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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 298,894 $ 225,743
Receivables, less allowances of $10,116 in 2017 and $9,755 in 2016 293,541 263,408
Inventories (Note 5) 172,748 173,663
Other current assets 23,553 22,727
Total current assets 788,736 685,541
Property, Plant and Equipment:    
Land 17,136 15,779
Buildings and improvements 203,879 184,773
Machinery and equipment 1,324,415 1,241,838
Construction in progress 57,856 71,088
Property, Plant and Equipment, Gross 1,603,286 1,513,478
Less: accumulated depreciation (1,004,843) (930,764)
Property, plant and equipment, net 598,443 582,714
Goodwill, net (Note 4) 25,118 25,308
Other intangible assets, net (Note 4) 18,538 22,339
Long-term investments (Note 2) 28,270 24,055
Other non-current assets 11,756 13,933
Total Assets 1,470,861 1,353,890
Current Liabilities:    
Current maturities of long-term debt (Note 6) 22,500 28,154
Accounts payable 204,977 158,316
Accrued liabilities (Note 14) 92,776 110,795
Total current liabilities 320,253 297,265
Deferred income taxes (Note 9) 10,962 12,497
Long-term debt, less current maturities (Note 6) 268,299 288,859
Other non-current liabilities (Note 15) 130,433 119,353
Commitments and Contingencies (Note 16)
Equity (Note 10):    
Common stock, $1 par value; authorized 60,000,000 shares; issued 26,070,787 shares in 2017 and 25,894,782 shares in 2016 26,071 25,895
Additional paid-in capital 170,408 158,042
Accumulated other comprehensive loss (Note 19) (99,563) (127,465)
Retained earnings 721,741 649,070
Less: Common treasury stock, at cost, 3,561,509 shares in 2017 and 3,470,084 shares in 2016 (78,561) (70,938)
Total Stepan Company stockholders’ equity 740,096 634,604
Noncontrolling interests 818 1,312
Total equity 740,914 635,916
Total Liabilities and Equity $ 1,470,861 $ 1,353,890