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Segment Information (Tables)
 3 Months Ended
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.