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Discontinued Operations | 12 Months Ended
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Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract] |
Discontinued Operations | Discontinued Operations On February 29, 2016, the Company sold 100% of the stock associated with its South African personal protective equipment distribution business and its Zambian operations, which were reported in the International segment. The Company received $15.9 million from the closing of this transaction and recorded a loss of approximately $0.3 million during the first quarter of 2016. During the second quarter of 2016, the Company corrected its gain calculation on the disposition of the South African personal protective equipment distribution business and its Zambian operations. This resulted in a gain of approximately $2.5 million being recorded during the second quarter in discontinued operations that should have been recorded in the first quarter of 2016. The Company evaluated materiality in accordance with SEC Staff Accounting Bulletins Topics 1.M and 1.N and considered relevant qualitative and quantitative factors. The Company concluded that this modification was not material to the first quarter of 2016 or the trend in earnings over the affected periods. The modification had no effect on cash flows or debt covenant compliance. The operations of this business qualify as a component of an entity under FASB ASC 205-20 "Presentation of Financial Statements - Discontinued Operations", and thus the operations have been reclassified as discontinued operations and prior periods have been reclassified to conform to this presentation. Summarized financial information for discontinued operations is as follows:
| Year ended December 31,
(In thousands) | 2016 |  | 2015 |  | 2014
Discontinued Operations |  |  |  |  |
Net sales | $ | 5,261 |  |  | $ | 43,043 |  |  | $ | 47,516 |
Other income, net | 596 |  |  | 580 |  |  | 660 |
Cost and expenses: |  |  |  |  |
Cost of products sold | 4,819 |  |  | 34,764 |  |  | 38,259 |
Selling, general and administrative | 937 |  |  | 6,680 |  |  | 7,650 |
Restructuring and other charges | — |  |  | 14 |  |  | — |
Currency exchange losses (gains), net | 18 |  |  | 266 |  |  | (116 | )
Income from discontinued operations before income taxes | 83 |  |  | 1,899 |  |  | 2,383 |
Provision for income taxes | 328 |  |  | 574 |  |  | 607 |
(Loss) income from discontinued operations, net of tax | $ | (245 | ) |  | $ | 1,325 |  |  | $ | 1,776 |
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) | 2016 |  | 2015
Discontinued Operations assets and liabilities |  |  |
Trade receivables, less allowance for doubtful accounts | $ | — |  |  | $ | 4,832 |
Inventories | — |  |  | 8,499 |
Net property | — |  |  | 449 |
Other assets | — |  |  | 791 |
Total assets | — |  |  | 14,571 |
Accounts payable | — |  |  | 2,745 |
Accrued and other liabilities | 686 |  |  | 748 |
Total liabilities | 686 |  |  | 3,493 |
Net (liabilities) assets | $ | (686 | ) |  | $ | 11,078 |
The following summary provides financial information for discontinued operations related to net (income) loss related to noncontrolling interests:
| Year ended December 31,
(In thousands) | 2016 |  | 2015 |  | 2014
Net (income) loss attributable to noncontrolling interests |  |  |  |  |
(Income) loss from continuing operations | $ | (1,416 | ) |  | $ | 2,971 |  |  | $ | 1,296 |
Income from discontinued operations | (510 | ) |  | (108 | ) |  | (717 | )
Net (income) loss | $ | (1,926 | ) |  | $ | 2,863 |  |  | $ | 579 |

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- Definition The entire disclosure 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64862545&loc=SL51724579-110230 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64862545&loc=d3e2941-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 + Details
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