Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

As a result of these transactions, the Company recorded a net gain on the sale and deconsolidation of SportBLX of $16.7 million for the year ended December 31, 2021, the components of which are described in the table below.

	(in millions)
Sale of proprietary code to S-BLX Securities	$	0.2
Gain on repurchase of SportBLX debt from FDC		1.4
Sale of SportBLX to FDC
Proceeds		0.1
Basis in SportBLX		1.3
Goodwill		(8.3	)
Non-controlling interest		22.0
Net gain on the sale and deconsolidation of SportBLX		16.7

Schedule of Key Components of Discontinued Operations

The key components of the results of discontinued operations were as follows:

	For the Years Ended December 31,
	2021			2020
	(In millions)
Net revenue		—			0.5
Operating expenses:
Selling, general and administrative		1.1			2.2
Impairment of goodwill		—			42.3
Restructuring and other		(0.6	)		(1.3	)
Total operating expenses		0.5			43.2
Operating loss from discontinued operations		(0.5	)		(42.7	)
Other expense:
Interest expense		(0.2	)		—
Total other expense		(0.2	)		—
Loss from discontinued operations, before income taxes		(0.7	)		(42.7	)
Gain on sale and deconsolidation of discontinued business		16.7			—
Income tax		—			—
Income (loss) from discontinued operations, net of income taxes	$	16.0		$	(42.7	)