Discontinued Operations

12 Months Ended

Dec. 31, 2021

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

Discontinued operations includes net working capital and other adjustments relating to the sale of Software Solutions business in 2019 (except for the software business in Australia, which closed in January 2020), and the Production Mail business in 2018. Discontinued operations for the year ended December 31, 2021 also includes a tax charge related to the sale of the Production Mail business. Discontinued operations for the year ended December 31, 2019 also includes the operating results of the Software Solutions business.

Selected financial information of discontinued operations is as follows:

	Year Ended December 31, 2021
	Software Solutions		Production Mail		Total
Loss on sale	$	(1,827)	$	—	$	(1,827)
Tax provision					3,031
Loss from discontinued operations, net of tax					$	(4,858)

	Year Ended December 31, 2020
	Software Solutions		Production Mail		Total
Gain (loss) on sale	$	7,972	$	(167)	$	7,805
Tax benefit					(2,310)
Income from discontinued operations, net of tax					$	10,115

	Year Ended December 31, 2019
	Software Solutions		Production Mail		Total
Revenue	$	272,565	$	—	$	272,565
Earnings (loss) from discontinued operations	$	22,160	$	(663)	$	21,497
Gain (loss) on sale	195,957		(14,644)		181,313
Income (loss) from discontinued operations before taxes	$	218,117	$	(15,307)	202,810
Tax provision					48,350
Income from discontinued operations, net of tax					$	154,460