| Summary of Major Line Items Included in the Income (Loss) from Discontinued Operations and Carrying Amounts of Major Classes of Assets and Liabilities Classified as Held for Sale |
The following table summarizes the major line items included in the
income (loss) from discontinued operations for each of the periods
presented.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three Months Ended June
|
|
|
Six Months Ended June |
|
| In thousands |
|
2016 |
|
|
2015 |
|
|
2016 |
|
|
2015 |
|
|
Revenues
|
|
$ |
70,279 |
|
|
$ |
86,874 |
|
|
$ |
144,635 |
|
|
$ |
174,411 |
|
|
Cost of goods sold
|
|
|
29,507 |
|
|
|
39,408 |
|
|
|
65,104 |
|
|
|
78,003 |
|
|
Selling, general and administrative expenses
|
|
|
38,473 |
|
|
|
43,419 |
|
|
|
73,233 |
|
|
|
85,875 |
|
|
Interest income (expense), net
|
|
|
— |
|
|
|
(163 |
) |
|
|
(108 |
) |
|
|
(322 |
) |
|
Other income (expense), net
|
|
|
(2 |
) |
|
|
(2 |
) |
|
|
(4 |
) |
|
|
3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pre-tax income from discontinued operations
|
|
|
2,297 |
|
|
|
3,882 |
|
|
|
6,186 |
|
|
|
10,214 |
|
|
Pre-tax estimated loss on the disposal of discontinued
operations
|
|
|
(149,836 |
) |
|
|
— |
|
|
|
(149,836 |
) |
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total pre-tax income (loss) from discontinued operations
|
|
|
(147,539 |
) |
|
|
3,882 |
|
|
|
(143,650 |
) |
|
|
10,214 |
|
|
Income tax benefit (expense)
|
|
|
50,260 |
|
|
|
(913 |
) |
|
|
49,774 |
|
|
|
(1,661 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income (loss) from discontinued operations
|
|
$ |
(97,279 |
) |
|
$ |
2,969 |
|
|
$ |
(93,876 |
) |
|
$ |
8,553 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The following table summarizes the carrying amounts of major
classes of assets and liabilities classified as held for sale for
each of the periods presented.
|
|
|
|
|
|
|
|
|
|
|
|
|
| In thousands |
|
June
2016
|
|
|
December
2015
|
|
|
June
2015
|
|
|
Accounts receivable, net
|
|
$ |
24,656 |
|
|
$ |
29,596 |
|
|
$ |
30,091 |
|
|
Inventories
|
|
|
58,450 |
|
|
|
56,634 |
|
|
|
67,618 |
|
|
Other current assets, including cash and equivalents
|
|
|
3,408 |
|
|
|
2,946 |
|
|
|
5,106 |
|
|
Property, plant and equipment
|
|
|
38,716 |
|
|
|
42,668 |
|
|
|
48,532 |
|
|
Intangible assets
|
|
|
164,659 |
|
|
|
164,008 |
|
|
|
308,833 |
|
|
Other assets
|
|
|
3,114 |
|
|
|
3,355 |
|
|
|
3,302 |
|
|
Allowance to reduce assets to estimated fair value, less costs of
disposal
|
|
|
(149,836 |
) |
|
|
— |
|
|
|
— |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total assets held for sale(a)
|
|
$ |
143,167 |
|
|
$ |
299,207 |
|
|
$ |
463,482 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current portion of long-term debt
|
|
$ |
— |
|
|
$ |
9,928 |
|
|
$ |
10,035 |
|
|
Accounts payable
|
|
|
8,289 |
|
|
|
8,988 |
|
|
|
8,650 |
|
|
Accrued liabilities
|
|
|
7,262 |
|
|
|
7,102 |
|
|
|
7,747 |
|
|
Other liabilties
|
|
|
10,552 |
|
|
|
10,915 |
|
|
|
11,703 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total liabilities held for sale(a)
|
|
$ |
26,103 |
|
|
$ |
36,933 |
|
|
$ |
38,135 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Amounts at December 2015 and June
2015 have been classified as current and long-term in the
Consolidated Balance Sheets. |
|