XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 256,736 $ 298,894
Receivables, net 312,220 293,541
Inventories (Note 6) 188,461 172,748
Other current assets 23,136 23,553
Total current assets 780,553 788,736
Property, Plant and Equipment:    
Cost 1,632,103 1,603,286
Less: Accumulated depreciation (1,032,955) (1,004,843)
Property, plant and equipment, net 599,148 598,443
Goodwill, net 22,972 25,118
Other intangible assets, net 16,035 18,538
Long-term investments (Note 3) 27,229 28,270
Other non-current assets 12,848 11,756
Total assets 1,458,785 1,470,861
Current Liabilities:    
Current maturities of long-term debt (Note 13) 24,312 22,500
Accounts payable 201,313 204,977
Accrued liabilities 80,088 92,776
Total current liabilities 305,713 320,253
Deferred income taxes 14,060 10,962
Long-term debt, less current maturities (Notes 13) 262,504 268,299
Other non-current liabilities 114,474 130,433
Commitments and Contingencies (Note 7)
Equity:    
Common stock, $1 par value; authorized 60,000,000 shares; 26,278,816 issued shares in 2018 and 26,070,787 issued shares in 2017 26,279 26,071
Additional paid-in capital 177,779 170,408
Accumulated other comprehensive loss (Note 10) (124,290) (99,563)
Retained earnings 775,031 721,741
Less: Common treasury stock, at cost, 3,756,309 shares in 2018 and 3,561,509 shares in 2017 (93,559) (78,561)
Total Stepan Company stockholders’ equity 761,240 740,096
Noncontrolling interests (Note 2) 794 818
Total equity 762,034 740,914
Total liabilities and equity $ 1,458,785 $ 1,470,861