XML 61 R34.htm IDEA: XBRL DOCUMENT v3.22.0.1
Note 2. Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2021
Sale of Highway Products  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Disposal Groups, Including Discontinued Operations [Table Text Block]
The following is a summary of THP's operating results included in income from discontinued operations for the years ended December 31, 2021, 2020, and 2019:
Year Ended December 31,
202120202019
(in millions)
Revenues$296.5 $249.7 $252.7 
Cost of revenues216.6 178.7 181.6 
Selling, engineering, and administrative expenses65.3 41.2 51.5 
Restructuring activities— 0.1 0.1 
Other income— (0.3)— 
Income from discontinued operations before income taxes14.6 30.0 19.5 
Provision for income taxes2.7 5.6 2.7 
Income from discontinued operations, net of income taxes$11.9 $24.4 $16.8 
The following is a summary of THP's assets and liabilities attributable to discontinued operations, which were included in our Consolidated Balance Sheet as of December 31, 2020:
December 31,
2020
(in millions)
Assets:
Receivables, net of allowance $34.6 
Inventories36.0 
Property, plant, and equipment, net34.6 
Goodwill61.6 
Other assets11.7 
Total assets, discontinued operations$178.5 
Liabilities:
Accounts payable$10.3 
Accrued liabilities4.7 
Other liabilities3.5 
Total liabilities, discontinued operations$18.5 
Spin-Off of Arcosa  
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]  
Disposal Groups, Including Discontinued Operations [Table Text Block] The following is a summary of Arcosa's operating results included in income from discontinued operations for the years ended December 31, 2021, 2020, and 2019:
Year Ended December 31,
202120202019
(in millions)
Revenues$— $— $— 
Cost of revenues— — — 
Selling, engineering, and administrative expenses— 0.2 4.1 
Other (income) expense— — — 
Loss from discontinued operations before income taxes— (0.2)(4.1)
Provision (benefit) for income taxes0.8 (0.1)(1.0)
Loss from discontinued operations, net of income taxes$(0.8)$(0.1)$(3.1)