Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2013

Discontinued Operations and Disposal Groups [Abstract]

Results of discontinued operations [Table Text Block]

Summarized results of the Company’s discontinued operations are as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Revenue	$	115,560		$	118,338		$	202,926		$	227,163
(Loss) gain on sale and impairments, net of tax	$	(18,668	)	$	1,860		$	(18,668	)	$	1,860
Earnings from operations before taxes	12,968			12,428			$	18,577		$	18,162
Benefit from (provision for) income taxes	41,397			(5,343		)	48,802			(1,423		)
Earnings from operations, net of tax	54,365			7,085			67,379			16,739
Earnings from discontinued operations, net of tax	$	35,697		$	8,945		$	48,711		$	18,599

Assets and liabilities of discontinued operations [Table Text Block]

Assets and liabilities of discontinued operations are summarized below:

	June 30, 2013		December 31, 2012
Assets of Discontinued Operations
Accounts receivable	$	80,069	$	63,229
Inventories, net	53,380		51,252
Prepaid and other current assets	17,289		10,263
Total current assets	150,738		124,744
Property, plant and equipment, net	34,536		31,935
Goodwill and intangible assets, net	182,725		238,657
Other assets and deferred charges	3,825		2,209
Total assets	$	371,824	$	397,545
Liabilities of Discontinued Operations
Accounts payable	$	29,084	$	22,613
Other current liabilities	30,553		34,592
Total current liabilities	59,637		57,205
Deferred income taxes	30,404		64,853
Other liabilities	42,144		86,900
Total liabilities	$	132,185	$	208,958