Annual report pursuant to Section 13 and 15(d)

Discontinued Operations (Tables)

v3.6.0.2
Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations Presented in Financial Statements
The following table summarizes depreciation and amortization, capital expenditures and the significant operating noncash items from discontinued operations for each of the periods presented:
 
2016
 
2015
 
2014
 
In thousands
Depreciation and amortization
$
4,581

 
$
17,673

 
$
24,006

Capital expenditures
719

 
5,663

 
10,308

Impairment of goodwill and intangible assets
—

 
143,562

 
396,362

The following table summarizes the carrying amounts of major classes of assets and liabilities of discontinued operations for each of the periods presented.
 
2016
 
2015
 
In thousands
Accounts receivable, net
$
—

 
$
29,596

Inventories
—

 
56,634

Other current assets, including cash and equivalents
—

 
2,946

Property, plant and equipment
—

 
42,668

Intangible assets
—

 
164,008

Other assets
—

 
3,355

Total assets of discontinued operations(a)
$
—

 
$
299,207

Current portion of long-term debt
$
—

 
$
9,928

Accounts payable
—

 
8,988

Accrued liabilities
—

 
7,102

Other liabilities
—

 
10,915

Total liabilities of discontinued operations(a)
$
—

 
$
36,933

(a) 
Amounts at December 2015 have been classified as current and long-term in the Consolidated Balance Sheet.
The following table summarizes the major line items included in the loss from discontinued operations for each of the periods presented.

 
2016
 
2015
 
2014
 
In thousands
Revenues
$
187,821

 
$
344,089

 
$
400,431

Cost of goods sold
85,303

 
158,101

 
175,310

Selling, general and administrative expenses
99,295

 
169,357

 
189,349

Impairment of goodwill and intangible assets
—

 
143,562

 
396,362

Interest income (expense), net
(109
)
 
(642
)
 
(621
)
Other income (expense), net
3

 
627

 
1

Pre-tax income (loss) from discontinued operations
3,117

 
(126,946
)
 
(361,210
)
Pre-tax loss on the disposal of discontinued operations
(154,275
)
 
—

 
—

Total pre-tax loss from discontinued operations
(151,158
)
 
(126,946
)
 
(361,210
)
Income tax benefit
52,737

 
43,408

 
80,966

Loss from discontinued operations, net of tax
$
(98,421
)
 
$
(83,538
)
 
$
(280,244
)