3.	Segment Information

Operating results by segment for the periods presented are as follows:

(In thousands)	Flavors & Fragrances			Color		Asia Pacific		Corporate & Other			Consolidated
Three months ended September 30, 2017:
Revenue from external customers	$	191,063	$	129,899	$	32,557	$	-		$	353,519
Intersegment revenue		4,929		3,324		151		-			8,404
Total revenue	$	195,992	$	133,223	$	32,708	$	-		$	361,923

Operating income (loss)	$	33,006	$	28,624	$	5,780	$	(15,400	)	$	52,010
Interest expense		-		-		-		4,946			4,946
Earnings (loss) before income taxes	$	33,006	$	28,624	$	5,780	$	(20,346	)	$	47,064

Three months ended September 30, 2016:
Revenue from external customers	$	195,318	$	122,302	$	32,042	$	-		$	349,662
Intersegment revenue		5,457		3,430		51		-			8,938
Total revenue	$	200,775	$	125,732	$	32,093	$	-		$	358,600

Operating income (loss)	$	32,386	$	26,522	$	6,251	$	(14,008	)	$	51,151
Interest expense		-		-		-		4,584			4,584
Earnings (loss) before income taxes	$	32,386	$	26,522	$	6,251	$	(18,592	)	$	46,567

(In thousands)	Flavors & Fragrances			Color		Asia Pacific		Corporate & Other			Consolidated
Nine months ended September 30, 2017:
Revenue from external customers	$	552,874	$	389,992	$	90,525	$	-		$	1,033,391
Intersegment revenue		15,549		10,191		764		-			26,504
Total revenue	$	568,423	$	400,183	$	91,289	$	-		$	1,059,895

Operating income (loss)	$	90,278	$	87,913	$	14,750	$	(72,514	)	$	120,427
Interest expense		-		-		-		14,474			14,474
Earnings (loss) before income taxes	$	90,278	$	87,913	$	14,750	$	(86,988	)	$	105,953

Nine months ended September 30, 2016:
Revenue from external customers	$	588,728	$	373,944	$	90,294	$	-		$	1,052,966
Intersegment revenue		20,019		10,471		129		-			30,619
Total revenue	$	608,747	$	384,415	$	90,423	$	-		$	1,083,585

Operating income (loss)	$	95,494	$	82,947	$	17,500	$	(53,606	)	$	142,335
Interest expense		-		-		-		14,021			14,021
Earnings (loss) before income taxes	$	95,494	$	82,947	$	17,500	$	(67,627	)	$	128,314

Beginning in the first quarter of 2017, the results of operations for certain of the Company’s cosmetic and fragrance businesses in the Asia Pacific segment are now reported in the Color segment and Flavors & Fragrances segment, respectively. The results for 2016 have been restated to reflect these changes.

The Company evaluates performance based on operating income of the respective segments before restructuring and other costs, interest expense, and income taxes. The 2017 and 2016 restructuring and other costs related to continuing operations are reported in Corporate & Other. See Note 11, Restructuring, for more information on the Company’s restructuring activities. The 2017 and 2016 other costs pertain to the costs associated with the Company’s divestiture of a facility and certain related business lines within the Flavors & Fragrances business in Strasbourg, France. See Note 13, Divestiture.