Annual report pursuant to Section 13 and 15(d)

Reportable Segments - Reconciliation of Net Income to Adjusted EBITDA (Details)

v3.19.3.a.u2
Reportable Segments - Reconciliation of Net Income to Adjusted EBITDA (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Segment Reporting Information                      
Net income attributable to PQ Group Holdings Inc. $ 19,101 $ 26,713 $ 30,574 $ 3,151 $ 28,119 $ 14,185 $ 15,782 $ 214 $ 79,539 $ 58,300 $ 57,603
Provision (benefit) for income taxes                 40,699 28,995 (119,197)
Interest expense, net                 111,525 113,723 179,044
Depreciation and amortization                 182,090 185,234 177,140
Segment EBITDA                 413,853 386,252 294,590
Charges related to purchase accounting fair value adjustments                 (7,534) (6,634)  
Debt extinguishment costs                 3,400 7,751 61,886
Net loss on asset disposals                 (13,068) 6,574 5,793
Foreign currency exchange loss                 2,787 13,810 25,786
Management advisory fees                 0 0  
Transaction and other related costs                 3,541 776 7,415
Equity-based compensation                 18,225 19,464 8,799
Gain on contract termination                 0 (20,612) 0
Corporate, non-segment                      
Segment Reporting Information                      
Unallocated corporate expenses                 40,070 36,970 30,422
Segment reconciling items                      
Segment Reporting Information                      
Joint venture depreciation, amortization, and interest                 14,705 12,592 11,070
Charges related to purchase accounting fair value adjustments                 7,534 6,634 8,600
Amortization of inventory step-up                 0 1,603 871
Impairment of fixed assets, intangibles and goodwill                 1,600 0 0
Debt extinguishment costs                 3,400 7,751 61,886
Net loss on asset disposals                 (13,068) 6,574 5,793
Foreign currency exchange loss                 2,787 13,810 25,786
LIFO expense                 11,099 8,366 3,708
Management advisory fees                 0 0 3,777
Transaction and other related costs                 3,642 893 7,425
Equity-based compensation                 18,225 19,464 8,799
Restructuring, integration and business optimization expenses                 4,076 14,019 13,174
Defined benefit pension plan cost                 3,126 (796) 2,940
Gain on contract termination                 0 (20,612) 0
Other                 3,375 7,403 4,874
Operating segments                      
Segment Reporting Information                      
Segment Adjusted EBITDA                 $ 514,424 $ 500,923 $ 483,715