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Operational Improvement Plan | 6 Months Ended
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Jun. 30, 2022
Operational Improvement Plan [Abstract] |
Operational Improvement Plan |
3. | Operational Improvement Plan
During the third quarter of 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 combined its New Jersey cosmetics manufacturing facility in the Personal Care product line of the Color segment into its existing Color segment facility in Missouri. In addition, the Company centralized certain Flavors & Extracts segment support functions in Europe into one location. In the Asia Pacific segment, the Company incurred costs in connection with the elimination of certain selling and administrative positions. The Company reports all costs and income associated with the Operational Improvement Plan in Corporate & Other. There were no costs associated with the Operational Improvement Plan for the three and six months ended June 30, 2022. The following table summarizes the Operational Improvement Plan expenses recorded in Selling and Administrative Expenses by segment for the three months ended June 30, 2021:
(In thousands) |  | Flavors & Extracts |  |  | Color |  |  | Asia Pacific |  |  | Consolidated |
Employee separation costs |  | $ | 3 |  |  | $ | 26 |  |  | $ | (24 | ) |  | $ | 5 |
Other income(1) |  |  | - |  |  |  | (3,624 | ) |  |  | - |  |  |  | (3,624 | )
Other costs(2) |  |  | - |  |  |  | 125 |  |  |  | - |  |  |  | 125 |
Total expense (income) |  | $ | 3 |  |  | $ | (3,473 | ) |  | $ | (24 | ) |  | $ | (3,494 | )
| (1) | Other income includes cash received for the early termination of a lease less associated expenses.
| (2) | Other costs include professional services, accelerated depreciation, and other related costs.
The following table summarizes the Operational Improvement Plan expenses recorded in Selling and Administrative Expenses by segment for the six months ended June 30, 2021:
(In thousands) |  | Flavors & Extracts |  |  | Color |  |  | Asia Pacific |  |  | Consolidated |
Employee separation costs |  | $ | (16 | ) |  | $ | 80 |  |  | $ | (68 | ) |  | $ | (4 | )
Other income(1) |  |  | - |  |  |  | (3,624 | ) |  |  | - |  |  |  | (3,624 | )
Other costs(2) |  |  | - |  |  |  | 1,134 |  |  |  | 1 |  |  |  | 1,135 |
Total expense (income) |  | $ | (16 | ) |  | $ | (2,410 | ) |  | $ | (67 | ) |  | $ | (2,493 | )
| (1) | Other income includes cash received for the early termination of a lease less associated expenses.
| (2) | Other costs include professional services, accelerated depreciation, and other related costs.
As of June 30, 2022 and December 31 2021, accrued liabilities in Other Accrued Expenses totaled $0.4 million and $0.8 million, respectively, related to the Operational Improvement Plan.

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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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(e)) -URI https://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -URI https://asc.fasb.org/topic&trid=2175745 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI https://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 + Details
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