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Earnings Per Share | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings Per Share | 10. EARNINGS PER SHARE Below are the computations of basic and diluted earnings per share for the three months ended March 31, 2023 and 2022:
(In thousands, except per share amounts) |  | Three Months Ended March 31, |
|  | 2023 |  |  | 2022 |
Computation of Basic Earnings per Share |  |  |  |  |  |
Net income attributable to Stepan Company |  | $ | 16,142 |  |  | $ | 44,809 |
Weighted-average number of common shares outstanding |  |  | 22,757 |  |  |  | 22,896 |
Basic earnings per share |  | $ | 0.71 |  |  | $ | 1.96 |
Computation of Diluted Earnings per Share |  |  |  |  |  |
Net income attributable to Stepan Company |  | $ | 16,142 |  |  | $ | 44,809 |
Weighted-average number of shares outstanding |  |  | 22,757 |  |  |  | 22,896 |
Add weighted-average net shares from assumed exercise of options (under treasury stock method)(1) |  |  | 99 |  |  |  | 99 |
Add weighted-average net shares related to unvested stock awards (under treasury stock method) |  |  | 1 |  |  |  | — |
Add weighted-average net shares from assumed exercise of SARs (under treasury stock method)(1) |  |  | 108 |  |  |  | 120 |
Add weighted-average contingently issuable net shares related to performance stock awards (under treasury stock method) |  |  | 29 |  |  |  | 52 |
Weighted-average shares applicable to diluted earnings |  |  | 22,994 |  |  |  | 23,167 |
Diluted earnings per share |  | $ | 0.70 |  |  | $ | 1.93 |
(1) 403,711 and 364,350 options/SARs to acquire shares of the Company's common stock were excluded from the computation of dilutive earnings per share for the three months ended March 31, 2023 and 2022, respectively. The options/SARs' exercise prices were greater than the average market price for the Company's common stock and inclusion of the instruments would have had an antidilutive effect on the computations of the earnings per share.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
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