Restructuring (Tables)

9 Months Ended

Sep. 30, 2015

Restructuring [Abstract]

Restructuring cost by segment

The following table summarizes the restructuring by segment and discontinued operations for the three and nine months ended September 30, 2015 and 2014:

	Three Months Ended September 30,
(In thousands)	2015			2014
Flavors & Fragrances	$	10,035		$	20,064
Color		245			-
Corporate & Other		672			922
Total Continuing Operations		10,952			20,986
Discontinued Operations		(71	)		2,071
Total Restructuring	$	10,881		$	23,057

	Nine Months Ended September 30,
(In thousands)	2015		2014
Flavors & Fragrances	$	23,055	$	74,115
Color		1,828		-
Corporate & Other		2,806		1,508
Total Continuing Operations		27,689		75,623
Discontinued Operations		43		10,017
Total Restructuring	$	27,732	$	85,640

Summary of restructuring costs

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

Three Months Ended September 30, 2015

(In thousands)	Selling & Administrative		Cost of Products Sold		Total
Employee separation	$	745	$	-	$	745
Long-lived asset impairment		2,610		-		2,610
Write-down of inventory		-		2,814		2,814
Other costs(1)		4,783		-		4,783
Total	$	8,138	$	2,814	$	10,952

Nine Months Ended September 30, 2015

(In thousands)	Selling & Administrative			Cost of Products Sold		Total
Employee separation	$	4,449		$	-	$	4,449
Long-lived asset impairment		10,090			-		10,090
Gain on asset sales		(1,301	)		-		(1,301	)
Write-down of inventory		-			3,095		3,095
Other costs(1)		11,356			-		11,356
Total	$	24,594		$	3,095	$	27,689

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

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

Three Months Ended September 30, 2014

(In thousands)	Selling & Administrative		Cost of Products Sold		Total
Employee separation	$	908	$	-	$	908
Long-lived asset impairment		17,072		-		17,072
Write-down of inventory		-		1,914		1,914
Other costs(1)		1,092		-		1,092
Total	$	19,072	$	1,914	$	20,986

Nine Months Ended September 30, 2014

(In thousands)	Selling & Administrative			Cost of Products Sold		Total
Employee separation	$	13,199		$	-	$	13,199
Long-lived asset impairment		59,335			-		59,335
Gain on asset sales		(602	)		-		(602	)
Write-down of inventory		-			1,914		1,914
Other costs(1)		1,777			-		1,777
Total	$	73,709		$	1,914	$	75,623

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

Summary of accrual for restructuring and other charges

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

(In thousands)	Employee Separations			Other Costs			Total
Balance as of December 31, 2014	$	14,909		$	897		$	15,806
Expense activity		4,038			11,913			15,951
Cash spent		(6,317	)		(12,170	)		(18,487	)
Translation adjustment		(1,126	)		-			(1,126	)
Balance as of September 30, 2015	$	11,504		$	640		$	12,144