Quarterly report pursuant to Section 13 or 15(d)

BUSINESS SEGMENTS (Tables)

v3.23.1
BUSINESS SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Schedule of Selected Financial Information Relating to the Business' Reportable Segments
The following table presents selected financial information relating to the Company’s business segments (in thousands):
Three Months Ended
March 31, 2023 March 31, 2022
Product revenues, net
Branded CPG $ 102,010  $ 103,761 
Flavors & Ingredients 30,407  26,831 
Total product revenues, net $ 132,417  $ 130,592 
Operating income
Branded CPG $ (843) $ 6,460 
Flavors & Ingredients 9,536  7,827 
8,693  14,287 
Corporate (5,692) (7,222)
Total operating income $ 3,001  $ 7,065 
Summary of Disaggregated Revenue Information
The following table presents disaggregated revenue information for the Company (in thousands):
Three Months Ended
March 31, 2023 March 31, 2022
Branded CPG:
North America $ 74,054  $ 73,080 
Europe 15,969  18,008 
India, Middle East and Africa 3,153  3,579 
Asia-Pacific 5,815  6,062 
Latin America 3,019  3,032 
Flavors & Ingredients 30,407  26,831 
Total product revenues, net $ 132,417  $ 130,592