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Business Divestiture
3 Months Ended
Mar. 31, 2020
Discontinued Operations And Disposal Groups [Abstract]  
Business Divestiture

15. Business Divestiture

On January 31, 2020, the Company completed the sale of its previously held-for-sale business which was primarily in the United States segment selling cutting tools to the aerospace and automotive markets. Subject to customary post-closing working capital and other transaction price adjustments as defined in the transaction agreement, the sale resulted in a loss of less than $1 million for the three months ended on March 31, 2020 and was included in impairment charges in the consolidated statements of operations.