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DISPOSITIONS AND SPECIAL (GAINS) CHARGES (Tables) | 12 Months Ended
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Dec. 31, 2018
Discontinued Operations and Disposal Groups [Abstract] |
Reconciliation of Pretax Loss of Discontinued Operations to Loss of Discontinued Operations | Below is a summary of the impact on net sales, net income (loss) and net income (loss) per share from discontinued operations for the years ended December 31, 2018, 2017 and 2016. Pretax income (loss) of Discontinued operations to the Net loss of discontinued operations is as follows:
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Net sales | $ | 352.0 |  |  | $ | 590.6 |  |  | $ | 938.8 |
Cost of sales | 295.8 |  |  | 498.3 |  |  | 809.1 |
Gross profit | 56.2 |  |  | 92.3 |  |  | 129.7 |
Selling, distribution and administrative expenses | 36.5 |  |  | 74.7 |  |  | 146.9 |
Pre-tax book gain on sale of France business | (178.9 | ) |  | 0.0 |  |  | 0.0 |
Special charges, net | 0.6 |  |  | 30.6 |  |  | 11.5 |
Operating income (loss) from discontinued operations | 198.0 |  |  | (13.0 | ) |  | (28.7 | )
Foreign currency exchange (income) loss | (0.2 | ) |  | 0.8 |  |  | 0.1 |
Interest and other expense (income), net | 0.0 |  |  | 0.3 |  |  | 0.3 |
Income (loss) of discontinued operations before income taxes | 198.2 |  |  | (14.1 | ) |  | (29.1 | )
Provision for income tax | 23.0 |  |  | 11.0 |  |  | 7.4 |
Net income (loss) from discontinued operations | $ | 175.2 |  |  | $ | (25.1 | ) |  | $ | (36.5 | )
Net income (loss) per share - basic | $ | 4.69 |  |  | $ | (0.68 | ) |  | $ | (0.98 | )
Net income (loss) per share - diluted | $ | 4.62 |  |  | $ | (0.67 | ) |  | $ | (0.98 | )
Special Charge Liabilities | The following table details the liabilities related to the sold NATG segment's leases and other costs and liabilities that remain from the sold Misco Germany business (Corporate) for 2018 (in millions):
|  | Corporate – Lease liabilities and other costs |  | NATG – Lease liabilities and other exit costs |  | Total
Balance January 1, 2018 |  | $ | 1.2 |  |  | $ | 19.0 |  |  | $ | 20.2 |
Charged to expense |  | 0.0 |  |  | 2.5 |  |  | 2.5 |
Paid or otherwise settled |  | (0.3 | ) |  | (15.3 | ) |  | (15.6 | )
Balance December 31, 2018 |  | $ | 0.9 |  |  | $ | 6.2 |  |  | $ | 7.1 |
The following table details the liabilities related to the sold ETG segment's severance and other costs recorded within discontinued operations, NATG segment's leases and other costs and liabilities that remain from the sold Misco Germany business (Corporate) for 2017 (in millions):
| ETG - Workforce Reductions and Personnel Costs |  | Corporate – Lease liabilities and other costs |  | NATG – Lease liabilities and other exit costs |  | Total
Balance, January 1, 2017 | $ | 0.0 |  |  | $ | 1.2 |  |  | $ | 19.3 |  |  | $ | 20.5 |
Charged to expense | 0.3 |  |  | 0.0 |  |  | 6.5 |  |  | 6.8 |
Paid or otherwise settled | (0.3 | ) |  | 0.0 |  |  | (6.8 | ) |  | (7.1 | )
Balance, December 31, 2017 | $ | 0.0 |  |  | $ | 1.2 |  |  | $ | 19.0 |  |  | $ | 20.2 |

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