Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2022

Discontinued Operations and Disposal Groups [Abstract]

Summary of Discontinued Operations in Financial Statements

The major components of net income from discontinued operations, net of income taxes in the accompanying Consolidated Statements of Operations include the following:

	For the Year Ended
(in millions of U.S. dollars)	January 2, 2021
Revenue, net 1	$	97.1
Cost of sales	71.1
Operating loss from discontinued operations	(0.5)
Gain on sale of discontinued operations	53.7
Income from discontinued operations, before income taxes	53.1
Income tax expense 2	28.0
Net income from discontinued operations, net of income taxes	25.1

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1    Includes related party sales to continuing operations of $1.0 million for the year ended January 2, 2021.

2    The S&D divestiture resulted in tax expense of $28.5 million on the gain on sale in 2020 and utilized a significant portion of the existing U.S. net operating loss carryforwards.