amount and level of disclosures concerning the Company&#8217;s net sales.</font></p></div>
CY2015 us-gaap Cost Of Goods Sold
CostOfGoodsSold
460515000 USD
CY2015 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
198990000 USD
CY2015 us-gaap Restructuring Charges
RestructuringCharges
6790000 USD
CY2015 us-gaap Costs And Expenses
CostsAndExpenses
666295000 USD
CY2015 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-69000 USD
CY2015 kwr Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
52445000 USD
CY2014 us-gaap Investment Income Interest
InvestmentIncomeInterest
2541000 USD
CY2015 us-gaap Sales Revenue Net
SalesRevenueNet
737555000 USD
CY2014 us-gaap Interest Expense
InterestExpense
2371000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
78293000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23539000 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3543000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
58297000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1805000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
56492000 USD
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.27
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.26
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
77356000 USD
CY2016 us-gaap Sales Revenue Net
SalesRevenueNet
746665000 USD
CY2016 us-gaap Cost Of Goods Sold
CostOfGoodsSold
467072000 USD
CY2016 us-gaap Restructuring Charges
RestructuringCharges
-439000 USD
CY2016 us-gaap Costs And Expenses
CostsAndExpenses
663614000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
83051000 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1810000 USD
CY2016 us-gaap Interest Expense
InterestExpense
2889000 USD
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
2037000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
23226000 USD
CY2016 kwr Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
60783000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2256000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1636000 USD
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.63
CY2016 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-2990000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-2155000 USD
CY2016 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-82000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
537000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14152000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
48887000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
1575000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
47312000 USD
CY2015Q4 us-gaap Assets Current
AssetsCurrent
358031000 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
20354000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
30107000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
680727000 USD
CY2015Q4 us-gaap Assets
Assets
680727000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
124514000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
10258000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
299484000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
88818000 USD
CY2016Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
195225000 USD
CY2016Q4 us-gaap Inventory Net
InventoryNet
77082000 USD
CY2016Q4 us-gaap Assets Current
AssetsCurrent
376468000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
85734000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
73071000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
22817000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
24382000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
28752000 USD
CY2016Q4 us-gaap Debt Current
DebtCurrent
707000 USD
CY2016Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
4581000 USD
CY2016Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
19356000 USD
CY2016Q4 us-gaap Restructuring Reserve
RestructuringReserve
670000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
1086000 USD
CY2016Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
23428000 USD
CY2016Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
65769000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
12008000 USD
CY2016Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
38348000 USD
CY2016Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
35886000 USD
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
13278000 USD
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
112475000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
364414000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-87407000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
402760000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
9846000 USD
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13277832 shares
CY2016 us-gaap Depreciation
Depreciation
12557000 USD
CY2016 us-gaap Adjustment For Amortization
AdjustmentForAmortization
7009000 USD
CY2016 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
1969000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5488000 USD
CY2016 kwr Uncertain Tax Positions
UncertainTaxPositions
-3206000 USD
CY2016 kwr Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
-424000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
6349000 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
18000 USD
CY2016 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
1023000 USD
CY2016 us-gaap Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
3420000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
11705000 USD
CY2016 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1870000 USD
CY2016 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
703000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
14566000 USD
CY2016 us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-5252000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-5226000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
73753000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
9954000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
15024000 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
186000 USD
CY2016 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
32000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-991000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-23769000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2016 us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
14513000 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
17625000 USD
CY2016 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
-811000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
678000 USD
CY2016 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2016 kwr Business Acquisition Contingent Consideration Actual Cash Payment
BusinessAcquisitionContingentConsiderationActualCashPayment
0 USD
CY2016 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-38130000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4089000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7765000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
25043000 USD
CY2016 us-gaap Interest Paid
InterestPaid
2481000 USD
CY2016 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
363000 USD
CY2016 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
22500000 USD
CY2016 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
5859000 USD
CY2016 us-gaap Dividends Common Stock
DividendsCommonStock
17954000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-1302000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
491000 USD
CY2016 us-gaap Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
6349000 USD
CY2016 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
678000 USD
CY2016Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
1400000 USD
CY2016 us-gaap Payments For Restructuring
PaymentsForRestructuring
5252000 USD
CY2016 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-58000 USD
CY2015 us-gaap Payments For Restructuring
PaymentsForRestructuring
490000 USD
CY2015 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-3000 USD
CY2014Q4 us-gaap Restructuring Reserve
RestructuringReserve
0 USD
CY2016 us-gaap Restructuring And Related Cost Description
RestructuringAndRelatedCostDescription
The 2015 Program included provisions for the reduction of total headcount by approximately 65 employees globally. As a result of this program, the Company recognized a $6.8 million, or $0.36 per diluted share, restructuring charge in the fourth quarter of 2015. Employee separation costs varied depending on local regulations within certain foreign countries and included severance and other benefits. The Company substantially completed all of the initiatives under the 2015 Program in 2016 and settlement of these charges occurred primarily in 2016 as well. During the fourth quarter of 2016, the Company recognized a restructuring credit of $0.4 million, or $0.02 per diluted share, in connection with the 2015 Program, due to customary and routine adjustments to initial estimates for employee separation costs, as well as the reversal of certain accrued employee separation costs as a result of the change in available-for-sale technology, noted above. At this time, the Company does not expect to incur material additional restructuring charges or credits under the 2015 Program
CY2016Q4 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
158378000 USD
CY2016 kwr Nonoperating Charges
NonoperatingCharges
68632000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7134000 USD
CY2014Q4 us-gaap Assets
Assets
664376000 USD
CY2016Q4 us-gaap Noncurrent Assets
NoncurrentAssets
137303000 USD
CY2016 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
12432000 USD
CY2016 kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
398000 USD
CY2016 us-gaap Licenses Revenue
LicensesRevenue
978000 USD
CY2016 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
172000 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
50000 USD
CY2016 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
338000 USD
CY2016 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
126000 USD
CY2016Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
37772000 USD
CY2016Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
39310000 USD
CY2016Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
9278000 USD
CY2016Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2753000 USD
CY2016Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
2699000 USD
CY2016Q4 kwr Accruedfreightcostscurrent
Accruedfreightcostscurrent
2212000 USD
CY2016Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1980000 USD
CY2016Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
754000 USD
CY2016Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
0 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3752000 USD
CY2016Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
520000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6349000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
117220 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
67444 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
49895 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
103040 shares
CY2016Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
23428000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
14180 shares
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
72.12
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
63.78
CY2016Q4 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
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
71.87
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y6M
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y8M
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y1M
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
75.34
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
71.73
CY2016Q4 kwr Restricted Insurance Settlements
RestrictedInsuranceSettlements
21883000 USD
CY2016Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
7933000 USD
CY2016Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
5550000 USD
CY2016Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
117220 shares
CY2016Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
75.34
CY2016Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
71.87
CY2016Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
14180 shares
CY2016 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P5Y6M
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2900000 USD
CY2016Q4 kwr Director Retainer Annual Fee
DirectorRetainerAnnualFee
100000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
4680000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
518000 USD
CY2016 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
12540000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
17738000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4601000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
104000 USD
CY2016 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
783000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
31175000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
52834000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
8236000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1925000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
707000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
1623000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
3670000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
5197000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2088000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
7755000 USD
CY2016Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
7343000 USD
CY2016Q4 kwr Deferred Tax Assets Tax Deferred Expense Uncertain Tax Positions
DeferredTaxAssetsTaxDeferredExpenseUncertainTaxPositions
-101000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
217000 USD
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2834000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
41494000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6344000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
35150000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
5709000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
1055000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
16012000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
22776000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
12374000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
29403000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2862000 USD
CY2016 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
2939000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
5493000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
238000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-833000 USD
CY2016 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
875000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
357000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
238000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
590000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6240000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1921000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5744000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
1258000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
100000 USD
CY2016Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
220000000000 USD
CY2016Q4 us-gaap Increase In Unrecognized Tax Benefits Is Reasonably Possible
IncreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
1000000 USD
CY2016Q4 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
1100000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
700000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
1600000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1800000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
1100000 USD
CY2016 kwr Unrecognized Tax Benefits Income Tax Penalties Income
UnrecognizedTaxBenefitsIncomeTaxPenaltiesIncome
-200000 USD
CY2014 kwr Unrecognized Tax Benefits Income Tax Penalties Income
UnrecognizedTaxBenefitsIncomeTaxPenaltiesIncome
-100000 USD
CY2015 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
200000 USD
CY2016Q4 kwr Unrecognized Tax Benefits Interest Income On Income Taxes
UnrecognizedTaxBenefitsInterestIncomeOnIncomeTaxes
-700000 USD
CY2015Q4 kwr Unrecognized Tax Benefits Interest Income On Income Taxes
UnrecognizedTaxBenefitsInterestIncomeOnIncomeTaxes
-200000 USD
CY2014Q4 kwr Unrecognized Tax Benefits Interest Income On Income Taxes
UnrecognizedTaxBenefitsInterestIncomeOnIncomeTaxes
-100000 USD
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202400000 USD
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100000 USD
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9707000 USD
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80740000 USD
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140595000 USD
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4964000 USD
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236006000 USD
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150272000 USD
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500000 USD
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400000 USD
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100000 USD
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CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
100000 USD
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CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
100000 USD
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3197000 USD
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GoodwillForeignCurrencyTranslationGainLoss
-1504000 USD
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FiniteLivedCustomerListsGross
71454000 USD
CY2016Q4 us-gaap Disposal Group Including Discontinued Operation Changes To Plan Of Sale
DisposalGroupIncludingDiscontinuedOperationChangesToPlanOfSale
During the fourth quarter of 2016, the Company made a decision to no longer market or make available-for-sale this technology, which resulted in $0.3 million of other current assets being reclassified back to intangible assets as of December 31, 2016.
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.64
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SalesRevenueNet
191245000 USD
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LiabilitiesAndStockholdersEquity
692028000 USD
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DebtAndCapitalLeaseObligations
66476000 USD
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58000 USD
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OtherLongTermDebtCurrent
649000 USD
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OtherFiniteLivedIntangibleAssetsGross
6023000 USD
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FiniteLivedIntangibleAssetsGross
108913000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
36942000 USD
CY2015Q4 kwr Finite Lived Trademarks Formulations And Product Technology Gross
FiniteLivedTrademarksFormulationsAndProductTechnologyGross
28955000 USD
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FiniteLivedTrademarksFormulationsAndProductTechnologyGross
31436000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
7004000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
6770000 USD
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FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
6670000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6400000 USD
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FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
6029000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
21883000 USD
CY2016Q4 kwr Uncertaintaxpositionassetsnoncurrent
Uncertaintaxpositionassetsnoncurrent
3892000 USD
CY2016Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
1410000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1567000 USD
CY2016 us-gaap Interest Income Other Domestic Deposits
InterestIncomeOtherDomesticDeposits
100000 USD
CY2016 us-gaap Loss Contingency Settlement Agreement Terms
LossContingencySettlementAgreementTerms
Previously, an inactive subsidiary of the Company executed separate settlement and release agreements with two of its insurance carriers for $35.0 million, of which $21.9 million remains. The proceeds of both settlements are restricted and can only be used to pay claims and costs of defense associated with the subsidiary’s asbestos litigation.
CY2016Q4 kwr Cash Surrender Value Company Owned Life Insurance Fair Value Disclosure
CashSurrenderValueCompanyOwnedLifeInsuranceFairValueDisclosure
1410000 USD
CY2016Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1410000 USD
CY2015Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
47948000 USD
CY2016Q4 kwr Debt Instrument Idrb
DebtInstrumentIdrb
15000000 USD
CY2016Q4 us-gaap Loans Payable
LoansPayable
3470000 USD
CY2016Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
58000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
707000 USD
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
53364000 USD
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
645000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
641000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
341000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-17106000 USD
CY2016 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
3058000 USD
CY2016 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-43000 USD
CY2016 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
83879 shares
CY2016 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
55982 shares
CY2016 us-gaap Stock Issued During Period Shares Employee Stock Ownership Plan
StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan
6130 shares
CY2016 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
11486 shares
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
5279000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2967000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2613000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2225000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1962000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
9758000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
5600000 USD
CY2016Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
200000 USD
CY2016Q4 us-gaap Assets
Assets
692028000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
15343000 USD
CY2016Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
77583000 USD
CY2016Q4 us-gaap Liabilities Current
LiabilitiesCurrent
127411000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
279422000 USD
CY2016Q4 us-gaap Gross Profit
GrossProfit
69704000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
20385000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
17434000 USD
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.31
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.31
CY2016 us-gaap Accounts Receivable Additional Narrative Disclosure
AccountsReceivableAdditionalNarrativeDisclosure
Included in write-offs charged to allowance during 2016 was $1.6 million of outstanding receivables related to a prior year customer bankruptcy which the Company previously reserved, but settled during 2016.
CY2016Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
170745000 USD
CY2016Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
167139000 USD
CY2016Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
136041000 USD
CY2016Q4 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Benefit Obligation
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateBenefitObligation
170745000 USD
CY2016Q4 us-gaap Defined Benefit Plan Plans With Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPlansWithBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
136041000 USD
CY2016 us-gaap Defined Benefit Plan Future Amortization Of Gain Loss
DefinedBenefitPlanFutureAmortizationOfGainLoss
-3466000 USD
CY2016 us-gaap Defined Benefit Plan Future Amortization Of Prior Service Cost Credit
DefinedBenefitPlanFutureAmortizationOfPriorServiceCostCredit
-92000 USD
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DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear
3374000 USD
CY2016Q4 us-gaap Defined Benefit Plan Year That Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearThatRateReachesUltimateTrendRate
2037
CY2016 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.067 pure
CY2016 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.045 pure
CY2016 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
12000 USD
CY2016 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
352000 USD
CY2016 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
10000 USD
CY2016 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
308000 USD
CY2015Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
122857000 USD
CY2016Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
136041000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
6709000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
6588000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
6699000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
6665000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
7268000 USD
CY2016Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
40026000 USD
CY2016 us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear
7800000 USD
CY2016Q4 us-gaap Defined Benefit Plan Amount Of Employer And Related Party Securities Included In Plan Assets
DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets
1300000 USD
CY2016 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.03 pure
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2700000 USD
CY2015Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
300000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
6203000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
5403000 USD
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
800000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5859000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7276000 USD
CY2016 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
196981000 USD
CY2015 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
2591000 USD
CY2014 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
1265000 USD
CY2015Q4 kwr Defined Benefit Plan Fair Value Of Plan Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsMeasuredAtNetAssetValue
3274000 USD
CY2016 kwr Director Stock Ownership Cash Retainer
DirectorStockOwnershipCashRetainer
Under the Plan, each director who, on May 1 of the applicable calendar year, owns less than 400% of the annual cash retainer for the applicable calendar year, divided by the average of the closing price of a share of Quaker Common Stock as reported by the composite tape of the New York Stock Exchange for the previous calendar year (the “Threshold Amount”), is required to receive 75% of the annual cash retainer in Quaker common stock and 25% of the retainer in cash, unless the director elects to receive a greater percentage of Quaker common stock, up to 100% of the annual cash retainer for the applicable year. Each director who owns more than the Threshold Amount may elect to receive common stock in payment of a percentage (up to 100%) of the annual cash retainer.
CY2016Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
670000 USD
CY2016 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div><p style='text-align:left;margin-top:4pt;margin-bottom:4pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:18pt;' >Reclassifications</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;' >:</font><font style='font-family:Times New Roman;font-size:10pt;' > Certain information has been reclassified to conform to the current year presentation. </font></p></div>
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
869000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
416000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
93000 USD
CY2016Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
167100000 USD
CY2016Q4 kwr Defined Benefit Plan Fair Value Of Plan Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsMeasuredAtNetAssetValue
49450000 USD
CY2016Q4 kwr Defined Benefit Plan Fair Value Of Plan Assets Excluding Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsExcludingAssetsMeasuredAtNetAssetValue
86591000 USD
CY2015Q4 kwr Defined Benefit Plan Fair Value Of Plan Assets Excluding Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsExcludingAssetsMeasuredAtNetAssetValue
119583000 USD
CY2016 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
73000 USD
CY2016Q1 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
3600000 USD
CY2015Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
6303000 USD
CY2016 us-gaap Common Stock Voting Rights
CommonStockVotingRights
Holders of record of the Company’s common stock for a period of less than 36 consecutive calendar months or less are entitled to one vote per share of common stock. Holders of record of the Company’s common stock for a period greater than 36 consecutive calendar months are entitled to 10 votes per share of common stock.
CY2016 kwr Prior Period Reclassifications
PriorPeriodReclassifications
The FASB issued an accounting standard update in November 2015 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 change the existing requirement that only permits offsetting within a jurisdiction. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2016, and may be applied either prospectively, for all deferred tax assets and liabilities, or retrospectively. Early adoption is permitted. During the fourth quarter of 2016, the Company early adopted the guidance of this accounting standard update and applied the guidance in this accounting standard update retrospectively. Including the first quarter of 2016 revision noted in Note 1 of Notes to Consolidated Financial Statements, adoption of the accounting standard update resulted in a reclassification to the Company’s Consolidated Balance Sheet as of December 31, 2015, reducing current deferred tax assets by $7.8 million, current deferred tax liabilities by less than $0.1 million, and non-current deferred tax liabilities by $4.7 million, and increasing non-current deferred tax assets by $3.0 million.

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