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Earnings Per Share (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Computations 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, 2024 and 2023:
(In thousands, except per share amounts) |  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Computation of Basic Earnings per Share |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Stepan Company |  | $ | 23,606 |  |  | $ | 12,571 |  |  | $ | 47,020 |  |  | $ | 41,397 |
Weighted-average number of common shares outstanding |  |  | 22,836 |  |  |  | 22,786 |  |  |  | 22,829 |  |  |  | 22,770 |
Basic earnings per share |  | $ | 1.03 |  |  | $ | 0.55 |  |  | $ | 2.06 |  |  | $ | 1.82 |
Computation of Diluted Earnings per Share |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Stepan Company |  | $ | 23,606 |  |  | $ | 12,571 |  |  | $ | 47,020 |  |  | $ | 41,397 |
Weighted-average number of shares outstanding |  |  | 22,836 |  |  |  | 22,786 |  |  |  | 22,829 |  |  |  | 22,770 |
Add weighted-average net shares from assumed exercise of options (under treasury stock method)(1) |  |  | 25 |  |  |  | 54 |  |  |  | 36 |  |  |  | 75 |
Add weighted-average net shares related to unvested stock awards (under treasury stock method) |  |  | 9 |  |  |  | 3 |  |  |  | 7 |  |  |  | 2 |
Add weighted-average net shares from assumed exercise of SARs (under treasury stock method)(1) |  |  | 28 |  |  |  | 53 |  |  |  | 42 |  |  |  | 78 |
Add weighted-average contingently issuable net shares related to performance stock awards (under treasury stock method) |  |  | 25 |  |  |  | 34 |  |  |  | 22 |  |  |  | 31 |
Weighted-average shares applicable to diluted earnings |  |  | 22,923 |  |  |  | 22,930 |  |  |  | 22,936 |  |  |  | 22,956 |
Diluted earnings per share |  | $ | 1.03 |  |  | $ | 0.55 |  |  | $ | 2.05 |  |  | $ | 1.80 |
(1) 883,188 and 860,788 options/SARs to acquire shares of the Company's common stock were excluded from the computation of dilutive earnings per share for the three and nine months ended September 30, 2024, 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. 822,271 and 623,648 options/SARs to acquire shares of the Company's common stock were excluded from the computation of dilutive earnings per share for the three and nine months ended September 30, 2023, respectively.

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- 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/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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