Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 201,918	$ 188,880
Accounts receivable, net	437,411	400,126
Inventories
Raw materials and supplies	123,854	112,457
Work-in-process and finished goods	140,493	115,015
Prepaid expenses and other current assets	70,431	59,939
Total current assets	974,107	876,417
Property, plant and equipment, at cost	564,462	483,033
Less: Accumulated depreciation	(277,951)	(253,501)
Property, plant and equipment, net	286,511	229,532
Right-of-use lease assets	40,610	34,120
Goodwill	502,438	518,894
Other intangible assets, net	908,297	827,098
Investments in associated companies	104,488	98,012
Deferred tax assets	9,251	9,216
Other non-current assets	23,108	17,360
Total assets	2,848,810	2,610,649
Current liabilities
Short-term borrowings and current portion of long-term debt	37,867	37,554
Accounts payable	203,606	198,137
Dividends payable	8,436	8,572
Accrued compensation	36,398	50,212
Accrued restructuring	7,646	2,297
Accrued pension and postretirement benefits	2,253	2,328
Other accrued liabilities	83,853	80,668
Total current liabilities	380,059	379,768
Long-term debt	897,953	669,614
Long-term lease liabilities	24,315	20,028
Deferred tax liabilities	151,038	138,828
Non-current accrued pension and postretirement benefits	24,491	23,783
Other non-current liabilities	25,499	24,445
Total liabilities	1,503,355	1,256,466
Commitments and contingencies (Note 18)
Equity
Common stock $1 par value; authorized 30,000,000 shares; issued and outstanding June 30, 2025 – 17,394,128 shares; December 31, 2024 – 17,673,607 shares	17,394	17,674
Capital in excess of par value	876,969	903,781
Retained earnings	563,063	633,731
Accumulated other comprehensive loss	(115,181)	(201,619)
Total Quaker shareholders’ equity	1,342,245	1,353,567
Noncontrolling interest	3,210	616
Total equity	1,345,455	1,354,183
Total liabilities and equity	$ 2,848,810	$ 2,610,649