Dispositions and Acquisition	12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]
Dispositions and Acquisition	Note 3. Dispositions and Acquisition 2018 Disposition On July 2, 2018, we completed the sale of our Print Logistics business for $60.0 million cash, of which we received $43.9 million after transaction costs, working capital adjustments and $4.9 million of cash which was included in the disposition. Net proceeds from the sale were used to reduce borrowings outstanding on our credit facility. The disposition resulted in a pre-tax gain of $3.6 million during 2018, which was recorded in Other operating income in the Consolidated Statements of Operations. Income taxes paid as a result of the sale were insignificant due to the utilization of capital loss carryforwards to offset the taxable gain. Prior to the sale, operating results for the Print Logistics business were reported as services within the Business Services segment. 2016 Acquisition On August 4, 2016, we acquired Precision Dialogue Holdings, LLC (“Precision Dialogue”), a provider of email marketing, direct mail marketing and other services with operations in the United States for a purchase price, net of cash acquired, of approximately $59.2 million. The acquisition expanded our ability to help our clients measure communications effectiveness and audience engagement. During the year ended December 31, 2016, Precision Dialogue contributed $22.4 million in net sales and earnings before income taxes of $1.8 million. For the year ended December 31, 2016, we recorded $2.7 million of acquisition-related expenses, respectively, associated with completed or contemplated acquisitions within Selling, general and administrative expenses in the Consolidated Statements of Operations. 2016 Dispositions During 2016, we sold five insignificant entities within the Business Services segment for net proceeds of $13.7 million, all of which was received in 2016. The dispositions of these entities resulted in a net gain of $11.9 million during the period ended December 31, 2016, which was recorded in Other operating income in the Consolidated Statements of Operations.

Dispositions and Acquisition

12 Months Ended

Dec. 31, 2018

Note 3. Dispositions and Acquisition

2018 Disposition

On July 2, 2018, we completed the sale of our Print Logistics business for $60.0 million cash, of which we received $43.9 million after transaction costs, working capital adjustments and $4.9 million of cash which was included in the disposition. Net proceeds from the sale were used to reduce borrowings outstanding on our credit facility. The disposition resulted in a pre-tax gain of $3.6 million during 2018, which was recorded in Other operating income in the Consolidated Statements of Operations. Income taxes paid as a result of the sale were insignificant due to the utilization of capital loss carryforwards to offset the taxable gain. Prior to the sale, operating results for the Print Logistics business were reported as services within the Business Services segment.

2016 Acquisition

On August 4, 2016, we acquired Precision Dialogue Holdings, LLC (“Precision Dialogue”), a provider of email marketing, direct mail marketing and other services with operations in the United States for a purchase price, net of cash acquired, of approximately $59.2 million. The acquisition expanded our ability to help our clients measure communications effectiveness and audience engagement. During the year ended December 31, 2016, Precision Dialogue contributed $22.4 million in net sales and earnings before income taxes of $1.8 million.

For the year ended December 31, 2016, we recorded $2.7 million of acquisition-related expenses, respectively, associated with completed or contemplated acquisitions within Selling, general and administrative expenses in the Consolidated Statements of Operations.

2016 Dispositions

During 2016, we sold five insignificant entities within the Business Services segment for net proceeds of $13.7 million, all of which was received in 2016. The dispositions of these entities resulted in a net gain of $11.9 million during the period ended December 31, 2016, which was recorded in Other operating income in the Consolidated Statements of Operations.