Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2012

Operating Results of Discontinued Operations

The following table presents the operating results of the Company’s discontinued operations for the three-year period ended December 31 ($ in millions):


Federal Signal Technologies	2012			2011			2010
Net sales	$	87.0		$	106.9		$	93.4
Interest allocated to discontinued operations		4.8			-			-
Goodwill and intangible assets impairment		0.6			20.6			78.9
Restructuring charges		-			-			0.6
Other costs and expenses		100.0			116.2			103.2

Loss before income taxes		(18.4	)		(29.9	)		(89.3	)
Income tax benefit		3.6			2.0			2.9

Loss from discontinued operations	$	(14.8	)	$	(27.9	)	$	(86.4	)


China WOFE				2011			2010
Net sales				$	0.2		$	1.5
Costs and expenses					0.5			3.2
Loss before income taxes					(0.3	)		(1.7	)
Income tax benefit					-			-
Loss from discontinued operations				$	(0.3	)	$	(1.7	)


Riverchase (SSG Segment)							2010
Net sales								$ -
Costs and expenses								1.3

Loss before income taxes								(1.3	)
Income tax benefit								-

Loss from discontinued operations							$	(1.3	)

Assets and Liabilities of Discontinued Operations

The following table shows an analysis of assets and liabilities of discontinued operations as of December 31 ($ in millions):


	2012		2011
Current assets	$	0.8	$	35.9
Properties and equipment		-		2.7
Long-term assets		0.7		93.7
Financial service assets, net		0.5		1.0

Total assets of discontinued operations	$	2.0	$	133.3

Current liabilities	$	6.4	$	24.1
Long-term liabilities		8.6		15.0
Financial service liabilities		-		0.9

Total liabilities of discontinued operations	$	15.0	$	40.0