XML 42 R29.htm IDEA: XBRL DOCUMENT v3.22.0.1
Other (Income) Expense
 12 Months Ended
Dec. 31, 2021
Other Income and Expenses [Abstract]  
Other (Income) Expense Other (Income) Expense
The following table summarizes the Company’s other (income) expense for the years ended December 31, 2021 and 2020.
20212020
Gain on Piling Products division asset sale (a)$(2,741)$— 
Disbursement from an unconsolidated partnership (b)— (1,874)
Loss on Precast Concrete Products segment relocation and closure activities (c)— 673 
Foreign currency losses (gains)452 (32)
Other(786)(877)
Other income - net$(3,075)$(2,110)
a.On September 27, 2021, the Company announced it completed the sale of its Piling Products division to J.D. Fields & Company, Inc., resulting in a pretax gain of $2,741 in 2021.
b.In the second quarter of 2020, the Company received a non-recurring disbursement of $1,874 from an unconsolidated partnership.
c.During the fourth quarter of 2019, the Company announced and commenced the relocation and closure of the Spokane, WA concrete products facility and the subsequent relocation to Boise, ID, which was completed during the first quarter of 2020. This activity resulted in expense of $673 in 2020, within the Precast Concrete Products segment.