2023 Q1 Form 10-K Financial Statement

#000008136223000014 Filed on February 23, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $500.1M $484.8M $1.944B
YoY Change 5.48% 8.45% 10.36%
Cost Of Revenue $326.7M $328.5M $1.331B
YoY Change -0.43% 6.61% 14.09%
Gross Profit $173.5M $156.3M $612.7M
YoY Change 18.74% 12.53% 3.03%
Gross Profit Margin 34.68% 32.23% 31.52%
Selling, General & Admin $119.5M $112.3M $455.4M
YoY Change 6.94% 10.5% 8.73%
% of Gross Profit 68.92% 71.88% 74.33%
Research & Development $46.00M
YoY Change 2.45%
% of Gross Profit 7.51%
Depreciation & Amortization $20.25M $19.78M $60.75M
YoY Change -0.98% -6.32% -2.92%
% of Gross Profit 11.67% 12.65% 9.92%
Operating Expenses $119.5M $112.3M $501.4M
YoY Change 6.94% 10.5% 8.12%
Operating Profit $49.93M $43.94M $52.30M
YoY Change 69.81% 18.09% -65.24%
Interest Expense -$16.57M -$15.89M $32.58M
YoY Change 128.52% 112.62% 45.92%
% of Operating Profit -33.18% -36.16% 62.29%
Other Income/Expense, Net -$2.239M $618.0K -$12.61M
YoY Change 1.5% -58.91% -166.88%
Pretax Income $34.45M -$68.05M -$4.933M
YoY Change 57.64% -376.04% -167.92%
Income Tax $9.533M $10.50M $24.93M
% Of Pretax Income 27.67%
Net Earnings $29.53M -$75.62M -$15.93M
YoY Change 49.04% -517.16% -113.13%
Net Earnings / Revenue 5.91% -15.6% -0.82%
Basic Earnings Per Share $1.64 -$0.89
Diluted Earnings Per Share $1.64 -$4.23 -$0.89
COMMON SHARES
Basic Shares Outstanding 17.95M shares 17.93M shares 17.84M shares
Diluted Shares Outstanding 17.90M shares 17.86M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $189.9M $181.0M $181.0M
YoY Change 17.53% 9.56% 9.56%
Cash & Equivalents $189.9M $181.0M $181.0M
Short-Term Investments
Other Short-Term Assets $63.19M $55.44M $55.44M
YoY Change -6.87% -7.4% -7.4%
Inventory $293.5M $284.8M $284.8M
Prepaid Expenses
Receivables $482.7M $472.9M $472.9M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.029B $994.1M $994.1M
YoY Change 4.22% 8.03% 8.03%
LONG-TERM ASSETS
Property, Plant & Equipment $203.1M $198.6M $242.4M
YoY Change 3.03% 0.54% 3.5%
Goodwill $517.2M $515.0M
YoY Change -18.03% -18.41%
Intangibles $936.3M $1.131B
YoY Change -7.57%
Long-Term Investments $90.84M $88.20M $88.23M
YoY Change 0.93% -7.43% -7.39%
Other Assets $27.92M $27.74M $38.96M
YoY Change -31.4% -10.4% -17.28%
Total Long-Term Assets $1.829B $1.827B $1.827B
YoY Change -8.95% -10.22% -10.22%
TOTAL ASSETS
Total Short-Term Assets $1.029B $994.1M $994.1M
Total Long-Term Assets $1.829B $1.827B $1.827B
Total Assets $2.858B $2.822B $2.822B
YoY Change -4.61% -4.54% -4.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $216.6M $194.0M $194.0M
YoY Change -14.68% -14.42% -14.42%
Accrued Expenses $47.75M $86.87M $88.67M
YoY Change 11.24% -9.14% -0.74%
Deferred Revenue $6.585M
YoY Change -17.33%
Short-Term Debt $19.35M $19.25M $0.00
YoY Change -68.48% -66.2%
Long-Term Debt Due $19.35M $19.25M $19.25M
YoY Change -68.48% -66.2% -66.2%
Total Short-Term Liabilities $369.4M $354.8M $354.8M
YoY Change -18.37% -17.58% -17.58%
LONG-TERM LIABILITIES
Long-Term Debt $921.6M $933.6M $933.6M
YoY Change 7.37% 11.61% 11.61%
Other Long-Term Liabilities $37.70M $38.66M $94.40M
YoY Change -68.47% -22.07% -22.58%
Total Long-Term Liabilities $959.3M $972.2M $1.028B
YoY Change 11.76% 9.73% 7.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $369.4M $354.8M $354.8M
Total Long-Term Liabilities $959.3M $972.2M $1.028B
Total Liabilities $1.542B $1.543B $1.544B
YoY Change 17.61% -1.58% -1.58%
SHAREHOLDERS EQUITY
Retained Earnings $491.6M $469.9M
YoY Change -7.01% -8.99%
Common Stock $947.7M $946.2M
YoY Change 1.18% 1.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.316B $1.278B $1.278B
YoY Change
Total Liabilities & Shareholders Equity $2.858B $2.822B $2.822B
YoY Change -4.61% -4.54% -4.54%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income $29.53M -$75.62M -$15.93M
YoY Change 49.04% -517.16% -113.13%
Depreciation, Depletion And Amortization $20.25M $19.78M $60.75M
YoY Change -0.98% -6.32% -2.92%
Cash From Operating Activities $37.78M $68.09M $41.79M
YoY Change -699.81% 46.66% -14.59%
INVESTING ACTIVITIES
Capital Expenditures $6.161M $8.309M $28.54M
YoY Change -30.36% -196.24% 33.01%
Acquisitions $0.00 $13.12M
YoY Change -100.0% -69.08%
Other Investing Activities $0.00 -$2.296M -$11.65M
YoY Change -100.0% -78.01% -57.89%
Cash From Investing Activities -$6.161M -$10.61M -$40.19M
YoY Change -66.2% -44.41% -18.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $4.703M $673.2M
YoY Change -66.67% 1671.07%
Cash From Financing Activities -$24.87M -21.89M $24.67M
YoY Change -220.96% 631.1% -283.23%
NET CHANGE
Cash From Operating Activities $37.78M 68.09M $41.79M
Cash From Investing Activities -$6.161M -10.61M -$40.19M
Cash From Financing Activities -$24.87M -21.89M $24.67M
Net Change In Cash $8.909M 35.59M $15.79M
YoY Change -324.3% 46.15% -194.43%
FREE CASH FLOW
Cash From Operating Activities $37.78M $68.09M $41.79M
Capital Expenditures $6.161M $8.309M $28.54M
Free Cash Flow $31.62M $59.78M $13.26M
YoY Change -308.77% 8.57% -51.76%

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CY2022 us-gaap Profit Loss
ProfitLoss
-15842000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-74300000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.70
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
30483000 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
-354000 usd
CY2022 us-gaap Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
11642000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1278585000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
46000000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
44900000 usd
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
40000000 usd
CY2022 kwr Income Tax Examination Minimum Likelihood Of Tax Benefits Being Realized Upon Ultimate Settlement
IncomeTaxExaminationMinimumLikelihoodOfTaxBenefitsBeingRealizedUponUltimateSettlement
0.50
CY2022 kwr Share Based Compensation Arrangement By Sharebased Payment Award Forfeiture Rate Percent
ShareBasedCompensationArrangementBySharebasedPaymentAwardForfeitureRatePercent
0.13
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications: </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain information has been reclassified to conform to the current year presentation.</span>
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Accounting estimates: </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with generally accepted accounting principles in the United States (“U.S. GAAP”)</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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>
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 segment
CY2022 kwr Number Of Geographic Segments
NumberOfGeographicSegments
3 segment
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1943585000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1761158000 usd
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1417677000 usd
CY2022 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
405824000 usd
CY2021 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
397022000 usd
CY2020 kwr Operating Income Loss Segment Reporting
OperatingIncomeLossSegmentReporting
333588000 usd
CY2022 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
8779000 usd
CY2021 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
23885000 usd
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
29790000 usd
CY2022 us-gaap Restructuring Charges
RestructuringCharges
3163000 usd
CY2021 us-gaap Restructuring Charges
RestructuringCharges
1433000 usd
CY2020 us-gaap Restructuring Charges
RestructuringCharges
5541000 usd
CY2022 kwr Fair Value Step Up Of Inventory Sold
FairValueStepUpOfInventorySold
0 usd
CY2021 kwr Fair Value Step Up Of Inventory Sold
FairValueStepUpOfInventorySold
801000 usd
CY2020 kwr Fair Value Step Up Of Inventory Sold
FairValueStepUpOfInventorySold
226000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
93000000 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
38000000 usd
CY2022 kwr Nonoperating Charges
NonoperatingCharges
187830000 usd
CY2021 kwr Nonoperating Charges
NonoperatingCharges
157864000 usd
CY2020 kwr Nonoperating Charges
NonoperatingCharges
143202000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
60748000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
62573000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
57469000 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
52304000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
150466000 usd
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
59360000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12607000 usd
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
18851000 usd
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5618000 usd
CY2022 us-gaap Interest Expense
InterestExpense
32579000 usd
CY2021 us-gaap Interest Expense
InterestExpense
22326000 usd
CY2020 us-gaap Interest Expense
InterestExpense
26603000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7118000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
146991000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
27139000 usd
CY2022Q4 us-gaap Assets
Assets
2821622000 usd
CY2021Q4 us-gaap Assets
Assets
2955760000 usd
CY2020Q4 us-gaap Assets
Assets
2891834000 usd
CY2022Q4 us-gaap Noncurrent Assets
NoncurrentAssets
358334000 usd
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
360392000 usd
CY2020Q4 us-gaap Noncurrent Assets
NoncurrentAssets
369970000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
28539000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
21457000 usd
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
17901000 usd
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2022 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
22924000 usd
CY2021 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
26649000 usd
CY2020 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
27351000 usd
CY2022 kwr Number Of Geographic Segments
NumberOfGeographicSegments
3 segment
CY2022 kwr Number Of Geographic Segments
NumberOfGeographicSegments
3 segment
CY2022 kwr Netreportingamount
Netreportingamount
83800000 usd
CY2021 kwr Netreportingamount
Netreportingamount
71700000 usd
CY2020 kwr Netreportingamount
Netreportingamount
42500000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
5700000 usd
CY2021Q4 us-gaap Deferred Revenue
DeferredRevenue
7000000 usd
CY2022 kwr Product Line As Percentage Of Consolidated Net Sales
ProductLineAsPercentageOfConsolidatedNetSales
0.10
CY2022 us-gaap Sublease Income
SubleaseIncome
0 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2020 us-gaap Sublease Income
SubleaseIncome
0 usd
CY2021 us-gaap Sublease Income
SubleaseIncome
0 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
15171000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
14061000 usd
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
14247000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
816000 usd
CY2021 us-gaap Short Term Lease Cost
ShortTermLeaseCost
861000 usd
CY2020 us-gaap Short Term Lease Cost
ShortTermLeaseCost
1308000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
19215000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
13859000 usd
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
14101000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
23356000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
11142000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
6949000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
43766000 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
36635000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12024000 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
9976000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
26967000 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
26335000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
38991000 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
36311000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y7M6D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0436
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0422
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
13551000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
11149000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
7266000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
5280000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2457000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
5299000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
45002000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
6011000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
38991000 usd
CY2022 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
400 person
CY2022Q4 us-gaap Restructuring And Related Cost Expected Number Of Positions Eliminated
RestructuringAndRelatedCostExpectedNumberOfPositionsEliminated
40 person
CY2022 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
200000 usd
CY2021 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
5400000 usd
CY2020 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-600000 usd
CY2022Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
600000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11666000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11038000 usd
CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
10996000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
109684 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
165.47
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
31914 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
222.82
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
11801 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
133.10
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
10315 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
172.41
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
119482 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
183.39
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y8M12D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
-373000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
54245 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
182.20
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P5Y6M
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
-830000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
65237 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
159.93
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y10M24D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
455000 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
800000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
2700000 usd
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
6500000 usd
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
119482 shares
CY2022 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y8M12D
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
183.39
CY2022Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
65237 shares
CY2022Q4 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
159.93
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
25250 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
49115 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
51610 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0085
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0099
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0112
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3733
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.3157
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.2629
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0060
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0036
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0152
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
75000 shares
CY2022 kwr Director Stock Ownership Percentage Threshold
DirectorStockOwnershipPercentageThreshold
4
CY2022 kwr Director Stock Ownership Plan Percentage Stock
DirectorStockOwnershipPlanPercentageStock
0.75
CY2022 kwr Director Stock Ownership Plan Percentage Cash
DirectorStockOwnershipPlanPercentageCash
0.25
CY2022 kwr Director Stock Ownership Plan Percentage Total
DirectorStockOwnershipPlanPercentageTotal
1
CY2022 kwr Director Stock Ownership Plan Percentage Total
DirectorStockOwnershipPlanPercentageTotal
1
CY2022Q4 kwr Director Retainer Annual Fee
DirectorRetainerAnnualFee
100000 usd
CY2022 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1268000 usd
CY2021 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
1367000 usd
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
999000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-9399000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-3821000 usd
CY2020 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
-6082000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
168000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
4695000 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-871000 usd
CY2022 kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
-1613000 usd
CY2021 kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
15155000 usd
CY2020 kwr Proceeds From Non Income Tax Refunds
ProceedsFromNonIncomeTaxRefunds
3345000 usd
CY2022 kwr Pension And Postretirement Benefit Income Costs Non Service Components
PensionAndPostretirementBenefitIncomeCostsNonServiceComponents
1704000 usd
CY2021 kwr Pension And Postretirement Benefit Income Costs Non Service Components
PensionAndPostretirementBenefitIncomeCostsNonServiceComponents
759000 usd
CY2020 kwr Pension And Postretirement Benefit Income Costs Non Service Components
PensionAndPostretirementBenefitIncomeCostsNonServiceComponents
-21592000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-6763000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2022 kwr Insurance Solvency Recovery
InsuranceSolvencyRecovery
1804000 usd
CY2021 kwr Insurance Solvency Recovery
InsuranceSolvencyRecovery
0 usd
CY2020 kwr Insurance Solvency Recovery
InsuranceSolvencyRecovery
18144000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
139728000 usd
CY2022 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
224000 usd
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
696000 usd
CY2020 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
439000 usd
CY2022 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2021 us-gaap Nonoperating Income Expense
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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CY2022Q4 us-gaap Long Term Debt
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CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2022 us-gaap Defined Benefit Plan Actual Return On Plan Assets
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CY2021 us-gaap Defined Benefit Plan Actual Return On Plan Assets
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CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
5861000 usd
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
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CY2022 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
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CY2021 us-gaap Defined Benefit Plan Benefit Obligation Contributions By Plan Participant
DefinedBenefitPlanBenefitObligationContributionsByPlanParticipant
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CY2022 us-gaap Defined Benefit Plan Settlements Plan Assets
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CY2021 us-gaap Defined Benefit Plan Settlements Plan Assets
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CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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CY2021 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
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CY2022 us-gaap Defined Benefit Plan Administration Expenses
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CY2021 us-gaap Defined Benefit Plan Administration Expenses
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CY2022 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
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CY2021 us-gaap Defined Benefit Plan Plan Assets Foreign Currency Translation Gain Loss
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CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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CY2022Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
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CY2021Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
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CY2020Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
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CY2022Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
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CY2021Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
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CY2020Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
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CY2022 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
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CY2021 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
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CY2020 us-gaap Defined Benefit Plan Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate
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CY2020Q3 kwr Definedbenefitplanpremiumrefund
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CY2020Q3 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
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22700000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
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CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
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CY2020 us-gaap Defined Contribution Plan Cost Recognized
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CY2022Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
20322000 usd
CY2021Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
28665000 usd
CY2022Q4 us-gaap Accrued Income Taxes Noncurrent
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8883000 usd
CY2021Q4 us-gaap Accrued Income Taxes Noncurrent
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CY2021Q4 us-gaap Accrual For Environmental Loss Contingencies
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4424000 usd
CY2022Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
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3132000 usd
CY2021Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
DeferredCompensationLiabilityClassifiedNoncurrent
4820000 usd
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
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1024000 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability
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CY2022Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
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CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
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410000 usd
CY2022Q4 us-gaap Other Sundry Liabilities Noncurrent
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CY2021Q4 us-gaap Other Sundry Liabilities Noncurrent
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CY2022Q4 us-gaap Other Liabilities Noncurrent
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CY2021Q4 us-gaap Other Liabilities Noncurrent
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CY2021Q4 us-gaap Common Stock Shares Authorized
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30000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
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CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
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CY2022Q4 us-gaap Common Stock Shares Issued
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CY2022Q4 us-gaap Common Stock Shares Issued
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CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2021Q4 us-gaap Common Stock Shares Issued
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CY2022 us-gaap Stock Issued During Period Shares Share Based Compensation
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CY2022 us-gaap Stock Issued During Period Shares Other
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CY2022Q4 us-gaap Preferred Stock Shares Authorized
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CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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1
CY2022 us-gaap Stock Issued During Period Shares Employee Stock Ownership Plan
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CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2020 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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33667000 usd
CY2020 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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23939000 usd
CY2020 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2021 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
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CY2021 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Before Tax
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CY2021 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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2746000 usd
CY2022 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2022Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
2114000 usd
CY2022Q4 us-gaap Assets Fair Value Disclosure
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2114000 usd
CY2021Q4 us-gaap Cash Surrender Value Fair Value Disclosure
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CY2021Q4 us-gaap Assets Fair Value Disclosure
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2533000 usd
CY2022 us-gaap Asset Impairment Charges
AssetImpairmentCharges
93000000 usd
CY2020 us-gaap Asset Impairment Charges
AssetImpairmentCharges
38000000 usd
CY2022Q4 kwr Percentage Of Weighted Average Cost Of Capital
PercentageOfWeightedAverageCostOfCapital
0.120
CY2022 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
0 usd
CY2021 us-gaap Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
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CY2007 kwr Percentage Of Defense And Indemnity Costs
PercentageOfDefenseAndIndemnityCosts
0.27

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