XML 29 R19.htm IDEA: XBRL DOCUMENT v3.22.1
Unusual Items
3 Months Ended
Mar. 31, 2022
Unusual or Infrequent Items, or Both [Abstract]  
Unusual Items Unusual Items
The following table presents total unusual items in the unaudited condensed consolidated statements of operations:
Three months ended March 31,
 20222021
 (In millions)
Unusual items
Legal matters (component of other expense, net)$16.1 $— 
Proxy contest and related litigation costs (component of other expense, net)3.1 — 
Terminated merger costs (component of other expense, net)2.5 7.5 
Loss on debt— 9.1 
$21.7 $16.6 
In the three months ended March 31, 2022, the Company incurred $16.1 million associated with legal matters. See Note 8(a) for additional information.
In the three months ended March 31, 2022, the Company incurred $3.1 million of costs associated with the proxy contest and related litigation costs. See Note 8(a) for additional information.
In the three months ended March 31, 2022 and 2021, the Company incurred terminated merger costs of $2.5 million and $7.5 million, respectively. See Note 1 for additional information. The components of the terminated merger costs are as follows (in millions):
Three months ended March 31,
 20222021
 (In millions)
Legal$1.8 $4.6 
Employee compensation0.3 2.1 
Consulting and other professional costs0.4 0.8 
$2.5 $7.5 
In the three months ended March 31, 2021, the Company settled $135.4 million of its 2¼% Notes as a result of receiving conversion notices from the holders of the 2¼% Notes. The principal amount of $135.4 million was settled in cash and the conversion premium was settled in 2.6 million common shares. The Company incurred a pre-tax charge of $9.1 million in the three months ended March 31, 2021, associated with the settlement of the 2¼% Notes.