Discontinued Operation

9 Months Ended

Sep. 30, 2019

Discontinued Operation

Discontinued Operation

3. Discontinued Operation

On August 3, 2018, the Company completed the sale of its United Kingdom facilities that comprised the U.K. Limited reporting segment. The Company reported the sale of the U.K. Limited reporting segment as discontinued operations and restated the comparative financial information for all periods presented in conformity with GAAP.  The Company did not retain significant continuing involvement with the discontinued operation subsequent to the disposal.

The major line items constituting the loss from the discontinued operation for the three and nine months ended September 30, 2018 are presented in the table below.  The amounts relating to the discontinued operation for the three and nine months ended September 30, 2019 were not significant.    

	Three Months Ended		Nine Months Ended
	September 30, 2018		September 30, 2018
Total net sales	$	1,943	$	10,741
Total cost of sales		1,721		10,221
Selling, general and administrative		1,238		4,303
Impairments		-		7,615
Other expense		4,009		4,038
Pretax (loss) from discontinued operation		(5,025)		(15,436)
Pretax loss on sale of discontinued operation		(5)		(7,248)
Total pretax loss on discontinued operation		(5,030)		(22,684)
Income tax benefit		-		133
Net (loss) from discontinued operation	$	(5,030)	$	(22,551)