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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Retained Earnings [Member]
Noncontrolling Interests' Equity [Member]
Beginning Balance at Dec. 31, 2013 $ 553,741 $ 25,564 $ 135,693 $ (58,269) $ (29,528) $ 478,826 $ 1,455
Issuance of common stock under stock option plan 1,754 67 1,687        
Purchase of common stock (7,924)     (7,924)      
Stock-based and deferred compensation 1,493 9 1,553 (69)      
Net Income 57,081         57,101 (20)
Other comprehensive income (54,454)       (54,417)   (37)
Cash dividends paid:              
Common stock (15,387)         (15,387)  
Non-qualified stock option and stock award income tax benefit 640   640        
Ending Balance at Dec. 31, 2014 536,944 25,640 139,573 (66,262) (83,945) 520,540 1,398
Issuance of common stock under stock option plan 777 45 732        
Purchase of common stock (2,000)     (2,000)      
Stock-based and deferred compensation 3,694 24 3,854 (184)      
Net Income 76,037         75,968 69
Other comprehensive income (41,210)       (41,143)   (67)
Cash dividends paid:              
Common stock (16,300)         (16,300)  
Non-qualified stock option and stock award income tax benefit 442   442        
Ending Balance at Dec. 31, 2015 558,384 25,709 144,601 (68,446) (125,088) 580,208 1,400
Issuance of common stock under stock option plan 4,017 168 3,849        
Purchase of common stock (2,408)     (2,408)      
Stock-based and deferred compensation 9,526 18 9,592 (84)      
Net Income 86,198 [1]         86,191 7
Other comprehensive income (2,472)       (2,377)   (95)
Cash dividends paid:              
Common stock (17,329)         (17,329)  
Ending Balance at Dec. 31, 2016 $ 635,916 $ 25,895 $ 158,042 $ (70,938) $ (127,465) $ 649,070 $ 1,312
[1] The amounts for net income, net income attributable to Stepan Company and net income attributable to Stepan Company per diluted share for the first, second and third quarters of 2016 have been changed from the amounts originally reported as a result of the Company’s early adoption of ASU No. 2016-9, Compensation – Stock Compensation (Topic 718): Improvement to Employee Share-Based Payment Accounting. See Note 1 for additional information regarding ASU No. 2016-9. Below are the originally reported amounts for the items that changed: 2016 (In thousands, except per share data) First Second Third Net Income $27,657 $27,870 $20,432 Net Income Attributable to Stepan Company 27,654 27,865 20,427 Per Diluted Share 1.21 1.21 0.89