Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

The results of operations attributable to discontinued operations are summarized below:

	Specialty Vehicle Technologies				High Pressure Solutions				Total
	For the Three Month Period Ended March 31,
	2022		2021		2022		2021		2022		2021
Revenues	$	4.0	$	240.3	$	—	$	62.4	$	4.0	$	302.7
Cost of sales	3.9		177.0		—		50.5		3.9		227.5
Gross Profit	0.1		63.3		—		11.9		0.1		75.2
Selling and administrative expenses	0.1		18.4		—		4.3		0.1		22.7
Amortization of intangible assets	—		9.5		—		2.4		—		11.9
Loss on disposal group	—		—		—		203.3		—		203.3
Other operating expense, net	0.2		7.0		1.6		8.1		1.8		15.1
Income (Loss) from Discontinued Operations Before Income Taxes	(0.2)		28.4		(1.6)		(206.2)		(1.8)		(177.8)
Provision (benefit) for income taxes	—		6.9		(0.4)		(4.5)		(0.4)		2.4
Income (Loss) from Discontinued Operations, Net of Tax	$	(0.2)	$	21.5	$	(1.2)	$	(201.7)	$	(1.4)	$	(180.2)

The carrying amount of assets and liabilities attributable to discontinued operations are shown in the table below. These primarily relate to non-U.S. subsidiaries subject to delayed closing terms due to local regulatory and administrative requirements.

	March 31, 2022		December 31, 2021
Cash and cash equivalents	$	—	$	6.2
Accounts receivable, net	3.5		2.5
Inventories	4.9		5.6
Other current assets	—		0.1
Property, plant and equipment, net	1.1		1.2
Total assets of discontinued operations	$	9.5	$	15.6
Accounts payable	$	1.4	$	2.2
Accrued liabilities	8.6		14.9
Total liabilities of discontinued operations	10.0		17.1

The significant non-cash operating items and capital expenditures reflected in cash flows of discontinued operations for the three months periods ended March 31, 2022 and 2021 include the following:

	Specialty Vehicle Technologies				High Pressure Solutions				Total
	For the Three Month Period Ended March 31,
	2022		2021		2022		2021		2022		2021
Loss on sale	$	—	$	—	$	—	$	203.3	$	—	$	203.3
Depreciation and amortization	—		13.5		—		4.0		—		17.5
Stock-based compensation expense	—		1.7		—		0.8		—		2.5
Capital expenditures	—		(0.7)		—		(0.3)		—		(1.0)