Quaker chemical corporation (KWR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities
Net (loss) income

31,884

59,811

22,300

63,039

52,706

58,297

58,851

50,240

48,223

34,404

17,490

Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of debt issuance costs

1,979

70

241

-

-

-

-

-

-

-

-

Depreciation and amortization

44,895

19,714

19,966

-

-

-

-

-

-

-

-

Depreciation

-

-

-

12,557

12,395

12,306

12,339

12,252

11,455

9,867

9,525

Amortization

-

-

-

7,009

6,811

4,325

3,445

3,106

2,338

988

1,078

Equity in undistributed earnings of associated companies, net of dividends

2,115

-2,784

2,895

1,969

-578

3,180

4,162

2,350

2,365

294

833

Acquisition-related fair value adjustments related to inventory

11,714

0

0

-

-

-

-200

1,909

2,624

0

-

Deferred income taxes

24,242

-8,197

-3,754

-5,488

-2,401

1,007

-30

2,354

2,431

1,849

-505

Uncertain Tax Positions

958

-89

-817

-3,206

-1,122

-1,256

-1,826

-1,407

3,673

-1,130

1,266

Increase decrease in accrued non current income taxes payable

-856

8,181

-15,825

0

0

-

-

-

-

-

-

Deferred compensation, deferred taxes and other, net

-6,789

2,914

833

-424

14

3,174

-259

-156

566

-628

652

Share-based compensation

4,861

3,724

4,190

6,349

5,919

5,309

4,161

3,807

3,513

3,096

2,130

Non cash gain from purchase of equity affiliate

-

-

-

-

-

-

-

-

-

-

0

Gain on disposal of property, plant and equipment and other assets

58

657

-79

18

12

86

-200

108

86

-32

1,202

Insurance settlement realized

822

1,055

762

1,023

760

1,907

-988

-1,391

-1,840

-1,640

-1,608

Combination-related expenses, net of payments

-14,414

2,727

4,952

503

0

-

-

-

-

-

-

Restructuring and adjustments

26,678

0

0

-439

6,790

0

0

-

-

-

2,289

Pension and other postretirement benefits contributions

-

1,392

123

3,420

-

-

-862

1,427

4,239

2,636

7,929

Pension and other postretirement benefit expense

46

-

-

-

2,591

1,265

-

-

-

-

-

Increase (decrease) in cash from changes in current assets and current liabilities, net of acquisitions:
Accounts receivable

-19,926

2,822

1,941

11,705

188

24,944

11,837

-779

31,558

4,469

6,816

Inventories

-10,844

10,548

6,135

1,870

-1,292

5,484

-406

-3,228

9,281

7,153

-9,765

Prepaid expenses and other current assets

4,640

1,540

2,932

703

721

-2,003

743

-504

2,505

814

129

IncreaseDecreaseInRestructuringReserve

-8,899

0

-675

-5,252

-490

0

0

-

-

-

-4,473

Accounts payable and accrued liabilities

-8,915

190

12,381

14,063

-9,040

2,999

11,301

-2,562

4,442

5,511

16,540

Estimated taxes on income

-1,373

4,932

-3,479

-5,226

-930

862

1,881

-2,067

-2,477

564

4,363

Net cash provided by operating activities

82,374

78,779

64,762

73,753

73,432

54,690

73,801

62,893

19,666

37,547

41,603

Cash flows from investing activities
Investments in property, plant and equipment

15,545

12,886

10,872

9,954

11,033

13,052

11,439

12,735

12,117

9,354

13,834

Payments related to acquisitions, net of cash acquired

893,412

500

5,363

15,024

24,058

73,527

2,478

5,635

25,477

35,909

1,975

Proceeds from disposition of assets

103

866

1,577

186

135

201

513

245

393

229

1,666

Insurance settlement interest earned

222

162

50

32

35

44

52

69

80

5,122

5,204

Change in restricted cash, net

-

-

-

-

-725

-1,863

-936

-1,322

-1,760

1,124

-2,327

Net cash used in investing activities

-908,632

-12,358

-14,608

-24,760

-34,196

-84,471

-12,416

-16,734

-35,361

-41,036

-6,612

Cash flows from financing activities
Net decrease in short-term borrowings

-

-

-

-

-

-

-

-315

-254

-1,456

-1,755

Payments of long-term debt

750,000

0

0

-

6,163

58,771

0

0

0

9,841

3,500

Borrowings (repayments) Of Lines Of Credit

147,135

-21,120

566

-

-

-

-

-

-

-

-

Repayment of long-term debt

-

-

-

14,513

477

1,368

12,791

17,632

27,364

636

23,973

Repayments on other debt, net

-8,798

-5,671

-3,419

-

-

-

-

-

-

-

-

Financing-related debt issuance costs

23,747

0

0

-

-

-

-

-

-

-

-

Dividends paid

21,830

19,319

18,613

17,625

16,513

14,562

13,018

12,616

11,586

10,449

10,111

Stock options exercised, other

1,370

82

-1,956

-811

1,048

804

-307

-924

1,105

5,500

412

Proceeds from sale of common stock, net of related expenses

-

-

-

-

-

-

-

-

48,143

0

0

Payments For Repurchase Of Common Stock

-

-

-

5,859

7,276

0

0

-

-

-

-

Excess tax benefit from stock option exercises

-

-

-

678

384

453

815

2,045

109

2,558

0

Payments To Acquire Additional Interest In Subsidiaries

0

0

31,787

0

0

7,422

0

0

-

-

-

Business Acquisition Contingent Consideration Actual Cash Payment

-

-

-

-

226

4,709

0

0

-

-

-

Distributions to noncontrolling affiliate shareholders

0

877

0

0

0

1,806

905

1,099

1,000

1,021

890

Net cash used in financing activities

844,130

-46,905

-55,209

-38,130

-16,897

30,161

-26,206

-30,541

9,153

4,337

-32,817

Effect of foreign exchange rate changes on cash

1,258

-6,141

5,404

-4,089

-6,017

-4,141

766

20

-2,315

-133

1,985

Net increase (decrease) in cash, cash equivalents and restricted cash

19,130

13,375

349

6,774

16,322

-3,761

35,945

15,638

-8,857

715

4,159

Supplemental Cash Flow Information [Abstract]
Income Taxes Paid

15,499

19,617

21,544

25,043

20,996

22,713

17,744

13,190

9,110

7,799

5,113

Interest

19,553

2,417

2,767

2,481

2,223

1,894

1,776

2,809

3,298

4,884

180

Other Noncash Investing And Financing Items [Abstract]
Restricted Insurance Receivable

-

-

-

-

-

-

-

-

-

5,000

5,000

Capital Expenditures Incurred But Not Yet Paid

1,978

281

240

363

209

-1,158

1,287

0

0

-

-

Property, plant and equipment acquired by capital lease

-

-

-

-

-

-

-

-

-

848

432