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Segment Information
 9 Months Ended
Sep. 30, 2013
Segment Information [Abstract]  
Segment Information
4.Segment Information

Operating results by segment for the periods and at the dates presented are as follows:
 
(In thousands)
 
Flavors & Fragrances
  
Color
  
Corporate & Other
  
Consolidated
 
Three months ended September 30, 2013:
 
  
  
  
 
Revenue from external customers
 
$
216,826
  
$
118,153
  
$
37,014
  
$
371,993
 
Intersegment revenue
  
9,444
   
5,701
   
565
   
15,710
 
Total revenue
 
$
226,270
  
$
123,854
  
$
37,579
  
$
387,703
 
 
                
Operating income (loss)
 
$
31,759
  
$
26,833
  
$
(9,802
)
 
$
48,790
 
Interest expense
  
-
   
-
   
4,048
   
4,048
 
Earnings (loss) before income taxes
 
$
31,759
  
$
26,833
  
$
(13,850
)
 
$
44,742
 
 
                
Three months ended September 30, 2012:
                
Revenue from external customers
 
$
215,306
  
$
116,539
  
$
37,526
  
$
369,371
 
Intersegment revenue
  
9,393
   
5,563
   
283
   
15,239
 
Total revenue
 
$
224,699
  
$
122,102
  
$
37,809
  
$
384,610
 
 
                
Operating income (loss)
 
$
31,810
  
$
24,211
  
$
(5,320
)
 
$
50,701
 
Interest expense
  
-
   
-
   
4,483
   
4,483
 
Earnings (loss) before income taxes
 
$
31,810
  
$
24,211
  
$
(9,803
)
 
$
46,218
 

(In thousands)
 
Flavors & Fragrances
  
Color
  
Corporate & Other
  
Consolidated
 
Nine months ended September 30, 2013:
 
  
  
  
 
Revenue from external customers
 
$
643,583
  
$
361,810
  
$
111,046
  
$
1,116,439
 
Intersegment revenue
  
27,646
   
16,511
   
1,331
   
45,488
 
Total revenue
 
$
671,229
  
$
378,321
  
$
112,377
  
$
1,161,927
 
 
                
Operating income (loss)
 
$
93,240
  
$
80,516
  
$
(39,950
)
 
$
133,806
 
Interest expense
  
-
   
-
   
12,317
   
12,317
 
Earnings (loss) before income taxes
 
$
93,240
  
$
80,516
  
$
(52,267
)
 
$
121,489
 
 
                
Nine months ended September 30, 2012:
                
Revenue from external customers
 
$
628,647
  
$
366,624
  
$
107,537
  
$
1,102,808
 
Intersegment revenue
  
29,701
   
16,975
   
1,045
   
47,721
 
Total revenue
 
$
658,348
  
$
383,599
  
$
108,582
  
$
1,150,529
 
 
                
Operating income (loss)
 
$
94,334
  
$
76,547
  
$
(19,393
)
 
$
151,488
 
Interest expense
  
-
   
-
   
13,236
   
13,236
 
Earnings (loss) before income taxes
 
$
94,334
  
$
76,547
  
$
(32,629
)
 
$
138,252
 

Beginning in the first quarter of 2013, the results of operations for the Company’s cosmetic and pharmaceutical businesses in Asia Pacific and China, previously reported in the Corporate & Other segment, are reported in the Color segment. Results for 2012 have been restated to reflect this change.

The Company evaluates performance based on operating income of the respective segments before restructuring costs, interest expense and income taxes. The 2013 restructuring costs are included in the Corporate & Other segment.