Company: NPO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001164863-25-000009
Chunk: 552

Company: Enpro Inc.
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 552
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 sold, including $3.1 million of payments made in the first quarter of 2023. We recorded a pre-tax gain of  $189.1 million as part of our discontinued operations in the fourth quarter of 2022. The sale of  GGB included a subsidiary of our Sealing Technologies segment which is not part of the discontinued operations described above. We recorded a pre-tax loss of $0.4 million related to the sale of this subsidiary. The loss on sale as well as operating activity of this subsidiary are included in continuing operations up to the date of the sale. 

95

The results of our discontinued operations were as follows:Years Ended December 31,20232022(in millions)Net sales$2.0 $188.9 Cost of sales1.3 124.6 Gross profit0.7 64.3 Operating expenses:Selling, general, and administrative expenses0.4 43.8 Other— 0.2 Total operating expenses0.4 44.0 Operating income from discontinued operations0.3 20.3 Income from discontinued operations before income taxes0.3 20.3 Income tax benefit (expense)(0.1)1.8 Income from discontinued operations, net of taxes before gain from sale of discontinued operations0.2 22.1 Gain from sale of discontinued operations, net of taxes11.2 176.3 Income from discontinued operations, net of taxes$11.4 $198.4 

SCHEDULE IIValuation and Qualifying AccountsFor the Years Ended December 31, 2024, 2023 and 2022 (in millions)Allowance for Doubtful Accounts Balance,Beginningof YearExpense (income)Write-off ofReceivablesOther (1)Balance,End of Year2024$2.0 $(0.1)$(1.1)$0.2 $1.0 2023$2.9 $(0.3)$(0.7)$0.1 $2.0 2022$2.1 $1.0 $(0.2)$— $2.9  (1)Consists primarily of the effect of changes in currency rates.Deferred Income Tax Valuation Allowance Balance,Beginningof YearExpense (income)Other (2)Balance,End of Year2024$2