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DISPOSITIONS AND SPECIAL GAINS AND CHARGES (Tables) | 12 Months Ended
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Dec. 31, 2019
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, 2019, 2018 and 2017. Results of discontinued operations are as follows:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Net sales | $ | 0.0 |  |  | $ | 352.0 |  |  | $ | 590.6 |
Cost of sales | 0.0 |  |  | 295.8 |  |  | 498.3 |
Gross profit | 0.0 |  |  | 56.2 |  |  | 92.3 |
Selling, distribution and administrative expenses | 2.1 |  |  | 36.5 |  |  | 74.7 |
Pre-tax book gain on sale of France business | 0.0 |  |  | (178.9 | ) |  | 0.0 |
Special charges, net | 0.0 |  |  | 0.6 |  |  | 30.6 |
Operating (loss) income from discontinued operations | (2.1 | ) |  | 198.0 |  |  | (13.0 | )
Foreign currency exchange (income) loss | 0.0 |  |  | (0.2 | ) |  | 0.8 |
Interest and other expense (income), net | 0.0 |  |  | 0.0 |  |  | 0.3 |
Income (loss) of discontinued operations before income taxes | (2.1 | ) |  | 198.2 |  |  | (14.1 | )
(Benefit) provision for income tax | (0.6 | ) |  | 23.0 |  |  | 11.0 |
Net income (loss) from discontinued operations | $ | (1.5 | ) |  | $ | 175.2 |  |  | $ | (25.1 | )
Net income (loss) per share - basic | $ | (0.04 | ) |  | $ | 4.69 |  |  | $ | (0.68 | )
Net income (loss) per share - diluted | $ | (0.04 | ) |  | $ | 4.62 |  |  | $ | (0.67 | )
Special Charge Liabilities | The following table details liabilities related to the exit costs of the sold businesses that remain for 2019 (in millions):
|  | Accrued exit costs
Balance January 1, 2019 |  | $ | 2.8 |
Charged to expense |  | 0.7 |
Paid or otherwise settled |  | (0.7 | )
Balance December 31, 2019 |  | $ | 2.8 |
On January 1, 2019, the Company reclassified approximately $4.3 million of the opening balance of the exit cost liability related to lease obligations to operating lease right-of-use assets. The following table details liabilities related to the exit costs of the sold businesses for 2018 (in millions):
|  | Accrued exit costs
Balance, January 1, 2018 |  | $ | 20.2 |
Charged to expense |  | 2.5 |
Paid or otherwise settled |  | (15.6 | )
Balance, December 31, 2018 |  | $ | 7.1 |

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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
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