QUAKER CHEMICAL CORP
For the period ended Dec 31, 2024. Filed Feb 24, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 24, 2025
KWR$157.77+5.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Changes in Equity
(Dollars in thousands, except per share amounts)
| Commonstock | Capital inexcess ofpar value | Retainedearnings | Accumulatedothercomprehensiveloss | Noncontrollinginterest | Total | |
|---|---|---|---|---|---|---|
| Balance as of December 31, 2021 | $17,897 | $917,053 | $516,334 | $(63,990) | $628 | $1,387,922 |
| Net (loss) income | — | — | (15,931) | — | 89 | (15,842) |
| Amounts reported in other comprehensive (loss) income | — | — | — | (74,250) | (50) | (74,300) |
| Dividends declared ($1.70 per share) | — | — | (30,483) | — | — | (30,483) |
| Share issuance and equity-based compensation plans, net | 53 | 11,235 | — | — | — | 11,288 |
| Balance as of December 31, 2022 | 17,950 | 928,288 | 469,920 | (138,240) | 667 | 1,278,585 |
| Net income | — | — | 112,748 | — | 124 | 112,872 |
| Amounts reported in other comprehensive income (loss) | — | — | — | 13,825 | (19) | 13,806 |
| Dividends declared ($1.78 per share) | — | — | (32,027) | — | — | (32,027) |
| Distributions to noncontrolling interest affiliate shareholders | — | — | — | — | (169) | (169) |
| Share issuance and equity-based compensation plans, net | 42 | 11,813 | — | — | — | 11,855 |
| Balance as of December 31, 2023 | 17,992 | 940,101 | 550,641 | (124,415) | 603 | 1,384,922 |
| Net income | — | — | 116,644 | — | 85 | 116,729 |
| Amounts reported in other comprehensive (loss) income | — | — | — | (77,204) | (72) | (77,276) |
| Dividends declared ($1.88 per share) | — | — | (33,554) | — | — | (33,554) |
| Shares purchased under share repurchase program, net of excise taxes | (313) | (49,346) | — | — | — | (49,659) |
| Share issuance and equity-based compensation plans, net | (5) | 13,026 | — | — | — | 13,021 |
| Balance as of December 31, 2024 | $17,674 | $903,781 | $633,731 | $(201,619) | $616 | $1,354,183 |
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
| Page | ||
|---|---|---|
| Note 1 | Basis of Presentation and Significant Accounting Policies | 50 |
| Note 2 | Business Combinations | 55 |
| Note 3 | Recently Issued Accounting Standards | 57 |
| Note 4 | Business Segments | 57 |
| Note 5 | Net Sales and Revenue Recognition | 59 |
| Note 6 | Leases | 60 |
| Note 7 | Restructuring and Related Activities | 62 |
| Note 8 | Equity | 62 |
| Note 9 | Other Income (Expense), net | 66 |
| Note 10 | Income Taxes | 67 |
| Note 11 | Earnings Per Share | 71 |
| Note 12 | Accounts Receivable and Allowance for Credit Losses | 71 |
| Note 13 | Inventories | 71 |
| Note 14 | Property, Plant and Equipment | 72 |
| Note 15 | Goodwill and Other Intangible Assets | 72 |
| Note 16 | Investments in Associated Companies | 73 |
| Note 17 | Other Non-Current Assets | 74 |
| Note 18 | Other Accrued Liabilities | 74 |
| Note 19 | Debt | 75 |
| Note 20 | Pension and Other Postretirement Benefits | 77 |
| Note 21 | Other Non-Current Liabilities | 86 |
| Note 22 | Accumulated Other Comprehensive Loss | 86 |
| Note 23 | Fair Value Measures | 86 |
| Note 24 | Hedging Activities | 87 |
| Note 25 | Commitments and Contingencies | 88 |
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