XML 14 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 244,581 $ 298,894
Receivables, net 325,276 293,541
Inventories (Note 6) 187,737 172,748
Other current assets 24,416 23,553
Total current assets 782,010 788,736
Property, Plant and Equipment:    
Cost 1,642,783 1,603,286
Less: Accumulated depreciation (1,026,732) (1,004,843)
Property, plant and equipment, net 616,051 598,443
Goodwill, net 25,113 25,118
Other intangible assets, net 17,731 18,538
Long-term investments (Note 3) 26,725 28,270
Other non-current assets 13,003 11,756
Total assets 1,480,633 1,470,861
Current Liabilities:    
Current maturities of long-term debt (Note 13) 22,640 22,500
Accounts payable 202,432 204,977
Accrued liabilities 74,482 92,776
Total current liabilities 299,554 320,253
Deferred income taxes 11,932 10,962
Long-term debt, less current maturities (Notes 13) 268,173 268,299
Other non-current liabilities 125,548 130,433
Commitments and Contingencies (Note 7)
Equity:    
Common stock, $1 par value; authorized 60,000,000 shares; issued 26,268,311 shares in 2018 and 26,070,787 shares in 2017 26,268 26,071
Additional paid-in capital 175,211 170,408
Accumulated other comprehensive loss (Note 10) (90,028) (99,563)
Retained earnings 747,174 721,741
Less: Common treasury stock, at cost, 3,622,533 shares in 2018 and 3,561,509 shares in 2017 (84,042) (78,561)
Total Stepan Company stockholders’ equity 774,583 740,096
Noncontrolling interests (Note 2) 843 818
Total equity 775,426 740,914
Total liabilities and equity $ 1,480,633 $ 1,470,861