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Discontinued Operations and Disposal Groups (Tables)
12 Months Ended
Dec. 31, 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 Consolidated Statements of Income for the year ended December 31 2020. Net income (loss) from discontinued operations for the years ended December 31, 2022 and 2021 were immaterial.
Year Ended December 31,
(In thousands)2020
Revenues and other items:
Sales$110,246 
Other income (expense), net(333)
109,913 
Costs and expenses:
Cost of goods sold92,079 
Freight5,229 
Selling, general and administrative16,824 
Research and development8,863 
Asset impairments and costs associated with exit and disposal activities, net of adjustments1,529 
Loss on sale of business50,027 
Total174,551 
Income (loss) from discontinued operations before income taxes(64,638)
Income tax expense (benefit)(6,027)
Income (loss) from discontinued operations, net of tax$(58,611)
The following table provides significant operating and investing cash flow information for discontinued operations for the year ended December 31, 2020. There was no significant operating and investing cash flow information for the years ended December 31, 2022 and 2021.
Year Ended December 31,
(In thousands)2020
Operating activities:
Depreciation and amortization$5,511 
Loss on sale of Personal Care Films50,027 
Total55,538 
Investing activities:
Net proceeds on sale of Personal Care Films$55,115 
Capital expenditures(1,912)
Total$53,203