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Discontinued Operations
6 Months Ended
Jun. 30, 2021
Discontinued Operations And Disposal Groups [Abstract]  
Discontinued Operations

8.

DISCONTINUED OPERATIONS

On October 31, 2018, we completed the previously announced sale of our Specialty Papers business on a cash free and debt free basis to Pixelle Specialty Solutions LLC, an affiliate of Lindsay Goldberg (the “Purchaser”) for $360 million.

For both the three months and six months ended June 30, 2021, we reported a net loss from discontinued operations of $82 thousand compared with a net loss of $135 thousand in each of the same periods of 2020.

The following table sets forth a summary of cash flows from discontinued operations which is included in the condensed consolidated statements of cash flows:

 

 

Six months ended

June 30

 

 

In thousands

 

2021

 

 

2020

 

 

Net cash used by operating activities

 

$

(238

)

 

$

(945

)

 

Net cash used by investing activities

 

 

 

 

 

 

 

Net cash provided by financing activities

 

 

 

 

 

 

 

Change in cash and cash equivalents from discontinued operations

 

$

(238

)

 

$

(945

)