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Discontinued Operations and Assets Held for Sale
3 Months Ended
Mar. 31, 2013
Discontinued Operations and Assets Held for Sale  
Discontinued Operations and Assets Held for Sale

Note 5—Discontinued Operations and Assets Held for Sale

 

For the three months ended March 31, 2013, the Company had a loss before income taxes of $0.1 million pertaining primarily to legacy workers compensation claims.

 

On January 2, 2012, the Company completed the sale of the PDT Profiles business for €17.1 million, or $22.1 million.  The Company had acquired all of the equity of PDT on August 1, 2011 (see Note 4).  Included with the acquisition were certain assets associated with the PDT Profiles business, which the Company classified as held for sale at the date of acquisition.  No gain or loss was recognized upon the sale of the PDT Profiles business.