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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2019
Segment Reporting [Abstract] |
Reportable Segment Information |
| Three Months Ended
| March 31,
(DOLLARS IN THOUSANDS) | 2019 |  | 2018
Net sales: |  |  |
Taste | $ | 444,602 |  |  | $ | 449,019 |
Scent | 488,352 |  |  | 481,909 |
Frutarom | 364,448 |  |  | — |
Consolidated | $ | 1,297,402 |  |  | $ | 930,928 |
Segment profit: |  |  |
Taste | $ | 108,455 |  |  | $ | 111,564 |
Scent | 85,815 |  |  | 93,277 |
Frutarom | 29,091 |  |  | — |
Global expenses | (18,673 | ) |  | (23,825 | )
Operational Improvement Initiatives (a) | (406 | ) |  | (1,026 | )
Acquisition Related Costs (b) | — |  |  | 514 |
Integration Related Costs (c) | (14,897 | ) |  | — |
Restructuring and Other Charges, net (d) | (16,174 | ) |  | (717 | )
Gains on Sale of Assets | 188 |  |  | 69 |
FDA Mandated Product Recall (e) | — |  |  | (5,000 | )
Frutarom Acquisition Related Costs (f) | (9,529 | ) |  | — |
Operating profit | 163,870 |  |  | 174,856 |
Interest expense | (36,572 | ) |  | (16,595 | )
Other income (expense) | 7,278 |  |  | 576 |
Income before taxes | $ | 134,576 |  |  | $ | 158,837 |
(a) | Represents accelerated depreciation related to a plant relocation in India, as well as a lab closure in Taiwan for 2018.
(b) | Represents adjustments to the contingent consideration payable for PowderPure, and transaction costs related to Fragrance Resources and PowderPure within Selling and administrative expenses.
(c) | Represents costs related to the integration of the Frutarom acquisition, principally advisory expenses.
(d) | For 2019, represents severance costs related primarily to Scent. For 2018, represents severance costs related to the 2017 Productivity Program and Taiwan lab closure.
(e) | Represents losses related to the FDA mandated recall.
(f) | Represents transaction-related costs and expenses related to the acquisition of Frutarom. Amount primarily includes $7.9 million of amortization for inventory "step-up" costs and $1.7 million of transaction costs included in Selling and administrative expenses.
Net Sales by Destination of Product Delivery | Net sales are attributed to individual regions based upon the destination of product delivery are as follows:
| Three Months Ended
| March 31,
(DOLLARS IN THOUSANDS) | 2019 |  | 2018
Europe, Africa and Middle East | $ | 529,606 |  |  | $ | 309,312 |
Greater Asia | 287,962 |  |  | 243,557 |
North America | 301,059 |  |  | 241,146 |
Latin America | 178,775 |  |  | 136,913 |
Consolidated | $ | 1,297,402 |  |  | $ | 930,928 |
Net sales are attributed to individual regions based upon the destination of product delivery. Net sales related to the U.S. for the three months ended March 31, 2019 and 2018 were $272.8 million and $230.2 million, respectively. Net sales attributed to all foreign countries in total for the three months ended March 31, 2019 and 2018 were $1.0 billion and $700.7 million, respectively. No non-U.S. country had net sales in any period presented greater than 7% of total consolidated net sales.

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=63488584&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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