On December 1, 2021, the Company completed the divestiture of its solar products business ("Solar Products") in order to focus on the Company’s core exteriors business. The Company recorded a loss on sale of $22.3 million in the three months ended December 31, 2021. The results of operations from Solar Products were included within income from continuing operations for the three months ended March 31, 2021 and were not material to the Company’s overall results.

On February 10, 2021, the Company completed the sale of Interior Products to FBM pursuant to the Purchase Agreement for approximately $850 million in cash (subject to a working capital and certain other adjustments as set forth in the Purchase Agreement). The final adjusted purchase price for Interior Products was $842.7 million. During the three months ended December 31, 2021, the company received $6.6 million of final purchase consideration from FBM.

The Company completed this divestiture of net assets previously acquired in 2018 as part of the Allied Acquisition (as defined in Note 6) to reduce net leverage, strengthen its balance sheet, enhance leadership focus, and provide the financial flexibility to pursue strategic growth initiatives in its core exteriors business.

The following table reconciles major line items constituting pretax income (loss) from discontinued operations to net income (loss) from discontinued operations as presented in the condensed consolidated statements of operations (in millions):


	Three Months Ended
	March 31, 2021
Net sales	$	109.1
Cost of products sold		(80.3	)
Selling, general and administrative		(21.0	)
Depreciation and amortization		(0.2	)
Other income (loss)		—
Loss on sale		(2.4	)
Pretax income (loss) from discontinued operations		5.2
Provision for (benefit from) income taxes		1.0
Net income (loss) from discontinued operations	$	4.2

There were no results from discontinued operations in the three months ended March 31, 2022. There were no assets or liabilities held for sale as of March 31, 2022, December 31, 2021 or March 31, 2021.