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Discontinued Operations
 6 Months Ended
Jun. 30, 2017
Discontinued Operations [Abstract]  
Discontinued Operations
12.
Discontinued Operations

In connection with the 2014 Restructuring Plan, the Company approved a plan to dispose of a business unit within the Color segment, located near Leipzig, Germany. Since 2014, the business has met the criteria to be presented as a discontinued operation as established in ASC Subtopic 205-20, Discontinued Operations. The results of this business have been reported as a discontinued operation in the Consolidated Condensed Statements of Earnings for all periods presented. In 2016, the facility and remaining assets were sold and the entity was liquidated.

The following table summarizes the discontinued operation’s results for the three and six months ended June 30, 2017 and 2016:

  
Three Months Ended
June 30,
  
Six Months Ended
June 30,
 
(In thousands)
 
2017
  
2016
  
2017
  
2016
 
             
Revenue
 
$
-
  
$
-
  
$
-
  
$
-
 
Gain from discontinued operations before income taxes
  
-
   
3,441
   
-
   
3,410
 
Income tax expense
  
-
   
(76
)
  
-
   
(67
)
Gain from discontinued operations, net of tax
 
$
-
  
$
3,365
  
$
-
  
$
3,343