Segment Information (Tables)

3 Months Ended

Mar. 31, 2021

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

(In thousands)	Flavors & Extracts		Color		Asia Pacific		Corporate & Other			Consolidated
Three months ended March 31, 2021:
Revenue from external customers	$	194,661	$	131,201	$	33,840	$	-		$	359,702
Intersegment revenue		6,250		4,519		-		-			10,769
Total revenue	$	200,911	$	135,720	$	33,840	$	-		$	370,471

Operating income (loss)	$	27,018	$	26,594	$	6,752	$	(13,467	)	$	46,897
Interest expense		-		-		-		3,433			3,433
Earnings (loss) before income taxes	$	27,018	$	26,594	$	6,752	$	(16,900	)	$	43,464

Three months ended March 31, 2020:
Revenue from external customers	$	181,187	$	139,193	$	30,297	$	-		$	350,677
Intersegment revenue		5,311		4,302		152		-			9,765
Total revenue	$	186,498	$	143,495	$	30,449	$	-		$	360,442

Operating income (loss)	$	20,871	$	29,664	$	5,059	$	(21,033	)	$	34,561
Interest expense		-		-		-		4,307			4,307
Earnings (loss) before income taxes	$	20,871	$	29,664	$	5,059	$	(25,340	)	$	30,254

Product Lines

(In thousands)	Flavors & Extracts			Color			Asia Pacific			Consolidated
Three months ended March 31, 2021:
Flavors, Extracts & Flavor Ingredients	$	108,090		$	-		$	-		$	108,090
Natural Ingredients		62,204			-			-			62,204
Fragrances		28,467			-			-			28,467
Yogurt Fruit Preparations		2,150			-			-			2,150
Food & Pharmaceutical Colors		-			93,785			-			93,785
Personal Care		-			41,515			-			41,515
Inks		-			420			-			420
Asia Pacific		-			-			33,840			33,840
Intersegment Revenue		(6,250	)		(4,519	)		-			(10,769	)
Total revenue from external customers	$	194,661		$	131,201		$	33,840		$	359,702

Three months ended March 31, 2020:
Flavors, Extracts & Flavor Ingredients	$	101,453		$	-		$	-		$	101,453
Natural Ingredients		57,600			-			-			57,600
Fragrances		22,284			-			-			22,284
Yogurt Fruit Preparations		5,161			-			-			5,161
Food & Pharmaceutical Colors		-			90,793			-			90,793
Personal Care		-			43,743			-			43,743
Inks		-			8,959			-			8,959
Asia Pacific		-			-			30,449			30,449
Intersegment Revenue		(5,311	)		(4,302	)		(152	)		(9,765	)
Total revenue from external customers	$	181,187		$	139,193		$	30,297		$	350,677

Geographic Markets

(In thousands)	Flavors & Extracts		Color		Asia Pacific		Consolidated
Three months ended March 31, 2021:
North America	$	129,643	$	63,670	$	25	$	193,338
Europe		44,568		37,278		22		81,868
Asia Pacific		9,717		14,838		32,558		57,113
Other		10,733		15,415		1,235		27,383
Total revenue from external customers	$	194,661	$	131,201	$	33,840	$	359,702

Three months ended March 31, 2020:
North America	$	116,701	$	66,265	$	-	$	182,966
Europe		43,877		38,738		22		82,637
Asia Pacific		9,355		15,975		29,122		54,452
Other		11,254		18,215		1,153		30,622
Total revenue from external customers	$	181,187	$	139,193	$	30,297	$	350,677