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Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]  
Summary of the Results of Discontinued Operations

The following table summarizes the results of discontinued operations for the nine and three months ended September 30, 2015 and 2014. The nine and three months ended September 30, 2015 consist of Waterloo only, however comparable periods in 2014 include both Waterloo and Simonton.

 

(in millions)    Nine Months
Ended September 30,		      Three Months
Ended September 30,		  
     2015      2014      2015      2014  

Net sales

    $ 78.2       $ 317.6       $ 27.8       $ 125.5   

Loss from discontinued operations before income taxes

    $ (15.6 )     $ (72.4 )     $ (17.2 )     $ (76.5 ) 

Income taxes

      (24.2 )       30.8         (25.0 )       28.9   
  

 

 

     

 

 

     

 

 

     

 

 

  

Income (loss) from discontinued operations, net of tax

    $ 8.6       $ (103.2 )     $ 7.8       $ (105.4 ) 

The following table summarizes the major classes of assets and liabilities of Waterloo, which is reflected as a discontinued operation on the consolidated balance sheet as of December 31, 2014:

 

(in millions)    December 31, 2014  

Accounts receivable, net

    $ 40.1   

Inventories

      15.9   

Other current assets

      7.3   
  

 

 

  

Total current assets

      63.3   

Property, plant and equipment, net

      13.3   

Other non-current assets

      4.0   
  

 

 

  

Total assets

    $ 80.6   
  

 

 

  

Accounts payable

    $ 8.5   

Other current liabilities

      9.0   
  

 

 

  

Total current liabilities

      17.5   

Other non-current liabilities

      3.4   
  

 

 

  

Total liabilities

    $ 20.9