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Discontinued Operations
 12 Months Ended
Dec. 31, 2011
Discontinued Operations [Abstract]  
Discontinued Operations
17. Discontinued Operations

During 2009, the Company discontinued the operations of H.M. White. The Company terminated its facility lease in Detroit, Michigan and all property and equipment held by H.M. White was sold at net book value to its former owner in January 2010. Accordingly, there was no gain or loss associated with the sale of H.M. White's assets.

 

The results of H.M. White are presented as discontinued operations for all periods in the consolidated financial statements. The Company did not allocate general corporate interest expense to H.M. White.

Operating results of discontinued operations are as follows:

 

     Year Ended
December 31,		  
$ in thousands    2011     2010  

Net Sales

    $ —        $ 474   
  

 

 

    

 

 

  

Loss from discontinued operations, before income taxes

    $ (66 )    $ (317 ) 

Income tax benefit

      (26 )      (117 ) 
  

 

 

    

 

 

  

Loss from discontinued operations

    $ (40 )    $ (200 ) 
  

 

 

    

 

 

  

Assets and liabilities related to discontinued operations as of December 31, 2010 consisted of the following:

 

$ in thousands    2010  

Assets

   

Accounts receivable

    $ 45   

Prepaid expenses and other

      31   
  

 

 

  

Total assets of discontinued operations

    $ 76