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Discontinued Operations and Disposal Groups (Tables) | 6 Months Ended
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Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations | The following table summarizes the financial results of discontinued operations reflected in the condensed consolidated statements of income for the three and six months ended June 30, 2022 and 2021:
| Three Months Ended June 30, |  | Six Months Ended June 30,
(In thousands) | 2022 |  | 2021 |  | 2022 |  | 2021
Costs and expenses: |  |  |  |  |  |  |
Selling, general and administrative | (81) |  |  | 169 |  |  | (37) |  |  | 1,219 |
Adjustment to the fair value estimates used in the disposal of Personal Care Films(a) | — |  |  | (819) |  |  | — |  |  | (1,118) |
Total | (81) |  |  | (650) |  |  | (37) |  |  | 101 |
Income (loss) from discontinued operations before income taxes | 81 |  |  | 650 |  |  | 37 |  |  | (101) |
Income tax expense (benefit) | — |  |  | 142 |  |  | (10) |  |  | (22) |
Income (loss) from discontinued operations, net of tax | $ | 81 |  |  | $ | 508 |  |  | $ | 47 |  |  | $ | (79) |
(a) Represents a net increase to the estimated fair value of Personal Care Films primarily due to lower costs associated with IT transition-related services to provide the seller developed assets, which did not exist at the time of the sale, to support the seller's IT infrastructure.
The assets and liabilities of the discontinued operations reflected in the condensed consolidated balance sheets as of June 30, 2022 and December 31, 2021, respectively, were as follows:
| June 30, |  | December 31,
(In thousands) | 2022 |  | 2021
Assets |  |  |
Prepaid expenses and other (a) | $ | 151 |  |  | $ | 178 |
Liabilities |  |  |
Accrued expenses (a) | $ | 71 |  |  | $ | 193 |
(a) The condensed consolidated balance sheet of discontinued operations as of June 30, 2022 includes $0.2 million of other receivables related to the settlement of customary post-closing adjustments and other miscellaneous accrued expenses of $0.1 million. The condensed consolidated balance sheet of discontinued operations as of December 31, 2021 includes $0.2 million of other receivables related to the settlement of customary post-closing adjustments and other miscellaneous accrued expenses of $0.2 million.
The following table provides significant operating and investing cash flow information for discontinued operations:
| Six Months Ended June 30,
(In thousands) | 2022 |  | 2021
Operating activities |  |  |
Other | — |  |  | (1,118) |

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