Discontinued Operations

3 Months Ended

Mar. 31, 2021

Discontinued Operations [Abstract]

Discontinued Operations

NOTE 5. DISCONTINUED OPERATIONS

EMEA AND PACIFIC RIM BUSINESSES

In 2019, we completed the sale of certain subsidiaries comprising our businesses in EMEA and the Pacific Rim to Knauf. During the three months ended March 31, 2021, we recorded a loss on sale of $0.4 million for final purchase price adjustments related to certain pension liabilities included in the Sale. During the three months ended March 31, 2020, we recorded a loss on sale of $5.0 million representing working capital and other adjustments.  

See Note 1 for further discussion of the Sale.

Summarized Financial Information of Discontinued Operations

The following table details the line items that comprise discontinued operations on the Condensed Consolidated Statements of Operations and Comprehensive Income.

	Three Months Ended
	March 31,
	2021			2020
(Loss) from disposal of discontinued businesses, before income tax	$	(0.4	)	$	(5.0	)
Income tax expense (benefit)		1.7			(1.4	)
(Loss) from disposal of discontinued business, net of tax	$	(2.1	)	$	(3.6	)
Net (loss) from discontinued operations	$	(2.1	)	$	(3.6	)