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Segment and Geographic Information (Tables) | 12 Months Ended
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Dec. 31, 2017
Segment and Geographic Information [Abstract] |
Segment Information | Consistent with presentation in the Company’s 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 Corporate & Other. In addition, the Company’s corporate expenses are included in Corporate & Other.
(In thousands) |  | Flavors & Fragrances |  |  | Color |  |  | Asia Pacific |  |  | Corporate & Other |  |  | Consolidated |
2017: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 727,026 |  |  | $ | 512,811 |  |  | $ | 122,428 |  |  | $ | — |  |  | $ | 1,362,265 |
Intersegment revenue |  |  | 19,917 |  |  |  | 13,552 |  |  |  | 765 |  |  |  | — |  |  |  | 34,234 |
Total revenue |  |  | 746,943 |  |  |  | 526,363 |  |  |  | 123,193 |  |  |  | — |  |  |  | 1,396,499 |
Operating income (loss) |  |  | 114,343 |  |  |  | 113,381 |  |  |  | 20,772 |  |  |  | (80,690 | ) |  |  | 167,806 |
Interest expense |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 19,383 |  |  |  | 19,383 |
Earnings (loss) before income taxes from continuing operations |  |  | 114,343 |  |  |  | 113,381 |  |  |  | 20,772 |  |  |  | (100,073 | ) |  |  | 148,423 |
Assets |  |  | 773,173 |  |  |  | 720,328 |  |  |  | 99,770 |  |  |  | 131,069 |  |  |  | 1,724,340 |
Capital expenditures |  |  | 31,989 |  |  |  | 18,797 |  |  |  | 3,557 |  |  |  | 2,001 |  |  |  | 56,344 |
Depreciation and amortization |  |  | 23,611 |  |  |  | 19,902 |  |  |  | 2,303 |  |  |  | 2,702 |  |  |  | 48,518 |
2016: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 771,434 |  |  | $ | 490,862 |  |  | $ | 120,914 |  |  | $ | — |  |  | $ | 1,383,210 |
Intersegment revenue |  |  | 24,377 |  |  |  | 13,269 |  |  |  | 282 |  |  |  | — |  |  |  | 37,928 |
Total revenue |  |  | 795,811 |  |  |  | 504,131 |  |  |  | 121,196 |  |  |  | — |  |  |  | 1,421,138 |
Operating income (loss) |  |  | 124,059 |  |  |  | 105,814 |  |  |  | 23,603 |  |  |  | (67,867 | ) |  |  | 185,609 |
Interest expense |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 18,324 |  |  |  | 18,324 |
Earnings (loss) before income taxes from continuing operations |  |  | 124,059 |  |  |  | 105,814 |  |  |  | 23,603 |  |  |  | (86,191 | ) |  |  | 167,285 |
Assets |  |  | 785,449 |  |  |  | 673,754 |  |  |  | 92,203 |  |  |  | 116,454 |  |  |  | 1,667,860 |
Capital expenditures |  |  | 57,622 |  |  |  | 15,422 |  |  |  | 5,199 |  |  |  | 2,973 |  |  |  | 81,216 |
Depreciation and amortization |  |  | 22,897 |  |  |  | 19,421 |  |  |  | 2,042 |  |  |  | 2,659 |  |  |  | 47,019 |
2015: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenue from external customers |  | $ | 795,239 |  |  | $ | 469,718 |  |  | $ | 111,007 |  |  | $ | — |  |  | $ | 1,375,964 |
Intersegment revenue |  |  | 24,211 |  |  |  | 12,174 |  |  |  | 180 |  |  |  | — |  |  |  | 36,565 |
Total revenue |  |  | 819,450 |  |  |  | 481,892 |  |  |  | 111,187 |  |  |  | — |  |  |  | 1,412,529 |
Operating income (loss) |  |  | 122,285 |  |  |  | 97,657 |  |  |  | 22,227 |  |  |  | (75,828 | ) |  |  | 166,341 |
Interest expense |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 16,945 |  |  |  | 16,945 |
Earnings (loss) before income taxes from continuing operations |  |  | 122,285 |  |  |  | 97,657 |  |  |  | 22,227 |  |  |  | (92,773 | ) |  |  | 149,396 |
Assets |  |  | 806,755 |  |  |  | 714,138 |  |  |  | 74,972 |  |  |  | 107,867 |  |  |  | 1,703,732 |
Capital expenditures |  |  | 56,233 |  |  |  | 18,933 |  |  |  | 2,643 |  |  |  | 2,132 |  |  |  | 79,941 |
Depreciation and amortization |  |  | 24,049 |  |  |  | 19,025 |  |  |  | 1,853 |  |  |  | 3,012 |  |  |  | 47,939 |
Geographical Information | The Company’s annual revenue from continuing operations summarized by geographic location is as follows:
(In thousands) |  | 2017 |  |  | 2016 |  |  | 2015 |
Revenue from external customers: |  |  |  |  |  |  |  |  |
North America |  | $ | 718,708 |  |  | $ | 745,660 |  |  | $ | 744,481 |
Europe |  |  | 324,597 |  |  |  | 342,818 |  |  |  | 349,100 |
Asia Pacific |  |  | 208,935 |  |  |  | 196,884 |  |  |  | 177,559 |
Other |  |  | 110,025 |  |  |  | 97,848 |  |  |  | 104,824 |
Consolidated |  | $ | 1,362,265 |  |  | $ | 1,383,210 |  |  | $ | 1,375,964 |
Long-lived assets: |  |  |  |  |  |  |  |  |  |  |  |
North America |  | $ | 546,661 |  |  | $ | 548,674 |  |  | $ | 541,654 |
Europe |  |  | 405,238 |  |  |  | 361,029 |  |  |  | 397,244 |
Asia Pacific |  |  | 31,390 |  |  |  | 30,006 |  |  |  | 26,589 |
Other |  |  | 7,576 |  |  |  | 11,090 |  |  |  | 9,340 |
Consolidated |  | $ | 990,865 |  |  | $ | 950,799 |  |  | $ | 974,827 |
Product Information | The Company’s revenue from continuing operations summarized by product portfolio is as follows:
(In thousands) |  | 2017 |  |  | 2016 |  |  | 2015 |
Traditional Flavors & Fragrances |  | $ | 618,798 |  |  | $ | 651,870 |  |  | $ | 666,528 |
Natural Ingredients |  |  | 224,983 |  |  |  | 240,710 |  |  |  | 240,793 |
Food & Beverage Colors |  |  | 303,796 |  |  |  | 301,751 |  |  |  | 300,637 |
Non-Food Colors |  |  | 248,922 |  |  |  | 226,807 |  |  |  | 204,571 |
Interdivision Revenue |  |  | (34,234 | ) |  |  | (37,928 | ) |  |  | (36,565 | )
Consolidated |  | $ | 1,362,265 |  |  | $ | 1,383,210 |  |  | $ | 1,375,964 |

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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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