Restructuring (Tables)

6 Months Ended

Jun. 30, 2017

Restructuring [Abstract]

Restructuring Cost by Segment

The following table summarizes the restructuring expense by segment and discontinued operations for the three and six months ended June 30, 2017 and 2016, respectively:

	Three Months Ended June 30,					Six Months Ended June 30,
(In thousands)	2017		2016			2017		2016
Flavors & Fragrances	$	7,339	$	2,925		$	27,492	$	5,867
Color		-		93			-		132
Asia Pacific		-		-			-		-
Corporate & Other		76		257			135		618
Total Continuing Operations		7,415		3,275			27,627		6,617
Discontinued Operations		-		(3,485	)		-		(3,485	)
Total Restructuring	$	7,415	$	(210	)	$	27,627	$	3,132

Summary of Restructuring Costs

The Company recorded restructuring costs in continuing operations for the three and six months ended June 30, 2017, as follows:

Three Months Ended June 30, 2017

(In thousands)	Selling & Administrative		Cost of Products Sold		Total
Employee separation(1)	$	3,857	$	-	$	3,857
Long-lived asset impairment		12		-		12
Loss on sale of business		654		-		654
Write-down of inventory		-		-		-
Other restructuring costs(2)		2,892		-		2,892
Total	$	7,415	$	-	$	7,415

⁽¹⁾ Employee separation costs includes settlement expense related to the termination of one of the Company’s defined benefit plans.

⁽²⁾ Other costs include decommissioning costs, professional services, temporary labor, moving costs, and other related costs.

Six Months Ended June 30, 2017

(In thousands)	Selling & Administrative			Cost of Products Sold		Total
Employee separation(1)	$	(628	)	$	-	$	(628	)
Long-lived asset impairment		468			-		468
Loss on sale of business		21,563			-		21,563
Write-down of inventory		-			342		342
Other restructuring costs(2)		5,882			-		5,882
Total	$	27,285		$	342	$	27,627

⁽¹⁾ Employee separation costs include a reversal, during the three months ended March 31, 2017, of the employee separation accrual for the European Natural Ingredients business, given the sale of this business, as well as, settlement expense related to the termination of one of the Company’s defined benefit plans.

⁽²⁾ 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 six months ended June 30, 2016, as follows:

Three Months Ended June 30, 2016

(In thousands)	Selling & Administrative		Cost of Products Sold		Total
Employee separation	$	319	$	-	$	319
Long-lived asset impairment		262		-		262
Write-down of inventory		-		166		166
Other restructuring costs(1)		2,528		-		2,528
Total	$	3,109	$	166	$	3,275

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

Six Months Ended June 30, 2016

(In thousands)	Selling & Administrative		Cost of Products Sold		Total
Employee separation	$	450	$	-	$	450
Long-lived asset impairment		733		-		733
Write-down of inventory		-		810		810
Other restructuring costs(1)		4,624		-		4,624
Total	$	5,807	$	810	$	6,617

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

Summary of Accrual for Restructuring and Other Charges

The following table summarizes the accrual activities for the restructuring activities for the six months ended June 30, 2017:

(In thousands)	Employee Separations			Other			Total
Balance as of December 31, 2016	$	6,959		$	570		$	7,529
Expense activity(1)		(4,425	)		5,882			1,457
Cash spent		(1,847	)		(6,238	)		(8,085	)
Translation adjustment		109			-			109
Balance as of June 30, 2017	$	796		$	214		$	1,010

⁽¹⁾ Employee separation costs include a reversal, during the three months ended March 31, 2017, of the employee separation accrual for the European Natural Ingredients business, given the sale of this business.