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Other Operating Charges, net | 12 Months Ended
--- | ---
Dec. 31, 2023
Other Income and Expenses [Abstract] |
Other Operating Charges, net | Other Operating Charges, net The major components of “Other operating charges, net” in the Consolidated Statements of Operations are:
| Years Ended December 31,
| 2023 | 2022 | 2021
Costs associated with mill closure | $ | — |  | $ | 0.4 |  | $ | 50.0 |
Reorganization and other expenses | 1.8 |  | 1.6 |  | 8.4 |
Miscellaneous environmental accruals | — |  | — |  | (1.8) |
Impairment of equipment | 2.1 |  | 6.1 |  | — |
Directors' equity-based compensation expense | 0.9 |  | 0.9 |  | 1.1 |
Other | 0.4 |  | 0.7 |  | — |
| $ | 5.3 |  | $ | 9.7 |  | $ | 57.7 |
2023 During 2023, we recorded $5.3 million of expense in "Other operating charges, net". The main components of the expense include: •expense of $1.8 million related to reorganization and other expenses including consulting and legal fees associated with our efforts to achieve long-term performance improvements, •loss of $2.1 million associated with the impairment of equipment and related spare parts no longer being used; and •expense of $0.9 million relating to directors' equity-based compensation which is remeasured each period based upon changes in our stock price. 2022 During 2022, we recorded a $9.7 million net loss in "Other operating charges, net". The components of the net loss include: •expense of $0.4 million associated with mill closure costs, •loss of $6.1 million associated with the impairment of fixed assets, •expenses of $1.6 million related to reorganization and other expenses including consulting fees associated with our efforts to achieve long-term performance improvements, and •expense of $0.9 million relating to directors' equity-based compensation which is remeasured each period based upon changes in our stock price. 2021 During 2021, we recorded a $57.7 million net loss in "Other operating charges, net". The components of the net loss include: •expense of $50.0 million associated with mill closure, and subsequent sale of land, building and related equipment, including $37.2 million associated with the impairment of fixed assets and certain inventory and $12.8 million associated with severance and other related closure costs, •expenses of $8.4 million related to reorganization and other expenses including consulting fees associated with our efforts to achieve long-term performance improvements, •gain of $1.8 million associated with the release of asset retirement obligations attributable to divested assets, and •expense of $1.1 million relating to directors' equity-based compensation which is remeasured each period based upon changes in our stock price.

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- Definition The entire disclosure for other operating income and other operating expense items. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1 + Details
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