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DISCONTINUED OPERATIONS
9 Months Ended
Sep. 30, 2017
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS
DISCONTINUED OPERATIONS
On December 30, 2013, the Company announced that it was implementing the December 2013 Program, which primarily included exiting its direct manufacturing, warehousing and sales business operations in mainland China within the Consumer segment.
The results of the China discontinued operations are included within Income (loss) from discontinued operations, net of taxes, and relate entirely to the Consumer segment. The summary comparative financial results of discontinued operations are as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
Net sales
$

 
$

 
$

 
$

Income (loss) from discontinued operations, before taxes
0.7

 
(0.2
)
 
1.6

 
(2.3
)
Provision for income taxes
0.3

 

 
0.3

 

Income (loss) from discontinued operations, net of taxes
0.4

 
(0.2
)
 
1.3

 
(2.3
)


Assets and liabilities of the China discontinued operations included in the Consolidated Balance Sheets consist of the following:
 
September 30, 2017
 
December 31, 2016
Cash and cash equivalents
$
1.3

 
$
1.7

Trade receivables, net
0.2

 
0.2

Total current assets
1.5

 
1.9

Total assets
$
1.5

 
$
1.9

 

 

Accounts payable
$
0.5

 
$
0.5

Accrued expenses and other
3.4

 
3.3

Total current liabilities
3.9

 
3.8

Total liabilities
$
3.9

 
$
3.8