The major components of “Other operating charges, net” in the Consolidated Statements of Operations for the quarter ended March 31, 2026 and 2025 are reflected in the table below and described in the paragraphs following the table. These items are considered outside of our core operations.


	Quarter Ended March 31,
	2026		2025

Integration costs	0.1		3.8
Cost reduction plan	0.7		5.3
Loss on sale or impairment associated with assets	—		0.1
Representation and warranty insurance proceeds	(11.9)		—
Directors' equity-based compensation expense	(0.7)		(0.4)
Other	0.6		3.0
	$	(11.1)	$	11.8

During the first quarter of 2026, we recorded $11.1 million of income in "Other Operating Charges, Net." The main components include:

•expense of $0.1 million associated with integration activities (primarily professional services);

•expense of $0.7 million associated with our cost reduction plan;

•proceeds of $11.9 million related to claims made on our representations and warranties insurance policy; and

•reversal of expense of $0.7 million relating to directors' equity-based compensation which is remeasured each period based upon changes in our stock price.

During the first quarter of 2025, we recorded $11.8 million of expense in "Other Operating Charges, Net." The main components include:

•expense of $3.8 million associated with integration activities related to the Augusta operations;

•expense of $5.3 million associated with our cost reduction plan (primarily severance cost);

•loss of $0.1 million associated with impairment of assets; and

•reversal of expense of $0.4 million relating to directors' equity-based compensation which is remeasured each period based upon changes in our stock price.