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Discontinued Operations and Divestitures
6 Months Ended
Jun. 30, 2016
Discontinued Operations [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
Discontinued Operations and Divestitures
The following table provides a summary of amounts included in discontinued operations for the periods indicated (in millions):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Net sales
$

 
$
15.0

 
$

 
$
32.3

(Loss) income from discontinued operations before income taxes
$
(0.7
)
 
$
0.5

 
$
(1.3
)
 
$
(3.9
)
Income tax (benefit) expense
(0.1
)
 
0.1

 
(0.3
)
 
(1.5
)
(Loss) income from discontinued operations
(0.6
)
 
0.4

 
(1.0
)
 
(2.4
)
Net gain from sale of discontinued operations, net of tax

 

 
0.6

 

(Loss) income from discontinued operations, net of tax
$
(0.6
)
 
$
0.4

 
$
(0.4
)
 
$
(2.4
)

Divestitures
On June 30, 2016, the Company sold its Décor business, including Levolor® and Kirsch® window coverings and drapery hardware, for net consideration of $232.2 million, subject to customary working capital adjustments expected to be settled during the fourth quarter. The proceeds are net of $2.8 million of transaction expenses and $2.8 million of cash included in the assets sold. The net assets of the Décor business were $71.2 million, including $19.2 million of goodwill, resulting in a pretax gain of $161.0 million, which is included in other (income) expense, net for the three and six months ended June 30, 2016.