BUSINESS SEGMENTS (Tables)
|
12 Months Ended |
Dec. 31, 2020 |
|---|
| 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):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Successor) |
|
|
(Predecessor) |
|
From June 26, 2020 to December 31, 2020 |
|
|
From January 1, 2020 to
June 25, 2020 |
|
Year Ended December 31, 2019 |
|
Year Ended December 31, 2018 |
| Product revenues, net |
|
|
|
|
|
|
|
|
| Branded CPG |
$ |
96,857 |
|
|
|
$ |
80,749 |
|
|
$ |
165,863 |
|
|
$ |
173,759 |
|
| Flavors & Ingredients |
50,311 |
|
|
|
47,579 |
|
|
106,260 |
|
|
117,206 |
|
| Total product revenues, net |
$ |
147,168 |
|
|
|
$ |
128,328 |
|
|
$ |
272,123 |
|
|
$ |
290,965 |
|
|
|
|
|
|
|
|
|
|
| Operating income (loss) |
|
|
|
|
|
|
|
|
| Branded CPG |
$ |
(3,461) |
|
|
|
$ |
(14,463) |
|
|
$ |
10,280 |
|
|
$ |
8,283 |
|
| Flavors & Ingredients |
(2,645) |
|
|
|
(23,718) |
|
|
19,396 |
|
|
19,469 |
|
| Total operating (loss) income |
$ |
(6,106) |
|
|
|
$ |
(38,181) |
|
|
$ |
29,676 |
|
|
$ |
27,752 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Summary of Revenues Disaggregated by Geographic Operating Segments |
The following table presents geographic information based upon revenues of the Company’s major geographic markets (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Successor) |
|
|
(Predecessor) |
|
From June 26, 2020 to December 31, 2020 |
|
|
From January 1, 2020 to
June 25, 2020 |
|
Year Ended December 31, 2019 |
|
Year Ended December 31, 2018 |
| North America |
$ |
63,386 |
|
|
|
$ |
54,253 |
|
|
$ |
104,788 |
|
|
$ |
103,803 |
|
| Europe, Middle East and Africa |
52,348 |
|
|
|
46,479 |
|
|
105,546 |
|
|
119,456 |
|
| Asia-Pacific |
24,606 |
|
|
|
21,090 |
|
|
47,695 |
|
|
48,889 |
|
| Latin America |
6,828 |
|
|
|
6,506 |
|
|
14,094 |
|
|
18,817 |
|
| Total product revenues, net |
$ |
147,168 |
|
|
|
$ |
128,328 |
|
|
$ |
272,123 |
|
|
$ |
290,965 |
|
|
| Summary of Long-Lived Assets Disaggregated by Geographic Operating Segments |
Long-lived assets are as follows (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Successor) |
|
|
(Predecessor) |
|
|
Year Ended December 31, 2020 |
|
|
Year Ended December 31, 2019 |
|
| Long-Lived Assets* |
|
|
|
|
|
| United States |
$ |
14,798 |
|
|
|
$ |
7,787 |
|
|
| China |
14,207 |
|
|
|
5,296 |
|
|
| Czech Republic |
6,070 |
|
|
|
3,278 |
|
|
| France |
11,076 |
|
|
|
3,144 |
|
|
| Other Foreign Countries |
1,134 |
|
|
|
835 |
|
|
| Total |
$ |
47,285 |
|
|
|
$ |
20,340 |
|
|
|