Other Income, Net
|6 Months Ended|
Jun. 30, 2019
|Other Income, Net|
|Other Income, Net||
12. Other Income, Net
For the three and six months ended June 30, 2019, other income, net was income of $3.6 million and $3.2 million, respectively, primarily due to gains from insurance proceeds and a litigation settlement partially offset by foreign currency exchange losses. For the three and six months ended June 30, 2018, other income, net was income of $12.9 million and $11.3 million, respectively, primarily due to foreign currency exchange gains.
The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef