Sensient Technologies (SXT) 10-K18 Feb 222021 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2021	Feb. 08, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY
Document Transition Report	false
Entity File Number	001-07626
Entity Registrant Name	Sensient Technologies Corp
Entity Central Index Key	0000310142
Entity Incorporation, State or Country Code	WI
Entity Tax Identification Number	39-0561070
Entity Address, Address Line One	777 EAST WISCONSIN AVENUE
Entity Address, City or Town	MILWAUKEE
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53202-5304
City Area Code	414
Local Phone Number	271-6755
Title of 12(b) Security	Common Stock, $0.10 par value
Trading Symbol	SXT
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 3,566,072,325
Entity Common Stock, Shares Outstanding		41,982,292
Auditor Firm ID	42
Auditor Name	Ernst & Young LLP
Auditor Location	Milwaukee, Wisconsin

CONSOLIDATED STATEMENTS OF EARN

CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
CONSOLIDATED STATEMENTS OF EARNINGS [Abstract]
Revenue	$ 1,380,264	$ 1,332,001	$ 1,322,934
Cost of products sold	925,603	908,254	908,061
Selling and administrative expenses	284,633	271,091	293,763
Operating income	170,028	152,656	121,110
Interest expense	12,544	14,811	20,107
Earnings before income taxes	157,484	137,845	101,003
Income taxes	38,739	28,373	18,956
Net earnings	$ 118,745	$ 109,472	$ 82,047
Earnings per common share:
Basic (in dollars per share)	$ 2.82	$ 2.59	$ 1.94
Diluted (in dollars per share)	$ 2.81	$ 2.59	$ 1.94
Weighted average number of common shares outstanding:
Basic (in shares)	42,077	42,301	42,263
Diluted (in shares)	42,258	42,346	42,294

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Net earnings	$ 118,745	$ 109,472	$ 82,047
Cash flow hedges adjustment, net of tax expense (benefit) of ($430), $524 and ($193), respectively	(543)	948	(346)
Pension adjustment, net of tax expense (benefit) of $577, ($475) and ($409), respectively	1,612	(1,293)	(1,221)
Foreign currency translation on net investment hedges	17,937	(24,044)	3,091
Tax effect of current year activity on net investment hedges	(4,455)	5,973	(768)
Foreign currency translation on long-term intercompany loans	13,798	(7,731)	(752)
Tax effect of current year activity on intercompany long-term loans	(3,990)	3,757	(768)
Reclassification of cumulative translation to net earnings	10,203	(8,625)	0
Other foreign currency translation	(50,099)	34,932	3,311
Total comprehensive income	$ 103,208	$ 113,389	$ 84,594

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Cash flow hedges adjustment, tax expense (benefit)	$ (430)	$ 524	$ (193)
Pension adjustment, tax expense (benefit)	$ 577	$ (475)	$ (409)

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Current Assets:
Cash and cash equivalents	$ 25,740	$ 24,770
Trade accounts receivable	261,121	234,132
Inventories	411,635	381,346
Prepaid expenses and other current assets	42,657	48,578
Assets held for sale	0	52,760
Total current assets	741,153	741,586
Other assets	92,952	89,883
Deferred tax assets	29,901	29,678
Intangible assets, net	14,975	10,930
Goodwill	420,034	423,290
Property, Plant, and Equipment:
Land	31,028	31,422
Buildings	315,207	316,533
Machinery and equipment	715,344	703,485
Construction in progress	32,801	21,759
Property, plant, and equipment, gross	1,094,380	1,073,199
Less accumulated depreciation	(647,902)	(627,706)
Property, plant, and equipment, net	446,478	445,493
Total assets	1,745,493	1,740,860
Current Liabilities:
Trade accounts payable	125,519	107,324
Accrued salaries, wages, and withholdings from employees	40,939	34,462
Other accrued expenses	46,292	42,985
Income taxes	11,016	4,598
Short-term borrowings	8,539	9,247
Liabilities held for sale	0	17,339
Total current liabilities	232,305	215,955
Deferred tax liabilities	14,349	13,411
Other liabilities	28,829	30,213
Accrued employee and retiree benefits	28,579	28,941
Long-term debt	503,006	518,004
Shareholders' Equity:
Common stock, par value $0.10 a share, authorized 100,000,000 shares; issued 53,954,874 shares	5,396	5,396
Additional paid-in capital	111,352	102,909
Earnings reinvested in the business	1,630,713	1,578,662
Treasury stock, 12,107,549 and 11,647,627 shares, respectively, at cost	(634,408)	(593,540)
Accumulated other comprehensive loss	(174,628)	(159,091)
Total shareholders' equity	938,425	934,336
Total liabilities and shareholders' equity	$ 1,745,493	$ 1,740,860

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Shareholders' Equity:
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	53,954,874	53,954,874
Treasury stock, shares (in shares)	12,107,549	11,647,627

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash Flows from Operating Activities
Net earnings	$ 118,745	$ 109,472	$ 82,047
Adjustments to arrive at net cash provided by operating activities:
Depreciation and amortization	52,051	49,641	55,015
Share-based compensation expense (income)	9,573	5,608	(739)
Net loss (gain) on assets	331	(252)	(1,122)
Loss on divestitures and other charges	14,021	6,904	44,375
Deferred income taxes	(6,071)	(8,705)	(19,340)
Changes in operating assets and liabilities:
Trade accounts receivable	(34,571)	(11,357)	10,930
Inventories	(36,323)	46,828	25,238
Prepaid expenses and other assets	(6,057)	(12,868)	3,257
Trade accounts payable and other accrued expenses	21,326	15,524	(18,251)
Accrued salaries, wages, and withholdings from employees	7,321	15,140	(3,039)
Income taxes	4,275	22	(1,836)
Other liabilities	597	2,823	647
Net cash provided by operating activities	145,218	218,780	177,182
Cash Flows from Investing Activities:
Acquisition of property, plant, and equipment	(60,788)	(52,162)	(39,100)
Proceeds from sale of assets	216	1,075	2,242
Proceeds from divestiture of businesses	37,790	12,595	0
Acquisition of new businesses	(13,875)	0	0
Other investing activities	1,097	5,071	(553)
Net cash used in investing activities	(35,560)	(33,421)	(37,411)
Cash Flows from Financing Activities
Proceeds from additional borrowings	112,194	36,667	47,083
Debt payments	(110,168)	(154,348)	(134,449)
Purchase of treasury stock	(42,511)	0	0
Dividends paid	(66,694)	(66,057)	(62,190)
Other financing activities	(582)	(415)	(1,027)
Net cash used in financing activities	(107,761)	(184,153)	(150,583)
Effect of exchange rate changes on cash and cash equivalents	(927)	2,411	64
Net increase (decrease) in cash and cash equivalents	970	3,617	(10,748)
Cash and cash equivalents at beginning of year	24,770	21,153	31,901
Cash and cash equivalents at end of year	25,740	24,770	21,153
Cash paid during the year for:
Interest	12,593	14,751	20,130
Income taxes	29,224	44,755	40,139
Capitalized interest	$ 471	$ 514	$ 540

CONSOLIDATED STATEMENTS OF SHAR

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Earnings Reinvested in the Business [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Total
Beginning balance at Dec. 31, 2018	$ 5,396	$ 101,663	$ 1,516,243	$ (597,800)	$ (165,555)
Beginning balance (in shares) at Dec. 31, 2018				11,731,223
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings			82,047			$ 82,047
Other comprehensive Income (loss)					2,547
Cash dividends paid			(62,190)
Share-based compensation		(739)
Non-vested stock issued upon vesting		(2,343)		$ 2,343
Non-vested stock issued upon vesting (in shares)				(45,981)
Benefit plans		72		$ 948
Benefit plans (in shares)				(18,597)
Other		(228)		$ (815)
Other (in shares)				15,991
Ending balance at Dec. 31, 2019	5,396	98,425	1,536,100	$ (595,324)	(163,008)
Ending balance (in shares) at Dec. 31, 2019				11,682,636
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings			109,472			109,472
Other comprehensive Income (loss)					3,917
Cash dividends paid			(66,057)
Share-based compensation		5,608
Non-vested stock issued upon vesting		(1,352)		$ 1,352
Non-vested stock issued upon vesting (in shares)				(26,515)
Benefit plans		241		$ 833
Benefit plans (in shares)				(16,344)
Other		(13)	(853)	$ (401)
Other (in shares)				7,850
Ending balance at Dec. 31, 2020	5,396	102,909	1,578,662	$ (593,540)	(159,091)	$ 934,336
Ending balance (in shares) at Dec. 31, 2020				11,647,627		11,647,627
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings			118,745			$ 118,745
Other comprehensive Income (loss)					(15,537)
Cash dividends paid			(66,694)
Share-based compensation		9,573
Non-vested stock issued upon vesting		(1,264)		$ 1,264
Non-vested stock issued upon vesting (in shares)				(24,711)
Benefit plans		338		$ 756
Benefit plans (in shares)				(14,791)
Purchase of treasury stock				$ (42,511)
Purchase of treasury stock (in shares)				492,045
Other		(204)		$ (377)
Other (in shares)				7,379
Ending balance at Dec. 31, 2021	$ 5,396	$ 111,352	$ 1,630,713	$ (634,408)	$ (174,628)	$ 938,425
Ending balance (in shares) at Dec. 31, 2021				12,107,549		12,107,549

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY [Abstract]
Cash dividends per share (in dollars per share)	$ 1.58	$ 1.56	$ 1.47

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2021
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Nature of Operations Sensient Technologies Corporation, together with its subsidiaries (the Company or Sensient), is a leading global manufacturer and marketer of colors, flavors, and other specialty ingredients. The Company uses advanced technologies at facilities around the world to develop specialty food and beverage systems; cosmetic, essential oils, pharmaceutical, and nutraceutical systems; specialty colors; and other specialty and fine chemicals. The Company’s three reportable segments are the Flavors & Extracts Group and the Color Group, which are managed on a product basis, and the Asia Pacific Group, which is managed on a geographic basis. The Company’s corporate expenses, restructuring including operational improvement plans, divestiture, share-based compensation, the one-time COVID-19 employee payment in 2020, and other costs are included in the “Corporate & Other” category. In the second quarter of 2020, the Company divested its inks product line; in the third quarter of 2020, the Company divested its yogurt fruit preparations product line; and in the second quarter of 2021, the Company divested its fragrances (excluding essential oils) product line. Principles of Consolidation and Basis of Presentation The consolidated financial statements include the accounts of the Company and have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). All significant intercompany accounts and transactions have been eliminated in consolidation. Use of Estimates The preparation of the consolidated financial statements requires the use of management’s estimates and assumptions that affect reported amounts of assets, liabilities, revenue, and expenses during the reporting period and the disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates. Revenue Recognition The Company recognizes revenue at the transfer of control of its products to the Company’s customers in an amount reflecting the consideration to which the Company expects to be entitled. In order to achieve this core principle, the Company applies the following five-step approach: • Identification of the contract, or contracts, with a customer • Identification of the performance obligations in the contract • Determination of the transaction price • Allocation of the transaction price to the performance obligations in the contract • Recognition of revenue when, or as, the Company satisfies the performance obligations The Company considers customer purchase orders, which in some cases are governed by master sales agreements, coupled with the Company’s purchase order acknowledgements, to be the contracts with the customer. For each contract, the Company considers the identified performance obligation to be the promise to transfer products. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment and then determines the net consideration to which the Company expects to be entitled. In addition, the Company assesses the customer’s ability to pay as part of its evaluation of the contract. As the Company’s standard payment terms are less than one year, the Company elected the practical expedient under Accounting Standards Codification (ASC) 606-10-32-18, and determined that its contracts do not have a significant financing component. The Company allocates the transaction price to each distinct product based on the relative standalone selling price. Revenue is recognized when control of the product is transferred to the customer, the customer is obligated to pay the Company, and the Company has no remaining obligations, which is typically at shipment. In certain locations, primarily outside the United States, product delivery terms may vary. Thus, in such locations, the point at which control of the product transfers to the customer and revenue recognition occurs will vary accordingly. Customer returns of non-conforming products are estimated at the time revenue is recognized. In certain customer relationships, volume rebates exist, which are recognized according to the terms and conditions of the contractual relationship. Customer returns, rebates, and discounts are not material to the Company’s consolidated financial statements. The Company has elected to recognize the revenue and cost for freight and shipping when control over the products has transferred to the customer. The Company has elected to immediately expense contract costs related to obtaining a contract as the amortization period of the asset the Company otherwise would have recognized would have been less than a year. In addition to evaluating the Company’s performance based on the segments above, revenue is also disaggregated and analyzed by product line and geographic market (See Note 12, Segment and Geographic Information, . Cost of Products Sold Cost of products sold includes materials, labor, and overhead expenses incurred in the manufacture of our products. Cost of products sold also includes charges for obsolete and slow-moving inventories as well as costs for quality control, purchasing and receiving costs, inspection costs, warehousing costs, internal transfer costs, other costs of our internal distribution network, and costs incurred for shipping and handling. The Company records fees billed to customers for shipping and handling as revenue. Selling and Administrative Expenses Selling and administrative expenses primarily include the salaries and related costs for executive, finance, accounting, human resources, information technology, research and development, and legal personnel as well as salaries and related costs of salespersons and commissions paid to external sales agents. Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less at the date of acquisition as cash equivalents. Accounts Receivable Receivables are recorded at their face amount, less an allowance for losses on doubtful accounts. The allowance for doubtful accounts is based on customer-specific analysis and general matters such as current assessments of past due balances and economic conditions. Specific accounts are written off against the allowance for doubtful accounts when it is deemed that the receivable is no longer collectible. Inventories Inventories are stated at the lower of cost or net realizable value. Net realizable value is determined on the basis of estimated realizable values. Cost is determined using the first-in, first-out (FIFO) method with the exception of certain locations of the Flavors & Extracts Group where cost is determined using a weighted average method. Inventories include finished and in-process products totaling $280.2 million and $268.1 million at December 31, 2021 and 2020, respectively, and raw materials and supplies of $131.4 million and $113.2 million at December 31, 2021 and 2020, respectively. The Company recorded a non-cash charge of $ million, $ million, and $9.8 million in Cost of Products Sold related to the divested product lines in 2021, 2020, and 2019, respectively. The non-cash charge reduced the carrying value of certain inventories, as they were determined to be excess. See Note 14, Divestitures , for additional information. Property, Plant, and Equipment Property, plant, and equipment are recorded at cost reduced by accumulated depreciation. Depreciation is provided over the estimated useful life of the related asset using the straight-line method for financial reporting. The estimated useful lives for buildings and leasehold improvements range from 5 to 40 years. Machinery and equipment have estimated useful lives ranging from 3 to 20 years. Interest costs on significant projects constructed or developed for the Company’s own use are capitalized as part of the asset. Goodwill and Other Intangible Assets The carrying value of goodwill is evaluated for impairment on an annual basis or more frequently when an indicator of impairment occurs. The impairment assessment includes comparing the carrying amount of net assets, including goodwill, of each reporting unit to its respective fair value as of the date of the assessment. Fair value was estimated based upon an evaluation of the reporting unit’s estimated future discounted cash flows as well as the public trading and private transaction valuation multiples for comparable companies. The Company performed such a quantitative analysis in 2019, which indicated a substantial premium compared to the carrying value of net assets, including goodwill, at the reporting unit level. In the fourth quarter of 2019, as a result of the Company meeting the assets held for sale criteria for its divestitures of its inks and fragrances (excluding its essential oils product line) product lines, the Company allocated $8.4 million of goodwill to those disposal groups. The $8.4 million of goodwill related to the disposal groups was determined to be fully impaired. In 2020, the fair value of the disposal groups decreased, which resulted in the previously allocated goodwill of $2.2 million to be reallocated to its respective financial reporting units. In 2021, the fair value of the disposal groups increased, which resulted in an additional $0.8 million of goodwill allocated to the disposal groups. See Note 14, Divestitures, for additional details. The cost of intangible assets with determinable useful lives is amortized on a straight-line basis to reflect the pattern of economic benefits consumed, ranging from 5 to 20 years. These assets include technological know-how, customer relationships, patents, trademarks, and non-compete agreements, among others. Impairment of Long-lived Assets The Company reviews long-lived assets for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable. The Company performs undiscounted cash flow analyses to determine if potential impairment exists. If impairment is determined to exist, any related impairment loss is calculated based on the difference between fair value and carrying value. Impairment losses were recorded as a result of the Company’s divestiture of its inks product line and its divestiture of its fragrances product line (excluding its essential oils product line). See Note 14 , Divestitures , for additional information. Leases The Company enters into lease agreements for certain office space, warehouses, land, and equipment in the ordinary course of business. The Company determines if an arrangement is a lease at inception and evaluates the lease classification (i.e., operating lease or financing lease) at that time. Lease arrangements with an initial term of 12 months or less are considered short-term leases and are not recorded on the balance sheet. The Company recognizes lease expense for these leases on a straight-line basis over the term of the lease. Operating leases are included in Other Assets Other Accrued Expenses Other Liabilities The Company uses its incremental borrowing rate on the commencement date for determining the present value of lease payments. The Company considers the likelihood of exercising options to extend or terminate the lease when determining the lease term. The Company has lease agreements with lease and non-lease components. The Company has elected the practical expedient of accounting for the lease and non-lease components of each lease as a single lease component. Derivative Financial Instruments The Company selectively uses derivative financial instruments to reduce market risk associated with changes in foreign currency and interest rate exposures, which exist as part of ongoing business operations. All derivative transactions are authorized and executed pursuant to the Company’s risk management policies and procedures, which strictly prohibit the use of financial instruments for speculative trading purposes. The primary objectives of the foreign exchange risk management activities are to understand and mitigate the impact of potential foreign exchange fluctuations on the Company’s financial results and its economic well-being. Changes in the fair value of derivatives that are designated as fair value hedges, along with the gain or loss on the hedged item, are recorded in current period earnings. These risk management transactions may involve the use of foreign currency derivatives to protect against exposure resulting from recorded accounts receivable and payable. The Company may utilize forward exchange contracts, generally with maturities of less than 18 months, which qualify as cash flow hedges. Generally, these foreign exchange contracts are intended to offset the effect of exchange rate fluctuations on non-functional currency denominated sales and purchases. For derivative instruments that are designated as cash flow hedges, gains and losses are deferred in Accumulated Other Comprehensive Income For hedges designated as cash flow hedges, the Company elects critical terms that match at the onset of the hedge transaction. Hedge accounting is permitted only if the hedge meets the critical terms match requirements. The Company reviews the critical terms at each effectiveness testing date to ensure the respective terms match; therefore, achieving a highly effective hedge. Interest Rate Hedging The Company is exposed to interest rate risk through its corporate borrowing activities. The objective of the Company’s interest rate risk management activities is to manage the levels of the Company’s fixed and floating interest rate exposure to be consistent with the Company’s preferred mix. The interest rate risk management program may include entering into interest rate swaps, which qualify as fair value hedges, when there is a desire to modify the Company’s exposure to interest rates. Gains or losses on fair value hedges are recognized in earnings, net of gains and losses on the fair value of the hedged instruments. Net Investments Hedging The Company is exposed to risk related to its net investments in foreign subsidiaries. As part of its risk management activities, the Company may enter into foreign-denominated debt to be used as a non-derivative instrument to hedge the Company’s net investment in foreign subsidiaries. The change in the fair value of debt designated as a net investment hedge is recorded in foreign currency translation in OCI. Commodity Purchases The Company purchases certain commodities in the normal course of business that result in physical delivery of the goods and, hence, are excluded from ASC 815, Derivatives and Hedging Translation of Foreign Currencies For all significant foreign operations, the functional currency is the local currency. Assets and liabilities of foreign operations are translated into U.S. dollars at current exchange rates. Revenue and expense accounts are translated into U.S. dollars at average exchange rates prevailing during the year. Adjustments resulting from the translation of foreign accounts into U.S. dollars are recorded in foreign currency translation in OCI. Transaction gains and losses that occur as a result of transactions denominated in non-functional currencies are included in earnings and were not significant during the years ended December 31, 2021, 2020, and 2019. Share-Based Compensation Share-based compensation expense is recognized over the vesting period of each award based on the fair value of the instrument at the time of grant as summarized in Note 8, Share-Based Compensation. Income Taxes The Company recognizes a current tax liability or asset for the estimated taxes payable or refundable on tax returns for the current year and a deferred tax liability or asset for the estimated future tax effects attributable to temporary differences and carryforwards. The measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. Deferred tax assets are reduced, if necessary, by the amount of any tax benefits for which the utilization of the asset is not considered likely. Earnings Per Share The difference between basic and diluted earnings per share (EPS) is the dilutive effect of non-vested stock. Diluted EPS assumes that non-vested stock has vested. The following table sets forth the computation of basic and diluted EPS for the years ended December 31: Years Ended December 31, (In thousands except per share amounts) 2021 2020 2019 Numerator: Net earnings $ 118,745 $ 109,472 $ 82,047 Denominator: Denominator for basic EPS - weighted average common shares 42,077 42,301 42,263 Effect of dilutive securities 181 45 31 Denominator for diluted EPS - diluted weighted average shares outstanding 42,258 42,346 42,294 Earnings per Common Share: Basic $ 2.82 $ 2.59 $ 1.94 Diluted $ 2.81 $ 2.59 $ 1.94 The Company has a share-based compensation plan under which employees may be granted share-based awards in which non-forfeitable dividends are paid on non-vested shares for certain awards. As such, these shares are considered participating securities under the two-class method of calculating EPS as described in ASC 260, Earnings per Share. All EPS amounts are presented on a diluted basis unless otherwise noted. Accumulated Other Comprehensive Income (Loss) Accumulated OCI is composed primarily of foreign currency translation, pension liability, and unrealized gains or losses on cash flow hedges. See Note 10, Accumulated Other Comprehensive Income, Research and Development Research and development costs are recorded in S elling and Administrative Expenses in the year they are incurred. Research and development costs were $ million, $ million, and $ million, during the years ended December 31, 2021, 2020, and 2019, respectively. Advertising Advertising costs are recorded in Selling and Administrative Expenses as they are incurred. Advertising costs were $ million, $ million, and $2.2 million, during the years ended December 31, 2021, 2020, and 2019, respectively. Environmental Liabilities The Company records liabilities related to environmental remediation obligations when estimated future expenditures are probable and reasonably estimable. Such accruals are adjusted as further information becomes available or as circumstances change. Estimated future expenditures are discounted to their present value when the timing and amount of future cash flows are fixed and readily determinable. Recoveries of remediation costs from other parties, if any, are recognized as assets when their receipt is realizable. Subsequent Events The Company performed an evaluation of subsequent events through the date these financial statements were issued. See Note 17, Subsequent Event Recently Adopted Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting Other recently issued accounting pronouncements are not expected to have a material impact on the Company’s consolidated financial statements.

Acquisition

Acquisition	12 Months Ended
Acquisition	Dec. 31, 2021
Acquisition [Abstract]
Acquisition	2. Acquisition On July 15, 2021, the Company acquired substantially all of the assets of Flavor Solutions, Inc

Trade Accounts Receivable

Trade Accounts Receivable	12 Months Ended
Trade Accounts Receivable	Dec. 31, 2021
Trade Accounts Receivable [Abstract]
Trade Accounts Receivable	3. Trade Accounts Receivable Trade accounts receivables are recorded at their face amount, less an allowance for expected losses on doubtful accounts. The allowance for doubtful accounts is calculated based on customer-specific analysis and an aging methodology using historical loss information. The Company believes historical loss information is a reasonable basis for expected credit losses as the Company’s historical credit loss experience correlates with its customer delinquency status. This information is also adjusted for any known current economic conditions, including the current and expected impact of COVID-19. Currently, the COVID-19 pandemic has not had and is not anticipated to have a material impact on trade accounts receivable. Forecasted economic conditions have not had a significant impact on the current credit loss estimate due to the short-term nature of the Company’s customer receivables, however, the Company will continue to monitor and evaluate the rapidly changing economic conditions. Additionally, as the Company only has one portfolio segment, there are not different risks between portfolios. Specific accounts are written off against the allowance for doubtful accounts when the receivable is deemed no longer collectible. The following table summarizes the changes in the allowance for doubtful accounts for the years ended December 31, 2021 and 2020: (In thousands) Allowance for Doubtful Accounts Balance at December 31, 2019 $ 6,913 Adoption of ASU 2016-13 853 Provision for expected credit losses 565 Accounts written off (1,590 ) Divestitures (2,174 ) Translation and other activity (676 ) Balance at December 31, 2020 $ 3,891 Provision for expected credit losses 1,631 Accounts written off (434 ) Translation and other activity (211 ) Balance at December 31, 2021 $ 4,877 See Note 14, Divestitures

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
Goodwill and Intangible Assets	Dec. 31, 2021
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	4. Goodwill and Intangible Assets At December 31, 2021 and 2020, goodwill is the only intangible asset that is not subject to amortization. The following table summarizes intangible assets with determinable useful lives by major category as of December 31, 2021 and 2020: 2021 2020 (In thousands except weighted average amortization years) Weighted Average Amortization Years Cost Accumulated Amortization Cost Accumulated Amortization Technological know-how 15.9 $ 8,870 $ (2,314 ) $ 7,570 $ (1,787 ) Customer relationships 17.9 7,084 (2,269 ) 3,401 (1,898 ) Patents, trademarks, non-compete agreements, and other 15.5 11,606 (8,002 ) 10,925 (7,281 ) Total finite-lived intangibles 16.0 $ 27,560 $ (12,585 ) $ 21,896 $ (10,966 ) In 2020, $ million of intangible assets ($ million of cost and $ million of accumulated amortization) was recorded in Assets Held for Sale on the Consolidated Balance Sheet related to the fragrances product line (excluding its essential oils product line). See Note 14, Divestitures , for additional information. Amortization of intangible assets was $1.8 million in 2021, $1.5 million in 2020, and $2.9 million in 2019. Estimated amortization expense, for the five years subsequent to December 31, 2021, is $2.1 million in 2022; $1.9 million in 2023; $ million in 2024 and 2025; and $ million in 2026. The changes in goodwill for the years ended December 31, 2021 and 2020, by reportable business segment, were as follows: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Balance as of December 31 2019 $ 108,148 $ 293,636 $ 5,258 $ 407,042 Currency translation impact 3,565 10,086 399 14,050 Goodwill related to divestitures (1) 657 1,541 - 2,198 Balance as of December 31 2020 $ 112,370 $ 305,263 $ 5,657 $ 423,290 Currency translation impact (17,298 ) 6,001 (603 ) (11,900 ) Goodwill related to divestitures (2) (812 ) - - (812 ) Acquisitions (3) 9,456 - - 9,456 Balance as of December 31 2021 $ 103,716 $ 311,264 $ 5,054 $ 420,034 (1) In the fourth quarter of 2019, the Company met all of the assets held for sale criteria related to the divestitures of its inks product line and fragrances product line (excluding its essential oils product line). Goodwill of $ 8.4 million was allocated to those disposal groups and was determined to be fully impaired based on the estimated fair value of each of the disposal groups. See Note 14, Divestitures , for additional information. (2) In 2021, the fair value of the disposal group increased, which increased the value of goodwill allocated to the disposal group by $ 0.8 million. See Note 14, Divestitures , for additional information. (3) In 2021, the Company acquired Flavor Solutions, Inc. See Note 2, Acquisition, for additional information.

Leases

Leases	12 Months Ended
Leases	Dec. 31, 2021
Leases [Abstract]
Leases	5. Leases The Company leases certain office space, warehouses, land, and equipment under operating lease arrangements. Some of the Company’s leases include options to extend the leases for up to an additional five years. Some of the Company’s lease agreements also include rental payments that are adjusted periodically for inflation (i.e., CPI index). The Company recorded operating lease expense, which includes short-term lease expense and variable lease costs, of $9.6 million, during the years ended December 2021, 2020 and For the years ended December 2021, 2020, and the Company paid $8.2 million, , and $ million, respectively, in cash for operating leases, not including short-term lease expense or variable lease costs. The Company entered into operating leases that resulted in $9.8 million, and $ million of right-of-use assets in exchange for operating lease obligations for the years ended December The Company included $26.5 million and $23.3 million of right-of-use assets in Other Assets Other Accrued Expenses Other Liabilities The Company’s weighted average remaining operating lease term was years as of December The Company’s weighted average discount rate for operating leases was as of December As of December maturities of operating lease liabilities for future annual periods are as follows: (In s) Year ending December 2022 $ 7,113 2023 5,866 2024 4,629 2025 3,169 2026 2,193 Thereafter 7,709 Total lease payments 30,679 Less imputed interest (3,803 ) Present value of lease liabilities $ 26,876

Debt

Debt	12 Months Ended
Debt	Dec. 31, 2021
Debt [Abstract]
Debt	6. Debt Long-term Debt Long-term debt consisted of the following unsecured obligations at December 31: (In thousands) 2021 2020 3.66 November 2023 $ 75,000 $ 75,000 3.65 May 2024 27,000 27,000 4.19 November 2025 25,000 25,000 1.85 November 2022 76,017 81,672 3.06 November 2023 43,487 46,722 1.27 May 2024 56,850 61,080 1.71 May 2027 45,480 48,864 2.53 November 2023 33,829 34,176 2.76 November 2025 33,829 34,176 Term loan - 8,375 Revolving Credit Facilities 86,000 83,324 Various other notes 1,137 1,647 Total debt 503,629 527,036 Less debt fees (136 ) (143 ) Less current portion (487 ) (8,889 ) Total long-term debt $ 503,006 $ 518,004 In May 2021, the Company executed an amended and restated credit agreement with a syndicate of banks to extend the maturity of Sensient’s $ million multi-currency revolving credit facility from May 2022 to May 2026 and to modify certain other provisions of the credit agreement as set forth therein. At December 31, 2020, the Company’s term loan borrowings totaled $ million; term loan repayments were completed in 2021. A term loan was not issued as part of the 2021 amended credit agreement. Borrowings under the revolving credit facility bear interest at a variable rate, based upon the applicable reference rate and including a margin percentage dependent upon the Company’s leverage ratio, as described below. In October 2021, the Company amended its accounts receivable securitization program with Wells Fargo Bank N.A. (Wells Fargo) to the Company secured by Wells Fargo’s undivided interests in certain of the Company’s trade accounts receivables. The interest rate on the Secured Loan is LIBOR plus 0.75%. The Company has the intent and ability either to repay the Secured Loan with available funds from the Company’s existing long-term revolving credit facility or to extend its accounts receivable program with Wells Fargo when it matures. Accordingly, the Secured Loan has been classified as long-term debt on the Company’s Consolidated Balance Sheet and is included with the Revolving Credit Facilities above. The borrowings under the revolving credit facility, excluding borrowings on the accounts receivable securitization program, had The aggregate amounts of contractual maturities on long-term debt subsequent to December 31, 2021, are as follows: (In s) Year ending December 2022 $ 106,504 2023 152,834 2024 83,981 2025 58,830 2026 56,000 Thereafter 45,480 Total long-term debt maturities $ 503,629 The Company had $291.2 million available under the revolving credit facility and $22.6 million available under other lines of credit from several banks at December 31, 2021. Substantially all of the senior financing obligations contain restrictions concerning interest coverage, borrowings, and investments. The Company is in compliance with all of these restrictions at December 31, 2021. The following table summarizes the Company’s most restrictive loan covenants calculated in accordance with the applicable agreements as of December 31, 2021: Actual Required Debt to EBITDA (1) 2.04 <3.50 Interest Coverage (Minimum) 21.60 >3.00 (1) Debt to EBITDA is defined in the Company’s debt covenants as total funded debt divided by the Company’s consolidated operating income excluding non-operating gains and losses and depreciation and amortization The Company had stand-by and trade letters of credit outstanding of $2.8 million and $2.7 million as of December 31, 2021 and 2020, respectively. Short-term Borrowings The Company’s short-term borrowings consisted of the following items at December 31: (In thousands) 2021 2020 U.S. credit facilities $ 7,284 $ 138 Current maturities of long-term debt 487 8,889 Loans of foreign subsidiaries 768 220 Total $ 8,539 $ 9,247 The weighted average interest rates on short-term borrowings were 1.55% and 1.36% at December 31, 2021 and 2020, respectively.

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activity	12 Months Ended
Derivative Instruments and Hedging Activity	Dec. 31, 2021
Derivative Instruments and Hedging Activity [Abstract]
Derivative Instruments and Hedging Activity	7. Derivative Instruments and Hedging Activity The Company may use derivative instruments for the purpose of hedging currency, commodity, and interest rate exposures, which exist as part of ongoing business operations. As a policy, the Company does not engage in speculative or leveraged transactions nor does the Company hold or issue financial instruments for trading purposes. Hedge effectiveness is determined by how closely the changes in the fair value of the hedging instrument offset the changes in the fair value or cash flows of the hedged transaction. Hedge accounting, which generally results in the deferral of derivative gains and losses until such time as the underlying transaction is recognized in net earnings, is permitted only if the hedging relationship is expected to be highly effective at the inception of the transaction and on an ongoing basis. The Company manages its exposure to foreign exchange risk by the use of forward exchange contracts to reduce the effect of fluctuating foreign currencies on non-functional currency sales, purchases, and other known foreign currency exposures. These forward exchange contracts generally have maturities of less than 18 months. The Company also uses certain debt denominated in foreign currencies to manage the net asset positions of the Company’s foreign subsidiaries. The Company’s primary hedging activities and their accounting treatment are summarized below. Forward Exchange Contracts Certain forward exchange contracts have been designated as cash flow hedges. The Company had $48.6 million and $54.1 million of forward exchange contracts, designated as cash flow hedges, outstanding as of December 31, 2021 and 2020, respectively. For the years ended December 31, 2021 and 2020, gains of $1.3 million and losses of $1.3 million, respectively, were reclassified into net earnings in the Company’s Consolidated Statement of Earnings that offset the earnings impact of the related non-functional asset or liability hedged in the same period. For the year ended December 31, 2019, the amounts reclassified into net earnings in the Company’s Consolidated Statement of Earnings that offset the earnings impact of the related non-functional asset or liability hedged in the same period were not material. In addition, the Company utilizes forward exchange contracts that are not designated as cash flow hedges and the results of these transactions are not material to the financial statements. Net Investment Hedges The Company has designated certain foreign currency denominated long-term borrowings as partial hedges of the Company’s foreign currency net asset positions. As of December 31, 2021 and 2020, the total value of the Company’s net investment hedges was $289.5 million and $325.0 million, respectively. These net investment hedges include Euro and British Pound denominated long-term debt. Changes in the fair value of this debt attributable to changes in the spot foreign exchange rate are recorded in foreign currency translation in OCI. The impact of foreign exchange rates on these debt instruments decreased debt by $17.9 million and increased debt by $24.0 million for the years ended December 31, 2021 and 2020, respectively, and are recorded as foreign currency translation in OCI. the losses were primarily associated with the partial termination of the net investment hedge related to the Euro debt in connection with the sale of the fragrances product line, including the Spanish legal entity. In 2020, Divestitures Concentrations of Credit Risk Counterparties to forward exchange contracts consist of large international financial institutions. While these counterparties may expose the Company to potential losses due to the credit risk of non-performance, losses are not anticipated. Concentrations of credit risk with respect to trade accounts receivable are limited by the large number of customers, generally short payment terms, and their dispersion across geographic areas.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
Share-Based Compensation	Dec. 31, 2021
Share-Based Compensation [Abstract]
Share-Based Compensation	8. Share-Based Compensation The Company has various stock plans, under which employees and directors may be granted non-vested stock which vests over a specific time period. In April 2017, the shareholders of the Company approved the 2017 Stock Plan authorizing 1.8 million shares for issuance as non-vested stock in the form of restricted stock, restricted stock units, performance stock units, non-qualified stock options, incentive stock options, and stock appreciation rights. As of December 31, 2021, there were 1.1 million shares available to issue as non-vested stock under the Company’s existing stock plans. The Company may also issue up to 0.2 million shares of stock pursuant to its 1999 Amended and Restated Directors Deferred Compensation Plan The Company recognizes expense for shares of non-vested stock over the vesting period with a pro-rata vesting upon retirement. Beginning with awards granted in December 2013, the vesting period is three years. During the period of restriction, the holder of non-vested stock has voting rights and is entitled to receive all dividends and other distributions paid with respect to the stock. The holders of the performance stock units are not entitled to vote or receive dividends and other distributions paid with respect to the stock, until the units have vested and shares of stock issued Grants issued after December 2013 and before December 2020, to elected officers, consist of 100% performance stock unit awards. These awards are based on a three-year performance period and a three-year vesting period with a pro-rata vesting upon retirement. Three-year performance that exceeds the stated performance metrics would result in an award up to 150% of the original grant, except for the grant issued in December 2019, which would result in an award up to of the original grant for performance that exceeds the stated performance metrics. Starting with the December 2020 grant, grants issued to elected officers consist of performance stock unit awards and non-vested restricted stock awards. The performance stock unit awards are based on a performance period and a vesting period with a pro-rata vesting upon retirement. performance that exceeds the stated performance metrics would result in an award up to of the original grant. The non-vested restricted stock awards granted are based on a vesting period with a pro-rata vesting upon retirement. The Company expenses awards for non-vested stock, including time-vesting stock and performance stock units, based on the fair value of the Company’s common stock at the date of the grant. The following table summarizes the non-vested stock and performance stock unit activity: (In thousands except fair value) Shares Grant Date Weighted Average Fair Value Aggregate Intrinsic Value Outstanding at December 31 380 $ 66.02 $ 21,239 Granted 134 60.04 Vested (46 ) 63.61 Cancelled (64 ) 62.39 Outstanding at December 31 2019 404 64.89 26,710 Granted 142 65.61 Vested (27 ) 74.21 Cancelled (68 ) 73.39 Outstanding at December 31 2020 451 63.28 33,283 Granted 129 90.10 Vested (25 ) 61.91 Cancelled (73 ) 72.37 Outstanding at December 31 2021 482 $ 69.15 $ 48,271 The total intrinsic values of shares vested during 2021, 2020, and 2019, was $1.9 million, $1.4 million, and $3.0 million, respectively. As of December 31, 2021, total remaining unearned compensation, net of expected forfeitures, related to non-vested stock and performance stock units was $21.7 million, which will be amortized over the weighted average remaining service period of 2.18 years. Total pre-tax share-based compensation expense (income) The Company also recognized tax related benefits (expense) During the year ended December 31, 2019, the Company determined that it was not probable that it would meet the stated performance metrics related to certain performance-based awards resulting in an adjustment of share-based compensation of $ million.

Retirement Plans

Retirement Plans	12 Months Ended
Retirement Plans	Dec. 31, 2021
Retirement Plans [Abstract]
Retirement Plans	9. Retirement Plans The Company provides benefits under defined contribution plans including a savings plan and an employee stock ownership plan (ESOP). The savings plan covers substantially all domestic salaried and certain non-union hourly employees and provides for matching contributions up to 4% of each employee’s salary. The ESOP covers substantially all domestic employees and provides for contributions based on a percentage of each employee’s compensation as determined by the Company’s Board of Directors. Total expense for the Company’s defined contribution plans was $6.7 million in 2021, $6.1 million in 2020, and $6.0 million in 2019. Although the Company intends for these defined contribution plans to be the primary retirement benefit for most employees, the Company also has several defined benefit plans. The funded status of the defined benefit plans was as follows at December 31: (In thousands) 2021 2020 Benefit obligation at beginning of year $ 45,631 $ 39,421 Service cost 1,740 1,601 Interest cost 851 1,022 Foreign currency exchange rate changes (291 ) 690 Benefits and settlements paid (3,298 ) (1,948 ) Amendments - 42 Actuarial (gain) loss (2,853 ) 4,803 Benefit obligation at end of year 41,780 45,631 Plan assets at beginning of year 35,676 31,776 Company contributions 947 1,117 Foreign currency exchange rate changes (297 ) 882 Benefits paid (1,718 ) (1,948 ) Settlement payments (1,580 ) - Actual (loss) gain on plan assets (46 ) 3,849 Plan assets at end of year 32,982 35,676 Funded status $ (8,798 ) $ (9,955 ) Accumulated benefit obligation $ 40,873 $ 44,559 Amounts recognized in the Consolidated Balance Sheets at December 31: (In thousands) 2021 2020 Accrued employee and retiree benefits $ (18,375 ) $ (19,349 ) Other accrued expenses (693 ) (722 ) Other assets 10,270 10,116 Net liability $ (8,798 ) $ (9,955 ) Components of annual benefit cost: (In thousands) 2021 2020 2019 Service cost $ 1,740 $ 1,601 $ 1,432 Interest cost 851 1,022 1,273 Expected return on plan assets (728 ) (813 ) (896 ) Recognized actuarial loss (gain) 267 41 (176 ) Settlement income (151 ) - - Defined benefit expense $ 1,979 $ 1,851 $ 1,633 The Company’s non-service cost portion of defined benefit expense is recorded in Interest Expense Selling and Administrative Expenses Weighted average liability assumptions as of December 31: 2021 2020 Discount rate 2.35 % 1.87 % Expected return on plan assets 2.54 % 2.17 % Rate of compensation increase 0.27 % 0.34 % Weighted average cost assumptions for the year ended December 31: 2021 2020 2019 Discount rate 1.87 % 2.69 % 3.80 % Expected return on plan assets 2.17 % 2.68 % 3.21 % Rate of compensation increase 0.34 % 0.34 % 0.31 % The aggregate amounts of benefits expected to be paid from defined benefit plans in each of the next five years subsequent to December 31, 2021, which include employees’ expected future service, are as follows: 2022, $1.7 million; 2023, $3.8 million; 2024, $3.9 million; 2025, $1.7 million; 2026, $4.8 million; and $10.6 million in total for the years 2027 through 2031. The Company expects to contribute $0.7 million to defined benefit plans in 2022. Amounts in accumulated other comprehensive loss at December 31 were as follows: (In thousands) 2021 2020 Unrecognized net actuarial loss $ 221 $ 2,402 Prior service cost 179 187 Total before tax effects $ 400 $ 2,589 The pension adjustments, net of tax, recognized in OCI, were as follows: (In thousands) 2021 2020 2019 Net actuarial gain (loss) arising during the period $ 1,528 $ (1,293 ) $ (1,091 ) Prior service cost - (32 ) - Amortization of actuarial loss (gain), included in defined benefit expense 84 32 (130 ) Pension adjustment, net of tax $ 1,612 $ (1,293 ) $ (1,221 ) The investment objectives and target allocations for the Company’s pension plans related to the assets of the plans are reviewed on a regular basis. The investment objectives for the pension assets are to maximize the return on assets while maintaining an overall level of risk appropriate for a retirement fund and ensuring the availability of funds for the payment of retirement benefits. The levels of risk assumed by the pension plans are determined by market conditions, the rate of return expectations, and the liquidity requirements of each pension plan. The actual asset allocations of each pension plan are reviewed on a regular basis to ensure that they are in line with the target allocations. The following table presents the Company’s pension plan assets by asset category as of December 31, 2021 and 2020: Fair Value as of December 31, Fair Value Measurements at December 31, 2021 Using Fair Value Hierarchy Fair Value as of December 31, Fair Value Measurements at December 31, 2020 Using Fair Value Hierarchy (In thousands) 2021 Level 1 Level 2 Level 3 2020 Level 1 Level 2 Level 3 Equity Funds Domestic $ 7,033 $ 7,033 $ - $ - $ 6,565 $ 6,565 $ - $ - International 79 - 79 - 97 - 97 - International Fixed Income Funds 25,732 889 24,843 - 28,911 1,190 27,721 - Other investments 138 115 23 - 103 76 27 - Total assets at fair value $ 32,982 $ 8,037 $ 24,945 $ - $ 35,676 $ 7,831 $ 27,845 $ - The Company is required to categorize pension plan assets based on the following fair value hierarchy: Level 1: Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2: Inputs other than quoted prices included in Level 1 that are observable for the asset or liability through corroboration with observable market data. Level 3: Unobservable inputs that reflect the reporting entity’s own assumptions.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	12 Months Ended
Accumulated Other Comprehensive Income	Dec. 31, 2021
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income	10. Accumulated Other Comprehensive Income The following table summarizes the changes in OCI for 2021, 2020, and 2019: (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balance as of December 31 $ 147 $ 549 $ (166,251 ) $ (165,555 ) Other comprehensive income (loss) before reclassifications (111 ) (1,091 ) 4,114 2,912 Amounts reclassified from OCI (235 ) (130 ) - (365 ) Balance as of December 31 2019 $ (199 ) $ (672 ) $ (162,137 ) $ (163,008 ) Other comprehensive income (loss) before reclassifications (374 ) (1,325 ) 12,887 11,188 Amounts reclassified from OCI 1,322 32 (8,625 ) (7,271 ) Balance as of December 31 2020 $ 749 $ (1,965 ) $ (157,875 ) $ (159,091 ) Other comprehensive income (loss) before reclassifications 775 1,528 (26,809 ) (24,506 ) Amounts reclassified from OCI (1,318 ) 84 10,203 8,969 Balance as of December 31 2021 $ 206 $ (353 ) $ (174,481 ) $ (174,628 ) (1) Cash Flow Hedges and Pension Items are net of tax.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2021
Income Taxes [Abstract]
Income Taxes	11. Income Taxes Earnings before income taxes were as follows: (In thousands) 2021 2020 2019 United States $ 71,764 $ 72,593 $ 38,356 Foreign 85,720 65,252 62,647 Total $ 157,484 $ 137,845 $ 101,003 The provision for income taxes was as follows: (In thousands) 2021 2020 2019 Current income tax expense: Federal $ 16,807 $ 9,660 $ 12,994 State 5,128 3,000 2,622 Foreign 22,875 24,418 22,680 44,810 37,078 38,296 Deferred expense (benefit): Federal (4,159 ) (6,918 ) (17,246 ) State (1,189 ) (565 ) 18 Foreign (723 ) (1,222 ) (2,112 ) (6,071 ) (8,705 ) (19,340 ) Income taxes $ 38,739 $ 28,373 $ 18,956 The reconciliation between the U.S. Federal tax rate and the actual effective tax rate was as follows 2021 2020 2019 Taxes at statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal income tax benefit 2.9 2.2 2.2 Tax credits (1.4 ) (1.5 ) (2.6 ) Taxes on foreign earnings 4.7 2.8 5.1 Global Intangible Low-Taxed Income 0.7 0.1 0.9 Foreign Derived Intangible Income (0.9 ) (1.1 ) (1.0 ) Loss on balance sheet hedge 0.7 2.0 - Resolution of prior years’ tax matters (0.4 ) (0.1 ) (0.4 ) Valuation allowance adjustments (1.9 ) (3.7 ) (8.8 ) Other, net (0.8 ) (1.1 ) 2.4 Effective tax rate 24.6 % 20.6 % 18.8 % Taxes on foreign earnings include the difference between the tax rates applied to foreign earnings relative to the U.S. statutory tax rate, accruals for foreign unrecognized tax benefits, and the impact of the U.S. foreign tax credit, not including the impact from Global Intangible Low-Taxed Income (GILTI). The impact on the Company’s effective tax rate varies from year to year based on the finalization of prior year foreign and domestic tax items, audit settlements, and mix of foreign earnings. The effective tax rates in 2021 and were both impacted by tax costs related to the divestitures and the release of valuation allowances related to the foreign tax credit carryover and net operating losses. The Company’s valuation allowance at December and was and . valuation allowance was increased by related to the increase in the foreign tax credit deferred tax asset. The valuation allowance was also increased in 2019 by for the deferred tax assets related to net operating losses that the Company does not believe are more likely than not to be realized. The increase of the 2021 effective tax rate from GILTI compared to 2020 is primarily related to not filing the high tax election given the foreign rate mix. The decrease of the 2020 effective tax rate from GILTI compared to 2019 is primarily the result of the US Treasury releasing final regulations in 2020 that changed the high tax election for GILTI and Sensient applying the high tax election for 2020. The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities consisted of the following: (In thousands) 2021 2020 Deferred tax assets: Benefit plans $ 10,360 $ 7,665 Liabilities and reserves 16,978 19,291 Operating loss and credit carryovers 68,646 77,756 Other 10,031 13,228 Gross deferred tax assets 106,015 117,940 Valuation allowance (36,859 ) (47,813 ) Deferred tax assets 69,156 70,127 Deferred tax liabilities: Property, plant, and equipment (32,560 ) (31,709 ) Goodwill (21,044 ) (22,012 ) Deferred tax liabilities (53,604 ) (53,721 ) Net deferred tax assets $ 15,552 $ 16,406 At December foreign tax credit carryovers were , all of which expires before At December foreign operating loss carryovers were The Company is electing to recognize GILTI as a period expense in the period the tax is incurred. Federal and state income taxes are provided on international subsidiary income distributed to or taxable in the U.S. during the year. At December 31, 2021, no additional income or withholding taxes have been provided for the $625.9 million of undistributed earnings or any additional outside basis differences inherent in these entities, as these amounts are considered to be invested indefinitely. If the undistributed earnings were repatriated, the Company A reconciliation of the change in the liability for unrecognized tax benefits for 2021 and 2020 is as follows: (In thousands) 2021 2020 Balance at beginning of year $ 7,445 $ 6,032 Increases for tax positions taken in the current year 715 805 Increases for tax positions taken in prior years - 1,267 Decreases related to settlements with tax authorities (3,643 ) (386 ) Decreases as a result of lapse of the applicable statutes of limitations (367 ) (625 ) Foreign currency exchange rate changes (389 ) 352 Balance at the end of year $ 3,761 $ 7,445 The amount of the unrecognized tax benefits that would affect the effective tax rate, if recognized, was approximately $4 million. The Company recognizes interest and penalties related to the unrecognized tax benefits in income tax expense. As of December 31, 2021 and 2020, $0.4 million and $0.7 million, respectively, of accrued interest and penalties were reported as an income tax liability in each period. The liability for unrecognized tax benefits relates to multiple jurisdictions and is reported in Other Liabilities The Company believes that it is reasonably possible that the total amount of liability for unrecognized tax benefits as of December 31, 2021, will decrease by approximately $0.7 million during 2022, of which $0.4 million is estimated to impact the effective tax rate. The potential decrease relates to various tax matters for which the statute of limitations may expire or will be otherwise settled in 2022. The amount that is ultimately recognized in the financial statements will be dependent upon various factors including potential increases or decreases in unrecognized tax benefits as a result of examinations, settlements, and other unanticipated items that may occur during the year. With limited exceptions, the Company is no longer subject to federal, state, and local, or non-U.S. income tax examinations by tax authorities for years before 2017.

Segment and Geographic Informat

Segment and Geographic Information	12 Months Ended
Segment and Geographic Information	Dec. 31, 2021
Segment and Geographic Information [Abstract]
Segment and Geographic Information	12. Segment and Geographic Information The accounting policies of the segments are the same as those described in the summary of significant accounting policies. The Company evaluates performance based on operating income before divestiture & other related costs, share-based compensation, restructuring and other charges including operational , and income taxes (segment operating income). Total revenue and segment operating income by business segment and geographic region include both sales to customers, as reported in the Company’s Consolidated Statements of Earnings, and intersegment sales, which are accounted for at prices that approximate market prices and are eliminated in consolidation. Assets by business segment and geographic region are those assets used in the Company’s operations in each segment and geographic region. Segment assets reflect the allocation of goodwill to each segment. Corporate & Other assets consist primarily of investments, deferred tax assets, and fixed assets. Segment Information The Company determines its operating segments based on information utilized by its chief operating decision maker to allocate resources and assess performance. Segment performance is evaluated on operating income of the respective business units before divestiture & other related costs, share-based compensation, and restructuring and other charges including operational improvement plan costs and income, which are reported in Corporate & Other. The Company’s three reportable segments are Flavors & Extracts Divestiture & other related costs and restructuring and other costs, including the operational improvement plan costs and income, for the years ended December , and , are further described in Note Divestitures, and Note Operational Improvement Plan, and are included in the operating income (loss) results in Corporate & Other below. In addition, the Company’s corporate expenses and share-based compensation are included in Corporate & Other. (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated 2021 : Revenue from external customers $ 717,688 $ 527,626 $ 134,950 $ - $ 1,380,264 Intersegment revenue 21,739 17,644 398 - 39,781 Total revenue 739,427 545,270 135,348 - 1,420,045 Operating income (loss) 98,660 103,575 26,330 (58,537 ) 170,028 Interest expense - - - 12,544 12,544 Earnings (loss) before income taxes 98,660 103,575 26,330 (71,081 ) 157,484 Assets 639,992 738,139 108,126 259,236 1,745,493 Capital expenditures 35,846 16,806 2,813 5,323 60,788 Depreciation and amortization 26,020 20,572 2,748 2,711 52,051 2020 : Revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ - $ 1,332,001 Intersegment revenue 17,552 14,482 245 - 32,279 Total revenue 742,035 501,018 121,227 - 1,364,280 Operating income (loss) 90,974 96,034 22,075 (56,427 ) 152,656 Interest expense - - - 14,811 14,811 Earnings (loss) before income taxes 90,974 96,034 22,075 (71,238 ) 137,845 Assets 686,348 718,665 100,258 235,589 1,740,860 Capital expenditures 24,541 19,840 2,687 5,094 52,162 Depreciation and amortization 24,801 19,368 2,578 2,894 49,641 2019 : Revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ - $ 1,322,934 Intersegment revenue 17,651 13,108 70 - 30,829 Total revenue 700,356 535,159 118,248 - 1,353,763 Operating income (loss) 74,961 101,190 19,382 (74,423 ) 121,110 Interest expense - - - 20,107 20,107 Earnings (loss) before income taxes 74,961 101,190 19,382 (94,530 ) 101,003 Assets 714,779 734,343 99,183 191,846 1,740,151 Capital expenditures 16,968 16,521 2,545 3,066 39,100 Depreciation and amortization 27,179 22,088 2,581 3,167 55,015 Geographic Information The Company has manufacturing facilities or sales offices in North America, Europe, Asia, Australia, South America, and Africa. The Company’s annual revenue summarized by geographic location is as follows: (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated 2021 : Revenue from external customers: North America $ 523,960 $ 263,031 $ 116 $ - $ 787,107 Europe 135,348 142,741 140 - 278,229 Asia Pacific 29,880 59,914 131,772 - 221,566 Other 28,500 61,940 2,922 - 93,362 Total revenue from external customers $ 717,688 $ 527,626 $ 134,950 $ - $ 1,380,264 Long-lived assets: North America $ 268,934 $ 250,682 $ - $ 105,150 $ 624,766 Europe 91,934 225,916 - 25 317,875 Asia Pacific 275 4,513 32,901 - 37,689 Other 568 23,442 - - 24,010 Total long-lived assets $ 361,711 $ 504,553 $ 32,901 $ 105,175 $ 1,004,340 2020 : Revenue from external customers: North America $ 491,641 $ 241,608 $ 81 $ - $ 733,330 Europe 160,083 129,704 193 - 289,980 Asia Pacific 30,080 52,414 117,427 - 199,921 Other 42,679 62,810 3,281 - 108,770 Total revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ - $ 1,332,001 Long-lived assets: North America $ 244,921 $ 252,906 $ - $ 102,577 $ 600,404 Europe 112,424 226,840 - - 339,264 Asia Pacific 204 4,670 31,834 - 36,708 Other 782 22,116 - - 22,898 Total long-lived assets $ 358,331 $ 506,532 $ 31,834 $ 102,577 $ 999,274 2019 : Revenue from external customers: North America $ 448,393 $ 251,593 $ 112 $ - $ 700,098 Europe 158,902 148,393 336 - 307,631 Asia Pacific 32,203 57,268 116,508 - 205,979 Other 43,207 64,797 1,222 - 109,226 Total revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ - $ 1,322,934 Long-lived assets: North America $ 251,822 $ 220,723 $ - $ 80,128 $ 552,673 Europe 102,631 242,311 - - 344,942 Asia Pacific 1,017 3,758 31,007 - 35,782 Other 504 18,037 - - 18,541 Total long-lived assets $ 355,974 $ 484,829 $ 31,007 $ 80,128 $ 951,938 Sales in the United States, based on the final country of destination of the Company’s products, were , , and , in and respectively. No other country of destination exceeded of consolidated sales. Total long-lived assets in the United States amounted to , , and , at December and respectively. Product Information The Company’s revenue summarized by product portfolio is as follows: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated 2021 : Flavors, Extracts & Flavor Ingredients $ 455,818 $ - $ - $ 455,818 Natural Ingredients 255,772 - - 255,772 Fragrances 22,739 - - 22,739 Yogurt Fruit Preparations 5,098 - - 5,098 Food & Pharmaceutical Colors - 385,069 - 385,069 Personal Care - 158,237 - 158,237 Inks - 1,964 - 1,964 Asia Pacific - - 135,348 135,348 Intersegment Revenue (21,739 ) (17,644 ) (398 ) (39,781 ) Total revenue from external customers $ 717,688 $ 527,626 $ 134,950 $ 1,380,264 2020 : Flavors, Extracts & Flavor Ingredients $ 399,331 $ - $ - $ 399,331 Natural Ingredients 243,161 - - 243,161 Fragrances 85,354 - - 85,354 Yogurt Fruit Preparations 14,189 - - 14,189 Food & Pharmaceutical Colors - 346,269 - 346,269 Personal Care - 141,331 - 141,331 Inks - 13,418 - 13,418 Asia Pacific - - 121,227 121,227 Intersegment Revenue (17,552 ) (14,482 ) (245 ) (32,279 ) Total revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ 1,332,001 2019 : Flavors, Extracts & Flavor Ingredients $ 378,967 $ - $ - $ 378,967 Natural Ingredients 214,027 - - 214,027 Fragrances 86,399 - - 86,399 Yogurt Fruit Preparations 20,963 - - 20,963 Food & Pharmaceutical Colors - 340,327 - 340,327 Personal Care - 159,640 - 159,640 Inks - 35,192 - 35,192 Asia Pacific - - 118,248 118,248 Intersegment Revenue (17,651 ) (13,108 ) (70 ) (30,829 ) Total revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ 1,322,934

Fair Value Measurements

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Dec. 31, 2021
Fair Value Measurements [Abstract]
Fair Value Measurements	13. Fair Value Measurements A 820, Fair Value Measurement

Divestitures

Divestitures	12 Months Ended
Divestitures	Dec. 31, 2021
Divestitures [Abstract]
Divestitures	14. Divestitures In October 2019 , the Company announced its intent to divest its inks, fragrances (excluding its essential oils product line), and yogurt fruit preparations product lines. The divesting and exit of these product lines does not meet the criteria to be presented as a discontinued operation on the Consolidated Statements of Earnings. On June 30, 2020, the Company completed the sale of its inks product line. In 2021 and 2020, the Company received $0.5 million and $11.6 million of net cash, respectively, as part of the sale. On September 18, 2020, the Company completed the sale of its yogurt fruit preparations product line. In 2021 and 2020, the Company received $1.0 million of net cash in both years, as part of the sale. The sale also included an earnout based on future performance, which could result in additional cash consideration for the Company. On April 1, 2021, the Company completed the sale of its fragrances product line (excluding its essential oils product line) for $36.3 million of net cash. As a result of the completion of the sale, the Company recorded a non-cash net loss of $11.3 million, for the year ended December 31, 2021, primarily related to the reclassification of accumulated foreign currency translation and related items from Accumulated Other Comprehensive Loss Selling and Administrative Expenses The assets and liabilities related to the inks and fragrances (excluding its essential oils product line) product lines are recorded in Assets Held for Sale Liabilities Held for Sale (In thousands) December 31, 2020 Assets held for sale: Trade accounts receivable, less allowance for losses of $ 456 $ 20,722 Inventories 25,045 Prepaid expenses and other current assets 1,843 Property, Plant, and Equipment, net 3,434 Intangible assets 1,716 Assets held for sale $ 52,760 Liabilities held for sale: Trade accounts payable $ 13,967 Accrued salaries, wages, and withholdings from employees 1,739 Other accrued expenses 1,633 Liabilities held for sale $ 17,339 The Company reports all costs associated with the divestitures in Corporate & Other. The following table summarizes the divestiture & other related costs for the year ended December 31, 2021: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate/ Other Consolidated Non-cash impairment charges – Selling and administrative expenses $ (1,000 ) $ 1,062 $ - $ - $ 62 Non-cash charges – Cost of products sold - 95 (9 ) - 86 Reclassification of foreign currency translation and related items – Selling and administrative expenses - 10,201 2 - 10,203 Other costs - Selling and administrative expenses (1) 917 2,553 (281 ) 598 3,787 Total $ (83 ) $ 13,911 $ (288 ) $ 598 $ 14,138 (1) Other costs – Selling and administrative expenses include employee separation costs, bad debt expense, professional services, accelerated depreciation, environmental remediation costs, and other related costs. The Company reports all costs associated with the divestitures in Corporate & Other. The following table summarizes the divestiture & other related costs for the year ended December 31, 2020: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate/ Other Consolidated Non-cash impairment charges – Selling and administrative expenses $ 2,597 $ 2,055 $ 8,928 $ (861 ) $ 12,719 Non-cash charges – Cost of products sold 1,679 77 (203 ) 242 1,795 Reclassification of foreign currency translation and related items – Selling and administrative expenses - - (8,625 ) - (8,625 ) Other costs - Selling and administrative expenses (1) 337 3,029 892 2,008 6,266 Total $ 4,613 $ 5,161 $ 992 $ 1,389 $ 12,155 (1) Other costs – Selling and administrative expenses include employee separation costs, environmental remediation costs, professional services, accelerated depreciation, and other related costs. The Company reports all costs associated with the divestitures in Corporate & Other. The following table summarizes the divestiture & other related costs for the year ended December 31, 2019: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate/ Other Consolidated Non-cash impairment charges – Selling and administrative expenses $ - $ 18,204 $ 15,849 $ 555 $ 34,608 Non-cash charges – Cost of products sold 9,767 - - - 9,767 Other costs - Selling and administrative expenses (1) - 305 26 374 705 Other costs – Cost of products sold (2) 800 - - - 800 Total $ 10,567 $ 18,509 $ 15,875 $ 929 $ 45,880 (1) Other costs – Selling and administrative expenses include employee separation costs, professional services, and other related costs. (2) Other costs – Cost of product sold include inventory disposal costs and other related costs. The Company recorded non-cash impairment charges in Selling and Administrative Expenses, Cost of Products Sold Accumulated Other Comprehensive Loss Selling and Administrative Expenses In March 2020, the Company was notified by the buyer of the Company’s fragrances product line that environmental sampling conducted at the Company’s Granada, Spain location had identified the presence of contaminants in soil and groundwater in certain areas of the property. The Company records liabilities related to environmental remediation obligations when estimated future expenditures are probable and the amount of the liability is reasonably estimable. Based upon an environmental investigation and a quantitative risk assessment performed by a consultant hired by the Company, the Company has recorded $0.3 million and $0.8 million related to these obligations in Selling and Administrative Expenses

Operational Improvement Plan

Operational Improvement Plan	12 Months Ended
Operational Improvement Plan	Dec. 31, 2021
Operational Improvement Plan [Abstract]
Operational Improvement Plan	15. 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 is centralizing 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. During the second quarter of 2021, the Company received cash proceeds, net of associated expenses, in connection with the termination of a New Jersey office and laboratory space lease. The terminated lease was originally executed in November 2020 as part of the Operational Improvement Plan; however, the landlord for the property requested to terminate the lease prior to the end of its term and compensated the Company as part of a negotiated resolution for that termination. The Company reports all costs and income associated with the Operational Improvement Plan in Corporate & Other. The following table summarizes the Operational Improvement Plan income and expenses recorded in Selling and Administrative Expenses (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Employee separation $ (123 ) $ (8 ) $ (351 ) $ (482 ) Other income (1) - (3,624 ) - (3,624 ) Other costs (2) - 2,207 4 2,211 Total $ (123 ) $ (1,425 ) $ (347 ) $ (1,895 ) (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 by segment for the year ended December 31, 2020: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Employee separation $ 352 $ 1,749 $ 589 $ 2,690 Other costs (1) - 640 9 649 Total $ 352 $ 2,389 $ 598 $ 3,339 (1) Other costs include professional services, accelerated depreciation, and other related costs. The Company recorded the Operational Improvement Plan expenses for the year ended December 31, 2020, as follows: (In thousands) Selling and Administrative Expenses Cost of Products Sold Consolidated Employee separation $ 2,690 $ - $ 2,690 Other costs (1) 614 35 649 Total $ 3,304 $ 35 $ 3,339 (1) Other costs include professional services, accelerated depreciation, and other related costs. As of December 31, 2021 and 2020, accrued liabilities in Other Accrued Expenses

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2021
Commitments and Contingencies [Abstract]
Commitments and Contingencies	16. Commitments and Contingencies Agar v. Sensient Natural Ingredients LLC On March 29, 2019, Calvin Agar (Agar), a former employee, filed a Class Action Complaint in Stanislaus County Superior Court against Sensient Natural Ingredients LLC (SNI). On May 22, 2019, Agar filed a First Amended Class Action Complaint against SNI (the Complaint). Agar alleges that SNI improperly reported overtime pay on employees’ wage statements, in violation of the California Labor Code. The Complaint alleges two causes of action, both of which concern the wage statements. The Complaint does not allege that SNI failed to pay any overtime due to Agar or any of the putative class or group members. The Complaint merely challenges the manner in which SNI has reported overtime pay on its wage statements. SNI maintains that it has accurately paid Agar and the putative class members for all overtime worked, and that they have not experienced any harm. SNI further maintains that the format of its wage statements does not violate the requirements of state law or any specific guidance from California decisional law, the California Division of Labor Standards Enforcement, or the California Labor Commissioner’s Office. Finally, SNI contended that certain of the state law claims are subject to mandatory individual arbitration. SNI filed its Answer and Affirmative Defenses to the Complaint on July 10, 2019. The parties participated in an early mediation in the case in December 2019, which was not successful. On March 17, 2020, the Court granted Agar leave to file a Second Amended Complaint, which removed the claim that SNI had asserted was subject to mandatory individual arbitration. SNI filed a Demurrer to the Second Amended Complaint, seeking dismissal of the remaining claim, on May 1, 2020. The Court overruled the Demurrer on September 1, 2020. SNI requested discretionary appellate review of this decision. The Court of Appeal of the State of California, Fifth Appellate District granted SNI’s application on February 19, 2021 and ordered briefing by the parties. Discovery is currently stayed in the matter pending the outcome of appellate review. SNI continues to evaluate the developing legal authority on this issue. SNI intends to continue to vigorously defend its interests, absent a reasonable resolution. Kelley v. Sensient Natural Ingredients LLC; Bryan v. Sensient Natural Ingredients LLC; Walters v. Sensient Natural Ingredients LLC On March 4, 2020, Monique Kelley filed a Class Action Complaint against SNI in Merced County Superior Court in California. Ms. Kelley worked at SNI for less than a week in 2017 through a temporary staffing company. Ms. Kelley has brought suit for purported violations of the California Labor Code and the California Business and Professions Code on her own behalf, and on behalf of all current and former California-based hourly-paid or non-exempt employees of SNI. Ms. Kelley specifically asserts claims for unpaid overtime wages, unpaid minimum wages, unpaid meal and rest break premiums, failure to timely pay final wages upon termination, non-compliant wage statements, and unreimbursed business expenses. SNI filed a Demurrer on May 21, 2020, seeking dismissal of the Complaint in its entirety on the grounds that it contains only boilerplate allegations that fail to state facts sufficient to constitute a cause of action, and it is otherwise uncertain, ambiguous, and unintelligible. SNI further sought dismissal of one cause of action based upon the statute of limitations. SNI simultaneously filed a Motion to Strike certain allegations in the Complaint as improperly pled. The Court sustained the Demurrer with leave to amend on August 25, 2020. The Court also granted the Motion to Strike. Ms. Kelley has amended her original pleading, asserting the same causes of action, to which SNI has filed a responsive pleading. The parties have begun discovery. On J une 15, 2020 , the same law firm representing Ms. Kelley also filed notice with the State of California of the intent to pursue a claim on a representative basis pursuant to the California Private Attorneys General Act of 2004 (PAGA). This notice was served on behalf of Julie Bryan, who worked at SNI through a temporary staffing agency in early 2020. The notice states the intent to pursue relief on behalf of Ms. Bryan as well as other alleged aggrieved employees, identified as all current and former hourly or non-exempt employees of SNI, whether hired directly or through staffing agencies or labor contractors. The notice alleges that SNI failed to properly pay Ms. Bryan and the other alleged aggrieved employees for all hours worked, failed to properly provide or compensate minimum and overtime wages and for meal and rest breaks, failed to issue compliant wage statements, and failed to reimburse for all necessary business-related expenses, in violation of the California Labor Code and California Industrial Welfare Commission Orders. On August 19, 2020, Ms. Bryan filed a Complaint in Merced County Superior Court asserting the claims set forth in her PAGA notice. SNI filed its Answer and Affirmative Defenses, and the parties entered the discovery phase of the case. On May 20, 2021, however, Ms. Bryan filed a Request for Dismissal of her action, without prejudice. On April 26, 2021, prior to the filing of the above-referenced Notice of Dismissal, the same law firm filed an additional notice with the State of California of the intent to pursue a claim on a representative basis pursuant to PAGA. This notice was served on behalf of Patrick Walters, an employee of SNI. The notice states the intent to pursue relief on behalf of Mr. Walters as well as other alleged aggrieved employees, identified as all current and former hourly or non-exempt employees of SNI, whether hired directly or through staffing agencies. The notice alleges that SNI failed to properly pay Mr. Walters and the other alleged aggrieved employees for all hours worked, failed to properly provide or compensate minimum and overtime wages and for meal and rest breaks, failed to issue compliant wage statements, and failed to reimburse for all necessary business-related expenses, in violation of the California Labor Code and California Industrial Welfare Commission Orders. On July 30, 2021, Mr. Walters filed a Complaint in Merced County Superior Court asserting the claims set forth in his PAGA notice. SNI filed its Answer and Affirmative Defenses in response. Ms. Kelley and Mr. Walters have agreed to attempt a joint mediation with Ms. Sofia Rodriguez (see case description below), which is scheduled for August 2022. SNI intends to vigorously defend its interests in both the Kelley and Walters matters, absent a reasonable resolution. Sofia Rodriguez v. Sensient Natural Ingredients LLC and One Source Staffing Solutions, Inc. On June 10, 2021, Sofia Rodriguez filed notice with the State of California of the intent to pursue a claim on a representative basis pursuant to PAGA. The notice was served on behalf of Ms. Rodriguez, who worked at SNI through One Source Staffing Solutions, Inc. for five months in 2020. The notice states the intent to pursue relief on behalf of Ms. Rodriguez as well as other alleged aggrieved employees, identified as all non-exempt employees who worked for Defendants in the State of California, and who were paid on an hourly basis. The notice alleges that SNI failed to allow Ms. Rodriguez and the other alleged aggrieved employees to take statutorily required meal and rest periods. The notice further alleges that Defendants suffered and permitted Ms. Rodriguez and other alleged aggrieved employees to work off the clock, failed to pay for all hours worked, failed to properly provide or compensate for minimum and overtime wages, failed to issue compliant wage statements, and failed to pay wages owed upon termination of employment, in violation of the California Labor Code. Ms. Rodriguez also asserts that she was taken off the schedule and not returned to work after complaining about the alleged wage and hour violations set forth in the PAGA notice. On August 17, 2021, Ms. Rodriguez filed a Complaint in Stanislaus County Superior Court asserting the claims set forth in her PAGA notice. SNI filed its Answer and Affirmative Defenses in response. Ms. Rodriguez has agreed to attempt a joint mediation with Ms. Monique Kelley and Mr. Patrick Walters (see case descriptions above), which is scheduled for August 2022. SNI intends to vigorously defend its interests in the Rodriguez matter, absent a reasonable resolution. Other Claims The Company is subject to various claims and litigation arising in the normal course of business. The Company establishes reserves for claims and proceedings when it is probable that liabilities exist and reasonable estimates of loss can be made. While it is not possible to predict the outcome of these matters, based on our assessment of the facts and circumstances now known, we do not believe that these matters, individually or in the aggregate, will have a material adverse effect on our financial position. However, actual outcomes may be different from those expected and could have a material effect on our results of operations or cash flows in a particular period. See Note Divestitures , for information about estimated environmental remediation costs associated with our former Granada, Spain, location.

Subsequent Event

Subsequent Event	12 Months Ended
Subsequent Event	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Event	17. Subsequent Event On , the Company announced its quarterly dividend of cents per share would be payable on .

Schedule II Valuation and Quali

Schedule II Valuation and Qualifying Accounts	12 Months Ended
Schedule II Valuation and Qualifying Accounts	Dec. 31, 2021
Schedule II - Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	Financial Statement Schedule Schedule II Valuation and Qualifying Accounts (in thousands); Years Ended December 31, 2021, 2020, and 2019 Valuation Accounts Deducted in the Balance Sheet From the Assets to Which They Apply Balance at Beginning of Period Additions Charged to Costs and Expenses Additions Recorded During Acquisitions Deductions (A) Balance at End of Period 2019 Allowance for losses: Trade accounts receivable $ 5,976 $ 2,469 $ 0 $ 3,882 $ 4,563 2020 Allowance for losses: Trade accounts receivable $ 4,563 $ 565 $ 0 $ 1,693 $ 3,435 2021 Allowance for losses: Trade accounts receivable $ 3,435 $ 1,631 $ 0 $ 189 $ 4,877 (A) Accounts written off, net of recoveries. In 2019, $2,350 thousand was moved from Trade Accounts Receivable Assets Held for Sale Assets Held for Sale Trade Accounts Receivable All other schedules are omitted because they are inapplicable, not required by the instructions, or the information is included in the consolidated financial statements or notes thereto.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2021
Summary of Significant Accounting Policies [Abstract]
Principles of Consolidation and Basis of Presentation	Principles of Consolidation and Basis of Presentation The consolidated financial statements include the accounts of the Company and have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). All significant intercompany accounts and transactions have been eliminated in consolidation.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements requires the use of management’s estimates and assumptions that affect reported amounts of assets, liabilities, revenue, and expenses during the reporting period and the disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates.
Revenue Recognition	Revenue Recognition The Company recognizes revenue at the transfer of control of its products to the Company’s customers in an amount reflecting the consideration to which the Company expects to be entitled. In order to achieve this core principle, the Company applies the following five-step approach: • Identification of the contract, or contracts, with a customer • Identification of the performance obligations in the contract • Determination of the transaction price • Allocation of the transaction price to the performance obligations in the contract • Recognition of revenue when, or as, the Company satisfies the performance obligations The Company considers customer purchase orders, which in some cases are governed by master sales agreements, coupled with the Company’s purchase order acknowledgements, to be the contracts with the customer. For each contract, the Company considers the identified performance obligation to be the promise to transfer products. In determining the transaction price, the Company evaluates whether the price is subject to refund or adjustment and then determines the net consideration to which the Company expects to be entitled. In addition, the Company assesses the customer’s ability to pay as part of its evaluation of the contract. As the Company’s standard payment terms are less than one year, the Company elected the practical expedient under Accounting Standards Codification (ASC) 606-10-32-18, and determined that its contracts do not have a significant financing component. The Company allocates the transaction price to each distinct product based on the relative standalone selling price. Revenue is recognized when control of the product is transferred to the customer, the customer is obligated to pay the Company, and the Company has no remaining obligations, which is typically at shipment. In certain locations, primarily outside the United States, product delivery terms may vary. Thus, in such locations, the point at which control of the product transfers to the customer and revenue recognition occurs will vary accordingly. Customer returns of non-conforming products are estimated at the time revenue is recognized. In certain customer relationships, volume rebates exist, which are recognized according to the terms and conditions of the contractual relationship. Customer returns, rebates, and discounts are not material to the Company’s consolidated financial statements. The Company has elected to recognize the revenue and cost for freight and shipping when control over the products has transferred to the customer. The Company has elected to immediately expense contract costs related to obtaining a contract as the amortization period of the asset the Company otherwise would have recognized would have been less than a year. In addition to evaluating the Company’s performance based on the segments above, revenue is also disaggregated and analyzed by product line and geographic market (See Note 12, Segment and Geographic Information, .
Cost of Products Sold	Cost of Products Sold Cost of products sold includes materials, labor, and overhead expenses incurred in the manufacture of our products. Cost of products sold also includes charges for obsolete and slow-moving inventories as well as costs for quality control, purchasing and receiving costs, inspection costs, warehousing costs, internal transfer costs, other costs of our internal distribution network, and costs incurred for shipping and handling. The Company records fees billed to customers for shipping and handling as revenue.
Selling and Administrative Expenses	Selling and Administrative Expenses Selling and administrative expenses primarily include the salaries and related costs for executive, finance, accounting, human resources, information technology, research and development, and legal personnel as well as salaries and related costs of salespersons and commissions paid to external sales agents.
Cash Equivalents	Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less at the date of acquisition as cash equivalents.
Accounts Receivable	Accounts Receivable Receivables are recorded at their face amount, less an allowance for losses on doubtful accounts. The allowance for doubtful accounts is based on customer-specific analysis and general matters such as current assessments of past due balances and economic conditions. Specific accounts are written off against the allowance for doubtful accounts when it is deemed that the receivable is no longer collectible.
Inventories	Inventories Inventories are stated at the lower of cost or net realizable value. Net realizable value is determined on the basis of estimated realizable values. Cost is determined using the first-in, first-out (FIFO) method with the exception of certain locations of the Flavors & Extracts Group where cost is determined using a weighted average method. Inventories include finished and in-process products totaling $280.2 million and $268.1 million at December 31, 2021 and 2020, respectively, and raw materials and supplies of $131.4 million and $113.2 million at December 31, 2021 and 2020, respectively. The Company recorded a non-cash charge of $ million, $ million, and $9.8 million in Cost of Products Sold related to the divested product lines in 2021, 2020, and 2019, respectively. The non-cash charge reduced the carrying value of certain inventories, as they were determined to be excess. See Note 14, Divestitures , for additional information.
Property, Plant, and Equipment	Property, Plant, and Equipment Property, plant, and equipment are recorded at cost reduced by accumulated depreciation. Depreciation is provided over the estimated useful life of the related asset using the straight-line method for financial reporting. The estimated useful lives for buildings and leasehold improvements range from 5 to 40 years. Machinery and equipment have estimated useful lives ranging from 3 to 20 years. Interest costs on significant projects constructed or developed for the Company’s own use are capitalized as part of the asset.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets The carrying value of goodwill is evaluated for impairment on an annual basis or more frequently when an indicator of impairment occurs. The impairment assessment includes comparing the carrying amount of net assets, including goodwill, of each reporting unit to its respective fair value as of the date of the assessment. Fair value was estimated based upon an evaluation of the reporting unit’s estimated future discounted cash flows as well as the public trading and private transaction valuation multiples for comparable companies. The Company performed such a quantitative analysis in 2019, which indicated a substantial premium compared to the carrying value of net assets, including goodwill, at the reporting unit level. In the fourth quarter of 2019, as a result of the Company meeting the assets held for sale criteria for its divestitures of its inks and fragrances (excluding its essential oils product line) product lines, the Company allocated $8.4 million of goodwill to those disposal groups. The $8.4 million of goodwill related to the disposal groups was determined to be fully impaired. In 2020, the fair value of the disposal groups decreased, which resulted in the previously allocated goodwill of $2.2 million to be reallocated to its respective financial reporting units. In 2021, the fair value of the disposal groups increased, which resulted in an additional $0.8 million of goodwill allocated to the disposal groups. See Note 14, Divestitures, for additional details. The cost of intangible assets with determinable useful lives is amortized on a straight-line basis to reflect the pattern of economic benefits consumed, ranging from 5 to 20 years. These assets include technological know-how, customer relationships, patents, trademarks, and non-compete agreements, among others.
Impairment of Long-lived Assets	Impairment of Long-lived Assets The Company reviews long-lived assets for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable. The Company performs undiscounted cash flow analyses to determine if potential impairment exists. If impairment is determined to exist, any related impairment loss is calculated based on the difference between fair value and carrying value. Impairment losses were recorded as a result of the Company’s divestiture of its inks product line and its divestiture of its fragrances product line (excluding its essential oils product line). See Note 14 , Divestitures , for additional information.
Leases	Leases The Company enters into lease agreements for certain office space, warehouses, land, and equipment in the ordinary course of business. The Company determines if an arrangement is a lease at inception and evaluates the lease classification (i.e., operating lease or financing lease) at that time. Lease arrangements with an initial term of 12 months or less are considered short-term leases and are not recorded on the balance sheet. The Company recognizes lease expense for these leases on a straight-line basis over the term of the lease. Operating leases are included in Other Assets Other Accrued Expenses Other Liabilities The Company uses its incremental borrowing rate on the commencement date for determining the present value of lease payments. The Company considers the likelihood of exercising options to extend or terminate the lease when determining the lease term. The Company has lease agreements with lease and non-lease components. The Company has elected the practical expedient of accounting for the lease and non-lease components of each lease as a single lease component.
Derivative Financial Instruments	Derivative Financial Instruments The Company selectively uses derivative financial instruments to reduce market risk associated with changes in foreign currency and interest rate exposures, which exist as part of ongoing business operations. All derivative transactions are authorized and executed pursuant to the Company’s risk management policies and procedures, which strictly prohibit the use of financial instruments for speculative trading purposes. The primary objectives of the foreign exchange risk management activities are to understand and mitigate the impact of potential foreign exchange fluctuations on the Company’s financial results and its economic well-being. Changes in the fair value of derivatives that are designated as fair value hedges, along with the gain or loss on the hedged item, are recorded in current period earnings. These risk management transactions may involve the use of foreign currency derivatives to protect against exposure resulting from recorded accounts receivable and payable. The Company may utilize forward exchange contracts, generally with maturities of less than 18 months, which qualify as cash flow hedges. Generally, these foreign exchange contracts are intended to offset the effect of exchange rate fluctuations on non-functional currency denominated sales and purchases. For derivative instruments that are designated as cash flow hedges, gains and losses are deferred in Accumulated Other Comprehensive Income For hedges designated as cash flow hedges, the Company elects critical terms that match at the onset of the hedge transaction. Hedge accounting is permitted only if the hedge meets the critical terms match requirements. The Company reviews the critical terms at each effectiveness testing date to ensure the respective terms match; therefore, achieving a highly effective hedge.
Interest Rate Hedging	Interest Rate Hedging The Company is exposed to interest rate risk through its corporate borrowing activities. The objective of the Company’s interest rate risk management activities is to manage the levels of the Company’s fixed and floating interest rate exposure to be consistent with the Company’s preferred mix. The interest rate risk management program may include entering into interest rate swaps, which qualify as fair value hedges, when there is a desire to modify the Company’s exposure to interest rates. Gains or losses on fair value hedges are recognized in earnings, net of gains and losses on the fair value of the hedged instruments.
Net Investments Hedging	Net Investments Hedging The Company is exposed to risk related to its net investments in foreign subsidiaries. As part of its risk management activities, the Company may enter into foreign-denominated debt to be used as a non-derivative instrument to hedge the Company’s net investment in foreign subsidiaries. The change in the fair value of debt designated as a net investment hedge is recorded in foreign currency translation in OCI.
Commodity Purchases	Commodity Purchases The Company purchases certain commodities in the normal course of business that result in physical delivery of the goods and, hence, are excluded from ASC 815, Derivatives and Hedging
Translation of Foreign Currencies	Translation of Foreign Currencies For all significant foreign operations, the functional currency is the local currency. Assets and liabilities of foreign operations are translated into U.S. dollars at current exchange rates. Revenue and expense accounts are translated into U.S. dollars at average exchange rates prevailing during the year. Adjustments resulting from the translation of foreign accounts into U.S. dollars are recorded in foreign currency translation in OCI. Transaction gains and losses that occur as a result of transactions denominated in non-functional currencies are included in earnings and were not significant during the years ended December 31, 2021, 2020, and 2019.
Share-Based Compensation	Share-Based Compensation Share-based compensation expense is recognized over the vesting period of each award based on the fair value of the instrument at the time of grant as summarized in Note 8, Share-Based Compensation.
Income Taxes	Income Taxes The Company recognizes a current tax liability or asset for the estimated taxes payable or refundable on tax returns for the current year and a deferred tax liability or asset for the estimated future tax effects attributable to temporary differences and carryforwards. The measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax law. Deferred tax assets are reduced, if necessary, by the amount of any tax benefits for which the utilization of the asset is not considered likely.
Earnings Per Share	Earnings Per Share The difference between basic and diluted earnings per share (EPS) is the dilutive effect of non-vested stock. Diluted EPS assumes that non-vested stock has vested. The following table sets forth the computation of basic and diluted EPS for the years ended December 31: Years Ended December 31, (In thousands except per share amounts) 2021 2020 2019 Numerator: Net earnings $ 118,745 $ 109,472 $ 82,047 Denominator: Denominator for basic EPS - weighted average common shares 42,077 42,301 42,263 Effect of dilutive securities 181 45 31 Denominator for diluted EPS - diluted weighted average shares outstanding 42,258 42,346 42,294 Earnings per Common Share: Basic $ 2.82 $ 2.59 $ 1.94 Diluted $ 2.81 $ 2.59 $ 1.94 The Company has a share-based compensation plan under which employees may be granted share-based awards in which non-forfeitable dividends are paid on non-vested shares for certain awards. As such, these shares are considered participating securities under the two-class method of calculating EPS as described in ASC 260, Earnings per Share. All EPS amounts are presented on a diluted basis unless otherwise noted.
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Accumulated OCI is composed primarily of foreign currency translation, pension liability, and unrealized gains or losses on cash flow hedges. See Note 10, Accumulated Other Comprehensive Income,
Research and Development	Research and Development Research and development costs are recorded in S elling and Administrative Expenses in the year they are incurred. Research and development costs were $ million, $ million, and $ million, during the years ended December 31, 2021, 2020, and 2019, respectively.
Advertising	Advertising Advertising costs are recorded in Selling and Administrative Expenses as they are incurred. Advertising costs were $ million, $ million, and $2.2 million, during the years ended December 31, 2021, 2020, and 2019, respectively.
Environmental Liabilities	Environmental Liabilities The Company records liabilities related to environmental remediation obligations when estimated future expenditures are probable and reasonably estimable. Such accruals are adjusted as further information becomes available or as circumstances change. Estimated future expenditures are discounted to their present value when the timing and amount of future cash flows are fixed and readily determinable. Recoveries of remediation costs from other parties, if any, are recognized as assets when their receipt is realizable.
Subsequent Events	Subsequent Events The Company performed an evaluation of subsequent events through the date these financial statements were issued. See Note 17, Subsequent Event
Recently Adopted/Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes Recently Issued Accounting Pronouncements In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting Other recently issued accounting pronouncements are not expected to have a material impact on the Company’s consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
Summary of Significant Accounting Policies (Tables)	Dec. 31, 2021
Summary of Significant Accounting Policies [Abstract]
Weighted-Average Common Shares for the Computation of EPS	The following table sets forth the computation of basic and diluted EPS for the years ended December 31: Years Ended December 31, (In thousands except per share amounts) 2021 2020 2019 Numerator: Net earnings $ 118,745 $ 109,472 $ 82,047 Denominator: Denominator for basic EPS - weighted average common shares 42,077 42,301 42,263 Effect of dilutive securities 181 45 31 Denominator for diluted EPS - diluted weighted average shares outstanding 42,258 42,346 42,294 Earnings per Common Share: Basic $ 2.82 $ 2.59 $ 1.94 Diluted $ 2.81 $ 2.59 $ 1.94

Trade Accounts Receivable (Tabl

Trade Accounts Receivable (Tables)	12 Months Ended
Trade Accounts Receivable (Tables)	Dec. 31, 2021
Trade Accounts Receivable [Abstract]
Changes in Allowance for Doubtful Accounts	The following table summarizes the changes in the allowance for doubtful accounts for the years ended December 31, 2021 and 2020: (In thousands) Allowance for Doubtful Accounts Balance at December 31, 2019 $ 6,913 Adoption of ASU 2016-13 853 Provision for expected credit losses 565 Accounts written off (1,590 ) Divestitures (2,174 ) Translation and other activity (676 ) Balance at December 31, 2020 $ 3,891 Provision for expected credit losses 1,631 Accounts written off (434 ) Translation and other activity (211 ) Balance at December 31, 2021 $ 4,877

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
Goodwill and Intangible Assets (Tables)	Dec. 31, 2021
Goodwill and Intangible Assets [Abstract]
Intangible Assets	At December 31, 2021 and 2020, goodwill is the only intangible asset that is not subject to amortization. The following table summarizes intangible assets with determinable useful lives by major category as of December 31, 2021 and 2020: 2021 2020 (In thousands except weighted average amortization years) Weighted Average Amortization Years Cost Accumulated Amortization Cost Accumulated Amortization Technological know-how 15.9 $ 8,870 $ (2,314 ) $ 7,570 $ (1,787 ) Customer relationships 17.9 7,084 (2,269 ) 3,401 (1,898 ) Patents, trademarks, non-compete agreements, and other 15.5 11,606 (8,002 ) 10,925 (7,281 ) Total finite-lived intangibles 16.0 $ 27,560 $ (12,585 ) $ 21,896 $ (10,966 )
Changes in Goodwill by Business Segment	The changes in goodwill for the years ended December 31, 2021 and 2020, by reportable business segment, were as follows: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Balance as of December 31 2019 $ 108,148 $ 293,636 $ 5,258 $ 407,042 Currency translation impact 3,565 10,086 399 14,050 Goodwill related to divestitures (1) 657 1,541 - 2,198 Balance as of December 31 2020 $ 112,370 $ 305,263 $ 5,657 $ 423,290 Currency translation impact (17,298 ) 6,001 (603 ) (11,900 ) Goodwill related to divestitures (2) (812 ) - - (812 ) Acquisitions (3) 9,456 - - 9,456 Balance as of December 31 2021 $ 103,716 $ 311,264 $ 5,054 $ 420,034 (1) In the fourth quarter of 2019, the Company met all of the assets held for sale criteria related to the divestitures of its inks product line and fragrances product line (excluding its essential oils product line). Goodwill of $ 8.4 million was allocated to those disposal groups and was determined to be fully impaired based on the estimated fair value of each of the disposal groups. See Note 14, Divestitures , for additional information. (2) In 2021, the fair value of the disposal group increased, which increased the value of goodwill allocated to the disposal group by $ 0.8 million. See Note 14, Divestitures , for additional information. (3) In 2021, the Company acquired Flavor Solutions, Inc. See Note 2, Acquisition, for additional information.

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Dec. 31, 2021
Leases [Abstract]
Maturities of Operating Lease Liabilities	As of December maturities of operating lease liabilities for future annual periods are as follows: (In s) Year ending December 2022 $ 7,113 2023 5,866 2024 4,629 2025 3,169 2026 2,193 Thereafter 7,709 Total lease payments 30,679 Less imputed interest (3,803 ) Present value of lease liabilities $ 26,876

Debt (Tables)

Debt (Tables)	12 Months Ended
Debt (Tables)	Dec. 31, 2021
Debt [Abstract]
Long-Term Debt	Long-term debt consisted of the following unsecured obligations at December 31: (In thousands) 2021 2020 3.66 November 2023 $ 75,000 $ 75,000 3.65 May 2024 27,000 27,000 4.19 November 2025 25,000 25,000 1.85 November 2022 76,017 81,672 3.06 November 2023 43,487 46,722 1.27 May 2024 56,850 61,080 1.71 May 2027 45,480 48,864 2.53 November 2023 33,829 34,176 2.76 November 2025 33,829 34,176 Term loan - 8,375 Revolving Credit Facilities 86,000 83,324 Various other notes 1,137 1,647 Total debt 503,629 527,036 Less debt fees (136 ) (143 ) Less current portion (487 ) (8,889 ) Total long-term debt $ 503,006 $ 518,004
Contractual Maturities on Long-Term Debt	The aggregate amounts of contractual maturities on long-term debt subsequent to December 31, 2021, are as follows: (In s) Year ending December 2022 $ 106,504 2023 152,834 2024 83,981 2025 58,830 2026 56,000 Thereafter 45,480 Total long-term debt maturities $ 503,629
Restrictive Loan Covenants	Substantially all of the senior financing obligations contain restrictions concerning interest coverage, borrowings, and investments. The Company is in compliance with all of these restrictions at December 31, 2021. The following table summarizes the Company’s most restrictive loan covenants calculated in accordance with the applicable agreements as of December 31, 2021: Actual Required Debt to EBITDA (1) 2.04 <3.50 Interest Coverage (Minimum) 21.60 >3.00 (1) Debt to EBITDA is defined in the Company’s debt covenants as total funded debt divided by the Company’s consolidated operating income excluding non-operating gains and losses and depreciation and amortization
Short-Term Borrowings	The Company’s short-term borrowings consisted of the following items at December 31: (In thousands) 2021 2020 U.S. credit facilities $ 7,284 $ 138 Current maturities of long-term debt 487 8,889 Loans of foreign subsidiaries 768 220 Total $ 8,539 $ 9,247

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
Share-Based Compensation (Tables)	Dec. 31, 2021
Share-Based Compensation [Abstract]
Non-vested Stock and Performance Unit Activity	The following table summarizes the non-vested stock and performance stock unit activity: (In thousands except fair value) Shares Grant Date Weighted Average Fair Value Aggregate Intrinsic Value Outstanding at December 31 380 $ 66.02 $ 21,239 Granted 134 60.04 Vested (46 ) 63.61 Cancelled (64 ) 62.39 Outstanding at December 31 2019 404 64.89 26,710 Granted 142 65.61 Vested (27 ) 74.21 Cancelled (68 ) 73.39 Outstanding at December 31 2020 451 63.28 33,283 Granted 129 90.10 Vested (25 ) 61.91 Cancelled (73 ) 72.37 Outstanding at December 31 2021 482 $ 69.15 $ 48,271

Retirement Plans (Tables)

Retirement Plans (Tables)	12 Months Ended
Retirement Plans (Tables)	Dec. 31, 2021
Retirement Plans [Abstract]
Funded Status of Defined Benefit Plan	Although the Company intends for these defined contribution plans to be the primary retirement benefit for most employees, the Company also has several defined benefit plans. The funded status of the defined benefit plans was as follows at December 31: (In thousands) 2021 2020 Benefit obligation at beginning of year $ 45,631 $ 39,421 Service cost 1,740 1,601 Interest cost 851 1,022 Foreign currency exchange rate changes (291 ) 690 Benefits and settlements paid (3,298 ) (1,948 ) Amendments - 42 Actuarial (gain) loss (2,853 ) 4,803 Benefit obligation at end of year 41,780 45,631 Plan assets at beginning of year 35,676 31,776 Company contributions 947 1,117 Foreign currency exchange rate changes (297 ) 882 Benefits paid (1,718 ) (1,948 ) Settlement payments (1,580 ) - Actual (loss) gain on plan assets (46 ) 3,849 Plan assets at end of year 32,982 35,676 Funded status $ (8,798 ) $ (9,955 ) Accumulated benefit obligation $ 40,873 $ 44,559
Amounts Recognized in Consolidated Balance Sheets	Amounts recognized in the Consolidated Balance Sheets at December 31: (In thousands) 2021 2020 Accrued employee and retiree benefits $ (18,375 ) $ (19,349 ) Other accrued expenses (693 ) (722 ) Other assets 10,270 10,116 Net liability $ (8,798 ) $ (9,955 )
Annual Benefit Cost	Components of annual benefit cost: (In thousands) 2021 2020 2019 Service cost $ 1,740 $ 1,601 $ 1,432 Interest cost 851 1,022 1,273 Expected return on plan assets (728 ) (813 ) (896 ) Recognized actuarial loss (gain) 267 41 (176 ) Settlement income (151 ) - - Defined benefit expense $ 1,979 $ 1,851 $ 1,633
Weighted Average Assumptions	Weighted average liability assumptions as of December 31: 2021 2020 Discount rate 2.35 % 1.87 % Expected return on plan assets 2.54 % 2.17 % Rate of compensation increase 0.27 % 0.34 % Weighted average cost assumptions for the year ended December 31: 2021 2020 2019 Discount rate 1.87 % 2.69 % 3.80 % Expected return on plan assets 2.17 % 2.68 % 3.21 % Rate of compensation increase 0.34 % 0.34 % 0.31 %
Amounts Recognized in Accumulated Other Comprehensive Loss	Amounts in accumulated other comprehensive loss at December 31 were as follows: (In thousands) 2021 2020 Unrecognized net actuarial loss $ 221 $ 2,402 Prior service cost 179 187 Total before tax effects $ 400 $ 2,589
Pension Adjustments Recognized in Accumulated Other Comprehensive Income	The pension adjustments, net of tax, recognized in OCI, were as follows: (In thousands) 2021 2020 2019 Net actuarial gain (loss) arising during the period $ 1,528 $ (1,293 ) $ (1,091 ) Prior service cost - (32 ) - Amortization of actuarial loss (gain), included in defined benefit expense 84 32 (130 ) Pension adjustment, net of tax $ 1,612 $ (1,293 ) $ (1,221 )
Pension Plan Assets by Asset Category	The following table presents the Company’s pension plan assets by asset category as of December 31, 2021 and 2020: Fair Value as of December 31, Fair Value Measurements at December 31, 2021 Using Fair Value Hierarchy Fair Value as of December 31, Fair Value Measurements at December 31, 2020 Using Fair Value Hierarchy (In thousands) 2021 Level 1 Level 2 Level 3 2020 Level 1 Level 2 Level 3 Equity Funds Domestic $ 7,033 $ 7,033 $ - $ - $ 6,565 $ 6,565 $ - $ - International 79 - 79 - 97 - 97 - International Fixed Income Funds 25,732 889 24,843 - 28,911 1,190 27,721 - Other investments 138 115 23 - 103 76 27 - Total assets at fair value $ 32,982 $ 8,037 $ 24,945 $ - $ 35,676 $ 7,831 $ 27,845 $ -

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
Accumulated Other Comprehensive Income (Tables)	Dec. 31, 2021
Accumulated Other Comprehensive Income [Abstract]
Changes in OCI	The following table summarizes the changes in OCI for 2021, 2020, and 2019: (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balance as of December 31 $ 147 $ 549 $ (166,251 ) $ (165,555 ) Other comprehensive income (loss) before reclassifications (111 ) (1,091 ) 4,114 2,912 Amounts reclassified from OCI (235 ) (130 ) - (365 ) Balance as of December 31 2019 $ (199 ) $ (672 ) $ (162,137 ) $ (163,008 ) Other comprehensive income (loss) before reclassifications (374 ) (1,325 ) 12,887 11,188 Amounts reclassified from OCI 1,322 32 (8,625 ) (7,271 ) Balance as of December 31 2020 $ 749 $ (1,965 ) $ (157,875 ) $ (159,091 ) Other comprehensive income (loss) before reclassifications 775 1,528 (26,809 ) (24,506 ) Amounts reclassified from OCI (1,318 ) 84 10,203 8,969 Balance as of December 31 2021 $ 206 $ (353 ) $ (174,481 ) $ (174,628 ) (1) Cash Flow Hedges and Pension Items are net of tax.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Dec. 31, 2021
Income Taxes [Abstract]
Earnings Before Income Taxes	Earnings before income taxes were as follows: (In thousands) 2021 2020 2019 United States $ 71,764 $ 72,593 $ 38,356 Foreign 85,720 65,252 62,647 Total $ 157,484 $ 137,845 $ 101,003
Provision for Income Taxes	The provision for income taxes was as follows: (In thousands) 2021 2020 2019 Current income tax expense: Federal $ 16,807 $ 9,660 $ 12,994 State 5,128 3,000 2,622 Foreign 22,875 24,418 22,680 44,810 37,078 38,296 Deferred expense (benefit): Federal (4,159 ) (6,918 ) (17,246 ) State (1,189 ) (565 ) 18 Foreign (723 ) (1,222 ) (2,112 ) (6,071 ) (8,705 ) (19,340 ) Income taxes $ 38,739 $ 28,373 $ 18,956
Effective Income Tax Rate Reconciliation	The reconciliation between the U.S. Federal tax rate and the actual effective tax rate was as follows 2021 2020 2019 Taxes at statutory rate 21.0 % 21.0 % 21.0 % State income taxes, net of federal income tax benefit 2.9 2.2 2.2 Tax credits (1.4 ) (1.5 ) (2.6 ) Taxes on foreign earnings 4.7 2.8 5.1 Global Intangible Low-Taxed Income 0.7 0.1 0.9 Foreign Derived Intangible Income (0.9 ) (1.1 ) (1.0 ) Loss on balance sheet hedge 0.7 2.0 - Resolution of prior years’ tax matters (0.4 ) (0.1 ) (0.4 ) Valuation allowance adjustments (1.9 ) (3.7 ) (8.8 ) Other, net (0.8 ) (1.1 ) 2.4 Effective tax rate 24.6 % 20.6 % 18.8 %
Tax Effects of Temporary Differences - Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of deferred tax assets and liabilities consisted of the following: (In thousands) 2021 2020 Deferred tax assets: Benefit plans $ 10,360 $ 7,665 Liabilities and reserves 16,978 19,291 Operating loss and credit carryovers 68,646 77,756 Other 10,031 13,228 Gross deferred tax assets 106,015 117,940 Valuation allowance (36,859 ) (47,813 ) Deferred tax assets 69,156 70,127 Deferred tax liabilities: Property, plant, and equipment (32,560 ) (31,709 ) Goodwill (21,044 ) (22,012 ) Deferred tax liabilities (53,604 ) (53,721 ) Net deferred tax assets $ 15,552 $ 16,406
Reconciliation of Change in Liability for Unrecognized Tax Benefits	A reconciliation of the change in the liability for unrecognized tax benefits for 2021 and 2020 is as follows: (In thousands) 2021 2020 Balance at beginning of year $ 7,445 $ 6,032 Increases for tax positions taken in the current year 715 805 Increases for tax positions taken in prior years - 1,267 Decreases related to settlements with tax authorities (3,643 ) (386 ) Decreases as a result of lapse of the applicable statutes of limitations (367 ) (625 ) Foreign currency exchange rate changes (389 ) 352 Balance at the end of year $ 3,761 $ 7,445

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	12 Months Ended
Segment and Geographic Information (Tables)	Dec. 31, 2021
Segment and Geographic Information [Abstract]
Segment Information	Divestiture & other related costs and restructuring and other costs, including the operational improvement plan costs and income, for the years ended December , and , are further described in Note Divestitures, and Note Operational Improvement Plan, and are included in the operating income (loss) results in Corporate & Other below. In addition, the Company’s corporate expenses and share-based compensation are included in Corporate & Other. (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated 2021 : Revenue from external customers $ 717,688 $ 527,626 $ 134,950 $ - $ 1,380,264 Intersegment revenue 21,739 17,644 398 - 39,781 Total revenue 739,427 545,270 135,348 - 1,420,045 Operating income (loss) 98,660 103,575 26,330 (58,537 ) 170,028 Interest expense - - - 12,544 12,544 Earnings (loss) before income taxes 98,660 103,575 26,330 (71,081 ) 157,484 Assets 639,992 738,139 108,126 259,236 1,745,493 Capital expenditures 35,846 16,806 2,813 5,323 60,788 Depreciation and amortization 26,020 20,572 2,748 2,711 52,051 2020 : Revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ - $ 1,332,001 Intersegment revenue 17,552 14,482 245 - 32,279 Total revenue 742,035 501,018 121,227 - 1,364,280 Operating income (loss) 90,974 96,034 22,075 (56,427 ) 152,656 Interest expense - - - 14,811 14,811 Earnings (loss) before income taxes 90,974 96,034 22,075 (71,238 ) 137,845 Assets 686,348 718,665 100,258 235,589 1,740,860 Capital expenditures 24,541 19,840 2,687 5,094 52,162 Depreciation and amortization 24,801 19,368 2,578 2,894 49,641 2019 : Revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ - $ 1,322,934 Intersegment revenue 17,651 13,108 70 - 30,829 Total revenue 700,356 535,159 118,248 - 1,353,763 Operating income (loss) 74,961 101,190 19,382 (74,423 ) 121,110 Interest expense - - - 20,107 20,107 Earnings (loss) before income taxes 74,961 101,190 19,382 (94,530 ) 101,003 Assets 714,779 734,343 99,183 191,846 1,740,151 Capital expenditures 16,968 16,521 2,545 3,066 39,100 Depreciation and amortization 27,179 22,088 2,581 3,167 55,015
Geographical Information	The Company’s annual revenue summarized by geographic location is as follows: (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated 2021 : Revenue from external customers: North America $ 523,960 $ 263,031 $ 116 $ - $ 787,107 Europe 135,348 142,741 140 - 278,229 Asia Pacific 29,880 59,914 131,772 - 221,566 Other 28,500 61,940 2,922 - 93,362 Total revenue from external customers $ 717,688 $ 527,626 $ 134,950 $ - $ 1,380,264 Long-lived assets: North America $ 268,934 $ 250,682 $ - $ 105,150 $ 624,766 Europe 91,934 225,916 - 25 317,875 Asia Pacific 275 4,513 32,901 - 37,689 Other 568 23,442 - - 24,010 Total long-lived assets $ 361,711 $ 504,553 $ 32,901 $ 105,175 $ 1,004,340 2020 : Revenue from external customers: North America $ 491,641 $ 241,608 $ 81 $ - $ 733,330 Europe 160,083 129,704 193 - 289,980 Asia Pacific 30,080 52,414 117,427 - 199,921 Other 42,679 62,810 3,281 - 108,770 Total revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ - $ 1,332,001 Long-lived assets: North America $ 244,921 $ 252,906 $ - $ 102,577 $ 600,404 Europe 112,424 226,840 - - 339,264 Asia Pacific 204 4,670 31,834 - 36,708 Other 782 22,116 - - 22,898 Total long-lived assets $ 358,331 $ 506,532 $ 31,834 $ 102,577 $ 999,274 2019 : Revenue from external customers: North America $ 448,393 $ 251,593 $ 112 $ - $ 700,098 Europe 158,902 148,393 336 - 307,631 Asia Pacific 32,203 57,268 116,508 - 205,979 Other 43,207 64,797 1,222 - 109,226 Total revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ - $ 1,322,934 Long-lived assets: North America $ 251,822 $ 220,723 $ - $ 80,128 $ 552,673 Europe 102,631 242,311 - - 344,942 Asia Pacific 1,017 3,758 31,007 - 35,782 Other 504 18,037 - - 18,541 Total long-lived assets $ 355,974 $ 484,829 $ 31,007 $ 80,128 $ 951,938
Product Information	The Company’s revenue summarized by product portfolio is as follows: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated 2021 : Flavors, Extracts & Flavor Ingredients $ 455,818 $ - $ - $ 455,818 Natural Ingredients 255,772 - - 255,772 Fragrances 22,739 - - 22,739 Yogurt Fruit Preparations 5,098 - - 5,098 Food & Pharmaceutical Colors - 385,069 - 385,069 Personal Care - 158,237 - 158,237 Inks - 1,964 - 1,964 Asia Pacific - - 135,348 135,348 Intersegment Revenue (21,739 ) (17,644 ) (398 ) (39,781 ) Total revenue from external customers $ 717,688 $ 527,626 $ 134,950 $ 1,380,264 2020 : Flavors, Extracts & Flavor Ingredients $ 399,331 $ - $ - $ 399,331 Natural Ingredients 243,161 - - 243,161 Fragrances 85,354 - - 85,354 Yogurt Fruit Preparations 14,189 - - 14,189 Food & Pharmaceutical Colors - 346,269 - 346,269 Personal Care - 141,331 - 141,331 Inks - 13,418 - 13,418 Asia Pacific - - 121,227 121,227 Intersegment Revenue (17,552 ) (14,482 ) (245 ) (32,279 ) Total revenue from external customers $ 724,483 $ 486,536 $ 120,982 $ 1,332,001 2019 : Flavors, Extracts & Flavor Ingredients $ 378,967 $ - $ - $ 378,967 Natural Ingredients 214,027 - - 214,027 Fragrances 86,399 - - 86,399 Yogurt Fruit Preparations 20,963 - - 20,963 Food & Pharmaceutical Colors - 340,327 - 340,327 Personal Care - 159,640 - 159,640 Inks - 35,192 - 35,192 Asia Pacific - - 118,248 118,248 Intersegment Revenue (17,651 ) (13,108 ) (70 ) (30,829 ) Total revenue from external customers $ 682,705 $ 522,051 $ 118,178 $ 1,322,934

Divestitures (Tables)

Divestitures (Tables)	12 Months Ended
Divestitures (Tables)	Dec. 31, 2021
Divestitures [Abstract]
Assets and Liabilities Held for Sale	The assets and liabilities related to the inks and fragrances (excluding its essential oils product line) product lines are recorded in Assets Held for Sale Liabilities Held for Sale (In thousands) December 31, 2020 Assets held for sale: Trade accounts receivable, less allowance for losses of $ 456 $ 20,722 Inventories 25,045 Prepaid expenses and other current assets 1,843 Property, Plant, and Equipment, net 3,434 Intangible assets 1,716 Assets held for sale $ 52,760 Liabilities held for sale: Trade accounts payable $ 13,967 Accrued salaries, wages, and withholdings from employees 1,739 Other accrued expenses 1,633 Liabilities held for sale $ 17,339
Divestiture and Other Related Costs	The Company reports all costs associated with the divestitures in Corporate & Other. The following table summarizes the divestiture & other related costs for the year ended December 31, 2021: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate/ Other Consolidated Non-cash impairment charges – Selling and administrative expenses $ (1,000 ) $ 1,062 $ - $ - $ 62 Non-cash charges – Cost of products sold - 95 (9 ) - 86 Reclassification of foreign currency translation and related items – Selling and administrative expenses - 10,201 2 - 10,203 Other costs - Selling and administrative expenses (1) 917 2,553 (281 ) 598 3,787 Total $ (83 ) $ 13,911 $ (288 ) $ 598 $ 14,138 (1) Other costs – Selling and administrative expenses include employee separation costs, bad debt expense, professional services, accelerated depreciation, environmental remediation costs, and other related costs. The Company reports all costs associated with the divestitures in Corporate & Other. The following table summarizes the divestiture & other related costs for the year ended December 31, 2020: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate/ Other Consolidated Non-cash impairment charges – Selling and administrative expenses $ 2,597 $ 2,055 $ 8,928 $ (861 ) $ 12,719 Non-cash charges – Cost of products sold 1,679 77 (203 ) 242 1,795 Reclassification of foreign currency translation and related items – Selling and administrative expenses - - (8,625 ) - (8,625 ) Other costs - Selling and administrative expenses (1) 337 3,029 892 2,008 6,266 Total $ 4,613 $ 5,161 $ 992 $ 1,389 $ 12,155 (1) Other costs – Selling and administrative expenses include employee separation costs, environmental remediation costs, professional services, accelerated depreciation, and other related costs. The Company reports all costs associated with the divestitures in Corporate & Other. The following table summarizes the divestiture & other related costs for the year ended December 31, 2019: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate/ Other Consolidated Non-cash impairment charges – Selling and administrative expenses $ - $ 18,204 $ 15,849 $ 555 $ 34,608 Non-cash charges – Cost of products sold 9,767 - - - 9,767 Other costs - Selling and administrative expenses (1) - 305 26 374 705 Other costs – Cost of products sold (2) 800 - - - 800 Total $ 10,567 $ 18,509 $ 15,875 $ 929 $ 45,880 (1) Other costs – Selling and administrative expenses include employee separation costs, professional services, and other related costs. (2) Other costs – Cost of product sold include inventory disposal costs and other related costs.

Operational Improvement Plan (T

Operational Improvement Plan (Tables)	12 Months Ended
Operational Improvement Plan (Tables)	Dec. 31, 2021
Operational Improvement Plan [Abstract]
Operational Improvement Plan Costs by Segment	The following table summarizes the Operational Improvement Plan income and expenses recorded in Selling and Administrative Expenses (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Employee separation $ (123 ) $ (8 ) $ (351 ) $ (482 ) Other income (1) - (3,624 ) - (3,624 ) Other costs (2) - 2,207 4 2,211 Total $ (123 ) $ (1,425 ) $ (347 ) $ (1,895 ) (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 by segment for the year ended December 31, 2020: (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Employee separation $ 352 $ 1,749 $ 589 $ 2,690 Other costs (1) - 640 9 649 Total $ 352 $ 2,389 $ 598 $ 3,339 (1) Other costs include professional services, accelerated depreciation, and other related costs. The Company recorded the Operational Improvement Plan expenses for the year ended December 31, 2020, as follows: (In thousands) Selling and Administrative Expenses Cost of Products Sold Consolidated Employee separation $ 2,690 $ - $ 2,690 Other costs (1) 614 35 649 Total $ 3,304 $ 35 $ 3,339 (1) Other costs include professional services, accelerated depreciation, and other related costs.

Summary of Significant Accoun_4

Summary of Significant Accounting Policies, Nature of Operations (Details)	12 Months Ended
	Dec. 31, 2021Segment
Nature of Operations [Abstract]
Number of reportable segments	3

Summary of Significant Accoun_5

Summary of Significant Accounting Policies, Inventories (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Inventories [Abstract]
Inventories include finished and in-process products	$ 280.2	$ 268.1
Raw materials and supplies	131.4	113.2
Non-cash impairment charges	$ 0.1	$ 1.8	$ 9.8

Summary of Significant Accoun_6

Summary of Significant Accounting Policies, Property Plant and Equipment (Details)	12 Months Ended
	Dec. 31, 2021
Building and Leasehold Improvements [Member] \| Minimum [Member]
Property, Plant, and Equipment [Abstract]
Estimated useful lives	5 years
Building and Leasehold Improvements [Member] \| Maximum [Member]
Property, Plant, and Equipment [Abstract]
Estimated useful lives	40 years
Machinery and Equipment [Member] \| Minimum [Member]
Property, Plant, and Equipment [Abstract]
Estimated useful lives	3 years
Machinery and Equipment [Member] \| Maximum [Member]
Property, Plant, and Equipment [Abstract]
Estimated useful lives	20 years

Summary of Significant Accoun_7

Summary of Significant Accounting Policies, Intangible Assets (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Intangible assets [Abstract]
Impairment charge		$ 0		$ 0
Goodwill related to divestitures	[1]					$ 8,400
Goodwill related to divestitures		$ (812)	[2]	$ 2,198	[1]
Minimum [Member]
Intangible assets [Abstract]
Useful lives of intangible assets		5 years
Maximum [Member]
Intangible assets [Abstract]
Useful lives of intangible assets		20 years

[1]	In the fourth quarter of 2019, the Company met all of the assets held for sale criteria related to the divestitures of its inks product line and fragrances product line (excluding its essential oils product line). Goodwill of $8.4 million was allocated to those disposal groups and was determined to be fully impaired based on the estimated fair value of each of the disposal groups. In 2020, the fair value of the disposal groups decreased, which resulted in the previously allocated goodwill of $2.2 million to be reallocated to its respective financial reporting units. See Note 14, Divestitures, for additional information.
[2]	In 2021, the fair value of the disposal group increased, which increased the value of goodwill allocated to the disposal group by $0.8 million. See Note 14, Divestitures, for additional information.

Summary of Significant Accoun_8

Summary of Significant Accounting Policies, Derivative Financial Instruments (Details) - Maximum [Member]	12 Months Ended
	Dec. 31, 2021
Derivative Financial Instruments [Abstract]
Number of months for contracts to mature	18 months
Forward Exchange Contracts [Member]
Derivative Financial Instruments [Abstract]
Number of months for contracts to mature	18 months

Summary of Significant Accoun_9

Summary of Significant Accounting Policies, Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Numerator [Abstract]
Net earnings	$ 118,745	$ 109,472	$ 82,047
Denominator [Abstract]
Denominator for basic EPS - weighted average common shares (in shares)	42,077	42,301	42,263
Effect of dilutive securities (in shares)	181	45	31
Denominator for diluted EPS - diluted weighted average shares outstanding (in shares)	42,258	42,346	42,294
Earnings per Common Share [Abstract]
Basic (in dollars per share)	$ 2.82	$ 2.59	$ 1.94
Diluted (in dollars per share)	$ 2.81	$ 2.59	$ 1.94

Summary of Significant Accou_10

Summary of Significant Accounting Policies, Research and Development (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Research and Development [Abstract]
Research and development costs	$ 34.3	$ 38.5	$ 40.1

Summary of Significant Accou_11

Summary of Significant Accounting Policies, Advertising (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Advertising [Abstract]
Advertising costs	$ 2.4	$ 2	$ 2.2

Acquisition (Details)

Acquisition (Details) - USD ($) $ in Thousands	Jul. 15, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Acquisition [Abstract]
Acquisition of new businesses		$ (13,875)	$ 0	$ 0
Goodwill		$ 420,034	$ 423,290	$ 407,042
Flavor Solutions, Inc. [Member]
Acquisition [Abstract]
Acquisition of new businesses	$ (14,900)
Held back amount of cash	$ 1,000
Post-closing indemnification claims satisfy period	12 months
Net assets acquired	$ 400
Goodwill	9,500
Flavor Solutions, Inc. [Member] \| Customer Relationships [Member]
Acquisition [Abstract]
Intangibles assets acquired	$ 5,000

Trade Accounts Receivable (Deta

Trade Accounts Receivable (Details) $ in Thousands	12 Months Ended
Trade Accounts Receivable (Details) $ in Thousands	Dec. 31, 2021USD ($)Segment	Dec. 31, 2020USD ($)
Trade Accounts Receivable [Abstract]
Number of portfolio segments \| Segment	1
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 3,891	$ 6,913
Provision for expected credit losses	1,631	565
Accounts written off	(434)	(1,590)
Divestitures		(2,174)
Translation and other activity	(211)	(676)
Ending balance	$ 4,877	3,891
ASU 2016-13 [Member]
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Adoption of ASU 2016-13		$ 853

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Intangible assets [Abstract]
Cost	$ 27,560	$ 21,896
Accumulated Amortization	(12,585)	(10,966)
Intangible assets	14,975	10,930
Intangible assets expense [Abstract]
Amortization expense of intangible assets	1,800	1,500	$ 2,900
Estimated Amortization Expense [Abstract]
2022	2,100
2023	1,900
2024	1,600
2025	1,500
2026	1,500
Held-for-sale [Member]
Intangible assets [Abstract]
Cost	2,100
Accumulated Amortization	400
Intangible assets	$ 1,700
Weighted Average [Member]
Intangible assets [Abstract]
Weighted Average Amortization Years	16 years
Technological Know-how [Member]
Intangible assets [Abstract]
Cost	$ 8,870	7,570
Accumulated Amortization	$ (2,314)	(1,787)
Technological Know-how [Member] \| Weighted Average [Member]
Intangible assets [Abstract]
Weighted Average Amortization Years	15 years 10 months 24 days
Customer Relationships [Member]
Intangible assets [Abstract]
Cost	$ 7,084	3,401
Accumulated Amortization	$ (2,269)	(1,898)
Customer Relationships [Member] \| Weighted Average [Member]
Intangible assets [Abstract]
Weighted Average Amortization Years	17 years 10 months 24 days
Patents, Trademarks, Non-compete Agreements and Other [Member]
Intangible assets [Abstract]
Cost	$ 11,606	10,925
Accumulated Amortization	$ (8,002)	$ (7,281)
Patents, Trademarks, Non-compete Agreements and Other [Member] \| Weighted Average [Member]
Intangible assets [Abstract]
Weighted Average Amortization Years	15 years 6 months

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Goodwill (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021		Dec. 31, 2020		Dec. 31, 2019
Goodwill and Intangible Assets [Abstract]
Goodwill related to divestitures	[1]					$ 8,400
Goodwill activity [Roll Forward]
Balance as of beginning of period		$ 423,290		$ 407,042
Currency translation impact		(11,900)		14,050
Goodwill related to divestitures		(812)	[2]	2,198	[1]
Acquisitions	[3]	9,456
Balance as of end of period		420,034		423,290		407,042
Flavors & Extracts [Member]
Goodwill activity [Roll Forward]
Balance as of beginning of period		112,370		108,148
Currency translation impact		(17,298)		3,565
Goodwill related to divestitures		(812)	[2]	657	[1]
Acquisitions	[3]	9,456
Balance as of end of period		103,716		112,370		108,148
Color [Member]
Goodwill activity [Roll Forward]
Balance as of beginning of period		305,263		293,636
Currency translation impact		6,001		10,086
Goodwill related to divestitures		0	[2]	1,541	[1]
Acquisitions	[3]	0
Balance as of end of period		311,264		305,263		293,636
Asia Pacific [Member]
Goodwill activity [Roll Forward]
Balance as of beginning of period		5,657		5,258
Currency translation impact		(603)		399
Goodwill related to divestitures		0	[2]	0	[1]
Acquisitions	[3]	0
Balance as of end of period		$ 5,054		$ 5,657		$ 5,258

[1]	In the fourth quarter of 2019, the Company met all of the assets held for sale criteria related to the divestitures of its inks product line and fragrances product line (excluding its essential oils product line). Goodwill of $8.4 million was allocated to those disposal groups and was determined to be fully impaired based on the estimated fair value of each of the disposal groups. In 2020, the fair value of the disposal groups decreased, which resulted in the previously allocated goodwill of $2.2 million to be reallocated to its respective financial reporting units. See Note 14, Divestitures, for additional information.
[2]	In 2021, the fair value of the disposal group increased, which increased the value of goodwill allocated to the disposal group by $0.8 million. See Note 14, Divestitures, for additional information.
[3]	In 2021, the Company acquired Flavor Solutions, Inc. See Note 2, Acquisition, for additional information.

Leases (Details)

Leases (Details) - USD ($) $ in Thousands	12 Months Ended
Leases (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Extended lease term	5 years
Operating lease expense	$ 9,600	$ 10,600	$ 11,200
Cash paid for operating leases	8,200	9,200	9,900
Right-of-use assets in exchange for operating lease obligations	9,800	13,000	$ 7,100
Right-of-use assets	$ 26,500	$ 23,300
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other Assets, Noncurrent	Other Assets, Noncurrent
Operating lease, liability, Current	$ 6,200	$ 6,000
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Other Accrued Liabilities, Current	Other Accrued Liabilities, Current
Operating lease, liability, Noncurrent	$ 20,600	$ 17,500
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other Liabilities, Noncurrent	Other Liabilities, Noncurrent
Weighted average remaining operating lease term	6 years 1 month 6 days
Weighted average discount rate for operating leases	4.10%
Maturities of Operating Lease Liabilities [Abstract]
2022	$ 7,113
2023	5,866
2024	4,629
2025	3,169
2026	2,193
Thereafter	7,709
Total lease payments	30,679
Less imputed interest	(3,803)
Present value of lease liabilities	$ 26,876
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Other Liabilities, Noncurrent

Debt (Details)

Debt (Details) $ in Thousands		12 Months Ended
Debt (Details) $ in Thousands		Dec. 31, 2021USD ($)Interest / DebtDebt / EBITDA	Oct. 31, 2021USD ($)	Sep. 30, 2021USD ($)	May 31, 2021USD ($)	Dec. 31, 2020USD ($)
Schedule of long term debt [Abstract]
Long term debt		$ 503,629				$ 527,036
Less debt fees		(136)				(143)
Less current portion		(487)				(8,889)
Total long-term debt		503,006				518,004
Accounts receivable securitization program commitment amount			$ 30,000	$ 65,000
Maximum borrowing capacity		30,000
Aggregate amounts of contractual maturities of long-term debt [Abstract]
2022		106,504
2023		152,834
2024		83,981
2025		58,830
2026		56,000
Thereafter		45,480
Total long-term debt maturities		503,629				527,036
Debt covenants [Abstract]
Stand-by letters of credit outstanding		2,800				2,700
Short-term borrowings [Abstract]
Short-term borrowings		8,539				9,247
Current maturities of long-term debt		$ 487				$ 8,889
Weighted-average interest rates on short-term borrowings		1.55%				1.36%
Minimum [Member]
Debt covenants [Abstract]
Interest coverage, actual \| Interest / Debt		21.60
Interest coverage, required \| Interest / Debt		3
Maximum [Member]
Debt covenants [Abstract]
Debt to EBITDA, actual \| Debt / EBITDA	[1]	2.04
Debt to EBITDA, required \| Debt / EBITDA	[1]	3.50
LIBOR [Member]
Schedule of long term debt [Abstract]
Interest rate		0.75%
Revolving Credit Facility [Member]
Schedule of long term debt [Abstract]
Long term debt		$ 86,000				$ 83,324
Average interest rate		1.33%				1.35%
Maximum borrowing capacity					$ 350,000
Long term debt additional disclosures [Abstract]
Remaining borrowing capacity		$ 291,200
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 86,000				$ 83,324
Revolving Credit Facility [Member] \| Minimum [Member]
Schedule of long term debt [Abstract]
Maturity date		May 30, 2022
Revolving Credit Facility [Member] \| Maximum [Member]
Schedule of long term debt [Abstract]
Maturity date		May 31, 2026
Other Line of Credit Facility [Member]
Long term debt additional disclosures [Abstract]
Remaining borrowing capacity		$ 22,600
U.S. Credit Facilities [Member]
Short-term borrowings [Abstract]
Short-term borrowings		7,284				138
Loans of Foreign Subsidiaries [Member]
Short-term borrowings [Abstract]
Short-term borrowings		768				220
3.66% Senior Notes due November 2023 [Member]
Schedule of long term debt [Abstract]
Long term debt		$ 75,000				75,000
Interest rate, stated percentage		3.66%
Maturity date		Nov. 30, 2023
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 75,000				75,000
3.65% Senior Notes due May 2024 [Member]
Schedule of long term debt [Abstract]
Long term debt		$ 27,000				27,000
Interest rate, stated percentage		3.65%
Maturity date		May 31, 2024
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 27,000				27,000
4.19% Senior Notes due November 2025 [Member]
Schedule of long term debt [Abstract]
Long term debt		$ 25,000				25,000
Interest rate, stated percentage		4.19%
Maturity date		Nov. 30, 2025
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 25,000				25,000
1.85% Euro-denominated Senior Notes due November 2022 [Member]
Schedule of long term debt [Abstract]
Long term debt		$ 76,017				81,672
Interest rate, stated percentage		1.85%
Maturity date		Nov. 30, 2022
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 76,017				81,672
3.06% Euro-denominated Senior Notes due November 2023 [Member]
Schedule of long term debt [Abstract]
Long term debt		$ 43,487				46,722
Interest rate, stated percentage		3.06%
Maturity date		Nov. 30, 2023
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 43,487				46,722
1.27% Euro-denominated Senior Notes due May 2024 [Member]
Schedule of long term debt [Abstract]
Long term debt		$ 56,850				61,080
Interest rate, stated percentage		1.27%
Maturity date		May 31, 2024
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 56,850				61,080
1.71% Euro-denominated Senior Notes due May 2027 [Member]
Schedule of long term debt [Abstract]
Long term debt		$ 45,480				48,864
Interest rate, stated percentage		1.71%
Maturity date		May 31, 2027
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 45,480				48,864
2.53% British Pound-denominated Notes due November 2023 [Member]
Schedule of long term debt [Abstract]
Long term debt		$ 33,829				34,176
Interest rate, stated percentage		2.53%
Maturity date		Nov. 30, 2023
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 33,829				34,176
2.76% British Pound-denominated Notes due November 2025 [Member]
Schedule of long term debt [Abstract]
Long term debt		$ 33,829				34,176
Interest rate, stated percentage		2.76%
Maturity date		Nov. 30, 2025
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 33,829				34,176
Term Loan [Member]
Schedule of long term debt [Abstract]
Long term debt		0				8,375
Credit facility, borrowings outstanding		8,400
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		0				8,375
Various Other Notes [Member]
Schedule of long term debt [Abstract]
Long term debt		1,137				1,647
Aggregate amounts of contractual maturities of long-term debt [Abstract]
Total long-term debt maturities		$ 1,137				$ 1,647

[1]	Debt to EBITDA is defined in the Company’s debt covenants as total funded debt divided by the Company’s consolidated operating income excluding non-operating gains and losses and depreciation and amortization.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Derivative instruments and hedging activity for the period [Abstract]
Impact of foreign exchange rates on debt instruments recorded in other comprehensive income	$ 17,937	$ (24,044)	$ 3,091
Maximum [Member]
Derivative instruments and hedging activity for the period [Abstract]
Number of months for contracts to mature	18 months
Forward Exchange Contracts [Member] \| Maximum [Member]
Derivative instruments and hedging activity for the period [Abstract]
Number of months for contracts to mature	18 months
Forward Exchange Contracts [Member] \| Cash Flow Hedging [Member]
Derivative instruments and hedging activity for the period [Abstract]
Derivative, fair value	$ 48,600	54,100
Amount of gains (losses) reclassified into net earnings	1,300	(1,300)
Foreign Currency Denominated Debt, Net Investment Hedging [Member]
Derivative instruments and hedging activity for the period [Abstract]
Amount of gains (losses) reclassified into net earnings	(4,200)	(10,800)
Carrying value of foreign denominated debt	289,500	325,000
Impact of foreign exchange rates on debt instruments recorded in other comprehensive income	$ 17,900	$ (24,000)

Share-Based Compensation (Detai

Share-Based Compensation (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Additional Disclosures [Abstract]
Total pre-tax share-based compensation expense (income) recognized in the Consolidated Statements of Earnings	$ 9,600	$ 5,600	$ (700)
Tax related benefits (expense)	$ 1,000	$ 800	(200)
Adjustments to share-based compensation			$ 3,600
Non-vested Stock [Member]
Stock Unit Activity [Roll Forward]
Outstanding, beginning of period (in shares)	451	404	380
Granted (in shares)	129	142	134
Vested (in shares)	(25)	(27)	(46)
Cancelled (in shares)	(73)	(68)	(64)
Outstanding, end of period (in shares)	482	451	404
Grant Date Weighted Average Fair Value [Abstract]
Outstanding, beginning of period (in dollars per share)	$ 63.28	$ 64.89	$ 66.02
Granted (in dollars per share)	90.10	65.61	60.04
Vested (in dollars per share)	61.91	74.21	63.61
Cancelled (in dollars per share)	72.37	73.39	62.39
Outstanding, end of period (in dollars per share)	$ 69.15	$ 63.28	$ 64.89
Aggregate Intrinsic Value [Abstract]
Outstanding, aggregate intrinsic value	$ 48,271	$ 33,283	$ 26,710	$ 21,239
Additional Disclosures [Abstract]
Total intrinsic values of shares vested	1,900	$ 1,400	$ 3,000
Non-vested Stock and Performance Stock Units [Member]
Additional Disclosures [Abstract]
Compensation cost net yet recognized	$ 21,700
Compensation cost not yet recognized, period for recognition	2 years 2 months 4 days
2017 Stock Plan [Member] \| Non-vested Stock [Member]
Share-based Compensation Arrangement [Abstract]
Number of shares authorized for issuance (in shares)	1,800
Number of shares available for issuance (in shares)	1,100
Award vesting period	3 years
Percentage of grants to elected officers that will be performance stock unit awards	60.00%	60.00%	100.00%
Percentage of grants, non-vested restricted stock awards	40.00%	40.00%
Number of years to measure performance metrics	3 years
2017 Stock Plan [Member] \| Non-vested Stock [Member] \| Maximum [Member]
Share-based Compensation Arrangement [Abstract]
Percentage of stated performance metrics award of grant	200.00%	200.00%	200.00%	150.00%
Amended and Restated Directors Deferred Compensation Plan [Member] \| Maximum [Member]
Share-based Compensation Arrangement [Abstract]
Number of shares available for issuance (in shares)	200

Retirement Plans, Defined Contr

Retirement Plans, Defined Contribution Plans (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Defined Contribution Plan [Member]
Defined Contribution Pension and Other Postretirement Benefit Expense [Abstract]
Percentage of matching contributions under defined contribution plan	4.00%
Total expense for defined contribution plans	$ 6,700	$ 6,100	$ 6,000
Pension Plan [Member]
Benefit obligation [Roll Forward]
Benefit obligation at beginning of year	45,631	39,421
Service cost	1,740	1,601	1,432
Interest cost	851	1,022	1,273
Foreign currency exchange rate changes	(291)	690
Benefits and settlements paid	(3,298)	(1,948)
Amendments	0	42
Actuarial (gain) loss	(2,853)	4,803
Benefit obligation at end of year	41,780	45,631	39,421
Change in fair value of plan assets [Roll Forward]
Plan assets at beginning of year	35,676	31,776
Company contributions	947	1,117
Foreign currency exchange rate changes	(297)	882
Benefits paid	(1,718)	(1,948)
Settlement payments	(1,580)	0
Actual (loss) gain on plan assets	(46)	3,849
Plan assets at end of year	32,982	35,676	31,776
Funded status	(8,798)	(9,955)
Accumulated benefit obligation	40,873	44,559
Amounts recognized in Consolidated Balance Sheets [Abstract]
Accrued employee and retiree benefits	(18,375)	(19,349)
Other accrued expenses	(693)	(722)
Other assets	10,270	10,116
Net liability	(8,798)	(9,955)
Components of annual benefit cost [Abstract]
Service cost	1,740	1,601	1,432
Interest cost	851	1,022	1,273
Expected return on plan assets	(728)	(813)	(896)
Recognized actuarial loss (gain)	267	41	(176)
Settlement income	(151)	0	0
Defined benefit expense	$ 1,979	$ 1,851	$ 1,633
Weighted average liability assumptions [Abstract]
Discount rate	2.35%	1.87%
Expected return on plan assets	2.54%	2.17%
Rate of compensation increase	0.27%	0.34%
Weighted average cost assumption [Abstract]
Discount rate	1.87%	2.69%	3.80%
Expected return on plan assets	2.17%	2.68%	3.21%
Rate of compensation increase	0.34%	0.34%	0.31%
Estimated Future Benefit Payments [Abstract]
2022	$ 1,700
2023	3,800
2024	3,900
2025	1,700
2026	4,800
2027 through 2031	10,600
Estimated future employer contributions for next fiscal year	700
Amounts recognized in Accumulated Other Comprehensive Loss [Abstract]
Unrecognized net actuarial loss	221	$ 2,402
Prior service cost	179	187
Total before tax effects	400	2,589
Other Comprehensive Income (Loss), Pension Adjustment, Net of Tax [Abstract]
Net actuarial gain (loss) arising during the period	1,528	(1,293)	$ (1,091)
Prior service cost	0	(32)	0
Amortization of actuarial loss (gain), included in defined benefit expense	84	32	(130)
Pension adjustment, net of tax	$ 1,612	$ (1,293)	$ (1,221)

Retirement Plans, Pension Plan

Retirement Plans, Pension Plan Assets (Details) - Pension Plan [Member] - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	$ 32,982	$ 35,676	$ 31,776
Level 1 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	8,037	7,831
Level 2 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	24,945	27,845
Level 3 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
Domestic [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	7,033	6,565
Domestic [Member] \| Level 1 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	7,033	6,565
Domestic [Member] \| Level 2 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
Domestic [Member] \| Level 3 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
International [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	79	97
International [Member] \| Level 1 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
International [Member] \| Level 2 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	79	97
International [Member] \| Level 3 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
International Fixed Income Funds [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	25,732	28,911
International Fixed Income Funds [Member] \| Level 1 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	889	1,190
International Fixed Income Funds [Member] \| Level 2 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	24,843	27,721
International Fixed Income Funds [Member] \| Level 3 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	0	0
Other Investments [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	138	103
Other Investments [Member] \| Level 1 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	115	76
Other Investments [Member] \| Level 2 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	23	27
Other Investments [Member] \| Level 3 [Member]
Pension Plan Assets by Asset Category [Abstract]
Total assets at fair value	$ 0	$ 0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		$ 934,336
Other comprehensive income (loss) before reclassifications		(24,506)	$ 11,188	$ 2,912
Amounts reclassified from OCI		8,969	(7,271)	(365)
Ending balance		938,425	934,336
Accumulated Other Comprehensive (Loss) Income [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(159,091)	(163,008)	(165,555)
Ending balance		(174,628)	(159,091)	(163,008)
Cash Flow Hedges [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	[1]	749	(199)	147
Other comprehensive income (loss) before reclassifications	[1]	775	(374)	(111)
Amounts reclassified from OCI	[1]	(1,318)	1,322	(235)
Ending balance	[1]	206	749	(199)
Pension Items [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	[1]	(1,965)	(672)	549
Other comprehensive income (loss) before reclassifications	[1]	1,528	(1,325)	(1,091)
Amounts reclassified from OCI	[1]	84	32	(130)
Ending balance	[1]	(353)	(1,965)	(672)
Foreign Currency Items [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(157,875)	(162,137)	(166,251)
Other comprehensive income (loss) before reclassifications		(26,809)	12,887	4,114
Amounts reclassified from OCI		10,203	(8,625)	0
Ending balance		$ (174,481)	$ (157,875)	$ (162,137)

[1]	Cash Flow Hedges and Pension Items are net of tax.

Income Taxes, Earnings Before I

Income Taxes, Earnings Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Earnings before income taxes [Abstract]
United States	$ 71,764	$ 72,593	$ 38,356
Foreign	85,720	65,252	62,647
Earnings before income taxes	$ 157,484	$ 137,845	$ 101,003

Income Taxes, Provision for Inc

Income Taxes, Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current income tax expense [Abstract]
Federal	$ 16,807	$ 9,660	$ 12,994
State	5,128	3,000	2,622
Foreign	22,875	24,418	22,680
Current income tax expense, total	44,810	37,078	38,296
Deferred expense (benefit) [Abstract]
Federal	(4,159)	(6,918)	(17,246)
State	(1,189)	(565)	18
Foreign	(723)	(1,222)	(2,112)
Deferred income tax expense (benefit), total	(6,071)	(8,705)	(19,340)
Income taxes	$ 38,739	$ 28,373	$ 18,956

Income Taxes, Tax Reconciliatio

Income Taxes, Tax Reconciliation and Tax Cuts and Jobs Act (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2019	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Effective tax rate reconciliation [Abstract]
Taxes at statutory rate		21.00%	21.00%	21.00%
State income taxes, net of federal income tax benefit		2.90%	2.20%	2.20%
Tax credits		(1.40%)	(1.50%)	(2.60%)
Taxes on foreign earnings		4.70%	2.80%	5.10%
Global Intangible Low-Taxed Income		0.70%	0.10%	0.90%
Foreign Derived Intangible Income		(0.90%)	(1.10%)	(1.00%)
Loss on balance sheet hedge		0.70%	2.00%	0.00%
Resolution of prior years' tax matters		(0.40%)	(0.10%)	(0.40%)
Valuation allowance adjustments		(1.90%)	(3.70%)	(8.80%)
Other, net		(0.80%)	(1.10%)	2.40%
Effective tax rate		24.60%	20.60%	18.80%
Valuation Allowance [Abstract]
Valuation allowance		$ (36,859)	$ (47,813)
Increase in valuation allowance amount	$ 16,200
Increase in valuation allowance for deferred tax assets, related to operating losses				$ 6,800

Income Taxes, Deferred Tax Asse

Income Taxes, Deferred Tax Assets and Liabilities, Operating Loss Carryovers (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets [Abstract]
Benefit plans	$ 10,360	$ 7,665
Liabilities and reserves	16,978	19,291
Operating loss and credit carryovers	68,646	77,756
Other	10,031	13,228
Gross deferred tax assets	106,015	117,940
Valuation allowance	(36,859)	(47,813)
Deferred tax assets	69,156	70,127
Deferred tax liabilities [Abstract]
Property, plant, and equipment	(32,560)	(31,709)
Goodwill	(21,044)	(22,012)
Deferred tax liabilities	(53,604)	(53,721)
Net deferred tax assets	15,552	$ 16,406
Operating Loss Carryforwards [Abstract]
Operating loss carryovers, tax credit	36,800
Undistributed earnings	625,900
Withholding of tax liability	32,900
Foreign [Member]
Operating Loss Carryforwards [Abstract]
Operating loss carryovers	87,200
Operating loss carryovers, subject to expiration	10,100
Operating loss carryovers, not subject to expiration	77,100
State [Member]
Operating Loss Carryforwards [Abstract]
Operating loss carryovers	126,400
Operating loss carryovers, subject to expiration	$ 126,400

Income Taxes, Unrecognized Tax

Income Taxes, Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Reconciliation of change in liability for unrecognized tax benefits [Roll Forward]
Balance at beginning of year	$ 7,445	$ 6,032
Increases for tax positions taken in the current year	715	805
Increases for tax positions taken in prior years	0	1,267
Decreases related to settlements with tax authorities	(3,643)	(386)
Decreases as a result of lapse of the applicable statutes of limitations	(367)	(625)
Foreign currency exchange rate changes	(389)	352
Balance at the end of year	3,761	7,445
Income tax uncertainties [Abstract]
Unrecognized tax benefits that would impact the effective tax rate, if recognized	4,000
Income tax interest and penalties accrued	400	$ 700
Expected decrease in liability for unrecognized tax benefits in the next fiscal year	700
Unrecognized tax benefits that would impact the effective tax rate in the next fiscal year	$ 400

Segment and Geographic Inform_3

Segment and Geographic Information, Reportable Segments (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)Segment	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)
Segment and Geographic Information [Abstract]
Number of reportable segment \| Segment	3
Revenue [Abstract]
Revenue	$ 1,380,264	$ 1,332,001	$ 1,322,934
Operating income (loss)	170,028	152,656	121,110
Interest expense	12,544	14,811	20,107
Earnings before income taxes	157,484	137,845	101,003
Assets	1,745,493	1,740,860	1,740,151
Capital expenditures	60,788	52,162	39,100
Depreciation and amortization	52,051	49,641	55,015
Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	717,688	724,483	682,705
Operating income (loss)	98,660	90,974	74,961
Interest expense	0	0	0
Earnings before income taxes	98,660	90,974	74,961
Assets	639,992	686,348	714,779
Capital expenditures	35,846	24,541	16,968
Depreciation and amortization	26,020	24,801	27,179
Color [Member]
Revenue [Abstract]
Revenue	527,626	486,536	522,051
Operating income (loss)	103,575	96,034	101,190
Interest expense	0	0	0
Earnings before income taxes	103,575	96,034	101,190
Assets	738,139	718,665	734,343
Capital expenditures	16,806	19,840	16,521
Depreciation and amortization	20,572	19,368	22,088
Asia Pacific [Member]
Revenue [Abstract]
Revenue	134,950	120,982	118,178
Operating income (loss)	26,330	22,075	19,382
Interest expense	0	0	0
Earnings before income taxes	26,330	22,075	19,382
Assets	108,126	100,258	99,183
Capital expenditures	2,813	2,687	2,545
Depreciation and amortization	2,748	2,578	2,581
Reportable Segments [Member]
Revenue [Abstract]
Revenue	1,420,045	1,364,280	1,353,763
Reportable Segments [Member] \| Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	739,427	742,035	700,356
Reportable Segments [Member] \| Color [Member]
Revenue [Abstract]
Revenue	545,270	501,018	535,159
Reportable Segments [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	135,348	121,227	118,248
Intersegment Revenue [Member]
Revenue [Abstract]
Revenue	39,781	32,279	30,829
Intersegment Revenue [Member] \| Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	21,739	17,552	17,651
Intersegment Revenue [Member] \| Color [Member]
Revenue [Abstract]
Revenue	17,644	14,482	13,108
Intersegment Revenue [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	398	245	70
Corporate & Other [Member]
Revenue [Abstract]
Revenue	0	0	0
Operating income (loss)	(58,537)	(56,427)	(74,423)
Interest expense	12,544	14,811	20,107
Earnings before income taxes	(71,081)	(71,238)	(94,530)
Assets	259,236	235,589	191,846
Capital expenditures	5,323	5,094	3,066
Depreciation and amortization	$ 2,711	$ 2,894	$ 3,167

Segment and Geographic Inform_4

Segment and Geographic Information, Segment and Geographic Info (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue [Abstract]
Revenue from external customers	$ 1,380,264	$ 1,332,001	$ 1,322,934
Long-lived assets	1,004,340	999,274	951,938
North America [Member]
Revenue [Abstract]
Revenue from external customers	787,107	733,330	700,098
Long-lived assets	624,766	600,404	552,673
Europe [Member]
Revenue [Abstract]
Revenue from external customers	278,229	289,980	307,631
Long-lived assets	317,875	339,264	344,942
Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	221,566	199,921	205,979
Long-lived assets	37,689	36,708	35,782
Other [Member]
Revenue [Abstract]
Revenue from external customers	93,362	108,770	109,226
Long-lived assets	24,010	22,898	18,541
Flavors & Extracts [Member]
Revenue [Abstract]
Revenue from external customers	717,688	724,483	682,705
Long-lived assets	361,711	358,331	355,974
Color [Member]
Revenue [Abstract]
Revenue from external customers	527,626	486,536	522,051
Long-lived assets	504,553	506,532	484,829
Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	134,950	120,982	118,178
Long-lived assets	32,901	31,834	31,007
Reportable Geographical Components [Member] \| United States [Member]
Revenue [Abstract]
Revenue from external customers	658,000	614,300	575,200
Long-lived assets	550,300	518,200	471,800
Reportable Geographical Components [Member] \| Flavors & Extracts [Member] \| North America [Member]
Revenue [Abstract]
Revenue from external customers	523,960	491,641	448,393
Long-lived assets	268,934	244,921	251,822
Reportable Geographical Components [Member] \| Flavors & Extracts [Member] \| Europe [Member]
Revenue [Abstract]
Revenue from external customers	135,348	160,083	158,902
Long-lived assets	91,934	112,424	102,631
Reportable Geographical Components [Member] \| Flavors & Extracts [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	29,880	30,080	32,203
Long-lived assets	275	204	1,017
Reportable Geographical Components [Member] \| Flavors & Extracts [Member] \| Other [Member]
Revenue [Abstract]
Revenue from external customers	28,500	42,679	43,207
Long-lived assets	568	782	504
Reportable Geographical Components [Member] \| Color [Member] \| North America [Member]
Revenue [Abstract]
Revenue from external customers	263,031	241,608	251,593
Long-lived assets	250,682	252,906	220,723
Reportable Geographical Components [Member] \| Color [Member] \| Europe [Member]
Revenue [Abstract]
Revenue from external customers	142,741	129,704	148,393
Long-lived assets	225,916	226,840	242,311
Reportable Geographical Components [Member] \| Color [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	59,914	52,414	57,268
Long-lived assets	4,513	4,670	3,758
Reportable Geographical Components [Member] \| Color [Member] \| Other [Member]
Revenue [Abstract]
Revenue from external customers	61,940	62,810	64,797
Long-lived assets	23,442	22,116	18,037
Reportable Geographical Components [Member] \| Asia Pacific [Member] \| North America [Member]
Revenue [Abstract]
Revenue from external customers	116	81	112
Long-lived assets	0	0	0
Reportable Geographical Components [Member] \| Asia Pacific [Member] \| Europe [Member]
Revenue [Abstract]
Revenue from external customers	140	193	336
Long-lived assets	0	0	0
Reportable Geographical Components [Member] \| Asia Pacific [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	131,772	117,427	116,508
Long-lived assets	32,901	31,834	31,007
Reportable Geographical Components [Member] \| Asia Pacific [Member] \| Other [Member]
Revenue [Abstract]
Revenue from external customers	2,922	3,281	1,222
Long-lived assets	0	0	0
Intersegment Revenue [Member]
Revenue [Abstract]
Revenue from external customers	39,781	32,279	30,829
Intersegment Revenue [Member] \| Flavors & Extracts [Member]
Revenue [Abstract]
Revenue from external customers	21,739	17,552	17,651
Intersegment Revenue [Member] \| Color [Member]
Revenue [Abstract]
Revenue from external customers	17,644	14,482	13,108
Intersegment Revenue [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	398	245	70
Corporate & Other [Member]
Revenue [Abstract]
Revenue from external customers	0	0	0
Long-lived assets	105,175	102,577	80,128
Corporate & Other [Member] \| North America [Member]
Revenue [Abstract]
Revenue from external customers	0	0	0
Long-lived assets	105,150	102,577	80,128
Corporate & Other [Member] \| Europe [Member]
Revenue [Abstract]
Revenue from external customers	0	0	0
Long-lived assets	25	0	0
Corporate & Other [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue from external customers	0	0	0
Long-lived assets	0	0	0
Corporate & Other [Member] \| Other [Member]
Revenue [Abstract]
Revenue from external customers	0	0	0
Long-lived assets	$ 0	$ 0	$ 0

Segment and Geographic Inform_5

Segment and Geographic Information, Revenue from External Customers by Products Line (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue [Abstract]
Revenue	$ 1,380,264	$ 1,332,001	$ 1,322,934
Flavors, Extracts & Flavor Ingredients [Member]
Revenue [Abstract]
Revenue	455,818	399,331	378,967
Natural Ingredients [Member]
Revenue [Abstract]
Revenue	255,772	243,161	214,027
Fragrances [Member]
Revenue [Abstract]
Revenue	22,739	85,354	86,399
Yogurt Fruit Preparations [Member]
Revenue [Abstract]
Revenue	5,098	14,189	20,963
Food & Pharmaceutical Colors [Member]
Revenue [Abstract]
Revenue	385,069	346,269	340,327
Personal Care [Member]
Revenue [Abstract]
Revenue	158,237	141,331	159,640
Inks [Member]
Revenue [Abstract]
Revenue	1,964	13,418	35,192
Asia Pacific [Member]
Revenue [Abstract]
Revenue	135,348	121,227	118,248
Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	717,688	724,483	682,705
Flavors & Extracts [Member] \| Flavors, Extracts & Flavor Ingredients [Member]
Revenue [Abstract]
Revenue	455,818	399,331	378,967
Flavors & Extracts [Member] \| Natural Ingredients [Member]
Revenue [Abstract]
Revenue	255,772	243,161	214,027
Flavors & Extracts [Member] \| Fragrances [Member]
Revenue [Abstract]
Revenue	22,739	85,354	86,399
Flavors & Extracts [Member] \| Yogurt Fruit Preparations [Member]
Revenue [Abstract]
Revenue	5,098	14,189	20,963
Flavors & Extracts [Member] \| Food & Pharmaceutical Colors [Member]
Revenue [Abstract]
Revenue	0	0	0
Flavors & Extracts [Member] \| Personal Care [Member]
Revenue [Abstract]
Revenue	0	0	0
Flavors & Extracts [Member] \| Inks [Member]
Revenue [Abstract]
Revenue	0	0	0
Flavors & Extracts [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	0	0	0
Color [Member]
Revenue [Abstract]
Revenue	527,626	486,536	522,051
Color [Member] \| Flavors, Extracts & Flavor Ingredients [Member]
Revenue [Abstract]
Revenue	0	0	0
Color [Member] \| Natural Ingredients [Member]
Revenue [Abstract]
Revenue	0	0	0
Color [Member] \| Fragrances [Member]
Revenue [Abstract]
Revenue	0	0	0
Color [Member] \| Yogurt Fruit Preparations [Member]
Revenue [Abstract]
Revenue	0	0	0
Color [Member] \| Food & Pharmaceutical Colors [Member]
Revenue [Abstract]
Revenue	385,069	346,269	340,327
Color [Member] \| Personal Care [Member]
Revenue [Abstract]
Revenue	158,237	141,331	159,640
Color [Member] \| Inks [Member]
Revenue [Abstract]
Revenue	1,964	13,418	35,192
Color [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	0	0	0
Asia Pacific [Member]
Revenue [Abstract]
Revenue	134,950	120,982	118,178
Asia Pacific [Member] \| Flavors, Extracts & Flavor Ingredients [Member]
Revenue [Abstract]
Revenue	0	0	0
Asia Pacific [Member] \| Natural Ingredients [Member]
Revenue [Abstract]
Revenue	0	0	0
Asia Pacific [Member] \| Fragrances [Member]
Revenue [Abstract]
Revenue	0	0	0
Asia Pacific [Member] \| Yogurt Fruit Preparations [Member]
Revenue [Abstract]
Revenue	0	0	0
Asia Pacific [Member] \| Food & Pharmaceutical Colors [Member]
Revenue [Abstract]
Revenue	0	0	0
Asia Pacific [Member] \| Personal Care [Member]
Revenue [Abstract]
Revenue	0	0	0
Asia Pacific [Member] \| Inks [Member]
Revenue [Abstract]
Revenue	0	0	0
Asia Pacific [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	135,348	121,227	118,248
Intersegment Revenue [Member]
Revenue [Abstract]
Revenue	39,781	32,279	30,829
Intersegment Revenue [Member] \| Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	21,739	17,552	17,651
Intersegment Revenue [Member] \| Color [Member]
Revenue [Abstract]
Revenue	17,644	14,482	13,108
Intersegment Revenue [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	$ 398	$ 245	$ 70

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Level 2 [Member] - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Investments, Fair Value Disclosure [Abstract]
Forward exchange contract, liability	$ 0.1	$ 0.5
Carrying Value [Member]
Investments, Fair Value Disclosure [Abstract]
Long term debt	503.5	526.9
Fair Value [Member]
Investments, Fair Value Disclosure [Abstract]
Long term debt	$ 520	$ 556.1

Divestitures (Details)

Divestitures (Details) $ in Thousands		Apr. 01, 2021USD ($)	Dec. 31, 2021USD ($)ProductLine		Dec. 31, 2020USD ($)		Dec. 31, 2019USD ($)
Divestiture Transactions [Abstract]
Number of product lines divested or to be divested \| ProductLine			3
Proceeds from divestiture of businesses			$ 37,790		$ 12,595		$ 0
Assets held for sale [Abstract]
Assets held for sale			0		52,760
Liabilities held for sale [Abstract]
Liabilities held for sale			0		17,339
Divestiture & other related costs [Abstract]
Non-cash impairment charges			100		1,800		9,800
Divestiture and other related costs			14,138		12,155		45,880
Yogurt Fruit Preparations [Member]
Divestiture Transactions [Abstract]
Proceeds from divestiture of businesses			1,000		1,000
Divestiture & other related costs [Abstract]
Divestiture and other related costs			(83)		4,613		10,567
Inks and Fragrances [Member]
Assets held for sale [Abstract]
Trade accounts receivable, less allowance for losses of $456					20,722
Inventories					25,045
Prepaid expenses and other current assets					1,843
Property, Plant, and Equipment, net					3,434
Intangible assets					1,716
Assets held for sale					52,760
Liabilities held for sale [Abstract]
Trade accounts payable					13,967
Accrued salaries, wages and withholdings from employees					1,739
Other accrued expenses					1,633
Liabilities held for sale					17,339
Trade accounts receivable, allowance for losses					456
Fragrances [Member]
Divestiture Transactions [Abstract]
Proceeds from divestiture of businesses		$ 36,300
Non-cash loss on disposal of business			11,300
Divestiture & other related costs [Abstract]
Divestiture and other related costs			13,911		5,161		18,509
Inks [Member]
Divestiture Transactions [Abstract]
Proceeds from divestiture of businesses			500		11,600
Divestiture & other related costs [Abstract]
Divestiture and other related costs			(288)		992		15,875
Corporate & Other [Member]
Divestiture & other related costs [Abstract]
Divestiture and other related costs			598		1,389		929
Selling, General and Administrative Expenses [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			62		12,719		34,608
Reclassification of foreign currency translation and related items			10,203		(8,625)
Other costs			3,787	[1]	6,266	[2]	705	[3]
Expenses recorded related to environmental obligations			300		800
Selling, General and Administrative Expenses [Member] \| Yogurt Fruit Preparations [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			(1,000)		2,597		0
Reclassification of foreign currency translation and related items			0		0
Other costs			917	[1]	337	[2]	0	[3]
Selling, General and Administrative Expenses [Member] \| Fragrances [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			1,062		2,055		18,204
Reclassification of foreign currency translation and related items			10,201		0
Other costs			2,553	[1]	3,029	[2]	305	[3]
Selling, General and Administrative Expenses [Member] \| Inks [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			0		8,928		15,849
Reclassification of foreign currency translation and related items			2		(8,625)
Other costs			(281)	[1]	892	[2]	26	[3]
Selling, General and Administrative Expenses [Member] \| Corporate & Other [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			0		(861)		555
Reclassification of foreign currency translation and related items			0		0
Other costs			598	[1]	2,008	[2]	374	[3]
Cost of Products Sold [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			86		1,795		9,767
Other costs	[4]						800
Cost of Products Sold [Member] \| Yogurt Fruit Preparations [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			0		1,679		9,767
Other costs	[4]						800
Cost of Products Sold [Member] \| Fragrances [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			95		77		0
Other costs	[4]						0
Cost of Products Sold [Member] \| Inks [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			(9)		(203)		0
Other costs	[4]						0
Cost of Products Sold [Member] \| Corporate & Other [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges			$ 0		$ 242		0
Other costs	[4]						$ 0

[1]	Other costs – Selling and administrative expenses include employee separation costs, bad debt expense, professional services, accelerated depreciation, environmental remediation costs, and other related costs.
[2]	Other costs – Selling and administrative expenses include employee separation costs, environmental remediation costs, professional services, accelerated depreciation, and other related costs.
[3]	Other costs – Selling and administrative expenses include employee separation costs, professional services, and other related costs.
[4]	Other costs – Cost of product sold include inventory disposal costs and other related costs.

Operational Improvement Plan (D

Operational Improvement Plan (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020
Restructuring Costs [Abstract]
Operational Improvement Plan costs			$ 3,339
Accrued liabilities		$ 800	2,200
Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs		(1,895)	3,304
Cost of Products Sold [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			35
Employee Separation Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			2,690
Employee Separation Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs		(482)	2,690
Employee Separation Costs [Member] \| Cost of Products Sold [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			0
Other Income [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[1]	(3,624)
Other Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]		649
Other Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]	2,211	614
Other Costs [Member] \| Cost of Products Sold [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]		35
Flavors & Extracts [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			352
Flavors & Extracts [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs		(123)
Flavors & Extracts [Member] \| Employee Separation Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			352
Flavors & Extracts [Member] \| Employee Separation Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs		(123)
Flavors & Extracts [Member] \| Other Income [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[1]	0
Flavors & Extracts [Member] \| Other Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]		0
Flavors & Extracts [Member] \| Other Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]	0
Color [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			2,389
Color [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs		(1,425)
Color [Member] \| Employee Separation Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			1,749
Color [Member] \| Employee Separation Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs		(8)
Color [Member] \| Other Income [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[1]	(3,624)
Color [Member] \| Other Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]		640
Color [Member] \| Other Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]	2,207
Asia Pacific [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			598
Asia Pacific [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs		(347)
Asia Pacific [Member] \| Employee Separation Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			589
Asia Pacific [Member] \| Employee Separation Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs		(351)
Asia Pacific [Member] \| Other Income [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[1]	0
Asia Pacific [Member] \| Other Costs [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]		$ 9
Asia Pacific [Member] \| Other Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]	$ 4

[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.

Subsequent Event (Details)

Subsequent Event (Details) - Subsequent Event [Member]	Jan. 21, 2022$ / shares
Subsequent Events [Abstract]
Dividend declared date	Jan. 21, 2022
Dividend payable (in dollars per share)	$ 0.41
Dividend payable date	Mar. 1, 2022

Schedule II Valuation and Qua_2

Schedule II Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Inks and Fragrances [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Allowance for credit loss		$ 456		$ 2,350
Allowance for Trade Receivables [Member]
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period		3,435	$ 4,563	5,976
Additions Charged to Costs and Expenses		1,631	565	2,469
Additions Recorded During Acquisitions		0	0	0
Deductions	[1]	189	1,693	3,882
Balance at End of Period		$ 4,877	$ 3,435	$ 4,563

[1]	Accounts written off, net of recoveries. In 2019, $2,350 thousand was moved from Trade Accounts Receivable to Assets Held for Sale on the Consolidated Balance Sheet related to the fragrances and inks divestitures. In 2021, $456 thousand was moved from Assets Held for Sale to Trade Accounts Receivable on the Consolidated Balance Sheet related to the fragrances divestiture.