DISCONTINUED OPERATIONS

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

The Company's discontinued operations include the former North American Technology Group which was sold in December 2015 and has been winding down operations since then (see Note 1).

For the year ended December 31, 2021, the Company recorded net income in its discontinued operations of approximately $33.2 million primarily related to the resolution of certain liabilities of these previously discontinued operations of $31.7 million, pre-tax, and recorded approximately $15.0 million in restitution receipts, offset by $3.0 million of related professional fees and recorded approximately $10.7 million for the provision for income taxes.

For the year ended December 31, 2020, the Company's discontinued operations recorded approximately $1.9 million in restitution receipts offset by approximately $0.5 million of professional fees and $0.5 million for the provision for income taxes. For the year ended December 31, 2019, the Company's discontinued operations recorded approximately $2.1 million in selling, distribution and administrative expenses and recorded approximately $0.6 million for the benefit for income taxes.

The Company has completed the wind-down activities related to the sale of the France business, as disclosed in previous 10-K filings, but may incur additional charges related to statutory tax and other indemnities given at closing. The Company has substantially completed the wind-down activities related to the former North American Technology Group business, although certain activities related to sublet facilities continue. The net assets and liabilities of discontinued operations are immaterial other than the exit costs disclosure below. The Company expects that total additional exit charges related to discontinued operations after this year may aggregate up to $0.5 million.

The Company has not incurred any special charges in continuing operations for the year ended December 31, 2021 or 2020. In the third quarter of 2019 and year ended December 31, 2019, within continuing operations, the Company's former German branch recorded special gains of approximately $0.8 million related to a buyout for its outstanding lease obligation.

The following table details liabilities related to the exit costs of the sold businesses that remain for 2021 (in millions):


	Accrued exit costs
Balance January 1, 2021	$	2.8
Charged to expense	0.4
Paid or otherwise settled	(0.5)
Balance December 31, 2021	$	2.7

The following table details liabilities related to the exit costs of the sold businesses for 2020 (in millions):


	Accrued exit costs
Balance, January 1, 2020	$	2.8
Charged to expense	0.4
Paid or otherwise settled	(0.4)
Balance, December 31, 2020	$	2.8