Restructuring (Tables)

6 Months Ended

Jun. 30, 2015

Restructuring [Abstract]

Restructuring cost by segment

The following table summarizes the restructuring and other costs by segment and discontinued operations for the three and six months ended June 30, 2015 and 2014:

	Three Months Ended June 30,
(In thousands)	2015		2014
Flavors & Fragrances	$	7,191	$	9,068
Color		1,422		-
Corporate & Other		1,009		2,500
Total Continuing Operations		9,622		11,568
Discontinued Operations		85		1,411
Total Restructuring	$	9,707	$	12,979

	Six Months Ended June 30,
(In thousands)	2015		2014
Flavors & Fragrances	$	13,020	$	54,051
Color		1,583		-
Corporate & Other		2,134		3,704
Total Continuing Operations		16,737		57,755
Discontinued Operations		114		7,946
Total Restructuring	$	16,851	$	65,701

Summary of restructuring costs

The Company recorded restructuring costs in continuing operations for the three and six months ended June 30, 2015, as follows:

Three Months Ended June 30, 2015

(In thousands)	Selling & Administrative		Cost of Products Sold		Total
Employee separation	$	1,796	$	-	$	1,796
Long-lived asset impairment		3,665		-		3,665
Write-down of inventory		-		140		140
Other costs(1)		4,021		-		4,021
Total	$	9,482	$	140	$	9,622

Six Months Ended June 30, 2015

(In thousands)	Selling & Administrative			Cost of Products Sold		Total
Employee separation	$	3,704		$	-	$	3,704
Long-lived asset impairment		7,480			-		7,480
Gain on asset sales		(1,301	)		-		(1,301	)
Write-down of inventory		-			281		281
Other costs(1)		6,573			-		6,573
Total	$	16,456		$	281	$	16,737

⁽¹⁾ Other costs include decommissioning costs, professional services, temporary labor, moving costs and other related costs.

The Company recorded restructuring and other costs in continuing operations for the three and six months ended June 30, 2014, as follows:

Three Months Ended June 30, 2014

(In thousands)	Selling & Administrative		Cost of Products Sold		Total
Employee separation	$	1,024	$	-	$	1,024
Long-lived asset impairment		8,033		-		8,033
Other costs(1)		2,511		-		2,511
Total	$	11,568	$	-	$	11,568

Six Months Ended June 30, 2014

(In thousands)	Selling & Administrative			Cost of Products Sold		Total
Employee separation	$	12,291		$	-	$	12,291
Long-lived asset impairment		42,263			-		42,263
Gain on asset sales		(602	)		-		(602	)
Other costs(1)		3,803			-		3,803
Total	$	57,755		$	-	$	57,755

⁽¹⁾ Other costs include decommissioning, professional services, personnel moving costs, other related costs and 2014 proxy contest costs.

Summary of accrual for restructuring and other charges

The following table summarizes the accrual activity for the restructuring liabilities for the six months ended June 30, 2015:

(In thousands)	Employee Separations			Other Costs			Total
Balance as of December 31, 2014	$	14,909		$	897		$	15,806
Expense activity		3,313			7,130			10,443
Cash spent		(4,977	)		(7,344	)		(12,321	)
Translation adjustment		(967	)		-			(967	)
Balance as of June 30, 2015	$	12,278		$	683		$	12,961