Acquisitions (Tables)

9 Months Ended

Sep. 30, 2021

2021 Acquisitions [Member]

Business Acquisition [Line Items]

Summary of Purchase Price Allocation for Major Components of Acquisition

The following table summarizes the purchase price allocation for the major components of the acquisition:

(In thousands)
Assets:
Property, plant and equipment	$	54,200
Identifiable intangibles assets		46,000
Goodwill		64,800
Total assets acquired	$	165,000

Summary of Pro forma Financial Information

The following table reflects pro forma financial information prepared under the assumption that the acquisition of the INVISTA aromatic polyester polyol business occurred on January 1, 2020.

Pro Forma Financial Information

Unaudited

	Three Months Ended September 30				Nine Months Ended September 30
(In thousands)	2021		2020		2021		2020
Net Sales	$	602,688	$	491,480	$	1,748,378	$	1,448,316
Net Income Attributable to Stepan Company	$	37,299	$	36,105	$	123,931	$	99,430

2020 Acquisitions [Member]

Business Acquisition [Line Items]

Summary of Purchase Price Allocation for Major Components of Acquisition

The following table summarizes the purchase price allocation for the acquisition:

(In thousands)
Assets:
Identifiable intangible assets:
Customer lists	$	8,000
Trademarks and know-how		1,300
Non-compete agreement		300
Goodwill		5,165
Property, plant and equipment		175
Total assets acquired		14,940
Liabilities:
Other non-current liabilities		940
Total liabilities assumed		940
Net assets acquired	$	14,000