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Supplemental Financial Information
6 Months Ended
Jun. 30, 2020
Supplemental Income Statement Elements [Abstract]  
Supplemental Financial Information Supplemental Financial Information
Restructuring and Impairment Charges
The components of “Restructuring and impairment charges” line item in the condensed consolidated statements of operations, were as follows:
Three Months EndedSix Months Ended
(Dollars in thousands)June 30, 2020June 30, 2019June 30, 2020June 30, 2019
Restructuring Charges$—  $143  $—  $949  
Impairment charges—  940  —  956  
Total restructuring and impairment charges$—  $1,083  $—  $1,905  
Restructuring Charges
In 2018, we made the decision to consolidate our Santa Fe Springs, California operations into our facilities in Carol Stream, Illinois and Bear, Delaware, which was completed as of December 31, 2019. We recorded $0.1 million and $0.9 million of expense for the three and six months ended June 30, 2019 related to this facility consolidation.
Impairment Charges
We recognized $0.9 million and $1.0 million in impairment charges on certain assets in connection with the Isola USA Corp. (Isola) asset acquisition for the three and six months ended June 30, 2019, respectively.
Other Operating (Income) Expense, Net
The components of “Other operating (income) expense, net” line item in the condensed consolidated statements of operations, were as follows:
Three Months EndedSix Months Ended
(Dollars in thousands)June 30, 2020June 30, 2019June 30, 2020June 30, 2019
Lease income$—  $(329) $—  $(876) 
Depreciation on leased assets—  366  —  1,551  
Loss on sale or disposal of property, plant and equipment33   53  276  
Economic incentive grants(145) —  (145) —  
Total other operating (income) expense, net$(112) $40  $(92) $951  
In connection with the transitional leaseback of a portion of the facility and certain machinery and equipment acquired from Isola in August 2018, we recognized lease income of $0.3 million and $0.9 million for the three and six months ended June 30, 2019, respectively, and related depreciation on leased assets of $0.4 million and $1.6 million, respectively, for the three and six months ended June 30, 2019.
Interest Expense, Net
The components of “Interest expense, net” line item in the condensed consolidated statements of operations, were as follows:
Three Months EndedSix Months Ended
(Dollars in thousands)June 30, 2020June 30, 2019June 30, 2020June 30, 2019
Interest on revolving credit facility$1,388  $2,179  $2,467  $4,430  
Interest rate swap settlements336  (79) 422  (201) 
Line of credit fees152  127  318  253  
Debt issuance amortization costs138  138  276  276  
Interest on finance leases32  31  65  63  
Interest income(269) (375) (589) (864) 
Other 17  27  19  
Total interest expense, net$1,779  $2,038  $2,986  $3,976