2020 Q4 Form 10-Q Financial Statement

#000008136220000011 Filed on November 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $385.9M $367.2M $325.1M
YoY Change -1.38% 12.95% 46.44%
Cost Of Revenue $243.8M $227.0M $220.1M
YoY Change -4.47% 3.16% 56.16%
Gross Profit $142.0M $140.2M $105.1M
YoY Change 4.31% 33.44% 29.55%
Gross Profit Margin 36.8% 38.18% 32.31%
Selling, General & Admin $98.30M $97.00M $80.81M
YoY Change -3.15% 20.03% 51.7%
% of Gross Profit 69.23% 69.19% 76.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.40M $20.70M $17.80M
YoY Change -2.86% 16.29% 263.27%
% of Gross Profit 14.37% 14.77% 16.94%
Operating Expenses $98.30M $97.10M $80.81M
YoY Change -3.15% 20.16% 51.7%
Operating Profit $43.70M $34.86M -$14.50M
YoY Change 115.53% -340.37% -158.2%
Interest Expense -$7.500M $7.145M $6.553M
YoY Change -17.58% 9.03% 333.97%
% of Operating Profit -17.16% 20.5%
Other Income/Expense, Net $20.60M -$239.0K $203.0K
YoY Change -217.73% -138.81%
Pretax Income $47.00M $27.78M -$20.40M
YoY Change 327.27% -236.18% -187.16%
Income Tax $2.300M $2.245M -$5.633M
% Of Pretax Income 4.89% 8.08%
Net Earnings $48.50M $27.30M -$13.05M
YoY Change 218.24% -309.18% -166.29%
Net Earnings / Revenue 12.57% 7.44% -4.01%
Basic Earnings Per Share $1.53 -$0.80
Diluted Earnings Per Share $2.709M $1.53 -$0.80
COMMON SHARES
Basic Shares Outstanding 17.83M shares 17.74M shares 16.19M shares
Diluted Shares Outstanding 17.80M shares 16.19M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $181.8M $155.8M $128.2M
YoY Change 47.21% 21.53% 28.46%
Cash & Equivalents $181.8M $155.8M $128.2M
Short-Term Investments
Other Short-Term Assets $50.20M $52.60M $51.30M
YoY Change 20.96% 2.53% 194.83%
Inventory $187.8M $171.3M $174.4M
Prepaid Expenses
Receivables $373.0M $338.9M $370.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $792.7M $718.6M $724.6M
YoY Change 10.72% -0.83% 69.32%
LONG-TERM ASSETS
Property, Plant & Equipment $203.9M $227.7M $204.1M
YoY Change -4.49% 11.56% 148.44%
Goodwill $631.2M $612.1M $557.3M
YoY Change 3.95% 9.84% 565.9%
Intangibles $1.286B $1.045B $1.307B
YoY Change -5.74% -20.05% 1850.62%
Long-Term Investments $95.79M $92.16M $91.94M
YoY Change 2.09% 0.25% 309.14%
Other Assets $31.80M $44.53M $43.31M
YoY Change -21.36% 2.81% 35.08%
Total Long-Term Assets $2.099B $2.035B $2.000B
YoY Change -1.65% 1.73% 563.61%
TOTAL ASSETS
Total Short-Term Assets $792.7M $718.6M $724.6M
Total Long-Term Assets $2.099B $2.035B $2.000B
Total Assets $2.892B $2.753B $2.724B
YoY Change 1.46% 1.05% 273.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $191.8M $165.6M $173.7M
YoY Change 16.89% -4.69% 80.86%
Accrued Expenses $92.11M $57.10M $70.10M
YoY Change 10.17% -18.54% 190.87%
Deferred Revenue $6.380M
YoY Change 14.87%
Short-Term Debt $38.97M $0.00 $0.00
YoY Change 1.66%
Long-Term Debt Due $39.00M $38.60M $36.50M
YoY Change 1.83% 5.75% 540.35%
Total Short-Term Liabilities $383.0M $337.1M $345.8M
YoY Change 6.4% -2.5% 119.8%
LONG-TERM LIABILITIES
Long-Term Debt $849.1M $846.1M $826.5M
YoY Change -3.78% 2.37% 1663.21%
Other Long-Term Liabilities $55.17M $126.0M $111.9M
YoY Change -16.89% 12.69% 34.88%
Total Long-Term Liabilities $904.2M $972.1M $938.4M
YoY Change -4.7% 3.6% 622.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $383.0M $337.1M $345.8M
Total Long-Term Liabilities $904.2M $972.1M $938.4M
Total Liabilities $1.571B $1.527B $1.521B
YoY Change -2.3% 0.38% 412.74%
SHAREHOLDERS EQUITY
Retained Earnings $423.9M $382.5M $404.6M
YoY Change 2.65% -5.45% 0.58%
Common Stock $923.0M $918.4M $903.5M
YoY Change 1.88% 1.65% 725.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.320B $1.226B $1.202B
YoY Change
Total Liabilities & Shareholders Equity $2.892B $2.753B $2.724B
YoY Change 1.46% 1.05% 273.58%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $48.50M $27.30M -$13.05M
YoY Change 218.24% -309.18% -166.29%
Depreciation, Depletion And Amortization $20.40M $20.70M $17.80M
YoY Change -2.86% 16.29% 263.27%
Cash From Operating Activities $66.40M $67.30M $13.10M
YoY Change 41.58% 413.74% -58.01%
INVESTING ACTIVITIES
Capital Expenditures -$5.700M -$4.700M -$4.600M
YoY Change 5.56% 2.17% 43.75%
Acquisitions
YoY Change
Other Investing Activities -$50.40M $0.00 -$797.5M
YoY Change -47.11% -100.0% -398850.0%
Cash From Investing Activities -$56.10M -$4.700M -$802.1M
YoY Change -44.29% -99.41% 26636.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.20M -233.8M 833.7M
YoY Change -122.32% -128.04% -5343.4%
NET CHANGE
Cash From Operating Activities 66.40M 67.30M 13.10M
Cash From Investing Activities -56.10M -4.700M -802.1M
Cash From Financing Activities -10.20M -233.8M 833.7M
Net Change In Cash 100.0K -171.2M 44.70M
YoY Change -101.23% -483.0% 263.41%
FREE CASH FLOW
Cash From Operating Activities $66.40M $67.30M $13.10M
Capital Expenditures -$5.700M -$4.700M -$4.600M
Free Cash Flow $72.10M $72.00M $17.70M
YoY Change 37.86% 306.78% -48.55%

Facts In Submission

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CY2020Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2020Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17830541 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17735162 shares
CY2020Q3 us-gaap Common Stock Value
CommonStockValue
17831000 USD
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
17735000 USD
CY2020Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
900602000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
888218000 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
382521000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
412979000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-75010000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-78170000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
1225944000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1240762000 USD
CY2020Q3 us-gaap Minority Interest
MinorityInterest
487000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
1604000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1226431000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1242366000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2753188000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2850316000 USD
us-gaap Profit Loss
ProfitLoss
-8724000 USD
us-gaap Profit Loss
ProfitLoss
16568000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3562000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
792000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
62818000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23868000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-1415000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
129000 USD
us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory
229000 USD
us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Inventory
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentInventory
10214000 USD
kwr Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
-30657000 USD
kwr Increase Decrease In Deferred Compensation And Other Net
IncreaseDecreaseInDeferredCompensationAndOtherNet
-17204000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
17820000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3042000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-105000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
111000 USD
us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
818000 USD
us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
624000 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
38000000 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
kwr Combination Related Expenses Net Of Payments
CombinationRelatedExpensesNetOfPayments
2498000 USD
kwr Combination Related Expenses Net Of Payments
CombinationRelatedExpensesNetOfPayments
-14218000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
16219000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
434000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-30225000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-2655000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2137000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1376000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
113000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10931000 USD
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-12772000 USD
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-4645000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-13481000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
344000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
112048000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
35476000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
12184000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10112000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3132000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
798064000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
75000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
41000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
185000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15264000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-807916000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
28132000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
750000000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-16485000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
85966000 USD
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-527000 USD
us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
415000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
23747000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
20520000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
15003000 USD
us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
2385000 USD
us-gaap Proceeds From Repurchase Of Equity
ProceedsFromRepurchaseOfEquity
733000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
1047000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-1047000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
751000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-65077000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
798364000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-529000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
22786000 USD
kwr Nonoperating Charges
NonoperatingCharges
110282000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
41547000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
25858000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-389000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-22109000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-19863000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-1889000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31178000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
24035000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
143555000 USD
CY2020Q3 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 pure
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
124425000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
174733000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
148460000 USD
CY2020Q1 us-gaap Inventory Gross
InventoryGross
700000 USD
CY2020Q3 kwr Inflationary Percentage
InflationaryPercentage
1 pure
CY2020Q3 us-gaap Amount Recognized In Income Due To Inflationary Accounting
AmountRecognizedInIncomeDueToInflationaryAccounting
-200000 USD
us-gaap Amount Recognized In Income Due To Inflationary Accounting
AmountRecognizedInIncomeDueToInflationaryAccounting
-300000 USD
CY2019Q3 us-gaap Amount Recognized In Income Due To Inflationary Accounting
AmountRecognizedInIncomeDueToInflationaryAccounting
-700000 USD
us-gaap Amount Recognized In Income Due To Inflationary Accounting
AmountRecognizedInIncomeDueToInflationaryAccounting
-900000 USD
CY2020Q3 us-gaap Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
6900000 USD
us-gaap Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
23400000 USD
CY2019Q3 us-gaap Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
15100000 USD
us-gaap Business Combination Separately Recognized Transactions Additional Disclosures Acquisition Cost Expensed
BusinessCombinationSeparatelyRecognizedTransactionsAdditionalDisclosuresAcquisitionCostExpensed
25900000 USD
kwr Accelerateddepreciationincludedinbusinesscombinationtransactionexpenses
Accelerateddepreciationincludedinbusinesscombinationtransactionexpenses
800000 USD
CY2019Q3 kwr Tickingfeesincludedinbusinesscombinationtransactionexpenses
Tickingfeesincludedinbusinesscombinationtransactionexpenses
400000 USD
kwr Tickingfeesincludedinbusinesscombinationtransactionexpenses
Tickingfeesincludedinbusinesscombinationtransactionexpenses
2100000 USD
CY2020Q3 us-gaap Business Combination Separately Recognized Transactions Liabilities Recognized
BusinessCombinationSeparatelyRecognizedTransactionsLiabilitiesRecognized
9100000 USD
CY2019Q4 us-gaap Business Combination Separately Recognized Transactions Liabilities Recognized
BusinessCombinationSeparatelyRecognizedTransactionsLiabilitiesRecognized
6600000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
12770000 USD
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
34859000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-14502000 USD
CY2020Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-239000 USD
CY2019Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
203000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
367224000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
325130000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1031825000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
742209000 USD
CY2020Q3 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
97003000 USD
CY2019Q3 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
72717000 USD
kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
241079000 USD
kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
165297000 USD
CY2020Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
6913000 USD
CY2019Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
14702000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
23789000 USD
CY2020Q3 us-gaap Restructuring Charges
RestructuringCharges
1383000 USD
CY2019Q3 us-gaap Restructuring Charges
RestructuringCharges
24045000 USD
us-gaap Restructuring Charges
RestructuringCharges
3585000 USD
us-gaap Restructuring Charges
RestructuringCharges
24045000 USD
CY2020Q3 kwr Fair Value Step Up Of Houghton Inventory Sold
FairValueStepUpOfHoughtonInventorySold
0 USD
CY2019Q3 kwr Fair Value Step Up Of Houghton Inventory Sold
FairValueStepUpOfHoughtonInventorySold
10214000 USD
kwr Fair Value Step Up Of Houghton Inventory Sold
FairValueStepUpOfHoughtonInventorySold
226000 USD
kwr Fair Value Step Up Of Houghton Inventory Sold
FairValueStepUpOfHoughtonInventorySold
10214000 USD
CY2020Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2019Q3 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
38000000 USD
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2020Q3 kwr Nonoperating Charges
NonoperatingCharges
39786000 USD
CY2019Q3 kwr Nonoperating Charges
NonoperatingCharges
29203000 USD
kwr Nonoperating Charges
NonoperatingCharges
68621000 USD
CY2020Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
14062000 USD
CY2019Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
9055000 USD
CY2020Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-6837000 USD
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-6102000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-7611000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
27783000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-20401000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
17858000 USD
CY2020Q3 kwr Net Reporting Amount
NetReportingAmount
11100000 USD
kwr Net Reporting Amount
NetReportingAmount
29900000 USD
CY2019Q3 kwr Net Reporting Amount
NetReportingAmount
13600000 USD
kwr Net Reporting Amount
NetReportingAmount
34400000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17820000 USD
kwr Pension And Post Retirement Benefit Costs Nonservice Components
PensionAndPostRetirementBenefitCostsNonserviceComponents
22491000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-389000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2020Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 USD
CY2020Q3 us-gaap Deferred Revenue
DeferredRevenue
3600000 USD
CY2019Q4 us-gaap Deferred Revenue
DeferredRevenue
2200000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
367224000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
367224000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
325130000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1031825000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1031825000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
742209000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
742209000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
3700000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
10600000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
2500000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
6000000.0 USD
CY2020Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
200000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
1100000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
500000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
800000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
0 USD
CY2020Q3 us-gaap Variable Lease Cost
VariableLeaseCost
0 USD
us-gaap Variable Lease Cost
VariableLeaseCost
0 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
0 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
10500000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
5900000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6100000 USD
CY2020Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11185000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
11177000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
28061000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
39781000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
42905000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
31273000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
39246000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
42450000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M12D
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
4.21 pure
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
4.21 pure
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
4689000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
11584000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8019000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5912000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4387000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
11583000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
46174000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6928000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
39246000 USD
us-gaap Restructuring And Related Cost Description
RestructuringAndRelatedCostDescription
As previously disclosed in its 2019 Form 10-K, in the third quarter of 2019, the Company’s management approved a global restructuring plan (the “QH Program”) as part of its plan to realize certain cost synergies associated with the Combination. The QH Program includes restructuring and associated severance costs to reduce total headcount by approximately 350 people globally, as well as plans for the closure of certain manufacturing and non-manufacturing facilities. The exact timing and total costs associated with the QH Program will depend on a number of factors and is subject to change; however, the Company currently expects reduction in headcount and site closures to continue to occur during 2020 and into 2021 under the QH Program and estimates that anticipated cost synergies realized from the QH Program will approximate one-times the restructuring costs incurred. Employee separation benefits will vary depending on local regulations within certain foreign countries and will include severance and other benefits.
us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
350 People
us-gaap Net Income Loss
NetIncomeLoss
-8812000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-44000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8768000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17704662 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.50
us-gaap Net Income Loss
NetIncomeLoss
-8812000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-44000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-8768000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17704662 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
12800000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1370000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3042000 USD
CY2020Q3 kwr Definedcontributionplanemployermatchingcontributionpercentmaximum
Definedcontributionplanemployermatchingcontributionpercentmaximum
0.03 pure
us-gaap Defined Benefit Plan Description Of Nature Of Event Resulting In Special Or Contractual Termination Benefits Recognized During Period
DefinedBenefitPlanDescriptionOfNatureOfEventResultingInSpecialOrContractualTerminationBenefitsRecognizedDuringPeriod
In the fourth quarter of 2018, the Company began the process of terminating its Legacy Quaker non-contributory U.S. pension plan (“Legacy Quaker U.S. Pension Plan”). During the third quarter of 2019, the Company received a favorable termination determination letter from the Internal Revenue Service (“I.R.S.”) and amended the Legacy Quaker U.S. Pension Plan to comply with final regulations of the Internal Revenue Code. The Company completed the Legacy Quaker U.S. Pension Plan termination during the first quarter of 2020. In order to terminate the Legacy Quaker U.S. Pension Plan in accordance with I.R.S. and Pension Benefit Guaranty Corporation requirements, the Company was required to fully fund the Legacy Quaker U.S. Pension Plan on a termination basis and the amount necessary to do so was approximately $1.8 million, subject to final true up adjustments. In the third quarter of 2020, the Company finalized the amount of the liability and related annuity payments and received a refund in premium of approximately $1.6 million. In addition, the Company recorded a non-cash pension settlement charge at plan termination of approximately $22.7 million. This settlement charge included the immediate recognition into expense of the related unrecognized losses within accumulated other comprehensive income (loss) (“AOCI”) on the balance sheet as of the plan termination date.
CY2020Q3 kwr Pension Premium Refund
PensionPremiumRefund
1600000 USD
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
22700000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
8200000 USD
CY2020Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
6400000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
655000 USD
CY2020Q3 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-1897000 USD
CY2019Q3 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
376000 USD
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-5000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
190000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
242000 USD
CY2020Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-24000 USD
CY2019Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
72000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
111000 USD
CY2020Q3 kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
0 USD
CY2019Q3 kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
82000 USD
kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
1047000 USD
CY2020Q3 kwr Pension And Post Retirement Benefit Costs Nonservice Components
PensionAndPostRetirementBenefitCostsNonserviceComponents
-1375000 USD
CY2019Q3 kwr Pension And Post Retirement Benefit Costs Nonservice Components
PensionAndPostRetirementBenefitCostsNonserviceComponents
513000 USD
kwr Pension And Post Retirement Benefit Costs Nonservice Components
PensionAndPostRetirementBenefitCostsNonserviceComponents
2304000 USD
CY2020Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
117000 USD
CY2019Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-56000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
436000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
107000 USD
CY2020Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-239000 USD
CY2019Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
203000 USD
kwr Pension Premium Refund
PensionPremiumRefund
1600000 USD
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1
22700000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.081 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.383 pure
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.276 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.229 pure
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
5000000.0 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
2100000 USD
us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Foreign
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign
0.15 pure
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Foreign
EffectiveIncomeTaxRateReconciliationTaxSettlementsForeign
0.25 pure
kwr Effect Of Tax Rate Change
EffectOfTaxRateChange
0.30 pure
kwr Effect Of Tax Rate Change
EffectOfTaxRateChange
0.50 pure
us-gaap Tax Credit Carryforward Description
TaxCreditCarryforwardDescription
As previously disclosed in its 2019 Form 10-K, in conjunction with the Combination, the Company acquired foreign tax credit deferred tax assets of $41.8 million expiring between 2019 and 2028. Foreign tax credits may be carried forward for 10 years. The Company analyzes the expected impact of the utilization of foreign tax credits based on projected U.S. taxable income, overall domestic loss recapture, annual limitations due to the ownership change limitations provided by the Internal Revenue Code, and enacted tax law amongst other factors.
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
41800000 USD
us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
500000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-200000 USD
us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
400000 USD
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.50
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2020Q3 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
1300000 USD
CY2020Q3 kwr Unrecognizedtaxbenefitsreserve
Unrecognizedtaxbenefitsreserve
5400000 USD
CY2020Q3 kwr Valuationallowanceamountrelatedtobusinesscombination
Valuationallowanceamountrelatedtobusinesscombination
5400000 USD
CY2020Q3 kwr Unrecognizedtaxbenefitsreserve
Unrecognizedtaxbenefitsreserve
5400000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
27304000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-13053000 USD
us-gaap Net Income Loss
NetIncomeLoss
16382000 USD
CY2020Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
113000 USD
CY2019Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-46000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
40000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16342000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17743538 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16185724 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14271121 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.53
us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
500000 USD
CY2019Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
100000 USD
us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
400000 USD
CY2019Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
100000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
100000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
2700000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
3100000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
21700000 USD
us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
2600000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
19100000 USD
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1900000 USD
us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1500000 USD
CY2020Q3 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
DecreaseInUnrecognizedTaxBenefitsIsReasonablyPossible
2300000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.80
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.15
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
27304000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-13053000 USD
us-gaap Net Income Loss
NetIncomeLoss
16382000 USD
CY2020Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
113000 USD
CY2019Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-46000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
40000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
27191000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
16342000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17743538 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16185724 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14271121 shares
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-27260000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-25403000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17704662 shares
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.53
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.80
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.14
CY2019Q3 us-gaap Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
4300000 shares
CY2019Q3 kwr Business Acquisition Equity Interest Issued Or Issuable Percentage Of Company In Shares Issued
BusinessAcquisitionEquityInterestIssuedOrIssuablePercentageOfCompanyInSharesIssued
0.245 pure
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
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.
us-gaap Loss Contingency Receivable Proceeds
LossContingencyReceivableProceeds
100000 USD
us-gaap Loss Contingency Receivable Proceeds
LossContingencyReceivableProceeds
200000 USD
us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
800000 USD
us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
600000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
155750000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
128161000 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
CY2020Q3 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
82000 USD
CY2019Q3 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
460000 USD
CY2019Q4 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
353000 USD
CY2018Q4 us-gaap Other Restricted Assets Current
OtherRestrictedAssetsCurrent
0 USD
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
18901000 USD
CY2019Q3 us-gaap Restricted Cash
RestrictedCash
19839000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
19678000 USD
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
20278000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
174733000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
148460000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
143555000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
124425000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
607205000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
531000 USD
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
4408000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
612144000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.165
us-gaap Profit Loss
ProfitLoss
-8724000 USD
CY2020Q3 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
796163000 USD
CY2019Q4 us-gaap Finite Lived Customer Lists Gross
FiniteLivedCustomerListsGross
792362000 USD
CY2020Q3 kwr Finite Lived Trademarks Formulations And Product Technology
FiniteLivedTrademarksFormulationsAndProductTechnology
156837000 USD
CY2019Q4 kwr Finite Lived Trademarks Formulations And Product Technology
FiniteLivedTrademarksFormulationsAndProductTechnology
157049000 USD
CY2020Q3 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
6288000 USD
CY2019Q4 us-gaap Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
6261000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
959288000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
955672000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
119348000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
77007000 USD
CY2020Q3 us-gaap Adjustment For Amortization
AdjustmentForAmortization
14000000.0 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
41700000 USD
CY2019Q3 us-gaap Adjustment For Amortization
AdjustmentForAmortization
9200000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
12800000 USD
CY2020Q3 kwr Finite Lived Intangible Assets Amortization Expense Current Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseCurrentFiscalYear
55447000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
55830000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
55673000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
55451000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
55025000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
54354000 USD
CY2020Q3 us-gaap Line Of Credit
LineOfCredit
155000000 USD
CY2019Q4 us-gaap Line Of Credit
LineOfCredit
171169000 USD
CY2020Q3 kwr Us Term Loan Borrowings
UsTermLoanBorrowings
577500000 USD
CY2019Q4 kwr Us Term Loan Borrowings
UsTermLoanBorrowings
600000000 USD
CY2020Q3 kwr Euro Term Loan Borrowings
EuroTermLoanBorrowings
152123000 USD
CY2019Q4 kwr Euro Term Loan Borrowings
EuroTermLoanBorrowings
151188000 USD
CY2020Q3 kwr Debtinstrumentidrb
Debtinstrumentidrb
10000000 USD
CY2019Q4 kwr Debtinstrumentidrb
Debtinstrumentidrb
10000000 USD
CY2020Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
1950000 USD
CY2019Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
2608000 USD
CY2020Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
896573000 USD
CY2019Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
934965000 USD
CY2020Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
11873000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
14196000 USD
CY2020Q3 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
38630000 USD
CY2019Q4 us-gaap Other Long Term Debt Current
OtherLongTermDebtCurrent
38332000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
846070000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
882437000 USD
us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
300000000.0 USD
us-gaap Line Of Credit Facility Covenant Terms
LineOfCreditFacilityCovenantTerms
The Company’s initial consolidated net debt to consolidated adjusted EBITDA ratio cannot exceed 4.25 to 1, with step downs in the permitted ratio over the course of the New Credit Facility. The Company’s consolidated adjusted EBITDA to interest expense ratio cannot be less than 3.0 to 1. The New Credit Facility also prohibits the payment of cash dividends if the Company is in default or if the amount of the dividend paid annually exceeds the greater of $50.0 million and 20% of consolidated adjusted EBITDA unless the ratio of consolidated net debt to consolidated adjusted EBITDA is less than 2.0 to 1, in which case there is no such limitation on amount.
us-gaap Line Of Credit Facility Covenant Compliance
LineOfCreditFacilityCovenantCompliance
As of September 30, 2020 and December 31, 2019, the Company was in compliance with all of the New Credit Facility covenants.
kwr Percentageoftermloanprincipalamortizationyeartwo
Percentageoftermloanprincipalamortizationyeartwo
0.050 pure
kwr Percentageoftermloanprincipalamortizationyearone
Percentageoftermloanprincipalamortizationyearone
0.050 pure
kwr Percentageoftermloanprincipalamortizationyearthree
Percentageoftermloanprincipalamortizationyearthree
0.075 pure
kwr Percentageoftermloanprincipalamortizationyearfourandfive
Percentageoftermloanprincipalamortizationyearfourandfive
0.100 pure
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
28100000 USD
CY2020Q3 us-gaap Derivative Variable Interest Rate
DerivativeVariableInterestRate
0.20 pure
CY2020Q3 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
170000000.0 USD
CY2020Q3 us-gaap Derivative Basis Spread On Variable Rate
DerivativeBasisSpreadOnVariableRate
0.0164 pure
CY2020Q3 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.031 pure
CY2019Q3 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
23700000 USD
CY2020Q3 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
11900000 USD
CY2019Q4 us-gaap Deferred Finance Costs Noncurrent Gross
DeferredFinanceCostsNoncurrentGross
14200000 USD
CY2020Q3 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
6300000 USD
CY2019Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
7600000 USD
CY2020Q3 kwr Industrial Development Revenue Bond
IndustrialDevelopmentRevenueBond
10000000.0 USD
us-gaap Concentration Risk Credit Risk Financial Instruments Off Balance Sheet Risk
ConcentrationRiskCreditRiskFinancialInstrumentsOffBalanceSheetRisk
In addition to the bank letters of credit described in the “Credit facilities” subsection above, the Company’s only other off-balance sheet arrangements include certain financial and other guarantees. The Company’s total bank letters of credit and guarantees outstanding as of September 30, 2020 were approximately $12 million.
CY2020Q3 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
12000000 USD
CY2020Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
5957000 USD
CY2019Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
5761000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
19621000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
8258000 USD
CY2020Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1188000 USD
CY2019Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
792000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3562000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
792000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
7145000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
6553000 USD
us-gaap Interest Expense
InterestExpense
23183000 USD
us-gaap Interest Expense
InterestExpense
9050000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1167341000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
27342000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
34271000 USD
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.395
CY2020Q3 us-gaap Dividends Common Stock
DividendsCommonStock
7048000 USD
CY2020Q3 kwr Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
4525000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1226431000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
457961000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-12981000 USD
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.385
CY2019Q3 us-gaap Dividends Common Stock
DividendsCommonStock
6826000 USD
CY2019Q3 kwr Stockissuedduringperiodvalueandadjustmentstoadditionalpaidincapitalsharebasedcompensationandexerciseofstockoptionsduetocombination
Stockissuedduringperiodvalueandadjustmentstoadditionalpaidincapitalsharebasedcompensationandexerciseofstockoptionsduetocombination
789080000 USD
CY2019Q3 kwr Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
3476000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1203450000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1242366000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3046000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
1047000 USD
us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
751000 USD
kwr Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
13187000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1226431000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
436369000 USD
us-gaap Profit Loss
ProfitLoss
16568000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.140
us-gaap Dividends Common Stock
DividendsCommonStock
16894000 USD
kwr Stockissuedduringperiodvalueandadjustmentstoadditionalpaidincapitalsharebasedcompensationandexerciseofstockoptionsduetocombination
Stockissuedduringperiodvalueandadjustmentstoadditionalpaidincapitalsharebasedcompensationandexerciseofstockoptionsduetocombination
789080000 USD
kwr Stock Issued During Period Value And Adjustments To Additional Paid In Capital Share Based Compensation And Exercise Of Stock Options
StockIssuedDuringPeriodValueAndAdjustmentsToAdditionalPaidInCapitalShareBasedCompensationAndExerciseOfStockOptions
3774000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1203450000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-109264000 USD
CY2020Q3 kwr Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
33970000 USD
CY2020Q3 kwr Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
-480000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
196000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
34254000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-75010000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
34450000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-26906000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
260000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-27166000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-106047000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-78170000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-78881000 USD
CY2019Q3 kwr Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
-27538000 USD
CY2019Q3 kwr Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
-632000 USD
kwr Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
-14930000 USD
kwr Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
-25321000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
7231000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3160000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-75010000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-80715000 USD
kwr Other Comprehensive Income Loss Before Reclassifications
OtherComprehensiveIncomeLossBeforeReclassifications
-26292000 USD
kwr Reclassifications From Accumulated Comprehensive Income Loss To Income Statement
ReclassificationsFromAccumulatedComprehensiveIncomeLossToIncomeStatement
-1957000 USD
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-24335000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
997000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-25332000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-106047000 USD
CY2020Q3 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
1803000 USD
CY2020Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1803000 USD
CY2019Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
1782000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
1782000 USD
CY2020Q3 us-gaap Derivative Liability Notional Amount
DerivativeLiabilityNotionalAmount
170000000.0 USD
CY2020Q3 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
5271000 USD
CY2019Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
415000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
4058000 USD
CY2019 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
320000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
4058000 USD
CY2019 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
320000 USD
CY2020Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
100000 USD
CY2019Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
200000 USD

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