Discontinued Operations

6 Months Ended

Jun. 30, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

The results of operations for the Company’s discontinued operations, which include certain operations that were sold or exited in certain prior years, are as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
(in thousands)	2015		2014		2015		2014
Net sales	$	—	$	—	$	—	$	—
Restructuring charges	—		11		—		16
Gain before income taxes	63		241		76		276
Income tax expense	24		94		29		108
Net income	39		147		47		168

The assets and liabilities of discontinued operations reflected on the consolidated balance sheets at June 30, 2015 and December 31, 2014 are as follows:

(in thousands)	June 30,   2015		December 31,   2014
Prepaid expenses and other current assets	$	—	$	7
Current assets of discontinued operations	—		7
Accrued expenses and other liabilities	—		175
Current portion of restructuring reserve	—		71
Current liabilities of discontinued operations	$	—	$	246