Quarterly report pursuant to Section 13 or 15(d)

Other Operating Expense, Net

v3.20.2
Other Operating Expense, Net
 6 Months Ended
Jun. 30, 2020
Other Income and Expenses [Abstract]  
Other Operating Expense, Net
9. Other Operating Expense, Net:
A summary of other operating expense, net is as follows:
Three months ended
June 30,		 Six months ended
June 30,
2020 2019 2020 2019
Amortization expense $ 8,550    $ 8,636    $ 17,187    $ 17,300   
 Transaction and other related costs
 775    943    2,644    1,008   
Restructuring and other related costs 3,051    80    5,040    111   
 Net (gain) loss on asset disposals(1)
(1,020)   (9,659)   8,401    (8,839)  
 Environmental related costs
 537    848    546    1,327   
Other, net 842    971    859    1,651   
$ 12,735    $ 1,819    $ 34,677    $ 12,558   

(1)During the six months ended June 30, 2020, the Company completed the purchase price allocation related to the asset swap. In doing so, the Company reduced its provisional loss on disposal of $9,907 (which was recorded during the three month period ended March 31, 2020) to a loss of $6,475, which is reflected in net (gain) loss on asset disposals during the six months ended June 30, 2020. The $3,432 reduction to the loss on the asset swap is reflected in net (gain) loss on asset disposals during the three months ended June 30, 2020. Refer to Note 6 to these condensed consolidated financial statements for details on the asset swap.
During the three and six months ended June 30, 2019, the Company recognized a gain of $11,362 related to the sale of a product line. Refer to Note 7 of these condensed consolidated financial statements for additional details.