Our pre-tax operating income for the years ended December 31, 2013, 2012, and 2011 was impacted by the following additional items (in millions):
| 2013 | 2012 | 2011 | ||||||||||
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Australia distribution one-time sale (a) |
$ | — | $ | — | $ | (23.6 | ) | |||||
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Acquisition and integration-related (gains) charges (b)(c)(d) |
(10.3 | ) | 18.4 | 25.0 | ||||||||
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Other charges (credits) included in Cost of goods sold (e) |
0.1 | (0.3 | ) | 15.6 | ||||||||
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Other charges included in Selling, general and administrative expense (e)(f) |
9.1 | 4.2 | 0.9 | |||||||||
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| $ | (1.1 | ) | $ | 22.3 | $ | 17.9 | ||||||
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| (a) |
Relates to the one-time sale of inventory associated with the transition to a new long-term manufacturing and distribution agreement in Australia. This amount consists of $46.3 million included in “Net sales” and $22.7 million included in “Cost of goods sold” in the consolidated statement of income. |
| (b) | In 2013, the gain primarily relates to a $12.2 million decrease in the fair value of estimated contingent consideration for our Skinnygirl ready-to-serve cocktail business (included in “Selling, general, and administrative expense”) based on revised estimated sales levels, which was partially offset by accelerated depreciation expense (included in “Cost of goods sold”) incurred with integrating the Pinnacle business into our operations. |
| (c) | In 2012, the charges relate to the acquisition and integration of the Pinnacle business and Cooley business. The charges in 2012 impacting “Selling, general, and administrative expense” primarily consist of: contract termination expenses of $10 million and transaction-related expenses of $5 million. Contract termination fees are primarily based on actual settlement agreements, but where a settlement agreement has not been reached, we recorded an estimated liability. |
| (d) | In 2011, the charge relates to an increase in the fair value of estimated contingent consideration for our Skinnygirl ready-to-serve cocktails business based on revised estimated sales levels. |
| (e) | Other charges for 2011 primarily consist of charges related to a pension curtailment, accelerated depreciation for fixed assets taken out of service early and the write-down of inventory associated with discontinued brands partially offset by a net benefit related to settlement of a non-income tax matter. |
| (f) | Other charges for 2013 and 2012 primarily represent legal, forensic accounting and other third-party expenses related to our India investigation. |