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DISCONTINUED OPERATIONS AND OTHER DIVESTITURES (Tables)
9 Months Ended
Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Activities in Consolidated Statements of Income for Discontinued Operations
The following tables display summarized activity in our consolidated statements of income for discontinued operations during the three and nine months ended September 30, 2015 and 2014 related to our former Coating Resins (“Coatings”) business and other divestitures.
 
Three Months Ended September 30,
 
2015
 
2014
 
Coatings
 
Total
 
Coatings
 
Distribution
Product
Line
 
Total
(Loss) gain on sale of discontinued operations
$

 
$

 
$
(0.1
)
 
$
0.2

 
$
0.1

Income tax expense on (loss) gain on sale

 

 
(0.3
)
 

 
(0.3
)
(Loss) earnings from discontinued operations, net of tax
$

 
$

 
$
(0.4
)
 
$
0.2

 
$
(0.2
)
 
Nine Months Ended September 30,
 
2015
 
2014
 
Coatings
 
Total
 
Coatings
 
Distribution
Product
Line
 
Pre-
Acquisition
Umeco
 
Total
(Loss) gain on sale of discontinued operations
$
(2.3
)
 
$
(2.3
)
 
$
(3.6
)
 
$
0.2

 
$
3.6

 
$
0.2

Income tax benefit on (loss) gain on sale
0.8

 
0.8

 
10.8

 

 

 
10.8

(Loss) earnings from discontinued operations, net of tax
$
(1.5
)
 
$
(1.5
)
 
$
7.2

 
$
0.2

 
$
3.6

 
$
11.0