The major components of “Other operating charges, net” in the Consolidated Statements of Operations for the quarter and nine months ended September 30, 2023 and 2022 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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
Reorganization and other expenses	$	—	$	—	$	—	$	1.6
Costs associated with mill closure	—		—		—		0.4
Loss on sale or impairment associated with assets	0.3		1.2		1.4		5.8
Directors' equity-based compensation expense	1.0		1.0		0.6		0.7
Other	0.5		—		0.4		—
	$	1.8	$	2.2	$	2.4	$	8.5

During the third quarter of 2023, we recorded $1.8 million of expense in "Other operating charges, net." The main components of the expense include:

•loss of $0.3 million associated with the impairment of equipment and related spare parts no longer being used; and

•expense of $1.0 million relating to directors' equity-based compensation which is remeasured each period based upon changes in our stock price.

During the second quarter of 2023, we recorded $0.4 million of income in "Other operating charges, net." The main components of the income include:

•reversal of expense of $0.2 million relating to directors' equity-based compensation which is remeasured each period based upon changes in our stock price.

During the first quarter of 2023, we recorded $1.1 million of expense in "Other operating charges, net." The main components of the expense include:

•loss of $1.1 million associated with the impairment of equipment and related spare parts no longer being used; and

•reversal of expense of $0.2 million relating to directors' equity-based compensation which is remeasured each period based upon changes in our stock price.

During the third quarter of 2022, we recorded $2.2 million of expense in "Other operating charges, net." The components of the expense include:

•loss of $1.2 million associated with the impairment of equipment no longer being used; and

•expense of $1.0 million relating to directors' equity-based compensation which is remeasured each period based upon changes in our stock price.

During the second quarter of 2022, we recorded $5.7 million of expense in "Other operating charges, net." The components of the expense include:

•loss of $4.6 million associated with the impairment of equipment previously located at a closed facility which will not be re-installed; and

•expense of $1.1 million relating to directors' equity-based compensation which is remeasured each period based upon changes in our stock price.

During the first quarter of 2022, we recorded $0.5 million of expense 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;

•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.