4. Discontinued Operations

Tradin Organic

On December 30, 2020, the Company completed the divestiture of its organic ingredient sourcing and production business, Tradin Organic, by selling all of the Company's interests and rights in The Organic Corporation B.V. and Tradin Organics USA LLC to Amsterdam Commodities N.V. (the "Purchaser") for cash consideration of $373.7 million (€305.1 million), net of cash acquired and debt assumed by the Purchaser and subject to certain post-closing adjustments (the "Transaction"). The global operations of Tradin Organic included its organic and non-GMO ingredient sourcing operations centered in Amsterdam, The Netherlands, and Scott's Valley, California, together with its consumer-packaged premium juice co-manufacturing business, and its cocoa, sunflower, sesame, and avocado ingredient processing facilities located in the Netherlands, Bulgaria, and Ethiopia. Prior to its divestiture, Tradin Organic comprised the Company's former Global Ingredients operating segment.

The following table presents the major components of the results of discontinued operations reported in the consolidated statement of operations for the quarter and three quarters ended September 26, 2020:

	Quarter ended		Three quarters ended
	September 26, 2020		September 26, 2020
	$		$
Revenues	123,322		378,217
Cost of goods sold	108,281		330,196
Selling, general and administrative expenses⁽¹⁾	7,218		20,910
Intangible asset amortization	334		1,117
Other income, net	(39	)	(1,390	)
Foreign exchange loss	1,222		1,819
Interest expense⁽²⁾	658		1,796
Earnings before gain of sale	5,648		23,769
Earnings from discontinued operations before income taxes	5,648		23,769
Income tax provision	1,482		6,382
Earnings (loss) attributable to non-controlling interests	202		(42	)
Earnings from discontinued operations	3,964		17,429

(1) Selling, general and administrative expenses exclude management fees charged by SunOpta Corporate Services and include stock-based compensation expense attributable to employees of Tradin Organic.

(2) Interest expense reflects interest on debt directly attributable to Tradin Organic including borrowings by Tradin Organic under the Dutch subfacility of the Company's former Global Credit Facility.

During the first three quarters of 2021, the Company paid $13.4 million to settle accrued transaction costs related to the Tradin Organic divestiture and paid $0.2 million to settle the final contingent consideration obligation related to a prior acquisition of a premium juice business included in the disposed operations of Tradin Organic. These payments were recorded as cash used in investing and financing activities of discontinued operations, respectively, on the consolidated statement of cash flows for the three quarters ended October 2, 2021.