XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 197,809 $ 225,743
Receivables, net 287,491 263,408
Inventories (Note 6) 189,777 173,663
Other current assets 24,525 22,727
Total current assets 699,602 685,541
Property, Plant and Equipment:    
Cost 1,534,929 1,513,478
Less: Accumulated depreciation (950,822) (930,764)
Property, plant and equipment, net 584,107 582,714
Goodwill, net 25,802 25,308
Other intangible assets, net 21,716 22,339
Long-term investments (Note 3) 25,560 24,055
Other non-current assets 13,645 13,933
Total assets 1,370,432 1,353,890
Current Liabilities:    
Current maturities of long-term debt (Note 12) 27,848 28,154
Accounts payable 163,751 158,316
Accrued liabilities 80,011 110,795
Total current liabilities 271,610 297,265
Deferred income taxes 15,190 12,497
Long-term debt, less current maturities (Note 12) 288,898 288,859
Other non-current liabilities 120,177 119,353
Commitments and Contingencies (Note 7)
Equity:    
Common stock, $1 par value; authorized 60,000,000 shares; Issued 25,970,037 shares in 2017 and 25,894,782 shares in 2016 25,970 25,895
Additional paid-in capital 161,113 158,042
Accumulated other comprehensive loss (Note 10) (116,461) (127,465)
Retained earnings 676,377 649,070
Less: Common treasury stock, at cost, 3,501,313 shares in 2017 and 3,470,084 shares in 2016 (73,766) (70,938)
Total Stepan Company stockholders’ equity 673,233 634,604
Noncontrolling interests (Note 2) 1,324 1,312
Total equity 674,557 635,916
Total liabilities and equity $ 1,370,432 $ 1,353,890