Other Income (Loss), Net



(In thousands)	2016		2015			2014
Interest income	$	2,827	$	1,525		$	1,822
Gain on asset dispositions, net	593		1,724			2,094
Other, net	710		836			(1,101		)
Disposal of non-core product lines	—		(4,223		)	—
Impairment of intangible assets	—		(723		)	—
Land impairment loss	—		—			(50		)
Total other income (loss), net	$	4,130	$	(861	)	$	2,765

During the year ended December 31, 2016, we recognized $2.8 million of income related to interest earned on cash balances and notes receivable from insurance companies. Please refer to Note 19 Contingencies to the Consolidated Financial Statements in Part II Item 8 of this Form 10-K for further discussion on the Company's notes receivable from insurance companies.

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 Americas 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 Americas segment. Additionally, we recognized a $2.0 million gain on the sale of property in Australia, which is part of our International segment, 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 in our International segment. 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.