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Other (Income) Expense, Net (Tables)
12 Months Ended
Dec. 31, 2021
Other Income and Expenses [Abstract]  
Schedule of Other Operating Cost and Expense, by Component

The components of other (income) expense, net are as follows (in thousands):

 

 

For the Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Gain on sale of assets

 

$

(427

)

 

$

(1,254

)

 

$

(583

)

Results of non-consolidated subsidiaries

 

 

(62

)

 

 

(125

)

 

 

(208

)

Foreign exchange (gain) loss, net

 

 

(228

)

 

 

1,160

 

 

 

1,725

 

Rents and royalties

 

 

(571

)

 

 

(466

)

 

 

(607

)

Employment related charges

 

 

 

 

 

 

 

 

2,998

 

Return on pension assets and other pension costs

 

 

(306

)

 

 

(1,502

)

 

 

(1,501

)

Gain on sale of business

 

 

(1,012

)

 

 

 

 

 

(1,154

)

Insurance and other settlements

 

 

(2,236

)

 

 

 

 

 

 

Loss on lease abandonment

 

 

 

 

 

504

 

 

 

 

Cost reduction and other charges

 

 

 

 

 

3,943

 

 

 

5,555

 

Other, net

 

 

(753

)

 

 

(434

)

 

 

(906

)

Total Other (income) expense, net

 

$

(5,595

)

 

$

1,826

 

 

$

5,319

 

Foreign Currency Gains Losses By Currency

Foreign exchange (gains) losses by currency are summarized in the following table (in thousands):

 

 

For the Years Ended December 31,

 

 

 

2021

 

 

2020

 

 

2019

 

Australian Dollar

 

$

113

 

 

$

174

 

 

$

158

 

British Pound

 

 

86

 

 

 

653

 

 

 

599

 

Canadian Dollar

 

 

77

 

 

 

590

 

 

 

489

 

Euro

 

 

(450

)

 

 

458

 

 

 

469

 

Other currencies, net

 

 

(54

)

 

 

(715

)

 

 

10

 

Foreign exchange (gain) loss, net

 

$

(228

)

 

$

1,160

 

 

$

1,725