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Discontinued Operations
 6 Months Ended
Jun. 30, 2017
Discontinued Operations [Abstract]  
Discontinued Operations
2.
Discontinued Operations

As detailed above, for 2017 and prior year periods the Company’s discontinued operations include the results of the SARL Businesses sold in March 2017 and the NATG business sold in December 2015.  The combined loss on the sale of the SARL Businesses, reported in the first quarter of 2017, totaled $23.3 million, which included an $8.2 million loss on the sale of net assets, $14.4 million of translation adjustments, and $0.7 million of legal, professional and other costs.  Additional costs related to the sale, incurred in the second quarter of 2017, include $0.3 million of severance and other personnel costs, $0.3 million of accelerated depreciation charges and $0.3 million of additional legal, professional and other costs. In the second quarter of 2017, NATG discontinued operations incurred approximately $3.2 million of special charges primarily related to updating our future lease cash flows and $0.3 million related to ongoing restitution proceedings against certain former NATG executives.  In the first quarter of 2017, NATG discontinued operations incurred $0.3 million of professional costs related to the ongoing restitution proceedings against certain former NATG executives and $0.3 million related to updating our future lease cash flows. Below is a summary of the impact on net sales, net loss and loss per share from discontinued operations for the three and six month periods ended June 30, 2017 and 2016.
 
  
Three Months Ended
June 30,
  
Six Months Ended
June 30,
 
  
2017
  
2016
  
2017
  
2016
 
Net sales
 
$
0.0
  
$
123.0
  
$
117.0
  
$
278.1
 
Cost of sales
  
0.0
   
109.3
   
102.9
   
245.3
 
Gross profit (loss)
  
0.0
   
13.7
   
14.1
   
32.8
 
Selling, distribution & administrative expenses
  
1.4
   
22.4
   
20.0
   
53.2
 
Special charges
  
4.4
   
1.4
   
28.3
   
9.3
 
Operating loss from discontinued operations
  
(5.8
)
  
(10.1
)
  
(34.2
)
  
(29.7
)
Interest and other income, net
  
0.2
   
(0.2
)
  
0.5
   
(1.1
 
Loss from discontinued operations before income taxes
  
(6.0
)
  
(9.9
)
  
(34.7
)
  
(28.6
 
Provision for (benefit from) income taxes
  
(0.5
)
  
(0.2
)
  
(0.4
)
  
(0.1
)
Net loss from discontinued operations
 
$
(5.5
)
 
$
(9.7
)
 
$
(34.3
)
 
$
(28.5
)
Net loss per share – basic and diluted
 
$
(0.15
)
 
$
(0.26
)
 
$
(0.93
)
 
$
(0.76
)