XML 26 R17.htm IDEA: XBRL DOCUMENT v3.22.1
Other Operating Charges, net (Notes)
3 Months Ended
Mar. 31, 2022
Other Income and Expenses [Abstract]  
Other Operating Income and Expense Other Operating Charges
The major components of “Other operating charges, net” in the Consolidated Statements of Operations for the quarter ended March 31, 2022 and 2021 are reflected in the table below and described in the paragraphs following the table. These items are considered outside of our core operations.
Quarter Ended March 31,
20222021
Reorganization and other expenses $1.5 $— 
Mill closure costs0.4 — 
Directors' equity-based compensation expense(1.4)0.4 
$0.5 $0.4 
2022
During the first quarter of 2022, we recorded $0.5 million of expenses in "Other operating charges, net." The components of the expense include:
expense of $1.5 million related to reorganization and other expenses including consulting fees associated with our efforts to achieve long-term performance improvements,
expense of $0.4 million associated with mill closure costs, and
reversal of expense of $1.4 million relating to directors' equity based compensation which is remeasured each period based upon changes in our stock price.
2021
During the first quarter of 2021, we recorded $0.4 million of expenses in "Other operating charges, net." The components of the expense include:
expense of $0.4 million relating to directors' equity based compensation which is remeasured each period based upon changes in our stock price.