ASSETS AND LIABILITIES HELD FOR SALE
|6 Months Ended|
Jun. 30, 2022
|ASSETS AND LIABILITIES HELD FOR SALE|
|ASSETS AND LIABILITIES HELD FOR SALE||
10. ASSETS AND LIABILITIES HELD FOR SALE
In October 2021, the Company designated our Daventry, UK facility as held for sale. Accordingly, during 2021, the Company determined that the assets and liabilities associated with the Daventry facility met the criteria for classification as held for sale but did not meet the criteria for classification as discontinued operations as the deconsolidation did not represent a strategic shift in the business. Total assets and liabilities associated with the Daventry facility were $251 and $106, respectively, and are presented in our consolidated balance sheet as of June 30, 2022 as current assets held for sale and current liabilities held for sale, respectively. The Company is actively marketing this facility and expects to complete the sale of this facility in 2022.
No definition available.
The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef