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Business Divestiture
6 Months Ended
Jun. 30, 2020
Discontinued Operations And Disposal Groups [Abstract]  
Business Divestiture

15. Business Divestiture

On January 31, 2020, the Company completed the sale of its previously held-for-sale business which was primarily in the United States segment selling cutting tools to the aerospace and automotive markets. Subject to customary purchase price adjustments as defined in the transaction agreement, the sale resulted in a loss of less than $1 million for the six months ended on June 30, 2020 and was included in impairment charges in the consolidated statements of operations.