Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2018

Segment and Geographic Information [Abstract]

Consistent with presentation in the Company’s Consolidated Balance Sheets and Statements of Cash Flows, the below amounts for assets, capital expenditures, and depreciation and amortization include discontinued operations for the years ended December 31, 2017 and 2016 and are included in Corporate & Other. In addition, the Company’s corporate expenses are included in Corporate & Other.

(In thousands)	Flavors & Fragrances		Color		Asia Pacific		Corporate & Other			Consolidated
2018:
Revenue from external customers	$	723,189	$	539,974	$	123,127	$	525		$	1,386,815
Intersegment revenue		23,743		13,505		37		—			37,285
Total revenue		746,932		553,479		123,164		525			1,424,100

Operating income (loss)		96,433		114,924		20,856		(28,835	)		203,378
Interest expense		—		—		—		21,853			21,853
Earnings (loss) before income taxes from continuing operations		96,433		114,924		20,856		(50,688	)		181,525

Assets		784,161		730,644		101,792		208,343			1,824,940
Capital expenditures		23,679		21,269		2,858		2,934			50,740
Depreciation and amortization		25,922		21,644		2,451		3,227			53,244

2017:
Revenue from external customers	$	727,026	$	512,811	$	122,428	$	—		$	1,362,265
Intersegment revenue		19,917		13,552		765		—			34,234
Total revenue		746,943		526,363		123,193		—			1,396,499

Operating income (loss)		114,343		113,381		20,772		(80,690	)		167,806
Interest expense		—		—		—		19,383			19,383
Earnings (loss) before income taxes from continuing operations		114,343		113,381		20,772		(100,073	)		148,423

Assets		773,173		720,328		99,770		131,069			1,724,340
Capital expenditures		31,989		18,797		3,557		2,001			56,344
Depreciation and amortization		23,611		19,902		2,303		2,702			48,518

2016:
Revenue from external customers	$	771,434	$	490,862	$	120,914	$	—		$	1,383,210
Intersegment revenue		24,377		13,269		282		—			37,928
Total revenue		795,811		504,131		121,196		—			1,421,138

Operating income (loss)		124,059		105,814		23,603		(67,867	)		185,609
Interest expense		—		—		—		18,324			18,324
Earnings (loss) before income taxes from continuing operations		124,059		105,814		23,603		(86,191	)		167,285

Assets		785,449		673,754		92,203		116,454			1,667,860
Capital expenditures		57,622		15,422		5,199		2,973			81,216
Depreciation and amortization		22,897		19,421		2,042		2,659			47,019

Geographical Information

The Company’s annual revenue from continuing operations summarized by geographic location is as follows:

(In thousands)	Flavors & Fragrances		Color		Asia Pacific		Corporate & Other			Consolidated
2018:
Revenue from external customers:
North America	$	477,083	$	245,278	$	—	$	371		$	722,732
Europe		173,562		168,187		155		153			342,057
Asia Pacific		31,506		59,548		121,975		—			213,029
Other		41,038		66,961		997		1			108,997
Total revenue from external customers	$	723,189	$	539,974	$	123,127	$	525		$	1,386,815
Long-lived assets:
North America	$	260,932	$	209,821	$	—	$	97,362		$	568,115
Europe		121,372		265,688		—		—			387,060
Asia Pacific		1,061		3,319		25,856		—			30,236
Other		277		16,387		—		—			16,664
Total long-lived assets	$	383,642	$	495,215	$	25,856	$	97,362		$	1,002,075

2017:
Revenue from external customers:
North America	$	487,034	$	231,674	$	—	$	—		$	718,708
Europe		164,641		159,646		310		—			324,597
Asia Pacific		32,717		55,108		121,110		—			208,935
Other		42,634		66,383		1,008		—			110,025
Total revenue from external customers	$	727,026	$	512,811	$	122,428	$	—		$	1,362,265
Long-lived assets:
North America	$	260,802	$	207,746	$	—	$	78,113		$	546,661
Europe		127,111		278,127		—		—			405,238
Asia Pacific		1,395		3,075		26,920		—			31,390
Other		380		7,196		—		—			7,576
Total long-lived assets	$	389,688	$	496,144	$	26,920	$	78,113		$	990,865

2016:
Revenue from external customers:
North America	$	515,716	$	229,944	$	—	$	—		$	745,660
Europe		192,185		150,553		80		—			342,818
Asia Pacific		27,459		49,580		119,845		—			196,884
Other		36,074		60,785		989		—			97,848
Total revenue from external customers	$	771,434	$	490,862	$	120,914	$	—		$	1,383,210
Long-lived assets:
North America	$	257,661	$	206,078	$	—	$	84,935		$	548,674
Europe		126,447		245,526		—		(10,944	)		361,029
Asia Pacific		1,482		3,244		25,280		—			30,006
Other		519		10,571		—		—			11,090
Total long-lived assets	$	386,109	$	465,419	$	25,280	$	73,991		$	950,799

Product Information

The Company’s revenue from continuing operations summarized by product portfolio is as follows:

(In thousands)	Flavors & Fragrances			Color			Asia Pacific			Corporate & Other		Consolidated
2018:
Flavors	$	414,728		$	—		$	—		$	—	$	414,728
Natural Ingredients		224,280			—			—			—		224,280
Fragrances		107,924			—			—			—		107,924
Food & Beverage Colors		—			303,386			—			—		303,386
Cosmetics		—			153,347			—			—		153,347
Other Colors		—			96,746			—			—		96,746
Asia Pacific		—			—			123,164			—		123,164
Corporate & Other		—			—			—			525		525
Intersegment Revenue		(23,743	)		(13,505	)		(37	)		—		(37,285	)
Total revenue from external customers	$	723,189		$	539,974		$	123,127		$	525	$	1,386,815

2017:
Flavors	$	439,811		$	—		$	—		$	—	$	439,811
Natural Ingredients		219,837			—			—			—		219,837
Fragrances		87,295			—			—			—		87,295
Food & Beverage Colors		—			279,870			—			—		279,870
Cosmetics		—			147,637			—			—		147,637
Other Colors		—			98,856			—			—		98,856
Asia Pacific		—			—			123,193			—		123,193
Intersegment Revenue		(19,917	)		(13,552	)		(765	)		—		(34,234	)
Total revenue from external customers	$	727,026		$	512,811		$	122,428		$	—	$	1,362,265

2016:
Flavors	$	474,904		$	—		$	—		$	—	$	474,904
Natural Ingredients		237,664			—			—			—		237,664
Fragrances		83,243			—			—			—		83,243
Food & Beverage Colors		—			279,516			—			—		279,516
Cosmetics		—			123,937			—			—		123,937
Other Colors		—			100,678			—			—		100,678
Asia Pacific		—			—			121,196			—		121,196
Intersegment Revenue		(24,377	)		(13,269	)		(282	)		—		(37,928	)
Total revenue from external customers	$	771,434		$	490,862		$	120,914		$	—	$	1,383,210