XML 28 R13.htm IDEA: XBRL DOCUMENT v3.20.4
Discontinued Operations
 12 Months Ended
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations Discontinued Operations
Discontinued operations includes the operating results of the Software Solutions business, sold in 2019 (except for the software business in Australia, which closed in January 2020), and the Production Mail business, sold in 2018. Assets of discontinued operations and liabilities of discontinued operations at December 31, 2019 includes the assets and liabilities of the software business in Australia.
Selected financial information of discontinued operations is as follows:
Year Ended December 31, 2020
Software SolutionsProduction MailTotal
Gain (loss) on sale $7,972 $(167)$7,805 
Tax benefit(2,310)
Income from discontinued operations, net of tax$10,115 

Year Ended December 31, 2019
Software SolutionsProduction MailTotal
Revenue$272,565 $— $272,565 
Earnings (loss) from discontinued operations$22,160 $(663)$21,497 
Gain (loss) on sale195,957 (14,644)181,313 
Income (loss) from discontinued operations before taxes$218,117 $(15,307)202,810 
Tax provision48,350 
Income from discontinued operations, net of tax$154,460 
Year Ended December 31, 2018
Software SolutionsProduction MailTotal
Revenue$340,855 $211,542 $552,397 
Earnings from discontinued operations$49,587 $18,952 $68,539 
Gain on sale— 60,611 60,611 
Income from discontinued operations before taxes$49,587 $79,563 129,150 
Tax provision69,044 
Income from discontinued operations, net of tax$60,106