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Operational Improvement Plan | 9 Months Ended
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Sep. 30, 2020
Operational Improvement Plan [Abstract] |
Operational Improvement Plan |
3. | Operational Improvement Plan
During the three months ended September 30, 2020, the Company approved an operational improvement plan (Operational Improvement Plan) to consolidate manufacturing facilities and improve efficiencies within the Company. As part of the Operational Improvement Plan, the Company is combining its New Jersey cosmetics manufacturing facility in the Personal Care product line of the Color segment into its existing Color segment facility in Missouri, and the Company incurred additional employee separation costs within its Personal Care product line in the Color segment. In addition, the Company is centralizing certain Flavors & Extracts segment support functions in Europe into one location. In the Asia Pacific segment, the Company incurred employee separation costs in connection with the elimination of certain selling and administrative positions. The following table summarizes the Operational Improvement Plan costs by segment for the three and nine months ended September 30, 2020:
(In thousands) Three and Nine Months Ended September 30, 2020 |  | Flavors & Extracts |  |  | Color |  |  | Asia Pacific |  |  | Consolidated |
Employee separation |  | $ | 337 |  |  | $ | 1,477 |  |  | $ | 610 |  |  | $ | 2,424 |
Other costs(1) |  |  | - |  |  |  | 217 |  |  |  | - |  |  |  | 217 |
Total |  | $ | 337 |  |  | $ | 1,694 |  |  | $ | 610 |  |  | $ | 2,641 |
| (1) | Other costs include professional services, accelerated depreciation, and other related costs.
The Company recorded the Operational Improvement Plan costs for the three and nine months ended September 30, 2020, as follows:
(In thousands) Three and Nine Months Ended September 30, 2020 |  | Selling & Administrative Expenses |  |  | Cost of Products Sold |  |  | Consolidated |
Employee separation |  | $ | 2,424 |  |  | $ | - |  |  | $ | 2,424 |
Other costs(1) |  |  | 182 |  |  |  | 35 |  |  |  | 217 |
Total |  | $ | 2,606 |  |  | $ | 35 |  |  | $ | 2,641 |
| (1) | Other costs include professional services, accelerated depreciation, and other related costs.
The Company expects the total costs in 2020 and 2021 associated with the Operational Improvement Plan to be between $5 million and $7 million, primarily related to severance and accelerated depreciation.

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- Definition The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI http://asc.fasb.org/topic&trid=2175745 + Details
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