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DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Table)
6 Months Ended
Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Aggregate Financial Results of Discontinued Operations
The aggregate financial results of all discontinued operations for the three and six months ended June 30, 2016 and 2015 were as follows:

 
 
Three Months Ended
 
Six Months Ended
(In thousands)
 
June 30,
 
June 30,
 
 
2016
 
2015
 
2016
 
2015
Net sales
 
$

 
$
23,025

 
$

 
$
57,284

Earnings / (loss) from discontinued operations before income taxes (1)
 

 
153

 

 
(39,959
)
Income tax benefit / (expense)
 

 
(3,759
)
 

 
8,956

Loss on sale of businesses (2)
 

 
(10,778
)
 

 
(10,613
)
Loss from discontinued operations
 
$

 
$
(14,384
)
 
$

 
$
(41,616
)



(1) Loss from discontinued operations before income taxes includes approximately $41 million of held for sale impairment expense recorded in the six months ended June 30, 2015.

(2) Net of tax benefit for the three and six months ended June 30, 2015 of $3.1 million, respectively.