XML 39 R25.htm IDEA: XBRL DOCUMENT v3.24.3
IMPAIRMENT AND PROPERTY, PLANT, AND EQUIPMENT
9 Months Ended
Sep. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]  
IMPAIRMENT AND PROPERTY, PLANT, AND EQUIPMENT IMPAIRMENT AND PROPERTY, PLANT, AND EQUIPMENT
During the third quarter of 2024, the Company sold property, plant, and equipment assets with proceeds totaling approximately $2.8 million. The Company recognized a nominal net gain on the sale. The net gain on sale is included in Impairment and other, net in the Condensed Consolidated Statement of Operations.
During the second quarter of 2024, the Company impaired approximately $1.0 million due to a construction-in-progress project that was no longer expected to be completed. The impairment is included in Impairment and other, net in the Condensed Consolidated Statements of Operations.
There were no material impairments during the three and nine-month periods ended September 30, 2023.