Sensient Technologies (SXT) 10-Q1 Nov 222022 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2022	Oct. 26, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
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, par value $0.10 per share
Trading Symbol	SXT
Security Exchange Name	NYSE
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
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		42,037,685

CONSOLIDATED STATEMENTS OF EARN

CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
CONSOLIDATED STATEMENTS OF EARNINGS [Abstract]
Revenue	$ 361,076	$ 344,287	$ 1,088,303	$ 1,039,816
Cost of products sold	239,318	229,216	710,696	697,538
Selling and administrative expenses	74,265	68,113	222,081	212,670
Operating income	47,493	46,958	155,526	129,608
Interest expense	3,672	3,037	9,748	9,792
Earnings (loss) before income taxes	43,821	43,921	145,778	119,816
Income taxes	7,773	10,009	34,012	28,300
Net earnings	$ 36,048	$ 33,912	$ 111,766	$ 91,516
Weighted average number of common shares outstanding:
Basic (in shares)	41,896	42,024	41,885	42,140
Diluted (in shares)	42,242	42,206	42,199	42,287
Earnings per common share:
Basic (in dollars per share)	$ 0.86	$ 0.81	$ 2.67	$ 2.17
Diluted (in dollars per share)	0.85	0.8	2.65	2.16
Dividends declared per common share (in dollars per share)	$ 0.41	$ 0.39	$ 1.23	$ 1.17

CONSOLIDATED CONDENSED STATEMEN

CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]
Comprehensive income	$ 8,997	$ 18,680	$ 56,171	$ 79,454

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current Assets:
Cash and cash equivalents	$ 46,579	$ 25,740
Trade accounts receivable	287,197	261,121
Inventories	501,382	411,635
Prepaid expenses and other current assets	45,582	42,657
Total current assets	880,740	741,153
Other assets	100,277	92,952
Deferred tax assets	12,912	29,901
Intangible assets, net	14,042	14,975
Goodwill	390,798	420,034
Property, Plant, and Equipment:
Land	28,641	31,028
Buildings	304,928	315,207
Machinery and equipment	705,029	715,344
Construction in progress	55,896	32,801
Property, plant, and equipment, gross	1,094,494	1,094,380
Less accumulated depreciation	(654,055)	(647,902)
Property, plant, and equipment, net	440,439	446,478
Total assets	1,839,208	1,745,493
Current Liabilities:
Trade accounts payable	132,904	125,519
Accrued salaries, wages, and withholdings from employees	40,918	40,939
Other accrued expenses	54,283	46,292
Income taxes	5,373	11,016
Short-term borrowings	21,947	8,539
Total current liabilities	255,425	232,305
Deferred tax liabilities	16,489	14,349
Other liabilities	37,736	28,829
Accrued employee and retiree benefits	27,854	28,579
Long-term debt	547,190	503,006
Shareholders' Equity:
Common stock	5,396	5,396
Additional paid-in capital	120,381	111,352
Earnings reinvested in the business	1,690,813	1,630,713
Treasury stock, at cost	(631,853)	(634,408)
Accumulated other comprehensive loss	(230,223)	(174,628)
Total shareholders' equity	954,514	938,425
Total liabilities and shareholders' equity	$ 1,839,208	$ 1,745,493

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net earnings	$ 111,766	$ 91,516
Adjustments to arrive at net cash provided by operating activities:
Depreciation and amortization	39,262	38,828
Share-based compensation expense	12,476	6,431
Net loss on assets	283	203
Loss on divestitures and other charges	0	13,774
Deferred income taxes	20,465	3,793
Changes in operating assets and liabilities:
Trade accounts receivable	(39,520)	(35,290)
Inventories	(112,021)	(15,898)
Prepaid expenses and other assets	(39,598)	(15,016)
Accounts payable and other accrued expenses	24,110	24,007
Accrued salaries, wages, and withholdings from employees	1,819	1,763
Income taxes	(4,342)	(1,155)
Other liabilities	198	3,192
Net cash provided by operating activities	14,898	116,148
Cash Flows from Investing Activities:
Acquisition of property, plant, and equipment	(51,703)	(37,608)
Proceeds from sale of assets	94	201
Proceeds from divestiture of businesses	0	36,790
Acquisition of new business	(1,048)	(13,875)
Other investing activities	947	1,348
Net cash used in investing activities	(51,710)	(13,144)
Cash flows from financing activities:
Proceeds from additional borrowings	187,715	55,589
Debt payments	(87,657)	(67,534)
Purchase of treasury stock	0	(31,467)
Dividends paid	(51,681)	(49,468)
Other financing activities	(2,056)	(582)
Net cash provided by (used in) financing activities	46,321	(93,462)
Effect of exchange rate changes on cash and cash equivalents	11,330	(1,373)
Net increase in cash and cash equivalents	20,839	8,169
Cash and cash equivalents at beginning of period	25,740	24,770
Cash and cash equivalents at end of period	$ 46,579	$ 32,939

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 Income (Loss) [Member]	Total
Beginning balance at Dec. 31, 2020	$ 5,396	$ 102,909	$ 1,578,662	$ (593,540)	$ (159,091)	$ 934,336
Beginning balance (in shares) at Dec. 31, 2020				11,647,627
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	0	0	91,516	$ 0	0	91,516
Other comprehensive loss	0	0	0	0	(12,062)	(12,062)
Cash dividends paid	0	0	(49,468)	0	0	(49,468)
Share-based compensation	0	6,431	0	0	0	6,431
Non-vested stock issued upon vesting	0	(1,264)	0	$ 1,264	0	0
Non-vested stock issued upon vesting (in shares)				(24,711)
Benefit plans	0	338	0	$ 756	0	1,094
Benefit plans (in shares)				(14,791)
Purchase of treasury stock	0	0	0	$ (31,874)	0	(31,874)
Purchase of treasury stock (in shares)				382,593
Other	0	(204)	0	$ (377)	0	(581)
Other (in shares)				7,379
Ending balance at Sep. 30, 2021	5,396	108,210	1,620,710	$ (623,771)	(171,153)	939,392
Ending balance (in shares) at Sep. 30, 2021				11,998,097
Beginning balance at Jun. 30, 2021	5,396	105,967	1,603,239	$ (614,404)	(155,921)	944,277
Beginning balance (in shares) at Jun. 30, 2021				11,892,497
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	0	0	33,912	$ 0	0	33,912
Other comprehensive loss	0	0	0	0	(15,232)	(15,232)
Cash dividends paid	0	0	(16,441)	0	0	(16,441)
Share-based compensation	0	2,243	0	0	0	2,243
Purchase of treasury stock	0	0	0	$ (9,367)	0	(9,367)
Purchase of treasury stock (in shares)				105,600
Ending balance at Sep. 30, 2021	5,396	108,210	1,620,710	$ (623,771)	(171,153)	939,392
Ending balance (in shares) at Sep. 30, 2021				11,998,097
Beginning balance at Dec. 31, 2021	5,396	111,352	1,630,713	$ (634,408)	(174,628)	938,425
Beginning balance (in shares) at Dec. 31, 2021				12,107,549
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	0	0	111,766	$ 0	0	111,766
Other comprehensive loss	0	0	0	0	(55,595)	(55,595)
Cash dividends paid	0	0	(51,681)	0	0	(51,681)
Share-based compensation	0	12,476	0	0	0	12,476
Non-vested stock issued upon vesting	0	(3,239)	0	$ 3,239	0	0
Non-vested stock issued upon vesting (in shares)				(61,821)
Benefit plans	0	560	0	$ 618	0	1,178
Benefit plans (in shares)				(11,786)
Other	0	(768)	15	$ (1,302)	0	(2,055)
Other (in shares)				24,831
Ending balance at Sep. 30, 2022	5,396	120,381	1,690,813	$ (631,853)	(230,223)	954,514
Ending balance (in shares) at Sep. 30, 2022				12,058,773
Beginning balance at Jun. 30, 2022	5,396	116,596	1,672,000	$ (631,853)	(203,172)	958,967
Beginning balance (in shares) at Jun. 30, 2022				12,058,773
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	0	0	36,048	$ 0	0	36,048
Other comprehensive loss	0	0	0	0	(27,051)	(27,051)
Cash dividends paid	0	0	(17,235)	0	0	(17,235)
Share-based compensation	0	3,785	0	0	0	3,785
Ending balance at Sep. 30, 2022	$ 5,396	$ 120,381	$ 1,690,813	$ (631,853)	$ (230,223)	$ 954,514
Ending balance (in shares) at Sep. 30, 2022				12,058,773

CONSOLIDATED STATEMENTS OF SH_2

CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY [Abstract]
Cash dividends per share (in dollars per share)	$ 0.41	$ 0.39	$ 1.23	$ 1.17

Accounting Policies

Accounting Policies	9 Months Ended
Accounting Policies	Sep. 30, 2022
Accounting Policies [Abstract]
Accounting Policies	1. Accounting Policies In the opinion of Sensient Technologies Corporation (the Company), the accompanying unaudited consolidated condensed financial statements contain all adjustments (consisting of only normal recurring adjustments) that are necessary to present fairly the financial position of the Company as of September 30, 2022, and the results of operations, comprehensive income, and shareholders’ equity for the three and nine months ended September 30, 2022 and 2021, and cash flows for the nine months ended September 30, 2022 and 2021. The results of operations for any interim period are not necessarily indicative of the results to be expected for the full year . The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Expenses are charged to operations in the period incurred. Recently Issued Accounting Pronouncements In March 2020, the Financial Accounting Standards Board (FASB) issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting Please refer to the notes in the Company’s annual consolidated financial statements for the year ended December 31, 2021, for additional details of the Company’s financial condition and a description of the Company’s accounting policies, which have been continued without change.

Divestitures

Divestitures	9 Months Ended
Divestitures	Sep. 30, 2022
Divestitures [Abstract]
Divestitures	2. Divestitures On June 30, 2020, the Company completed the sale of its inks product line. On September 18, 2020, the Company completed the sale of its yogurt fruit preparations product line. This 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. The Company reports all costs associated with the divestitures in Corporate & Other. There were no costs associated with the divestitures for the three and nine months ended September 30, 2022. The following table summarizes the divestiture & other related costs for the three months ended September 30, 2021: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate & Other Total Other costs - Selling and administrative expenses (1) $ 102 $ 149 $ (157 ) $ 147 $ 241 (1) Other costs – Selling and administrative expenses include employee separation costs, professional services, accelerated depreciation, and other related costs and income. T he following table summarizes the divestiture & other related costs for the nine months ended September 30, 2021 (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate & Other Total Non-cash impairment charges – Selling and administrative expenses $ - $ 1,062 $ - $ - $ 1,062 Non-cash charges – Cost of products sold - 37 (9 ) - 28 Reclassification of foreign currency translation and related items – Selling and administrative expenses - 10,193 - - 10,193 Other costs - Selling and administrative expenses (1) 631 1,365 (362 ) 584 2,218 Total $ 631 $ 12,657 $ (371 ) $ 584 $ 13,501 (1) Other costs – Selling and administrative expenses include environmental remediation, employee separation costs, professional services, accelerated depreciation, and other related costs. 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 recorded $0.3 million related to these obligations in Selling and Administrative Expenses

Operational Improvement Plan

Operational Improvement Plan	9 Months Ended
Operational Improvement Plan	Sep. 30, 2022
Operational Improvement Plan [Abstract]
Operational Improvement Plan	3. 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 centralized 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. The Company reports all costs and income associated with the Operational Improvement Plan in Corporate & Other. There were no costs associated with the Operational Improvement Plan for the three and nine months ended September 30, 2022. The following table summarizes the Operational Improvement Plan expenses recorded in Selling and Administrative Expenses (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Employee separation costs $ 1 $ (120 ) $ (4 ) $ (123 ) Other costs (1) - 605 1 606 Total expense (income) $ 1 $ 485 $ (3 ) $ 483 (1) Other costs include professional services, accelerated depreciation, and other related costs. The following table summarizes the Operational Improvement Plan expenses recorded in Selling and Administrative Expenses Flavors & Extracts Color Asia Pacific Consolidated Employee separation costs $ (15 ) $ (40 ) $ (72 ) $ (127 ) Other income (1) - (3,624 ) - (3,624 ) Other costs (2) - 1,739 2 1,741 Total expense (income) $ (15 ) $ (1,925 ) $ (70 ) $ (2,010 ) (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. As of September 30, 2022 and December 31 2021, accrued liabilities in Other Accrued Expenses .

Acquisition

Acquisition	9 Months Ended
Acquisition	Sep. 30, 2022
Acquisition [Abstract]
Acquisition	4. Acquisition On July 15, 2021, the Company acquired substantially all of the assets of Flavor Solutions, Inc.

Trade Accounts Receivable

Trade Accounts Receivable	9 Months Ended
Trade Accounts Receivable	Sep. 30, 2022
Trade Accounts Receivable [Abstract]
Trade Accounts Receivable	5 . 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 during the three and nine month periods ended September 30, 2022 and 2021: (In thousands) Three Months Ended September 30, 2022 Allowance for Doubtful Accounts Balance at June 30, 2022 $ 4,494 Provision for expected credit losses 51 Accounts written off (33 ) Translation and other activity (105 ) Balance at September 30, 2022 $ 4,407 (In thousands) Three Months Ended September 30, 2021 Allowance for Doubtful Accounts Balance at June 30, 2021 $ 3,749 Provision for expected credit losses 186 Accounts written off (41 ) Translation and other activity (65 ) Balance at September 30, 2021 $ 3,829 (In thousands) Nine Months Ended September 30, 2022 Allowance for Doubtful Accounts Balance at December 31, 2021 $ 4,877 Provision for expected credit losses 883 Accounts written off (1,129 ) Translation and other activity (224 ) Balance at September 30, 2022 $ 4,407 (In thousands) Nine Months Ended September 30, 2021 Allowance for Doubtful Accounts Balance at December 31, 2020 $ 3,891 Provision for expected credit losses 480 Accounts written off (414 ) Translation and other activity (128 ) Balance at September 30, 2021 $ 3,829

Inventories

Inventories	9 Months Ended
Inventories	Sep. 30, 2022
Inventories [Abstract]
Inventories	6. Inventories At September 30, 2022, and December 31, 2021, inventories included finished and in-process products totaling $332.1 million and $280.2 million, respectively, and raw materials and supplies of $169.3 million and $131.4 million, respectively.

Debt

Debt	9 Months Ended
Debt	Sep. 30, 2022
Debt [Abstract]
Debt	7. Debt On August 31, the Company entered into Amendment No. (Amendment) to the Receivables Purchase Agreement, dated as of October

Fair Value

Fair Value	9 Months Ended
Fair Value	Sep. 30, 2022
Fair Value [Abstract]
Fair Value	8. Fair Value Accounting Standards Codification 820, Fair Value Measurement

Segment Information

Segment Information	9 Months Ended
Segment Information	Sep. 30, 2022
Segment Information [Abstract]
Segment Information	9 . Segment Information The Company evaluates performance based on operating income before divestiture & other related costs, share-based compensation, restructuring and other charges including the Operational Improvement Plan costs, interest expense, 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. The Company determines its operating segments based on information utilized by its chief operating decision maker to allocate resources and assess performance. The Company’s three reportable segments are the Flavors & Extracts and Color segments, which are both managed on a product line basis, and the Asia Pacific segment, which is managed on a geographic basis. The Company’s Flavors & Extracts segment produces flavor, extracts, and essential oils products that impart a desired taste, texture, aroma, and other characteristics to a broad range of consumer and other products. The Color segment produces natural and synthetic color systems for use in foods, beverages, pharmaceuticals, and nutraceuticals; colors and other ingredients for cosmetics, such as active ingredients, solubilizers, and surface treated pigments; pharmaceutical and nutraceutical excipients, such as colors, flavors, coatings, and nutraceutical ingredients; and technical colors for industrial applications. The Asia Pacific segment is managed on a geographic basis and produces and distributes color and flavor products for the Asia Pacific countries. The Company’s corporate expenses, divestiture & other related costs, share-based compensation, operational improvement plan expenses, and other costs are included in the “Corporate & Other” category. Divestiture & other related costs and restructuring and other costs, including the Operational Improvement Plan costs, for the three and nine months ended September 30, 2021, are further described in Note 2, Divestitures Operational Improvement Plan Operating results by segment for the periods presented are as follows: (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated Three months ended September 30 2022 Revenue from external customers $ 181,397 $ 144,570 $ 35,109 $ - $ 361,076 Intersegment revenue 5,649 6,899 112 - 12,660 Total revenue $ 187,046 $ 151,469 $ 35,221 $ - $ 373,736 Operating income (loss) $ 26,337 $ 28,200 $ 6,952 $ (13,996 ) $ 47,493 Interest expense - - - 3,672 3,672 Earnings (loss) before income taxes $ 26,337 $ 28,200 $ 6,952 $ (17,668 ) $ 43,821 Three months ended September 30 2021 Revenue from external customers $ 175,690 $ 135,395 $ 33,202 $ - $ 344,287 Intersegment revenue 5,977 3,844 240 - 10,061 Total revenue $ 181,667 $ 139,239 $ 33,442 $ - $ 354,348 Operating income (loss) $ 25,164 $ 27,253 $ 6,601 $ (12,060 ) $ 46,958 Interest expense - - - 3,037 3,037 Earnings (loss) before income taxes $ 25,164 $ 27,253 $ 6,601 $ (15,097 ) $ 43,921 (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated Nine September 30 2022 Revenue from external customers $ 539,014 $ 440,568 $ 108,721 $ - $ 1,088,303 Intersegment revenue 20,096 15,607 293 - 35,996 Total revenue $ 559,110 $ 456,175 $ 109,014 $ - $ 1,124,299 Operating income (loss) $ 83,929 $ 90,035 $ 22,877 $ (41,315 ) $ 155,526 Interest expense - - - 9,748 9,748 Earnings (loss) before income taxes $ 83,929 $ 90,035 $ 22,877 $ (51,063 ) $ 145,778 Nine September 30 2021 Revenue from external customers $ 545,050 $ 395,426 $ 99,340 $ - $ 1,039,816 Intersegment revenue 16,929 12,740 259 - 29,928 Total revenue $ 561,979 $ 408,166 $ 99,599 $ - $ 1,069,744 Operating income (loss) $ 76,718 $ 79,462 $ 19,146 $ (45,718 ) $ 129,608 Interest expense - - - 9,792 9,792 Earnings (loss) before income taxes $ 76,718 $ 79,462 $ 19,146 $ (55,510 ) $ 119,816 Product Lines (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Three months ended September 30 2022 Flavors, Extracts & Flavor Ingredients $ 123,945 $ - $ - $ 123,945 Natural Ingredients 63,101 - - 63,101 Food & Pharmaceutical Colors - 111,194 - 111,194 Personal Care - 39,689 - 39,689 Inks - 586 - 586 Asia Pacific - - 35,221 35,221 Intersegment Revenue (5,649 ) (6,899 ) (112 ) (12,660 ) Total revenue from external customers $ 181,397 $ 144,570 $ 35,109 $ 361,076 Three months ended September 30 2021 Flavors, Extracts & Flavor Ingredients $ 116,140 $ - $ - $ 116,140 Natural Ingredients 64,215 - - 64,215 Yogurt Fruit Preparations 1,312 - - 1,312 Food & Pharmaceutical Colors - 99,688 - 99,688 Personal Care - 39,241 - 39,241 Inks - 310 - 310 Asia Pacific - - 33,442 33,442 Intersegment Revenue (5,977 ) (3,844 ) (240 ) (10,061 ) Total revenue from external customers $ 175,690 $ 135,395 $ 33,202 $ 344,287 (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Nine September 30 2022 Flavors, Extracts & Flavor Ingredients $ 381,041 $ - $ - $ 381,041 Natural Ingredients 178,069 - - 178,069 Food & Pharmaceutical Colors - 328,087 - 328,087 Personal Care - 126,651 - 126,651 Inks - 1,437 - 1,437 Asia Pacific - - 109,014 109,014 Intersegment Revenue (20,096 ) (15,607 ) (293 ) (35,996 ) Total revenue from external customers $ 539,014 $ 440,568 $ 108,721 $ 1,088,303 Nine months ended September 30, 2021: Flavors, Extracts & Flavor Ingredients $ 347,642 $ - $ - $ 347,642 Natural Ingredients 186,721 - - 186,721 Fragrances 22,739 - - 22,739 Yogurt Fruit Preparations 4,877 - - 4,877 Food & Pharmaceutical Colors - 287,565 - 287,565 Personal Care - 119,079 - 119,079 Inks - 1,522 - 1,522 Asia Pacific - - 99,599 99,599 Intersegment Revenue (16,929 ) (12,740 ) (259 ) (29,928 ) Total revenue from external customers $ 545,050 $ 395,426 $ 99,340 $ 1,039,816 Geographic Markets (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Three months ended September 30 2022 North America $ 142,097 $ 74,220 $ 27 $ 216,344 Europe 26,795 34,591 44 61,430 Asia Pacific 7,091 16,770 34,433 58,294 Other 5,414 18,989 605 25,008 Total revenue from external customers $ 181,397 $ 144,570 $ 35,109 $ 361,076 Three months ended September 30 2021 North America $ 131,855 $ 67,830 $ 5 $ 199,690 Europe 30,241 37,004 30 67,275 Asia Pacific 6,410 14,451 32,511 53,372 Other 7,184 16,110 656 23,950 Total revenue from external customers $ 175,690 $ 135,395 $ 33,202 $ 344,287 (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Nine September 30 2022 North America $ 407,684 $ 223,508 $ 87 $ 631,279 Europe 90,565 116,184 175 206,924 Asia Pacific 23,628 49,199 105,222 178,049 Other 17,137 51,677 3,237 72,051 Total revenue from external customers $ 539,014 $ 440,568 $ 108,721 $ 1,088,303 Nine September 30 2021 North America $ 390,163 $ 188,764 $ 67 $ 578,994 Europe 107,463 112,188 106 219,757 Asia Pacific 24,288 47,832 96,863 168,983 Other 23,136 46,642 2,304 72,082 Total revenue from external customers $ 545,050 $ 395,426 $ 99,340 $ 1,039,816

Retirement Plans

Retirement Plans	9 Months Ended
Retirement Plans	Sep. 30, 2022
Retirement Plans [Abstract]
Retirement Plans	10. Retirement Plans The Company’s components of annual benefit cost for the defined benefit plans for the periods presented are as follows: Three Months Ended September 30, Nine Months Ended September 30 (In thousands) 2022 2021 2022 2021 Service cost $ 404 $ 435 $ 1,219 $ 1,308 Interest cost 235 212 719 638 Expected return on plan assets (194 ) (184 ) (598 ) (553 ) Recognized actuarial loss 12 69 36 207 Total defined benefit expense $ 457 $ 532 $ 1,376 $ 1,600 The Company’s non-service cost portion of defined benefit expense is recorded in Interest Expense Selling and Administrative Expenses

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activity	9 Months Ended
Derivative Instruments and Hedging Activity	Sep. 30, 2022
Derivative Instruments and Hedging Activity [Abstract]
Derivative Instruments and Hedging Activity	11. Derivative Instruments and Hedging Activity The Company may use forward exchange contracts and foreign currency denominated debt to manage its exposure to foreign exchange risk in order to reduce the effect of fluctuating foreign currencies on short-term foreign currency denominated intercompany transactions, non-functional currency raw material purchases, non-functional currency sales, and other known foreign currency exposures. These forward exchange contracts generally have maturities of less than 18 months. The Company’s primary hedging activities and their accounting treatment are summarized below. Forward exchange contracts 30, 2022 and 2021 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 September 30, 2022 and December 31, 2021 September 30, 2022 and 2021, For the nine months ended September 30, 2021, losses of $4.2 million were reclassified into net earnings in the Company’s Consolidated Statement of Earnings related to the Euro net investment hedge in connection with the sale of the fragrances product line. See Note 2, Divestitures

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2022
Income Taxes [Abstract]
Income Taxes	12. Income Taxes The effective income tax ra tes for the three months ended September 30, 2022 and 2021, were 17.7% and 22.8%, respectively. For the nine months ended September 30, 2022 and 2021, the effective income tax rates were 23.3% and 23.6%, respectively. The effective tax rates for the three and nine months ended September 30, 2022 and 2021, were both impacted by changes in estimates associated with the finalization of prior year foreign tax items, the mix of foreign earnings, and changes in valuation allowances. The three and nine months ended September 30, 2021, were also impacted by audit settlements and changes in deferred tax assets and liabilities due to newly enacted tax rates.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
Accumulated Other Comprehensive Income	Sep. 30, 2022
Accumulated Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income	13. Accumulated Other Comprehensive Income The following table summarizes the changes in OCI during the three and nine month periods ended September 30, 2022 and 2021: (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balances at December 31, 2021 $ 206 $ (353 ) $ (174,481 ) $ (174,628 ) Other comprehensive income (loss) before reclassifications 516 - (55,514 ) (54,998 ) Amounts reclassified from OCI (621 ) 24 - (597 ) Balances at September 30 2022 $ 101 $ (329 ) $ (229,995 ) $ (230,223 ) (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balances at June 30, 2022 $ (152) $ (337 ) $ (202,683 ) $ (203,172 ) Other comprehensive income (loss) before reclassifications 380 - (27,312 ) (26,932 ) Amounts reclassified from OCI (127 ) 8 - (119 ) Balances at September 30 2022 $ 101 $ (329 ) $ (229,995 ) $ (230,223 ) (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balances at December 31, 2020 $ 749 $ (1,965 ) $ (157,875 ) $ (159,091 ) Other comprehensive income (loss) before reclassifications 729 - (22,073 ) (21,344 ) Amounts reclassified from OCI (1,068 ) 156 10,194 9,282 Balances at September 30 2021 $ 410 $ (1,809 ) $ (169,754 ) $ (171,153 ) (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balances at June 30, 2021 $ 817 $ (1,861 ) $ (154,877 ) $ (155,921 ) Other comprehensive loss before reclassifications (115 ) - (14,877 ) (14,992 ) Amounts reclassified from OCI (292 ) 52 - (240 ) Balances at September 30 2021 $ 410 $ (1,809 ) $ (169,754 ) $ (171,153 ) (1) Cash Flow Hedges and Pension Items are net of tax.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2022
Commitments and Contingencies [Abstract]
Commitments and Contingencies	14. Commitments and Contingencies Kelley v. Sensient Natural Ingredients LLC Walters v. Sensient Natural Ingredients LLC Sofia Rodriguez v. Sensient Natural Ingredients LLC and One Source Staffing Solutions, Inc. 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. Following motion practice, Ms. Kelley amended her original pleading, asserting the same causes of action, and SNI filed a responsive pleading. The parties then entered the discovery process. On April 26, 2021, the same law firm representing Ms. Kelley filed an additional 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 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. 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. Previously, SNI had agreed to attempt a joint mediation of the Kelley, Walters, and Rodriguez matters, which was scheduled for August 2022. Before the mediation occurred, however, on June 15, 2022, the United States Supreme Court issued its decision in Viking River Cruises, Inc. v. Moriana In the Walters case, SNI has demanded that Walters submit his individual PAGA claims to arbitration in accordance with his arbitration agreement. Pending litigation in the California Supreme Court concerning the standing issue addressed in Viking River Cruises SNI intends to vigorously defend its interests in the Kelley, Walters, and Rodriguez matters, absent a reasonable resolution. Based upon the legal developments and defenses described above, and the Viking River Cruises 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 2, Divestitures

Subsequent Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2022
Subsequent Events [Abstract]
Subsequent Events	15. Subsequent Events On October 3, 2022, the Company acquired Endemix Doğal Maddeler A.Ş. and Teknoloji Yatırımları ve Danışmanlık Sanayi ve Ticaret A.Ş. (collectively, Endemix), a natural colors business located in Turkey. The Company paid $23.7 million in cash for this acquisition, which is net of $1.3 million in debt assumed, with $2.0 million of such amount being held back by the Company for 12 months in connection with the post-closing working capital adjustment and to satisfy any indemnification claims that may arise. This business will be part of the Colors segment. On October 20, 2022, the Company announced its quarterly dividend of $0.41 per share would be payable on December 1, 2022.

Accounting Policies (Policies)

Accounting Policies (Policies)	9 Months Ended
Accounting Policies (Policies)	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Accounting	The preparation of financial statements in conformity with U.S. generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. Expenses are charged to operations in the period incurred.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In March 2020, the Financial Accounting Standards Board (FASB) issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting Please refer to the notes in the Company’s annual consolidated financial statements for the year ended December 31, 2021, for additional details of the Company’s financial condition and a description of the Company’s accounting policies, which have been continued without change.

Divestitures (Tables)

Divestitures (Tables)	9 Months Ended
Divestitures (Tables)	Sep. 30, 2022
Divestitures [Abstract]
Divestiture and Other Related Costs	The following table summarizes the divestiture & other related costs for the three months ended September 30, 2021: (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate & Other Total Other costs - Selling and administrative expenses (1) $ 102 $ 149 $ (157 ) $ 147 $ 241 (1) Other costs – Selling and administrative expenses include employee separation costs, professional services, accelerated depreciation, and other related costs and income. T he following table summarizes the divestiture & other related costs for the nine months ended September 30, 2021 (In thousands) Yogurt Fruit Preparations Fragrances Inks Corporate & Other Total Non-cash impairment charges – Selling and administrative expenses $ - $ 1,062 $ - $ - $ 1,062 Non-cash charges – Cost of products sold - 37 (9 ) - 28 Reclassification of foreign currency translation and related items – Selling and administrative expenses - 10,193 - - 10,193 Other costs - Selling and administrative expenses (1) 631 1,365 (362 ) 584 2,218 Total $ 631 $ 12,657 $ (371 ) $ 584 $ 13,501 (1) Other costs – Selling and administrative expenses include environmental remediation, employee separation costs, professional services, accelerated depreciation, and other related costs.

Operational Improvement Plan (T

Operational Improvement Plan (Tables)	9 Months Ended
Operational Improvement Plan (Tables)	Sep. 30, 2022
Operational Improvement Plan [Abstract]
Operational Improvement Plan Costs by Segment	The following table summarizes the Operational Improvement Plan expenses recorded in Selling and Administrative Expenses (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Employee separation costs $ 1 $ (120 ) $ (4 ) $ (123 ) Other costs (1) - 605 1 606 Total expense (income) $ 1 $ 485 $ (3 ) $ 483 (1) Other costs include professional services, accelerated depreciation, and other related costs. The following table summarizes the Operational Improvement Plan expenses recorded in Selling and Administrative Expenses Flavors & Extracts Color Asia Pacific Consolidated Employee separation costs $ (15 ) $ (40 ) $ (72 ) $ (127 ) Other income (1) - (3,624 ) - (3,624 ) Other costs (2) - 1,739 2 1,741 Total expense (income) $ (15 ) $ (1,925 ) $ (70 ) $ (2,010 ) (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.

Trade Accounts Receivable (Tabl

Trade Accounts Receivable (Tables)	9 Months Ended
Trade Accounts Receivable (Tables)	Sep. 30, 2022
Trade Accounts Receivable [Abstract]
Changes in Allowance for Doubtful Accounts	The following table summarizes the changes in the allowance for doubtful accounts during the three and nine month periods ended September 30, 2022 and 2021: (In thousands) Three Months Ended September 30, 2022 Allowance for Doubtful Accounts Balance at June 30, 2022 $ 4,494 Provision for expected credit losses 51 Accounts written off (33 ) Translation and other activity (105 ) Balance at September 30, 2022 $ 4,407 (In thousands) Three Months Ended September 30, 2021 Allowance for Doubtful Accounts Balance at June 30, 2021 $ 3,749 Provision for expected credit losses 186 Accounts written off (41 ) Translation and other activity (65 ) Balance at September 30, 2021 $ 3,829 (In thousands) Nine Months Ended September 30, 2022 Allowance for Doubtful Accounts Balance at December 31, 2021 $ 4,877 Provision for expected credit losses 883 Accounts written off (1,129 ) Translation and other activity (224 ) Balance at September 30, 2022 $ 4,407 (In thousands) Nine Months Ended September 30, 2021 Allowance for Doubtful Accounts Balance at December 31, 2020 $ 3,891 Provision for expected credit losses 480 Accounts written off (414 ) Translation and other activity (128 ) Balance at September 30, 2021 $ 3,829

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Sep. 30, 2022
Segment Information [Abstract]
Operating Results by Segment	Operating results by segment for the periods presented are as follows: (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated Three months ended September 30 2022 Revenue from external customers $ 181,397 $ 144,570 $ 35,109 $ - $ 361,076 Intersegment revenue 5,649 6,899 112 - 12,660 Total revenue $ 187,046 $ 151,469 $ 35,221 $ - $ 373,736 Operating income (loss) $ 26,337 $ 28,200 $ 6,952 $ (13,996 ) $ 47,493 Interest expense - - - 3,672 3,672 Earnings (loss) before income taxes $ 26,337 $ 28,200 $ 6,952 $ (17,668 ) $ 43,821 Three months ended September 30 2021 Revenue from external customers $ 175,690 $ 135,395 $ 33,202 $ - $ 344,287 Intersegment revenue 5,977 3,844 240 - 10,061 Total revenue $ 181,667 $ 139,239 $ 33,442 $ - $ 354,348 Operating income (loss) $ 25,164 $ 27,253 $ 6,601 $ (12,060 ) $ 46,958 Interest expense - - - 3,037 3,037 Earnings (loss) before income taxes $ 25,164 $ 27,253 $ 6,601 $ (15,097 ) $ 43,921 (In thousands) Flavors & Extracts Color Asia Pacific Corporate & Other Consolidated Nine September 30 2022 Revenue from external customers $ 539,014 $ 440,568 $ 108,721 $ - $ 1,088,303 Intersegment revenue 20,096 15,607 293 - 35,996 Total revenue $ 559,110 $ 456,175 $ 109,014 $ - $ 1,124,299 Operating income (loss) $ 83,929 $ 90,035 $ 22,877 $ (41,315 ) $ 155,526 Interest expense - - - 9,748 9,748 Earnings (loss) before income taxes $ 83,929 $ 90,035 $ 22,877 $ (51,063 ) $ 145,778 Nine September 30 2021 Revenue from external customers $ 545,050 $ 395,426 $ 99,340 $ - $ 1,039,816 Intersegment revenue 16,929 12,740 259 - 29,928 Total revenue $ 561,979 $ 408,166 $ 99,599 $ - $ 1,069,744 Operating income (loss) $ 76,718 $ 79,462 $ 19,146 $ (45,718 ) $ 129,608 Interest expense - - - 9,792 9,792 Earnings (loss) before income taxes $ 76,718 $ 79,462 $ 19,146 $ (55,510 ) $ 119,816
Product Lines	Product Lines (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Three months ended September 30 2022 Flavors, Extracts & Flavor Ingredients $ 123,945 $ - $ - $ 123,945 Natural Ingredients 63,101 - - 63,101 Food & Pharmaceutical Colors - 111,194 - 111,194 Personal Care - 39,689 - 39,689 Inks - 586 - 586 Asia Pacific - - 35,221 35,221 Intersegment Revenue (5,649 ) (6,899 ) (112 ) (12,660 ) Total revenue from external customers $ 181,397 $ 144,570 $ 35,109 $ 361,076 Three months ended September 30 2021 Flavors, Extracts & Flavor Ingredients $ 116,140 $ - $ - $ 116,140 Natural Ingredients 64,215 - - 64,215 Yogurt Fruit Preparations 1,312 - - 1,312 Food & Pharmaceutical Colors - 99,688 - 99,688 Personal Care - 39,241 - 39,241 Inks - 310 - 310 Asia Pacific - - 33,442 33,442 Intersegment Revenue (5,977 ) (3,844 ) (240 ) (10,061 ) Total revenue from external customers $ 175,690 $ 135,395 $ 33,202 $ 344,287 (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Nine September 30 2022 Flavors, Extracts & Flavor Ingredients $ 381,041 $ - $ - $ 381,041 Natural Ingredients 178,069 - - 178,069 Food & Pharmaceutical Colors - 328,087 - 328,087 Personal Care - 126,651 - 126,651 Inks - 1,437 - 1,437 Asia Pacific - - 109,014 109,014 Intersegment Revenue (20,096 ) (15,607 ) (293 ) (35,996 ) Total revenue from external customers $ 539,014 $ 440,568 $ 108,721 $ 1,088,303 Nine months ended September 30, 2021: Flavors, Extracts & Flavor Ingredients $ 347,642 $ - $ - $ 347,642 Natural Ingredients 186,721 - - 186,721 Fragrances 22,739 - - 22,739 Yogurt Fruit Preparations 4,877 - - 4,877 Food & Pharmaceutical Colors - 287,565 - 287,565 Personal Care - 119,079 - 119,079 Inks - 1,522 - 1,522 Asia Pacific - - 99,599 99,599 Intersegment Revenue (16,929 ) (12,740 ) (259 ) (29,928 ) Total revenue from external customers $ 545,050 $ 395,426 $ 99,340 $ 1,039,816
Geographical Markets	Geographic Markets (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Three months ended September 30 2022 North America $ 142,097 $ 74,220 $ 27 $ 216,344 Europe 26,795 34,591 44 61,430 Asia Pacific 7,091 16,770 34,433 58,294 Other 5,414 18,989 605 25,008 Total revenue from external customers $ 181,397 $ 144,570 $ 35,109 $ 361,076 Three months ended September 30 2021 North America $ 131,855 $ 67,830 $ 5 $ 199,690 Europe 30,241 37,004 30 67,275 Asia Pacific 6,410 14,451 32,511 53,372 Other 7,184 16,110 656 23,950 Total revenue from external customers $ 175,690 $ 135,395 $ 33,202 $ 344,287 (In thousands) Flavors & Extracts Color Asia Pacific Consolidated Nine September 30 2022 North America $ 407,684 $ 223,508 $ 87 $ 631,279 Europe 90,565 116,184 175 206,924 Asia Pacific 23,628 49,199 105,222 178,049 Other 17,137 51,677 3,237 72,051 Total revenue from external customers $ 539,014 $ 440,568 $ 108,721 $ 1,088,303 Nine September 30 2021 North America $ 390,163 $ 188,764 $ 67 $ 578,994 Europe 107,463 112,188 106 219,757 Asia Pacific 24,288 47,832 96,863 168,983 Other 23,136 46,642 2,304 72,082 Total revenue from external customers $ 545,050 $ 395,426 $ 99,340 $ 1,039,816

Retirement Plans (Tables)

Retirement Plans (Tables)	9 Months Ended
Retirement Plans (Tables)	Sep. 30, 2022
Retirement Plans [Abstract]
Annual Benefit Cost	The Company’s components of annual benefit cost for the defined benefit plans for the periods presented are as follows: Three Months Ended September 30, Nine Months Ended September 30 (In thousands) 2022 2021 2022 2021 Service cost $ 404 $ 435 $ 1,219 $ 1,308 Interest cost 235 212 719 638 Expected return on plan assets (194 ) (184 ) (598 ) (553 ) Recognized actuarial loss 12 69 36 207 Total defined benefit expense $ 457 $ 532 $ 1,376 $ 1,600

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
Accumulated Other Comprehensive Income (Tables)	Sep. 30, 2022
Accumulated Other Comprehensive Income [Abstract]
Changes in OCI	The following table summarizes the changes in OCI during the three and nine month periods ended September 30, 2022 and 2021: (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balances at December 31, 2021 $ 206 $ (353 ) $ (174,481 ) $ (174,628 ) Other comprehensive income (loss) before reclassifications 516 - (55,514 ) (54,998 ) Amounts reclassified from OCI (621 ) 24 - (597 ) Balances at September 30 2022 $ 101 $ (329 ) $ (229,995 ) $ (230,223 ) (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balances at June 30, 2022 $ (152) $ (337 ) $ (202,683 ) $ (203,172 ) Other comprehensive income (loss) before reclassifications 380 - (27,312 ) (26,932 ) Amounts reclassified from OCI (127 ) 8 - (119 ) Balances at September 30 2022 $ 101 $ (329 ) $ (229,995 ) $ (230,223 ) (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balances at December 31, 2020 $ 749 $ (1,965 ) $ (157,875 ) $ (159,091 ) Other comprehensive income (loss) before reclassifications 729 - (22,073 ) (21,344 ) Amounts reclassified from OCI (1,068 ) 156 10,194 9,282 Balances at September 30 2021 $ 410 $ (1,809 ) $ (169,754 ) $ (171,153 ) (In thousands) Cash Flow Hedges (1) Pension Items (1) Foreign Currency Items Total Balances at June 30, 2021 $ 817 $ (1,861 ) $ (154,877 ) $ (155,921 ) Other comprehensive loss before reclassifications (115 ) - (14,877 ) (14,992 ) Amounts reclassified from OCI (292 ) 52 - (240 ) Balances at September 30 2021 $ 410 $ (1,809 ) $ (169,754 ) $ (171,153 ) (1) Cash Flow Hedges and Pension Items are net of tax.

Divestitures (Details)

Divestitures (Details) - USD ($) $ in Thousands		3 Months Ended			9 Months Ended
Divestitures (Details) - USD ($) $ in Thousands	Apr. 01, 2021	Sep. 30, 2022	Sep. 30, 2021	[1]	Sep. 30, 2022	Sep. 30, 2021
Divestiture of Product Line [Abstract]
Proceed from sale of business					$ 0	$ 36,790
Divestiture & other related costs [Abstract]
Other costs		$ 0			$ 0
Divestiture & other related costs						13,501
Corporate & Other [Member]
Divestiture & other related costs [Abstract]
Divestiture & other related costs						584
Yogurt Fruit Preparations [Member]
Divestiture & other related costs [Abstract]
Divestiture & other related costs						631
Fragrances [Member]
Divestiture of Product Line [Abstract]
Proceed from sale of business	$ 36,300
Divestiture & other related costs [Abstract]
Divestiture & other related costs						12,657
Inks [Member]
Divestiture & other related costs [Abstract]
Divestiture & other related costs						(371)
Cost of Products Sold [Member]
Divestiture & other related costs [Abstract]
Non-cash charges						28
Cost of Products Sold [Member] \| Corporate & Other [Member]
Divestiture & other related costs [Abstract]
Non-cash charges						0
Cost of Products Sold [Member] \| Yogurt Fruit Preparations [Member]
Divestiture & other related costs [Abstract]
Non-cash charges						0
Cost of Products Sold [Member] \| Fragrances [Member]
Divestiture & other related costs [Abstract]
Non-cash charges						37
Cost of Products Sold [Member] \| Inks [Member]
Divestiture & other related costs [Abstract]
Non-cash charges						(9)
Selling & Administrative Expenses [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges						1,062
Reclassification of foreign currency translation and related items						10,193
Other costs			$ 241			2,218	[2]
Divestiture Transactions [Abstract]
Expenses recorded related to environmental obligations						300
Selling & Administrative Expenses [Member] \| Corporate & Other [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges						0
Reclassification of foreign currency translation and related items						0
Other costs			147			584	[2]
Selling & Administrative Expenses [Member] \| Yogurt Fruit Preparations [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges						0
Reclassification of foreign currency translation and related items						0
Other costs			102			631	[2]
Selling & Administrative Expenses [Member] \| Fragrances [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges						1,062
Reclassification of foreign currency translation and related items						10,193
Other costs			149			1,365	[2]
Selling & Administrative Expenses [Member] \| Inks [Member]
Divestiture & other related costs [Abstract]
Non-cash impairment charges						0
Reclassification of foreign currency translation and related items						0
Other costs			$ (157)			$ (362)	[2]

[1]Other costs – Selling and administrative expenses include employee separation costs, professional services, accelerated depreciation, and other related costs and income.[2]Other costs – Selling and administrative expenses include environmental remediation, employee separation costs, professional services, accelerated depreciation, and other related costs.

Operational Improvement Plan (D

Operational Improvement Plan (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Restructuring Costs [Abstract]
Accrued liabilities related to the Operational Improvement Plan		$ 300		$ 300		$ 800
Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs		$ 0	$ 483	$ 0	$ (2,010)
Employee Separation Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			(123)		(127)
Other Income [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[1]				(3,624)
Other Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]		606		1,741
Flavors & Extracts [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			1		(15)
Flavors & Extracts [Member] \| Employee Separation Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			1		(15)
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] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]		0		0
Color [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			485		(1,925)
Color [Member] \| Employee Separation Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			(120)		(40)
Color [Member] \| Other Income [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[1]				(3,624)
Color [Member] \| Other Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]		605		1,739
Asia Pacific [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			(3)		(70)
Asia Pacific [Member] \| Employee Separation Costs [Member] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs			(4)		(72)
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] \| Selling & Administrative Expenses [Member]
Restructuring Costs [Abstract]
Operational Improvement Plan costs	[2]		$ 1		$ 2

[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.

Acquisition (Details)

Acquisition (Details) - USD ($) $ in Thousands		9 Months Ended
Acquisition (Details) - USD ($) $ in Thousands	Jul. 15, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Acquisition [Abstract]
Acquisition of new business		$ (1,048)	$ (13,875)
Goodwill		$ 390,798		$ 420,034
Flavor Solutions, Inc. [Member]
Acquisition [Abstract]
Acquisition of new business	$ (14,900)
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	3 Months Ended		9 Months Ended
Trade Accounts Receivable (Details) $ in Thousands	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) Segment	Sep. 30, 2021 USD ($)
Trade Accounts Receivable [Abstract]
Number of portfolio segments \| Segment			1
Accounts Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 4,494	$ 3,749	$ 4,877	$ 3,891
Provision for expected credit losses	51	186	883	480
Accounts written off	(33)	(41)	(1,129)	(414)
Translation and other activity	(105)	(65)	(224)	(128)
Ending balance	$ 4,407	$ 3,829	$ 4,407	$ 3,829

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Inventories [Abstract]
Finished and in-process products	$ 332.1	$ 280.2
Raw materials and supplies	$ 169.3	$ 131.4

Debt (Details)

Debt (Details) - USD ($) $ in Millions	9 Months Ended
Debt (Details) - USD ($) $ in Millions	Sep. 30, 2022	Aug. 31, 2022	Aug. 30, 2022
Schedule of long term debt [Abstract]
Maximum borrowing capacity		$ 85	$ 30
Minimum [Member]
Schedule of long term debt [Abstract]
Maturity date	Oct. 01, 2022
Maximum [Member]
Schedule of long term debt [Abstract]
Maturity date	Aug. 31, 2023

Fair Value (Details)

Fair Value (Details) - Level 2 [Member] - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Investments, Fair Value Disclosure [Abstract]
Forward exchange contract, Asset	$ 0.3	$ 0.1
Carrying Value [Member]
Investments, Fair Value Disclosure [Abstract]
Long term debt	547.7	503.5
Fair Value [Member]
Investments, Fair Value Disclosure [Abstract]
Long term debt	$ 539.1	$ 520

Segment Information, Operating

Segment Information, Operating Results by Segment (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) Segment	Sep. 30, 2021 USD ($)
Segment Information [Abstract]
Number of reportable segments \| Segment			3
Revenue [Abstract]
Revenue	$ 361,076	$ 344,287	$ 1,088,303	$ 1,039,816
Operating income (loss)	47,493	46,958	155,526	129,608
Interest expense	3,672	3,037	9,748	9,792
Earnings (loss) before income taxes	43,821	43,921	145,778	119,816
Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	181,397	175,690	539,014	545,050
Operating income (loss)	26,337	25,164	83,929	76,718
Interest expense	0	0	0	0
Earnings (loss) before income taxes	26,337	25,164	83,929	76,718
Color [Member]
Revenue [Abstract]
Revenue	144,570	135,395	440,568	395,426
Operating income (loss)	28,200	27,253	90,035	79,462
Interest expense	0	0	0	0
Earnings (loss) before income taxes	28,200	27,253	90,035	79,462
Asia Pacific [Member]
Revenue [Abstract]
Revenue	35,109	33,202	108,721	99,340
Operating income (loss)	6,952	6,601	22,877	19,146
Interest expense	0	0	0	0
Earnings (loss) before income taxes	6,952	6,601	22,877	19,146
Reportable Segments [Member]
Revenue [Abstract]
Revenue	373,736	354,348	1,124,299	1,069,744
Reportable Segments [Member] \| Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	187,046	181,667	559,110	561,979
Reportable Segments [Member] \| Color [Member]
Revenue [Abstract]
Revenue	151,469	139,239	456,175	408,166
Reportable Segments [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	35,221	33,442	109,014	99,599
Intersegment Revenue [Member]
Revenue [Abstract]
Revenue	12,660	10,061	35,996	29,928
Intersegment Revenue [Member] \| Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	5,649	5,977	20,096	16,929
Intersegment Revenue [Member] \| Color [Member]
Revenue [Abstract]
Revenue	6,899	3,844	15,607	12,740
Intersegment Revenue [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	112	240	293	259
Corporate & Other [Member]
Revenue [Abstract]
Revenue	0	0	0	0
Operating income (loss)	(13,996)	(12,060)	(41,315)	(45,718)
Interest expense	3,672	3,037	9,748	9,792
Earnings (loss) before income taxes	$ (17,668)	$ (15,097)	$ (51,063)	$ (55,510)

Segment Information, Revenue fr

Segment Information, Revenue from External Customers by Product Line (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue [Abstract]
Revenue	$ 361,076	$ 344,287	$ 1,088,303	$ 1,039,816
Flavors, Extracts & Flavor Ingredients [Member]
Revenue [Abstract]
Revenue	123,945	116,140	381,041	347,642
Natural Ingredients [Member]
Revenue [Abstract]
Revenue	63,101	64,215	178,069	186,721
Fragrances [Member]
Revenue [Abstract]
Revenue				22,739
Yogurt Fruit Preparations [Member]
Revenue [Abstract]
Revenue		1,312		4,877
Food & Pharmaceutical Colors [Member]
Revenue [Abstract]
Revenue	111,194	99,688	328,087	287,565
Personal Care [Member]
Revenue [Abstract]
Revenue	39,689	39,241	126,651	119,079
Inks [Member]
Revenue [Abstract]
Revenue	586	310	1,437	1,522
Asia Pacific [Member]
Revenue [Abstract]
Revenue	35,221	33,442	109,014	99,599
Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	181,397	175,690	539,014	545,050
Flavors & Extracts [Member] \| Flavors, Extracts & Flavor Ingredients [Member]
Revenue [Abstract]
Revenue	123,945	116,140	381,041	347,642
Flavors & Extracts [Member] \| Natural Ingredients [Member]
Revenue [Abstract]
Revenue	63,101	64,215	178,069	186,721
Flavors & Extracts [Member] \| Fragrances [Member]
Revenue [Abstract]
Revenue				22,739
Flavors & Extracts [Member] \| Yogurt Fruit Preparations [Member]
Revenue [Abstract]
Revenue		1,312		4,877
Color [Member]
Revenue [Abstract]
Revenue	144,570	135,395	440,568	395,426
Color [Member] \| Food & Pharmaceutical Colors [Member]
Revenue [Abstract]
Revenue	111,194	99,688	328,087	287,565
Color [Member] \| Personal Care [Member]
Revenue [Abstract]
Revenue	39,689	39,241	126,651	119,079
Color [Member] \| Inks [Member]
Revenue [Abstract]
Revenue	586	310	1,437	1,522
Asia Pacific [Member]
Revenue [Abstract]
Revenue	35,109	33,202	108,721	99,340
Asia Pacific [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	35,221	33,442	109,014	99,599
Intersegment Revenue [Member]
Revenue [Abstract]
Revenue	12,660	10,061	35,996	29,928
Intersegment Revenue [Member] \| Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	5,649	5,977	20,096	16,929
Intersegment Revenue [Member] \| Color [Member]
Revenue [Abstract]
Revenue	6,899	3,844	15,607	12,740
Intersegment Revenue [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	$ 112	$ 240	$ 293	$ 259

Segment Information, Revenue _2

Segment Information, Revenue from External Customers by Geographic Markets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue [Abstract]
Revenue	$ 361,076	$ 344,287	$ 1,088,303	$ 1,039,816
North America [Member]
Revenue [Abstract]
Revenue	216,344	199,690	631,279	578,994
Europe [Member]
Revenue [Abstract]
Revenue	61,430	67,275	206,924	219,757
Asia Pacific [Member]
Revenue [Abstract]
Revenue	58,294	53,372	178,049	168,983
Other [Member]
Revenue [Abstract]
Revenue	25,008	23,950	72,051	72,082
Flavors & Extracts [Member]
Revenue [Abstract]
Revenue	181,397	175,690	539,014	545,050
Color [Member]
Revenue [Abstract]
Revenue	144,570	135,395	440,568	395,426
Asia Pacific [Member]
Revenue [Abstract]
Revenue	35,109	33,202	108,721	99,340
Reportable Geographical Components [Member] \| Flavors & Extracts [Member] \| North America [Member]
Revenue [Abstract]
Revenue	142,097	131,855	407,684	390,163
Reportable Geographical Components [Member] \| Flavors & Extracts [Member] \| Europe [Member]
Revenue [Abstract]
Revenue	26,795	30,241	90,565	107,463
Reportable Geographical Components [Member] \| Flavors & Extracts [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	7,091	6,410	23,628	24,288
Reportable Geographical Components [Member] \| Flavors & Extracts [Member] \| Other [Member]
Revenue [Abstract]
Revenue	5,414	7,184	17,137	23,136
Reportable Geographical Components [Member] \| Color [Member] \| North America [Member]
Revenue [Abstract]
Revenue	74,220	67,830	223,508	188,764
Reportable Geographical Components [Member] \| Color [Member] \| Europe [Member]
Revenue [Abstract]
Revenue	34,591	37,004	116,184	112,188
Reportable Geographical Components [Member] \| Color [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	16,770	14,451	49,199	47,832
Reportable Geographical Components [Member] \| Color [Member] \| Other [Member]
Revenue [Abstract]
Revenue	18,989	16,110	51,677	46,642
Reportable Geographical Components [Member] \| Asia Pacific [Member] \| North America [Member]
Revenue [Abstract]
Revenue	27	5	87	67
Reportable Geographical Components [Member] \| Asia Pacific [Member] \| Europe [Member]
Revenue [Abstract]
Revenue	44	30	175	106
Reportable Geographical Components [Member] \| Asia Pacific [Member] \| Asia Pacific [Member]
Revenue [Abstract]
Revenue	34,433	32,511	105,222	96,863
Reportable Geographical Components [Member] \| Asia Pacific [Member] \| Other [Member]
Revenue [Abstract]
Revenue	$ 605	$ 656	$ 3,237	$ 2,304

Retirement Plans (Details)

Retirement Plans (Details) - Defined Benefit Plan [Member] - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	$ 404	$ 435	$ 1,219	$ 1,308
Interest cost	235	212	719	638
Expected return on plan assets	(194)	(184)	(598)	(553)
Recognized actuarial loss	12	69	36	207
Total defined benefit expense	$ 457	$ 532	$ 1,376	$ 1,600

Derivative Instruments and He_2

Derivative Instruments and Hedging Activity (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
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 Hedges [Member]
Derivative instruments and hedging activity for the period [Abstract]
Derivative, fair value	$ 35.6		$ 35.6		$ 48.6
Amount of gains (losses) reclassified into net earnings			0.6	$ 1.1
Foreign Currency Denominated Debt, Net Investment Hedging [Member]
Derivative instruments and hedging activity for the period [Abstract]
Carrying value of foreign denominated debt	247.1		247.1		$ 289.5
Impact of foreign exchange rates on debt instruments recorded in other comprehensive income	$ (18.4)	$ (7.2)	$ (42.4)	(14.1)
Amount of gains (losses) reclassified into net earnings				$ (4.2)

Income Taxes (Details)

Income Taxes (Details)	3 Months Ended		9 Months Ended
Income Taxes (Details)	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Taxes [Abstract]
Effective income tax rates	17.70%	22.80%	23.30%	23.60%

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		$ 958,967	$ 944,277	$ 938,425	$ 934,336
Other comprehensive income (loss) before reclassifications		(26,932)	(14,992)	(54,998)	(21,344)
Amounts reclassified from OCI		(119)	(240)	(597)	9,282
Ending balance		954,514	939,392	954,514	939,392
Accumulated Other Comprehensive (Loss) Income [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(203,172)	(155,921)	(174,628)	(159,091)
Ending balance		(230,223)	(171,153)	(230,223)	(171,153)
Cash Flow Hedges [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	[1]	(152)	817	206	749
Other comprehensive income (loss) before reclassifications	[1]	380	(115)	516	729
Amounts reclassified from OCI	[1]	(127)	(292)	(621)	(1,068)
Ending balance	[1]	101	410	101	410
Pension Items [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance	[1]	(337)	(1,861)	(353)	(1,965)
Other comprehensive income (loss) before reclassifications	[1]	0	0	0	0
Amounts reclassified from OCI	[1]	8	52	24	156
Ending balance	[1]	(329)	(1,809)	(329)	(1,809)
Foreign Currency Items [Member]
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance		(202,683)	(154,877)	(174,481)	(157,875)
Other comprehensive income (loss) before reclassifications		(27,312)	(14,877)	(55,514)	(22,073)
Amounts reclassified from OCI		0	0	0	10,194
Ending balance		$ (229,995)	$ (169,754)	$ (229,995)	$ (169,754)

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

Commitments and Contingencies (

Commitments and Contingencies (Details)	12 Months Ended
Commitments and Contingencies (Details)	Dec. 31, 2020
Commitments and Contingencies [Abstract]
Employee working period in SNI	5 months

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands			9 Months Ended
	Oct. 20, 2022	Oct. 03, 2022	Sep. 30, 2022	Sep. 30, 2021
Subsequent Events [Abstract]
Acquisition of new business			$ 1,048	$ 13,875
Subsequent Event [Member]
Subsequent Events [Abstract]
Dividend declared date	Oct. 20, 2022
Dividend payable (in dollars per share)	$ 0.41
Dividend payable date	Dec. 01, 2022
Subsequent Event [Member] \| Endemix [Member]
Subsequent Events [Abstract]
Acquisition of new business		$ 23,700
Debt assumed		1,300
Amount of cash held back for indemnification claims		$ 2,000
Period for cash to be held back for post-closing working capital adjustments and indemnification claims		12 months