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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Net sales $ 500,148 $ 474,171
Cost of goods sold (excluding amortization expense - See Note 13) 326,698 328,100
Gross profit 173,450 146,071
Selling, general and administrative expenses 119,549 111,795
Restructuring and related charges, net 3,972 820
Combination, integration and other acquisition-related expenses 0 4,053
Operating income 49,929 29,403
Other expense, net (2,239) (2,206)
Interest expense, net (13,242) (5,345)
Income before taxes and equity in net income of associated companies 34,448 21,852
Taxes on income before equity in net income of associated Companies 9,533 2,866
Income before equity in net income of associated Companies 24,915 18,986
Equity in net income of associated companies 4,626 835
Net income 29,541 19,821
Less: Net income attributable to noncontrolling interest 7 5
Net income attributable to Quaker Chemical Corporation $ 29,534 $ 19,816
Per share data:    
Net income attributable to Quaker Chemical Corporation common shareholders – basic (in dollars per share) $ 1.64 $ 1.11
Net income attributable to Quaker Chemical Corporation common shareholders – diluted (in dollars per share) 1.64 1.11
Dividends declared (in dollars per share) $ 0.435 $ 0.415