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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets [Abstract]  
Schedule of Intangible Assets
At December 31, 2016 and 2015, goodwill is the only intangible asset that is not subject to amortization. The following table summarizes intangible assets with determinable useful lives by major category as of December 31, 2016 and 2015:

   
 
2016
 
2015
 
(In thousands except weighted average amortization years)
Weighted
Average
Amortization
Years
 
 
Cost
 
Accumulated
Amortization
 
 
Cost
 
Accumulated
Amortization
 
           
Technological know-how
  
20.0
  
$
7,315
  
$
(5,195
)
 
$
7,387
  
$
(4,738
)
Customer relationships
  
20.0
   
6,561
   
(4,610
)
  
6,575
   
(4,332
)
Patents, trademarks, non-compete agreements and other
  
19.3
   
10,564
   
(6,509
)
  
10,423
   
(6,106
)
                     
Total finite-lived intangibles
  
19.7
  
$
24,440
  
$
(16,314
)
 
$
24,385
  
$
(15,176
)
Changes in Goodwill by Business Segment
The changes in goodwill for the years ended December 31, 2016 and 2015, by reportable business segment, were as follows:

(In thousands)
 
Flavors &
Fragrances
  
Color
  
Asia Pacific
  
Consolidated
 
             
Balance as of December 31, 2014
 
$
126,023
  
$
295,115
  
$
2,976
  
$
424,114
 
Currency translation impact
  
(11,675
)
  
(17,272
)
  
(26
)
  
(28,973
)
Acquisition
  
   
4,505
   
   
4,505
 
Balance as of December 31, 2015
  
114,348
   
282,348
   
2,950
   
399,646
 
Currency translation impact
  
(4,158
)
  
(10,342
)
  
(757
)
  
(15,257
)
Goodwill Held for Sale (1)
  
(821
)
  
   
   
(821
)
Balance as of December 31, 2016
 
$
109,369
  
$
272,006
  
$
2,193
  
$
383,568
 

(1)
A portion of the Flavors & Fragrances’ segment goodwill was moved to Assets Held for Sale on the Consolidated Balance Sheet as a result of the divestiture. See Note 15, Divestiture, for additional information.