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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2016
Discontinued Operations And Disposal Groups [Abstract]  
Assets and Liabilities and Statements of Operations of Discontinued Operation

The following table presents the assets and liabilities, as of December 31, 2016 and 2015, of the components of the Company designated as discontinued operations as of December 31, 2016:

 

 

December 31,

 

(In millions)

2016

 

 

2015

 

Current assets

$

 

 

$

0.3

 

Current liabilities

 

 

 

 

0.1

 

Noncurrent liabilities

 

 

 

 

0.7

 

The following table presents the operating results, for the years ended December 31, 2016, 2015 and 2014, for the components of the Company designated as discontinued operations as of December 31, 2016:

 

 

Year Ended December 31,

 

(In millions)

 

2016

 

 

 

2015

 

 

 

2014

 

Revenues

$

 

 

$

0.7

 

 

$

39.8

 

Cost of sales

 

 

 

 

0.4

 

 

 

25.3

 

Gross profit

 

 

 

 

0.3

 

 

 

14.5

 

Selling, general and administrative expenses

 

0.3

 

 

 

0.5

 

 

 

6.5

 

Other operating expense

 

 

 

 

 

 

 

1.1

 

Operating profit (loss)

 

(0.3

)

 

 

(0.2

)

 

 

6.9

 

Nonoperating income, net

 

1.2

 

 

 

44.7

 

 

 

2.3

 

Earnings before income taxes

 

0.9

 

 

 

44.5

 

 

 

9.2

 

Income tax expense

 

0.3

 

 

 

19.6

 

 

 

3.7

 

Earnings from discontinued operations, net of income taxes

$

0.6

 

 

$

24.9

 

 

$

5.5