Quarterly report pursuant to Section 13 or 15(d)

Other Operating Expense, Net (Tables)

v3.20.2
Other Operating Expense, Net (Tables)
 9 Months Ended
Sep. 30, 2020
Other Income and Expenses [Abstract]  
Schedule of Other Operating Expense, Net
A summary of other operating expense, net is as follows:
Three months ended
September 30,		 Nine months ended
September 30,
2020 2019 2020 2019
Amortization expense $ 8,653  $ 8,607  $ 25,840  $ 25,907 
 Transaction and other related costs 3,116  2,930  5,760  3,938 
Restructuring, integration and business optimization costs(1)
4,577  539  9,617  650 
 Net (gain) loss on asset disposals(2)
(4,453) 1,136  3,948  (7,697)
 Environmental related costs
 7  1,174  553  2,501 
Other, net 482  1,409  1,341  3,054 
$ 12,382  $ 15,795  $ 47,059  $ 28,353 

(1)During the three and nine months ended September 30, 2020 and 2019, the Company’s results were impacted by costs associated with the execution of the Company’s Simpler + Stronger strategic initiatives. Reclassifications have been made to the historical “Other, net” line item to conform with the current year presentation.
(2)During the three and nine months ended September 30, 2020, the Company recognized a pre-tax gain of $4,958 related to the sale of a product line. Refer to Note 7 of these condensed consolidated financial statements for additional details.
During the nine months ended September 30, 2020, the Company recorded a loss of $6,475 related to the asset swap, which is reflected in net (gain) loss on asset disposals. Refer to Note 6 to these condensed consolidated financial statements for details on the asset swap.
During the nine months ended September 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.