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SEGMENT AND GEOGRAPHIC INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2014
SEGMENT AND GEOGRAPHIC INFORMATION [Abstract] |
Segment Disclosure | Consistent with presentation in the Consolidated Balance Sheets and Statements of Cash Flows, the below amounts for Assets, Capital expenditures, and Depreciation and amortization include discontinued operations for all periods presented and are included in the Corporate & Other segment.
(in thousands) |  | Flavors & Fragrances |  |  | Color |  |  | Corporate & Other |  |  | Consolidated |
2014 |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 813,808 |  |  | $ | 487,503 |  |  | $ | 146,510 |  |  | $ | 1,447,821 |
Intersegment revenue |  |  | 33,214 |  |  |  | 20,574 |  |  |  | 229 |  |  |  | 54,017 |
Total revenue |  |  | 847,022 |  |  |  | 508,077 |  |  |  | 146,739 |  |  |  | 1,501,838 |
Operating income (loss) |  |  | 119,093 |  |  |  | 114,884 |  |  |  | (103,312 | ) |  |  | 130,665 |
Interest expense |  |  | — |  |  |  | — |  |  |  | 16,067 |  |  |  | 16,067 |
Earnings (loss) before income taxes from continuing operations |  |  | 119,093 |  |  |  | 114,884 |  |  |  | (119,379 | ) |  |  | 114,598 |
Assets |  |  | 814,215 |  |  |  | 732,364 |  |  |  | 218,627 |  |  |  | 1,765,206 |
Capital expenditures |  |  | 41,131 |  |  |  | 31,883 |  |  |  | 6,384 |  |  |  | 79,398 |
Depreciation and amortization |  |  | 26,180 |  |  |  | 18,785 |  |  |  | 6,491 |  |  |  | 51,456 |
2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 843,233 |  |  | $ | 473,811 |  |  | $ | 145,082 |  |  | $ | 1,462,126 |
Intersegment revenue |  |  | 33,269 |  |  |  | 21,246 |  |  |  | 97 |  |  |  | 54,612 |
Total revenue |  |  | 876,502 |  |  |  | 495,057 |  |  |  | 145,179 |  |  |  | 1,516,738 |
Operating income (loss) |  |  | 120,278 |  |  |  | 107,873 |  |  |  | (54,371 | ) |  |  | 173,780 |
Interest expense |  |  | — |  |  |  | — |  |  |  | 16,147 |  |  |  | 16,147 |
Earnings (loss) before income taxes from continuing operations |  |  | 120,278 |  |  |  | 107,873 |  |  |  | (70,518 | ) |  |  | 157,633 |
Assets |  |  | 896,335 |  |  |  | 761,485 |  |  |  | 212,914 |  |  |  | 1,870,734 |
Capital expenditures |  |  | 59,040 |  |  |  | 38,639 |  |  |  | 6,567 |  |  |  | 104,246 |
Depreciation and amortization |  |  | 27,435 |  |  |  | 17,541 |  |  |  | 7,040 |  |  |  | 52,016 |
2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 835,619 |  |  | $ | 478,341 |  |  | $ | 139,595 |  |  | $ | 1,453,555 |
Intersegment revenue |  |  | 34,428 |  |  |  | 22,326 |  |  |  | 34 |  |  |  | 56,788 |
Total revenue |  |  | 870,047 |  |  |  | 500,667 |  |  |  | 139,629 |  |  |  | 1,510,343 |
Operating income (loss) |  |  | 120,825 |  |  |  | 101,062 |  |  |  | (29,008 | ) |  |  | 192,879 |
Interest expense |  |  | — |  |  |  | — |  |  |  | 16,901 |  |  |  | 16,901 |
Earnings (loss) before income taxes from continuing operations |  |  | 120,825 |  |  |  | 101,062 |  |  |  | (45,909 | ) |  |  | 175,978 |
Assets |  |  | 859,303 |  |  |  | 715,683 |  |  |  | 201,657 |  |  |  | 1,776,643 |
Capital expenditures |  |  | 49,781 |  |  |  | 45,858 |  |  |  | 8,167 |  |  |  | 103,806 |
Depreciation and amortization |  |  | 26,996 |  |  |  | 14,393 |  |  |  | 6,963 |  |  |  | 48,352 |
Geographical Information | The Company’s annual revenue from continuing operations summarized by geographic location is as follows:
(in thousands) |  | 2014 |  |  | 2013 |  |  | 2012 |
Revenue from external customers: |  |  |  |  |  |  |  |  |
North America |  | $ | 750,345 |  |  | $ | 782,088 |  |  | $ | 783,840 |
Europe |  |  | 389,588 |  |  |  | 382,077 |  |  |  | 370,490 |
Asia Pacific |  |  | 193,163 |  |  |  | 188,917 |  |  |  | 197,658 |
Other |  |  | 114,725 |  |  |  | 109,044 |  |  |  | 101,567 |
Consolidated |  | $ | 1,447,821 |  |  | $ | 1,462,126 |  |  | $ | 1,453,555 |
Long-lived assets: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 537,668 |  |  | $ | 531,005 |  |  | $ | 504,483 |
Europe |  |  | 423,972 |  |  |  | 506,352 |  |  |  | 472,865 |
Asia Pacific |  |  | 29,948 |  |  |  | 32,148 |  |  |  | 35,891 |
Other |  |  | 14,229 |  |  |  | 11,404 |  |  |  | 12,050 |
Consolidated |  | $ | 1,005,817 |  |  | $ | 1,080,909 |  |  | $ | 1,025,289 |
Product Information | The Company’s revenue from continuing operations summarized by product portfolio is as follows:
(in thousands) |  | 2014 |  |  | 2013 |  |  | 2012 |
Traditional Flavors & Fragrances |  | $ | 724,693 |  |  | $ | 736,107 |  |  | $ | 715,227 |
Natural Ingredients |  |  | 227,538 |  |  |  | 244,155 |  |  |  | 252,941 |
Food & Beverage Colors |  |  | 334,565 |  |  |  | 307,179 |  |  |  | 310,639 |
Non-Food Colors |  |  | 215,042 |  |  |  | 229,297 |  |  |  | 231,536 |
Interdivision Revenue |  |  | (54,017 | ) |  |  | (54,612 | ) |  |  | (56,788 | )
Consolidated |  | $ | 1,447,821 |  |  | $ | 1,462,126 |  |  | $ | 1,453,555 |

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- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 + Details
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