Dispositions (Tables)

6 Months Ended

Jun. 30, 2020

Dispositions

Schedule of gain on sale

The gain on the sale of Geneva was calculated as follows (in millions):

		Initial gain on sale		Adjustments		Final gain on sale
Consideration received:
Cash	$	38.6	$	(0.2)	$	38.4
Minimum earnout		20.5		—		20.5
Less carrying amount of assets and liabilities:
Intangible assets		17.9		—		17.9
Other assets		0.3		2.9		3.2
Other liabilities		—		(1.9)		(1.9)
Less: Goodwill allocation		23.5		—		23.5
Net gain on sale, before taxes	$	17.4	$	(1.2)	$	16.2