Discontinued Operations (Tables)

9 Months Ended

Oct. 01, 2017

Discontinued Operations [Abstract]

Results of discontinued operations and schedule of major classes of assets and liabilities

The following table summarizes the results of the Absorbent Products business within discontinued operations for each of the periods presented:

	Three Months Ended				Nine Months Ended
(in thousands) (unaudited)	October 1, 2017		October 2, 2016		October 1, 2017		October 2, 2016
Net sales	$	-	$	18,545	$	421	$	57,569
Cost of sales		(133)		(17,175)		(618)		(53,217)
Selling and general expenses		-		(560)		(24)		(1,974)
Gain on divestiture, net		-		-		11,413		-
Other income (expense)		-		(2)		2,078		(5)
Earnings from discontinued operations before provision for income taxes		(133)		808		13,270		2,373
Provision for income taxes from discontinued operations		(127)		271		4,323		797
Earnings from discontinued operations, net of tax	$	(6)	$	537	$	8,947	$	1,576

The following table summarizes the major classes of assets and liabilities of the Absorbent Products business held for sale for each of the periods presented:

(in thousands)	October 1, 2017 (Unaudited)		December 31, 2016
Accounts receivable, net	$	246	$	13,781
Inventories		-		10,747
Property, plant and equipment, net		3,819		34,365
Assets held for sale	$	4,065	$	58,893
Accounts payable	$	105	$	5,245
Accrued liabilities		-		1,008
Liabilities held for sale	$	105	$	6,253