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Segment Information (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Reportable Segment Information

Reportable segment information is as follows:

 

     Three Months Ended
March 31,
 

(DOLLARS IN THOUSANDS)

   2013     2012  

Net sales:

    

Flavors

   $ 356,361      $ 349,887   

Fragrances

     371,475        360,729   
  

 

 

   

 

 

 

Consolidated

   $ 727,836      $ 710,616   
  

 

 

   

 

 

 

Segment profit:

    

Flavors

   $ 83,039      $ 79,680   

Fragrances

     68,354        56,081   

Global

     (12,589     (13,186

Restructuring and other charges, net

     —         (1,668

Operational improvement initiative costs

     (1,198     —     
  

 

 

   

 

 

 

Operating profit

     137,606        120,907   

Interest expense

     (11,152     (10,811

Other expense, net

     1,069        246   
  

 

 

   

 

 

 

Income before taxes

   $ 127,523      $ 110,342