XML 14 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 207,000 $ 176,143
Receivables, net 281,130 249,602
Inventories (Note 6) 184,012 170,424
Other current assets 24,190 23,404
Total current assets 696,332 619,573
Property, Plant and Equipment:    
Cost 1,502,133 1,446,098
Less: accumulated depreciation (928,435) (890,635)
Property, plant and equipment, net 573,698 555,463
Goodwill, net 11,284 11,265
Other intangible assets, net 15,910 17,957
Long-term investments (Note 3) 23,162 20,910
Other non-current assets (Note 18) 10,704 13,224
Total assets 1,331,090 1,238,392
Current Liabilities:    
Current maturities of long-term debt (Note 12) 19,669 18,806
Accounts payable 129,089 128,605
Accrued liabilities 95,965 95,833
Total current liabilities 244,723 243,244
Deferred income taxes 13,187 9,455
Long-term debt, less current maturities (Note 12 and 18) 306,478 312,548
Other non-current liabilities 126,970 114,761
Commitments and Contingencies (Note 7)
Equity:    
Common stock, $1 par value; authorized 60,000,000 shares; Issued shares 25,872,667 in 2016 and 25,709,391 shares in 2015 25,873 25,709
Additional paid-in capital 155,766 144,601
Accumulated other comprehensive loss (Note 10) (115,767) (125,088)
Retained earnings 643,422 580,208
Less: Common treasury stock, at cost, 3,470,084 shares in 2016 and 3,428,541 shares in 2015 (70,938) (68,446)
Total Stepan Company stockholders’ equity 638,356 556,984
Noncontrolling interests (Note 2) 1,376 1,400
Total equity 639,732 558,384
Total liabilities and equity $ 1,331,090 $ 1,238,392