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DISCONTINUED OPERATIONS
 12 Months Ended
Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations and Assets Held for Sale
3. DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE

As part of a strategic portfolio review conducted in 2014, the Corporation identified certain businesses it considered non-core.
The Corporation considers businesses non-core when their products or services do not complement existing businesses and where the long-term growth and profitability prospects are below the Corporation’s expectations. As part of this initiative, the Corporation divested all five businesses during 2015 that were classified as held for sale as of December 31, 2014. The results of operations of these businesses are reported as discontinued operations within our Consolidated Statement of Earnings.

The aggregate financial results of all discontinued operations for the years ended December 31 were as follows:
(In thousands)
 
2018
2017
2016
 
Net sales
 
$
—

$
—

$
—

 
Loss from discontinued operations before income taxes
 
—

—

—

 
Income tax benefit / (expense)
 
—

—

(2,053
)
(1) 
Loss on sale of businesses
 
—

—

—

 
Loss from discontinued operations
 
$
—

$
—

$
(2,053
)
 


(1) Amount represents finalization of the income tax provision related to discontinued operations for the year ended December 31, 2015.