Quaker chemical corporation (KWR)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities
Net (loss) income

-28,344

15,316

-12,981

15,649

13,900

7,883

19,771

19,370

12,787

-9,359

11,704

12,341

7,614

17,939

16,351

15,405

13,344

11,852

14,835

15,412

10,607

12,927

16,119

15,942

13,309

14,680

13,305

16,675

14,191

13,767

11,623

11,738

13,112

12,633

13,805

10,555

11,230

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

1,187

-

-

-

42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

21,197

-

-

-

4,859

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

3,136

3,194

-

3,131

3,176

3,157

3,088

3,138

3,174

3,157

3,166

3,112

3,046

3,071

3,152

3,070

3,009

3,075

3,120

3,094

3,069

3,056

3,251

3,032

2,912

3,057

2,928

3,122

2,749

2,656

Amortization

-

-

-

-

-

-

-

1,845

1,853

-

1,886

1,831

1,773

1,690

1,730

1,812

1,777

1,813

1,751

1,620

1,627

1,571

1,126

815

813

824

858

884

879

823

818

719

746

742

623

487

486

Equity in undistributed earnings of associated companies, net of dividends

-4,285

1,986

1,787

-1,844

186

-126

694

-2,841

-511

976

618

472

829

655

826

461

27

784

125

-50

-1,437

874

375

1,004

927

1,637

1,504

1,942

-921

496

696

777

381

2,229

104

-230

262

Goodwill And Intangible Asset Impairment

38,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred compensation, deferred taxes and other, net

-22,988

10,415

-10,063

-299

-6,842

3,812

-1,075

-251

428

2,023

-1,458

964

-696

-3,507

-526

2,629

980

565

-1,876

234

1,091

1,502

-1,668

396

2,944

-209

1,030

-219

-861

-2,004

516

1,435

-103

-6,421

2,825

2,195

1,967

Share-based compensation

4,682

1,819

1,370

660

1,012

877

872

892

1,083

921

1,024

1,092

1,153

1,407

1,519

1,625

1,798

1,419

1,331

1,484

1,685

1,350

1,227

1,344

1,388

1,028

981

1,112

1,040

853

876

892

1,186

838

821

986

868

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

2

-53

72

30

9

-23

81

547

52

-129

22

13

15

62

1

-65

20

-83

26

48

21

-39

28

49

48

-7

-417

222

2

33

62

-1

14

25

-17

38

40

Insurance settlement realized

229

198

318

116

190

375

199

396

85

220

96

206

240

214

195

335

279

211

248

186

115

3,121

-234

-643

-337

-257

-347

-384

0

-317

-266

-325

-483

-598

-378

-499

-365

Combination-related expenses, net of payments

-519

-196

-14,617

1,411

-1,012

3,076

1,096

-3,606

2,161

-5,415

7,061

-5,109

8,415

-654

1,157

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and adjustments

1,716

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pension and other postretirement benefits contributions

-

-

-

-

-

-

-

-

2,632

-

-

-1,824

2,263

47

477

211

2,685

-

1,019

-1,009

-10

-

-1,104

-739

1,665

-1,423

-1,323

-637

2,521

-396

-128

-406

2,357

140

-69

-742

4,910

Pension and other postretirement benefit expense

22,453

-388

455

1,325

-1,346

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-2,322

-17,271

-10,548

2,423

5,470

-11,207

3,156

5,046

5,827

-11,005

13,736

-4,603

3,813

5,779

9,727

-1,199

-2,602

-3,851

1,695

5,772

-3,428

1,883

2,498

7,176

13,387

-1,385

3,309

5,936

3,977

-2,160

-5,650

-2,733

9,764

2,168

11,998

4,914

12,478

Inventories

10,162

-9,468

-1,633

1,203

-946

-2,171

1,418

3,543

7,758

-3,137

1,391

-939

8,820

-1,871

1,354

587

1,800

-2,320

-965

-591

2,584

-3,659

1,575

1,179

6,389

-4,975

2,300

432

1,837

-4,103

-2,996

4,223

-352

-7,053

2,348

5,677

8,309

Prepaid expenses and other current assets

3,263

-6,291

8,962

2,293

-324

3,736

-4,519

1,268

1,055

-2,285

531

5,441

-755

-165

-2,296

4,347

-1,183

-2,824

-512

1,423

2,634

-671

-175

-1,186

29

1,760

-1,303

-171

457

-2,480

30

1,389

557

-556

-968

1,632

2,397

Increase Decrease In Other CurrentLiabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

IncreaseDecreaseInRestructuringReserve

-4,841

-

-

-

0

-

-

-

-

0

0

-527

-148

-1,058

-1,864

-1,821

-509

-490

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-5,275

-9,259

3,289

3,063

-6,008

-6,634

5,417

3,269

-1,862

626

11,968

-2,492

2,279

9,975

5,730

7,005

-8,647

-6,519

3,780

3,215

-9,516

-6,471

13,343

-3,329

-544

-1,955

9,606

2,776

874

-831

-4,756

1,087

1,938

-1,754

-341

2,082

4,455

Net cash provided by operating activities

20,219

46,898

13,067

22,389

20

27,883

31,163

16,987

2,746

23,961

19,969

12,510

8,322

20,776

16,951

25,152

10,874

22,613

23,501

19,232

8,086

16,650

29,786

10,051

-1,797

21,849

24,457

16,189

11,306

21,123

19,829

15,209

6,732

15,136

4,363

7,266

-7,099

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

4,892

5,433

4,568

3,007

2,537

4,071

3,193

2,173

3,449

2,840

2,790

2,711

2,531

3,643

1,934

2,205

2,172

4,918

1,838

1,863

2,414

4,676

2,855

2,464

3,057

4,109

2,128

2,479

2,723

3,978

2,334

3,245

3,178

3,203

2,273

3,166

3,475

Payments related to acquisitions, net of cash acquired

3,160

95,348

797,564

0

500

0

0

0

500

0

0

5,363

0

11,780

-40

1,900

1,384

68

24,518

0

-528

21,580

51,947

0

0

0

0

1,831

647

3,000

2,635

0

0

-

-

-

-

Proceeds from disposition of assets

0

28

5

62

8

63

135

639

29

1,510

24

28

15

132

6

22

26

5

28

22

80

23

50

70

58

122

46

332

13

52

109

20

64

172

0

51

170

Insurance settlement interest earned

31

37

54

66

65

60

55

28

19

15

14

12

9

8

8

8

8

7

8

10

10

10

11

12

11

12

12

14

14

16

18

17

18

19

19

20

22

Change in restricted cash, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-187

-327

-271

-204

-240

-176

-105

-683

-223

-631

-326

-245

-335

-370

14

-301

-248

-308

-465

-579

-359

-479

-343

Net cash used in investing activities

-8,021

-100,716

-802,073

-2,879

-2,964

-3,948

-3,003

-1,506

-3,901

-1,315

-2,752

-8,034

-2,507

-16,068

-1,693

-3,748

-3,251

-4,770

-26,080

-1,655

-1,691

-25,540

-54,518

-1,751

-2,662

-3,730

-1,735

-3,594

-3,357

-6,609

-4,594

-2,900

-2,631

-16,929

-12,159

-3,333

-2,940

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

594

-

-

-

0

-

-

-

-

Payments of long-term debt

-

-

-

-

-

-

-

-

8,166

-4,472

-2,281

6,753

0

-

-1,736

-12,951

14,687

-24,505

30,668

0

0

-

-

-

-

-

-

-

-

-

-

-

1,350

-

-

-

10,000

Borrowings (repayments) Of Lines Of Credit

205,500

-

-

-

-24,034

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings (repayments) of other long-term debt net

-185

-

-

-

86

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments Of Debt Extinguishment Costs

-9,371,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of long-term debt

9,400

-

-

-

-

-

-

90

197

-

115

-101

474

7,671

6,556

127

159

173

-12,395

11,372

1,327

262

858

16

232

502

4,726

5,125

2,438

7,960

7,918

1,565

189

-3,249

-9,789

40,171

231

Dividends paid

6,828

6,827

5,135

4,933

4,935

4,934

4,932

4,729

4,724

4,720

4,726

4,584

4,583

4,573

4,572

4,237

4,243

4,256

4,266

4,001

3,990

3,982

3,973

3,307

3,300

3,297

3,293

3,220

3,208

3,206

3,197

3,108

3,105

3,094

3,079

2,712

2,701

Stock options exercised, other

-696

637

2,107

115

-1,489

309

269

370

-866

638

-1,653

-164

-777

-875

159

158

-253

101

413

584

-50

998

-161

172

-205

203

-594

143

-59

-96

97

363

-1,288

476

483

196

-50

Payments For Repurchase Of Common Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,859

2,287

3,359

1,630

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

511

31

32

104

-16

22

91

287

23

163

28

239

0

363

83

369

-119

744

874

546

-44

-9

84

78

Noncontrolling Interest Increase From Subsidiary Equity Issuance

1,047

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to noncontrolling affiliate shareholders

751

0

0

0

0

43

0

0

834

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

186,622

45,766

833,646

-4,910

-30,372

-19,941

-15,894

-12,615

1,545

-42,706

-8,775

2,106

-5,834

-12,608

-12,674

-17,125

4,277

-31,362

35,873

-16,328

-5,080

10,548

31,632

-8,521

-3,498

-4,471

-8,280

-8,713

-4,742

-12,765

-10,274

-4,816

-2,686

-482

6,999

-4,460

7,096

Effect of foreign exchange rate changes on cash

-6,424

3,147

-2,638

-255

1,004

27

-2,822

-5,592

2,246

646

1,743

1,452

1,563

-3,297

195

-2,408

1,421

-1,583

-2,923

197

-1,708

-1,148

-2,911

3

-85

899

957

-592

-498

626

-41

-1,205

640

-1,395

-2,165

504

741

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

192,396

-4,905

42,002

14,345

-32,312

4,021

9,444

-2,726

2,636

-19,414

10,185

8,034

1,544

-11,197

2,779

1,871

13,321

-15,102

30,371

1,446

-393

510

3,989

-218

-8,042

14,547

15,399

3,290

2,709

2,375

4,920

6,288

2,055

-3,670

-2,962

-23

-2,202

Other Noncash Investing And Financing Items [Abstract]
Excess Tax Benefit From Share Based Compensation - Non Cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

706

-

-

-

0