Discontinued Operations (Tables)

6 Months Ended

Apr. 01, 2016

Discontinued Operations And Disposal Groups [Abstract]

Schedule of Discontinued Operations

The operating results of the discontinued operations for the three month period ended April 1, 2016, consisted of the following:

In Thousands	Avionics &		Sensors &			Advanced
	Controls		Systems			Materials			Other			Total
Net Sales	$	4,479	$	-		$	2,289		$	-		$	6,768
Operating earnings (loss)		1,072		(151	)		(2,874	)		(7	)		(1,960	)
Tax expense (benefit)		273		-			(210	)		-			63
Income (loss) from discontinued    operations	$	799	$	(151	)	$	(2,664	)	$	(7	)	$	(2,023	)
Included in Operating Earnings (Loss):
Gain (loss) on net assets held    for sale		326		-			(1,381	)		-			(1,055	)

The operating results of the discontinued operations for the six month period ended April 1, 2016, consisted of the following:

In Thousands	Avionics &		Sensors &			Advanced
	Controls		Systems			Materials			Other			Total
Net Sales	$	10,061	$	-		$	4,773		$	-		$	14,834
Operating earnings (loss)		1,969		(307	)		(8,867	)		(11	)		(7,216	)
Tax expense (benefit)		686		-			(1,099	)		-			(413	)
Income (loss) from discontinued    operations	$	1,283	$	(307	)	$	(7,768	)	$	(11	)	$	(6,803	)
Included in Operating Earnings (Loss):
Gain (loss) on net assets held    for sale		56		-			(3,628	)		-			(3,572	)

The operating results of the discontinued operations for the recast three month period ended March 27, 2015, consisted of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials			Other			Total
Net Sales	$	13,429		$	6,329	$	2,709		$	-		$	22,467
Operating earnings (loss)		(10,624	)		1,449		(4,236	)		(1,180	)		(14,591	)
Tax expense (benefit)		318			524		(420	)		(413	)		9
Income (loss) from discontinued    operations	$	(10,942	)	$	925	$	(3,816	)	$	(767	)	$	(14,600	)
Included in Operating Earnings (Loss):
Loss on net assets held for sale		(11,439	)		-		(3,008	)		-			(14,447	)

The operating results of the discontinued operations for the recast six month period ended March 27, 2015, consisted of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials			Other			Total
Net Sales	$	27,591		$	12,257	$	6,150		$	-		$	45,998
Operating earnings (loss)		(11,395	)		1,749		(11,221	)		(1,692	)		(22,559	)
Tax expense (benefit)		(89	)		672		(2,076	)		(590	)		(2,083	)
Income (loss) from discontinued    operations	$	(11,306	)	$	1,077	$	(9,145	)	$	(1,102	)	$	(20,476	)
Included in Operating Earnings (Loss):
Loss on net assets held for sale		(11,439	)		-		(3,008	)		-			(14,447	)

Assets and Liabilities Held for Sale within the Consolidated Balance Sheet at April 1, 2016, are comprised of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials		Total
Accounts receivable, net	$	4,341		$	-	$	221	$	4,562
Inventories		11,954			-		2,380		14,334
Prepaid expenses		82			-		239		321
Current Assets of Businesses Held for Sale		16,377			-		2,840		19,217
Net property, plant and equipment		5,417			-		9,463		14,880
Intangibles, net		-			-		3,779		3,779
Deferred income tax benefits		(147	)		-		1,370		1,223
Other assets		-			-		1,423		1,423
Non-Current Assets of Businesses Held for Sale		5,270			-		16,035		21,305
Accounts payable		765			-		1,837		2,602
Accrued liabilities		8,006			-		3,572		11,578
Current Liabilities of Businesses Held for Sale		8,771			-		5,409		14,180
Deferred income tax liabilities		-			-		319		319
Other liabilities		503			-		-		503
Non-Current Liabilities of Businesses Held for Sale		503			-		319		822
Net Assets of Businesses Held for Sale	$	12,373		$	-	$	13,147	$	25,520

Assets and Liabilities Held for Sale within the Consolidated Balance Sheet at October 2, 2015, were comprised of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials		Total
Accounts receivable, net	$	5,360		$	-	$	1,546	$	6,906
Inventories		14,763			-		5,841		20,604
Prepaid expenses		156			-		185		341
Current Assets of Businesses Held for Sale		20,279			-		7,572		27,851
Net property, plant and equipment		5,474			-		12,199		17,673
Intangibles, net		945			-		4,928		5,873
Deferred income tax benefits		(147	)		-		-		(147	)
Other assets		-			-		1,518		1,518
Non-Current Assets of Businesses Held for Sale		6,272			-		18,645		24,917
Accounts payable		1,878			-		4,837		6,715
Accrued liabilities		8,340			-		2,051		10,391
Current Liabilities of Businesses Held for Sale		10,218			-		6,888		17,106
Deferred income tax liabilities		-			-		194		194
Other liabilities		2,215			-		-		2,215
Non-Current Liabilities of Businesses Held for Sale		2,215			-		194		2,409
Net Assets of Businesses Held for Sale	$	14,118		$	-	$	19,135	$	33,253