Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Information [Abstract]

Operating Results by Segment

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

(In thousands)	Flavors & Extracts			Color			Asia Pacific			Corporate & Other			Consolidated
Three months ended March 31, 2025:
Total segment revenue	$	193,681		$	167,750		$	41,901		$	-		$	403,332
Intersegment revenue		(5,883	)		(5,114	)		(10	)		-			(11,007	)
Consolidated revenue from external customers		187,798			162,636			41,891			-			392,325
Cost of products sold		137,934			96,437			24,363			1,814			260,548
Selling and administrative expense		24,875			31,347			8,086			13,939			78,247
Operating income (loss)		24,989			34,852			9,442			(15,753	)		53,530
Interest expense														7,341
Earnings before income taxes													$	46,189
Assets		811,518			852,073			125,110			303,967			2,092,668
Capital expenditures		12,535			3,522			175			622			16,854
Depreciation and amortization		7,640			5,936			548			950			15,074
Three months ended March 31, 2024:
Total segment revenue	$	193,092		$	160,025		$	40,306		$	-		$	393,423
Intersegment revenue		(5,070	)		(3,661	)		(22	)		-			(8,753	)
Consolidated revenue from external customers		188,022			156,364			40,284			-			384,670
Cost of products sold		138,982			95,003			24,029			107			258,121
Selling and administrative expense		25,362			29,682			7,479			14,620			77,143
Operating income (loss)		23,678			31,679			8,776			(14,727	)		49,406
Interest expense														7,045
Earnings before income taxes													$	42,361
Assets		785,024			840,433			106,980			273,245			2,005,682
Capital expenditures		4,581			5,217			390			842			11,030
Depreciation and amortization		7,620			5,440			636			1,013			14,709

Product Lines

Product Lines

(In thousands)	Flavors & Extracts			Color			Asia Pacific			Consolidated
Three months ended March 31, 2025:
Flavors, Extracts & Flavor Ingredients	$	130,181		$	-		$	-		$	130,181
Natural Ingredients		63,500			-			-			63,500
Food & Pharmaceutical Colors		-			124,600			-			124,600
Personal Care		-			43,150			-			43,150
Asia Pacific		-			-			41,901			41,901
Intersegment Revenue		(5,883	)		(5,114	)		(10	)		(11,007	)
Total revenue from external customers	$	187,798		$	162,636		$	41,891		$	392,325
Three months ended March 31, 2024:
Flavors, Extracts & Flavor Ingredients	$	124,805		$	-		$	-		$	124,805
Natural Ingredients		68,287			-			-			68,287
Food & Pharmaceutical Colors		-			117,058			-			117,058
Personal Care		-			42,967			-			42,967
Asia Pacific		-			-			40,306			40,306
Intersegment Revenue		(5,070	)		(3,661	)		(22	)		(8,753	)
Total revenue from external customers	$	188,022		$	156,364		$	40,284		$	384,670

Geographical Markets

Geographic Markets

(In thousands)	Flavors & Extracts		Color		Asia Pacific		Consolidated
Three months ended March 31, 2025:
North America	$	149,627	$	78,669	$	1	$	228,297
Europe		28,157		47,723		22		75,902
Asia Pacific		4,522		16,626		40,764		61,912
Other		5,492		19,618		1,104		26,214
Total revenue from external customers	$	187,798	$	162,636	$	41,891	$	392,325
Three months ended March 31, 2024:
North America	$	146,952	$	75,120	$	-	$	222,072
Europe		32,157		46,162		46		78,365
Asia Pacific		3,706		17,419		38,685		59,810
Other		5,207		17,663		1,553		24,423
Total revenue from external customers	$	188,022	$	156,364	$	40,284	$	384,670