Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 2013

Schedule of Financial Results of Discontinued Operations

The table below summarizes operating results of the discontinued operations:


	Three months ended	Three months ended	Six months ended	Six months ended
(in thousands)	June 30, 2013	June 30, 2012	June 30, 2013	June 30, 2012

Net sales	$0	$ 10,283	$0	$ 19,774

(Loss)/Income from operations of discontinued business before tax	(575)	2,760	(575)	4,776

Gain on disposition of discontinued operations	-	34,709	-	92,677

Income tax (benefit)/expense	(224)	13,439	(224)	26,253

- 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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