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Discontinued Operations (Tables) | 3 Months Ended
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Mar. 29, 2020
Discontinued Operations and Disposal Groups [Abstract] |
Disposal Groups, Including Discontinued Operations [Table Text Block] | The following table summarizes the operating results of the disposal group for the three months ended ended March 29, 2020 and March 31, 2019:
|  | Three Months Ended |  |
|  | March 29, 2020 |  | March 31, 2019
|  | (In thousands) |  |
Revenues |  | $ | 51,049 |  |  |  | $ | 87,035 |
Cost of sales |  | (35,202) |  |  |  | (49,163) |
Gross profit |  | 15,847 |  |  |  | 37,872 |
Selling, general and administrative expenses |  | (17,519) |  |  |  | (24,831) |
Research and development expenses |  | (8,499) |  |  |  | (10,907) |
Amortization of intangibles |  | — |  |  |  | (5,178) |
Asset impairment of discontinued operations |  | (23,197) |  |  |  | — |
Interest expense, net |  | (206) |  |  |  | (206) |
Non-operating pension income (cost) |  | (85) |  |  |  | (56) |
Loss before taxes |  | $ | (33,659) |  |  |  | $ | (3,306) |
The following table provides the major classes of assets and liabilities of the disposal group as of March 29, 2020 and December 31, 2019:
|  | March 29, 2020 |  | December 31, 2019
|  | (In thousands) |  |
Assets: |  |  |  |
Cash and cash equivalents |  | $ | 42,742 |  |  | $ | 18,405 |
Receivables, net |  | 88,895 |  |  | 117,386 |
Inventories, net |  | 53,635 |  |  | 55,002 |
Other current assets |  | 46,659 |  |  | 35,187 |
Plant, property, and equipment, less accumulated depreciation |  | 59,200 |  |  | 61,233 |
Operating lease right-of-use assets |  | 15,050 |  |  | 16,902 |
Goodwill |  | 25,306 |  |  | 26,707 |
Intangible assets, less accumulated depreciation |  | 139,055 |  |  | 143,459 |
Deferred income taxes |  | 57,868 |  |  | 59,560 |
Other long-lived assets |  | 19,357 |  |  | 21,652 |
Impairment of disposal group |  | (203,555) |  |  | (180,358) |
Total Assets of discontinued operations |  | $ | 344,212 |  |  | $ | 375,135 |
Liabilities: |  |  |  |
Accounts payable |  | $ | 42,683 |  |  | $ | 52,425 |
Accrued liabilities |  | 63,838 |  |  | 83,349 |
Postretirement benefits |  | 5,310 |  |  | 6,224 |
Deferred income taxes |  | 3,925 |  |  | 2,740 |
Long-term operating lease liabilities |  | 18,357 |  |  | 20,459 |
Other long-term liabilities |  | 1,342 |  |  | 5,082 |
Total Liabilities of discontinued operations |  | $ | 135,455 |  |  | $ | 170,279 |

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