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Acquisitions (Tables)
12 Months Ended
Dec. 31, 2015
Business And Asset Acquisition [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 2013 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

 

Net Sales

 

$

1,907,607

 

Net Income Attributable to Stepan Company

 

$

73,609

 

Net Income Per Common Share Attributable to

   Stepan Company:

 

 

 

 

Basic

 

$

3.25

 

Diluted

 

$

3.21