Other Income (Expense), Net Summary of Other Income (Expense) Net (Tables)

12 Months Ended

Dec. 31, 2019

Other Income (Expense) Net [Abstract]

Other Income and Other Expense Disclosure [Text Block]

The gain on investment in kaléo accounted for under the fair value method of $28.5 million includes a cash dividend of $17.6 million from kaléo. See Note 4 for more details on the investment in kaléo. See Note 17 for more details on the closing of the manufacturing plant in Shanghai, China.

The gain associated with the settlement of an escrow agreement related to the settlement of an escrow arrangement established upon the acquisition of Terphane Holdings, LLC in 2011. In settling the escrow arrangement, the Company assumed the risk of the claims (and associated legal fees) against which the escrow previously secured the Company.  While the ultimate amount of such claims is unknown, the Company believes that it could be liable for some portion of these claims, and currently estimates the amount of such future claims at approximately $1.0 million.

The gain of $5.3 million from insurance recoveries related to the explosion that occurred in the second quarter of 2016 at the Aluminum Extrusions manufacturing facility in Newnan, Georgia, which includes the recognition of a gain on the involuntary conversion of an asset for insurance proceeds used for the replacement of capital equipment.

Other income (expense), net consists of the following:

(In thousands)	2019			2018			2017
Gain on investment in kaléo accounted for under fair value method	$	28,482		$	30,600		$	33,800
Gain on sale of manufacturing plant in Shanghai, China	6,316			—			—
Gain associated with the settlement of an escrow agreement related to Terphane, acquired in October 2011	—			—			11,856
Gain from insurance recoveries	—			—			5,261
Unrealized loss on investment property	—			(186		)	—
Other	(3		)	45			796
Total	$	34,795		$	30,459		$	51,713