SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2013

Segment Reporting Information, by Segment

The Company’s reportable segments are strategic businesses that offer products and services to different markets. The Company presently has three segments: Specialty Products; Food, Pharma & Nutrition; and Animal Nutrition & Health. The Specialty Products segment provides specialty-packaged chemicals for use in healthcare and other industries. Human choline nutrient products, pharmaceutical products and encapsulated products are reported in the Food, Pharma & Nutrition segment. This segment provides microencapsulation solutions to a variety of applications in food, pharmaceutical and nutritional ingredients to enhance performance of nutritional fortification, processing, mixing, packaging applications and shelf-life. The Animal Nutrition & Health segment manufactures and supplies choline chloride, an essential nutrient for animal health, to the poultry and swine industries. In addition, certain derivatives of choline chloride are manufactured and sold into industrial applications and are included in this segment. Chelated minerals and specialty nutritional products for the animal health industry are also reported in this segment. The Company sells products for all segments through its own sales force, independent distributors, and sales agents. The accounting policies of the segments are the same as those described in the summary of significant accounting policies.

Business Segment Net Sales:

	2013		2012		2011
Specialty Products	$	51,086	$	49,990	$	47,851
Food, Pharma & Nutrition		47,569		44,070		42,525
Animal Nutrition & Health		238,518		216,333		201,491
Total	$	337,173	$	310,393	$	291,867

Business Segment Earnings Before Income Taxes:

	2013		2012		2011
Specialty Products	$	20,224	$	20,332	$	18,636
Food, Pharma & Nutrition		11,233		11,335		11,113
Animal Nutrition & Health		34,145		28,110		26,476
Interest and other income, net		216		67		513
Total	$	65,818	$	59,844	$	56,738

Depreciation/Amortization:

	2013		2012		2011
Specialty Products	$	1,386	$	1,369	$	1,291
Food, Pharma & Nutrition		1,356		1,444		1,486
Animal Nutrition & Health		7,732		6,828		6,514
Total	$	10,474	$	9,641	$	9,291

Business Segment Assets:

	2013		2012		2011
Specialty Products	$	24,850	$	26,964	$	25,618
Food, Pharma & Nutrition		22,343		21,393		20,307
Animal Nutrition & Health		116,710		116,035		105,422
Other Unallocated		212,969		148,153		120,370
Total	$	376,872	$	312,545	$	271,717

Other unallocated assets consist of certain cash, receivables, prepaid expenses, equipment and leasehold improvements, net of accumulated depreciation, and deferred income taxes, which the Company does not allocate to its individual business segments.

Capital Expenditures:

	2013		2012		2011
Specialty Products	$	725	$	836	$	1,034
Food, Pharma & Nutrition		1,318		924		403
Animal Nutrition & Health		6,144		12,123		5,175
Total	$	8,187	$	13,883	$	6,612

Geographic Revenue Information

Geographic Revenue Information:

	2013		2012		2011
United States	$	227,651	$	207,490	$	191,204
Foreign Countries		109,522		102,903		100,663
Total	$	337,173	$	310,393	$	291,867

Geographic area data - long-lived assets (excluding intangible assets)

Geographic Area Data – Long-Lived Assets (excluding intangible assets):

	2013		2012		2011
United States	$	43,078	$	41,183	$	33,511
Italy		11,838		11,542		10,771
Total	$	54,916	$	52,725	$	44,282

- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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