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Other (Expense) Income, Net
3 Months Ended
Mar. 31, 2022
Other (Expense) Income, Net [Abstract]  
Other (Expense) Income, Net [Text Block]
Note 10 – Other (Expense) Income, Net
The components of other (expense) income, net for the three months ended
 
March 31, 2022 and 2021 are as follows:
Three Months Ended
 
March 31,
2022
2021
Income from third party license fees
$
404
$
339
Foreign exchange losses, net
(1,905)
(1,478)
Gain on disposals of property,
 
plant, equipment and other assets, net
23
5,410
Non-income tax refunds and other related (expense) credits
(1,322)
97
Pension and postretirement benefit income, non-service components
479
124
Other non-operating income, net
115
195
Total other (expense)
 
income, net
$
(2,206)
$
4,687
Non-income tax refunds and other related (expense) credits during the
 
three months ended March 31, 2022 includes other expense
related to an indemnification asset associated with the settlement of certain
 
income tax audits at one of the Company’s
 
Italian affiliates
for tax periods prior to August 1, 2019.
 
See Note 11 of Notes to Condensed Consolidated
 
Financial Statements.
 
Gain on disposals of
property, plant, equipment
 
and other assets, net, during the three months ended March 31, 2021, includes a gain on the
 
sale of certain
held-for-sale real property assets related to the Combination.
 
Foreign exchange losses, net, during each of the three months ended
March 31, 2022 and 2021 include foreign currency transaction losses of approximately
 
$
0.2
 
million related to hyper-inflationary
accounting for the Company’s Argentine
 
subsidiaries.
 
See Note 1 of Notes to Condensed Consolidated Financial Statements.