OTHER (INCOME) EXPENSE, NET (Tables)

3 Months Ended

Mar. 31, 2023

Component of Operating Income [Abstract]

Schedule of Components of Other Expense, Net

The components of Other (income) expense, net for the three months ended March 31, 2023 and 2022 are as follows (in thousands):

	Three Months Ended March 31,
	2023		2022
Net (gain) loss on sale of business and other assets (1)	$	(527)	$	135
Foreign currency loss, net (2)	117		1,712
Net loss from our investments in the equity of other companies (3)	122		86
Other miscellaneous, net	163		(644)
Other (income) expense, net	$	(125)	$	1,289

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(1)Amounts primarily relate to the sales of certain intellectual property rights and certain other assets.

(2)Amounts relate to the remeasurement of the Company’s foreign currency denominated assets and liabilities.

(3)Amounts relate to the income statement impacts of our investments in the equity of other companies, including investments accounted for under the equity method.