Quaker Chemical (KWR) 10-Q 4 Aug 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Jul. 31, 2022
Document and Entity Information [Abstract]
Document Type	10-Q
Document Period Focus	Q2
Document quarterly report	true
Document Fiscal Year Focus	2022
Document period end date	Jun. 30, 2022
Current fiscal year end date	--12-31
Document Transition Report	false
Amendment flag	false
Entity File Number	001-12019
Entity registrant name	QUAKER CHEMICAL CORPORATION
Entity Incorporation State Country Code	PA
Entity Tax Identification Number	23-0993790
Entity central index key	0000081362
Entity Address Address Line	901 E. Hector Street
Entity Address City Or Town	Conshohocken
Entity Address State Or Province	PA
Entity Address Postal Zip Code	19428 – 2380
City Area Code	610
Local Phone Number	832-4000
Entity current reporting status	Yes
Entity Interactive Data Current	Yes
Entity filer category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Security 12(b) Title	Common Stock, $1 par value
Trading Symbol	KWR
Entity common stock shares outstanding		17,929,045
Security Exchange Name	NYSE

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Net sales	$ 492,388	$ 435,262	$ 966,559	$ 865,045
Cost of goods sold (excluding amortization expense - See Note 13)	342,824	280,811	670,924	554,400
Gross profit	149,564	154,451	295,635	310,645
Selling, general and administrative expenses	115,830	108,679	227,625	212,989
Restructuring and related charges	(1)	298	819	1,473
Combination, integration and other acquisition-related expenses	1,832	6,658	5,885	12,473
Operating income	31,903	38,816	61,306	83,710
Other (expense) income, net	(8,399)	14,010	(10,605)	18,697
Interest expense, net	(6,494)	(5,618)	(11,839)	(11,088)
Income before taxes and equity in net income of associated companies	17,010	47,208	38,862	91,319
Taxes on income before equity in net income of associated companies	1,374	15,218	4,240	25,907
Income before equity in net income of associated companies	15,636	31,990	34,622	65,412
Equity in net (loss) income of associated companies	(1,265)	1,610	(430)	6,820
Net income	14,371	33,600	34,192	72,232
Less: Net income attributable to noncontrolling	28	30	33	47
Net income attributable to Quaker Chemical Corporation	$ 14,343	$ 33,570	$ 34,159	$ 72,185
Per share data:
Net income attributable to Quaker Chemical Corporation common shareholders - basic	$ 0.80	$ 1.88	$ 1.91	$ 4.04
Net income attributable to Quaker Chemical Corporation common shareholders - diluted	0.80	1.88	1.91	4.03
Dividends declared	$ 0.415	$ 0.395	$ 0.830	$ 0.790

Condensed Consolidated Stateme

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement Of Comprehensive Income [Abstract]
Net income	$ 14,371	$ 33,600	$ 34,192	$ 72,232
Currency translation adjustments	(76,433)	16,165	(83,299)	(9,296)
Defined Benefit Plans [Abstract]
Defined benefit retirement plans	1,407	397	1,903	1,689
Current period change in fair value of derivatives	575	452	1,675	1,014
Unrealized (loss) gain on available-for-sale securities	(567)	279	(1,567)	(2,746)
Other comprehensive (loss) income	(75,018)	17,293	(81,288)	(9,339)
Comprehensive (loss) income	(60,647)	50,893	(47,096)	62,893
Less: Comprehensive income (loss) attributable to noncontrolling interest	5	(38)	(1)	(53)
Comprehensive (loss) income attributable to Quaker Corporation	$ (60,642)	$ 50,855	$ (47,097)	$ 62,840

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 202,348	$ 165,176
Accounts receivable, net	465,352	430,676
Inventories
Raw materials and supplies	163,055	129,382
Work-in-process and finished goods	150,387	135,149
Prepaid expenses and other current assets	64,674	59,871
Total current assets	1,045,816	920,254
Property, plant and equipment, at cost	432,068	434,344
Less accumulated depreciation	(239,571)	(236,824)
Property, plant and equipment, net	192,497	197,520
Right of use lease assets	36,317	36,635
Goodwill	610,167	631,194
Other intangible assets, net	962,580	1,027,782
Investments in associated companies	83,678	95,278
Deferred tax assets	10,897	16,138
Other non-current assets	28,804	30,959
Total assets	2,970,756	2,955,760
Current liabilities
Short-term borrowings and current portion of long-term debt	14,485	56,935
Accounts payable	246,345	226,656
Dividends payable	7,437	7,427
Accrued compensation	29,359	38,197
Accrued restructuring	3,812	4,087
Accrued pension and postretirement benefits	1,541	1,548
Other accrued liabilities	97,746	95,617
Total current liabilities	400,725	430,467
Long-term debt	972,369	836,412
Long-term lease liabilities	25,695	26,335
Deferred tax liabilities	156,468	179,025
Non-current accrued pension and postretirement benefits	42,755	45,984
Other non-current liabilities	42,178	49,615
Total liabilities	1,640,190	1,567,838
Equity
Common stock, $1 par value; authorized 30,000,000 shares; issued and outstanding 2022 - 17,919,750 shares; 2021 - 17,897,033 shares	17,920	17,897
Capital in excess of par value	921,642	917,053
Retained earnings	535,621	516,334
Accumulated other comprehensive loss	(145,246)	(63,990)
Total Quaker shareholders' equity	1,329,937	1,387,294
Noncontrolling interest	629	628
Total equity	1,330,566	1,387,922
Total liabilities and equity	$ 2,970,756	$ 2,955,760

Condensed Consolidated Balan_2

Condensed Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
Statement Of Financial Position [Abstract]
Common Stock Par Value	$ 1	$ 1
Common Stock Shares Authorized	30,000,000	30,000,000
Common Stock Shares, Issued	17,919,750	17,897,033
Common stock shares, outstanding	17,919,750	17,897,033

Condensed Consolidated State_2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities
Net income	$ 34,192	$ 72,232
Adjustments to reconcile net income to net cash used in operating activities:
Amortization of debt issuance costs	2,236	2,375
Depreciation and amortization	41,036	44,188
Equity in undistributed earnings of associated companies, net of dividends	3,400	(6,715)
Acquisition-related fair value adjustments related to inventory	0	801
Deferred compensation, deferred taxes and other, net	(10,223)	(13,849)
Share-based compensation	5,433	6,134
Loss on extinguishment of debt	5,246	0
Loss (gain) on disposal of property, plant, equipment and other assets	15	(5,356)
Combination and other acquisition-related expenses, net of payments	(3,880)	(2,305)
Restructuring and related charges	819	1,473
Pension And Other Postretirement Benefit Expense	(2,269)	(2,223)
(Decrease) increase in cash from changes in current assets and current liabilities, net of acquisitions:
Accounts receivable	(51,944)	(47,252)
Inventories	(58,427)	(57,020)
Prepaid expenses and other current assets	(5,558)	(20,111)
Change in restructuring liabilities	(797)	(4,214)
Accounts payable and accrued liabilities	32,298	22,274
Net cash used in operating activities	(8,423)	(9,568)
Cash flows from investing activities
Investments in property, plant and equipment	(15,138)	(6,974)
Payments related to acquisitions, net of cash acquired	(9,383)	(29,424)
Proceeds from disposition of assets	85	14,744
Net cash used in investing activities	(24,436)	(21,654)
Cash flows from financing activities
Payments of long-term debt	(668,500)	(19,065)
Proceeds from long-term debt	750,000	0
Borrowings on revolving credit facilities, net	16,703	29,433
Repayments on other debt, net	(155)	(219)
Financing-related debt issuance costs	(3,734)	0
Dividends paid	(14,862)	(14,113)
Stock options exercised, other	(821)	(416)
Net cash provided by (used in) financing activities	78,631	(4,380)
Effect of foreign exchange rate changes on cash	(8,600)	(683)
Net increase (decrease) in cash and cash equivalents	37,172	(36,285)
Cash and cash equivalents at the beginning of the period	165,176	181,895
Cash and cash equivalents at the end of the period	$ 202,348	$ 145,610

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Capital in Excess of Par Value [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2020	$ 1,320,914	$ 17,851	$ 905,171	$ 423,940	$ (26,598)	$ 550
Net income	38,632	0	0	38,615	0	17
Amounts reported in other comprehensive loss	(26,632)	0	0	0	(26,630)	(2)
Dividends ($0.395 per share) ($0.415 per share)	(7,062)	0	0	(7,062)	0	0
Share issuance and equity-based compensation plans	3,601	24	3,577	0	0	0
Ending Balance at Mar. 31, 2021	1,329,453	17,875	908,748	455,493	(53,228)	565
Beginning Balance at Dec. 31, 2020	1,320,914	17,851	905,171	423,940	(26,598)	550
Net income	72,232
Amounts reported in other comprehensive loss	(9,339)
Ending Balance at Jun. 30, 2021	1,375,401	17,878	910,862	482,001	(35,943)	603
Beginning Balance at Mar. 31, 2021	1,329,453	17,875	908,748	455,493	(53,228)	565
Net income	33,600	0	0	33,570	0	30
Amounts reported in other comprehensive loss	17,293	0	0	0	17,285	8
Dividends ($0.395 per share) ($0.415 per share)	(7,062)	0	0	(7,062)	0	0
Share issuance and equity-based compensation plans	2,117	3	2,114	0	0	0
Ending Balance at Jun. 30, 2021	1,375,401	17,878	910,862	482,001	(35,943)	603
Beginning Balance at Dec. 31, 2021	1,387,922	17,897	917,053	516,334	(63,990)	628
Net income	19,821	0	0	19,816	0	5
Amounts reported in other comprehensive loss	(6,270)	0	0	0	(6,271)	1
Dividends ($0.395 per share) ($0.415 per share)	(7,434)	0	0	(7,434)	0	0
Share issuance and equity-based compensation plans	1,661	15	1,646	0	0	0
Ending Balance at Mar. 31, 2022	1,395,700	17,912	918,699	528,716	(70,261)	634
Beginning Balance at Dec. 31, 2021	1,387,922	17,897	917,053	516,334	(63,990)	628
Net income	34,192
Amounts reported in other comprehensive loss	(81,288)
Ending Balance at Jun. 30, 2022	1,330,566	17,920	921,642	535,621	(145,246)	629
Beginning Balance at Mar. 31, 2022	1,395,700	17,912	918,699	528,716	(70,261)	634
Net income	14,371	0	0	14,343	0	28
Amounts reported in other comprehensive loss	(75,018)	0	0	0	(74,985)	(33)
Dividends ($0.395 per share) ($0.415 per share)	(7,438)	0	0	(7,438)	0	0
Share issuance and equity-based compensation plans	2,951	8	2,943	0	0	0
Ending Balance at Jun. 30, 2022	$ 1,330,566	$ 17,920	$ 921,642	$ 535,621	$ (145,246)	$ 629

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Equity (Parentheticals) - $ / shares	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Changes in Equity [Abstract]
Dividend per share	$ 0.415	$ 0.415	$ 0.395	$ 0.395	$ 0.830	$ 0.790

Basis of Presentation and Descr

Basis of Presentation and Description of Business	6 Months Ended
	Jun. 30, 2022
Basis of Presentation and Description of Business [Abstract]
Basis of Presentation and Description of Business [Text Block]	Note 1 – Basis of Presentation and Description of Business Basis of Presentation As used in these Notes to Condensed Consolidated Financial Statements of ended June 30, 2022 (the “Report”), Corporation (doing business as Quaker Houghton), its subsidiaries, and As used in these Notes to Condensed Consolidated Financial Statements, with Houghton International, Inc. (“Houghton”). have been prepared in accordance with generally accepted accounting principles financial reporting and the United States Securities and Exchange Commission disclosures normally included in financial statements prepared in accordance pursuant to such rules and regulations. of normal recurring adjustments which are necessary for a fair statement of for the interim periods. for the full year. the year ended December 31, 2021 (the “2021 Form 10-K”). Description of Business The Company was organized in 1918, incorporated as a Pennsylvania completed the Combination with Houghton to form Quaker Houghton. fluids. 25 the world’s most advanced and specialized companies. chemical management services (which the Company refers to as “Fluidcare TM ”) for various heavy industrial and manufacturing applications throughout its four Businesses. Hyper-inflationary economies Based on various indices or index compilations being used to monitor inflation effective July 1, 2018, Argentina’s months ended June 30, 2022, the Company's Argentine 1 % of the Company’s consolidated assets and net sales, respectively. 0.1 and $ 0.2 Comparatively, 0.1 0.3 respectively, of remeasurement recorded within foreign exchange losses, net, which is a component of other Consolidated Statements of Income.

Business Acquisitions

Business Acquisitions	6 Months Ended
	Jun. 30, 2022
Business Acquisitions [Abstract]
Business acquisitions [Text Block]	Note 2 – Business Acquisitions 2022 Acquisitions lubricants and stamping oil for metalworking, and various other lubrication, Americas reportable segment for approximately $ 8.0 existing metals and metalworking business in the Americas region. 5.6 intangible assets, comprised of $ 5.1 14 years ; and $ 0.5 product technologies to be amortized over 14 years . 1.8 value not allocated to other acquired assets, all of which is expected to be tax deductible Company operates. sector, as well as impregnation resin and for approximately 1.2 1.4 Germany as well as broadens its product offerings and The results of operations of the 2022 acquisitions subsequent to the respective Condensed Consolidated Statements of Income for the six month period ended associated with these acquisitions are included in Combination, unaudited Condensed Consolidated Statements of Income. of the acquisitions are not considered material to the overall operations Previous Acquisitions impregnation services of castings, powder metals and electrical components for $ 11.0 7.1 provisions initially estimated at $ 3.9 could total a maximum of $ 4.5 8.0 1.1 property, plant and 1.5 0.3 acquired. 0.4 comprised $ 7.2 15 years ; and $ 0.8 amortized over 13 years . in Turkey for its EMEA reportable segment for 3.2 3.7 In September 2021, the Company acquired the remaining interest in Grindaix provider of coolant control and delivery systems for its Global Specialty Businesses reportable 2.4 approximately $ 2.9 0.3 Company acquired a 38 % ownership interest in Grindaix for 1.4 1.7 its initial investment as an equity method investment within the Condensed Consolidated purchase of the remaining interest as a step acquisition whereby the Company investment to its fair value. In June 2021, the Company acquired certain assets for its chemical milling Businesses reportable segment for 2.3 2.8 In February 2021, the Company acquired a tin-plating solutions business 25.0 acquisition is part of each of the Company’s 19.6 price to intangible assets, comprised of $ 18.3 19 years ; $ 0.9 product technology to be amortized over 14 years ; and $ 0.4 3 years . the Company recorded $ 5.0 expected to be tax deductible in various jurisdictions in which we operate. goodwill included the acquisition of business processes and personne Turkey, necessary as a result of the Company’s liabilities assumed. finishing fluid solutions. certain post-closing adjustments. certain amounts owed related to tax attributes of the acquisition. Sellers, the Company believes the potential range of exposure for this claim is $ 0 1.5

Recently Issued Accounting Stan

Recently Issued Accounting Standards	6 Months Ended
	Jun. 30, 2022
Recently Issued Accounting Standards [Abstract]
Recently Issued Accounting Standards [Text Block]	Note 3 – Recently Issued Accounting Standards Recently Issued Accounting Standards The FASB issued ASU 2020 Reference Rate Reform (Topic Financial Reporting Reference Rate Reform (Topic January 2021 which clarified the guidance but did not materially change amendments provide temporary optional expedients and exceptions relationships and other transactions to ease the potential accounting from reference rates that are expected to be discontinued, including effective for the Company as of March 12, 2020 and generally can Company entered into an amendment to its primary credit facility which, LIBOR successor rate (the Secured Overnight Financing Rate (“SOFR”)). Statements.

Business Segments

Business Segments	6 Months Ended
	Jun. 30, 2022
Business Segment Disclosures [Abstract]
Business segments [Text Block]	Note 4 – Business Segments The Company’s operating internal organization, the method by which the Company’s decision maker assesses the Company’s four Asia/Pacific; and (iv) Global Specialty Businesses. each respective region, excluding net sales and operations managed globally Specialty Businesses segment includes the Company’s grease and Norman Hay businesses. Segment operating earnings for each of the Company’s related cost of goods sold (“COGS”) and selling, general and administrative attributable to the net sales of each respective segment, such as certain corporate and other acquisition-related expenses, and Restructuring and related charges, items not specifically identified with the Company’s net. The following table presents information about the performance of months ended June 30, 2022 and 2021. Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Net sales Americas $ 172,747 $ 139,673 $ 326,891 $ 274,544 EMEA 123,053 123,436 248,740 243,250 Asia/Pacific 99,828 91,559 204,062 188,265 Global Specialty Businesses 96,760 80,594 186,866 158,986 Total net sales $ 492,388 $ 435,262 $ 966,559 $ 865,045 Segment operating earnings Americas $ 33,785 $ 33,648 $ 63,005 $ 65,882 EMEA 13,283 23,405 30,049 48,649 Asia/Pacific 22,226 23,227 44,133 50,705 Global Specialty Businesses 27,841 24,209 52,876 48,378 Total segment operating 97,135 104,489 190,063 213,614 Combination, integration and other acquisition-related expenses (1,832) (6,658) (5,885) (12,473) Restructuring and related credits (charges), net 1 (298) (819) (1,473) Fair value step up of acquired inventory sold — — — (801) Non-operating and administrative expenses (48,579) (43,077) (92,042) (84,069) Depreciation of corporate assets and amortization (14,822) (15,640) (30,011) (31,088) Operating income 31,903 38,816 61,306 83,710 Other (expense) income, net (8,399) 14,010 (10,605) 18,697 Interest expense, net (6,494) (5,618) (11,839) (11,088) Income before taxes and equity in net (loss) income of associated companies $ 17,010 $ 47,208 $ 38,862 $ 91,319 Inter-segment revenues for the three and six months ended 3.3 6.2 12.4 million and $ 21.3 0.1 0.4 2.0 3.7 Specialty Businesses, respectively. 2.4 $ 5.7 6.3 15.1 0.4 0.5 2.1 and $ 4.1 each reportable operating segment’s

Net Sales and Revenue Recogniti

Net Sales and Revenue Recognition	6 Months Ended
	Jun. 30, 2022
Net Sales and Revenue Recognition [Abstract]
Net Sales and Revenue Recognition [TextBlock]	Note 5 – Net Sales and Revenue Recognition Arrangements Resulting in Net Reporting As part of the Company’s Fluidcare TM Company transferred third-party products under arrangements recognized 20.5 40.3 for the three and six months ended June 30, 2022, respectively, 16.7 34.5 June 30, 2021, respectively. Customer Concentration A significant portion of the Company’s steel, aluminum, automobiles, aerospace, Company’s 2021 Form 10-K, during multiple subsidiaries or divisions with semiautonomous purchasing authority) 10 % of consolidated net sales, with its largest customer accounting for approximately 3 % of consolidated net sales. Contract Assets and Liabilities The Company had no material contract assets recorded on its Condensed December 31, 2021. The Company had approximately $ 6.6 7.0 respectively. recognized into revenue the advance payments received and recorded Disaggregated Revenue The Company sells its various industrial process fluids, its specialty chemicals portfolio. by individual product lines. the Company’s geographic The following tables disaggregate the Company’s revenue recognized for the three and six months ended June 30, 2022 Three Months Ended June 30, 2022 Consolidated Americas EMEA Asia/Pacific Total Customer Industries Metals $ 63,373 $ 37,586 $ 55,596 $ 156,555 Metalworking and other 109,374 85,467 44,232 239,073 172,747 123,053 99,828 395,628 Global Specialty Businesses 62,367 21,324 13,069 96,760 $ 235,114 $ 144,377 $ 112,897 $ 492,388 Timing of Revenue Recognized Product sales at a point in time $ 225,135 $ 136,622 $ 110,190 $ 471,947 Services transferred over time 9,979 7,755 2,707 20,441 $ 235,114 $ 144,377 $ 112,897 $ 492,388 Three Months Ended June 30, 2021 Consolidated Americas EMEA Asia/Pacific Total Customer Industries Metals $ 51,799 $ 35,634 $ 48,207 $ 135,640 Metalworking and other 87,874 87,802 43,352 219,028 139,673 123,436 91,559 354,668 Global Specialty Businesses 46,183 21,678 12,733 80,594 $ 185,856 $ 145,114 $ 104,292 $ 435,262 Timing of Revenue Recognized Product sales at a point in time $ 177,227 $ 137,838 $ 101,264 $ 416,329 Services transferred over time 8,629 7,276 3,028 18,933 $ 185,856 $ 145,114 $ 104,292 $ 435,262 Six Months Ended June 30, 2022 Consolidated Americas EMEA Asia/Pacific Total Customer Industries Metals $ 119,533 $ 74,425 $ 110,883 $ 304,841 Metalworking and other 207,358 174,315 93,179 474,852 326,891 248,740 204,062 779,693 Global Specialty Businesses 119,631 41,345 25,890 186,866 $ 446,522 $ 290,085 $ 229,952 $ 966,559 Timing of Revenue Recognized Product sales at a point in time $ 426,419 $ 273,825 $ 224,815 $ 925,059 Services transferred over time 20,103 16,260 5,137 41,500 $ 446,522 $ 290,085 $ 229,952 $ 966,559 Six Months Ended June 30, 2021 Consolidated Americas EMEA Asia/Pacific Total Customer Industries Metals $ 98,592 $ 69,908 $ 97,950 $ 266,450 Metalworking and other 175,952 173,342 90,315 439,609 274,544 243,250 188,265 706,059 Global Specialty Businesses 91,439 41,950 25,597 158,986 $ 365,983 $ 285,200 $ 213,862 $ 865,045 Timing of Revenue Recognized Product sales at a point in time $ 348,821 $ 269,000 $ 207,663 $ 825,484 Services transferred over time 17,162 16,200 6,199 39,561 $ 365,983 $ 285,200 $ 213,862 $ 865,045

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases [TextBlock]	Note 6 - Leases The Company has operating leases for certain facilities, vehicles and machinery 10 years . use leases with remaining lease terms up to 93 years . The Company has no 2022 and 2021. The following table sets forth the components of the Company’s 2022 and 2021: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Operating lease expense $ 3,519 $ 3,548 $ 6,928 $ 7,160 Short-term lease expense 205 283 424 534 Supplemental cash flow information related to the Company’s Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 3,442 $ 3,489 $ 6,807 $ 7,068 Non-cash lease liabilities activity: Leased assets obtained in exchange for new operating lease liabilities 3,385 825 8,074 3,875 Supplemental balance sheet information related to the Company’s June 30, December 31, 2022 2021 Right of use lease assets $ 36,317 $ 36,635 Other current liabilities 10,452 9,976 Long-term lease liabilities 25,695 26,335 Total operating lease liabilities $ 36,147 $ 36,311 Weighted average 5.6 5.6 Weighted average 4.14% 4.22% Maturities of operating lease liabilities were as follows: June 30, 2022 For the remainder of 2022 $ 6,201 For the year ended December 31, 2023 10,076 For the year ended December 31, 2024 7,815 For the year ended December 31, 2025 5,749 For the year ended December 31, 2026 4,449 For the year ended December 31, 2027 and beyond 6,678 Total lease payments 40,968 Less: imputed interest (4,821) Present value of lease liabilities $ 36,147

Restructuring and Related Activ

Restructuring and Related Activities	6 Months Ended
	Jun. 30, 2022
Restructuring And Related Activities [Abstract]
Restructuring And Related Activities [Text Block]	Note 7 – Restructuring and Related Activities 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 in the third quarter of 2019. The QH Program includes restructuring and associated severance costs to reduce total headcount by approximately 400 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 depend on a number of factors and are subject to change; however, the Company currently expects reduction in headcount and site closures under the QH Program to continue to occur throughout 2022 and into 2023. Employee separation benefits will vary depending on local regulations within certain foreign countries and will include severance and other benefits. All costs incurred to date relate to severance costs to reduce headcount, estimates for employee separation costs, as well as costs to close certain facilities charges in the Company’s Consolidated Financial Statements, restructuring and related charges segments’ measure of operating earnings and therefore these costs are not reviewed Activity in the Company’s accrual QH Program Accrued restructuring as of December 31, 2021 $ 4,087 Restructuring and related charges 819 Cash payments (797) Currency translation adjustments (297) Accrued restructuring as of June 30, 2022 $ 3,812

Share-Based Compensation

Share-Based Compensation	6 Months Ended
	Jun. 30, 2022
Share-Based Compensation [Abstract]
Share-Based Compensation [Text Block]	Note 8 – Share-Based Compensation The Company recognized the following share-based compensation expense for the three and six months ended June 30, 2022 and 2021: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Stock options $ 469 $ 332 $ 736 $ 640 Non-vested stock awards and restricted stock units 1,667 1,290 3,215 2,686 Non-elective and elective 401(k) matching contribution in stock — — — 1,553 Director stock ownership plan 20 216 44 419 Performance stock units 815 517 1,438 836 Total share-based $ 2,971 $ 2,355 $ 5,433 $ 6,134 Share-based compensation expense is recorded in SG&A, except for $ 0.1 0.2 ended June 30, 2022, respectively, 0.2 0.5 recorded within Combination, integration and other acquisition-related Stock Options During the first six months of 2022, the Company granted stock options under subject only to time vesting over a three Company used a Black-Scholes option pricing model and the assumptions set forth March 2022 Grant Number of options granted 27,077 Dividend yield 0.80 % Expected volatility 38.60 % Risk-free interest rate 2.07 % Expected term (years) 4.0 The fair value of these options is amortized on a straight-line basis over the compensation expense related to all stock options granted 2.4 period of 1.6 Restricted Stock Awards During the six months ended June 30, 2022, the Company granted 25,743 4,490 restricted stock units under its LTIP, three year these grants is based on the trading price of the Company’s fair value of these awards for expected forfeitures based on historical experience. expense related to the non-vested restricted shares was $ 6.2 1.8 years, and unrecognized compensation expense related to non-vested 1.2 weighted average remaining period of 2.1 Performance Stock Units The Company grants performance-dependent stock awards (“PSUs”) as a component certain number of shares subject to market-based and time-based vesting conditions. ultimately be issued as settlement for each award may range from 0 % up to 200 % of the target award, subject to the achievement of the Company’s total shareholder Materials group. from January 1 of the year of grant through December 31 of the year prior Compensation expense for PSUs is measured based on their grant date fair value the three year vesting period. and using the following assumptions set forth in the table below: March 2022 Grant Number of PSUs granted 16,820 Risk-free interest rate 2.11 % Dividend yield 0.93 % Expected term (years) 3.0 As of June 30, 2022, based on the conditions of the PSUs and performance to date for will no t issue any fully vested shares as of the applicable settlement date of all outstanding PSUs awards. was approximately $ 5.5 over a weighted-average period of 2.1 Defined Contribution Plan The Company has a 401(k) plan with an employer match covering a majority 50 % of the first 6 % of compensation that is contributed to the plan, with a maximum matching contribution of 3 % of compensation. Additionally, the plan of service equal to 3 % of the eligible participants’ compensation. Company matched both non-elective and elective 401(k) contributions than cash. no June 30, 2021, total contributions were $ 1.5

Pension and Postretirement Bene

Pension and Postretirement Benefits	6 Months Ended
	Jun. 30, 2022
Pension and Postretirement Benefits [Abstract]
Pension and Postretirement Benefits [Text Block]	Note 9 – Pension and Other Postretirement The components of net periodic benefit (income) cost for the three and Three Six Months Ended June 30, Other Other Postretirement Postretirement Pension Benefits Benefits Pension Benefits Benefits 2022 2021 2022 2021 2022 2021 2022 2021 Service cost $ 174 $ 316 $ 8 $ 2 $ 354 $ 632 $ — $ 3 Interest cost 1,317 1,094 2 10 2,677 2,184 11 21 Expected return on plan assets (2,012) (2,093) — — (4,097) (4,175) — — Actuarial loss amortization 248 857 (23) — 505 1,712 (47) — Prior service cost amortization 2 3 (9) — 5 5 (8) — Net periodic benefit (income) $ (271) $ 177 $ (22) $ 12 $ (556) $ 358 $ (44) $ 24 Employer Contributions As of June 30, 2022, $ 1.7 0.1 plans and its other postretirement benefit plans, respectively. requirements, the Company currently expects to make full year cash contributions 6.6 foreign pension plans and approximately $ 0.2

Other (Expense) Income, Net

Other (Expense) Income, Net	6 Months Ended
	Jun. 30, 2022
Other (Expense) Income, Net [Abstract]
Other (Expense) Income, Net [Text Block]	Note 10 – Other (Expense) Income, Net The components of other (expense) income, net, for the three and six months ended June Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Income from third party license fees $ 249 $ 373 $ 653 $ 712 Foreign exchange losses, net (2,026) (838) (3,931) (2,316) (Loss) gain on disposals of property, assets, net (38) (54) (15) 5,356 Non-income tax refunds and other related (expense) credits (417) 14,295 (1,739) 14,392 Pension and postretirement benefit income, non-service components 475 129 954 253 Loss on extinguishment of debt (6,763) — (6,763) — Other non-operating income, net 121 105 236 300 Total other (expense) $ (8,399) $ 14,010 $ (10,605) $ 18,697 Non-income tax refunds and other related (expense) credits during adjustments to Combination-related indemnification assets associated with the Company’s Italian and German Financial Statements. $ 6.8 party and creditor debt issuance costs incurred to execute an amendment Notes to the Condensed Consolidated Financial Statements. Loss (gain) on disposals of property, gain on the sale of certain held-for-sale real property assets related

Income Taxes and Uncertain Inco

Income Taxes and Uncertain Income Tax Positions	6 Months Ended
	Jun. 30, 2022
Income Taxes and Uncertain Tax Positions [Abstract]
Income Taxes and Uncertain Income Tax Positions [Text Block]	Note 11 – Income Taxes The Company’s effective 8.1 % and 10.9 %, respectively, compared to 32.2 % and 28.4 % for the three and six months ended June 30, 2021, respectively. the six months ended June 30, 2022 was largely driven by due to recently issued legislative guidance, tax benefit associated with an intercompany asset transfer, fees, withholding taxes for increased forecasted dividends and the effects addition, the Company incurred higher tax expense during the three and six months ended accrued taxes at a statutory tax rate of 25 % while it awaits recertification of a concessionary 15 % tax rate, which was available to the Company during all of 2021. included certain held-for-sale real property assets related to the Combination law changes in a foreign jurisdiction and the income tax impacts of certain Brazilian subsidiaries. As of December 31, 2021, the Company had a deferred tax liability of $ 8.4 which primarily represents the Company’s earnings to the U.S. 7.4 cumulative liability for gross unrecognized tax benefits was $ 17.8 4.7 cumulative liability accrued as of December 31, 2021. The Company continues to recognize interest and penalties associated with uncertain income before equity in net income of associated companies in its Condensed recognized a benefit for interest of less than $ 0.1 0.3 0.1 $ 1.5 respectively, and recognized 0.2 0.2 0.1 million and $ 0.2 2021, respectively. 2.6 1.5 cumulative penalties in its Condensed Consolidated Balance Sheets, compared 3.1 3.1 for cumulative penalties accrued at December 31, 2021. During the six months ended June 30, 2022 and 2021, the Company recognized 3.5 0.8 respectively, Italian and German tax authorities, as well as the expiration of the applicable The Company estimates that during the year ending December 31, 202 unrecognized tax benefits by approximately $ 4.2 limitations with regard to certain tax positions. not consider any increase in liability for unrecognized tax benefits with regard liability for unrecognized tax benefits with regard to new tax positions for The Company and its subsidiaries are subject to U.S. Federal income tax, tax jurisdictions. 2007 , Brazil from 2011 , Germany from 2015 , the Netherlands and Mexico from 2016 , Canada, China, Spain and the U.S. from 2017 , the United Kingdom from 2018 , India from fiscal year beginning April 1, 2017 and ending March 31, 2018 , and various U.S. state tax jurisdictions from 2011 . As previously reported, the Italian tax authorities have assessed additional tax due from the Company’s subsidiary, Quaker Italia S.r.l., relating to the tax years 2007 through 2015. The Company has filed for competent authority relief from these assessments under the Mutual Agreement Procedures (“MAP”) of the Organization for Economic Co-Operation and Development for all years except 2007. In 2020, the respective tax authorities in Italy, Spain and the Netherlands reached agreement with respect to the MAP proceedings which the Company had accepted. 1.6 Netherlands and Spain. amount due of $ 2.6 liability. 0.1 refundable. Houghton Italia, S.r.l is also involved 2014 through 2018 . audit with the Italian tax authorities for the tax years 2014 and 2015. settled tax years 2016 through 2018 for a total of $ 2.1 $ 3.7 settlement and reserve release the Company recognized a net benefit 2.0 2022. 3.6 Houghton for any pre-Combination tax liabilities arising from this matter. As previously reported, Houghton Deutschland GmbH is also under 2015 through 2017 . tax authorities for a total of $ 0.1 0.3 against the former owners of Houghton for any pre-Combination tax

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note 12 – Earnings Per Share The following table summarizes earnings per share calculations for Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Basic earnings per common share Net income attributable to Quaker Chemical Corporation $ 14,343 $ 33,570 $ 34,159 $ 72,185 Less: income allocated to participating securities (58) (134) (136) (287) Net income available to common shareholders $ 14,285 $ 33,436 $ 34,023 $ 71,898 Basic weighted average common shares outstanding 17,834,329 17,802,366 17,830,218 17,793,915 Basic earnings per common share $ 0.80 $ 1.88 $ 1.91 $ 4.04 Diluted earnings per common share Net income attributable to Quaker Chemical Corporation $ 14,343 $ 33,570 $ 34,159 $ 72,185 Less: income allocated to participating securities (58) (134) (136) (287) Net income available to common shareholders $ 14,285 $ 33,436 $ 34,023 $ 71,898 Basic weighted average common shares outstanding 17,834,329 17,802,366 17,830,218 17,793,915 Effect of dilutive securities 7,048 47,155 17,186 52,095 Diluted weighted average common shares outstanding 17,841,377 17,849,521 17,847,404 17,846,010 Diluted earnings per common share $ 0.80 $ 1.88 $ 1.91 $ 4.03 Certain stock options, restricted stock units and PSUs are not included effect would have been anti-dilutive. 33,039 24,731 and six months ended June 30, 2022, respectively, 6,793 2,952

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill And Other Intangible Assets [Abstract]
Goodwill And Other Intangible Assets [Text Block]	Note 13 – Goodwill and Other Intangible Assets Changes in the carrying amount of goodwill for the six months ended June 30, 2022 Global Specialty Americas EMEA Asia/Pacific Businesses Total Balance as of December 31, 2021 $ 214,023 $ 135,520 $ 162,458 $ 119,193 $ 631,194 Goodwill additions 1,752 — — 32 1,784 Currency translation adjustments 237 (9,969) (8,185) (4,894) (22,811) Balance as of June 30, 2022 $ 216,012 $ 125,551 $ 154,273 $ 114,331 $ 610,167 Gross carrying amounts and accumulated amortization for definite-lived 2021 were as follows: Gross Carrying Accumulated Amount Amortization 2022 2021 2022 2021 Customer lists and rights to sell $ 828,690 $ 853,122 $ 167,145 $ 147,858 Trademarks, formulations and product 156,262 163,974 41,640 38,747 Other 6,269 6,309 5,933 5,900 Total definite-lived $ 991,221 $ 1,023,405 $ 214,718 $ 192,505 The Company amortizes definite-lived intangible assets on a straight-line basis over $ 14.7 29.2 Comparatively, 15.0 29.8 June 30, 2021, respectively. Estimated annual aggregate amortization expense for the current year For the year ended December 31, 2022 $ 57,515 For the year ended December 31, 2023 57,349 For the year ended December 31, 2024 56,760 For the year ended December 31, 2025 55,970 For the year ended December 31, 2026 55,752 For the year ended December 31, 2027 and beyond 522,946 The Company had four indefinite-lived intangible assets totaling 186.1 185.0 indefinite-lived intangible assets for trademarks and tradename associated four indefinite-lived intangible assets for trademarks and tradename 196.9 The Company completes its annual goodwill and indefinite-lived intangible each year, or more frequently if triggering performance, economic conditions and other relevant developments than not that the carrying value of any of the Company’s Company continues to monitor various financial, economic and Ukraine war and the Company’s decision rising interest rates and cost of capital among other factors. continue to impact the Company did not represent a triggering event as of June 30, 2022. offset these headwinds including, but not limited to, implementing ongoing inflationary pressures. financial performance declines, then it is possible any of these financial, economic triggering event in the future and could lead to a potential impairment of the lived or long-lived assets.

Debt

Debt	6 Months Ended
	Jun. 30, 2022
Debt [Abstract]
Debt [Text Block]	Note 14 – Debt Debt as of June 30, 2022 and December 31, 2021 includes the following: As of June 30, 2022 As of December 31, 2021 Interest Outstanding Interest Outstanding Rate Balance Rate Balance Credit Facilities: Original Revolver — $ — 1.62% $ 211,955 Original U.S. Term — — 1.65% 540,000 Original Euro Term — — 1.50% 137,616 Amended Revolver 3.05% 228,658 — — Amended U.S. Term 3.08% 600,000 — — Amended Euro Term 1.50% 148,917 — — Industrial development bonds 5.26% 10,000 5.26% 10,000 Bank lines of credit and other debt obligations Various 1,495 Various 1,777 Total debt $ 989,070 $ 901,348 Less: debt issuance costs (2,216) (8,001) Less: short-term and current portion of long-term debts (14,485) (56,935) Total long-term debt $ 972,369 $ 836,412 Credit facilities The Company, its wholly agent, U.S. Dollar swing line lender and letter of credit issuer, August 1, 2019, as amended (the “Original Credit Facility”). 400.0 multicurrency revolver (the “Original Revolver”), a $ 600.0 Company as borrower, and a $ 150.0 Quaker Chemical B.V., August 2024 . During June 2022, the Company, as administrative agent, U.S. Dollar swing line lender and letter of credit Company, as Euro (the “Amended Credit Facility”). The Amended Credit Facility established 150.0 term loan (the “Amended Euro Term 600.0 and (C) a new $ 500.0 increase the amount of the Amended Credit Facility by an aggregate amount 300.0 100 % of Consolidated EBITDA, subject to certain conditions including the agreement increase). (i) eliminated (ii) replaced (iii) extended the maturity date of the Original Credit Facility from August 2024 to June 2027; (iv) effected certain other changes to the Original Credit The Company used the proceeds of the Amended Credit Facility to repay unpaid accrued interest and fees on the closing date under the Original denominated borrowings under the Amended Credit Facility bear plus an applicable rate ranging from 1.00 % to 1.75 % for term SOFR loans and from 0.00 % to 0.75 % for base rate loans, depending upon the Company’s consolidated 0.10 % per annum. alternative currency term rate plus the applicable rate ranging from 1.00 % to 1.75 %. The Amended Credit Facility contains affirmative without limitation restrictions on (a) the incurrence of additional lines of business and divisions; (c) the making of dividends or capital stock share repurchases are permitted in annual amounts not exceeding the greater 75 25 % of consolidated EBITDA if there is no default. less than 2.50 1.00 . Financial covenants contained in the Amended Credit Facility include consolidated net leverage ratio test. 4.00 1.00 , subject to a permitted increase during a four-quarter consolidated net leverage ratio test with a consolidated senior net leverage ratio notes, subject to certain limitations. payment, breach of representations and warranties, non-performance in certain circumstances. obligations becoming immediately due and payable and the Amended Company was in compliance with all of the Amended Credit Facility covenants. The weighted average variable interest rate incurred on the outstanding Amended Credit Facility during the six months ended June 30, 2.0 %. As of June 30, 2022, the interest rate on the outstanding borrowings under the Amended Credit Facility was approximately 2.8 %. principal under the Original Credit Facility, 0.2 % to 0.3 % depending on the Company’s consolidated thereunder. 0.150 % to 0.275 % related to unutilized commitments under the Amended Revolver, ratio. 268 approximately $ 4 The Company previously capitalized $ 23.7 Original Credit Facility. 15.5 recorded as a direct reduction of Long-term debt on the Condensed 8.3 capitalized costs were attributed to the Original Revolver and recorded Sheet. five year of December 31, 2021, the Company had $ 8.0 the Original Credit Facility. 4.3 assets attributable to the Original Credit Facility. 6.6 debt issuance costs recorded as a reduction of Long-term debt attributable 3.5 issuance costs recorded within Other assets attributable to the Original In connection with executing the Amended Credit Facility, approximately $ 6.8 portion of the third-party and creditor debt issuance costs incurred executing the Amended Credit Facility, 2.2 and creditor debt issuance costs. 0.7 and Amended U.S. Term Balance Sheet. 1.5 Other assets on the Condensed Consolidated Balance Sheet. were not written off will collectively be amortized into Interest expense June 30, 2022, the Company had $ 2.2 Consolidated Balance Sheet and $ 4.8 Balance Sheet. The Original Credit Facility required the Company to fix its variable interest 20 % of its total Original Term Loans. the Original Credit Facility, 170.0 swaps at a base rate of 1.64 % plus an applicable margin as provided in the Original Credit Facility, consolidated net leverage ratio. on the swaps, including the fixed base rate plus an applicable margin, 3.1 %. Company to fix variable interest rates on any portion of its borrowings. current interest rate swaps. Industrial development bonds As of June 30, 2022 and December 31, 2021, the Company had fixed rate, 10.0 million in principal amount due in 2028 . Bank lines of credit and other debt obligations The Company has certain unsecured bank lines of credit and discount collateralized. free municipality-related loans, local credit facilities of certain foreign subsidiaries capacity under these arrangements as of June 30, 2022 was approximately 28 In addition to the bank letters of credit described in the “Credit facilities” subsection above, the Company’s other off-balance sheet arrangements include certain financial and other guarantees. The Company’s total bank letters of credit and guarantees outstanding as of June 30, 2022 were approximately $5 million. The Company incurred the following debt related expenses included Statements of Income: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Interest expense $ 6,134 $ 4,813 $ 10,880 $ 9,463 Amortization of debt issuance costs 1,049 1,188 2,236 2,375 Total $ 7,183 $ 6,001 $ 13,116 $ 11,838 Based on the variable interest rates associated with the Amended Facility as of December 31, 2021, the amounts at which the Company’s fair market value. ` June 30, 2022 For the remainder of 2022 $ 4,681 For the year ended December 31, 2023 18,723 For the year ended December 31, 2024 23,404 For the year ended December 31, 2025 37,446 For the year ended December 31, 2026 37,446 For the year ended December 31, 2027 855,875 Total payments $ 977,575

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	6 Months Ended
	Jun. 30, 2022
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income [Text Block]	Note 15 – Accumulated Other Comprehensive Income The following tables show the reclassifications from and resulting balances (“AOCI”) for the three and six months ended June 30, 2022 and 2021: Defined Unrealized Currency Benefit Gain (Loss) in Translation Pension Available-for- Derivative Adjustments Plans Sale Securities Instruments Total Balance at March 31, 2022 $ (56,710) $ (12,676) $ (603) $ (272) $ (70,261) Other comprehensive (loss) income before reclassifications (76,400) 1,650 (1,043) 747 (75,046) Amounts reclassified from AOCI — 218 325 — 543 Related tax amounts — (461) 151 (172) (482) Balance at June 30, 2022 $ (133,110) $ (11,269) $ (1,170) $ 303 $ (145,246) Balance at March 31, 2021 $ (28,334) $ (22,175) $ 317 $ (3,036) $ (53,228) Other comprehensive income (loss) before reclassifications 16,157 (260) 341 586 16,824 Amounts reclassified from AOCI — 852 2 — 854 Related tax amounts — (195) (64) (134) (393) Balance at June 30, 2021 $ (12,177) $ (21,778) $ 596 $ (2,584) $ (35,943) Defined Unrealized Currency Benefit Gain (Loss) in Translation Pension Available-for- Derivative Adjustments Plans Sale Securities Instruments Total Balance at December 31, 2021 $ (49,843) $ (13,172) $ 397 $ (1,372) $ (63,990) Other comprehensive (loss) income before reclassifications (83,267) 2,082 (2,320) 2,175 (81,330) Amounts reclassified from AOCI — 447 336 — 783 Related tax amounts — (626) 417 (500) (709) Balance at June 30, 2022 $ (133,110) $ (11,269) $ (1,170) $ 303 $ (145,246) Balance at December 31, 2020 $ (2,875) $ (23,467) $ 3,342 $ (3,598) $ (26,598) Other comprehensive (loss) income before reclassifications (9,302) 521 (404) 1,316 (7,869) Amounts reclassified from AOCI — 1,714 (3,083) — (1,369) Related tax amounts — (546) 741 (302) (107) Balance at June 30, 2021 $ (12,177) $ (21,778) $ 596 $ (2,584) $ (35,943) All reclassifications related to unrealized gain (loss) in available-for-sale securities relate captive insurance company and are recorded in equity in net income comprehensive income for noncontrolling interest are related to currency

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Fair Value Measurements [Abstract]
Fair Value Disclosures [Text Block]	Note 16 – Fair Value The Company has valued its company-owned life insurance policies at fair value. measurement as follows: Fair Value Total Using Fair Value Assets Fair Value Level 1 Level 2 Level 3 Company-owned life insurance $ 2,112 $ — $ 2,112 $ — Total $ 2,112 $ — $ 2,112 $ — Fair Value Total Using Fair Value Assets Fair Value Level 1 Level 2 Level 3 Company-owned life insurance $ 2,533 $ — $ 2,533 $ — Total $ 2,533 $ — $ 2,533 $ — The fair values of Company-owned life insurance assets are based on quotes terms. disclosures have not been included.

Hedging Activities

Hedging Activities	6 Months Ended
	Jun. 30, 2022
Hedging Activities [Abstract]
Hedging Activities [Text Block]	Note 17 – Hedging Activities In order to satisfy certain requirements of the Original Credit Facility as well as to manage interest rate risk associated with the Original Credit Facility, 170.0 amounts of three year swaps are designated as cash flow hedges and, as such, the contracts are marked-to-market gains or losses are included in AOCI to the extent effective transaction affects earnings or it becomes probable In June 2022, the Company amended the Original Credit Facility. Statements. The balance sheet classification and fair values of the Company’s follows: Fair Value Condensed Consolidated June 30, December 31, Balance Sheet Location 2022 2021 Derivatives designated as cash flow hedges: Interest rate swaps Prepaid expenses and other current assets $ 394 $ — Other accrued liabilities — 1,782 $ 394 $ 1,782 The following table presents the net unrealized (gain) loss deferred to AOCI: June 30, December 31, 2022 2021 Derivatives designated as cash flow hedges: Interest rate swaps AOCI $ (303) $ 1,372 $ (303) $ 1,372 The following table presents the net loss reclassified from AOCI to earnings: Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Amount and location of expense reclassified from AOCI into expense (effective portion) Interest expense, net $ (378) $ (659) $ (1,015) $ (1,302) Interest rate swaps are entered into with a limited number of counterparties, contracts through a single payment in a single currency in the event of a default accordance with the Company’s accounting Consolidated Balance Sheets.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments And Contingencies [Text Block]	Note 18 – Commitments and Contingencies The Company previously disclosed in its 2021 Form 10-K that AC Products, Inc. agreed to operate two groundwater treatment systems, so as to hydraulically ACP’s site until such time as the concentrations consecutive quarterly sampling events. In 2014, ACP ceased operation the above condition for closure. As of June 30, 2022, ACP continues to operate Company discusses with the relevant authorities whether the second groundwater In addition, the Santa Ana Regional Water vapor testing on and near the ACP site to confirm that ACP continues to 2022, ACP performed such testing and is awaiting the review of the results from Board. As of June 30, 2022, the Company believes that the range of potential-known water remediation program is approximately $ 0.1 1.0 of operation of the treatment system as determined by groundwater modeling. maintenance of the extraction well, groundwater monitoring and The Company previously disclosed in its 2021 Form 10-K that an inactive sold certain products containing asbestos, primarily on an installed basis, and injury due to exposure to asbestos. the facts or circumstances of this previously disclosed matter, litigation. that the subsidiary’s total liability over 0.3 The Company previously disclosed in its 2021 Form 10-K that it is party to certain environmental domestic and foreign properties. maintenance at each of the applicable sites. changes to the facts or circumstances of these previously disclosed matters, activities and routine payments associated with each of the sites. matters, and based on historical costs incurred and projected costs to be incurred the range of costs for all of these environmental matters, on a discounted 5.0 6.0 million as of June 30, 2022, for which $ 5.5 Company’s Condensed Consolidated $ 5.6 Although there can be no assurance regarding the outcome of other has made adequate accruals for costs associated with other environmental problems 0.4 as of both June 30, 2022 and December 31, 2021, respectively, remediation costs. The Company previously disclosed in its 2021 Form 10-K that during the first six months Brazilian subsidiaries received a notice that it had prevailed on an existing that had been previously charged and paid. circulation (a valued-added-tax or VAT taxes (specifically the program of social integration (“PIS”) and contribution by the Brazilian States on the sale of goods. in the tax base of PIS and COFINS, and confirmed the methodology for calculating the taxpayers are entitled. entitled to receive tax credits and interest dating back five years preceding the rulings in the first six months of 2021, the Company recognized non-income 67.0 13.3 million, which includes approximately $ 8.4 4.9 million. tax authorities which the Company subsequently completed. the Company currently anticipates using the full amount of credits during the In connection with obtaining regulatory approvals for the Combination, Houghton were divested in August 2019. The Company previously disclosed acquired these divested product lines submitted an indemnification claim Houghton in the agreement pursuant to which such assets had been divested. indemnification claim and during the first quarter of 2022, the position that there were no amounts owed by the Company. The Company previously disclosed in its 2021 Form 10-K that two of the Company’s result of flooding and fire, respectively. months ended June 30, 2022, there have been no significant changes to matters, aside from the on-going restoration of both sites. managing the remediation and restoration activities associated with these all available information and discussions with its insurance adjuster and Company’s property insurance 2.0 its insurers of $ 2.1 for losses incurred) of $ 0.9 The Company is party to other litigation which management currently Company’s results of operations, purchase obligations.

Basis of Presentation and Des_2

Basis of Presentation and Description of Business (Policies)	6 Months Ended
	Jun. 30, 2022
Basis of Presentation and Description of Business [Abstract]
Basis of Presentation [Policy Text Block]	Basis of Presentation As used in these Notes to Condensed Consolidated Financial Statements of ended June 30, 2022 (the “Report”), Corporation (doing business as Quaker Houghton), its subsidiaries, and As used in these Notes to Condensed Consolidated Financial Statements, with Houghton International, Inc. (“Houghton”). have been prepared in accordance with generally accepted accounting principles financial reporting and the United States Securities and Exchange Commission disclosures normally included in financial statements prepared in accordance pursuant to such rules and regulations. of normal recurring adjustments which are necessary for a fair statement of for the interim periods. for the full year. the year ended December 31, 2021 (the “2021 Form 10-K”).
Hyper-inflationary economies [Policy Text Block]	Hyper-inflationary economies Based on various indices or index compilations being used to monitor inflation effective July 1, 2018, Argentina’s months ended June 30, 2022, the Company's Argentine 1 % of the Company’s consolidated assets and net sales, respectively. 0.1 and $ 0.2 Comparatively, 0.1 0.3 respectively, of remeasurement recorded within foreign exchange losses, net, which is a component of other Consolidated Statements of Income.
Segments [Policy Text Block]	The Company’s operating internal organization, the method by which the Company’s decision maker assesses the Company’s four Asia/Pacific; and (iv) Global Specialty Businesses. each respective region, excluding net sales and operations managed globally Specialty Businesses segment includes the Company’s grease and Norman Hay businesses.
Revenue From Contract With Customer [Policy Text Block]	As part of the Company’s Fluidcare TM
Goodwill And Intangible Assets, Goodwill, Policy [Policy Text Block]	The Company completes its annual goodwill and indefinite-lived intangible each year, or more frequently if triggering performance, economic conditions and other relevant developments than not that the carrying value of any of the Company’s

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Jun. 30, 2022
Business Segment Disclosures [Abstract]
Scehedule of performance of the Company's reportable segments [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Net sales Americas $ 172,747 $ 139,673 $ 326,891 $ 274,544 EMEA 123,053 123,436 248,740 243,250 Asia/Pacific 99,828 91,559 204,062 188,265 Global Specialty Businesses 96,760 80,594 186,866 158,986 Total net sales $ 492,388 $ 435,262 $ 966,559 $ 865,045 Segment operating earnings Americas $ 33,785 $ 33,648 $ 63,005 $ 65,882 EMEA 13,283 23,405 30,049 48,649 Asia/Pacific 22,226 23,227 44,133 50,705 Global Specialty Businesses 27,841 24,209 52,876 48,378 Total segment operating 97,135 104,489 190,063 213,614 Combination, integration and other acquisition-related expenses (1,832) (6,658) (5,885) (12,473) Restructuring and related credits (charges), net 1 (298) (819) (1,473) Fair value step up of acquired inventory sold — — — (801) Non-operating and administrative expenses (48,579) (43,077) (92,042) (84,069) Depreciation of corporate assets and amortization (14,822) (15,640) (30,011) (31,088) Operating income 31,903 38,816 61,306 83,710 Other (expense) income, net (8,399) 14,010 (10,605) 18,697 Interest expense, net (6,494) (5,618) (11,839) (11,088) Income before taxes and equity in net (loss) income of associated companies $ 17,010 $ 47,208 $ 38,862 $ 91,319

Net Sales and Revenue Recogni_2

Net Sales and Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2022
Net Sales and Revenue Recognition [Abstract]
Disaggregation of company's net sales by segment [Table Text Block]	Three Months Ended June 30, 2022 Consolidated Americas EMEA Asia/Pacific Total Customer Industries Metals $ 63,373 $ 37,586 $ 55,596 $ 156,555 Metalworking and other 109,374 85,467 44,232 239,073 172,747 123,053 99,828 395,628 Global Specialty Businesses 62,367 21,324 13,069 96,760 $ 235,114 $ 144,377 $ 112,897 $ 492,388 Timing of Revenue Recognized Product sales at a point in time $ 225,135 $ 136,622 $ 110,190 $ 471,947 Services transferred over time 9,979 7,755 2,707 20,441 $ 235,114 $ 144,377 $ 112,897 $ 492,388 Three Months Ended June 30, 2021 Consolidated Americas EMEA Asia/Pacific Total Customer Industries Metals $ 51,799 $ 35,634 $ 48,207 $ 135,640 Metalworking and other 87,874 87,802 43,352 219,028 139,673 123,436 91,559 354,668 Global Specialty Businesses 46,183 21,678 12,733 80,594 $ 185,856 $ 145,114 $ 104,292 $ 435,262 Timing of Revenue Recognized Product sales at a point in time $ 177,227 $ 137,838 $ 101,264 $ 416,329 Services transferred over time 8,629 7,276 3,028 18,933 $ 185,856 $ 145,114 $ 104,292 $ 435,262 Six Months Ended June 30, 2022 Consolidated Americas EMEA Asia/Pacific Total Customer Industries Metals $ 119,533 $ 74,425 $ 110,883 $ 304,841 Metalworking and other 207,358 174,315 93,179 474,852 326,891 248,740 204,062 779,693 Global Specialty Businesses 119,631 41,345 25,890 186,866 $ 446,522 $ 290,085 $ 229,952 $ 966,559 Timing of Revenue Recognized Product sales at a point in time $ 426,419 $ 273,825 $ 224,815 $ 925,059 Services transferred over time 20,103 16,260 5,137 41,500 $ 446,522 $ 290,085 $ 229,952 $ 966,559 Six Months Ended June 30, 2021 Consolidated Americas EMEA Asia/Pacific Total Customer Industries Metals $ 98,592 $ 69,908 $ 97,950 $ 266,450 Metalworking and other 175,952 173,342 90,315 439,609 274,544 243,250 188,265 706,059 Global Specialty Businesses 91,439 41,950 25,597 158,986 $ 365,983 $ 285,200 $ 213,862 $ 865,045 Timing of Revenue Recognized Product sales at a point in time $ 348,821 $ 269,000 $ 207,663 $ 825,484 Services transferred over time 17,162 16,200 6,199 39,561 $ 365,983 $ 285,200 $ 213,862 $ 865,045

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Schedule of lease cost and supplemental information [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Operating lease expense $ 3,519 $ 3,548 $ 6,928 $ 7,160 Short-term lease expense 205 283 424 534 Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 3,442 $ 3,489 $ 6,807 $ 7,068 Non-cash lease liabilities activity: Leased assets obtained in exchange for new operating lease liabilities 3,385 825 8,074 3,875 June 30, December 31, 2022 2021 Right of use lease assets $ 36,317 $ 36,635 Other current liabilities 10,452 9,976 Long-term lease liabilities 25,695 26,335 Total operating lease liabilities $ 36,147 $ 36,311 Weighted average 5.6 5.6 Weighted average 4.14% 4.22%
Schedule of Company's future minimum rental commitments under operating leases [Table Text Block]	June 30, 2022 For the remainder of 2022 $ 6,201 For the year ended December 31, 2023 10,076 For the year ended December 31, 2024 7,815 For the year ended December 31, 2025 5,749 For the year ended December 31, 2026 4,449 For the year ended December 31, 2027 and beyond 6,678 Total lease payments 40,968 Less: imputed interest (4,821) Present value of lease liabilities $ 36,147

Restructuring and Related Act_2

Restructuring and Related Activities (Tables)	6 Months Ended
	Jun. 30, 2022
Restructuring And Related Activities [Abstract]
Restructuring and Related Costs [Table Text Block]	QH Program Accrued restructuring as of December 31, 2021 $ 4,087 Restructuring and related charges 819 Cash payments (797) Currency translation adjustments (297) Accrued restructuring as of June 30, 2022 $ 3,812

Share Based Compensation (Table

Share Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2022
Share-Based Compensation [Abstract]
Schedule of share-based compensation expense in its Consolidated Statements of Income [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Stock options $ 469 $ 332 $ 736 $ 640 Non-vested stock awards and restricted stock units 1,667 1,290 3,215 2,686 Non-elective and elective 401(k) matching contribution in stock — — — 1,553 Director stock ownership plan 20 216 44 419 Performance stock units 815 517 1,438 836 Total share-based $ 2,971 $ 2,355 $ 5,433 $ 6,134
Schedule of Black-Scholes option pricing model and the assumptions [Table Text Block]	March 2022 Grant Number of options granted 27,077 Dividend yield 0.80 % Expected volatility 38.60 % Risk-free interest rate 2.07 % Expected term (years) 4.0
Schedule of Monte Carlo option pricing model and the assumptions [Text Block]	March 2022 Grant Number of PSUs granted 16,820 Risk-free interest rate 2.11 % Dividend yield 0.93 % Expected term (years) 3.0

Pension and Other Post Retireme

Pension and Other Post Retirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2022
Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Schedule of components of net periodic benefit costs - pension plans [Table Text Block]	Three Six Months Ended June 30, Other Other Postretirement Postretirement Pension Benefits Benefits Pension Benefits Benefits 2022 2021 2022 2021 2022 2021 2022 2021 Service cost $ 174 $ 316 $ 8 $ 2 $ 354 $ 632 $ — $ 3 Interest cost 1,317 1,094 2 10 2,677 2,184 11 21 Expected return on plan assets (2,012) (2,093) — — (4,097) (4,175) — — Actuarial loss amortization 248 857 (23) — 505 1,712 (47) — Prior service cost amortization 2 3 (9) — 5 5 (8) — Net periodic benefit (income) $ (271) $ 177 $ (22) $ 12 $ (556) $ 358 $ (44) $ 24

Other (Expense) Income, Net (Ta

Other (Expense) Income, Net (Tables)	6 Months Ended
	Jun. 30, 2022
Other (Expense) Income, Net [Abstract]
Schedule of other expense, net [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Income from third party license fees $ 249 $ 373 $ 653 $ 712 Foreign exchange losses, net (2,026) (838) (3,931) (2,316) (Loss) gain on disposals of property, assets, net (38) (54) (15) 5,356 Non-income tax refunds and other related (expense) credits (417) 14,295 (1,739) 14,392 Pension and postretirement benefit income, non-service components 475 129 954 253 Loss on extinguishment of debt (6,763) — (6,763) — Other non-operating income, net 121 105 236 300 Total other (expense) $ (8,399) $ 14,010 $ (10,605) $ 18,697

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Basic earnings per common share Net income attributable to Quaker Chemical Corporation $ 14,343 $ 33,570 $ 34,159 $ 72,185 Less: income allocated to participating securities (58) (134) (136) (287) Net income available to common shareholders $ 14,285 $ 33,436 $ 34,023 $ 71,898 Basic weighted average common shares outstanding 17,834,329 17,802,366 17,830,218 17,793,915 Basic earnings per common share $ 0.80 $ 1.88 $ 1.91 $ 4.04 Diluted earnings per common share Net income attributable to Quaker Chemical Corporation $ 14,343 $ 33,570 $ 34,159 $ 72,185 Less: income allocated to participating securities (58) (134) (136) (287) Net income available to common shareholders $ 14,285 $ 33,436 $ 34,023 $ 71,898 Basic weighted average common shares outstanding 17,834,329 17,802,366 17,830,218 17,793,915 Effect of dilutive securities 7,048 47,155 17,186 52,095 Diluted weighted average common shares outstanding 17,841,377 17,849,521 17,847,404 17,846,010 Diluted earnings per common share $ 0.80 $ 1.88 $ 1.91 $ 4.03

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill And Other Intangible Assets [Abstract]
Schedule of Goodwill [Table Text Block]	Global Specialty Americas EMEA Asia/Pacific Businesses Total Balance as of December 31, 2021 $ 214,023 $ 135,520 $ 162,458 $ 119,193 $ 631,194 Goodwill additions 1,752 — — 32 1,784 Currency translation adjustments 237 (9,969) (8,185) (4,894) (22,811) Balance as of June 30, 2022 $ 216,012 $ 125,551 $ 154,273 $ 114,331 $ 610,167
Schedule of Finite-Lived Intangible Assets [Table Text Block]	Gross Carrying Accumulated Amount Amortization 2022 2021 2022 2021 Customer lists and rights to sell $ 828,690 $ 853,122 $ 167,145 $ 147,858 Trademarks, formulations and product 156,262 163,974 41,640 38,747 Other 6,269 6,309 5,933 5,900 Total definite-lived $ 991,221 $ 1,023,405 $ 214,718 $ 192,505
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	For the year ended December 31, 2022 $ 57,515 For the year ended December 31, 2023 57,349 For the year ended December 31, 2024 56,760 For the year ended December 31, 2025 55,970 For the year ended December 31, 2026 55,752 For the year ended December 31, 2027 and beyond 522,946

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2022
Debt [Abstract]
Schedule of Debt [Table Text Block]	As of June 30, 2022 As of December 31, 2021 Interest Outstanding Interest Outstanding Rate Balance Rate Balance Credit Facilities: Original Revolver — $ — 1.62% $ 211,955 Original U.S. Term — — 1.65% 540,000 Original Euro Term — — 1.50% 137,616 Amended Revolver 3.05% 228,658 — — Amended U.S. Term 3.08% 600,000 — — Amended Euro Term 1.50% 148,917 — — Industrial development bonds 5.26% 10,000 5.26% 10,000 Bank lines of credit and other debt obligations Various 1,495 Various 1,777 Total debt $ 989,070 $ 901,348 Less: debt issuance costs (2,216) (8,001) Less: short-term and current portion of long-term debts (14,485) (56,935) Total long-term debt $ 972,369 $ 836,412
Interest Income And Interest Expense Disclosure [Table Text Block]	Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Interest expense $ 6,134 $ 4,813 $ 10,880 $ 9,463 Amortization of debt issuance costs 1,049 1,188 2,236 2,375 Total $ 7,183 $ 6,001 $ 13,116 $ 11,838
Schedule of Maturities of Long-term Debt [Table Text Block]	` June 30, 2022 For the remainder of 2022 $ 4,681 For the year ended December 31, 2023 18,723 For the year ended December 31, 2024 23,404 For the year ended December 31, 2025 37,446 For the year ended December 31, 2026 37,446 For the year ended December 31, 2027 855,875 Total payments $ 977,575

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2022
Accumulated Other Comprehensive Income [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Defined Unrealized Currency Benefit Gain (Loss) in Translation Pension Available-for- Derivative Adjustments Plans Sale Securities Instruments Total Balance at March 31, 2022 $ (56,710) $ (12,676) $ (603) $ (272) $ (70,261) Other comprehensive (loss) income before reclassifications (76,400) 1,650 (1,043) 747 (75,046) Amounts reclassified from AOCI — 218 325 — 543 Related tax amounts — (461) 151 (172) (482) Balance at June 30, 2022 $ (133,110) $ (11,269) $ (1,170) $ 303 $ (145,246) Balance at March 31, 2021 $ (28,334) $ (22,175) $ 317 $ (3,036) $ (53,228) Other comprehensive income (loss) before reclassifications 16,157 (260) 341 586 16,824 Amounts reclassified from AOCI — 852 2 — 854 Related tax amounts — (195) (64) (134) (393) Balance at June 30, 2021 $ (12,177) $ (21,778) $ 596 $ (2,584) $ (35,943) Defined Unrealized Currency Benefit Gain (Loss) in Translation Pension Available-for- Derivative Adjustments Plans Sale Securities Instruments Total Balance at December 31, 2021 $ (49,843) $ (13,172) $ 397 $ (1,372) $ (63,990) Other comprehensive (loss) income before reclassifications (83,267) 2,082 (2,320) 2,175 (81,330) Amounts reclassified from AOCI — 447 336 — 783 Related tax amounts — (626) 417 (500) (709) Balance at June 30, 2022 $ (133,110) $ (11,269) $ (1,170) $ 303 $ (145,246) Balance at December 31, 2020 $ (2,875) $ (23,467) $ 3,342 $ (3,598) $ (26,598) Other comprehensive (loss) income before reclassifications (9,302) 521 (404) 1,316 (7,869) Amounts reclassified from AOCI — 1,714 (3,083) — (1,369) Related tax amounts — (546) 741 (302) (107) Balance at June 30, 2021 $ (12,177) $ (21,778) $ 596 $ (2,584) $ (35,943)

Fair Value Measurements (Table)

Fair Value Measurements (Table)	6 Months Ended
	Jun. 30, 2022
Fair Value Measurements [Abstract]
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Total Using Fair Value Assets Fair Value Level 1 Level 2 Level 3 Company-owned life insurance $ 2,112 $ — $ 2,112 $ — Total $ 2,112 $ — $ 2,112 $ — Fair Value Total Using Fair Value Assets Fair Value Level 1 Level 2 Level 3 Company-owned life insurance $ 2,533 $ — $ 2,533 $ — Total $ 2,533 $ — $ 2,533 $ —

Hedging Activities (Tables)

Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2022
Hedging Activities [Abstract]
Scheudule of fair values of the Company''s derivative instruments, Level 2 measurements [Table Text Block]	Fair Value Condensed Consolidated June 30, December 31, Balance Sheet Location 2022 2021 Derivatives designated as cash flow hedges: Interest rate swaps Prepaid expenses and other current assets $ 394 $ — Other accrued liabilities — 1,782 $ 394 $ 1,782 June 30, December 31, 2022 2021 Derivatives designated as cash flow hedges: Interest rate swaps AOCI $ (303) $ 1,372 $ (303) $ 1,372 Three Months Ended Six Months Ended June 30, June 30, 2022 2021 2022 2021 Amount and location of expense reclassified from AOCI into expense (effective portion) Interest expense, net $ (378) $ (659) $ (1,015) $ (1,302)

Basis of Presentation and Des_3

Basis of Presentation and Description of Business (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($) Countries	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) Segments Countries	Jun. 30, 2021 USD ($)
Basis of Presentation and Description of Business [Abstract]
Number Of Countries In Which Entity Operates | Countries	25		25
Number Of Reportable Segments | Segments			4
Subsidiaries [Member] | Argentina [Member]
Currency conversion impacts of hyper-inflationary accounting | $	$ 0.1	$ 0.1	$ 0.2	$ 0.3
Assets Total [Member] | Subsidiaries [Member] | Argentina [Member] | Geographic Concentration Risk [Member]
Concentration Risk, Percentage	1%		1%
Sales Revenue Net [Member] | Subsidiaries [Member] | Argentina [Member] | Geographic Concentration Risk [Member]
Concentration Risk, Percentage	1%		1%

Business Acquisitions - Narrati

Business Acquisitions - Narrative (Details) $ in Thousands, € in Millions

1 Months Ended

6 Months Ended

Jan. 31, 2022 EUR (€)

Jan. 31, 2022 USD ($)

Nov. 30, 2021 EUR (€)

Nov. 30, 2021 USD ($)

Sep. 30, 2021 EUR (€)

Sep. 30, 2021 USD ($)

Jun. 30, 2021 EUR (€)

Jun. 30, 2021 USD ($)

Feb. 28, 2021 EUR (€)

Feb. 28, 2021 USD ($)

Jun. 30, 2022 USD ($)

Jun. 30, 2021 USD ($)

Dec. 31, 2021 USD ($)

Business Acquisition [Line Items]

Intangible assets

$ 8,000

Propery, plant & equipment

1,100

Other assets acquired net of liabilities assumed

1,500

Cash Acquired

300

Payments related to acquisitions, net of cash acquired

$ 9,383

$ 29,424

Payments To Acquire Businesses Gross

7,100

Goodwill, Acquired During Period

400

1,784

Post Closing Adjustment including earnouts

3,900

Loss Contingency Accrual At Carrying Value

400

$ 400

Assets Related To Sealing And Impregnation Of Metal Castings [Member]

Business Acquisition [Line Items]

Asset Acquisition, Consideration Transferred

€ 1.2

$ 1,400

Assets Related to Hydraulic fluids, Coolants, Cleaners, and Rust Preventative oils [Member]

Business Acquisition [Line Items]

Asset Acquisition, Consideration Transferred

€ 3.2

3,700

Assets For Chemical Maskants [Member]

Business Acquisition [Line Items]

Asset Acquisition, Consideration Transferred

€ 2.3

$ 2,800

Minimum [Member]

Business Acquisition [Line Items]

Loss Contingency, Estimate of Possible Loss

0

Maximum [Member]

Business Acquisition [Line Items]

Earnouts

4,500

Loss Contingency, Estimate of Possible Loss

$ 1,500

Customer Relationships [Member]

Business Acquisition [Line Items]

Intangible assets

$ 7,200

Intangible Assets, Amortizable Life

15 years

15 years

Product technology [Member]

Business Acquisition [Line Items]

Intangible assets

$ 800

Intangible Assets, Amortizable Life

13 years

13 years

Business Related To Pickling Inhibitor Technologies [Member]

Business Acquisition [Line Items]

Intangible assets

5,600

Cash Paid for Acquisitions

8,000

Goodwill, Acquired During Period

1,800

Business Related To Pickling Inhibitor Technologies [Member] | Customer Relationships [Member]

Business Acquisition [Line Items]

Intangible assets

$ 5,100

Intangible Assets, Amortizable Life

14 years

14 years

Business Related To Pickling Inhibitor Technologies [Member] | Product technology [Member]

Business Acquisition [Line Items]

Intangible assets

$ 500

Intangible Assets, Amortizable Life

14 years

14 years

Baron Industries [Member]

Business Acquisition [Line Items]

Cash Paid for Acquisitions

$ 11,000

Tin Plating Solutions [Member]

Business Acquisition [Line Items]

Intangible assets

$ 19,600

Payments related to acquisitions, net of cash acquired

25,000

Goodwill, Acquired During Period

5,000

Tin Plating Solutions [Member] | Customer Relationships [Member]

Business Acquisition [Line Items]

Intangible assets

$ 18,300

Intangible Assets, Amortizable Life

19 years

19 years

Tin Plating Solutions [Member] | Licensed Trademark [Member]

Business Acquisition [Line Items]

Intangible assets

$ 400

Intangible Assets, Amortizable Life

3 years

3 years

Tin Plating Solutions [Member] | Product technology [Member]

Business Acquisition [Line Items]

Intangible assets

$ 900

Intangible Assets, Amortizable Life

14 years

14 years

Grindaix GmbH [Member]

Business Acquisition [Line Items]

Business Acquisition, Percentage of Voting Interests Acquired

38%

Cash Paid for Acquisitions

€ 2.4

$ 2,900

€ 1.4

$ 1,700

Payments To Acquire Businesses Gross

$ 300

Business Acquisitions - Prelimi

Business Acquisitions - Preliminary Estimated Fair Values of Coral Net Assets Acquired (Details) $ in Millions	1 Months Ended
	Nov. 30, 2021 USD ($)
Business Acquisition [Line Items]
Cash and cash equivalents	$ 0.3
Propery, plant & equipment	1.1
Intangible assets	8
Less: estimated purchase price settlement	3.9
Net cash paid for Coral	$ 7.1

Business Acquisitions - Coral -

Business Acquisitions - Coral - Narrative (Details)	1 Months Ended
	Nov. 30, 2021
Customer Relationships [Member]
Business Acquisition [Line Items]
Intangible Assets, Amortizable Life	15 years
Product technology [Member]
Business Acquisition [Line Items]
Intangible Assets, Amortizable Life	13 years

Business Segments - Narrative (

Business Segments - Narrative (Details)	6 Months Ended
	Jun. 30, 2022 Segments
Business Segment Disclosures [Abstract]
Number of reportable segments	4

Business Segments - Performance

Business Segments - Performance of reportable segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Segment Reporting Information [Line Items]
Net sales	$ 492,388	$ 435,262	$ 966,559	$ 865,045
Combination, integration and other acquisition-related expenses	(1,832)	(6,658)	(5,885)	(12,473)
Restructuring and related charges	1	(298)	(819)	(1,473)
Fair value step up of acquired inventory sold	0	0	0	(801)
Non-operating and administrative expenses	(48,579)	(43,077)	(92,042)	(84,069)
Depreciation of corporate assets and amortization	(14,822)	(15,640)	(30,011)	(31,088)
Operating income	31,903	38,816	61,306	83,710
Other (expense) income, net	(8,399)	14,010	(10,605)	18,697
Interest expense, net	(6,494)	(5,618)	(11,839)	(11,088)
Income (loss) before taxes and equity in net income of associated companies	17,010	47,208	38,862	91,319
Americas [Member]
Segment Reporting Information [Line Items]
Net sales	235,114	185,856	446,522	365,983
EMEA [Member]
Segment Reporting Information [Line Items]
Net sales	144,377	145,114	290,085	285,200
Asia Pacific [Member]
Segment Reporting Information [Line Items]
Net sales	112,897	104,292	229,952	213,862
Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	395,628	354,668	779,693	706,059
Segment operating earnings	97,135	104,489	190,063	213,614
Operating Segments [Member] | Global Specialty Businesses [Member]
Segment Reporting Information [Line Items]
Net sales	96,760	80,594	186,866	158,986
Segment operating earnings	27,841	24,209	52,876	48,378
Operating Segments [Member] | Americas [Member]
Segment Reporting Information [Line Items]
Net sales	172,747	139,673	326,891	274,544
Segment operating earnings	33,785	33,648	63,005	65,882
Operating Segments [Member] | Americas [Member] | Global Specialty Businesses [Member]
Segment Reporting Information [Line Items]
Net sales	62,367	46,183	119,631	91,439
Operating Segments [Member] | EMEA [Member]
Segment Reporting Information [Line Items]
Net sales	123,053	123,436	248,740	243,250
Segment operating earnings	13,283	23,405	30,049	48,649
Operating Segments [Member] | EMEA [Member] | Global Specialty Businesses [Member]
Segment Reporting Information [Line Items]
Net sales	21,324	21,678	41,345	41,950
Operating Segments [Member] | Asia Pacific [Member]
Segment Reporting Information [Line Items]
Net sales	99,828	91,559	204,062	188,265
Segment operating earnings	22,226	23,227	44,133	50,705
Operating Segments [Member] | Asia Pacific [Member] | Global Specialty Businesses [Member]
Segment Reporting Information [Line Items]
Net sales	13,069	12,733	25,890	25,597
Intersegment Elimination [Member] | Global Specialty Businesses [Member]
Segment Reporting Information [Line Items]
Net sales	2,000	2,100	3,700	4,100
Intersegment Elimination [Member] | Americas [Member]
Segment Reporting Information [Line Items]
Net sales	3,300	2,400	6,200	5,700
Intersegment Elimination [Member] | EMEA [Member]
Segment Reporting Information [Line Items]
Net sales	12,400	6,300	21,300	15,100
Intersegment Elimination [Member] | Asia Pacific [Member]
Segment Reporting Information [Line Items]
Net sales	$ 100	$ 400	$ 400	$ 500

Net Sales and Revenue Recogni_3

Net Sales and Revenue Recognition - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Revenues [Abstract]
Net Reporting Amount	$ 20.5	$ 16.7	$ 40.3	$ 34.5
Deferred Revenue	$ 6.6		$ 6.6		$ 7
Customer Concentration Risk [Member] | Sales Revenue Net [Member] | Top Five Customers [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage					10%
Customer Concentration Risk [Member] | Sales Revenue Net [Member] | Largest customer [Member]
Concentration Risk [Line Items]
Concentration Risk, Percentage					3%

Net Sales and Revenue Recogni_4

Net Sales and Revenue Recognition - Disaggregated Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Product Information [Line Items]
Net sales	$ 492,388	$ 435,262	$ 966,559	$ 865,045
Product sales at a point in time [Member]
Product Information [Line Items]
Net sales	471,947	416,329	925,059	825,484
Services transferred over time [Member]
Product Information [Line Items]
Net sales	20,441	18,933	41,500	39,561
Americas [Member]
Product Information [Line Items]
Net sales	235,114	185,856	446,522	365,983
Americas [Member] | Product sales at a point in time [Member]
Product Information [Line Items]
Net sales	225,135	177,227	426,419	348,821
Americas [Member] | Services transferred over time [Member]
Product Information [Line Items]
Net sales	9,979	8,629	20,103	17,162
EMEA [Member]
Product Information [Line Items]
Net sales	144,377	145,114	290,085	285,200
EMEA [Member] | Product sales at a point in time [Member]
Product Information [Line Items]
Net sales	136,622	137,838	273,825	269,000
EMEA [Member] | Services transferred over time [Member]
Product Information [Line Items]
Net sales	7,755	7,276	16,260	16,200
Asia Pacific [Member]
Product Information [Line Items]
Net sales	112,897	104,292	229,952	213,862
Asia Pacific [Member] | Product sales at a point in time [Member]
Product Information [Line Items]
Net sales	110,190	101,264	224,815	207,663
Asia Pacific [Member] | Services transferred over time [Member]
Product Information [Line Items]
Net sales	2,707	3,028	5,137	6,199
Operating Segments [Member]
Product Information [Line Items]
Net sales	395,628	354,668	779,693	706,059
Operating Segments [Member] | Metals [Member]
Product Information [Line Items]
Net sales	156,555	135,640	304,841	266,450
Operating Segments [Member] | Metalworking and other [Member]
Product Information [Line Items]
Net sales	239,073	219,028	474,852	439,609
Operating Segments [Member] | Global Specialty Businesses [Member]
Product Information [Line Items]
Net sales	96,760	80,594	186,866	158,986
Operating Segments [Member] | Americas [Member]
Product Information [Line Items]
Net sales	172,747	139,673	326,891	274,544
Operating Segments [Member] | Americas [Member] | Metals [Member]
Product Information [Line Items]
Net sales	63,373	51,799	119,533	98,592
Operating Segments [Member] | Americas [Member] | Metalworking and other [Member]
Product Information [Line Items]
Net sales	109,374	87,874	207,358	175,952
Operating Segments [Member] | Americas [Member] | Global Specialty Businesses [Member]
Product Information [Line Items]
Net sales	62,367	46,183	119,631	91,439
Operating Segments [Member] | EMEA [Member]
Product Information [Line Items]
Net sales	123,053	123,436	248,740	243,250
Operating Segments [Member] | EMEA [Member] | Metals [Member]
Product Information [Line Items]
Net sales	37,586	35,634	74,425	69,908
Operating Segments [Member] | EMEA [Member] | Metalworking and other [Member]
Product Information [Line Items]
Net sales	85,467	87,802	174,315	173,342
Operating Segments [Member] | EMEA [Member] | Global Specialty Businesses [Member]
Product Information [Line Items]
Net sales	21,324	21,678	41,345	41,950
Operating Segments [Member] | Asia Pacific [Member]
Product Information [Line Items]
Net sales	99,828	91,559	204,062	188,265
Operating Segments [Member] | Asia Pacific [Member] | Metals [Member]
Product Information [Line Items]
Net sales	55,596	48,207	110,883	97,950
Operating Segments [Member] | Asia Pacific [Member] | Metalworking and other [Member]
Product Information [Line Items]
Net sales	44,232	43,352	93,179	90,315
Operating Segments [Member] | Asia Pacific [Member] | Global Specialty Businesses [Member]
Product Information [Line Items]
Net sales	$ 13,069	$ 12,733	$ 25,890	$ 25,597

Leases - Narrative (Details)

Leases - Narrative (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Lessee, Lease, Description [Line Items]
Variable Lease Cost	$ 0	$ 0
Sublease Income	$ 0	$ 0
Land [Member]
Lessee, Lease, Description [Line Items]
Lessee Operating Lease Term Of Contract	93 years
Facilities vehicles and machinery and equipment [Member]
Lessee, Lease, Description [Line Items]
Lessee Operating Lease Term Of Contract	10 years

Leases - Supplemental Informati

Leases - Supplemental Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Lease cost
Operating Lease Cost	$ 3,519	$ 3,548	$ 6,928	$ 7,160
Short Term Lease Cost	205	283	424	534
Supplemental cash flow information related to leases
Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases	3,442	3,489	6,807	7,068
Leased assets obtained in exchange for new operating lease liabilities	3,385	$ 825	8,074	$ 3,875
Supplemental balance sheet information
Right of use lease assets	36,317		36,317		$ 36,635
Other current liabilities	10,452		10,452		9,976
Long-term lease liabilities	25,695		25,695		26,335
Total operating lease liabilities	$ 36,147		$ 36,147		$ 36,311
Weighted average remaining lease term (years)	5 years 7 months 6 days		5 years 7 months 6 days		5 years 7 months 6 days
Weighted average discount rate	4.14%		4.14%		4.22%

Leases - Maturities of Operatin

Leases - Maturities of Operating Lease Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Operating Lease Liabilities Payments Due [Abstract]
For the remainder of 2022	$ 6,201
For the year ended December 31, 2023	10,076
For the year ended December 31, 2024	7,815
For the year ended December 31, 2025	5,749
For the year ended December 31, 2026	4,449
For the year ended December 31, 2027 and beyond	6,678
Total lease payments	40,968
Less: imputed interest	(4,821)
Present value of lease liabilities	$ 36,147	$ 36,311

Restructuring and Related Act_3

Restructuring and Related Activities - Narrative (Details)	6 Months Ended
	Jun. 30, 2022 People
Restructuring Cost and Reserve [Abstract]
Restructuring And Related Cost Description	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 in the third quarter of 2019. The QH Program includes restructuring and associated severance costs to reduce total headcount by approximately 400 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 depend on a number of factors and are subject to change; however, the Company currently expects reduction in headcount and site closures under the QH Program to continue to occur throughout 2022 and into 2023. Employee separation benefits will vary depending on local regulations within certain foreign countries and will include severance and other benefits.
Restructuring And Related Cost Expected Number Of Positions Eliminated	400

Restructuring and Related Act_4

Restructuring and Related Activities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Restructuring Reserve [Roll Forward]
Restructuring and related charges	$ (1)	$ 298	$ 819	$ 1,473
QH Program [Member]
Restructuring Reserve [Roll Forward]
Accrued Restructuring, Beginning Balance			4,087
Restructuring and related charges			819
Cash Payments			(797)
Currency translation adjustments			(297)
Accrued Restructuring, Ending Balance	$ 3,812		$ 3,812

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Share Based Compensation [Line Items]
Share-based Compensation Expense	$ 2,971,000	$ 2,355,000	$ 5,433,000	$ 6,134,000
Option Award Vesting Period			3 years
Risk-free Interest Rate			2.07%
Expected Term (Years)			4 years
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross			27,077
Employee Stock Option [Member]
Share Based Compensation [Line Items]
Unrecognized Compensation Expense, Options	2,400,000		$ 2,400,000
Weighted Average Remaining Life, Nonvested Stock Awards			1 year 7 months 6 days
Restricted Stock LTIP [Member]
Share Based Compensation [Line Items]
Option Award Vesting Period			3 years
Nonvested Stock Awards Granted			25,743
Unrecognized Share-based Compensation Expense, Nonvested Stock Award	6,200,000		$ 6,200,000
Weighted Average Remaining Life, Nonvested Stock Awards			1 year 9 months 18 days
Restricted Stock Units (RSUs) LTIP Plan [Member]
Share Based Compensation [Line Items]
Nonvested Stock Awards Granted			4,490
Unrecognized Share-based Compensation Expense, Nonvested Stock Award	1,200,000		$ 1,200,000
Weighted Average Remaining Life, Nonvested Stock Awards			2 years 1 month 6 days
Combination And Other Acquisition-Related [Member]
Share Based Compensation [Line Items]
Share-based Compensation Expense	100,000	200,000	$ 200,000	500,000
Performance Stock Units [Member]
Share Based Compensation [Line Items]
Share-based Compensation Expense	815,000	$ 517,000	1,438,000	836,000
Unrecognized Compensation Expense, Options	$ 5,500,000		$ 5,500,000
Vesting Shares Target Lower Percent			0%
Vesting Shares Target Upper Percent			200%
Risk-free Interest Rate			2.11%
Expected Term (Years)			3 years
Weighted Average Remaining Life, Nonvested Stock Awards			2 years 1 month 6 days
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross			16,820
Fully vested shares	0		0
Defined Contribution Plan [Member]
Share Based Compensation [Line Items]
Defined Contribution Plan Employer Matching Contribution Percent Of Match			50%
Defined Contribution Plan, Employer Matching Contribution, Percent			6%
Defined contribution plan employer matching contribution percent maximum			3%
Defined contribution plan employer non-elective nondiscretionary contributions percent			3%
Defined Contribution Plan Employer Discretionary Contribution Amount	$ 0		$ 0	$ 1,500,000

Share-Based Compensation - Shar

Share-Based Compensation - Share-based Compensation Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total share-based compensation expense	$ 2,971	$ 2,355	$ 5,433	$ 6,134
Stock Options [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total share-based compensation expense	469	332	736	640
Non-vested stock awards and restricted stock units [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total share-based compensation expense	1,667	1,290	3,215	2,686
Non-elective and elective 401(k) matching contribution in stock [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total share-based compensation expense	0	0	0	1,553
Director stock ownership plan [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total share-based compensation expense	20	216	44	419
Performance Stock Units [Member]
Employee Service Share Based Compensation Allocation Of Recognized Period Costs [Line Items]
Total share-based compensation expense	$ 815	$ 517	$ 1,438	$ 836

Share-Based Compensation - Blac

Share-Based Compensation - Black-Scholes Option Pricing Model (Details)	6 Months Ended
	Jun. 30, 2022 shares
Black-Scholes option pricing model
Number of options granted	27,077
Dividend Yield	0.80%
Expected Volatility	38.60%
Risk-free Interest Rate	2.07%
Expected Term (Years)	4 years

Share-Based Compensation - Mont

Share-Based Compensation - Monte Carlo Simulation on Grant Date (Details)	6 Months Ended
	Jun. 30, 2022 shares
Mote Carlo option pricing model
Number of PSUs granted	27,077
Risk-free Interest Rate	2.07%
Dividend Yield	0.80%
Expected Term (Years)	4 years
Performance Stock Units [Member]
Mote Carlo option pricing model
Number of PSUs granted	16,820
Risk-free Interest Rate	2.11%
Dividend Yield	0.93%
Expected Term (Years)	3 years

Pension and Other Postretiremen

Pension and Other Postretirement Benefits - Narrative (Details) $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)
Pension Plans, Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year	$ 6.6
Other Postretirement Benefit Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Estimated Future Employer Contributions in Current Fiscal Year	0.2
Domestic plan [Member] | Other Postretirement Benefit Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Contributions by Employer	1.7
Foreign [Member] | Other Postretirement Benefit Plans Defined Benefit [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Contributions by Employer	$ 0.1

Pension and Other Postretirem_2

Pension and Other Postretirement Benefits - Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Pension Benefit [Member]
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	$ 174	$ 316	$ 354	$ 632
Interest cost	1,317	1,094	2,677	2,184
Expected return on plan assets	(2,012)	(2,093)	(4,097)	(4,175)
Actuarial loss (gain) amortization	248	857	505	1,712
Prior service cost (income) amortization	2	3	5	5
Total net periodic benefit (income) cost	(271)	177	(556)	358
Postretirement Benefits [Member]
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	8	2	0	3
Interest cost	2	10	11	21
Expected return on plan assets	0	0	0	0
Actuarial loss (gain) amortization	(23)	0	(47)	0
Prior service cost (income) amortization	(9)	0	(8)	0
Total net periodic benefit (income) cost	$ (22)	$ 12	$ (44)	$ 24

Other (Expense) Income, Net (De

Other (Expense) Income, Net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Other (Expense) Income, Net [Abstract]
Income from third party license fees	$ 249	$ 373	$ 653	$ 712
Foreign exchange losses, net	(2,026)	(838)	(3,931)	(2,316)
Gain on disposals of property, plant, equipment and other assets, net	(38)	(54)	(15)	5,356
Non-income tax refunds and other related (expense) credits	(417)	14,295	(1,739)	14,392
Pension and postretirement benefit income, non-service components	475	129	954	253
Loss on extinguishment of debt	6,763	0	6,763	0
Other Operating Income Expense Net	121	105	236	300
Total other (expense) income, net	(8,399)	14,010	(10,605)	18,697
Narrative [Abstract]
Loss on extinguishment of debt	$ (6,763)	$ 0	$ (6,763)	$ 0

Income Taxes and Uncertain In_2

Income Taxes and Uncertain Income Tax Positions 2 - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2022	Feb. 28, 2022
Income Taxes and Uncertain Tax Positions [Abstract]
Effective Income Tax Rate, Continuing Operations	8.10%	32.20%	10.90%	(28.40%)
Unrecognized Tax Benefits, Interest on Income Taxes Expense	$ (0.1)	$ 0.2	$ 0.3	$ 0.2
Accrued Interest	2.6		2.6		$ 3.1
Accrued Penalties	1.5		1.5		$ 3.1
Unrecognized Tax Benefits, Income Tax Penalties Expense	0.1	$ (0.1)	(1.5)	0.2
Unrecognized Tax Benefits, Reductions Resulting from Lapse of Applicable Statute of Limitations			3.5	$ 0.8
Unrecognized Tax Benefits	17.8		$ 17.8
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate			25%		15%
Income Tax Examination [Line Items]
Deferred Tax Liabilities	7.4		$ 7.4		$ 8.4
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Estimated Range of Change, Upper Bound	4.7		$ 4.7
Forecast [Member]
Income Tax Examination [Line Items]
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Estimated Range of Change, Upper Bound						$ 4.2
Italy [Member]
Income Tax Examination [Line Items]
Income Tax Examination Description			As previously reported, the Italian tax authorities have assessed additional tax due from the Company’s subsidiary, Quaker Italia S.r.l., relating to the tax years 2007 through 2015. The Company has filed for competent authority relief from these assessments under the Mutual Agreement Procedures (“MAP”) of the Organization for Economic Co-Operation and Development for all years except 2007. In 2020, the respective tax authorities in Italy, Spain and the Netherlands reached agreement with respect to the MAP proceedings which the Company had accepted.
Germany [Member]
Income Tax Examination [Line Items]
Unrecognized Tax Benefits Reserve	0.1		$ 0.1
Germany [Member] | Houghton [Member]
Income Tax Examination [Line Items]
Indemnification assets	0.3		$ 0.3
Internal Revenue Service (IRS) [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2017
Foreign Tax Authority [Member] | United Kingdom [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2018
Foreign Tax Authority [Member] | Brazil [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2011
Foreign Tax Authority [Member] | Spain [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2017
Foreign Tax Authority [Member] | China [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2017
Foreign Tax Authority [Member] | Italy [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2007
Income Tax Examination Liability Refund Adjustment from Settlement with Taxing Authority	0.1		$ 0.1				$ 2.6
Foreign Tax Authority [Member] | Italy [Member] | Maximum [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2015
Foreign Tax Authority [Member] | Italy [Member] | Minimum [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2007
Foreign Tax Authority [Member] | Italy [Member] | Houghton [Member]
Income Tax Examination [Line Items]
Unrecognized Tax Benefits Reserve	2.1		$ 2.1
Indemnification assets	3.6		3.6
Unrecognized Tax Benefits Period Increase			2
Tax settlement final amount due to tax authorities	3.7		$ 3.7
Foreign Tax Authority [Member] | Italy [Member] | Houghton [Member] | Maximum [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2018
Foreign Tax Authority [Member] | Italy [Member] | Houghton [Member] | Minimum [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2014
Foreign Tax Authority [Member] | Mexico [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2016
Foreign Tax Authority [Member] | India [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2018
Foreign Tax Authority [Member] | Canada [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2017
Foreign Tax Authority [Member] | Germany [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2015
Foreign Tax Authority [Member] | Germany [Member] | Houghton [Member] | Maximum [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2017
Foreign Tax Authority [Member] | Germany [Member] | Houghton [Member] | Minimum [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2015
Foreign Tax Authority [Member] | Netherlands and Spain [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2016
Income Tax Examination Liability Refund Adjustment from Settlement with Taxing Authority	$ 1.6		$ 1.6
State and Local Jurisdiction [Member]
Income Tax Examination [Line Items]
Income Tax Examination, Year under Examination			2011

Earnings Per Share - Earnings p

Earnings Per Share - Earnings per Share Calculations Basic (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Net income attributable to Quaker Chemical Corporation	$ 14,343	$ 33,570	$ 34,159	$ 72,185
Less: income allocated to participating securities	(58)	(134)	(136)	(287)
Net income available to common shareholders	$ 14,285	$ 33,436	$ 34,023	$ 71,898
Basic weighted average common shares outstanding	17,834,329	17,802,366	17,830,218	17,793,915
Basic earnings (loss) per common share	$ 0.80	$ 1.88	$ 1.91	$ 4.04

Earnings Per Share - Earnings_2

Earnings Per Share - Earnings per Share Calculations Diluted (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Net income attributable to Quaker Chemical Corporation	$ 14,343	$ 33,570	$ 34,159	$ 72,185
Less: income allocated to participating securities	(58)	(134)	(136)	(287)
Net income available to common shareholders	$ 14,285	$ 33,436	$ 34,023	$ 71,898
Basic weighted average common shares outstanding	17,834,329	17,802,366	17,830,218	17,793,915
Effect of Dilutive Securities	7,048	47,155	17,186	52,095
Diluted weighted average common shares outstanding	17,841,377	17,849,521	17,847,404	17,846,010
Diluted earnings (loss) per common share	$ 0.80	$ 1.88	$ 1.91	$ 4.03

Earnings Per Share - Earnings_3

Earnings Per Share - Earnings per Share Calculations Antidilutive Shares (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Business Acquisition [Line Items]
Antidilutive Shares	33,039	6,793	24,731	2,952

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets - Changes in Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	1 Months Ended	6 Months Ended
	Nov. 30, 2021	Jun. 30, 2022
Goodwill Roll Forward
Goodwill, Beginning Balance		$ 631,194
Goodwill additions	$ 400	1,784
Currency translation adjustments		(22,811)
Goodwill, Ending Balance		610,167
Operating Segments [Member] | Global Specialty Businesses [Member]
Goodwill Roll Forward
Goodwill, Beginning Balance		119,193
Goodwill additions		32
Currency translation adjustments		(4,894)
Goodwill, Ending Balance		114,331
Operating Segments [Member] | Americas [Member]
Goodwill Roll Forward
Goodwill, Beginning Balance		214,023
Goodwill additions		1,752
Currency translation adjustments		237
Goodwill, Ending Balance		216,012
Operating Segments [Member] | EMEA [Member]
Goodwill Roll Forward
Goodwill, Beginning Balance		135,520
Goodwill additions		0
Currency translation adjustments		(9,969)
Goodwill, Ending Balance		125,551
Operating Segments [Member] | Asia Pacific [Member]
Goodwill Roll Forward
Goodwill, Beginning Balance		162,458
Goodwill additions		0
Currency translation adjustments		(8,185)
Goodwill, Ending Balance		$ 154,273

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Gross Carrying Amounts and Accumulated Amortization for Definite-lived Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Finite Lived Intangible Assets Gross [Abstract]
Amortization	$ 14,700	$ 15,000	$ 29,200	$ 29,800
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	991,221		991,221		$ 1,023,405
Accumumlated Amortization	214,718		214,718		192,505
Customer lists and rights to sell [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	828,690		828,690		853,122
Accumumlated Amortization	167,145		167,145		147,858
Trademarks Formulations And Product Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	156,262		156,262		163,974
Accumumlated Amortization	41,640		41,640		38,747
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	6,269		6,269		6,309
Accumumlated Amortization	$ 5,933		$ 5,933		$ 5,900

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Intangible Assets - Future Amortization (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Finite-Lived Intangible Assets, Future Amortization Expense [Abstract]
For the year ended December 31, 2022	$ 57,515
For the Year ended December 31, 2023	57,349
For the Year ended December 31, 2024	56,760
For the Year ended December 31, 2025	55,970
For the Year ended December 31, 2026	55,752
For the Year ended December 31, 2027 and beyond	$ 522,946

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Indefinite Lived (Details) - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Indefinite lived intangible assets	$ 186.1
Houghton Combination [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite Lived Trademarks and Tradename	$ 185	$ 196.9

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 17, 2022	Dec. 31, 2021	Nov. 30, 2019	Aug. 01, 2019
Debt Instrument [Line Items]
Financing-related debt issuance costs			$ 3,734	$ 0
Loss on extinguishment of debt	$ (6,763)	$ 0	$ (6,763)	$ 0
Other off balance sheet arrangements			In addition to the bank letters of credit described in the “Credit facilities” subsection above, the Company’s other off-balance sheet arrangements include certain financial and other guarantees. The Company’s total bank letters of credit and guarantees outstanding as of June 30, 2022 were approximately $5 million.
Other Assets [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Current, Net	4,800		$ 4,800
Interest rate swaps [Member]
Debt Instrument [Line Items]
Derivative Liability Notional Amount							$ 170,000
Original Revolver [Member]
Debt Instrument [Line Items]
Credit facilities								$ 400,000
Debt Issuance Costs, Current, Net	15,500		$ 15,500
Debt Instrument Maturity Date Description			August 2024
Original Revolver [Member] | Other Assets [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Current, Net	8,300		$ 8,300
Original U.S. Term Loan [Member]
Debt Instrument [Line Items]
Credit facilities								600,000
Original Euro Term Loan [Member]
Debt Instrument [Line Items]
Credit facilities								$ 150,000
Amended Revolver [Member]
Debt Instrument [Line Items]
Credit facilities	500,000		500,000
Borrowings outstanding	$ 268,000		$ 268,000
Credit faclity as percentage of consolidated EBITDA	100%		100%
Letters Of Credit Outstanding Amount	$ 4,000		$ 4,000
Debt Issuance Costs, Current, Net	2,200		2,200
Amended Revolver [Member] | Other Assets [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Current, Net	1,500		1,500
Amended U.S. Term Loan [Member]
Debt Instrument [Line Items]
Credit facilities	600,000		600,000
Debt Issuance Costs, Current, Net	700		700
Amended EURO Term Loan [Member]
Debt Instrument [Line Items]
Credit facilities	150,000		150,000
Debt Issuance Costs, Current, Net	$ 700		700
Original Credit Facility and the Amended Credit Facility [Member]
Debt Instrument [Line Items]
Loss on extinguishment of debt			$ 6,800
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	2%		2%
Amended Credit Facility [Member]
Debt Instrument [Line Items]
Interest rate adjustment percentage	0.10%		0.10%
Maximum increase in borrowing capacity	$ 300,000		$ 300,000
Maximum amount of dividends and share repurchases under covenant	$ 75,000		$ 75,000
Percentage of dividends and share repurcahse of consolidated adjusted EBITDA	25%		25%
Loss on extinguishment of debt			$ 6,800
Debt Issuance Costs, Current, Net	$ 2,200		$ 2,200
Amended Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.275%
Maximum consolidated net leverage ratio quarterly basis	4		4
Consolidated net leverage ratio	2.50		2.50
Amended Credit Facility [Member] | Maximum [Member] | Term SOFR loans [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.75%
Amended Credit Facility [Member] | Maximum [Member] | Base rate loans rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			0.75%
Amended Credit Facility [Member] | Maximum [Member] | Alternative currency term rate plus the applicable rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1%
Amended Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.15%
Maximum consolidated net leverage ratio quarterly basis	1		1
Consolidated net leverage ratio	1		1
Amended Credit Facility [Member] | Minimum [Member] | Term SOFR loans [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1%
Amended Credit Facility [Member] | Minimum [Member] | Base rate loans rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			0%
Amended Credit Facility [Member] | Minimum [Member] | Alternative currency term rate plus the applicable rate [Member]
Debt Instrument [Line Items]
Debt Instrument, Basis Spread on Variable Rate			1.75%
Original Credit Facility [Member]
Debt Instrument [Line Items]
Percentage of term loan borrowings							20%
Derivative Liability Notional Amount							$ 170,000
Derivative Fixed Interest Rate	3.10%		3.10%
Derivative, Basis Spread on Variable Rate							1.64%
Debt Issuance Costs, Current, Net	$ 23,700		$ 23,700		$ 6,600	$ 8,000
Long Term Debt Term	5 years		5 years
Long-term Debt, Percentage Bearing Variable Interest, Percentage Rate	2.80%		2.80%
Original Credit Facility [Member] | Other Assets [Member]
Debt Instrument [Line Items]
Debt Issuance Costs, Current, Net					$ 3,500	4,300
Original Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.30%
Original Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Commitment Fee Percentage	0.20%
Industrial Development Bond Due 2028 [Member]
Debt Instrument [Line Items]
Debt Instrument Maturity Date Description			2028
Industrial Development Revenue Bond	$ 10,000		$ 10,000			$ 10,000
Bank lines of credit and other debt obligations [Member]
Debt Instrument [Line Items]
Line of Credit Facility, Remaining Borrowing Capacity	28,000		28,000
Letters Of Credit Outstanding Amount	$ 5,000		$ 5,000

Debt - Table (Details)

Debt - Table (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Total debt	$ 989,070	$ 901,348
Less: debt issuance costs	(2,216)	(8,001)
Less: short-term and current portion of long-term debts	(14,485)	(56,935)
Total long-term debt	$ 972,369	$ 836,412
Original Revolver [Member]
Debt Instrument [Line Items]
Interest Rate	0%	1.62%
Total debt	$ 0	$ 211,955
Original U.S. Term Loan [Member]
Debt Instrument [Line Items]
Interest Rate	0%	1.65%
Total debt	$ 0	$ 540,000
Original Euro Term Loan [Member]
Debt Instrument [Line Items]
Interest Rate	0%	1.50%
Total debt	$ 0	$ 137,616
Amended Revolver [Member]
Debt Instrument [Line Items]
Interest Rate	3.05%	0%
Total debt	$ 228,658	$ 0
Amended U.S. Term Loan [Member]
Debt Instrument [Line Items]
Interest Rate	3.08%	0%
Total debt	$ 600,000	$ 0
Amended EURO Term Loan [Member]
Debt Instrument [Line Items]
Interest Rate	1.50%	0%
Total debt	$ 148,917	$ 0
Industrial development bonds [Member]
Debt Instrument [Line Items]
Interest Rate	5.26%	5.26%
Total debt	$ 10,000	$ 10,000
Bank lines of credit and other debt obligations [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate Terms	Various	Various
Total debt	$ 1,495	$ 1,777

Debt - Debt related expenses in

Debt - Debt related expenses included within Interest expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Debt related expenses included within Interest expense:
Interest expense	$ 6,134	$ 4,813	$ 10,880	$ 9,463
Amortization of debt issuance costs	1,049	1,188	2,236	2,375
Total	$ 7,183	$ 6,001	$ 13,116	$ 11,838

Debt - Maturity Schedules (Deta

Debt - Maturity Schedules (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Long Term Debt By Maturity Abstract
For the remainder of 2022	$ 4,681
For the year ended December 31, 2023	18,723
For the year ended December 31, 2024	23,404
For the year ended December 31, 2025	37,446
For the year ended December 31, 2026	37,446
For the year ended December 31, 2027	855,875
Total payments	$ 977,575

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income - AOCI Reclassifications (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Beginning Balance	$ (70,261)	$ (53,228)	$ (63,990)	$ (26,598)
Other Comprehensive Income (Loss), before reclassifications	(75,046)	16,824	(81,330)	(7,869)
Amounts reclassified from AOCI	543	854	783	(1,369)
Related tax amounts	(482)	(393)	(709)	(107)
Ending Balance	(145,246)	(35,943)	(145,246)	(35,943)
Currency Translation Adjustments [Member]
Beginning Balance	(56,710)	(28,334)	(49,843)	(2,875)
Other Comprehensive Income (Loss), before reclassifications	(76,400)	16,157	(83,267)	(9,302)
Amounts reclassified from AOCI	0	0	0	0
Related tax amounts	0	0	0	0
Ending Balance	(133,110)	(12,177)	(133,110)	(12,177)
Defined Benefit Pension Plans [Member]
Beginning Balance	(12,676)	(22,175)	(13,172)	(23,467)
Other Comprehensive Income (Loss), before reclassifications	1,650	(260)	2,082	521
Amounts reclassified from AOCI	218	852	447	1,714
Related tax amounts	(461)	(195)	(626)	(546)
Ending Balance	(11,269)	(21,778)	(11,269)	(21,778)
Unrealized Gain (Loss) in Available-for-Sale Securities [Member]
Beginning Balance	(603)	317	397	3,342
Other Comprehensive Income (Loss), before reclassifications	(1,043)	341	(2,320)	(404)
Amounts reclassified from AOCI	325	2	336	(3,083)
Related tax amounts	151	(64)	417	741
Ending Balance	(1,170)	596	(1,170)	596
Derivative Instruments
Beginning Balance	(272)	(3,036)	(1,372)	(3,598)
Other Comprehensive Income (Loss), before reclassifications	747	586	2,175	1,316
Amounts reclassified from AOCI	0	0	0	0
Related tax amounts	(172)	(134)	(500)	(302)
Ending Balance	$ 303	$ (2,584)	$ 303	$ (2,584)

Fair Value Measurements - Asset

Fair Value Measurements - Assets Subject to Fair Value Measurement (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Company Owned Life Insurance	$ 2,112	$ 2,533
Assets Fair Value Disclosure	2,112	2,533
Level 1 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Company Owned Life Insurance	0	0
Assets Fair Value Disclosure	0	0
Level 2 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Company Owned Life Insurance	2,112	2,533
Assets Fair Value Disclosure	2,112	2,533
Level 3 [Member]
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Company Owned Life Insurance	0	0
Assets Fair Value Disclosure	$ 0	$ 0

Hedging Activities - Narrative

Hedging Activities - Narrative (Details) - Interest rate swaps [Member] - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2022	Nov. 30, 2019
Derivatives, Fair Value [Line Items]
Derivative Liability Notional Amount		$ 170
Derivative, Term of Contract	3 years

Hedging Activities - Balance Sh

Hedging Activities - Balance Sheet Classification and Fair Values (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Derivative Instruments Gain Loss [Line Items]
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net			$ (303)		$ 1,372
Interest Rate Cash Flow Hedge Derivative at Fair Value, Net					1,782
Interest Expense [Member]
Derivative Instruments Gain Loss [Line Items]
Amount and location of expense reclassified from AOCI into expense (effective portion)	$ (378)	$ (659)	(1,015)	$ (1,302)
Other accrued liabilities [Member]
Derivative Instruments Gain Loss [Line Items]
Interest Rate Cash Flow Hedge Derivative at Fair Value, Net	0		0		1,782
Prepaid expenses and other current [Member]
Derivative Instruments Gain Loss [Line Items]
Interest Rate Cash Flow Hedge Derivative at Fair Value, Net	394		394		0
Interest rate swaps [Member]
Derivative Instruments Gain Loss [Line Items]
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net			(303)		$ 1,372
Interest rate swaps [Member] | Prepaid expenses and other current [Member]
Derivative Instruments Gain Loss [Line Items]
Interest Rate Cash Flow Hedge Derivative at Fair Value, Net	$ 394		$ 394

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) R$ in Millions, $ in Millions	6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 BRL (R$)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Loss Contingencies [Line Items]
Loss Contingency Accrual At Carrying Value	$ 0.4			$ 0.4
Maximum [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	1.5
Minimum [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	0
ACP [Member] | Maximum [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	1
ACP [Member] | Minimum [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	0.1
SB Decking [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	0.3
Houghton Combination [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	5.5			$ 5.6
Houghton environmental matters [Member] | Maximum [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	6
Houghton environmental matters [Member] | Minimum [Member]
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	5
Brazilian Indirect Taxes [Member]
Loss Contingencies [Line Items]
Gain (Loss) Related To Litigation Settlement		R$ 67	$ 13.3
Interest Income Other			4.9
Fededral income tax expense foreign			$ (8.4)
Insurance claim [Member]
Loss Contingencies [Line Items]
Gain (Loss) Related To Litigation Settlement	2.1
Proceeds from Insurance Settlement, Operating Activities	0.9
Insurance Settlements Receivable	$ 2