Company: NPO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001164863-25-000009
Chunk: 469

Company: Enpro Inc.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 469
---
.5 Goodwill impairment— 56.5 Foreign exchange losses related to the divestiture of a discontinued operation21.8 2.2 Long-term promissory note reserve34.5 — Other adjustments Other0.5 0.8 Adjusted income from continuing operations before income taxes195.9 177.5 Adjusted tax expense(49.0)(44.4)Income from redeemable non-controlling interest, net of taxes— 3.9 Adjusted income from continuing operations attributable to Enpro Inc.$146.9 21.1$6.96 4$137.0 21.0$6.54 4

37

Year Ended December 31,2022(In Millions Except Per Share Amounts)$Average common shares outstanding, diluted Per ShareIncome from continuing operations attributable to Enpro Inc.$6.7 20.9$0.32 Net income attributable to redeemable non-controlling interests(2.8)Income tax expense24.4 Income from continuing operations before income taxes28.3 Adjustments from selling, general, and administrative:Acquisition and divestiture expenses1.2 Non-controlling interest compensation allocation(0.7)Amortization of acquisition-related intangible assets74.8 Adjustments from other operating expense and cost of sales:Amortization of the fair value adjustment to acquisition inventory13.1 Restructuring and impairment costs2.9 Adjustments from other non-operating expenseAsbestos receivable adjustment2.8 Environmental reserve adjustments5.1 Costs associated with previously disposed businesses0.3 Net loss on sale of businesses0.6 Pension income (non-service cost)(3.6)Tax indemnification asset 10.9 Goodwill impairment60.6 Foreign exchange losses related to the divestiture of a discontinued operation23.8 Other adjustmentsOther0.2 Adjusted income from continuing operations before income taxes190.3 Adjusted tax expense(51.3)Income from redeemable non-controlling interest, net of taxes2.8 Adjusted income from continuing operations attributable to Enpro Inc.$141.8 20.96.794

Adjustments in the tables above only reflect amounts attributable to Enpro Inc. 

1In connection with the acquisition of Aseptic in 2019, we recognized a liability for uncertain tax positions and a related indemnification asset for the portion of that liability recoverable from