v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 167,006 $ 179,829
Accounts receivable, net 487,955 417,157
Inventories    
Raw materials and supplies 146,013 124,751
Work-in-process and finished goods 173,599 141,025
Prepaid expenses and other current assets 74,468 58,428
Total current assets 1,049,041 921,190
Property, plant and equipment, at cost 631,861 604,787
Less: Accumulated depreciation (312,812) (291,364)
Property, plant and equipment, net 319,049 313,423
Right-of-use lease assets 51,256 38,737
Goodwill 506,772 501,720
Other intangible assets, net 813,174 873,540
Investments in associated companies 117,998 106,915
Deferred tax assets 11,258 12,128
Other non-current assets 46,784 30,283
Total assets 2,915,332 2,797,936
Current liabilities    
Short-term borrowings and current portion of long-term debt 20,532 35,657
Accounts payable 233,814 198,929
Dividends payable 9,111 8,804
Accrued compensation 51,799 41,192
Accrued restructuring 9,149 8,351
Accrued pension and postretirement benefits 2,115 2,126
Other accrued liabilities 98,993 85,097
Total current liabilities 425,513 380,156
Long-term debt 871,462 834,901
Long-term lease liabilities 35,494 22,759
Deferred tax liabilities 128,162 140,814
Non-current accrued pension and postretirement benefits 18,641 20,615
Other non-current liabilities 18,978 22,192
Total liabilities 1,498,250 1,421,437
Commitments and contingencies (Note 18)
Equity    
Common stock $1 par value; authorized 30,000,000 shares; issued and outstanding September 30, 2026 – 17,191,225 shares; December 31, 2025 – 17,331,779 shares 17,191 17,332
Capital in excess of par value 856,031 874,826
Retained earnings 646,422 596,616
Accumulated other comprehensive loss (105,978) (115,661)
Total Quaker shareholders’ equity 1,413,666 1,373,113
Noncontrolling interest 3,416 3,386
Total equity 1,417,082 1,376,499
Total liabilities and equity $ 2,915,332 $ 2,797,936