DIVESTITURES AND ASSET IMPAIRMENTS

9 Months Ended

Sep. 30, 2022

Discontinued Operations and Disposal Groups [Abstract]

DIVESTITURES AND ASSET IMPAIRMENTS

NOTE 3 — DIVESTITURES AND ASSET IMPAIRMENTS

Divestitures

On September 1, 2021, the Company completed the sale of its operations in Japan for cash proceeds of $11.3 million reported in International. The transaction resulted in a third quarter 2021 divestiture pre-tax loss of $10.9 million reported in our International segment, of which $3.8 million related to the reclassification of accumulated currency translation adjustments to earnings. On December 1, 2021, the Company completed the sale of its Environmental Solutions operations in Canada for cash proceeds of $24.4 million reported in North America. The results of operations of these divested businesses have been excluded from our Condensed Consolidated Financial Statements from the date of the divestitures.

Asset Impairments

In the three and nine months ended September 30, 2022, the Company recognized $2.0 million related to impairments associated with exiting certain North American office facilities.