2019 Q4 Form 10-K Financial Statement

#000008136220000002 Filed on March 20, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q2
Revenue $391.3M $325.1M $205.9M
YoY Change 85.03% 46.44% -7.25%
Cost Of Revenue $255.2M $220.1M $130.7M
YoY Change 86.82% 56.16% -7.32%
Gross Profit $136.1M $105.1M $75.16M
YoY Change 81.9% 29.55% -7.14%
Gross Profit Margin 34.79% 32.31% 36.51%
Selling, General & Admin $101.5M $80.81M $50.03M
YoY Change 100.99% 51.7% -7.5%
% of Gross Profit 74.56% 76.92% 66.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.00M $17.80M $4.900M
YoY Change 337.5% 263.27% 0.0%
% of Gross Profit 15.43% 16.94% 6.52%
Operating Expenses $101.5M $80.81M $50.03M
YoY Change 100.99% 51.7% -7.5%
Operating Profit $20.28M -$14.50M $20.53M
YoY Change 1.04% -158.2% -9.01%
Interest Expense -$9.100M $6.553M $1.283M
YoY Change 1416.67% 333.97% -19.91%
% of Operating Profit -44.88% 6.25%
Other Income/Expense, Net $0.00 $203.0K $43.00K
YoY Change -100.0% -138.81% -83.52%
Pretax Income $11.00M -$20.40M $19.84M
YoY Change -42.71% -187.16% -8.96%
Income Tax -$2.000M -$5.633M $4.800M
% Of Pretax Income -18.18% 24.19%
Net Earnings $15.24M -$13.05M $15.59M
YoY Change 95.26% -166.29% -18.99%
Net Earnings / Revenue 3.89% -4.01% 7.57%
Basic Earnings Per Share $0.86 -$0.80 $1.17
Diluted Earnings Per Share $0.86 -$0.80 $1.17
COMMON SHARES
Basic Shares Outstanding 17.73M shares 16.19M shares 13.30M shares
Diluted Shares Outstanding 16.19M shares 13.35M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $123.5M $128.2M $86.40M
YoY Change 18.64% 28.46% -4.21%
Cash & Equivalents $123.5M $128.2M $86.36M
Short-Term Investments
Other Short-Term Assets $41.50M $51.30M $21.00M
YoY Change 129.28% 194.83% -5.41%
Inventory $175.0M $174.4M $94.50M
Prepaid Expenses
Receivables $376.0M $370.7M $210.3M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $716.0M $724.6M $412.2M
YoY Change 71.08% 69.32% -2.31%
LONG-TERM ASSETS
Property, Plant & Equipment $213.5M $204.1M $82.62M
YoY Change 154.36% 148.44% -0.89%
Goodwill $607.2M $557.3M $83.30M
YoY Change 628.65% 565.9% -1.11%
Intangibles $1.365B $1.307B $60.96M
YoY Change 2010.12% 1850.62% -11.34%
Long-Term Investments $93.82M $91.94M $21.36M
YoY Change 340.15% 309.14% -1.91%
Other Assets $40.43M $43.31M $32.44M
YoY Change 26.14% 35.08% 1.13%
Total Long-Term Assets $2.134B $2.000B $312.4M
YoY Change 633.06% 563.61% 3.53%
TOTAL ASSETS
Total Short-Term Assets $716.0M $724.6M $412.2M
Total Long-Term Assets $2.134B $2.000B $312.4M
Total Assets $2.850B $2.724B $724.5M
YoY Change 301.64% 273.58% 0.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $164.1M $173.7M $93.89M
YoY Change 86.86% 80.86% -3.03%
Accrued Expenses $83.61M $70.10M $21.50M
YoY Change 168.76% 190.87% 22.16%
Deferred Revenue $5.554M
YoY Change 153.96%
Short-Term Debt $38.33M $0.00 $0.00
YoY Change 5621.19%
Long-Term Debt Due $38.30M $36.50M $700.0K
YoY Change 5371.43% 540.35% -87.72%
Total Short-Term Liabilities $359.9M $345.8M $153.2M
YoY Change 137.63% 119.8% 0.98%
LONG-TERM LIABILITIES
Long-Term Debt $882.4M $826.5M $11.79M
YoY Change 2355.72% 1663.21% -79.81%
Other Long-Term Liabilities $66.38M $111.9M $74.62M
YoY Change 52.51% 34.88% -9.6%
Total Long-Term Liabilities $948.8M $938.4M $86.41M
YoY Change 1094.04% 622.92% -38.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $359.9M $345.8M $153.2M
Total Long-Term Liabilities $948.8M $938.4M $86.41M
Total Liabilities $1.608B $1.521B $266.6M
YoY Change 488.35% 412.74% -11.42%
SHAREHOLDERS EQUITY
Retained Earnings $413.0M $404.6M $424.4M
YoY Change 1.94% 0.58% 9.54%
Common Stock $906.0M $903.5M $110.9M
YoY Change 718.81% 725.45% 2.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.241B $1.202B $456.5M
YoY Change
Total Liabilities & Shareholders Equity $2.850B $2.724B $724.5M
YoY Change 301.64% 273.58% 0.12%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q2
OPERATING ACTIVITIES
Net Income $15.24M -$13.05M $15.59M
YoY Change 95.26% -166.29% -18.99%
Depreciation, Depletion And Amortization $21.00M $17.80M $4.900M
YoY Change 337.5% 263.27% 0.0%
Cash From Operating Activities $46.90M $13.10M $22.40M
YoY Change 68.1% -58.01% 31.76%
INVESTING ACTIVITIES
Capital Expenditures -$5.400M -$4.600M -$3.000M
YoY Change 31.71% 43.75% 36.36%
Acquisitions
YoY Change
Other Investing Activities -$95.30M -$797.5M $100.0K
YoY Change -95400.0% -398850.0% -85.71%
Cash From Investing Activities -$100.7M -$802.1M -$2.800M
YoY Change 2417.5% 26636.67% 86.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 45.70M 833.7M -4.900M
YoY Change -329.65% -5343.4% -61.11%
NET CHANGE
Cash From Operating Activities 46.90M 13.10M 22.40M
Cash From Investing Activities -100.7M -802.1M -2.800M
Cash From Financing Activities 45.70M 833.7M -4.900M
Net Change In Cash -8.100M 44.70M 14.70M
YoY Change -302.5% 263.41% 406.9%
FREE CASH FLOW
Cash From Operating Activities $46.90M $13.10M $22.40M
Capital Expenditures -$5.400M -$4.600M -$3.000M
Free Cash Flow $52.30M $17.70M $25.40M
YoY Change 63.44% -48.55% 32.29%

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877000 USD
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3724000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
436369000 USD
CY2018Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-44000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
436325000 USD
CY2019 kwr Fair Value Step Up Of Inventory Sold
FairValueStepUpOfInventorySold
11714000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
31884000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2570000 USD
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.525
CY2019 us-gaap Dividends Common Stock
DividendsCommonStock
23724000 USD
CY2019 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
789080000 USD
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
894000 USD
CY2019 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
476000 USD
CY2019 us-gaap Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
4861000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1242366000 USD
CY2019 us-gaap Restricted Cash And Cash Equivalent Item Description
RestrictedCashAndCashEquivalentItemDescription
The Company invests temporary and excess funds in money market securities and financial instruments having maturities within 90 days. The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents.
CY2019 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Description
NewAccountingPronouncementOrChangeInAccountingPrincipleDescription
As a result of the Company’s adoption, using the modified retrospective adoption approach, the Company recorded a cumulative effect of an accounting change as of January 1, 2018 to adjust the Company’s estimate of variable consideration related to the customer’s expected rights to return product. This adjustment resulted in an increase to other accrued liabilities of $1.0 million, an increase to deferred tax assets of $0.2 million and a decrease to retained earnings of $0.8 million.
CY2019 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
1000000.0 USD
CY2019 us-gaap Restatement Of Prior Year Income Tax Effects
RestatementOfPriorYearIncomeTaxEffects
200000 USD
CY2019Q4 us-gaap Impact Of Restatement On Opening Retained Earnings Net Of Tax
ImpactOfRestatementOnOpeningRetainedEarningsNetOfTax
800000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
0 USD
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 Item
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1133503000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
867520000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
820082000 USD
CY2019 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
251704000 USD
CY2018 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
195475000 USD
CY2017 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
176402000 USD
CY2019 kwr Business Combination Measurement Period
BusinessCombinationMeasurementPeriod
P1Y
CY2019 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">Certain information has been reclassified to conform to the current year presentation.</span>
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and disclosure of contingencies at the date of the financial statements and the reported amounts of net sales and expenses during the reporting period. Actual results could differ from such estimates</span>
CY2019 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<p style="margin-top: 4.00pt; margin-bottom: 4.00pt; text-align: left"><span style="color: #000000; font-family: 'Times New Roman', 'serif'; font-weight: bold; font-size: 10.00pt">Note 3 – Recently Issued Accounting Standards</span></p><p style="margin-top: 4.00pt; margin-bottom: 4.00pt; text-align: left"><span style="font-family: 'Times New Roman', 'serif'; font-style: italic; font-size: 10.00pt">Recently Issued Accounting Standards Not Yet Adopted</span></p><p style="margin-top: 4.00pt; margin-bottom: 4.00pt; text-indent: 0.13in; text-align: left"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">The FASB issued an accounting standard update in January 2020 clarifying the interaction between accounting standards related to equity securities, equity method investments, and certain derivatives. The new guidance, among other things, states that a company should consider observable transactions that require a company to either apply or discontinue the equity method of accounting, for the purposes of applying the fair value measurement alternative immediately before applying or upon discontinuing the equity method. The new guidance also addresses the measurement of certain purchased options and forward contracts used to acquire investments. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2020 and is to be applied prospectively. Early adoption is permitted. The Company has not early adopted the guidance and is currently evaluating its implementation. </span></p><p style="margin-top: 4.00pt; margin-bottom: 4.00pt; text-indent: 0.13in; text-align: left"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">The FASB issued an accounting standard update in December 2019 to simplify the accounting for income taxes. The guidance within this accounting standard update removes certain exceptions, including the exception to the incremental approach for certain intra-period tax allocations, to the requirement to recognize or not recognize certain deferred tax liabilities for equity method investments and foreign subsidiaries, and to the general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. Further, the guidance simplifies the accounting related to franchise taxes, the step up in tax basis for goodwill, current and deferred tax expense, and codification improvements for income taxes related to employee stock ownership plans. The guidance is effective for annual and interim periods beginning after December 15, 2020. Early adoption is permitted. The Company has not early adopted the guidance and is currently evaluating its implementation.</span></p><p style="margin-top: 4.00pt; margin-bottom: 4.00pt; text-indent: 0.13in; text-align: left"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">The FASB issued an accounting standard update in August 2018 that modifies certain disclosure requirements for employers that sponsor defined benefit pension or other postretirement plans. The amendments in this accounting standard update remove disclosures that are no longer considered cost beneficial, clarify the specific requirements of certain disclosures, and add new disclosure requirements as relevant. The guidance within this accounting standard update is effective for annual periods beginning after December 15, 2020, and should be applied retrospectively to all periods presented. Early adoption is permitted. The Company has not early adopted the guidance and is currently evaluating its implementation. </span></p><p style="margin-top: 4.00pt; margin-bottom: 4.00pt; text-indent: 0.13in; text-align: left"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">The FASB also issued an accounting standard update in August 2018 that clarifies the accounting for implementation costs incurred in a cloud computing arrangement under a service contract. This guidance generally aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement under a service contract with the requirements for capitalizing implementation costs related to internal-use software. The guidance within this accounting standard update is effective for annual periods beginning after December 15, 2019 and may be applied either retrospectively or prospectively to all implementation costs incurred after the date of adoption. Early adoption is permitted. The Company has not early adopted the guidance, is currently working through the implementation of this guidance and does not currently expect the guidance to have a material impact to its financial statements.</span></p><p style="margin-top: 4.00pt; margin-bottom: 4.00pt; text-indent: 0.13in; text-align: left"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">The FASB issued an additional accounting standard update in August 2018 that modifies certain disclosure requirements for fair value measurements. The guidance removes certain disclosure requirements regarding transfers between levels of the fair value hierarchy as well as certain disclosures related to the valuation processes for certain fair value measurements. Further, the guidance added certain disclosure requirements including unrealized gains and losses and significant unobservable inputs used to develop certain fair value measurements. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2019, and may be applied prospectively in the initial year of adoption or retrospectively to all periods presented, depending on the amended disclosure requirement. Early adoption is permitted. The Company has not early adopted the</span></p><p style="margin-top: 4.00pt; margin-bottom: 4.00pt; text-align: left"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">guidance, is currently working through the implementation of this guidance and does not currently expect the guidance to have a material impact to its financial statements.</span></p><p style="margin-top: 4.00pt; margin-bottom: 4.00pt; text-indent: 0.13in; text-align: left"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">The FASB issued an accounting standard update in June 2016 related to the accounting for and disclosure of credit losses. In May 2019, the FASB issued an accounting standard update to provide targeted transition relief to increase comparability of financial statements. The guidance introduces a new model for recognizing credit losses on financial instruments, including customer accounts receivable, based on an estimate of current expected credit losses. The guidance within this accounting standard update is effective for annual and interim periods beginning after December 15, 2019, and aspects of the guidance which may be applicable to the Company should be applied on a modified retrospective basis. Early adoption is permitted. The Company has not early adopted the guidance, is currently working through the implementation of this guidance and does not currently expect the guidance to have a material impact to its financial statements.</span></p>
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
16661000 USD
CY2017 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
29938000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
26678000 USD
CY2018 kwr Fair Value Step Up Of Inventory Sold
FairValueStepUpOfInventorySold
0 USD
CY2017 kwr Fair Value Step Up Of Inventory Sold
FairValueStepUpOfInventorySold
0 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4861000 USD
CY2019 kwr Nonoperating Charges
NonoperatingCharges
104572000 USD
CY2018 kwr Nonoperating Charges
NonoperatingCharges
83515000 USD
CY2017 kwr Nonoperating Charges
NonoperatingCharges
76231000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27129000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7518000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7489000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
46134000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
87781000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
62744000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-254000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-642000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-718000 USD
CY2019 us-gaap Interest Expense
InterestExpense
16976000 USD
CY2018 us-gaap Interest Expense
InterestExpense
4041000 USD
CY2017 us-gaap Interest Expense
InterestExpense
1358000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
28904000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
83098000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
60668000 USD
CY2019Q4 us-gaap Assets
Assets
2850316000 USD
CY2018Q4 us-gaap Assets
Assets
709665000 USD
CY2017Q4 us-gaap Assets
Assets
722126000 USD
CY2019Q4 us-gaap Noncurrent Assets
NoncurrentAssets
390628000 USD
CY2018Q4 us-gaap Noncurrent Assets
NoncurrentAssets
137294000 USD
CY2017Q4 us-gaap Noncurrent Assets
NoncurrentAssets
142443000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15545000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12886000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10872000 USD
CY2019 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
17766000 USD
CY2018 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
12196000 USD
CY2017 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
12477000 USD
CY2019 kwr Netreportingamount
Netreportingamount
48000000.0 USD
CY2018 kwr Netreportingamount
Netreportingamount
47100000 USD
CY2017 kwr Netreportingamount
Netreportingamount
44500000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
2200000 USD
CY2018Q4 us-gaap Deferred Revenue
DeferredRevenue
1300000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1133503000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1133503000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
867520000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
867520000 USD
CY2018Q4 kwr Lessee Operating Lease Liability Future Minimum Rental Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityFutureMinimumRentalPaymentsDueNextTwelveMonths
7068000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
9400000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1500000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
0 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
9200000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2600000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
42905000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
42450000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M12D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0421 pure
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12731000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10095000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
6570000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4692000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3859000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
10982000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
48929000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6479000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
42450000 USD
CY2018Q4 kwr Lessee Operating Lease Liability Future Minimum Rental Payments Due Next Year Two
LesseeOperatingLeaseLiabilityFutureMinimumRentalPaymentsDueNextYearTwo
5635000 USD
CY2018Q4 kwr Lessee Operating Lease Liability Future Minimum Rental Payments Due Year Three
LesseeOperatingLeaseLiabilityFutureMinimumRentalPaymentsDueYearThree
4509000 USD
CY2018Q4 kwr Lessee Operating Lease Liability Future Minimum Rental Payments Due Year Four
LesseeOperatingLeaseLiabilityFutureMinimumRentalPaymentsDueYearFour
3523000 USD
CY2018Q4 kwr Lessee Operating Lease Liability Future Minimum Rental Payments Due Year Five
LesseeOperatingLeaseLiabilityFutureMinimumRentalPaymentsDueYearFive
2659000 USD
CY2018Q4 kwr Lessee Operating Lease Liability Future Minimum Rental Payments Due After Year Five
LesseeOperatingLeaseLiabilityFutureMinimumRentalPaymentsDueAfterYearFive
7779000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
116.39
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
51610 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
154.92
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
28535 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
80.22
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
735 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
147.01
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
144412 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
137.15
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y9M18D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4066000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
84839 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
151.12
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y7M6D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
1204000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
59573 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
117.27
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
122072 shares
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3724000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4190000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y8M12D
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2862000 USD
CY2019Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
144412 shares
CY2019 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y9M18D
CY2019Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
137.15
CY2019Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
59573 shares
CY2019Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
117.27
CY2019 kwr Director Stock Ownership Cash Retainer
DirectorStockOwnershipCashRetainer
In 2013, the Company adopted the 2013 Director Stock Ownership Plan (the “Plan”), to encourage the Directors to increase their investment in the Company, which was approved at the Company’s May 2013 shareholders’ meeting. The Plan authorizes the issuance of up to 75,000 shares of Quaker common stock in accordance with the terms of the Plan in payment of all or a portion of the annual cash retainer payable to each of the Company’s non-employee directors in 2013 and subsequent years during the term of the Plan. 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. The annual retainer is $0.1 million and the retainer payment date is June 1.
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.85 pure
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Discount From Market Price Purchase Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardDiscountFromMarketPricePurchaseDate
0.15 pure
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1035000 USD
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
862000 USD
CY2017 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
861000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
223000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-807000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
891000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
58000 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
657000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-79000 USD
CY2019 kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
1118000 USD
CY2018 kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
668000 USD
CY2017 kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
1015000 USD
CY2019 kwr Pensionandpostretirementbenefitcostsnonservicecomponents
Pensionandpostretirementbenefitcostsnonservicecomponents
-2805000 USD
CY2018 kwr Pensionandpostretirementbenefitcostsnonservicecomponents
Pensionandpostretirementbenefitcostsnonservicecomponents
-2285000 USD
CY2017 kwr Pensionandpostretirementbenefitcostsnonservicecomponents
Pensionandpostretirementbenefitcostsnonservicecomponents
-4234000 USD
CY2019 kwr Insurancesolvencyrecovery
Insurancesolvencyrecovery
60000 USD
CY2018 kwr Insurancesolvencyrecovery
Insurancesolvencyrecovery
90000 USD
CY2017 kwr Insurancesolvencyrecovery
Insurancesolvencyrecovery
600000 USD
CY2019 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
455000 USD
CY2018 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
425000 USD
CY2017 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
380000 USD
CY2019 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
398000 USD
CY2018 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
252000 USD
CY2017 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
152000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-254000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-642000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-718000 USD
CY2019 us-gaap Foreign Currency Transactions Description
ForeignCurrencyTransactionsDescription
Foreign exchange gains (losses), net, during the years ended December 31, 2019 and 2018, include foreign currency transaction losses of $1.0 million and $0.4 million, respectively, related to hyper-inflationary accounting for the Company’s Argentine subsidiaries, and specific to 2018, a foreign currency transaction gain of approximately $0.4 million related to the liquidation of an inactive legal entity.
CY2019 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
1000000.0 USD
CY2018 us-gaap Foreign Currency Transaction Loss Before Tax
ForeignCurrencyTransactionLossBeforeTax
400000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Before Tax
ForeignCurrencyTransactionGainBeforeTax
400000 USD
CY2019 us-gaap Property Plant And Equipment Additional Disclosures
PropertyPlantAndEquipmentAdditionalDisclosures
Gain (loss) on fixed asset disposals, net, during the year ended December 31, 2018 and 2017, includes a $0.6 million gain and a $0.1 million loss, respectively, on the sale of held-for-sale assets in each period.
CY2018 kwr Gain On Disposition Of Assets
GainOnDispositionOfAssets
600000 USD
CY2017 kwr Gain On Disposition Of Assets
GainOnDispositionOfAssets
-100000 USD
CY2019Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability
15500000 USD
CY2019Q4 kwr Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability Installments Paid
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiabilityInstallmentsPaid
7000000.0 USD
CY2019Q4 kwr Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability Remaining Installments
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiabilityRemainingInstallments
8500000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
14105000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
26326000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
16853000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
37899000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-9267000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-239000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6583000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
21265000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
352000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-1844000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2529000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
26213000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
12114000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
7859000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
6889000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-396000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-173000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-36000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-14579000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
511000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-3099000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2084000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25050000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41653000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-46697000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
27387000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
10468000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
75601000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
55711000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
50200000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
28904000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
83098000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
60668000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
15142000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
8185000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
2253000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
4364000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
1160000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
1002000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Loss Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLossReserves
357000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Bonuses
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBonuses
7213000 USD
CY2018Q4 kwr Deferred Tax Assets Royalties And License Fees
DeferredTaxAssetsRoyaltiesAndLicenseFees
325000 USD
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
2163000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1050000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
753000 USD
CY2019Q4 kwr Deferred Tax Assets Prepaid Expense
DeferredTaxAssetsPrepaidExpense
2976000 USD
CY2018Q4 kwr Deferred Tax Assets Prepaid Expense
DeferredTaxAssetsPrepaidExpense
-6000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
3895000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
3962000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
16044000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
8434000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
34384000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
0 USD
CY2019Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
11479000 USD
CY2018Q4 us-gaap Deferred Tax Asset Interest Carryforward
DeferredTaxAssetInterestCarryforward
614000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringCharges
2167000 USD
CY2018Q4 kwr Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges Adjustments
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsRestructuringChargesAdjustments
802000 USD
CY2019Q4 kwr Deferred Tax Assets Right Of Use Assets
DeferredTaxAssetsRightOfUseAssets
10015000 USD
CY2018Q4 kwr Deferred Tax Assets Right Of Use Assets
DeferredTaxAssetsRightOfUseAssets
0 USD
CY2019Q4 kwr Deferred Tax Assets Royalties And License Fees
DeferredTaxAssetsRoyaltiesAndLicenseFees
2156000 USD
CY2018Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
841000 USD
CY2019Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
2580000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Research And Development Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedResearchAndDevelopmentCosts
5000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
1317000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
489000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
115836000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
28671000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
13834000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7520000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
102002000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
21151000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
17754000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4098000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
1269000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Deferred Expense Reserves And Accruals
DeferredTaxLiabilitiesDeferredExpenseReservesAndAccruals
1062000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
254359000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
11191000 USD
CY2019Q4 kwr Deferred Tax Liabilities Lease Liabilities
DeferredTaxLiabilitiesLeaseLiabilities
9965000 USD
CY2018Q4 kwr Deferred Tax Liabilities Lease Liabilities
DeferredTaxLiabilitiesLeaseLiabilities
0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
6776000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
8228000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
7857000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
298351000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
24208000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
11900000 USD
CY2019Q4 kwr Operating Loss Carryforwards State Partial Valuation Allowance
OperatingLossCarryforwardsStatePartialValuationAllowance
10600000 USD
CY2019Q4 kwr Deferred Tax Assets Partial Valuation Allowance Net Expected Future Benefit
DeferredTaxAssetsPartialValuationAllowanceNetExpectedFutureBenefit
1300000 USD
CY2019Q4 kwr Deferred Tax Assets Operating Loss Carryforwards State And Local Based On Reversal Of Deferred Tax Liabilities
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocalBasedOnReversalOfDeferredTaxLiabilities
1300000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
4200000 USD
CY2019Q4 kwr Operating Loss Carryforwards Foreign Partial Valuation Allowance
OperatingLossCarryforwardsForeignPartialValuationAllowance
2200000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
4200000 USD
CY2019 kwr Deferred Tax Assets Operating Loss Carryforwards Foreign Expiration Period
DeferredTaxAssetsOperatingLossCarryforwardsForeignExpirationPeriod
P10Y
CY2018Q4 kwr Deferred Tax Assets Tax Credit Carryforwards Foreign Expected To Expire
DeferredTaxAssetsTaxCreditCarryforwardsForeignExpectedToExpire
33100000 USD
CY2019Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
8700000 USD
CY2019Q4 kwr Deferred Tax Assets Tax Credit Carryforwards Foreign Expected To Expire
DeferredTaxAssetsTaxCreditCarryforwardsForeignExpectedToExpire
7700000 USD
CY2019Q4 kwr Deferred Tax Assets Tax Credit Carryforwards Foreign Expected To Expire Next Five Years
DeferredTaxAssetsTaxCreditCarryforwardsForeignExpectedToExpireNextFiveYears
32700000 USD
CY2019Q4 kwr Deferred Tax Assets Acquired Disallowed Interest
DeferredTaxAssetsAcquiredDisallowedInterest
10900000 USD
CY2019Q4 kwr Valuation Allowance Amount Related To Business Combination
ValuationAllowanceAmountRelatedToBusinessCombination
13800000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
14745000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
6946000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
211094000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
10003000 USD
CY2019Q4 kwr Deferredtaxliabilityassetnet
Deferredtaxliabilityassetnet
-196349000 USD
CY2018Q4 kwr Deferredtaxliabilityassetnet
Deferredtaxliabilityassetnet
-3057000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
6070000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
17458000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
21229000 USD
CY2019 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
1743000 USD
CY2018 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
7857000 USD
CY2017 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
0 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-416000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-3118000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
18388000 USD
CY2019 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
0 USD
CY2018 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
0 USD
CY2017 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
4470000 USD
CY2019 kwr Globalintangiblelowtaxedincome
Globalintangiblelowtaxedincome
0 USD
CY2018 kwr Globalintangiblelowtaxedincome
Globalintangiblelowtaxedincome
1211000 USD
CY2017 kwr Globalintangiblelowtaxedincome
Globalintangiblelowtaxedincome
0 USD
CY2019 kwr Foreignderivedintangibleincome
Foreignderivedintangibleincome
-2380000 USD
CY2018 kwr Foreignderivedintangibleincome
Foreignderivedintangibleincome
-1034000 USD
CY2017 kwr Foreignderivedintangibleincome
Foreignderivedintangibleincome
0 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1970000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
1019000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
4779000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-540000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
259000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-1419000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
920000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1081000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-2663000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
0 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
0 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
2761000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
385000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
230000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits Research
IncomeTaxReconciliationTaxCreditsResearch
235000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
899000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-79000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-651000 USD
CY2019 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2018 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
0 USD
CY2017 us-gaap Income Tax Reconciliation Deductions Qualified Production Activities
IncomeTaxReconciliationDeductionsQualifiedProductionActivities
1155000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-117000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
196000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
569000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
318000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
415000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
248000 USD
CY2019 kwr Effective Income Tax Rate Reconciliation Tax Credit Transfer Of Intellectual Property
EffectiveIncomeTaxRateReconciliationTaxCreditTransferOfIntellectualProperty
-5318000 USD
CY2018 kwr Effective Income Tax Rate Reconciliation Tax Credit Transfer Of Intellectual Property
EffectiveIncomeTaxRateReconciliationTaxCreditTransferOfIntellectualProperty
0 USD
CY2017 kwr Effective Income Tax Rate Reconciliation Tax Credit Transfer Of Intellectual Property
EffectiveIncomeTaxRateReconciliationTaxCreditTransferOfIntellectualProperty
0 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-680000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
15000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
854000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2084000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25050000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41653000 USD
CY2019Q4 us-gaap Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Liability
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsLiability
15500000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
8200000 USD
CY2019Q4 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Undistributed Accumulated Earnings Of Foreign Subsidiary
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalUndistributedAccumulatedEarningsOfForeignSubsidiary
255300000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19100000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
200000 USD
CY2018 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
100000 USD
CY2017 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
200000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7050000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6761000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6240000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
28000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
183000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
308000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1935000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2023000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2347000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1029000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1292000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
2116000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
11301000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
132000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
259000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsIncreasesResultingFromForeignCurrencyTranslation
598000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19097000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
7050000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6761000 USD
CY2019Q4 kwr Unrecognized Tax Benefits If Recognized
UnrecognizedTaxBenefitsIfRecognized
13300000 USD
CY2018Q4 kwr Unrecognized Tax Benefits If Recognized
UnrecognizedTaxBenefitsIfRecognized
2200000 USD
CY2017Q4 kwr Unrecognized Tax Benefits If Recognized
UnrecognizedTaxBenefitsIfRecognized
2200000 USD
CY2019Q4 kwr Unrecognized Tax Benefits Reserve
UnrecognizedTaxBenefitsReserve
4000000.0 USD
CY2019 us-gaap Business Combination Indemnification Assets Description
BusinessCombinationIndemnificationAssetsDescription
Since these amounts relate to tax periods prior to the combination, the Company expects that it would file an indemnification claim with Houghton’s former owners for any tax liabilities arising pre-Combination. As a result, a corresponding $4.0 million indemnification receivable has also been established through purchase accounting that would offset the $4.0 million in tax liabilities also booked through purchase accounting.
CY2019Q4 us-gaap Fdic Indemnification Asset
FDICIndemnificationAsset
4000000.0 USD
CY2019Q4 kwr Offset In Tax Liabilities Through Purchase Accounting
OffsetInTaxLiabilitiesThroughPurchaseAccounting
4000000.0 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
31622000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
20278000 USD
CY2019 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
90000 USD
CY2017 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
137000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31532000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20141000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15126928 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13268047 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13204872 shares
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.08
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
4.46
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.53
CY2019 us-gaap Net Income Loss
NetIncomeLoss
31622000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
20278000 USD
CY2019 kwr Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
90000 USD
CY2018 kwr Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
252000 USD
CY2017 kwr Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
Undistributedearningsallocatedtoparticipatingsecuritiesdiluted
137000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
31532000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
59221000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
20141000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15126928 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13268047 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13204872 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
36243 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
36685 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15163171 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13304732 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13245946 shares
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.08
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
4.45
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.52
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
213469000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
83923000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
123524000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
104147000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
143555000 USD
CY2019 us-gaap Loss Contingency Settlement Agreement Terms
LossContingencySettlementAgreementTerms
The Company has restricted cash recorded in other assets related to proceeds from an inactive subsidiary of the Company which previously executed separate settlement and release agreements with two of its insurance carriers for an original total value of $35.0 million. 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. The proceeds of the settlement and release agreements have been deposited into interest bearing accounts which earned $0.2 million in both the years ended December 31, 2019 and 2018, offset by $0.8 million and $1.1 million of net payments during 2019 and 2018, respectively
CY2019 kwr Proceeds Of Settlement And Release Agreements
ProceedsOfSettlementAndReleaseAgreements
200000 USD
CY2018 kwr Proceeds Of Settlement And Release Agreements
ProceedsOfSettlementAndReleaseAgreements
200000 USD
CY2019 kwr Payments Of Settlement And Release Agreements
PaymentsOfSettlementAndReleaseAgreements
800000 USD
CY2018 kwr Payments Of Settlement And Release Agreements
PaymentsOfSettlementAndReleaseAgreements
1100000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
88818000 USD
CY2019Q4 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
353000 USD
CY2018Q4 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
0 USD
CY2017Q4 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
0 USD
CY2016Q4 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
0 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
19678000 USD
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
20278000 USD
CY2017Q4 us-gaap Restricted Cash
RestrictedCash
21171000 USD
CY2016Q4 us-gaap Restricted Cash
RestrictedCash
21883000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
124425000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111050000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
110701000 USD
CY2019Q4 us-gaap Business Combination Acquired Receivables Estimated Uncollectible
BusinessCombinationAcquiredReceivablesEstimatedUncollectible
5000000.0 USD
CY2018 kwr Reclassification Of Allowance For Doubtful Accounts Other Assets
ReclassificationOfAllowanceForDoubtfulAccountsOtherAssets
300000 USD
CY2019 us-gaap Long Lived Assets Held For Sale Description
LongLivedAssetsHeldForSaleDescription
In connection with the Combination, $2.3 million of initial fair value assigned to certain PP&E was reclassified to prepaid expenses and other current assets as of December 31, 2019 as it is currently held-for-sale.
CY2018Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
45956000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
174950000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
82058000 USD
CY2018Q4 us-gaap Inventory Raw Materials And Supplies Net Of Reserves
InventoryRawMaterialsAndSuppliesNetOfReserves
48134000 USD
CY2019Q4 us-gaap Inventory Finished Goods And Work In Process Net Of Reserves
InventoryFinishedGoodsAndWorkInProcessNetOfReserves
92892000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
94090000 USD
CY2019Q4 us-gaap Land
Land
34686000 USD
CY2018Q4 us-gaap Land
Land
10170000 USD
CY2019Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
130462000 USD
CY2018Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
84980000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
225636000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
151180000 USD
CY2019Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
8050000 USD
CY2018Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
7907000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
398834000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
254237000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
185365000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
170314000 USD
CY2018Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
1100000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
93800000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-2701000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
83333000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
524297000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-425000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
607205000 USD
CY2019Q4 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
792362000 USD
CY2018Q4 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
74989000 USD
CY2019Q4 kwr Finite Lived Trademarks Formulations And Product Technology Gross
FiniteLivedTrademarksFormulationsAndProductTechnologyGross
157049000 USD
CY2018Q4 kwr Finite Lived Trademarks Formulations And Product Technology Gross
FiniteLivedTrademarksFormulationsAndProductTechnologyGross
33275000 USD
CY2019Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
6261000 USD
CY2018Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
5840000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
955672000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
114104000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
77007000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
51622000 USD
CY2019 us-gaap Adjustment For Amortization
AdjustmentForAmortization
26700000 USD
CY2018 us-gaap Adjustment For Amortization
AdjustmentForAmortization
7300000 USD
CY2017 us-gaap Adjustment For Amortization
AdjustmentForAmortization
7400000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
55977000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
55630000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
55476000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
55259000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
54728000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
243100000 USD
CY2019Q4 us-gaap Indefinite Lived Trademarks
IndefiniteLivedTrademarks
242000000.0 USD
CY2019 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5064000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1763000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3285000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
19678000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
20278000 USD
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
7571000 USD
CY2018Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
0 USD
CY2019Q4 us-gaap Business Combination Indemnification Assets Amount As Of Acquisition Date
BusinessCombinationIndemnificationAssetsAmountAsOfAcquisitionDate
4006000 USD
CY2018Q4 us-gaap Business Combination Indemnification Assets Amount As Of Acquisition Date
BusinessCombinationIndemnificationAssetsAmountAsOfAcquisitionDate
0 USD
CY2019Q4 kwr Uncertaintaxpositionassetsnoncurrent
Uncertaintaxpositionassetsnoncurrent
4993000 USD
CY2018Q4 kwr Uncertaintaxpositionassetsnoncurrent
Uncertaintaxpositionassetsnoncurrent
4861000 USD
CY2019Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
1782000 USD
CY2018Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
1491000 USD
CY2019Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
0 USD
CY2018Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
3656000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
2403000 USD
CY2018Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1769000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
40433000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
32055000 USD
CY2018Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
0 USD
CY2019Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
994000 USD
CY2019Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
11220000 USD
CY2018Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
3831000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
7503000 USD
CY2018Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1358000 USD
CY2018Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
1067000 USD
CY2019Q4 us-gaap Accrued Environmental Loss Contingencies Current
AccruedEnvironmentalLossContingenciesCurrent
734000 USD
CY2019Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
21176000 USD
CY2018Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
AccrualForTaxesOtherThanIncomeTaxesCurrent
8462000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11177000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
6646000 USD
CY2018Q4 us-gaap Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
3582000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
5554000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2187000 USD
CY2019Q4 kwr Accruedfreightcostscurrent
Accruedfreightcostscurrent
4704000 USD
CY2018Q4 kwr Accruedfreightcostscurrent
Accruedfreightcostscurrent
2188000 USD
CY2019Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
3521000 USD
CY2018Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
0 USD
CY2019Q4 us-gaap Loss Contingency Accrual Carrying Value Current
LossContingencyAccrualCarryingValueCurrent
2362000 USD
CY2018Q4 us-gaap Accrued Rent Current
AccruedRentCurrent
763000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
855000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
4340000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
7159000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
3330000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
83605000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
31108000 USD
CY2018Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
6886000 USD
CY2019Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
934965000 USD
CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
36604000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
14196000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
0 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
38332000 USD
CY2018Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
670000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
882437000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
35934000 USD
CY2019 us-gaap Subsequent Event Description
SubsequentEventDescription
On March 17, 2020, the Company, the administrative agent, and certain other parties entered into an amendment (the “Amendment”) to the New Credit Facility. The New Credit Facility requires the Company to deliver to the administrative agent and each lender the audited consolidated financial statements of the Company at the end of each fiscal year. Without having obtained the Amendment, failing to observe this financial statements covenant by March 17, 2020 with respect to the Company’s financial statements for 2019 would have been an event of default under the New Credit Facility, thereby entitling the administrative agent and the lenders to accelerate the payment of the unpaid principal amount of all outstanding loans and all interest accrued and unpaid thereon, among other remedies. The Amendment extends the delivery dates for the foregoing financial statements to April 16, 2020.
CY2019 us-gaap Subsequent Events Date
SubsequentEventsDate
2020-03-17
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
38686000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
38007000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
56661000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
75414000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
716021000 USD
CY2019 us-gaap Interest Expense Debt
InterestExpenseDebt
16788000 USD
CY2018 us-gaap Interest Expense Debt
InterestExpenseDebt
6158000 USD
CY2017 us-gaap Interest Expense Debt
InterestExpenseDebt
3892000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1979000 USD
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
70000 USD
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
241000 USD
CY2019 us-gaap Interest And Debt Expense
InterestAndDebtExpense
18767000 USD
CY2018 us-gaap Interest And Debt Expense
InterestAndDebtExpense
6228000 USD
CY2017 us-gaap Interest And Debt Expense
InterestAndDebtExpense
4133000 USD
CY2019Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.0590 pure
CY2018Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedNextFiscalYear
0.0620 pure
CY2019Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.0450 pure
CY2018Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.0450 pure
CY2019 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2037
CY2018 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearHealthCareCostTrendRateReachesUltimateTrendRate
2037
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
11000 USD
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
10000 USD
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
311000 USD
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
272000 USD
CY2019 kwr Pooled Separate Account Percentage
PooledSeparateAccountPercentage
As of December 31, 2019, the U.S. pension plan pooled separate accounts included approximately 60 percent of investments in equity securities and 40 percent of investments in fixed income securities.
CY2019 us-gaap Defined Benefit Plans General Information
DefinedBenefitPlansGeneralInformation
As of December 31, 2019, the diversified investment funds included approximately 65 percent of investments in equity securities, 24 percent of investments in fixed income securities, and 11 percent of other alternative investments.
CY2019Q4 kwr Defined Benefit Plan Fair Value Of Plan Assets Excluding Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsExcludingAssetsMeasuredAtNetAssetValue
222399000 USD
CY2019Q4 kwr Defined Benefit Plan Fair Value Of Plan Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsMeasuredAtNetAssetValue
93250000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
315649000 USD
CY2018Q4 kwr Defined Benefit Plan Fair Value Of Plan Assets Excluding Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsExcludingAssetsMeasuredAtNetAssetValue
93273000 USD
CY2018Q4 kwr Defined Benefit Plan Fair Value Of Plan Assets Measured At Net Asset Value
DefinedBenefitPlanFairValueOfPlanAssetsMeasuredAtNetAssetValue
50968000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
144241000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
1298000 USD
CY2018Q4 us-gaap Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
624000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-87407000 USD
CY2019 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 Legacy Quaker 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 Legacy Quaker U.S. Pension Plan for this cash out offering exceeded the service and interest cost components of the Legacy Quaker 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.
CY2019 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 U.S. 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.
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4000000.0 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3100000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2900000 USD
CY2019Q4 kwr Restricted Insurance Settlements
RestrictedInsuranceSettlements
19678000 USD
CY2018Q4 kwr Restricted Insurance Settlements
RestrictedInsuranceSettlements
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CY2019Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
8500000 USD
CY2018Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
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CY2019Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
24609000 USD
CY2018Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
8097000 USD
CY2019Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
415000 USD
CY2018Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
0 USD
CY2019Q4 us-gaap Accrual For Environmental Loss Contingencies
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5259000 USD
CY2018Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
0 USD
CY2019Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
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6625000 USD
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CY2019Q4 us-gaap Other Liabilities Noncurrent
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CY2018Q4 us-gaap Other Liabilities Noncurrent
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CY2019Q4 us-gaap Common Stock Shares Authorized
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CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
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1
CY2019Q4 us-gaap Common Stock Shares Issued
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CY2018Q4 us-gaap Common Stock Shares Issued
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CY2019Q4 us-gaap Preferred Stock Shares Authorized
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CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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1
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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2660000 USD
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CY2018 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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3520000 USD
CY2018 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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CY2019 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
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CY2019Q4 kwr Cash Surrender Value Company Owned Life Insurance Fair Value Disclosure
CashSurrenderValueCompanyOwnedLifeInsuranceFairValueDisclosure
1782000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
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CY2018Q4 kwr Cash Surrender Value Company Owned Life Insurance Fair Value Disclosure
CashSurrenderValueCompanyOwnedLifeInsuranceFairValueDisclosure
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CY2018Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1491000 USD
CY2019 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
415000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
0 USD
CY2019 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
320000 USD
CY2018 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
0 USD
CY2019Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
391294000 USD
CY2019Q1 us-gaap Gross Profit
GrossProfit
75767000 USD
CY2019Q2 us-gaap Gross Profit
GrossProfit
75161000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
105057000 USD
CY2019Q4 us-gaap Gross Profit
GrossProfit
136132000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
19829000 USD
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.17
CY2019 us-gaap Loss Contingency Actions Taken By Defendant
LossContingencyActionsTakenByDefendant
The Company continually evaluates its obligations related to such matters, and based on historical costs incurred and projected costs to be incurred over the next 28 years, has estimated the present value range of costs for all of the Houghton environmental matters, on a discounted basis, to be between approximately $6 million and $7 million as of December 31, 2019, for which $6.6 million is accrued within other accrued liabilities and other non-current liabilities on the Company’s Consolidated Balance Sheet as of December 31, 2019.Houghton’s Sao Paulo, Brazil site was required under Brazilian environmental, health and safety regulations to perform an environmental assessment as part of a permit renewal process. Initial investigations identified soil and ground water contamination in select areas of the site. The site has conducted a multi-year soil and groundwater investigation and corresponding risk assessments based on the result of the investigations. In 2017, the site had to submit a new 5-year permit renewal request and was asked to complete additional investigations to further delineate the site based on review of the technical data by the local regulatory agency, Companhia Ambiental do Estado de São Paulo (“CETESB”). Based on review of the updated investigation data, CETESB issued a Technical Opinion regarding the investigation and remedial actions taken to date. The site developed an action plan and submitted it to CETESB in 2018 based on CETESB requirements. The site intervention plan primarily requires the site, amongst other actions, to conduct periodic monitoring for methane in soil vapors, source zone delineation, groundwater plume delineation, bedrock aquifer assessment, update the human health risk assessment, develop a current site conceptual model and conduct a remedial feasibility study and provide a revised intervention plan. In December 2019, the site submitted a report on the activities completed including the revised site conceptual model and results of the remedial feasibility study and recommended remedial strategy for the site.
CY2019Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
200000 USD
CY2018Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
200000 USD
CY2019Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211210000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
205869000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
325130000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
20531000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-14502000 USD
CY2019Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
20276000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
13844000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
15591000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-13053000 USD
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
15240000 USD
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.04
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.80
CY2019Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.86
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.03
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.17
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.80
CY2019Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.86
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
212055000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
221962000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
222022000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
211481000 USD
CY2018Q3 us-gaap Gross Profit
GrossProfit
81093000 USD
CY2018Q4 us-gaap Gross Profit
GrossProfit
74838000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
20231000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
22563000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
24919000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
20068000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
12732000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
19246000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
19690000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
7805000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.96
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.44
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.48
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.95
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.44
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.47
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58

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