Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Operating results by segment for the periods presented are as follows:

(In thousands)	Flavors & Fragrances		Color		Asia Pacific		Corporate & Other			Consolidated
Three months ended June 30, 2020:
Revenue from external customers	$	178,430	$	116,879	$	27,781	$	-		$	323,090
Intersegment revenue		5,181		4,417		92		-			9,690
Total revenue	$	183,611	$	121,296	$	27,873	$	-		$	332,780

Operating income (loss)	$	22,752	$	22,263	$	4,849	$	(7,739	)	$	42,125
Interest expense		-		-		-		3,608			3,608
Earnings (loss) before income taxes	$	22,752	$	22,263	$	4,849	$	(11,347	)	$	38,517

Three months ended June 30, 2019:
Revenue from external customers	$	174,534	$	135,650	$	29,002	$	-		$	339,186
Intersegment revenue		5,600		3,262		-		-			8,862
Total revenue	$	180,134	$	138,912	$	29,002	$	-		$	348,048

Operating income (loss)	$	20,050	$	27,877	$	4,201	$	(4,760	)	$	47,368
Interest expense		-		-		-		5,200			5,200
Earnings (loss) before income taxes	$	20,050	$	27,877	$	4,201	$	(9,960	)	$	42,168

(In thousands)	Flavors & Fragrances		Color		Asia Pacific		Corporate & Other			Consolidated
Six months ended June 30, 2020:
Revenue from external customers	$	359,617	$	256,072	$	58,078	$	-		$	673,767
Intersegment revenue		10,492		8,719		244		-			19,455
Total revenue	$	370,109	$	264,791	$	58,322	$	-		$	693,222

Operating income (loss)	$	43,623	$	51,927	$	9,908	$	(28,772	)	$	76,686
Interest expense		-		-		-		7,915			7,915
Earnings (loss) before income taxes	$	43,623	$	51,927	$	9,908	$	(36,687	)	$	68,771

Six months ended June 30, 2019:
Revenue from external customers	$	353,278	$	275,900	$	57,521	$	-		$	686,699
Intersegment revenue		10,409		6,891		-		-			17,300
Total revenue	$	363,687	$	282,791	$	57,521	$	-		$	703,999

Operating income (loss)	$	43,175	$	58,076	$	8,419	$	(12,882	)	$	96,788
Interest expense		-		-		-		10,602			10,602
Earnings (loss) before income taxes	$	43,175	$	58,076	$	8,419	$	(23,484	)	$	86,186

Product Lines

(In thousands)	Flavors & Fragrances			Color			Asia Pacific			Consolidated
Three months ended June 30, 2020:
Flavors, Extracts & Flavor Ingredients	$	101,642		$	-		$	-		$	101,642
Natural Ingredients		57,227			-			-			57,227
Fragrances		21,077			-			-			21,077
Yogurt Fruit Preparations		3,665			-			-			3,665
Food & Beverage Colors		-			86,825			-			86,825
Personal Care		-			31,095			-			31,095
Inks		-			3,376			-			3,376
Asia Pacific		-			-			27,873			27,873
Intersegment Revenue		(5,181	)		(4,417	)		(92	)		(9,690	)
Total revenue from external customers	$	178,430		$	116,879		$	27,781		$	323,090

Three months ended June 30, 2019:
Flavors, Extracts & Flavor Ingredients	$	100,415		$	-		$	-		$	100,415
Natural Ingredients		52,425			-			-			52,425
Fragrances		21,166			-			-			21,166
Yogurt Fruit Preparations		6,128			-			-			6,128
Food & Beverage Colors		-			88,596			-			88,596
Personal Care		-			41,398			-			41,398
Inks		-			8,918			-			8,918
Asia Pacific		-			-			29,002			29,002
Intersegment Revenue		(5,600	)		(3,262	)		-			(8,862	)
Total revenue from external customers	$	174,534		$	135,650		$	29,002		$	339,186

(In thousands)	Flavors & Fragrances			Color			Asia Pacific			Consolidated
Six months ended June 30, 2020:
Flavors, Extracts & Flavor Ingredients	$	203,095		$	-		$	-		$	203,095
Natural Ingredients		114,827			-			-			114,827
Fragrances		43,361			-			-			43,361
Yogurt Fruit Preparations		8,826			-			-			8,826
Food & Beverage Colors		-			177,618			-			177,618
Personal Care		-			74,838			-			74,838
Inks		-			12,335			-			12,335
Asia Pacific		-			-			58,322			58,322
Intersegment Revenue		(10,492	)		(8,719	)		(244	)		(19,455	)
Total revenue from external customers	$	359,617		$	256,072		$	58,078		$	673,767

Six months ended June 30, 2019:
Flavors, Extracts & Flavor Ingredients	$	203,943		$	-		$	-		$	203,943
Natural Ingredients		103,644			-			-			103,644
Fragrances		44,433			-			-			44,433
Yogurt Fruit Preparations		11,667			-			-			11,667
Food & Beverage Colors		-			177,444			-			177,444
Personal Care		-			86,319			-			86,319
Inks		-			19,028			-			19,028
Asia Pacific		-			-			57,521			57,521
Intersegment Revenue		(10,409	)		(6,891	)		-			(17,300	)
Total revenue from external customers	$	353,278		$	275,900		$	57,521		$	686,699

Geographic Markets

(In thousands)	Flavors & Fragrances		Color		Asia Pacific		Consolidated
Three months ended June 30, 2020:
North America	$	120,827	$	61,370	$	-	$	182,197
Europe		39,272		25,250		45		64,567
Asia Pacific		8,103		16,195		27,135		51,433
Other		10,228		14,064		601		24,893
Total revenue from external customers	$	178,430	$	116,879	$	27,781	$	323,090

Three months ended June 30, 2019:
North America	$	113,115	$	65,301	$	37	$	178,453
Europe		41,323		38,682		107		80,112
Asia Pacific		9,430		15,112		28,722		53,264
Other		10,666		16,555		136		27,357
Total revenue from external customers	$	174,534	$	135,650	$	29,002	$	339,186

(In thousands)	Flavors & Fragrances		Color		Asia Pacific		Consolidated
Six months ended June 30, 2020:
North America	$	237,528	$	127,635	$	-	$	365,163
Europe		83,149		63,988		67		147,204
Asia Pacific		17,458		32,170		56,257		105,885
Other		21,482		32,279		1,754		55,515
Total revenue from external customers	$	359,617	$	256,072	$	58,078	$	673,767

Six months ended June 30, 2019:
North America	$	225,862	$	131,308	$	62	$	357,232
Europe		89,324		80,817		148		170,289
Asia Pacific		17,039		31,537		56,988		105,564
Other		21,053		32,238		323		53,614
Total revenue from external customers	$	353,278	$	275,900	$	57,521	$	686,699