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Portfolio Optimization Plan (Tables)
12 Months Ended
Dec. 31, 2023
Portfolio Optimization Plan [Abstract]  
Portfolio Optimization Plan Expenses by Segment

The following table summarizes the Portfolio Optimization Plan expenses by segment for the year ended December 31, 2023:


 
(In thousands)
 
Flavors &
Extracts
   

Color
   
Corporate
& Other
   
Consolidated
 
Non-cash impairment charges – Selling and administrative expenses
 
$
11,599
   
$
9,355
   
$
-
   
$
20,954
 
Non-cash charges – Cost of products sold
   
2,040
     
1,095
     
-
     
3,135
 
Employee separation – Selling and administrative expenses
   
2,820
     
288
     
108
     
3,216
 
Other costs – Selling and administrative expenses(1)
   
39
     
497
     
-
     
536
 
Total
 
$
16,498
   
$
11,235
   
$
108
   
$
27,841
 


(1)
Other costs include legal settlements, professional services, and other related costs.