XML 63 R48.htm IDEA: XBRL DOCUMENT v3.3.1.900
Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
Summarized financial information for discontinued operations is as follows:
 
Year ended December 31,
(In thousands)
2015
 
2014
 
2013
Discontinued Operations
 
 
 
 
 
Net sales
$
43,043

 
$
47,516

 
$
52,692

Other income, net
580

 
660

 
40

Cost and expenses:
 
 
 
 
 
Cost of products sold
34,764

 
38,259

 
41,181

Selling, general and administrative
6,680

 
7,650

 
7,389

Restructuring and other charges
14

 

 

Currency exchange losses (gains), net
266

 
(116
)
 
(325
)
Income from discontinued operations before income taxes
1,899

 
2,383

 
4,487

Provision for income taxes
574

 
607

 
1,426

Income from discontinued operations, net of tax
1,325

 
1,776

 
3,061

The following assets and liabilities are included in the balance sheet line items noted below and are included in the International Segment detail in Note 7.
 
December 31,
(In thousands)
2015
 
2014
Discontinued Operations assets and liabilities
 
 
 
Trade receivables, less allowance for doubtful accounts
$
4,832

 
$
6,638

Inventories
8,499

 
11,829

Net property
449

 
342

Other assets
791

 
2,022

Total assets
14,571

 
20,831

Accounts payable
2,745

 
5,263

Accrued and other liabilities
748

 
991

Total liabilities
3,493

 
6,254

Net assets
11,078

 
14,577


The following summary provides financial information for discontinued operations related to net loss (income) related to noncontrolling interests:
 
Year ended December 31,
(In thousands)
2015
 
2014
 
2013
Net loss (income) attributable to noncontrolling interests
 
 
 
 
 
Loss from continuing operations
$
2,971

 
$
1,296

 
$
870

Loss (income) from discontinued operations
(108
)
 
(717
)
 
(672
)
Net loss
2,863

 
579

 
198