XML 40 R28.htm IDEA: XBRL DOCUMENT v3.8.0.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets [Abstract]  
Schedule of Intangible Assets
At December 31, 2017 and 2016, 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, 2017 and 2016:

      
2017
 
2016
 
(In thousands except weighted average amortization years)
 
Weighted
Average
Amortization
Years
  
Cost
  
Accumulated
Amortization
  
Cost
  
Accumulated
Amortization
 
             
Technological know-how
  
20.0
  
$
7,510
  
$
(6,505
)
 
$
7,315
  
$
(5,195
)
Customer relationships
  
20.0
   
6,869
   
(5,244
)
  
6,561
   
(4,610
)
Patents, trademarks, non-compete agreements, and other
  
19.2
   
10,264
   
(5,683
)
  
10,564
   
(6,509
)
                     
Total finite-lived intangibles
  
19.7
  
$
24,643
  
$
(17,432
)
 
$
24,440
  
$
(16,314
)
Changes in Goodwill by Business Segment
The changes in goodwill for the years ended December 31, 2017 and 2016, by reportable business segment, were as follows:

(In thousands)
 
Flavors &
Fragrances
  
Color
  
Asia Pacific
  
Consolidated
 
             
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
 
Currency translation impact
  
5,624
   
18,883
   
920
   
25,427
 
Balance as of December 31, 2017
 
$
114,993
  
$
290,889
  
$
3,113
  
$
408,995
 

(1)
A portion of the Flavors & Fragrances’ segment goodwill was moved in 2016 to Assets Held for Sale on the Consolidated Balance Sheet as a result of the divestiture. See Note 14, Divestiture, for additional information.