Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2011

Goodwill and Intangible Assets [Abstract]

Schedule of intangible assets

The following table summarizes intangible assets with determinable useful lives by major category as of December 31, 2011 and 2010:

	Weighted		2011					2010
(in thousands except	Average
weighted average	Amortization				Accumulated					Accumulated
amortization years)	Years		Cost		Amortization			Cost		Amortization
Technological know-how		20.0	$	8,776	$	(4,622	)	$	8,840	$	(4,242	)
Customer relationships		20.0		7,838		(3,399	)		7,222		(3,078	)
Patents, trademarks, non-compete agreements and other		17.6		9,279		(5,212	)		9,438		(4,961	)
Total finite-lived intangibles		19.2	$	25,893	$	(13,233	)	$	25,500	$	(12,281	)

Changes in goodwill by business segment

The changes in goodwill for the years ended December 31, 2011 and 2010, by reportable business segment, were as follows:

	Flavors &						Corporate
(in thousands)	Fragrances			Color			& Other		Consolidated
Balance as of December 31, 2009	$	139,091		$	313,253		$	3,651	$	455,995
Currency translation impact		(2,699	)		(8,638	)		457		(10,880	)
Balance as of December 31, 2010		136,392		$	304,615			4,108		445,115
Goodwill of acquired business		-			7,962			-		7,962
Currency translation impact		(3,700	)		(5,198	)		186		(8,712	)
Balance as of December 31, 2011	$	132,692		$	307,379		$	4,294	$	444,365