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Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2019
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations | The following table provides the major classes of assets and liabilities of the disposal group as of December 31, 2019 and 2018:
| December 31,
| 2019 |  | 2018
| (In thousands)
Assets: |  |  |
Cash and cash equivalents | $ | 18,405 |  |  | $ | 13,156 |
Receivables, net | 117,386 |  |  | 129,983 |
Inventories, net | 55,002 |  |  | 51,416 |
Other current assets | 35,187 |  |  | 25,167 |
Property, plant and equipment, less accumulated depreciation | 61,233 |  |  | 55,010 |
Operating lease right-of-use assets | 16,902 |  |  | — |
Goodwill | 26,707 |  |  | 350,777 |
Intangible assets, less accumulated amortization | 143,459 |  |  | 151,162 |
Deferred income taxes | 57,469 |  |  | 29,559 |
Other long-lived assets | 21,652 |  |  | 16,613 |
Impairment of disposal group | (180,358 | ) |  | — |
Total Assets of discontinued operations | $ | 373,044 |  |  | $ | 822,843 |
Liabilities: |  |  |
Accounts payable | $ | 52,425 |  |  | $ | 55,148 |
Accrued liabilities | 83,349 |  |  | 91,880 |
Postretirement benefits | 6,224 |  |  | 5,043 |
Deferred income taxes | 2,740 |  |  | 3,834 |
Long-term operating lease liabilities | 20,459 |  |  | — |
Other long-term liabilities | 5,082 |  |  | 8,737 |
Total liabilities of discontinued operations | $ | 170,279 |  |  | $ | 164,642 |
The following table summarizes the operating results of the disposal group for the years ended December 31, 2019, 2018, and 2017:
| Years Ended December 31,
| 2019 |  | 2018 |  | 2017
| (In thousands)
Revenues | $ | 360,496 |  |  | $ | 419,666 |  |  | $ | 301,458 |
Cost of sales | (208,173 | ) |  | (241,164 | ) |  | (169,025 | )
Gross profit | 152,323 |  |  | 178,502 |  |  | 132,433 |
Selling, general and administrative expenses | (93,796 | ) |  | (114,567 | ) |  | (71,280 | )
Research and development expenses | (37,172 | ) |  | (49,033 | ) |  | (45,582 | )
Amortization of intangibles | (12,782 | ) |  | (23,689 | ) |  | (13,808 | )
Asset impairment of discontinued operations | (521,441 | ) |  | — |  |  | — |
Interest expense, net | (819 | ) |  | (720 | ) |  | (250 | )
Non-operating pension cost | (221 | ) |  | (243 | ) |  | (153 | )
Income (loss) before taxes | $ | (513,908 | ) |  | $ | (9,750 | ) |  | $ | 1,360 |

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