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Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The following table presents the operating results of the Company’s discontinued Fire Rescue Group for each of the three years in the period ended December 31, 2015:
(in millions)
2015
 
2014
 
2013
Net sales
$
100.0

 
$
139.4

 
$
138.4

Cost of sales
80.8

 
114.8

 
109.3

Gross profit
19.2

 
24.6

 
29.1

Selling, engineering, general and administrative expenses
17.1

 
20.7

 
20.1

Restructuring
0.8

 
—

 
—

Operating income
1.3

 
3.9

 
9.0

Interest expense (income), net
—

 
0.2

 
(0.1
)
Other expense (income), net
(0.2
)
 
(0.2
)
 
—

Income before income taxes
1.5

 
3.9

 
9.1

Income tax expense
0.3

 
0.6

 
1.4

Net income from operations
$
1.2

 
$
3.3

 
$
7.7

The following table presents the assets and liabilities of the Company’s discontinued operations, which include the Fire Rescue Group, as well as other operations discontinued in prior periods, as of December 31, 2015 and 2014:
 
2015
 
2014
(in millions)
Fire Rescue
 
Other
 
Total
 
Fire Rescue
 
Other
 
Total
Cash and cash equivalents
$
5.0

 
$
—

 
$
5.0

 
$
6.3

 
$
—

 
$
6.3

Accounts receivable, net
15.5

 
—

 
15.5

 
34.0

 
—

 
34.0

Inventories
40.4

 
—

 
40.4

 
33.4

 
—

 
33.4

Prepaid expenses
2.7

 
—

 
2.7

 
2.4

 
—

 
2.4

Other current assets
0.2

 
—

 
0.2

 
—

 
0.1

 
0.1

Current assets of discontinued operations
$
63.8

 
$
—

 
$
63.8

 
$
76.1

 
$
0.1

 
$
76.2

 
 
 
 
 
 
 
 
 
 
 
 
Properties and equipment, net
$
13.4

 
$
—

 
$
13.4

 
$
16.8

 
$
—

 
$
16.8

Goodwill
28.3

 
—

 
28.3

 
31.1

 
—

 
31.1

Deferred tax assets
—

 
1.6

 
1.6

 
—

 
3.1

 
3.1

Long-term assets of discontinued operations
$
41.7

 
$
1.6

 
$
43.3

 
$
47.9

 
$
3.1

 
$
51.0

 
 
 
 
 
 
 
 
 
 
 
 
Accounts payable
$
7.3

 
$
—

 
$
7.3

 
$
9.0

 
$
—

 
$
9.0

Customer deposits
10.6

 
—

 
10.6

 
7.1

 
—

 
7.1

Accrued liabilities:
 
 
 
 
 
 
 
 
 
 
 
Compensation and withholding taxes
4.3

 
—

 
4.3

 
5.6

 
—

 
5.6

Other current liabilities
4.0

 
2.4

 
6.4

 
9.5

 
1.7

 
11.2

Current liabilities of discontinued operations
$
26.2

 
$
2.4

 
$
28.6

 
$
31.2

 
$
1.7

 
$
32.9

 
 
 
 
 
 
 
 
 
 
 
 
Long-term pension and other post-retirement benefit liabilities
$
0.7

 
$
—

 
$
0.7

 
$
0.9

 
$
—

 
$
0.9

Other long-term liabilities
5.5

 
9.1

 
14.6

 
4.9

 
5.0

 
9.9

Long-term liabilities of discontinued operations
$
6.2

 
$
9.1

 
$
15.3

 
$
5.8

 
$
5.0

 
$
10.8