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Discontinued Operations and Disposal Groups | Jun. 30, 2021
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Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations, Disclosure | Discontinued Operations On August 17, 2021, the Company sold its Oxford business to an affiliate of H.I.G. Capital for $525.0 million. Included in the nine months ended September 30, 2021, was a $218.6 million ($149.3 million net of income taxes) gain from the sale. The financial results of that business are reported as discontinued operations in the accompanying condensed consolidated statements of operations. There were no significant operating results from discontinued operations subsequent to December 31, 2021. The following table summarizes the results of operations of the Oxford business (in millions):
| Three Months Ended |  | Nine Months Ended |  |  |  |
| September 30, 2021 |  | September 30, 2021 |  |  |  |  |  |  |  |
Revenues | $ | 71.6 |  |  | $ | 324.3 |  |  |  |  |  |  |  |  |
Costs of services | 49.0 |  |  | 223.0 |  |  |  |  |  |  |  |  |
Gross profit | 22.6 |  |  | 101.3 |  |  |  |  |  |  |  |  |
Selling, general and administrative expenses | 27.5 |  |  | 89.9 |  |  |  |  |  |  |  |  |
Amortization of intangible assets | 0.1 |  |  | 0.4 |  |  |  |  |  |  |  |  |
Income (loss) before income taxes | (5.0) |  |  | 11.0 |  |  |  |  |  |  |  |  |
Provision (benefit) for income taxes | (1.4) |  |  | 1.8 |  |  |  |  |  |  |  |  |
Gain on sale, net of income taxes | 149.3 |  |  | 149.3 |  |  |  |  |  |  |  |  |
Income from discontinued operations, net of income taxes | $ | 145.7 |  |  | $ | 158.5 |  |  |  |  |  |  |  |  |
During the nine months ended September 30, 2022, the Company received $9.8 million related to the finalization of the purchase price. The following table provides select cash flow information related to the Oxford business for the nine months ended September 30, 2021 (in millions):
Net cash provided by operating activities |  |  | $ | 8.2 |
Net cash provided by (used in) investing activities |  |  |
Cash received from sale of discontinued operations |  |  | 499.1 |
Other |  |  | (3.9) |
|  |  | $ | 495.2 |

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=2122178 + Details
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