SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2019

Accounting Standards Update 2014-09 | Restatement of beginning balances

Summary of impacts of adoption of recent accounting pronouncements

		Balance at				Balance at
		December 31, 2017		Adjustment		January 1, 2018
Consolidated Balance Sheets
Assets
Inventories	$	337,216	$	(7,064)	$	330,152
Prepaid and other		109,791		6,411		116,202
Liabilities
Accounts payable, accrued and other liabilities		461,579		(5,706)		455,873
Deferred income taxes		20,995		1,292		22,287
Deferred and other non-current liabilities		5,608		824		6,432
Stockholders’ Equity
Retained earnings		1,301,147		2,937		1,304,084

Accounting Standards Update 2014-09 | Cumulative effect of change

Summary of impacts of adoption of recent accounting pronouncements

	For the Year Ended December 31, 2018
				Balances
				Without		Effect of
		As		Adoption of		Change
		Reported		ASC 606		Higher/(Lower)
Consolidated Statements of Income
Net Sales
Beauty + Home	$	1,426,382	$	1,424,701	$	1,681
Pharma		954,652		954,497		155
Food + Beverage		383,727		385,001		(1,274)
Costs and Expenses
Cost of sales (exclusive of depreciation and amortization)		1,812,961		1,811,290		1,671
Provision for income taxes		71,254		71,541		(287)
Net income		194,766		195,588		(822)

	December 31, 2018
				Balances
				Without		Effect of
		As		Adoption of		Change
		Reported		ASC 606		Higher/(Lower)
Consolidated Balance Sheets
Assets
Inventories	$	381,110	$	391,315	$	(10,205)
Prepaid and other		118,245		108,490		9,755
Liabilities
Accounts payable, accrued and other liabilities		525,199		529,168		(3,969)
Deferred income taxes		53,917		52,912		1,005
Deferred and other non-current liabilities		23,465		23,066		399
Stockholders’ Equity
Retained earnings		1,371,826		1,369,711		2,115

Accounting Standards Update 2016-02 | Restatement of beginning balances

Summary of impacts of adoption of recent accounting pronouncements

		Balance at				Balance at
		December 31,				January 1,
		2018		Adjustments		2019
Consolidated Balance Sheets
Operating lease right-of-use assets	$	—	$	83,222	$	83,222
Prepaid and other		118,245		(1,383)		116,862
Property, plant and equipment		991,613		5,876		997,489
Current maturities of long-term obligations, net of unamortized debt issuance costs		62,678		2,631		65,309
Accounts payable, accrued and other liabilities		525,199		20,508		545,707
Operating lease liabilities		—		61,331		61,331
Long-term obligations, net of unamortized debt issuance costs		1,125,993		3,245		1,129,238