Discontinued Operations (Tables)

6 Months Ended

Jul. 04, 2015

Discontinued Operations and Disposal Groups [Abstract]

Income from Discontinued Operations, Net of Tax in Condensed Consolidated Statement of Operations and Comprehensive Income

Included in income from discontinued operations, net of tax in the Condensed Consolidated Statement of Operations and Comprehensive Income were the following:


	Three months ended						Six months ended
	July 4,			June 28,			July 4,			June 28,
In thousands	2015			2014			2015			2014
Net sales	$	—		$	54,881		$	—		$	129,907
Cost of products sold		—			40,613			(174	)		92,701

Gross profit		—			14,268			174			37,206
Selling and administrative expenses		—			12,835			6			25,860
Loss (gain) on disposal of assets		—			(22	)		—			(22	)
Special charges		—			—			—			401

Operating income		—			1,455			168			10,967
Interest expense, net		(108	)		29			(108	)		41

Income before income taxes		108			1,426			276			10,926
Provision for income taxes		41			(6,243	)		103			(358	)

Net income from discontinued operations	$	67		$	7,669		$	173		$	11,284

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

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+ Details

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