Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2021

Discontinued Operations and Disposal Groups [Abstract]

Summary of Discontinued Operations and Disposal Groups

The following table presents the operating results of the discontinued operations.

	Three Months Ended September 30, 2020		Nine Months Ended September 30, 2020
Net sales	$	68,525	$	223,944
Cost of sales (exclusive of depreciation and amortization shown separately below)	50,444		158,538
Selling, general, and administrative expense	6,164		20,189
Depreciation and amortization	12,030		35,731
Goodwill impairment	—		146,757
Other operating expense, net	24		20
Loss from operations	(137)		(137,291)
Interest expense	12,248		37,857
Loss on extinguishment of debt and write-off of debt issuance costs	1,388		1,388
Other income, net	(234)		(325)
Loss from discontinued operations before costs of disposal and benefit for income taxes	(13,539)		(176,211)
Benefit for income taxes	39,954		59,598
Income (loss) from discontinued operations before costs of disposal	26,415		(116,613)
Costs of disposal of discontinued operations (1)	(6,598)		(7,956)
Benefit for income taxes on costs of disposal	513		603
Income (loss) from discontinued operations, net of tax	$	20,330	$	(123,966)

_______________________________

(1)Represents incremental direct costs related to the sale of the Life Sciences business that were incurred prior to the closing of the sale.

The following table summarizes the amount of interest expense related to the previous credit facility that has been reclassified to discontinued operations.

	Three Months Ended September 30, 2020		Nine Months Ended September 30, 2020
Interest on debt	$	11,060	$	34,410
Amortization of debt issuance costs	1,215		3,692
Capitalized interest	(114)		(519)
Other	87		274
Total interest expense of discontinued operations	$	12,248	$	37,857

The following table presents the significant noncash items and cash paid for capital expenditures of discontinued operations for the historical period presented.

	Nine Months Ended September 30, 2020
Depreciation and amortization	$	35,731
Goodwill impairment	146,757
Amortization of debt issuance costs	3,692
Loss on extinguishment of debt and write-off of debt issuance costs	1,388
Acquisition of property, plant and equipment	7,626
Right-of-use assets obtained in exchange for new finance lease liabilities	695
Right-of-use assets obtained in exchange for new operating lease liabilities (1)	6,174

_______________________________

(1) Includes new leases, renewals, and modifications.