2017 Q4 Form 10-K Financial Statement
#000008136218000003 Filed on February 28, 2018
Income Statement
Concept | 2017 Q4 | 2017 Q3 | 2017 |
---|---|---|---|
Revenue | $211.1M | $212.9M | $820.1M |
YoY Change | 10.37% | 11.81% | 9.83% |
Cost Of Revenue | $137.1M | $138.1M | $528.6M |
YoY Change | 12.93% | 15.57% | 13.3% |
Gross Profit | $74.00M | $74.78M | $291.5M |
YoY Change | 5.97% | 5.47% | 4.06% |
Gross Profit Margin | 35.06% | 35.12% | 35.54% |
Selling, General & Admin | $50.10M | $51.09M | $198.8M |
YoY Change | 2.45% | 6.72% | 2.66% |
% of Gross Profit | 67.71% | 68.33% | 68.2% |
Research & Development | $23.90M | ||
YoY Change | 6.22% | ||
% of Gross Profit | 8.2% | ||
Depreciation & Amortization | $5.000M | $5.100M | $7.489M |
YoY Change | 4.17% | 4.08% | 4.98% |
% of Gross Profit | 6.76% | 6.82% | 2.57% |
Operating Expenses | $50.00M | $51.09M | $222.7M |
YoY Change | 2.04% | 6.72% | 3.03% |
Operating Profit | $17.07M | $14.01M | $62.74M |
YoY Change | -18.51% | -35.92% | -26.49% |
Interest Expense | -$600.0K | $793.0K | $1.358M |
YoY Change | 50.0% | 4.62% | -52.99% |
% of Operating Profit | -3.51% | 5.66% | 2.16% |
Other Income/Expense, Net | $500.0K | $249.0K | -$718.0K |
YoY Change | -2590.0% | 45.93% | |
Pretax Income | $16.80M | $14.23M | $10.47M |
YoY Change | -18.45% | -34.27% | -66.42% |
Income Tax | $22.90M | $3.140M | $41.65M |
% Of Pretax Income | 136.31% | 22.07% | 397.91% |
Net Earnings | -$9.762M | $11.14M | $20.28M |
YoY Change | -155.99% | -30.4% | -66.98% |
Net Earnings / Revenue | -4.62% | 5.23% | 2.47% |
Basic Earnings Per Share | -$0.73 | $0.84 | $1.53 |
Diluted Earnings Per Share | -$0.73 | $0.83 | $1.52 |
COMMON SHARES | |||
Basic Shares Outstanding | 13.22M shares | 13.20M shares | |
Diluted Shares Outstanding | 13.25M shares | 13.25M shares |
Balance Sheet
Concept | 2017 Q4 | 2017 Q3 | 2017 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $89.90M | $109.1M | $89.90M |
YoY Change | 1.24% | 10.2% | 1.24% |
Cash & Equivalents | $89.88M | $109.1M | $89.90M |
Short-Term Investments | |||
Other Short-Term Assets | $21.10M | $24.30M | $21.10M |
YoY Change | 37.91% | 12.5% | 37.91% |
Inventory | $87.22M | $90.30M | $87.20M |
Prepaid Expenses | |||
Receivables | $208.4M | $218.2M | $208.4M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $406.6M | $441.9M | $406.6M |
YoY Change | 8.0% | 12.11% | 7.99% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $86.70M | $86.28M | $86.70M |
YoY Change | 1.13% | 2.88% | 1.17% |
Goodwill | $86.03M | $85.82M | |
YoY Change | 6.47% | 8.18% | |
Intangibles | $72.70M | $74.61M | |
YoY Change | -1.98% | 5.25% | |
Long-Term Investments | $25.69M | $25.19M | $25.70M |
YoY Change | 12.59% | 7.43% | 12.72% |
Other Assets | $30.05M | $29.64M | $45.50M |
YoY Change | 4.51% | 1.14% | -14.31% |
Total Long-Term Assets | $315.5M | $322.7M | $315.5M |
YoY Change | -0.01% | 6.37% | 0.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $406.6M | $441.9M | $406.6M |
Total Long-Term Assets | $315.5M | $322.7M | $315.5M |
Total Assets | $722.1M | $764.5M | $722.1M |
YoY Change | 4.35% | 9.61% | 4.35% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $93.01M | $95.58M | $93.00M |
YoY Change | 19.88% | 21.64% | 19.85% |
Accrued Expenses | $27.32M | $20.50M | $25.60M |
YoY Change | 16.62% | 3.02% | 21.33% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | $5.700M | $700.0K | $5.700M |
YoY Change | 714.29% | 0.0% | 714.29% |
Total Short-Term Liabilities | $154.7M | $156.1M | $154.7M |
YoY Change | 21.45% | 25.14% | 21.43% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $61.07M | $72.37M | $61.10M |
YoY Change | -7.15% | -4.28% | -7.14% |
Other Long-Term Liabilities | $51.50M | $71.36M | $87.00M |
YoY Change | 43.5% | -0.38% | 17.25% |
Total Long-Term Liabilities | $112.6M | $143.7M | $148.1M |
YoY Change | 10.73% | -2.38% | 5.79% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $154.7M | $156.1M | $154.7M |
Total Long-Term Liabilities | $112.6M | $143.7M | $148.1M |
Total Liabilities | $312.5M | $312.5M | $314.5M |
YoY Change | 11.84% | 10.11% | 8.71% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $365.9M | $380.4M | |
YoY Change | 0.42% | 8.21% | |
Common Stock | $106.8M | $126.4M | |
YoY Change | -15.04% | 1.38% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $407.7M | $440.2M | $407.7M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $722.1M | $764.5M | $722.1M |
YoY Change | 4.35% | 9.61% | 4.35% |
Cashflow Statement
Concept | 2017 Q4 | 2017 Q3 | 2017 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$9.762M | $11.14M | $20.28M |
YoY Change | -155.99% | -30.4% | -66.98% |
Depreciation, Depletion And Amortization | $5.000M | $5.100M | $7.489M |
YoY Change | 4.17% | 4.08% | 4.98% |
Cash From Operating Activities | $24.00M | $20.00M | $64.76M |
YoY Change | 15.38% | 17.65% | -12.25% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$2.900M | -$2.800M | $10.87M |
YoY Change | -21.62% | 47.37% | 9.22% |
Acquisitions | $5.363M | ||
YoY Change | -64.3% | ||
Other Investing Activities | $1.600M | $0.00 | -$3.700M |
YoY Change | -112.9% | -100.0% | -75.0% |
Cash From Investing Activities | -$1.300M | -$2.800M | -$14.61M |
YoY Change | -91.93% | 64.71% | -41.1% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $18.61M | ||
YoY Change | 5.61% | ||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -42.70M | -8.800M | -$55.21M |
YoY Change | 238.89% | -30.71% | 44.91% |
NET CHANGE | |||
Cash From Operating Activities | 24.00M | 20.00M | $64.76M |
Cash From Investing Activities | -1.300M | -2.800M | -$14.61M |
Cash From Financing Activities | -42.70M | -8.800M | -$55.21M |
Net Change In Cash | -20.00M | 8.400M | $349.0K |
YoY Change | 153.16% | 223.08% | -96.8% |
FREE CASH FLOW | |||
Cash From Operating Activities | $24.00M | $20.00M | $64.76M |
Capital Expenditures | -$2.900M | -$2.800M | $10.87M |
Free Cash Flow | $26.90M | $22.80M | $53.89M |
YoY Change | 9.8% | 20.63% | -15.59% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2016Q4 | us-gaap |
Debt Current
DebtCurrent
|
707000 | USD |
CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
13277832 | shares |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
402760000 | USD |
CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
9846000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
412606000 | 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 |
CY2017 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<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;' >Accounting estimates:</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The preparation of financial statements in conformity with generally accepted</font><font style='font-family:Times New Roman;font-size:10pt;' > accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilitie</font><font style='font-family:Times New Roman;font-size:10pt;' >s</font><font style='font-family:Times New Roman;font-size:10pt;' > and disclosure of contingencies at the date of the financial statements and the reported amounts of net sales and expens</font><font style='font-family:Times New Roman;font-size:10pt;' >es </font><font style='font-family:Times New Roman;font-size:10pt;' >during the reporting period. </font><font style='font-family:Times New Roman;font-size:10pt;' >Actual results c</font><font style='font-family:Times New Roman;font-size:10pt;' >ould differ from such estimates.</font></p></div> | |
CY2017 | kwr |
Income Tax Examination Minimum Likelihood Of Tax Benefits Being Realized Upon Ultimate Settlement
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|
0.5 | pure |
CY2017 | kwr |
Sharebasedcompensationarrangementbysharebasedpaymentawardforfeitureratepercent
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|
0.13 | pure |
CY2015 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
8924000 | USD |
CY2015 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
188000 | USD |
CY2017 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
|
0.85 | pure |
CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
|
0.15 | pure |
CY2017 | kwr |
Sharebased Compensation Arrangement By Sharebased Payment Award Maximum Number Of Shares Percentage Per Employee
SharebasedCompensationArrangementBySharebasedPaymentAwardMaximumNumberOfSharesPercentagePerEmployee
|
An employee whose stock ownership of the Company exceeds five percent of the outstanding common stock is not eligible to participate in this plan. | |
CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | |
CY2016 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
4680000 | USD |
CY2015 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
11074000 | USD |
CY2015 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
20186000 | USD |
CY2015 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
404000 | USD |
CY2016 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
783000 | USD |
CY2015 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-2789000 | USD |
CY2016 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
104000 | USD |
CY2015 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-16000 | 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 |
CY2015 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
25219000 | USD |
CY2015 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
45011000 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
12374000 | 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
|
-106000 | 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
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|
-2862000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
|
2939000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
|
4141000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
|
-245000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
226000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
|
910000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
133000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
|
249000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
180000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
24578000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-5097000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
|
2690000 | USD |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
1800000 | USD |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
|
1600000 | USD |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
|
700000 | USD |
CY2014Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
11845000 | USD |
CY2015 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
1924000 | USD |
CY2015Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
11032000 | USD |
CY2015 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
2512000 | USD |
CY2016 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
5744000 | USD |
CY2016 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
|
100000 | USD |
CY2016 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
1921000 | USD |
CY2016 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
678 | shares |
CY2016 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13136138 | shares |
CY2016 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
-515000 | USD |
CY2016 | kwr |
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
|
-514000 | USD |
CY2016 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
24331 | shares |
CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
60888000 | USD |
CY2016 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13160469 | shares |
CY2016 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
60889000 | USD |
CY2015 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
-443000 | USD |
CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
50737000 | USD |
CY2015 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6684 | shares |
CY2015 | kwr |
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
|
-443000 | USD |
CY2015 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
15219 | shares |
CY2015 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13214849 | shares |
CY2015 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13199630 | shares |
CY2015 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
50737000 | USD |
CY2016Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
202400000 | USD |
CY2016Q4 | kwr |
Accounts Receivable Greater Than90 Days Past Due
AccountsReceivableGreaterThan90DaysPastDue
|
18000000 | USD |
CY2016Q4 | us-gaap |
Business Combination Acquired Receivables Estimated Uncollectible
BusinessCombinationAcquiredReceivablesEstimatedUncollectible
|
100000 | USD |
CY2015Q4 | us-gaap |
Business Combination Acquired Receivables Estimated Uncollectible
BusinessCombinationAcquiredReceivablesEstimatedUncollectible
|
400000 | USD |
CY2016 | us-gaap |
Interest Income Other Domestic Deposits
InterestIncomeOtherDomesticDeposits
|
100000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
|
71454000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
36942000 | USD |
CY2016Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
1567000 | USD |
CY2016Q4 | kwr |
Uncertaintaxpositionassetsnoncurrent
Uncertaintaxpositionassetsnoncurrent
|
3892000 | USD |
CY2016Q4 | us-gaap |
Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
|
1410000 | 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 |
Construction In Progress Gross
ConstructionInProgressGross
|
4964000 | USD |
CY2016Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
80740000 | USD |
CY2016Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
140595000 | USD |
CY2016Q4 | us-gaap |
Land
Land
|
9707000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
236006000 | USD |
CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
150272000 | USD |
CY2016 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-1504000 | USD |
CY2016 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
3197000 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
79111000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
108913000 | USD |
CY2016Q4 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
6023000 | USD |
CY2017Q4 | us-gaap |
Indefinite Lived Trademarks
IndefiniteLivedTrademarks
|
1100000 | USD |
CY2016Q4 | us-gaap |
Indefinite Lived Trademarks
IndefiniteLivedTrademarks
|
1100000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
21883000 | USD |
CY2016Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
2755000 | USD |
CY2016Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
9278000 | USD |
CY2016Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
23428000 | USD |
CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.53 | |
CY2016Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.98 | |
CY2017Q1 | us-gaap |
Gross Profit
GrossProfit
|
70887000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6992000 | USD |
CY2017 | us-gaap |
Description Of Defined Contribution Pension And Other Postretirement Plans
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans
|
The Company has a 401(k) plan with an employer match covering a majority of its domestic employees. The plan allows for and the Company previously paid a nonelective contribution on behalf of participants who have completed one year of service equal to 3% of the eligible participants’ compensation in the form of Company common stock. | |
CY2016Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
7933000 | 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 Cost Recognized
DefinedContributionPlanCostRecognized
|
2700000 | USD |
CY2015 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
2600000 | USD |
CY2016Q4 | kwr |
Restricted Insurance Settlements
RestrictedInsuranceSettlements
|
21883000 | USD |
CY2016Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
520000 | USD |
CY2016Q4 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
5550000 | USD |
CY2016Q1 | us-gaap |
Gross Profit
GrossProfit
|
67981000 | USD |
CY2016Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.13 | |
CY2016Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.13 | |
CY2016 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
5600000 | USD |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11906000 | USD |
CY2017Q2 | us-gaap |
Gross Profit
GrossProfit
|
71835000 | USD |
CY2017Q3 | us-gaap |
Gross Profit
GrossProfit
|
74776000 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11142000 | USD |
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.9 | |
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.83 | |
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.89 | |
CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.52 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.84 | |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
12946000 | USD |
CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.98 | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
15015000 | USD |
CY2016Q2 | us-gaap |
Gross Profit
GrossProfit
|
71401000 | USD |
CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.21 | |
CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.21 | |
CY2016Q3 | us-gaap |
Gross Profit
GrossProfit
|
70897000 | USD |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
16008000 | USD |
CY2016Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.31 | |
CY2016Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.31 | |
CY2016Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
17434000 | USD |
CY2016Q4 | us-gaap |
Gross Profit
GrossProfit
|
69831000 | USD |
CY2017 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | |
CY2017 | dei |
Document Type
DocumentType
|
10-K | |
CY2017 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2017 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000081362 | |
CY2017 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2017 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2017 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
Yes | |
CY2015 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
737555000 | USD |
CY2015 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
459810000 | USD |
CY2015 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
196387000 | USD |
CY2015 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
662987000 | USD |
CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
23226000 | USD |
CY2015 | kwr |
Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
52445000 | 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 |
Net Income Loss
NetIncomeLoss
|
61403000 | USD |
CY2016 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.64 | |
CY2016 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.63 | |
CY2016 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-13772000 | USD |
CY2015 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-24869000 | USD |
CY2016 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-2990000 | USD |
CY2015 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
3821000 | 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 |
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 |
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 |
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 |
CY2016 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
537000 | USD |
CY2015 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-978000 | USD |
CY2016 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
48887000 | USD |
CY2015 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
33159000 | USD |
CY2016 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-1575000 | USD |
CY2015 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-889000 | USD |
CY2016 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
47312000 | USD |
CY2015 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
32270000 | 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 |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
15343000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
85734000 | USD |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
80804000 | USD |
CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
73071000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
28752000 | USD |
CY2016Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
77583000 | USD |
CY2016Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
4581000 | USD |
CY2016Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
19356000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
23428000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
65769000 | 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 |
CY2016 | us-gaap |
Depreciation
Depreciation
|
12557000 | USD |
CY2015 | us-gaap |
Depreciation
Depreciation
|
12395000 | USD |
CY2016 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
7009000 | USD |
CY2015 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
6811000 | USD |
CY2016 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
1969000 | USD |
CY2015 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
-578000 | USD |
CY2016 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
5488000 | USD |
CY2015 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2401000 | USD |
CY2016 | kwr |
Uncertain Tax Positions
UncertainTaxPositions
|
-3206000 | USD |
CY2015 | kwr |
Uncertain Tax Positions
UncertainTaxPositions
|
-1122000 | USD |
CY2016 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.355 | |
CY2016 | us-gaap |
Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
|
0 | USD |
CY2015 | us-gaap |
Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
|
0 | USD |
CY2016 | kwr |
Business Acquisition Contingent Consideration Actual Cash Payment
BusinessAcquisitionContingentConsiderationActualCashPayment
|
0 | USD |
CY2015 | kwr |
Business Acquisition Contingent Consideration Actual Cash Payment
BusinessAcquisitionContingentConsiderationActualCashPayment
|
226000 | USD |
CY2016 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
0 | USD |
CY2015 | 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 |
CY2015 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-16897000 | USD |
CY2016 | kwr |
Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
|
-424000 | USD |
CY2015 | kwr |
Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
|
14000 | USD |
CY2016 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6349000 | USD |
CY2015 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5919000 | USD |
CY2016 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
18000 | USD |
CY2015 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
12000 | USD |
CY2016 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
1023000 | USD |
CY2015 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
760000 | USD |
CY2016 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
11705000 | USD |
CY2015 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
188000 | USD |
CY2016 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1870000 | USD |
CY2015 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1292000 | USD |
CY2016 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
703000 | USD |
CY2015 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
721000 | USD |
CY2016 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
14063000 | USD |
CY2015 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-9040000 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
73753000 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
73432000 | USD |
CY2016 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
9954000 | USD |
CY2015 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
11033000 | USD |
CY2016 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
15024000 | USD |
CY2015 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
24058000 | USD |
CY2016 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
186000 | USD |
CY2015 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
135000 | USD |
CY2016 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
32000 | USD |
CY2015 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
35000 | USD |
CY2016 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-991000 | USD |
CY2015 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-725000 | USD |
CY2016 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-23769000 | USD |
CY2015 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-34196000 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2015 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
6163000 | USD |
CY2016 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
14513000 | USD |
CY2015 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
477000 | USD |
CY2016 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
17625000 | USD |
CY2015 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
16513000 | USD |
CY2016 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
-811000 | USD |
CY2015 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
1048000 | USD |
CY2016 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
678000 | USD |
CY2015 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
384000 | USD |
CY2016 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-4089000 | USD |
CY2015 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-6017000 | USD |
CY2016 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
7765000 | USD |
CY2015 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
16322000 | USD |
CY2015 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
0 | USD |
CY2015 | us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
351000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
381243000 | 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 |
Dividends Common Stock
DividendsCommonStock
|
17954000 | USD |
CY2015 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
7276000 | USD |
CY2016 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
6349000 | USD |
CY2017Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
625000 | USD |
CY2016 | us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
678000 | USD |
CY2016 | us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
0 | USD |
CY2016 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
5859000 | 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 |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
384000 | USD |
CY2015 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
16775000 | USD |
CY2015 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-19547000 | USD |
CY2015 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
7276000 | USD |
CY2016 | us-gaap |
Profit Loss
ProfitLoss
|
63039000 | USD |
CY2016 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-14152000 | USD |
CY2015 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.26 | |
CY2017 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.41 | |
CY2016 | kwr |
Netreportingamount
Netreportingamount
|
43500000 | USD |
CY2015 | kwr |
Netreportingamount
Netreportingamount
|
48600000 | USD |
CY2016 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
22500000 | USD |
CY2015 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
22100000 | USD |
CY2015Q4 | kwr |
Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
|
155367000 | USD |
CY2016Q4 | kwr |
Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
|
158895000 | USD |
CY2015 | kwr |
Nonoperating Charges
NonoperatingCharges
|
-66999000 | USD |
CY2015 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7010000 | USD |
CY2016 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
85353000 | USD |
CY2016 | us-gaap |
Interest Expense
InterestExpense
|
2889000 | USD |
CY2016 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2037000 | 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 | kwr |
Nonoperating Charges
NonoperatingCharges
|
-65316000 | USD |
CY2016 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7134000 | 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 | 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 |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-87407000 | USD |
CY2017 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2017 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-12-31 | |
CY2015 | us-gaap |
Restructuring Charges
RestructuringCharges
|
6790000 | USD |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
60668000 | USD |
CY2017 | us-gaap |
Profit Loss
ProfitLoss
|
22300000 | USD |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
20278000 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
21076000 | USD |
CY2016Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
670000 | USD |
CY2016 | us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
-5252000 | USD |
CY2015 | us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
-490000 | USD |
CY2016 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
25043000 | USD |
CY2015 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
20996000 | USD |
CY2016 | us-gaap |
Interest Paid
InterestPaid
|
2481000 | USD |
CY2015 | us-gaap |
Interest Paid
InterestPaid
|
2223000 | USD |
CY2016 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
363000 | USD |
CY2015 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
209000 | USD |
CY2016 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
2900000 | USD |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
900000 | USD |
CY2017 | kwr |
Netreportingamount
Netreportingamount
|
44500000 | USD |
CY2016Q4 | kwr |
Deferred Tax Assets Tax Deferred Expense Uncertain Tax Positions
DeferredTaxAssetsTaxDeferredExpenseUncertainTaxPositions
|
-101000 | USD |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
117220 | shares |
CY2016 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
50000 | USD |
CY2015 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
6000 | USD |
CY2016 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
338000 | USD |
CY2015 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
261000 | USD |
CY2016 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
126000 | USD |
CY2015 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
168000 | USD |
CY2015 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-3377000 | 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 | 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 |
Line Of Credit
LineOfCredit
|
47948000 | USD |
CY2016Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
58000 | USD |
CY2016Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
66476000 | USD |
CY2016Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
649000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
65769000 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
64731000 | USD |
CY2017 | us-gaap |
Share Based Goods And Nonemployee Services Transaction Shares Approved For Issuance
ShareBasedGoodsAndNonemployeeServicesTransactionSharesApprovedForIssuance
|
75000 | shares |
CY2016Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
|
217000 | USD |
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 |
CY2016Q4 | kwr |
Debt Instrument Idrb
DebtInstrumentIdrb
|
15000000 | USD |
CY2016Q4 | us-gaap |
Loans Payable
LoansPayable
|
3470000 | USD |
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1 | |
CY2016 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
6349000 | USD |
CY2015 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
5919000 | USD |
CY2016Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
137303000 | USD |
CY2015Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
140191000 | USD |
CY2015 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
12196000 | USD |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
22701000 | USD |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
21863000 | USD |
CY2016Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
20951000 | USD |
CY2015Q4 | us-gaap |
Disposal Group Including Discontinued Operation Intangible Assets Current
DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsCurrent
|
300000 | USD |
CY2016 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
12432000 | USD |
CY2016 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
466555000 | USD |
CY2016 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
193665000 | USD |
CY2016 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
661312000 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-2736000 | USD |
CY2017 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
42585000 | USD |
CY2015 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
5900000 | USD |
CY2016Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
1400000 | USD |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
6240000 | USD |
CY2017Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
194909000 | USD |
CY2017Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
201183000 | USD |
CY2017Q3 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
212918000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
13758000 | USD |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
17903000 | USD |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
14009000 | 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 |
CY2016Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
191245000 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
19838000 | USD |
CY2016 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-492000 | USD |
CY2016 | kwr |
Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
60783000 | USD |
CY2015 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1624000 | USD |
CY2016 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
746665000 | USD |
CY2015 | us-gaap |
Interest Expense
InterestExpense
|
2585000 | 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 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17785000 | USD |
CY2015 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
261000 | USD |
CY2015 | us-gaap |
Profit Loss
ProfitLoss
|
52706000 | 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 |
Operating Income Loss
OperatingIncomeLoss
|
74568000 | USD |
CY2017 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
820082000 | USD |
CY2017 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
528587000 | USD |
CY2017 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
757338000 | USD |
CY2017 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
62744000 | USD |
CY2017 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-718000 | USD |
CY2017 | us-gaap |
Interest Expense
InterestExpense
|
3892000 | USD |
CY2017 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
2534000 | USD |
CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
41653000 | USD |
CY2017 | kwr |
Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
19015000 | USD |
CY2017 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3285000 | USD |
CY2017 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2022000 | USD |
CY2017 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.52 | |
CY2017 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
-96000 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
|
2255000 | USD |
CY2017 | 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
|
-84000 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-130000 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
23021000 | USD |
CY2017 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
45321000 | USD |
CY2017Q4 | us-gaap |
Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
|
44439000 | USD |
CY2016Q4 | us-gaap |
Assets Current
AssetsCurrent
|
376468000 | USD |
CY2016Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
22817000 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
24382000 | USD |
CY2016Q4 | us-gaap |
Assets
Assets
|
692028000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
127411000 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
12008000 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
279422000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
692028000 | USD |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
89879000 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
208358000 | USD |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
87221000 | USD |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
406586000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
86704000 | USD |
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
86034000 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
71603000 | USD |
CY2017Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
25690000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
15460000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
30049000 | USD |
CY2017Q4 | us-gaap |
Debt Current
DebtCurrent
|
5736000 | USD |
CY2017Q4 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
4724000 | USD |
CY2017Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
22846000 | USD |
CY2017Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
0 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
27321000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
61068000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
9653000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
51496000 | USD |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
13308000 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
93528000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
365936000 | USD |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-65100000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
407672000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
1946000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
409618000 | USD |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
13307976 | shares |
CY2017 | us-gaap |
Depreciation
Depreciation
|
12598000 | USD |
CY2017 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
7368000 | USD |
CY2017 | us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
2895000 | USD |
CY2017 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
3754000 | USD |
CY2017 | kwr |
Uncertain Tax Positions
UncertainTaxPositions
|
-817000 | USD |
CY2017 | kwr |
Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
|
1074000 | USD |
CY2017 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4190000 | USD |
CY2017 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-79000 | USD |
CY2017 | us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
762000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1941000 | USD |
CY2017 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
6135000 | USD |
CY2017 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2932000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
12381000 | USD |
CY2017 | us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
-675000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
64762000 | USD |
CY2017 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
10872000 | USD |
CY2017 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
5363000 | USD |
CY2017 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1577000 | USD |
CY2017 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
50000 | USD |
CY2017 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-712000 | USD |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
|
50200000 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-13896000 | USD |
CY2017 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD |
CY2017 | us-gaap |
Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
|
2853000 | USD |
CY2017 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
18613000 | USD |
CY2017 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
-1956000 | USD |
CY2017 | us-gaap |
Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
|
0 | USD |
CY2017 | us-gaap |
Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
|
31787000 | USD |
CY2017 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
0 | USD |
CY2017 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-55209000 | USD |
CY2017 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
5404000 | USD |
CY2017 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1061000 | USD |
CY2017 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
21544000 | USD |
CY2017 | us-gaap |
Interest Paid
InterestPaid
|
2767000 | USD |
CY2017 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
240000 | USD |
CY2017 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
23900000 | USD |
CY2017 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
0 | USD |
CY2017 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
18756000 | USD |
CY2017 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
-2451000 | USD |
CY2017 | us-gaap |
Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
|
0 | USD |
CY2017Q4 | us-gaap |
Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
|
1300000 | USD |
CY2015Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
6303000 | USD |
CY2017Q4 | kwr |
Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
|
165313000 | USD |
CY2017 | kwr |
Nonoperating Charges
NonoperatingCharges
|
-65142000 | USD |
CY2017 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
7489000 | USD |
CY2015Q4 | us-gaap |
Assets
Assets
|
680727000 | USD |
CY2017Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
142443000 | USD |
CY2017 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
12477000 | USD |
CY2017 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-79000 | USD |
CY2017 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
380000 | USD |
CY2017 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
152000 | USD |
CY2017Q4 | us-gaap |
Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
|
42782000 | USD |
CY2017Q4 | us-gaap |
Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
|
9196000 | USD |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
3304000 | USD |
CY2017Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
27321000 | USD |
CY2017Q4 | kwr |
Restricted Insurance Settlements
RestrictedInsuranceSettlements
|
21171000 | USD |
CY2017Q4 | us-gaap |
Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
|
7970000 | USD |
CY2017Q4 | us-gaap |
Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
|
5905000 | USD |
CY2017 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4190000 | USD |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
111255 | shares |
CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
42477 | shares |
CY2017 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
48442 | shares |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
99484 | shares |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
11771 | shares |
CY2017 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
134.6 | |
CY2017 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
75.94 | |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
|
100.64 | |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
72.95 | |
CY2017 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y4M | |
CY2017 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P5Y6M | |
CY2017 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P3Y11M | |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
97.71 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
75.34 | |
CY2017Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
111255 | shares |
CY2017Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
97.71 | |
CY2017Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
72.95 | |
CY2017Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
11771 | shares |
CY2017 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P5Y4M | |
CY2017 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
3400000 | USD |
CY2017Q4 | kwr |
Director Retainer Annual Fee
DirectorRetainerAnnualFee
|
100000 | USD |
CY2017 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
21265000 | USD |
CY2017 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
2529000 | USD |
CY2017 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
14105000 | USD |
CY2017 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
37899000 | USD |
CY2017 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
6889000 | USD |
CY2017 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-36000 | USD |
CY2017 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-3099000 | USD |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
10468000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
|
5472000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
1134000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
|
497000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
|
1056000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
|
2679000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
|
3779000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
1071000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
|
4581000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
8602000 | USD |
CY2017Q4 | kwr |
Deferred Tax Assets Tax Deferred Expense Uncertain Tax Positions
DeferredTaxAssetsTaxDeferredExpenseUncertainTaxPositions
|
-410000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
|
0 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
2816000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
34320000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
7401000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
26919000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
|
4444000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
|
1295000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
15373000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
21112000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
5807000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
21229000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-2663000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
|
0 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
|
2761000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
|
-235000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
-651000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
|
1155000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
569000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
|
248000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
854000 | USD |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
6761000 | USD |
CY2017 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
|
2347000 | USD |
CY2017 | us-gaap |
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
|
2116000 | USD |
CY2015 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
|
985000 | USD |
CY2017Q4 | us-gaap |
Undistributed Earnings Of Foreign Subsidiaries
UndistributedEarningsOfForeignSubsidiaries
|
300000000 | USD |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
|
600000 | USD |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
|
1000000 | USD |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
2200000 | USD |
CY2015Q4 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
1100000 | USD |
CY2017 | kwr |
Unrecognized Tax Benefits Income Tax Penalties Income
UnrecognizedTaxBenefitsIncomeTaxPenaltiesIncome
|
700000 | USD |
CY2017Q4 | kwr |
Unrecognized Tax Benefits Interest Income On Income Taxes
UnrecognizedTaxBenefitsInterestIncomeOnIncomeTaxes
|
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 |
CY2017 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
-137000 | USD |
CY2017 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
20141000 | USD |
CY2017 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13204872 | shares |
CY2017 | kwr |
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
|
-137000 | USD |
CY2017 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
20141000 | USD |
CY2017 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
41074 | shares |
CY2017 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13245946 | shares |
CY2017 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3671 | shares |
CY2017Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
213800000 | USD |
CY2017Q4 | kwr |
Accounts Receivable Greater Than90 Days Past Due
AccountsReceivableGreaterThan90DaysPastDue
|
15200000 | USD |
CY2017Q4 | us-gaap |
Business Combination Acquired Receivables Estimated Uncollectible
BusinessCombinationAcquiredReceivablesEstimatedUncollectible
|
0 | USD |
CY2017Q4 | us-gaap |
Land
Land
|
10635000 | USD |
CY2017Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
87111000 | USD |
CY2017Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
153312000 | USD |
CY2017Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
4932000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
255990000 | USD |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
169286000 | USD |
CY2017 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
1832000 | USD |
CY2017 | us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
3398000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
|
76581000 | USD |
CY2017Q4 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
6114000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
115720000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
45217000 | USD |
CY2016Q4 | kwr |
Finite Lived Trademarks Formulations And Product Technology Gross
FiniteLivedTrademarksFormulationsAndProductTechnologyGross
|
31436000 | USD |
CY2017Q4 | kwr |
Finite Lived Trademarks Formulations And Product Technology Gross
FiniteLivedTrademarksFormulationsAndProductTechnologyGross
|
33025000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
7348000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
7244000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
6956000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
6576000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
6449000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
21171000 | USD |
CY2017Q4 | kwr |
Uncertaintaxpositionassetsnoncurrent
Uncertaintaxpositionassetsnoncurrent
|
4543000 | USD |
CY2017Q4 | us-gaap |
Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
|
1594000 | USD |
CY2017Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
1557000 | USD |
CY2017 | us-gaap |
Interest Income Other Domestic Deposits
InterestIncomeOtherDomesticDeposits
|
100000 | USD |
CY2017 | 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 $21.2 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. | |
CY2017Q4 | kwr |
Cash Surrender Value Company Owned Life Insurance Fair Value Disclosure
CashSurrenderValueCompanyOwnedLifeInsuranceFairValueDisclosure
|
1594000 | USD |
CY2017Q4 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
1594000 | USD |
CY2016Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
58000 | USD |
CY2017Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
48514000 | USD |
CY2017Q4 | kwr |
Debt Instrument Idrb
DebtInstrumentIdrb
|
15000000 | USD |
CY2017Q4 | us-gaap |
Loans Payable
LoansPayable
|
3290000 | USD |
CY2017Q4 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
0 | USD |
CY2017Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
66804000 | USD |
CY2017Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
0 | USD |
CY2017Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
5736000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
61068000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
5736000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
49160000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
694000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
407000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
282000 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
|
21015000 | USD |
CY2017 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodBeforeTax
|
2660000 | USD |
CY2017 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-1368000 | USD |
CY2017 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
20915 | shares |
CY2017 | us-gaap |
Stock Issued During Period Shares Employee Stock Ownership Plan
StockIssuedDuringPeriodSharesEmployeeStockOwnershipPlan
|
4091 | shares |
CY2017 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
4878 | shares |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
5345000 | USD |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
4494000 | USD |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
3708000 | USD |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
3208000 | USD |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
2812000 | USD |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
8033000 | USD |
CY2017 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
6400000 | USD |
CY2017Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
200000 | USD |
CY2017Q4 | us-gaap |
Assets
Assets
|
722126000 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
21128000 | USD |
CY2017Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
93008000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
154743000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
312508000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
722126000 | USD |
CY2017 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.53 | |
CY2017Q4 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
211072000 | USD |
CY2017Q4 | us-gaap |
Gross Profit
GrossProfit
|
73997000 | USD |
CY2017Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
17074000 | USD |
CY2017Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9762000 | USD |
CY2017Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.73 | |
CY2017Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.73 | |
CY2017 | us-gaap |
Accounts Receivable Additional Narrative Disclosure
AccountsReceivableAdditionalNarrativeDisclosure
|
Included in write-offs charged to allowance during the years ended December 31, 2017 and 2016 were outstanding receivables related to certain prior year customer bankruptcies, which the Company previously reserved for, but settled during 2017 and 2016, respectively. | |
CY2016Q4 | us-gaap |
Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
|
136041000 | USD |
CY2017Q4 | us-gaap |
Defined Benefit Plan Amount Of Employer And Related Party Securities Included In Plan Assets
DefinedBenefitPlanAmountOfEmployerAndRelatedPartySecuritiesIncludedInPlanAssets
|
1500000 | USD |
CY2017 | us-gaap |
Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
|
0.03 | pure |
CY2017 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
2900000 | USD |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
6013000 | USD |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
5086000 | USD |
CY2017Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
928000 | USD |
CY2017 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD |
CY2016 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
5859000 | USD |
CY2017 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
198813000 | USD |
CY2015 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
2591000 | USD |
CY2017 | 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> | |
CY2017 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
4190000 | USD |
CY2017 | us-gaap |
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
|
308000 | USD |
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 |
CY2017 | 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. | |
CY2016 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1531000 | USD |
CY2015 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
0 | USD |
CY2017Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
0 | USD |
CY2016Q4 | us-gaap |
Restructuring Reserve Current
RestructuringReserveCurrent
|
670000 | USD |
CY2016 | us-gaap |
Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
|
3420000 | USD |
CY2017 | us-gaap |
Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
|
123000 | USD |
CY2017 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-3479000 | USD |
CY2016 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-5226000 | USD |
CY2015 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-930000 | USD |
CY2017 | us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
675000 | USD |
CY2017 | us-gaap |
Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
|
5000 | USD |
CY2016 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
73000 | USD |
CY2016 | us-gaap |
Restructuring Charges
RestructuringCharges
|
-439000 | USD |
CY2017 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
-31787000 | USD |
CY2017 | us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
0 | USD |
CY2017 | us-gaap |
Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
|
495000 | USD |
CY2017 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
29938000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
365135000 | USD |
CY2017 | us-gaap |
Business Combination Separately Recognized Transactions Description
BusinessCombinationSeparatelyRecognizedTransactionsDescription
|
On April 4, 2017, Quaker entered into a share purchase agreement with Gulf Houghton Lubricants, Ltd. to purchase the entire issued and outstanding share capital of Houghton International, Inc. (“Houghton”) (herein referred to as “the Combination”). The shares will be bought for aggregate purchase consideration consisting of: (i) $172.5 million in cash; (ii) a number of shares of common stock, $1.00 par value per share, of the Company comprising 24.5% of the common stock outstanding upon the closing of the Combination; and (iii) the Company’s assumption of Houghton’s net indebtedness as of the closing of the Combination, which was approximately $690 million at signing. At closing, the total aggregate purchase consideration is dependent on the Company’s stock price and the level of Houghton’s indebtedness. The Company secured $1.15 billion in commitments from Bank of America Merrill Lynch and Deutsche Bank to fund the Combination and to provide additional liquidity, and has since replaced these commitments with a syndicated bank agreement (“the New Credit Facility”) with a group of lenders for $1.15 billion. The New Credit Facility is contingent upon and will not be effective until the closing of the Combination. The New Credit Facility includes a $400.0 million multicurrency revolver, a $575.0 million USD term loan and a $175.0 million EUR equivalent term loan, each with a five-year term from the date the New Credit Facility becomes effective. The maximum amount available under the New Credit Facility can be increased by $200.0 million at the Company’s option if the lenders agree and the Company satisfies certain conditions. Borrowings under the New Credit Facility will bear interest at a base rate or LIBOR rate plus a margin. The Company currently estimates the annual floating rate cost will be in the 3.50% to 3.75% range based on current market interest rates. The New Credit Facility will be subject to certain financial and other covenants, including covenants that the Company’s consolidated net debt to adjusted EBITDA ratio cannot exceed 4.25 to 1 and the Company’s consolidated adjusted EBITDA to interest expense ratio cannot be less than 3.0 to 1. Both the USD and EUR equivalent term loans will have quarterly principal amortization during their respective five-year terms, with 5% amortization of the principal balance due in years 1 and 2, 7.5% in year 3, and 10% in years 4 and 5, with the remaining principal amounts due at maturity. Until closing, the Company incurs certain interest costs paid to maintain the banks’ committed capital (“ticking fees”), which began to accrue on September 29, 2017 and bear an interest rate of 0.30% per annum. In addition, the issuance of the Company’s shares at closing of the Combination was subject to approval by Quaker’s shareholders under the rules of the New York Stock Exchange. This approval was received at a meeting of the Company’s shareholders during the third quarter of 2017. Also, the Combination is subject to regulatory approval in the United States, Europe, China and Australia. The Company received regulatory approval from China in July 2017 and from Australia in October 2017. Depending on the remaining regulatory approvals and other customary terms and conditions set forth in the share purchase agreement, the Company currently estimates closing of the Combination to occur during the first half of 2018. | |
CY2017Q4 | us-gaap |
Business Combination Separately Recognized Transactions Liabilities Recognized
BusinessCombinationSeparatelyRecognizedTransactionsLiabilitiesRecognized
|
5500000 | USD |
CY2017 | us-gaap |
Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
|
30800000 | USD |
CY2016 | us-gaap |
Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
|
1500000 | USD |
CY2016Q4 | us-gaap |
Business Combination Separately Recognized Transactions Liabilities Recognized
BusinessCombinationSeparatelyRecognizedTransactionsLiabilitiesRecognized
|
500000 | USD |
CY2017 | us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | 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 |
CY2017 | 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 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 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. The Company completed all of the remaining initiatives under the 2015 Program during the first half of 2017 and does not expect to incur further restructuring charges under this program. | |
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. | |
CY2017 | kwr |
Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
|
1015000 | USD |
CY2017 | us-gaap |
Licenses Revenue
LicensesRevenue
|
861000 | USD |
CY2016 | us-gaap |
Licenses Revenue
LicensesRevenue
|
978000 | USD |
CY2015 | us-gaap |
Licenses Revenue
LicensesRevenue
|
875000 | USD |
CY2016 | kwr |
Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
|
398000 | USD |
CY2015 | kwr |
Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
|
141000 | USD |
CY2017Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
841000 | USD |
CY2016Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
2753000 | USD |
CY2017Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
2846000 | USD |
CY2016Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
1980000 | USD |
CY2016Q4 | us-gaap |
Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
|
2699000 | USD |
CY2017Q4 | kwr |
Accruedfreightcostscurrent
Accruedfreightcostscurrent
|
1780000 | USD |
CY2016Q4 | kwr |
Accruedfreightcostscurrent
Accruedfreightcostscurrent
|
2212000 | USD |
CY2017Q4 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
5019000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
18388000 | USD |
CY2016 | kwr |
Pensionandpostretirementbenefitcostsnonservicecomponents
Pensionandpostretirementbenefitcostsnonservicecomponents
|
-2302000 | USD |
CY2017 | kwr |
Insurancesolvencyrecovery
Insurancesolvencyrecovery
|
600000 | USD |
CY2017Q4 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
1169000 | USD |
CY2016Q4 | us-gaap |
Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
|
754000 | USD |
CY2017Q4 | us-gaap |
Customer Advances Current
CustomerAdvancesCurrent
|
1507000 | USD |
CY2016Q4 | us-gaap |
Customer Advances Current
CustomerAdvancesCurrent
|
492000 | USD |
CY2017Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
884000 | USD |
CY2016Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
5000 | USD |
CY2017Q4 | us-gaap |
Accrued Rent Current
AccruedRentCurrent
|
775000 | USD |
CY2016Q4 | us-gaap |
Accrued Rent Current
AccruedRentCurrent
|
500000 | USD |
CY2016Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
200000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
|
3043000 | USD |
CY2016Q4 | us-gaap |
Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
|
0 | USD |
CY2017Q4 | us-gaap |
Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
|
1000000 | USD |
CY2017Q4 | us-gaap |
Increase In Unrecognized Tax Benefits Is Reasonably Possible
IncreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
|
1000000 | USD |
CY2017 | us-gaap |
Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
|
598000 | USD |
CY2016 | kwr |
Unrecognized Tax Benefits Income Tax Penalties Income
UnrecognizedTaxBenefitsIncomeTaxPenaltiesIncome
|
200000 | USD |
CY2015 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
200000 | USD |
CY2017 | kwr |
Increasedecreaseinaccruednoncurrentincometaxespayable
Increasedecreaseinaccruednoncurrentincometaxespayable
|
-15825000 | USD |
CY2016 | kwr |
Increasedecreaseinaccruednoncurrentincometaxespayable
Increasedecreaseinaccruednoncurrentincometaxespayable
|
0 | USD |
CY2015 | kwr |
Increasedecreaseinaccruednoncurrentincometaxespayable
Increasedecreaseinaccruednoncurrentincometaxespayable
|
0 | USD |
CY2017 | kwr |
Pensionandpostretirementbenefitcostsnonservicecomponents
Pensionandpostretirementbenefitcostsnonservicecomponents
|
-4234000 | USD |
CY2016 | kwr |
Insurancesolvencyrecovery
Insurancesolvencyrecovery
|
0 | USD |
CY2015 | kwr |
Pensionandpostretirementbenefitcostsnonservicecomponents
Pensionandpostretirementbenefitcostsnonservicecomponents
|
-3308000 | USD |
CY2015 | kwr |
Insurancesolvencyrecovery
Insurancesolvencyrecovery
|
0 | USD |
CY2017 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
891000 | USD |
CY2016 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
172000 | USD |
CY2015 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-1184000 | USD |
CY2017 | us-gaap |
Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
|
4470000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
4779000 | USD |
CY2017 | us-gaap |
Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
|
1419000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
0 | USD |
CY2016 | us-gaap |
Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
|
0 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
696000 | USD |
CY2016 | us-gaap |
Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
|
0 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
0 | USD |
CY2015 | us-gaap |
Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
|
0 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
122000 | USD |
CY2015 | us-gaap |
Income Tax Reconciliation Deductions Other
IncomeTaxReconciliationDeductionsOther
|
0 | USD |
CY2017Q4 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
|
15825000 | USD |
CY2016Q4 | us-gaap |
Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
|
0 | USD |
CY2017 | us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
Prior to September 7, 2017, the Company’s Articles of Incorporation included a time-based voting system that granted special ten-for-one-voting rights to shareholders who had beneficially owned their Quaker Chemical Corporation common stock continuously for a period of at least 36 consecutive calendar months (dating from the first day of the first full calendar month on or after the date the holder acquired beneficial ownership of such common stock) before the record date for a shareholder vote. At a meeting of the Company’s shareholders on September 7, 2017, the Company’s shareholders approved an amendment of the Company’s Articles of Incorporation that provides that every holder of Quaker Chemical Corporation common stock will be entitled to one vote for each share of common stock of the Company. | |
CY2017 | us-gaap |
Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
|
2037 | |
CY2016 | us-gaap |
Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
|
2037 | |
CY2017Q4 | us-gaap |
Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
|
0.064 | pure |
CY2017Q4 | us-gaap |
Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
|
0.045 | pure |
CY2016Q4 | us-gaap |
Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
|
0.067 | pure |
CY2016Q4 | us-gaap |
Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
|
0.045 | pure |
CY2017 | us-gaap |
Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
|
16000 | USD |
CY2017 | us-gaap |
Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
|
356000 | USD |
CY2017 | us-gaap |
Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
|
14000 | USD |
CY2017 | us-gaap |
Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
|
311000 | USD |
CY2017Q4 | kwr |
Defined Benefit Plan Fair Value Of Plan Assets Excluding Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsExcludingAssetsMeasuredAtNetAssetValue
|
98456000 | USD |
CY2017Q4 | kwr |
Defined Benefit Plan Fair Value Of Plan Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsMeasuredAtNetAssetValue
|
52130000 | USD |
CY2016Q4 | kwr |
Defined Benefit Plan Fair Value Of Plan Assets Excluding Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsExcludingAssetsMeasuredAtNetAssetValue
|
86591000 | USD |
CY2016Q4 | kwr |
Defined Benefit Plan Fair Value Of Plan Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsMeasuredAtNetAssetValue
|
49450000 | USD |
CY2017 | kwr |
Us Tax Reform Act
USTaxReformAct
|
On December 22, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as the Tax Cuts and Jobs Act (“U.S. Tax Reform”). U.S. Tax Reform includes multiple changes to the U.S. tax code with varying effects on the Company’s 2017 results, including, but not limited to, (i) a revaluation of the Company’s domestic deferred tax assets and liabilities based upon the reduction of the U.S. federal statutory corporate income tax rate from 35% to 21% and (ii) implementing a new system of taxation for non-U.S. earnings which eliminates U.S. federal income taxes on dividends from certain foreign subsidiaries and imposes a one-time transition tax on the deemed repatriation of undistributed earnings of certain foreign subsidiaries that is payable over eight years. U.S. Tax Reform also makes changes to the U.S. tax code that will affect 2018 and future years, including, but not limited to, (i) reduction of the U.S. federal statutory corporate tax rate; (ii) elimination of the corporate alternative minimum tax; (iii) the creation of the base erosion anti-abuse tax, a new minimum tax; (iv) a general elimination of U.S. federal income taxes on dividends from foreign subsidiaries; (v) a new provision designed to tax global intangible low-taxed income (“GILTI”), which allows for the possibility of using foreign tax credits (“FTCs”) and a deduction of up to 50 percent to offset the income tax liability (subject to some limitations); (vi) a new limitation on deductible interest expense; (vii) the repeal of the domestic production activity deduction; (viii) limitations on the deductibility of certain executive compensation; (ix) limitations on the use of FTCs to reduce the U.S. income tax liability; (x) a reduction in the dividends received deduction from 70% to 50% (in the case of less-than-20%-owned subsidiaries), and from 80% to 65% (in the case of less-than-80%-owned subsidiaries); and (xi) limitations on net operating losses (“NOLs”) generated after December 31, 2017, to 80 percent of taxable income. The SEC staff issued guidance on accounting for the tax effects of U.S. Tax Reform and provided a one-year measurement period for companies to complete the accounting. Companies are required to reflect the income tax effects of those aspects of U.S. Tax Reform for which the accounting is complete. To the extent that a company’s accounting for certain income tax effects of U.S. Tax Reform are incomplete but the company is able to determine a reasonable estimate, it must record a provisional estimate in the financial statements. If a company cannot determine a provisional estimate to be included in the financial statements, it should continue to use the applicable accounting guidance on the basis of the provisions of the tax laws that were in effect immediately before the enactment of U.S. Tax Reform. In connection with the Company’s initial analysis of the impact of U.S. Tax Reform, the Company has recorded incremental tax expense of $22.2 million for the year ended December 31, 2017, which includes deferred tax expense of approximately $4.5 million and current tax expense of approximately $17.8 million, net of the impact of eliminating U.S. federal income taxes on dividends from certain foreign subsidiaries in the current year, the details of which are described below. The Company has made reasonable interpretations and assumptions with regard to various uncertainties and ambiguities in the application of certain provisions of U.S. Tax Reform. It is possible that the Internal Revenue Service (“IRS”) could issue subsequent guidance or take positions on audit that differ from the Company’s interpretations and assumptions. The Company currently believes subsequent guidance issued or interpretations made by the IRS will not be materially different from the Company’s application of the provisions of U.S. Tax Reform. U.S. Tax Reform reduced the U.S. federal statutory corporate tax rate from 35% to 21%, effective January 1, 2018. Consequently, the Company has recorded a decrease in domestic net deferred tax assets of approximately $4.5 million with a corresponding net adjustment to deferred income tax expense for the year ended December 31, 2017. The deemed repatriation transition tax (“Transition Tax”) is a tax on previously untaxed accumulated and current earnings and profits (“E&P”) of certain of the Company’s foreign subsidiaries. To determine the amount of the Transition Tax, the Company must determine, in addition to other factors, the amount of E&P of its relevant subsidiaries, as well as the amount of non-U.S. income taxes paid on such earnings after 1986. The Company made a reasonable estimate of its Transition Tax and recorded a gross provisional Transition Tax obligation of $18.4 million in its December 31, 2017 financial statements. The Company will elect to pay its Transition Tax in installments over eight years as provided for in U.S. Tax Reform. | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.21 | pure |
CY2017 | us-gaap |
Defined Benefit Plan Explanation Of Significant Change In Benefit Obligation Or Plan Assets Not Apparent From Other Required Disclosures
DefinedBenefitPlanExplanationOfSignificantChangeInBenefitObligationOrPlanAssetsNotApparentFromOtherRequiredDisclosures
|
During the second quarter of 2017, the Company’s U.S. pension plan offered a cash settlement to its vested terminated participants, which allowed them to receive the value of their pension benefits as a single lump sum payment. As payments from the U.S. pension plan for this cash out offering exceeded the service and interest cost components of the U.S. pension plan expense for the year ended December 31, 2017, the Company recorded a settlement charge of approximately $1.9 million. This settlement charge represented the immediate recognition into expense of a portion of the unrecognized loss within AOCI on the balance sheet in proportion to the share of the projected benefit obligation that was settled by these payments. The gross pension benefit obligation was reduced by approximately $4.0 million as a result of these payments. | |
CY2017 | us-gaap |
Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
|
4000000 | USD |
CY2017Q4 | us-gaap |
Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
1184000 | USD |
CY2016Q4 | us-gaap |
Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
|
0 | USD |
CY2017 | us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<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:0pt;color:#000000;' >Note </font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' >3</font><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;color:#000000;' > – Recently Issued Accounting Standards</font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in August 2017 to increase transparency of the economics related to risk management activities within the financial</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > statements and enhance transparency and understandability of hedge results. This accounting standard update eliminates the requirement to separately measure and report hedge ineffectiveness and requires the entire change in the fair value of a hedging in</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >strument to be presented in the same income statement line as the hedged item. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2018. All transition requirements and elections sh</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ould be applied to hedging relationships existing on the date of adoption. For cash flow and net investment hedges existing at the date of adoption, the Company should apply a cumulative-effect adjustment related to eliminating the separate measurement of</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > ineffectiveness to AOCI with a corresponding adjustment to the opening balance of retained earnings as of the beginning of the fiscal year that the Company adopts. The amended presentation and disclosure guidance is required only prospectively. Early ad</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >option is permitted including adoption in any interim period for which financial statements have not been issued or made available for issuance. The Company has elected to early adopt the guidance in this accounting standard update during the fourth quart</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >er of 2017, with no impact to its financial statements. The Company does not currently use any derivative instruments designated as hedges, but may choose to in the future.</font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in May 2017 to clarify when changes </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >to the terms or conditions of a share-based payment award must be accounted for as modifications. This accounting standard update will reduce diversity in practice and result in fewer changes to the terms of an award being accounted for as modifications. </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > This accounting standard update will allow companies to make certain changes to awards without accounting for them as modifications and an entity is not required to estimate the value of the award immediately before and after the change if the change does</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >n’t affect any of the inputs to the model used to value the award. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2017. The guidance within this accounting standard update shou</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ld be applied prospectively to awards modified on or after the adoption date. Early adoption is permitted including adoption in any interim period for which financial statements have not been issued or made available for issuance. During the second quart</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >er of 2017, the Company elected to early adopt this guidance with no impact to its financial statements.</font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in March 2017 to improve the presentation of net periodic pension and postretirement benefit cost. Defin</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ed benefit pension and postretirement benefit costs (“net benefit cost”) comprise several components that reflect different aspects of an employer’s financial arrangements as well as the cost of benefits provided to employees. This accounting standard upd</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ate requires that an employer disaggregate the service cost component from the other components of net benefit cost, provides explicit guidance on how to present the service cost component and the other components of net benefit cost in the income statemen</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >t and allows only the service cost component of net benefit cost to be eligible for capitalization. The guidance within this accounting standard update should be applied retrospectively for the presentation of the service cost component and the other comp</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >onents of net periodic benefit cost in the income statement and prospectively for the capitalization of the service cost component of net periodic benefit in assets. This accounting standard update is effective for annual periods beginning after December </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >15, 2017, including interim periods within those annual periods. Early adoption is permitted as of the beginning of an annual period for which financial statements (interim or annual) have not been issued or made available for issuance. During the first </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >quarter of 2017, the Company elected to early adopt the guidance within this accounting standard update, including the use of a practical expedient which allows the Company to use amounts previously disclosed in its pension and other postretirement benefit</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >s note for the prior period as the estimation basis for applying the required retrospective presentation. Adoption of this guidance resulted in a reclassification to the Company’s Consolidated Statements of Income for the years ended December 31, 2016 and</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 2015, as previously reported cost of goods sold (“COGS”) were reduced by $0.5 and $0.7 million, respectively, and SG&A were reduced by $1.8 million and $2.6 million, respectively, with a corresponding increase to other expense, net, of $2.3 million and $3</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >.3 million, respectively.</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > In addition, these required retrospective reclassifications resulted in an immaterial adjustment to previously reported direct operating earnings within the Company’s reportable operating segment disclosures for the years ended D</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ecember 31, 2016 and 2015, respectively, as well as </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >reclassifications to the Company’s quarterly results for the year ended December 31, 2016</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 </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >4</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, Note </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, Note </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >18</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > and Note </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >24</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > of Notes to Consolidated Financial Statements.</font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FA</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >SB 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 impairment from the condition that exists when the carrying </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >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 determine a goodwill impairment by calculating the implied fair val</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ue 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 this accounting standard update should be applied on a prospecti</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ve 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 impairment tests performed on testing dates after January 1, 2017. Du</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ring the third quarter of 2017, in connection with the Company’s 2017 annual goodwill impairment test, the Company elected to early adopt this guidance with no impact to its financial statements.</font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in January 201</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >7 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 this accounting stan</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >dard 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 </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >interim periods beginning after December 15, 2017. Early </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >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 early application of th</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >e 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:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in November 2016 requiring that the state</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ment 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 restricted cash or restricted</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 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 interim periods beginning </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >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 and is currently eva</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >luating the appropriate implementation strategy. Adoption of the guidance will not have an impact on the Company’s earnings or balance sheet but will result in changes to certain disclosures within the statement of cash flows, notably cash flows from inve</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >sting activities.</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > </font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in August 2016 to standardize how certain transactions are classified in the statement of cash flows. Specific transactions covered by the accounting standard update include debt prepayment </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >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 and bank owned life i</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >nsurance 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 after December 15, 2</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >017. 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 guidance and is curre</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ntly evaluating the appropriate implementation strategy. Adoption of the guidance will not have an impact on the Company’s earnings or balance sheet but may result in certain reclassifications on the statement of cash flows, including reclassifications be</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >tween cash flows from operating activities, investing activities and financing activities, respectively.</font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in March 2016 involving several aspects of the accounting for share-based payment transactions, including</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > 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 was effective for annual and interim p</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >eriods beginning after December 15, 2016. When adopted, application of the guidance will vary based on each aspect of the update, including adoption under retrospective, modified retrospective or prospective approaches. Early adoption was permitted. Dur</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ing the first quarter of 2017, the Company adopted the guidance within the accounting standard update as required. The impact of adoption for the Company included the elimination of recording the tax effects of deductions in excess of compensation cost th</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >rough equity as the guidance in this accounting standard update requires all tax effects related to share-based payments to now be recorded through the income statement. The tax effects of awards are required to be treated as discrete items in the interim</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > reporting period in which the share-based compensation-related tax benefits occur. In addition, when applying the treasury stock method for computing diluted earnings per share, there are no longer assumed proceeds from the share-based compensation-relat</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ed tax benefits and as a result, there are fewer shares considered to be repurchased in the calculation. This results in an assumption of more incremental shares being issued upon the exercise of share-based payment awards; therefore, equity awards will h</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ave a more dilutive effect on earnings per share. As required, the Company has applied these changes in the guidance prospectively, beginning in the first quarter of 2017. The result of these changes was a tax </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >benefit of $1.4</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > million recorded during the year ended December 31, 2017 and an immaterial number of dilutive shares added to the Company’s earnings per share calculation for the year ended December 31, 2017. In addition, all tax-related cash flows resulting from share-</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >based payments are now required to be reported as operating activities in the statement of cash flows under this new guidance. Either prospective or retrospective transition of this provision was permitted, and the Company has elected to apply the cash fl</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ow classification guidance on a prospective basis, consistent with the prospective transition for the treatment of excess tax benefits in the income statement. Lastly, the accounting standard update permitted Companies to make an accounting policy electio</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >n to account for forfeitures as they occur for service condition aspects of certain share-based awards, rather than estimating forfeitures each period. While permitted, the Company has decided not to elect this accounting policy change, and instead has el</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ected to continue utilizing a forfeiture rate assumption. Based on historical experience, the Company has assumed a forfeiture rate of 13% on certain of its nonvested stock awards.</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > See Note </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >6</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >, Note </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >8</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > and Note </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >9</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' > of Notes to Consolidated Financ</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >ial Statements. </font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;color:#000000;' >The FASB issued an accounting standard update in February 2016 regarding the accounting and disclosure for leases. Specifically, the update will require entities that lease assets to recognize the assets and liabilities for the right</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >s and obligations created by those leases on the balance sheet, in most instances. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2018, and should be applied on a modified retro</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >spective basis for the reporting periods presented. Early adoption is permitted. The Company has not early adopted and is currently evaluating the potential impact of this guidance and an appropriate implementation strategy. The Company has begun its im</font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >pact assessment, including taking an inventory of its outstanding leases globally. While the Company’s evaluation of this guidance is in the early stages, 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:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >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 contracts w</font><font style='font-family:Times New Roman;font-size:10pt;' >ith customers, which will be common to both U.S. GAAP and International Financial Reporting Standards. The guidance was </font><font style='font-family:Times New Roman;font-size:10pt;' >effective for annual and interim periods beginning after December 15, 2016, and allowed for full retrospective adoption of prior period</font><font style='font-family:Times New Roman;font-size:10pt;' > 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 effective for annua</font><font style='font-family:Times New Roman;font-size:10pt;' >l and interim periods beginning after December 15, 2017. Entities are permitted to adopt the new revenue standard early but not before the original effective date. During 2016 and 2017, the FASB issued a series of accounting standard updates to clarify a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd 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 and 2017 upd</font><font style='font-family:Times New Roman;font-size:10pt;' >ates did not change the core principles of the guidance previously issued in May 2014. </font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >During 2016, the Company reviewed its historical accounting policies and practices to identify potential differences with the requirements of the new revenue recognitio</font><font style='font-family:Times New Roman;font-size:10pt;' >n standard, as it related to the Company’s contracts and sales arrangements. As of December 31, 2017, the Company has completed its impact assessment for the implementation of the new revenue recognition guidance. This impact assessment and work performe</font><font style='font-family:Times New Roman;font-size:10pt;' >d included global and cross functional interviews and questionnaires, sales agreement and other sales document reviews, as well as technical considerations for the Company’s future transactional accounting, financial reporting and disclosure requirements. </font><font style='font-family:Times New Roman;font-size:10pt;' > The Company expects to adopt the guidance in the first quarter of 2018, as required, using a modified retrospective adoption approach applied to those contracts which will not be completed as of December 31, 2017. In addition, the Company will elect to a</font><font style='font-family:Times New Roman;font-size:10pt;' >pply certain of the permitted practical expedients within the revenue recognition guidance, including practical expedients around significant financing components, sales taxes and shipping and handling activities. </font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >Based on information reviewed to date an</font><font style='font-family:Times New Roman;font-size:10pt;' >d the impact assessment conclusions reached so far, the Company does not expect the adoption of this revenue recognition guidance to have a material impact on its reported earnings, cash flows, or balance sheet; however, the Company does expect the adoptio</font><font style='font-family:Times New Roman;font-size:10pt;' >n to increase the amount and level of disclosures concerning the Company’s net sales. In addition, the Company has begun preliminary considerations for how the new revenue recognition guidance may impact Houghton, as it pertains to the potential Combinati</font><font style='font-family:Times New Roman;font-size:10pt;' >on. </font></p></div> | |
CY2017 | kwr |
Combinationrelatedexpensesnetofpayements
Combinationrelatedexpensesnetofpayements
|
4952000 | USD |
CY2016 | kwr |
Combinationrelatedexpensesnetofpayements
Combinationrelatedexpensesnetofpayements
|
503000 | USD |
CY2015 | kwr |
Combinationrelatedexpensesnetofpayements
Combinationrelatedexpensesnetofpayements
|
0 | USD |
CY2017 | 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;font-weight:bold;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >currently </font><font style='font-family:Times New Roman;font-size:10pt;' >recognizes revenue in accordance with the terms of the underlying agreements, 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, </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >his generally occurs when products are shipped </font><font style='font-family:Times New Roman;font-size:10pt;' >or delivered </font><font style='font-family:Times New Roman;font-size:10pt;' >to customers or, for consignment-type arrangements, 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 accorda</font><font style='font-family:Times New Roman;font-size:10pt;' >nce </font><font style='font-family:Times New Roman;font-size:10pt;' >with their agreed-upon terms, when performance obligations are satisfied, when the amount is fixed or determinable, and when collectability is reasonably assured.</font></p><p style='text-align:left;margin-top:6pt;margin-bottom:6pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:18pt;' >During the first quarter of 2018, the Company will adopt the provisions of the </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Financial </font><font style='font-family:Times New Roman;font-size:10pt;color:#000000;' >Accounting Standards Board’s (“FASB’s”) new revenue recognition guidance, </font><font style='font-family:Times New Roman;font-size:10pt;' >which will require the Company to recognize revenue to depict the transfer of</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;' >promised goods or services to customers in an amount that reflects the consideration to which the Company expects to be entitled in exchange for those goods or services. To do this, the Company will apply the five-step model in the FASB’s guidance, which</font><font style='font-family:Times New Roman;font-size:10pt;' > requires the Company to: (i) identify the contract with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (</font><font style='font-family:Times New Roman;font-size:10pt;' >v) recognize revenue when, or as, the Company satisfies a performance obligation.</font></p></div> |