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Segment and Geographic Information (Tables) | 12 Months Ended
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Dec. 31, 2013
Segment and Geographic Information [Abstract] |
Segment Disclosure | 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 and 2011 have been restated to reflect this change.
|  | Flavors & |  |  |  |  |  | Corporate |  |  |  |
(in thousands) |  | Fragrances |  |  | Color |  |  | & Other |  |  | Consolidated |
2013 |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 845,672 |  |  | $ | 473,281 |  |  | $ | 148,597 |  |  | $ | 1,467,550 |
Intersegment revenue |  |  | 35,626 |  |  |  | 20,691 |  |  |  | 1,847 |  |  |  | 58,164 |
Total revenue |  |  | 881,298 |  |  |  | 493,972 |  |  |  | 150,444 |  |  |  | 1,525,714 |
Operating income (loss) |  |  | 122,410 |  |  |  | 103,601 |  |  |  | (53,649 | ) |  |  | 172,362 |
Interest expense |  |  | — |  |  |  | — |  |  |  | 16,147 |  |  |  | 16,147 |
Earnings (loss) before income taxes |  |  | 122,410 |  |  |  | 103,601 |  |  |  | (69,796 | ) |  |  | 156,215 |
Assets |  |  | 897,216 |  |  |  | 790,531 |  |  |  | 182,987 |  |  |  | 1,870,734 |
Capital expenditures |  |  | 59,040 |  |  |  | 39,273 |  |  |  | 5,933 |  |  |  | 104,246 |
Depreciation and amortization |  |  | 27,458 |  |  |  | 18,664 |  |  |  | 5,894 |  |  |  | 52,016 |
2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 837,549 |  |  | $ | 477,385 |  |  | $ | 144,116 |  |  | $ | 1,459,050 |
Intersegment revenue |  |  | 37,732 |  |  |  | 21,825 |  |  |  | 1,464 |  |  |  | 61,021 |
Total revenue |  |  | 875,281 |  |  |  | 499,210 |  |  |  | 145,580 |  |  |  | 1,520,071 |
Operating income (loss) |  |  | 122,997 |  |  |  | 96,406 |  |  |  | (28,195 | ) |  |  | 191,208 |
Interest expense |  |  | — |  |  |  | — |  |  |  | 16,901 |  |  |  | 16,901 |
Earnings (loss) before income taxes |  |  | 122,997 |  |  |  | 96,406 |  |  |  | (45,096 | ) |  |  | 174,307 |
Assets |  |  | 860,395 |  |  |  | 744,200 |  |  |  | 172,048 |  |  |  | 1,776,643 |
Capital expenditures |  |  | 49,781 |  |  |  | 46,003 |  |  |  | 8,022 |  |  |  | 103,806 |
Depreciation and amortization |  |  | 27,021 |  |  |  | 15,499 |  |  |  | 5,832 |  |  |  | 48,352 |
2011 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 821,933 |  |  | $ | 476,958 |  |  | $ | 131,898 |  |  | $ | 1,430,789 |
Intersegment revenue |  |  | 35,527 |  |  |  | 19,833 |  |  |  | 1,728 |  |  |  | 57,088 |
Total revenue |  |  | 857,460 |  |  |  | 496,791 |  |  |  | 133,626 |  |  |  | 1,487,877 |
Operating income (loss) |  |  | 129,436 |  |  |  | 92,518 |  |  |  | (31,131 | ) |  |  | 190,823 |
Interest expense |  |  | — |  |  |  | — |  |  |  | 19,439 |  |  |  | 19,439 |
Earnings (loss) before income taxes |  |  | 129,436 |  |  |  | 92,518 |  |  |  | (50,570 | ) |  |  | 171,384 |
Assets |  |  | 803,844 |  |  |  | 699,017 |  |  |  | 151,303 |  |  |  | 1,654,164 |
Capital expenditures |  |  | 34,999 |  |  |  | 30,121 |  |  |  | 7,080 |  |  |  | 72,200 |
Depreciation and amortization |  |  | 26,743 |  |  |  | 14,125 |  |  |  | 5,231 |  |  |  | 46,099 |
Geographical Information | Geographic Information The Company has manufacturing facilities or sales offices in North America, South America, Europe, Asia, Australia and Africa.
(in thousands) |  | 2013 |  |  | 2012 |  |  | 2011 |
Revenue from external customers: |  |  |  |  |  |  |  |  |
North America |  | $ | 784,658 |  |  | $ | 785,919 |  |  | $ | 737,154 |
Europe |  |  | 382,464 |  |  |  | 371,658 |  |  |  | 405,312 |
Asia Pacific |  |  | 191,343 |  |  |  | 199,849 |  |  |  | 190,404 |
Other |  |  | 109,085 |  |  |  | 101,624 |  |  |  | 97,919 |
Consolidated |  | $ | 1,467,550 |  |  | $ | 1,459,050 |  |  | $ | 1,430,789 |
Long-lived assets: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 531,005 |  |  | $ | 504,483 |  |  | $ | 444,656 |
Europe |  |  | 506,352 |  |  |  | 472,865 |  |  |  | 456,248 |
Asia Pacific |  |  | 32,148 |  |  |  | 35,891 |  |  |  | 35,151 |
Other |  |  | 11,404 |  |  |  | 12,050 |  |  |  | 11,239 |
Consolidated |  | $ | 1,080,909 |  |  | $ | 1,025,289 |  |  | $ | 947,294 |
Product Information | Product Information The Company’s revenue summarized by product portfolio is as follows:
(in thousands) |  | 2013 |  |  | 2012 |  |  | 2011 |
Traditional Flavors & Fragrances |  | $ | 744,934 |  |  | $ | 725,165 |  |  | $ | 710,450 |
Natural Ingredients |  |  | 244,155 |  |  |  | 252,941 |  |  |  | 240,844 |
Food & Beverage Colors |  |  | 307,301 |  |  |  | 310,739 |  |  |  | 317,880 |
Non-Food Colors |  |  | 229,324 |  |  |  | 231,226 |  |  |  | 218,703 |
Intersegment Revenue |  |  | (58,164 | ) |  |  | (61,021 | ) |  |  | (57,088 | )
Consolidated |  | $ | 1,467,550 |  |  | $ | 1,459,050 |  |  | $ | 1,430,789

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