DISPOSITIONS AND SPECIAL (GAINS) CHARGES (Tables)

12 Months Ended

Dec. 31, 2018

Discontinued Operations and Disposal Groups [Abstract]

Reconciliation of Pretax Loss of Discontinued Operations to Loss of Discontinued Operations

Below is a summary of the impact on net sales, net income (loss) and net income (loss) per share from discontinued operations for the years ended December 31, 2018, 2017 and 2016.

Pretax income (loss) of Discontinued operations to the Net loss of discontinued operations is as follows:

	Year Ended December 31,
	2018			2017			2016
Net sales	$	352.0		$	590.6		$	938.8
Cost of sales	295.8			498.3			809.1
Gross profit	56.2			92.3			129.7
Selling, distribution and administrative expenses	36.5			74.7			146.9
Pre-tax book gain on sale of France business	(178.9		)	0.0			0.0
Special charges, net	0.6			30.6			11.5
Operating income (loss) from discontinued operations	198.0			(13.0		)	(28.7		)
Foreign currency exchange (income) loss	(0.2		)	0.8			0.1
Interest and other expense (income), net	0.0			0.3			0.3
Income (loss) of discontinued operations before income taxes	198.2			(14.1		)	(29.1		)
Provision for income tax	23.0			11.0			7.4
Net income (loss) from discontinued operations	$	175.2		$	(25.1	)	$	(36.5	)
Net income (loss) per share - basic	$	4.69		$	(0.68	)	$	(0.98	)
Net income (loss) per share - diluted	$	4.62		$	(0.67	)	$	(0.98	)

Special Charge Liabilities

The following table details the liabilities related to the sold NATG segment's leases and other costs and liabilities that remain from the sold Misco Germany business (Corporate) for 2018 (in millions):

	Corporate – Lease liabilities and other costs			NATG – Lease liabilities and other exit costs			Total
Balance January 1, 2018	$	1.2		$	19.0		$	20.2
Charged to expense	0.0			2.5			2.5
Paid or otherwise settled	(0.3		)	(15.3		)	(15.6		)
Balance December 31, 2018	$	0.9		$	6.2		$	7.1

The following table details the liabilities related to the sold ETG segment's severance and other costs recorded within discontinued operations, NATG segment's leases and other costs and liabilities that remain from the sold Misco Germany business (Corporate) for 2017 (in millions):

	ETG - Workforce Reductions and Personnel Costs			Corporate – Lease liabilities and other costs		NATG – Lease liabilities and other exit costs			Total
Balance, January 1, 2017	$	0.0		$	1.2	$	19.3		$	20.5
Charged to expense	0.3			0.0		6.5			6.8
Paid or otherwise settled	(0.3		)	0.0		(6.8		)	(7.1		)
Balance, December 31, 2017	$	0.0		$	1.2	$	19.0		$	20.2