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Discontinued Operations Discontinued Operations
 3 Months Ended
Mar. 31, 2016
Discontinued Operations [Abstract]  
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]
The results of discontinued operations for the three months ended March 31, 2016 and 2015 reflect the net losses of the speaker and receiver product line.

Summarized results of the Company's discontinued operations are as follows:
 
Three Months Ended March 31,
 
2016
 
2015
Revenues
$
20.4

 
$
52.0

Cost of goods sold
28.6

 
60.4

Restructuring charges - cost of goods sold
2.1

 
0.2

Gross Profit
(10.3
)
 
(8.6
)
Research and development expenses
3.5

 
3.3

Selling and administrative expenses
3.2

 
9.8

Restructuring charges
0.4

 
0.3

Operating Expenses
7.1

 
13.4

 
 
 
 
Loss from operations before taxes
(17.4
)
 
(22.0
)
Benefit from income taxes
0.5

 
1.2

Loss from discontinued operations, net of tax
$
(16.9
)
 
$
(20.8
)

Assets and liabilities of discontinued operations are summarized below:
 
March 31, 2016
 
December 31, 2015
Assets of Discontinued Operations:
 
 
 
Accounts receivable
$
15.4

 
$
47.2

Inventories, net
31.1

 
33.6

Prepaid and other current assets
1.9

 
2.0

Total current assets
48.4

 
82.8

Property, plant and equipment, net
8.2

 
9.5

Other assets and deferred charges
0.7

 
0.7

Total assets
$
57.3

 
$
93.0

 
 
 
 
Liabilities of Discontinued Operations:
 
 
 
Accounts payable
$
23.4

 
$
39.3

Other current liabilities
10.8

 
11.8

Total current liabilities
34.2

 
51.1

Other liabilities
2.2

 
2.1

Total liabilities
$
36.4

 
$
53.2


The following table presents the depreciation, amortization and purchases of property, plant and equipment of discontinued operations related to the speaker and receiver product line:
 
Three Months Ended March 31,
 
2016
 
2015
Depreciation
$
2.7

 
$
8.4

Amortization of intangible assets
$
—

 
$
5.8

Additions to property, plant and equipment
$
1.4

 
$
6.9


Additions to property, plant and equipment included in accounts payable at March 31, 2016 and 2015 were $0.5 million and $2.9 million, respectively.