Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Segment Information [Abstract]

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 June 30, 2018:
Revenue from external customers	$	191,818	$	140,702	$	30,521	$	-		$	363,041
Intersegment revenue		6,840		3,589		-		-			10,429
Total revenue	$	198,658	$	144,291	$	30,521	$	-		$	373,470
Operating income (loss)	$	24,001	$	31,133	$	4,634	$	(7,587	)	$	52,181
Interest expense		-		-		-		5,555			5,555
Earnings (loss) before income taxes	$	24,001	$	31,133	$	4,634	$	(13,142	)	$	46,626
Three months ended June 30, 2017:
Revenue from external customers	$	180,736	$	129,253	$	28,486	$	-		$	338,475
Intersegment revenue		4,820		3,641		459		-			8,920
Total revenue	$	185,556	$	132,894	$	28,945	$	-		$	347,395
Operating income (loss)	$	28,502	$	29,072	$	3,820	$	(17,014	)	$	44,380
Interest expense		-		-		-		4,717			4,717
Earnings (loss) before income taxes	$	28,502	$	29,072	$	3,820	$	(21,731	)	$	39,663

(In thousands)	Flavors & Fragrances		Color		Asia Pacific		Corporate & Other			Consolidated
Six months ended June 30, 2018:
Revenue from external customers	$	374,300	$	284,430	$	60,788	$	-		$	719,518
Intersegment revenue		12,704		7,021		-		-			19,725
Total revenue	$	387,004	$	291,451	$	60,788	$	-		$	739,243
Operating income (loss)	$	49,328	$	64,805	$	9,506	$	(15,777	)	$	107,862
Interest expense		-		-		-		11,110			11,110
Earnings (loss) before income taxes	$	49,328	$	64,805	$	9,506	$	(26,887	)	$	96,752
Six months ended June 30, 2017:
Revenue from external customers	$	361,811	$	260,093	$	57,968	$	-		$	679,872
Intersegment revenue		10,620		6,867		613		-			18,100
Total revenue	$	372,431	$	266,960	$	58,581	$	-		$	697,972
Operating income (loss)	$	57,272	$	59,289	$	8,970	$	(57,114	)	$	68,417
Interest expense		-		-		-		9,528			9,528
Earnings (loss) before income taxes	$	57,272	$	59,289	$	8,970	$	(66,642	)	$	58,889

Product Information

Product Lines

(In thousands)	Flavors & Fragrances			Color			Asia Pacific			Consolidated
Three months ended June 30, 2018:
Flavors	$	115,222		$	-		$	-		$	115,222
Natural Ingredients		56,197			-			-			56,197
Fragrances		27,239			-			-			27,239
Food & Beverage Colors		-			77,467			-			77,467
Cosmetics		-			40,727			-			40,727
Other Colors		-			26,097			-			26,097
Asia Pacific		-			-			30,521			30,521
Intersegment Revenue		(6,840	)		(3,589	)		-			(10,429	)
Total revenue from external customers	$	191,818		$	140,702		$	30,521		$	363,041
Three months ended June 30, 2017:
Flavors	$	115,535		$	-		$	-		$	115,535
Natural Ingredients		48,998			-			-			48,998
Fragrances		21,023			-			-			21,023
Food & Beverage Colors		-			70,496			-			70,496
Cosmetics		-			36,889			-			36,889
Other Colors		-			25,509			-			25,509
Asia Pacific		-			-			28,945			28,945
Intersegment Revenue		(4,820	)		(3,641	)		(459	)		(8,920	)
Total revenue from external customers	$	180,736		$	129,253		$	28,486		$	338,475

Product Lines

(In thousands)	Flavors & Fragrances			Color			Asia Pacific			Consolidated
Six months ended June 30, 2018:
Flavors	$	224,273		$	-		$	-		$	224,273
Natural Ingredients		109,398			-			-			109,398
Fragrances		53,333			-			-			53,333
Food & Beverage Colors		-			154,283			-			154,283
Cosmetics		-			86,231			-			86,231
Other Colors		-			50,937			-			50,937
Asia Pacific		-			-			60,788			60,788
Intersegment Revenue		(12,704	)		(7,021	)		-			(19,725	)
Total revenue from external customers	$	374,300		$	284,430		$	60,788		$	719,518
Six Months ended June 30, 2017:
Flavors	$	229,152		$	-		$	-		$	229,152
Natural Ingredients		102,520			-			-			102,520
Fragrances		40,759			-			-			40,759
Food & Beverage Colors		-			141,884			-			141,884
Cosmetics		-			74,348			-			74,348
Other Colors		-			50,728			-			50,728
Asia Pacific		-			-			58,581			58,581
Intersegment Revenue		(10,620	)		(6,867	)		(613	)		(18,100	)
Total revenue from external customers	$	361,811		$	260,093		$	57,968		$	679,872

Geographical Information

Geographic Markets

(In thousands)	Flavors & Fragrances		Color		Asia Pacific		Consolidated
Six months ended June 30, 2018:
North America	$	246,251	$	127,320	$	-	$	373,571
Europe		90,391		84,758		30		175,179
Asia Pacific		16,091		34,551		60,295		110,937
Other		21,567		37,801		463		59,831
Total revenue from external customers	$	374,300	$	284,430	$	60,788	$	719,518

Six months ended June 30, 2017:
North America	$	243,849	$	121,037	$	-	$	364,886
Europe		84,921		74,110		125		159,156
Asia Pacific		13,122		29,801		57,292		100,215
Other		19,919		35,145		551		55,615
Total revenue from external customers	$	361,811	$	260,093	$	57,968	$	679,872