XML 53 R43.htm IDEA: XBRL DOCUMENT v3.5.0.2
Segment Information - Reportable Segment Information (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net sales:        
Net sales $ 793,478 $ 767,541 $ 1,576,789 $ 1,542,448
Segment profit:        
Operating profit 164,475 148,821 331,694 310,613
Interest expense (15,060) (11,407) (27,539) (22,502)
Other income, net 2,635 (436) 2,792 5,275
Income before taxes 152,050 136,978 306,947 293,386
Flavors [Member]        
Net sales:        
Net sales 379,504 372,478 752,012 749,586
Segment profit:        
Operating profit 90,337 84,015 182,151 176,743
Fragrances [Member]        
Net sales:        
Net sales 413,974 395,063 824,777 792,862
Segment profit:        
Operating profit 87,596 79,924 176,833 161,522
Global expenses [Member]        
Segment profit:        
Operating profit (12,232) (8,629) (26,141) (20,194)
Restructuring and other charges, net        
Segment profit:        
Operating profit [1] (182) 358 (283) 170
Acquisition and related costs        
Segment profit:        
Operating profit [2] (213) (6,566) (1,249) (7,066)
Operational improvement initiative costs        
Segment profit:        
Operating profit [3] (831) (281) (1,099) (562)
Spanish capital tax settlement        
Segment profit:        
Operating profit [4] $ 0 $ 0 $ 1,482 $ 0
[1] Restructuring and other charges, net relate to accelerated depreciation costs in Europe recorded in Cost of goods sold.
[2] Acquisition and related costs are associated with the 2015 acquisition of Lucas Meyer as discussed in Note 3, including inventory step-up charges related to the inventory acquired
[3] Operational improvement initiative costs relate to accelerated depreciation and severance costs in Asia in the 2016 period and accelerated depreciation in the 2015 period.
[4] The Spanish capital tax settlement represents interest received from the Spanish government related to the reversal of the unfavorable ruling the Spanish capital tax case from 2002, which was reversed during the year ended December 31, 2015.