Portfolio Optimization Plan (Tables)

12 Months Ended

Dec. 31, 2025

Portfolio Optimization Plan [Abstract]

Portfolio Optimization Plan Expenses by Segment

The following table summarizes the Portfolio Optimization Plan expenses by segment for the year ended December 31, 2025:

(In thousands)	Flavors & Extracts		Color		Corporate & Other		Consolidated
Non-cash impairment charges – Selling and administrative expenses	$	953	$	-	$	-	$	953
Non-cash charges – Cost of products sold		4,344		-		-		4,344
Employee separation – Selling and administrative expenses		758		8		-		766
Other production costs – Cost of products sold		3,187		-		-		3,187
Other costs – Selling and administrative expenses(1)		5,986		403		167		6,556
Total	$	15,228	$	411	$	167	$	15,806

(1) Other costs include professional services, decommissioning costs, and other related costs.

The following table summarizes the Portfolio Optimization Plan expenses by segment for the year ended December 31, 2024:

(In thousands)	Flavors & Extracts		Color			Corporate & Other			Consolidated
Non-cash impairment charges – Selling and administrative expenses	$	-	$	1,129		$	-		$	1,129
Non-cash charges – Cost of products sold		934		(194	)		-			740
Employee separation – Selling and administrative expenses		1,450		583			26			2,059
Other production costs – Cost of products sold		622		-			-			622
Other costs – Selling and administrative expenses(1)		1,813		382			(114	)		2,081
Total	$	4,819	$	1,900		$	(88	)	$	6,631

(1) Other costs include professional services, decommissioning costs, and other related costs.

The following table summarizes the Portfolio Optimization Plan expenses by segment for the year ended December 31, 2023:

(In thousands)	Flavors & Extracts		Color		Corporate & Other		Consolidated
Non-cash impairment charges – Selling and administrative expenses	$	11,599	$	9,355	$	-	$	20,954
Non-cash charges – Cost of products sold		2,040		1,095		-		3,135
Employee separation – Selling and administrative expenses		2,820		288		108		3,216
Other costs – Selling and administrative expenses(1)		39		497		-		536
Total	$	16,498	$	11,235	$	108	$	27,841

⁽¹⁾ Other costs include legal settlements, professional services, and other related costs.