XML 54 R44.htm IDEA: XBRL DOCUMENT v3.23.2
SIGNIFICANT ACQUISITIONS - Narrative (Details)
kr in Thousands
3 Months Ended 6 Months Ended
Aug. 30, 2022
USD ($)
Jun. 21, 2022
USD ($)
Jun. 21, 2022
NOK (kr)
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
Jun. 30, 2022
USD ($)
Dec. 31, 2022
USD ($)
Business Acquisition [Line Items]                
Cash paid for acquisitions, net of cash acquired           $ 341,000 $ 295,660,000  
Goodwill       $ 773,913,000   773,913,000   $ 769,509,000
Human Nutrition and Health                
Business Acquisition [Line Items]                
Goodwill percent 80.00%              
Animal Nutrition and Health                
Business Acquisition [Line Items]                
Goodwill percent 20.00%              
Bergstrom                
Business Acquisition [Line Items]                
Percentage of outstanding common shares acquired 100.00%              
Payments $ 71,233,000         70,892,000    
Total expected payments 76,233,000              
Cash acquired from acquisition 773,000              
Cash paid for acquisitions, net of cash acquired 70,254,000              
Contingent consideration liability       5,000,000   5,000,000    
Expected payments           76,233,000    
Working capital adjustment           341,000    
Goodwill $ 31,550,000              
Acquisition-related costs         $ 75,000   75,000  
Transaction and integration costs       (7,769,000)   (5,880,000)    
Acquisition of transaction costs       8,000,000   6,400,000    
Bergstrom | Customer relationships                
Business Acquisition [Line Items]                
Useful life of intangible assets acquired 15 years              
Bergstrom | Corporate trademark                
Business Acquisition [Line Items]                
Useful life of intangible assets acquired 2 years              
Bergstrom | Product trademarks                
Business Acquisition [Line Items]                
Useful life of intangible assets acquired 10 years              
Bergstrom | Developed technology                
Business Acquisition [Line Items]                
Useful life of intangible assets acquired 12 years              
Bergstrom | Former Shareholders                
Business Acquisition [Line Items]                
Payments $ 71,027,000              
Total expected payments 76,027,000              
Bergstrom | Former Bank                
Business Acquisition [Line Items]                
Total expected payments $ 206,000              
Kechu BidCo AS and Its Subsidiary Companies (Kappa)                
Business Acquisition [Line Items]                
Payments | kr     kr 3,305,653          
Total expected payments   $ 333,112,000            
Cash acquired from acquisition   6,365,000 63,064          
Cash paid for acquisitions, net of cash acquired | kr     kr 2,938,917          
Contingent consideration liability       0   0    
Goodwill   216,383,000            
Acquisition-related costs       $ 204,000 $ 451,000 $ 479,000 $ 451,000  
Net gain on foreign currency exchange forward contracts   (512,000)            
Kappa bank debt paid on acquisition date   $ 333,112,000            
Kechu BidCo AS and Its Subsidiary Companies (Kappa) | Customer relationships                
Business Acquisition [Line Items]                
Useful life of intangible assets acquired   15 years 15 years          
Kechu BidCo AS and Its Subsidiary Companies (Kappa) | Corporate trademark                
Business Acquisition [Line Items]                
Useful life of intangible assets acquired   2 years 2 years          
Kechu BidCo AS and Its Subsidiary Companies (Kappa) | Product trademarks                
Business Acquisition [Line Items]                
Useful life of intangible assets acquired   10 years 10 years          
Kechu BidCo AS and Its Subsidiary Companies (Kappa) | Developed technology                
Business Acquisition [Line Items]                
Useful life of intangible assets acquired   12 years 12 years          
Kechu BidCo AS and Its Subsidiary Companies (Kappa) | Former Shareholders                
Business Acquisition [Line Items]                
Payments | kr     kr 3,001,981          
Total expected payments   $ 302,464,000            
Cash paid for acquisitions, net of cash acquired   296,099,000            
Kappa bank debt paid on acquisition date   302,464,000            
Kechu BidCo AS and Its Subsidiary Companies (Kappa) | Lenders                
Business Acquisition [Line Items]                
Payments | kr     kr 303,672          
Total expected payments   $ 30,648,000