Other (expense) income, net

6 Months Ended

Jun. 30, 2025

Other Income and Expenses [Abstract]

Other (Expense) Income, net

The components of Other (expense) income, net are as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Non-income tax refunds and other related credits	$	132	$	868	$	300	$	3,023
(Loss) gain on disposals of property, plant, equipment and other assets, net	(40)		510		2,108		917
Foreign exchange losses, net	(1,083)		(727)		(4,601)		(1,175)
Pension and postretirement benefit costs, non-service components	(448)		(464)		(882)		(929)
Product liability claim costs, net	—		—		—		(896)
Earnout liability adjustment	(340)		—		(340)		—
Interest income	752		—		1,412		—
Other non-operating income, net	374		235		641		562
Total other (expense) income, net	$	(653)	$	422	$	(1,362)	$	1,502

(Loss) gain on disposals of property, plant, equipment and other assets, net, includes the gain of $2.2 million recognized for the sale of certain property previously classified as held for sale during the six months ended June 30, 2025. See Note 7, Restructuring and Related Activities, for more information.

Foreign exchange losses, net includes a $0.6 million foreign exchange gain and a $1.4 million foreign exchange loss, respectively, during the three and six months ended June 30, 2025 relating to the change in fair value of the foreign exchange forward contracts entered into in connection with the acquisition of Dipsol. See Note 17, Hedging Activities, for more information.

Product liability claim costs, net represents expense related to payments to the Company in connection with a product liability dispute with a customer, net of insurance recoveries during the six months ended June 30, 2024.

QUAKER CHEMICAL CORP 10-Q