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Other Income (Loss), Net
12 Months Ended
Dec. 31, 2015
Other Income and Expenses [Abstract]  
Other Income (Loss), Net
Other Income (Loss), Net
(In thousands)
2015
 
2014
 
2013
Interest income
$
1,525

 
$
1,822

 
$
1,142

Gain on asset dispositions, net
1,724

 
2,094

 
436

Land impairment loss

 
(50
)
 
(1,557
)
Disposal of non-core product lines
(4,223
)
 

 

Impairment of intangible assets
(723
)
 

 

Other, net
836

 
(1,101
)
 
(196
)
Total
$
(861
)
 
$
2,765

 
$
(175
)

During the year ended December 31, 2015, we recorded $4.2 million of losses associated with the disposal of net assets related to the Safety Works business in our North American Segment. A discounted cash flow valuation was also performed and showed that the book value of intangible assets used to support certain non-core product sales exceeded their fair value by $0.7 million in our North American Segment. Additionally, we recognized a $2.0 million gain on the sale of property in Australia as the Company continues to right-size operations and optimize its global footprint.
During the year ended December 31, 2014, we recognized a $2.2 million gain on the sale of detector tube assets. All proceeds associated with this transaction were collected in 2014. Under the terms of the transitional agreements, we continued to manufacture and sell detector tubes on behalf of the buyer until mid-2014.
During the year ended December 31, 2013, impairment charges were taken on land not used in operations.