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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2014
Business Combinations [Abstract]  
Summary of Assets Acquired and Liabilities Assumed

The following table summarizes the assets acquired and liabilities assumed:

 

(Dollars in thousands)

  

June 1, 2013

 

Assets:

  

 

 

 

Inventory

  

$

9,002

  

Property, plant and equipment

  

 

37,000

  

Identifiable intangible assets

  

 

17,800

  

Goodwill

  

 

4,642

  

Total assets acquired

  

$

68,444

  

 

  

 

 

 

Liabilities:

  

 

 

 

Accrued expenses

  

 

232

  

Net assets acquired

  

$

68,212

  

 

Summary of Pro Forma Financial Information

The following is pro forma financial information prepared under the assumption that the acquisition of the BMS North American polyester resins business occurred on January 1, 2012:

Pro Forma Financial Information

Unaudited

 

 

  

Year Ended
December 31

 

(In thousands, except per share amounts)

  

2013

 

  

2012

 

Net Sales

  

$

1,907,607

  

  

$

1,866,209

  

Net Income Attributable to Stepan Company

  

$

73,609

  

  

$

80,353

  

Net Income Per Common Share Attributable to Stepan Company:

  

 

 

 

  

 

 

 

Basic

  

$

3.25

  

  

$

3.75

  

Diluted

  

$

3.21

  

  

$

3.54