Beanie babe! A smiling Busy Philipps steps out wearing a knit cap in NYC...just one day after confronting her ex Colin Hanks on live TV

Busy Philipps was all smiles when she left her hotel in New York City on Wednesday, despite what could have easily have been an awkward encounter with her ex just a day earlier.

Dressed in ripped blue jeans, white sneakers, and a white turtleneck sweater, the Cougar Town actress appeared to be having an animated phone conversation as she left The Bowery Hotel.

Clad in a red beanie and mirrored sunglasses, Busy had appeared on Live! With Kelly as a guest co-host the previous day, where she came face-to-face with her ex-boyfriend, Colin Hanks.

Beanie there, done that: Busy Philipps was in a great mood when she left her New York City hotel, despite coming face-to-face with her ex, Colin Hanks, a day earlier

On call: The former Cougar Town actress was seen chatting animatedly on her phone as she left The Bowery Hotel

But there appeared to be no animosity between the exes, despite dating for three years during their late teens and early twenties.

'We are very, very close friends now. His wife [Samantha Bryant] and I are very tight. He and my husband [Marc Silverstein] hang out,' said the 37-year-old actress. 'But we dated for a long time, actually. He's really excited that I am here co-hosting.'

Later in the show, Colin joked about having to sit opposite his ex on live TV.

Hosting duties: Just a day earlier, the 37-year-old had appeared on Live! With Kelly as a guest co-host

Well, this is awkward... Busy came face-to-face with her college boyfriend, Colin Hanks, while co-hosting Live! With Kelly alongside Kelly Ripa

'It’s not awkward going on national television and being interviewed by your old college girlfriend,' the 39-year-old said.

The pair first met while studying at Loyola Marymount University in LA, and claim their relationship ended because they were both 'jerks'.

But all that seems to be behind them now, with their shared experiences in show business cementing their long friendship.

Now and then: The actress shared this split-screen throwback photo with one taken backstage at Live! With Kelly, describing her interview with him as 'weird'

'We got our first television show the same week. We got our first movies within the same week. We were able to go through these really special moments in young actors' lives together,' Colin revealed. 'Now we also get to do morning school drop-off together! Our kids are in the same school.' 

It caps off a busy few days for the blonde beauty, who attended the Screen Actors Guild Awards in LA with her BFF Michelle Williams, 36, on Sunday.

The pair - who have been best friends since meeting on the set of 90's teen series Dawson's Creek - walked the red carpet hand-in-hand.  

Best Friends Forever: Busy walked the red carpet at the Screen Actors Guild Awards on Sunday hand-in-hand with her BFF Michelle Williams

Stunners: The gorgeous gal pals posed for selfies from inside the SAG Awards. 'Sequins all day everyday,' Busy wrote on Instagram

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