Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Results of discontinued operations

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

	Three Months Ended March 31,
	2015			2014
Revenue	$	64,495		$	283,680
Gain on sale, net of tax	87,354			—
Earnings (loss) from operations before taxes	8,980			(7,842		)
Provision for income taxes	(4,014		)	(2,061		)
Earnings (loss) from operations, net of tax	4,966			(9,903		)
Earnings (loss) from discontinued operations, net of tax	$	92,320		$	(9,903	)

Assets and liabilities of discontinued operations

Assets and liabilities of discontinued operations are summarized below:

	March 31, 2015		December 31, 2014
Assets of Discontinued Operations:
Accounts receivable	$	28,178	$	46,691
Inventories, net	43,624		58,401
Prepaid and other current assets	4,971		8,571
Total current assets	76,773		113,663
Property, plant and equipment, net	27,744		31,573
Goodwill and intangible assets, net	110,912		181,798
Other assets and deferred charges	—		137
Total assets	$	215,429	$	327,171
Liabilities of Discontinued Operations:
Accounts payable	$	15,505	$	21,199
Other current liabilities	6,111		17,675
Total current liabilities	21,616		38,874
Deferred income taxes	14,870		8,752
Other liabilities	225		3,092
Total liabilities	$	36,711	$	50,718