Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2013

Selected financial data for the operations of the disposed Furniture Components business is presented below:

	Years ended December 31,
	2011		2012
	(In thousands)

Net sales	$	59,021	$	60,722
Income from operations	$	9,061	$	7,364
Income from discontinued operations:
Income before taxes	$	9,045	$	7,284
Income tax expense		4,974		3,484
Income from discontinued operations, net of tax		4,071		3,800
Gain on sale of discontinued operations:
Gain on sale		-		23,674
Income tax expense		-		5,581
Gain on sale discontinued operations, net of tax		-		18,093
Total discontinued operations, net of tax		4,071		21,893
Noncontrolling interest in income from discontinued operations, net of tax		542		494
Noncontrolling interest in gain on sale of discontinued operations, net of tax		-		3,593
Total noncontrolling interest in discontinued operations, net of tax		542		4,087
Total discontinued operations, net of tax and noncontrolling interest	$	3,529	$	17,806

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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