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Discontinued Operations
6 Months Ended
Jun. 30, 2011
Discontinued Operations [Abstract]  
DISCONTINUED OPERATIONS
15. DISCONTINUED OPERATIONS
The following table presents the operating results of the Company’s discontinued operations for the three and six months ended June 30, 2011 and 2010:
                                 
    Three months ended     Six months ended  
    June 30,     June 30,  
($ in millions)   2011     2010     2011     2010  
Net sales
  $ 0.8     $ 0.5     $ 1.4     $ 1.0  
Cost and expenses
    (0.5 )     (1.5 )     (1.4 )     (2.7 )
 
                       
Loss before income taxes
    0.3       (1.0 )           (1.7 )
Income tax benefit (expense)
          0.2             0.4  
 
                       
Income (loss) on discontinued operations
  $ 0.3     $ (0.8 )   $     $ (1.3 )
 
                       
2010
In December 2010, the Company determined that its China Wholly Owned Foreign Entity (“China WOFE”) business was no longer strategic. The results of China WOFE operations previously were included within the Environmental Solutions and Safety and Security Systems Groups.
In September 2010, the Company sold its Riverchase business, which had previously been reported as part of the Safety and Security Systems operating segment, for $0.2 million. The Company’s Riverchase business developed a suite of products that enables emergency response agencies to manage and communicate remotely with their fleets.
The following table shows an analysis of assets and liabilities of discontinued operations as of June 30, 2011 and December 31, 2010:
                 
    June 30,     December 31,  
($ in millions)   2011     2010  
Current assets
  $     $  
Properties and equipment
    0.5       0.7  
Long-term assets
    1.0       0.8  
Financial service assets, net
    1.5       1.6  
 
           
Total assets of discontinued operations
  $ 3.0     $ 3.1  
 
           
Current liabilities
  $ 4.4     $ 5.9  
Long-term liabilities
    8.3       10.8  
Financial service liabilities
    1.6       1.5  
 
           
Total liabilities of discontinued operations
  $ 14.3     $ 18.2  
 
           
Included in current liabilities at June 30, 2011 and December 31, 2010 is $2.4 million and $2.6 million, respectively, related to environmental remediation at the Pearland, Texas facility, which was previously used by the Company’s discontinued Pauluhn business. Included in long-term liabilities at June 30, 2011 and December 31, 2010 is $5.9 million and $6.0 million, respectively, relating to estimated product liability obligations of the North American refuse truck body business.