Assets Held for Sale and Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2014

Assets Held for Sale and Discontinued Operations [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

Summarized financial information for discontinued operations is as follows:



	Year ended December 31,
(In thousands)	2014			2013			2012
Discontinued Operations
Net sales	$	47,516		$	52,692		$	58,461
Other income, net	660			40			115
Cost and expenses:
Cost of products sold	38,259			41,181			45,277
Selling, general and administrative	7,650			7,389			8,376
Interest expense	—			—			17
Currency exchange (gains), net	(116		)	(325		)	(41		)
Income from discontinued operations before income taxes	2,383			4,487			4,947
Provision for income taxes	607			1,426			1,128
Income from discontinued operations, net of tax	1,776			3,061			3,819

The following assets and liabilities are included in the balance sheet line items noted below and are included in the International Segment detail in Note 7.



	December 31,
(In thousands)	2014		2013
Discontinued Operations assets and liabilities
Trade receivables, less allowance for doubtful accounts	$	6,638	$	7,452
Inventories	11,829		11,359
Net property	342		317
Other assets	2,022		1,326
Total assets	20,831		20,454
Accounts payable	5,263		5,447
Accrued and other liabilities	991		930
Total liabilities	6,254		6,377
Net assets	14,577		14,077

The following summary provides financial information for discontinued operations related to net loss (income) related to noncontrolling interests:



	Year ended December 31,
(In thousands)	2014			2013			2012
Net loss (income) attributable to noncontrolling interests
Loss (income) from continuing operations	$	1,296		$	870		$	(385	)
(Income) from discontinued operations	(717		)	(672		)	(739		)
Net loss (income)	579			198			(1,124		)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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