2018 Q2 Form 10-Q Financial Statement
#000008136218000010 Filed on July 30, 2018
Income Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
Revenue | $222.0M | $201.2M |
YoY Change | 10.33% | 7.63% |
Cost Of Revenue | $141.0M | $129.3M |
YoY Change | 9.03% | 11.98% |
Gross Profit | $80.94M | $71.84M |
YoY Change | 12.67% | 0.61% |
Gross Profit Margin | 36.46% | 35.71% |
Selling, General & Admin | $54.08M | $49.59M |
YoY Change | 9.05% | 1.84% |
% of Gross Profit | 66.82% | 69.04% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $4.900M | $4.900M |
YoY Change | 0.0% | 0.0% |
% of Gross Profit | 6.05% | 6.82% |
Operating Expenses | $54.08M | $49.59M |
YoY Change | 9.05% | 1.84% |
Operating Profit | $22.56M | $17.90M |
YoY Change | 26.03% | -21.14% |
Interest Expense | $1.602M | $780.0K |
YoY Change | 105.38% | 7.29% |
% of Operating Profit | 7.1% | 4.36% |
Other Income/Expense, Net | $261.0K | -$1.571M |
YoY Change | -116.61% | 366.17% |
Pretax Income | $21.79M | $16.09M |
YoY Change | 35.43% | -27.45% |
Income Tax | $3.668M | $4.224M |
% Of Pretax Income | 16.83% | 26.25% |
Net Earnings | $19.25M | $11.91M |
YoY Change | 61.65% | -20.71% |
Net Earnings / Revenue | 8.67% | 5.92% |
Basic Earnings Per Share | $1.44 | $0.90 |
Diluted Earnings Per Share | $1.44 | $0.89 |
COMMON SHARES | ||
Basic Shares Outstanding | 13.27M shares | 13.20M shares |
Diluted Shares Outstanding | 13.30M shares | 13.24M shares |
Balance Sheet
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $90.20M | $98.80M |
YoY Change | -8.7% | 2.7% |
Cash & Equivalents | $90.22M | $98.82M |
Short-Term Investments | ||
Other Short-Term Assets | $22.20M | $21.50M |
YoY Change | 3.26% | -10.04% |
Inventory | $95.90M | $87.90M |
Prepaid Expenses | ||
Receivables | $213.5M | $201.5M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $421.9M | $409.7M |
YoY Change | 2.98% | 7.05% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $83.37M | $86.73M |
YoY Change | -3.87% | 1.92% |
Goodwill | $84.23M | $84.76M |
YoY Change | -0.63% | 6.86% |
Intangibles | $68.75M | $75.51M |
YoY Change | -8.95% | 3.96% |
Long-Term Investments | $21.78M | $24.51M |
YoY Change | -11.16% | 9.81% |
Other Assets | $32.08M | $50.20M |
YoY Change | -36.11% | 55.82% |
Total Long-Term Assets | $301.7M | $320.6M |
YoY Change | -5.9% | 3.56% |
TOTAL ASSETS | ||
Total Short-Term Assets | $421.9M | $409.7M |
Total Long-Term Assets | $301.7M | $320.6M |
Total Assets | $723.6M | $730.3M |
YoY Change | -0.91% | 5.49% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $96.82M | $91.46M |
YoY Change | 5.85% | 21.03% |
Accrued Expenses | $17.60M | $14.50M |
YoY Change | 21.38% | -21.62% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $5.700M | $700.0K |
YoY Change | 714.29% | 0.0% |
Total Short-Term Liabilities | $151.7M | $134.4M |
YoY Change | 12.89% | 12.63% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $58.40M | $73.90M |
YoY Change | -20.97% | -11.61% |
Other Long-Term Liabilities | $82.54M | $69.92M |
YoY Change | 18.04% | -9.66% |
Total Long-Term Liabilities | $140.9M | $143.8M |
YoY Change | -2.0% | -10.67% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $151.7M | $134.4M |
Total Long-Term Liabilities | $140.9M | $143.8M |
Total Liabilities | $300.9M | $290.7M |
YoY Change | 3.54% | -0.48% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $387.5M | $374.0M |
YoY Change | 3.61% | 9.96% |
Common Stock | $108.3M | $127.1M |
YoY Change | -14.75% | 3.3% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $421.5M | $428.1M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $723.6M | $730.3M |
YoY Change | -0.91% | 5.49% |
Cashflow Statement
Concept | 2018 Q2 | 2017 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $19.25M | $11.91M |
YoY Change | 61.65% | -20.71% |
Depreciation, Depletion And Amortization | $4.900M | $4.900M |
YoY Change | 0.0% | 0.0% |
Cash From Operating Activities | $17.00M | $12.50M |
YoY Change | 36.0% | -50.2% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$2.200M | -$2.700M |
YoY Change | -18.52% | 22.73% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $700.0K | -$5.300M |
YoY Change | -113.21% | 253.33% |
Cash From Investing Activities | -$1.500M | -$8.000M |
YoY Change | -81.25% | 116.22% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -12.60M | 2.100M |
YoY Change | -700.0% | -112.28% |
NET CHANGE | ||
Cash From Operating Activities | 17.00M | 12.50M |
Cash From Investing Activities | -1.500M | -8.000M |
Cash From Financing Activities | -12.60M | 2.100M |
Net Change In Cash | 2.900M | 6.600M |
YoY Change | -56.06% | 53.49% |
FREE CASH FLOW | ||
Cash From Operating Activities | $17.00M | $12.50M |
Capital Expenditures | -$2.200M | -$2.700M |
Free Cash Flow | $19.20M | $15.20M |
YoY Change | 26.32% | -44.32% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q2 | us-gaap |
Gross Profit
GrossProfit
|
71835000 | USD |
CY2017Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
49594000 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
208358000 | USD |
CY2018Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
67650000 | USD |
kwr |
Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
|
91503000 | USD | |
kwr |
Nonoperating Charges
NonoperatingCharges
|
35511000 | USD | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
3698000 | USD | |
us-gaap |
Licenses Revenue
LicensesRevenue
|
439000 | USD | |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
259000 | USD | |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
79000 | USD | |
CY2017Q2 | us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
129348000 | USD |
CY2018Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
571000 | USD |
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
21793000 | USD |
CY2018Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3668000 | USD |
CY2018Q2 | kwr |
Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
18125000 | USD |
CY2018Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1245000 | USD |
CY2018Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
124000 | USD |
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
4224000 | USD |
CY2017Q2 | kwr |
Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
11868000 | USD |
CY2017Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
473000 | USD |
CY2017Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
435000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
7316000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-1791000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-33000 | USD |
CY2018Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-169000 | USD |
CY2018Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
3586000 | USD |
CY2018Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
3633000 | USD |
CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
21415000 | USD |
us-gaap |
Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
|
-3352000 | USD | |
kwr |
Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
|
177000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1975000 | USD | |
us-gaap |
Depreciation
Depreciation
|
6333000 | USD | |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
155698000 | USD |
CY2018Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
58397000 | USD |
us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
481000 | USD | |
us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
446000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
10873000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
11301000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
2323000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1407000 | USD | |
us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
19733000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
20832000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
500000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-5407000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5242000 | USD | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
5363000 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
43000 | USD | |
us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
21000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-10541000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
9453000 | USD | |
us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
-496000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
9167000 | USD | |
us-gaap |
Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
|
-941000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-11070000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-3346000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-3728000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-90000 | USD | |
CY2018Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
213548000 | USD |
CY2018Q2 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
48247000 | USD |
CY2018Q2 | us-gaap |
Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
|
47683000 | USD |
CY2018Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
22225000 | USD |
CY2017Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
44439000 | USD |
CY2017Q4 | us-gaap |
Inventory Finished Goods And Work In Process
InventoryFinishedGoodsAndWorkInProcess
|
42782000 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
21128000 | USD |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
406586000 | USD |
CY2018Q2 | us-gaap |
Assets Current
AssetsCurrent
|
421923000 | USD |
CY2018Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
255342000 | USD |
CY2018Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
171975000 | USD |
CY2018Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
83367000 | USD |
CY2018Q2 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
12602000 | 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 |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
86704000 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
71603000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
|
15661000 | USD |
CY2018Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
32075000 | USD |
CY2018Q2 | us-gaap |
Assets
Assets
|
723625000 | USD |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
30049000 | USD |
CY2017Q4 | us-gaap |
Assets
Assets
|
722327000 | USD |
CY2018Q2 | us-gaap |
Debt Current
DebtCurrent
|
5689000 | USD |
CY2018Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
96815000 | USD |
CY2018Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
17648000 | USD |
CY2018Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
31556000 | USD |
CY2018Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
151708000 | USD |
CY2017Q4 | us-gaap |
Debt Current
DebtCurrent
|
5736000 | USD |
CY2017Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
97732000 | USD |
CY2017Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
22846000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
29384000 | USD |
CY2018Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
8302000 | USD |
CY2018Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
82541000 | USD |
CY2018Q2 | us-gaap |
Liabilities
Liabilities
|
300948000 | 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
|
87044000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
313463000 | USD |
CY2018Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
13331000 | USD |
CY2018Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
94984000 | USD |
CY2018Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
387498000 | 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
|
365182000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
421462000 | USD |
CY2018Q2 | us-gaap |
Minority Interest
MinorityInterest
|
1215000 | USD |
CY2018Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
723625000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
406918000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
722327000 | USD |
CY2018Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
CY2018Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
30000000 | shares |
CY2018Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
13330845 | shares |
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 |
Common Stock Shares Issued
CommonStockSharesIssued
|
13307976 | shares |
CY2018Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
102000 | USD |
CY2017Q2 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
33000 | USD |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
6800000 | 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 |
CY2018Q2 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
7200000 | USD |
CY2018Q2 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
|
700000 | USD |
CY2018Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
|
1200000 | USD |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.228 | pure | |
CY2018Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
6189 | shares |
CY2017Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5728 | shares |
CY2018Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
892000 | USD |
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 |
CY2017Q2 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
0 | USD |
us-gaap |
Payments For Restructuring
PaymentsForRestructuring
|
675000 | USD | |
us-gaap |
Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
|
-5000 | USD | |
CY2017Q2 | kwr |
Nonoperating Charges
NonoperatingCharges
|
16642000 | USD |
CY2018Q2 | kwr |
Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
|
48068000 | USD |
CY2018Q2 | us-gaap |
Licenses Revenue
LicensesRevenue
|
189000 | USD |
CY2018Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-493000 | USD |
CY2018Q2 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
547000 | USD |
CY2018Q2 | kwr |
Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
|
505000 | USD |
CY2018Q2 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
20000 | USD |
CY2017Q2 | us-gaap |
Licenses Revenue
LicensesRevenue
|
202000 | USD |
CY2017Q2 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
249000 | USD |
CY2017Q2 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
13000 | USD |
CY2017Q2 | kwr |
Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
|
324000 | USD |
CY2017Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
110000 | USD |
CY2018Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
19163000 | USD |
CY2017Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
82000 | USD |
CY2017Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
11824000 | USD |
CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13267504 | shares |
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13195053 | shares |
us-gaap |
Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
|
-1804000 | USD | |
CY2017Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1092000 | USD |
CY2018Q2 | kwr |
Finite Lived Intangible Assets Amortization Expense Current Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseCurrentFiscalYear
|
7416000 | USD |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
7212000 | USD |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
6928000 | USD |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
6564000 | USD |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
6406000 | USD |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
6184000 | USD |
CY2018Q2 | us-gaap |
Indefinite Lived Trademarks
IndefiniteLivedTrademarks
|
1100000 | USD |
CY2018Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
4933000 | USD |
CY2018Q2 | kwr |
Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
|
1261000 | USD |
CY2017Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
4724000 | USD |
CY2017Q2 | kwr |
Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
|
928000 | USD |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
9662000 | USD | |
kwr |
Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
|
1479000 | USD | |
CY2017Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-72938000 | USD |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-87407000 | USD |
CY2018Q2 | kwr |
Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
|
-16674000 | USD |
CY2018Q2 | kwr |
Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
|
-1460000 | USD |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-15214000 | USD |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
399000 | USD |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-15613000 | USD |
CY2018Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
19163000 | USD |
CY2017Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
11824000 | USD |
CY2018Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
83000 | USD |
CY2017Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
82000 | USD |
CY2018Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
29884 | shares |
CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13297388 | shares |
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13240279 | shares |
CY2018Q2 | us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
83000 | USD |
CY2018Q2 | us-gaap |
Goodwill
Goodwill
|
84230000 | USD |
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
86034000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
1946000 | USD |
CY2017Q2 | kwr |
Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
|
7758000 | USD |
CY2017Q2 | kwr |
Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
|
-2375000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
10133000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
1110000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
9023000 | USD |
kwr |
Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
|
-11050000 | USD | |
kwr |
Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
|
-2071000 | USD | |
us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-8979000 | USD | |
us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
272000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-9251000 | USD | |
kwr |
Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
|
13010000 | USD | |
kwr |
Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
|
-2865000 | USD | |
us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
15875000 | USD | |
us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
1406000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
14469000 | USD | |
CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
19246000 | USD |
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.44 | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11906000 | USD |
CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.44 | |
CY2018Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.37 | |
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.89 | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.9 | |
CY2018Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-15784000 | USD |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-65100000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
408864000 | USD |
CY2018Q2 | us-gaap |
Profit Loss
ProfitLoss
|
19370000 | USD |
CY2018Q2 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
1845000 | USD |
CY2017Q2 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
1831000 | USD |
CY2018Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
261000 | USD |
CY2018Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
221962000 | USD |
us-gaap |
Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
|
-675000 | USD | |
CY2018Q2 | us-gaap |
Interest Expense
InterestExpense
|
1602000 | USD |
CY2017Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
9074000 | USD |
CY2018Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-47000 | USD |
CY2017Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
439594000 | USD |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
9311000 | USD | |
kwr |
Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
|
1304000 | USD | |
CY2018Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
13330845 | shares |
CY2017Q4 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
200000 | USD |
CY2018Q2 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
200000 | USD |
CY2018Q2 | kwr |
Cash Surrender Value Company Owned Life Insurance Fair Value Disclosure
CashSurrenderValueCompanyOwnedLifeInsuranceFairValueDisclosure
|
1591000 | USD |
CY2018Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
1591000 | USD |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
253370000 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
142722000 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
97648000 | USD | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.7 | ||
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
434017000 | USD | |
us-gaap |
Cost Of Goods Sold
CostOfGoodsSold
|
277633000 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
156384000 | USD | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
104090000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
42794000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-108000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
3294000 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1060000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
40452000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
9224000 | USD | |
kwr |
Income Loss From Continuing Operations Before Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
31228000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
929000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
32157000 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
179000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
31978000 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
2.4 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
2.4 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.725 | ||
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
103000 | USD | |
us-gaap |
Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
|
2341000 | USD | |
us-gaap |
Pension And Other Postretirement Benefit Contributions
PensionAndOtherPostretirementBenefitContributions
|
439000 | USD | |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
9500000 | USD | |
kwr |
Pension And Post Retirement Benefit Costs Nonservice Components
PensionAndPostRetirementBenefitCostsNonserviceComponents
|
1145000 | USD | |
us-gaap |
Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
|
10600000 | USD | |
CY2018Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
422763000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
421975000 | USD |
CY2017Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-81961000 | USD |
CY2018Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
4291000 | USD |
CY2018Q2 | us-gaap |
Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
|
4500000 | USD |
CY2018Q2 | kwr |
Pension And Post Retirement Benefit Costs Nonservice Components
PensionAndPostRetirementBenefitCostsNonserviceComponents
|
569000 | USD |
CY2017Q2 | kwr |
Pension And Post Retirement Benefit Costs Nonservice Components
PensionAndPostRetirementBenefitCostsNonserviceComponents
|
2436000 | USD |
CY2018Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.168 | pure |
CY2017Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.262 | pure |
CY2018Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
100000 | USD |
CY2017Q2 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
100000 | USD |
us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
200000 | USD | |
us-gaap |
Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
|
100000 | USD | |
CY2018Q2 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
100000 | USD |
kwr |
Unrecognized Tax Benefits Interest Income On Income Taxes
UnrecognizedTaxBenefitsInterestIncomeOnIncomeTaxes
|
100000 | USD | |
CY2017Q2 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
100000 | USD |
us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
100000 | USD | |
CY2018Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
54083000 | USD |
kwr |
Combinationrelatedexpensesnetofpayements
Combinationrelatedexpensesnetofpayements
|
-1445000 | USD | |
CY2016Q4 | us-gaap |
Restructuring Reserve
RestructuringReserve
|
670000 | USD |
kwr |
Combinationrelatedexpensesnetofpayements
Combinationrelatedexpensesnetofpayements
|
3306000 | USD | |
CY2018Q2 | us-gaap |
Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
|
300000 | USD |
CY2017Q2 | us-gaap |
Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
|
400000 | USD |
CY2017Q2 | 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 2017, the Company recorded a settlement charge of approximately $1.9 million. This settlement charge represents 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. | |
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 Company anticipates extending the bank commitment for the New Credit Facility through December 15, 2018 during the third quarter of 2018. The New Credit Facility is comprised of a $400.0 million multicurrency revolver, a $600.0 million USD term loan and a $150.0 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 initially 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 will incur certain interest costs paid to maintain the bank commitment (“ticking fees”), which began to accrue on September 29, 2017 and bear an interest rate of 0.30% per annum. | ||
us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div><p style='text-align:left;margin-top:0pt;margin-bottom:6pt;line-height:13.8pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;color:#000000;' >Note </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;' > – </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;' >The Financial Accounting Standards Board (“FASB”) issued an accounting standard update in June 2018 to simplify the accounting for share-based payment transactions with non-employees of the Company. </font><font style='font-family:Times New Roman;font-size:10pt;' >The </font><font style='font-family:Times New Roman;font-size:10pt;' >guidance within this accounting standard update generally requires that </font><font style='font-family:Times New Roman;font-size:10pt;' >share</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >based</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >payment transactions for acquiring goods </font><font style='font-family:Times New Roman;font-size:10pt;' >or </font><font style='font-family:Times New Roman;font-size:10pt;' >services from non</font><font style='font-family:Times New Roman;font-size:10pt;' >-</font><font style='font-family:Times New Roman;font-size:10pt;' >employees</font><font style='font-family:Times New Roman;font-size:10pt;' > of the Company be accounted for under the same guidance and model as all other share-based payment t</font><font style='font-family:Times New Roman;font-size:10pt;' >ransactions, including employees of the Company. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2018. Early adoption is permitted. The Company elected to early adopt the guida</font><font style='font-family:Times New Roman;font-size:10pt;' >nce within this accounting standard updated in the second quarter of 2018 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;' >The FASB issued an accounting standard update in February 2018 that allows a reclassification from accumulated other comprehensive incom</font><font style='font-family:Times New Roman;font-size:10pt;' >e (“AOCI”) to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act enacted in December 2017. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2018, </font><font style='font-family:Times New Roman;font-size:10pt;' >and should be applied either in the period of adoption or retrospectively to each period in which the effect of the change in the U.S. federal corporate income tax rate in the Tax Cuts and Jobs Act is recognized. Early adoption is permitted. The Company </font><font style='font-family:Times New Roman;font-size:10pt;' >has not early adopted the guidance and is currently evaluating its implementation.</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 FASB issued an accounting standard update in January 2017 to clarify the definition of a business with the objective of adding guidance to assist companies with evaluati</font><font style='font-family:Times New Roman;font-size:10pt;' >ng whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments in this accounting standard update provide a more robust framework to use in determining when a set of assets and activities is a busine</font><font style='font-family:Times New Roman;font-size:10pt;' >ss. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2017. Early adoption was permitted in limited circumstances, and the amendments in this accounting standard update should be </font><font style='font-family:Times New Roman;font-size:10pt;' >applied prospectively, with no disclosures required at transition. The Company adopted the guidance in the first quarter of 2018, as required, 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;' >The FASB issued an accounting standard update in November 2016 requi</font><font style='font-family:Times New Roman;font-size:10pt;' >ring that the statement of cash flows explain both the change in the total</font><font style='font-family:Times New Roman;font-size:10pt;' > cash and cash equivalents, and also</font><font style='font-family:Times New Roman;font-size:10pt;' > the amounts generally described as restricted cash or restricted cash equivalents. This will require amounts generally described as restricted</font><font style='font-family:Times New Roman;font-size:10pt;' > cash or restricted cash equivalents be included with cash and cash equivalents when reconciling the beginning and ending amounts shown on the statement of cash flows. The guidance within this accounting standard update is effective for annual and interim</font><font style='font-family:Times New Roman;font-size:10pt;' > periods beginning after December 15, 2017. Early adoption was permitted and the guidance requires application using a retrospective transition method to each period presented when adopted. The Company adopted the guidance in the first quarter of 2018, a</font><font style='font-family:Times New Roman;font-size:10pt;' >s required. Adoption of the guidance did not have an impact on the Company’s earnings or balance sheet but did result in changes to certain disclosures within the statement of cash flows, including cash flows from investing activities and total cash, cash</font><font style='font-family:Times New Roman;font-size:10pt;' > equivalents and restricted cash. See Note </font><font style='font-family:Times New Roman;font-size:10pt;' >12</font><font style='font-family:Times New Roman;font-size:10pt;' > of Notes to Condensed 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;' >The FASB issued an accounting standard update in October 2016 to improve the accounting for the income tax consequences of intra-entity transfers of a</font><font style='font-family:Times New Roman;font-size:10pt;' >ssets other than inventory. The provisions in this update will allow an entity to recognize current and deferred income taxes of an intra-entity transfer of an asset other than inventory when the transfer occurs rather than when the asset has been sold to</font><font style='font-family:Times New Roman;font-size:10pt;' > an outside party. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2017. Early adoption was permitted and the guidance requires application on a modified retrospective basis thr</font><font style='font-family:Times New Roman;font-size:10pt;' >ough a cumulative-effect adjustment directly to retained earnings as of the beginning of the period of adoption. The Company adopted the guidance in the first quarter of 2018, as required, 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;' >The FASB issued an acc</font><font style='font-family:Times New Roman;font-size:10pt;' >ounting 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 or debt extinguishment costs, settlement </font><font style='font-family:Times New Roman;font-size:10pt;' >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 insurance policies, distributions received</font><font style='font-family:Times New Roman;font-size:10pt;' > 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, 2017. Early adoption was permitted, provi</font><font style='font-family:Times New Roman;font-size:10pt;' >ded that all of the amendments are adopted in the same period. The guidance requires application using a retrospective transition method. The Company adopted the guidance in the first quarter of 2018</font><font style='font-family:Times New Roman;font-size:10pt;' > as required, with no impact to its financial statemen</font><font style='font-family:Times New Roman;font-size:10pt;' >ts.</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 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 rights and obligations </font><font style='font-family:Times New Roman;font-size:10pt;' >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 retrospective basis for</font><font style='font-family:Times New Roman;font-size:10pt;' > the reporting periods presented. Early adoption is permitted, but the Company has not early adopted. As of June 30, 2018, the Company has begun its impact assessment and implementation planning, including taking an inventory of its outstanding leases gl</font><font style='font-family:Times New Roman;font-size:10pt;' >obally, establishing a cross functional project team and evaluating software solutions that could potentially assist in facilitating the end-to-end leasing process, including adoption of this lease accounting guidance. While the Company’s implementation</font><font style='font-family:Times New Roman;font-size:10pt;' > of th</font><font style='font-family:Times New Roman;font-size:10pt;' >is guidance is in its early stages, the Company anticipates adoption of this guidance to have an impact on its balance sheet as it expects the majority of its operating leases will be recorded on its balance sheet by establishing right of use assets and as</font><font style='font-family:Times New Roman;font-size:10pt;' >sociated lease liabilities.</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 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 </font><font style='font-family:Times New Roman;font-size:10pt;' >revenue arising from contracts with customers, which will be common to both U.S. GAAP and International Financial Reporting Standards. The guidance was effective for annual and interim periods beginning after December 15, 2016, and allowed for full retros</font><font style='font-family:Times New Roman;font-size:10pt;' >pective adoption of prior period data or a modified retrospective adoption. Early adoption was not permitted. In August 2015, the FASB issued an accounting standard update to delay the effective date of the new revenue standard by one year, or, in other </font><font style='font-family:Times New Roman;font-size:10pt;' >words, to be effective for annual and interim periods beginning after December 15, 2017. Entities were 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 account</font><font style='font-family:Times New Roman;font-size:10pt;' >ing standard updates to clarify and expand on the implementation guidance, including principal versus agent considerations, identification of performance obligations, licensing, other technical corrections and adding certain practical expedients. The amen</font><font style='font-family:Times New Roman;font-size:10pt;' >dments in these 2016 and 2017 updates 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;' >As part of the Company’s impact assessment for the implementation of the new revenue recognition guidance, the Company reviewed its hist</font><font style='font-family:Times New Roman;font-size:10pt;' >orical accounting policies and practices to identify potential differences with the requirements of the new revenue recognition standard</font><font style='font-family:Times New Roman;font-size:10pt;' > as it related to the Company’s contracts and sales arrangements. In addition, the 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 has also begun a preliminary assessment of how the new revenue recognition guidance may impact Houghton, as it pertains to the pending Combination.</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 Company adopted the guidance in the first quarter of 2018</font><font style='font-family:Times New Roman;font-size:10pt;' > as required, electing to use a m</font><font style='font-family:Times New Roman;font-size:10pt;' >odified retrospective adoption approach applied to those contracts which were not completed as of January 1, 2018. Comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods. In a</font><font style='font-family:Times New Roman;font-size:10pt;' >ddition, the Company elected to apply certain of the permitted practical expedients within the revenue recognition guidance and make certain accounting policy elections including those related to significant financing components, sales taxes and shipping a</font><font style='font-family:Times New Roman;font-size:10pt;' >nd handling activities. </font><font style='font-family:Times New Roman;font-size:10pt;' >Adoption of the revenue recognition guidance did not have a material impact on the Company’s reported earnings or cash flows, however, adoption did increase the amount and level of disclosures concerning the Company’s net sales and</font><font style='font-family:Times New Roman;font-size:10pt;' > did result in one adjustment to the Company’s balance sheet. As a result of the Company’s impact assessment and adoption using the modified retrospective adoption approach,</font><font style='font-family:Times New Roman;font-size:10pt;' > the Company recorded an adjustment to its Condensed Consolidated Balance Sheet as </font><font style='font-family:Times New Roman;font-size:10pt;' >of December 31, 2017 to adjust the Company’s estimate of variable consideration relating to customers’ expected rights to return product. This adjustment resulted in an increase to other current liabilities of $1.0 million, an increase to non-current defe</font><font style='font-family:Times New Roman;font-size:10pt;' >rred tax assets of $0.2 million and a decrease to retained earnings of $0.8 million. There were no other impacts recorded as a result of adopting the revenue recognition guidance. The impact of adoption of the new revenue recognition guidance was immater</font><font style='font-family:Times New Roman;font-size:10pt;' >ial for the three and six months ended June 30, 2018 and the Company expects the impact to be immaterial on an ongoing basis. </font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >See Note 4 of Notes to Condensed Consolidated Financial Statements.</font></p></div> | ||
kwr |
Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
|
81637000 | USD | |
kwr |
Nonoperating Charges
NonoperatingCharges
|
32959000 | USD | |
us-gaap |
Licenses Revenue
LicensesRevenue
|
471000 | USD | |
CY2017Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
201183000 | USD |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
17903000 | USD |
CY2017Q2 | us-gaap |
Interest Expense
InterestExpense
|
780000 | USD |
CY2017Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
540000 | USD |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
16092000 | USD |
CY2017Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1571000 | USD |
CY2017Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
4338000 | USD |
CY2017Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.355 | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
396092000 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1063000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
29612000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
18898000 | USD | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.42 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.42 | ||
us-gaap |
Profit Loss
ProfitLoss
|
19955000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
31661000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1676000 | USD | |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
13413000 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2245000 | USD | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
3604000 | USD | |
CY2017Q4 | us-gaap |
Business Combination Separately Recognized Transactions Liabilities Recognized
BusinessCombinationSeparatelyRecognizedTransactionsLiabilitiesRecognized
|
5500000 | USD |
CY2017Q2 | us-gaap |
Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
|
4300000 | USD |
us-gaap |
Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
|
13400000 | USD | |
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;margin-left:18pt;' >As part of the Company’s CMS, certain third-party product sales to customers are managed by the Company. Where the Company acts as a principal, revenues are recognized on a gross reporting basis at the selling price negotiated with</font><font style='font-family:Times New Roman;font-size:10pt;' > its customers. Where the Company acts as an agent, revenue is recognized on a net reporting basis at the amount of the administrative fee earned by the Company for ordering the goods.</font></p></div> | ||
CY2018Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
90220000 | USD |
CY2018Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
20740000 | USD |
CY2018Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
110960000 | USD |
CY2017Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
98821000 | USD |
CY2017Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
21458000 | USD |
CY2017Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
120279000 | USD |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
89879000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
21171000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
111050000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
88818000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
21883000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
110701000 | USD |
kwr |
Net Reporting Amount
NetReportingAmount
|
24100000 | USD | |
kwr |
Net Reporting Amount
NetReportingAmount
|
21800000 | USD | |
CY2018Q2 | kwr |
Net Reporting Amount
NetReportingAmount
|
12500000 | USD |
CY2017Q2 | kwr |
Net Reporting Amount
NetReportingAmount
|
11400000 | USD |
kwr |
Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
|
618000 | USD | |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
241000 | USD | |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
67000 | USD | |
kwr |
Pension And Post Retirement Benefit Costs Nonservice Components
PensionAndPostRetirementBenefitCostsNonserviceComponents
|
3002000 | USD | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
|
145000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
18753000 | USD | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13185627 | shares | |
us-gaap |
Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
|
145000 | USD | |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
45310 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13230937 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
4894 | shares | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
15040000 | USD | |
us-gaap |
Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
|
<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;margin-left:18pt;' >A contract liability is recognized when the Company receives consideration, or if it has the unconditional right to receive consideration, in advance of performance. A contra</font><font style='font-family:Times New Roman;font-size:10pt;' >ct liability is the Company’s obligation to transfer goods or services to a customer for which the Company has received consideration, or a specified amount of consideration is due, from the customer. The Company’s contract liabilities primarily represent</font><font style='font-family:Times New Roman;font-size:10pt;' > deferred revenue recorded for customer payments received by the Company prior to the Company satisfying the associated performance obligation. Deferred revenues are presented within other current liabilities in the Company’s Condensed Consolidated Balanc</font><font style='font-family:Times New Roman;font-size:10pt;' >e Sheets.</font></p></div> | ||
CY2018Q2 | us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
1300000 | USD |
us-gaap |
Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
|
2800000 | USD | |
CY2017Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
1500000 | USD |
kwr |
Statutory Tax Rate
StatutoryTaxRate
|
0.35 | pure | |
kwr |
Statutory Tax Rate
StatutoryTaxRate
|
0.21 | pure | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
834000 | USD | |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
412606000 | USD |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
834000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
0 | USD | |
CY2018Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-58738000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
|
76581000 | USD |
CY2017Q4 | kwr |
Finite Lived Trademarks Formulations And Product Technology
FiniteLivedTrademarksFormulationsAndProductTechnology
|
33025000 | USD |
CY2018Q2 | kwr |
Finite Lived Trademarks Formulations And Product Technology
FiniteLivedTrademarksFormulationsAndProductTechnology
|
33538000 | USD |
CY2017Q4 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
6114000 | USD |
CY2018Q2 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
5990000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
115720000 | USD |
CY2018Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
114879000 | USD |
CY2017Q2 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
486000 | USD |
CY2018Q2 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
21778000 | USD |
CY2017Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
25690000 | USD |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
12764000 | USD | |
us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
|
-2109000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
167000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
34995000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
33367000 | USD | |
us-gaap |
Property Plant And Equipment Additional Disclosures
PropertyPlantAndEquipmentAdditionalDisclosures
|
Gain on fixed asset disposals, net, during the three and six months ended June 30, 2018 includes a $0.6 million gain on the sale of an available-for-sale asset. | ||
CY2018Q2 | us-gaap |
Business Combination Separately Recognized Transactions Liabilities Recognized
BusinessCombinationSeparatelyRecognizedTransactionsLiabilitiesRecognized
|
4000000 | USD |
CY2018Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
1600000 | USD |
us-gaap |
Restructuring Charges
RestructuringCharges
|
0 | USD | |
kwr |
Ustaxreformact
Ustaxreformact
|
As previously disclosed in its Annual Report filed on Form 10-K for the year ended December 31, 2017, the U.S. government enacted comprehensive tax legislation commonly referred to as U.S. Tax Reform on December 22, 2017. U.S. Tax Reform includes multiple changes to the U.S. tax code with varying effects on the Company’s results for the six months ended June 30, 2018. 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 its financial statements. 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. The Company is continuing to evaluate all of the provisions of U.S. Tax Reform and expects to finalize its assessment during the one-year measurement period provided by the SEC to complete the accounting for U.S. Tax Reform. It is possible that the Internal Revenue Service or the U.S. Department of the Treasury could issue subsequent guidance or take positions on audit that differ from the Company’s interpretations and assumptions. | ||
CY2018Q2 | us-gaap |
Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
|
1200000 | USD |
us-gaap |
Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
|
1200000 | USD |