Discontinued Operations (Tables)

9 Months Ended

Jun. 29, 2018

Discontinued Operations And Disposal Groups [Abstract]

Schedule of Discontinued Operations

The operating results of the discontinued operations for the three months ended June 29, 2018, consisted of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials			Other			Total
Net Sales	$	-		$	-	$	-		$	-		$	-
Operating earnings (loss)		(1,182	)		-		(1,452	)		(17	)		(2,651	)
Tax expense (benefit)		(35	)		-		(722	)		-			(757	)
Income (loss) from discontinued    operations	$	(1,147	)	$	-	$	(730	)	$	(17	)	$	(1,894	)
Included in Operating Earnings (Loss):
Gain (loss) on net assets    held for sale	$	(1,041	)	$	-	$	(1,134	)	$	-		$	(2,175	)

The operating results of the discontinued operations for the three months ended June 30, 2017, consisted of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials			Other			Total
Net Sales	$	-		$	-	$	270		$	-		$	270
Operating earnings (loss)		(594	)		-		(598	)		(3	)		(1,195	)
Tax expense (benefit)		(62	)		-		(318	)		-			(380	)
Income (loss) from discontinued    operations	$	(532	)	$	-	$	(280	)	$	(3	)	$	(815	)
Included in Operating Earnings (Loss):
Gain (loss) on net assets    held for sale	$	163		$	-	$	709		$	-		$	872
Gain on sale of discontinued    operations		(395	)		-		-			-			(395	)

The operating results of the discontinued operations for the nine months ended June 29, 2018, consisted of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials			Other			Total
Net Sales	$	-		$	-	$	-		$	-		$	-
Operating earnings (loss)		(299	)		-		(2,942	)		(67	)		(3,308	)
Tax expense (benefit)		(2	)		-		(1,156	)		(13	)		(1,171	)
Income (loss) from discontinued    operations	$	(297	)	$	-	$	(1,786	)	$	(54	)	$	(2,137	)
Included in Operating Earnings (Loss):
Gain (loss) on net assets    held for sale	$	(291	)	$	-	$	(489	)	$	-		$	(780	)

The operating results of the discontinued operations for the nine months ended June 30, 2017, consisted of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials			Other			Total
Net Sales	$	4,964		$	-	$	270		$	-		$	5,234
Operating earnings (loss)		(713	)		893		(7,214	)		(896	)		(7,930	)
Tax expense (benefit)		(492	)		-		(941	)		(312	)		(1,745	)
Income (loss) from discontinued    operations	$	(221	)	$	893	$	(6,273	)	$	(584	)	$	(6,185	)
Included in Operating Earnings (Loss):
Gain (loss) on net assets    held for sale	$	77		$	-	$	(3,614	)	$	-		$	(3,537	)
Gain on sale of discontinued    operations		793			-		-			-			793

Assets and Liabilities Held for Sale within the Consolidated Balance Sheet at June 29, 2018, are comprised of the following:

In Thousands	Avionics &		Sensors &		Advanced
	Controls		Systems		Materials		Total
Other current assets	$	-	$	-	$	4,052	$	4,052
Current Assets of Businesses Held for Sale		-		-		4,052		4,052
Net property, plant and equipment		4,221		-		-		4,221
Other assets		-		-		8,411		8,411
Non-Current Assets of Businesses Held for Sale		4,221		-		8,411		12,632
Accounts payable		-		-		12		12
Accrued liabilities		-		-		3,200		3,200
Current Liabilities of Businesses Held for Sale		-		-		3,212		3,212
Deferred income tax liabilities		-		-		2,590		2,590
Other liabilities		-		-		320		320
Non-Current Liabilities of Businesses Held for Sale		-		-		2,910		2,910
Net Assets of Businesses Held for Sale	$	4,221	$	-	$	6,341	$	10,562

Assets and Liabilities Held for Sale within the Consolidated Balance Sheet at September 29, 2017, were comprised of the following:

In Thousands	Avionics &		Sensors &		Advanced
	Controls		Systems		Materials		Total
Other current assets	$	-	$	-	$	6,501	$	6,501
Current Assets of Businesses Held for Sale		-		-		6,501		6,501
Net property, plant and equipment		5,262		-		-		5,262
Other assets		-		-		8,072		8,072
Non-Current Assets of Businesses Held for Sale		5,262		-		8,072		13,334
Accounts payable		-		-		138		138
Accrued liabilities		-		-		7,046		7,046
Current Liabilities of Businesses Held for Sale		-		-		7,184		7,184
Deferred income tax liabilities		-		-		1,404		1,404
Other liabilities		-		-		320		320
Non-Current Liabilities of Businesses Held for Sale		-		-		1,724		1,724
Net Assets of Businesses Held for Sale	$	5,262	$	-	$	5,665	$	10,927