Quarterly report pursuant to Section 13 or 15(d)

BUSINESS SEGMENTS (Tables)

v3.20.2
BUSINESS SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2020
BUSINESS SEGMENTS  
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):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

From

    

From

    

From

    

Three Months

    

Six Months

 

 

June 26, 2020

 

April 1, 2020

 

January 1, 2020

 

Ended

 

Ended

 

 

to June 30, 2020

 

to June 25, 2020

 

to June 25, 2020

 

June 30, 2019

 

June 30, 2019

 

 

(Successor)

 

(Predecessor)

Product revenues, net

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Branded CPG

 

$

2,551

 

$

40,530

 

$

80,749

 

$

41,323

 

$

82,806

Flavors & Ingredients

 

 

1,927

 

 

21,826

 

 

47,579

 

 

27,670

 

 

56,488

Total Product revenues, net

 

 

4,478

 

 

62,356

 

 

128,328

 

 

68,993

 

 

139,294

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating (loss) income

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Branded CPG

 

 

(106)

 

 

(5,151)

 

 

(14,463)

 

 

737

 

 

4,517

Flavors & Ingredients

 

 

(211)

 

 

292

 

 

(23,718)

 

 

5,208

 

 

11,809

Total operating (loss) income

 

$

(317)

 

$

(4,859)

 

$

(38,181)

 

$

5,945

 

$

16,326

 

Summary of revenue disaggregated by geographic operating segments

The following table presents revenues disaggregated by geographic operating segments (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

From

    

From

    

From

    

Three Months

    

Six Months

 

 

June 26, 2020

 

April 1, 2020

 

 

January 1, 2020

 

Ended

 

Ended

 

 

to June 30, 2020

 

to June 25, 2020

 

to June 25, 2020

 

June 30, 2019

 

June 30, 2019

 

 

(Successor)

 

(Predecessor)

Branded CPG:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

North America

 

$

873

 

$

14,678

 

$

29,926

 

$

14,603

 

$

29,751

Europe, Middle East and Africa

 

 

1,105

 

 

17,389

 

 

35,360

 

 

19,513

 

 

37,946

Asia-Pacific

 

 

376

 

 

5,357

 

 

9,584

 

 

3,979

 

 

8,709

Latin America

 

 

197

 

 

3,106

 

 

5,879

 

 

3,228

 

 

6,400

Flavors & Ingredients

 

 

1,927

 

 

21,826

 

 

47,579

 

 

27,670

 

 

56,488

Total product revenues, net

 

$

4,478

 

$

62,356

 

$

128,328

 

$

68,993

 

$

139,294