XML 39 R32.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Earnings Per Share (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2015
Earnings Per Share [Abstract] |
Computation of Basic and Diluted Earnings Per Share | Below are the computations of basic and diluted earnings per share for the three and nine months ended September 30, 2015 and 2014:
(In thousands, except per share amounts) |  | Three Months Ended September 30 |  |  | Nine Months Ended September 30 |
|  | 2015 |  |  | 2014 |  |  | 2015 |  |  | 2014 |
Computation of Basic Earnings per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Stepan Company |  | $ | 24,912 |  |  | $ | 13,491 |  |  | $ | 63,096 |  |  | $ | 50,862 |
Weighted-average number of common shares outstanding |  |  | 22,732 |  |  |  | 22,726 |  |  |  | 22,731 |  |  |  | 22,754 |
Basic earnings per share |  | $ | 1.10 |  |  | $ | 0.59 |  |  | $ | 2.78 |  |  | $ | 2.24 |
Computation of Diluted Earnings per Share |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Stepan Company |  | $ | 24,912 |  |  | $ | 13,491 |  |  | $ | 63,096 |  |  | $ | 50,862 |
Weighted-average number of shares outstanding |  |  | 22,732 |  |  |  | 22,726 |  |  |  | 22,731 |  |  |  | 22,754 |
Add weighted-average net shares issuable from assumed exercise of options (under treasury stock method) (1) |  |  | 119 |  |  |  | 138 |  |  |  | 117 |  |  |  | 159 |
Add weighted-average net shares related to unvested stock awards (under treasury stock method) |  |  | 2 |  |  |  | 11 |  |  |  | 3 |  |  |  | 10 |
Weighted-average shares applicable to diluted earnings |  |  | 22,853 |  |  |  | 22,875 |  |  |  | 22,851 |  |  |  | 22,923 |
Diluted earnings per share |  | $ | 1.09 |  |  | $ | 0.59 |  |  | $ | 2.76 |  |  | $ | 2.22 |
(1) Options to purchase 90,734 and 136,170 shares of Company common stock were excluded from the computations of diluted earnings per share for the three and nine months ended September 30, 2015, respectively. Options to purchase 96,999 and 82,673 shares of Company common stock were excluded from the computations of diluted earnings per share for the three and nine months ended September 30, 2014, respectively. The options’ exercise prices were greater than the average market price for the common stock, and the effect of including the options would have been antidilutive.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration