DISCONTINUED OPERATIONS (Table)

12 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Summary of Aggregate Financial Results of Discontinued Operations

The aggregate financial results of all discontinued operations for the years ended December 31 were as follows:

(In thousands)	2017		2016				2015
Net sales	$	—	$	—			$	57,992
Loss from discontinued operations before income taxes (1)	—		—				(40,984		)
Income tax benefit / (expense)	—		(2,053		)	(3)	7,926
Loss on sale of businesses (2)	—		—				(13,729		)
Loss from discontinued operations	$	—	$	(2,053	)		$	(46,787	)

⁽¹⁾ Loss from discontinued operations before income taxes includes approximately $40.8 million of held for sale impairment expense in the year ended December 31, 2015.

⁽²⁾ In the year ended December 31, 2015, the Corporation recognized aggregate after tax losses of $13.7 million on the sale of the Aviation Ground, Downstream Oil & Gas, Engineered Packaging and two surface technology businesses.