Quarterly report pursuant to Section 13 or 15(d)

Other Operating Expense, Net

v3.20.1
Other Operating Expense, Net
 3 Months Ended
Mar. 31, 2020
Other Income and Expenses [Abstract]  
Other Operating Expense, Net
8. Other Operating Expense, Net:
A summary of other operating expense, net is as follows:
Three months ended
March 31,
2020 2019
Amortization expense $ 8,637    $ 8,664   
 Transaction and other related costs
 1,869    —   
Restructuring and other related costs 1,989    —   
 Net loss on asset disposals(1)
9,420    820   
Other, net 27    1,255   
$ 21,942    $ 10,739   

(1) During the three months ended March 31, 2020, the Company recognized a net loss of $9,907 related to the asset swap and a gain of $672 related to the sale of its interest in the Quaker Holdings joint venture. Refer to Note 6 to these condensed consolidated financial statements for details on the asset swap and Note 10 to these condensed consolidated financial statements for details on the sale of the Company’s interest in the Quaker Holdings joint venture.