Discontinued Operations and gain on sale (Tables)

9 Months Ended

Mar. 31, 2018

Discontinued Operations and Disposal Groups

Schedule of summarized results of discontinued operations

	Third Quarter Ended		Nine Months Ended
	April 1, 2017
	(Thousands)
Sales	$	1,056,676	$	5,432,140
Cost of sales		955,781		4,883,945
Gross profit		100,895		548,195
Selling, general and administrative expenses		105,622		430,003
Restructuring, integration and other expenses		(260)		7,280
Operating (loss) income		(4,467)		110,912
Interest and other expense, net		(13,662)		(24,292)
(Loss) income from discontinued operations before income taxes		(18,129)		86,620
Income tax expense		17,108		49,949
(Loss) income from discontinued operations, net of taxes		(35,237)		36,671
Gain on sales of discontinued operations, net of tax		217,088		217,088
Net income from discontinued operations, net of taxes	$	181,851	$	253,759