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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Statement Of Income And Comprehensive Income [Abstract]      
Net Income [1] $ 103,101 $ 111,105 [2],[3] $ 100,743 [3]
Other Comprehensive Income (Loss):      
Foreign currency translation adjustments (Note 20) 4,425 (37,966) 26,293
Defined benefit pension plans:      
Net actuarial gain (loss) arising in period (net of taxes of $1,263, $2,300 and $771 for 2019, 2018 and 2017, respectively) 4,112 (7,080) (582)
Amortization of prior service cost included in pension expense (net of taxes of $3, $3 and $4 for 2019, 2018 and 2017, respectively) 9 10 10
Amortization of actuarial loss included in pension expense (net of taxes of $657, $979 and $1,240 for 2019, 2018 and 2017, respectively) 2,082 3,080 2,269
Net defined benefit pension plan activity (Note 20) 6,203 (3,990) 1,697
Cash flow hedges:      
Reclassifications to income in period (9) (10) (9)
Net cash flow hedge activity (Note 20) (9) (10) (9)
Other Comprehensive Income (Loss) 10,619 (41,966) 27,981
Comprehensive Income [1] 113,720 69,139 128,724
Comprehensive (Income) Loss Attributable to Noncontrolling Interests 47 58 (48)
Comprehensive Income Attributable to Stepan Company [1] $ 113,767 $ 69,197 $ 128,676
[1] The 2018 and 2017 amounts for the noted line items have been retrospectively changed from the amounts originally reported as a result of the Company’s first quarter 2019 change in method of accounting for U.S. inventory valuation from LIFO to FIFO.
[2] The 2018 amounts for the noted line items have been retrospectively changed from the amounts originally reported as a result of the Company’s first quarter 2019 change in method of accounting for U.S. inventory valuation from LIFO to FIFO
[3] The retained earnings and net income amounts for the noted line items have been retrospectively changed from the amounts originally reported as a result of the Company’s first quarter 2019 change in method of accounting for U.S. inventory valuation from LIFO to FIFO.