DISCONTINUED OPERATIONS (Tables)

3 Months Ended

Mar. 31, 2020

DISCONTINUED OPERATIONS

Schedule of financial statement information for discontinued operations

	Three Months Ended
	March 31, 2019
	(in millions)
Revenue	$	507.8
Cost of operations (exclusive of depreciation and amortization disclosed separately below)		443.4
Depreciation and other amortization		29.0
Amortization of purchased intangibles		43.5
Interest expense (1)		32.1
Loss before benefit from income taxes		(40.2)
Benefit from income taxes (1)		(11.1)
Loss from discontinued operations, net of taxes (2)	$	(29.1)

(1) On April 30, 2019, the Company amended its credit agreement, which among other items, provided that upon consummation of the sale of Epsilon, a mandatory payment of $500.0 million of the revolving credit facility was required and all of the Company’s outstanding senior notes were required to be redeemed. The table above includes the allocation of interest expense associated with the $500.0 million mandatory repayment of the revolving credit facility, as well as the related income tax effect, which was not reflected in our historical results in our Quarterly Report on Form 10-Q for the period ended March 31, 2019. The impact was $5.6 million of interest expense and an income tax benefit of $1.7 million.

(2) Reflects the results of operations of the Company’s former Epsilon segment, direct costs identifiable to the Epsilon segment and the allocation of interest expense on corporate debt.

	Three Months Ended
	March 31, 2019
	(in millions)
Depreciation and amortization	$	72.5
Capital expenditures	$	6.8