Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2014

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Restructuring and Related Costs

The restructuring charges for the three and nine months ended September 30, 2014 and 2013 are presented in the following tables.

	Three Months Ended September 30,
	2014						2013
Segment	Cost of sales		Selling, general and administrative		Total		Cost of sales		Selling, general and administrative		Total
Distribution	$	—	$	4	$	4	$	—	$	25	$	25
Material Handling	112		230		342		—		—		—
Total	$	112	$	234	$	346	$	—	$	25	$	25

	Nine Months Ended September 30,
	2014						2013
Segment	Cost of sales		Selling, general and administrative		Total		Cost of sales		Selling, general and administrative		Total
Distribution	$	—	$	764	$	764	$	—	$	117	$	117
Material Handling	189		260		449		177		48		225
Corporate	—		—		—		—		17		17
Total	$	189	$	1,024	$	1,213	$	177	$	182	$	359

Lawn and Garden Segment and WEK

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

Summarized selected financial information for the Lawn and Garden Segment and WEK for the three and nine months ended September 30, 2014 and 2013, are presented in the following table.

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2014			2013			2014*			2013
Net sales	$	44,957		$	53,478		$	149,634		$	173,916
Income (loss) from discontinued operations before income taxes	$	758		$	(188	)	$	(9,908	)	$	3,430
Income tax expense (benefit)	(117		)	183			(3,694		)	807
Income (loss) from discontinued operations	875			(371		)	(6,214		)	2,623
Net gain on sale of discontinued operations, net of tax of $1.3 million	—			—			2,428			—
Income (loss) from discontinued operations	$	875		$	(371	)	$	(3,786	)	$	2,623

* Includes WEK operating results through June 20, 2014.

Myers Industries, Inc. and Subsidiaries

Notes to Unaudited Condensed Consolidated Financial Statements

(Dollar amounts in thousands, except where otherwise indicated)

The assets and liabilities of discontinued operations are stated separately as of September 30, 2014 and December 31, 2013, in the Condensed Consolidated Statements of Financial Position (Unaudited) and are comprised of the following items:

	September 30,		December 31,
	2014		2013
Assets
Accounts receivable-net	$	26,256	$	37,527
Inventories	56,809		53,401
Prepaid expenses and other current assets	1,417		1,832
Income taxes refundable	1,889		—
Goodwill	9,220		9,567
Patents and other intangible assets, net	6,262		6,860
Property, plant and equipment, net	38,219		51,028
Other	743		353
Total Assets Held for Sale	$	140,815	$	160,568
Liabilities
Accounts payable	$	22,658	$	29,366
Accrued expenses and other liabilities	12,331		18,503
Total Liabilities Held for Sale	$	34,989	$	47,869

Lawn and Garden

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

Schedule of Restructuring and Related Costs

Restructuring charges related to discontinued operations for the three and nine months ended September 30, 2014 and 2013 are presented in the following table:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Severance and personnel	$	428	$	50	$	1,596	$	310
Other exit costs	187		943		3,461		1,822
Total	$	615	$	993	$	5,057	$	2,132