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Discontinued Operations (Tables) - Climate Control Group [Member] - Discontinued Operations [Member]
12 Months Ended
Dec. 31, 2015
Schedule of Carrying Amounts of Assets and Liabilities

The carrying amounts of the assets and liabilities of the Climate Control Group, are as follows:

 

 

 

December 31,

 

 

December 31,

 

 

 

2015

 

 

2014

 

 

 

(In Thousands)

 

Cash and cash equivalents

$

119

 

 

$

1,815

 

Accounts receivable, net

 

 

43,001

 

 

 

44,334

 

Inventories, net

 

 

28,780

 

 

 

31,742

 

Other current assets

 

 

1,096

 

 

 

473

 

Property, plant and equipment, net

 

 

26,779

 

 

 

31,081

 

Intangible and other, net

 

 

7,002

 

 

 

1,445

 

Total assets classified as held for sale

 

 

106,777

 

 

 

110,890

 

Less noncurrent assets classified as held for sale

 

 

33,781

 

 

 

32,526

 

Current assets classified as held for sale

 

$

72,996

 

 

$

78,364

 

 

 

 

 

 

 

 

 

 

Accounts payable

 

 

20,003

 

 

 

12,811

 

Current and noncurrent accrued and other liabilities

 

 

24,659

 

 

 

26,025

 

Total liabilities classified as held for sale

 

 

44,662

 

 

 

38,836

 

Less noncurrent liabilities classified as held for sale

 

 

12,136

 

 

 

11,285

 

Current liabilities classified as held for sale

 

$

32,526

 

 

$

27,551

 

 

Schedule of Results of Operating Information

Summarized results of discontinued operations are as follows for:

 

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

 

 

(In Thousands)

 

Net sales

$

274,086

 

 

$

265,358

 

 

$

285,018

 

Cost of sales

 

 

190,426

 

 

 

182,949

 

 

 

193,735

 

Selling, general and administrative expense

 

 

62,728

 

 

 

59,548

 

 

 

59,887

 

Interest expense

 

 

10

 

 

 

 

 

 

685

 

Other expense (income), net

 

 

608

 

 

 

219

 

 

 

(8

)

Income from operations of discontinued operations

 

 

20,314

 

 

 

22,642

 

 

 

30,719

 

Provision for income taxes

 

 

8,933

 

 

 

8,095

 

 

 

11,357

 

Income from discontinued operations, including taxes

 

$

11,381

 

 

$

14,547

 

 

$

19,362

 

 

Schedule of Condensed Cash Flow Information

Summarized condensed cash flow information of discontinued operations is as follows:

 

 

Year Ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

 

 

(In Thousands)

 

Deferred income taxes

$

8,917

 

 

$

7,463

 

 

$

11,219

 

Depreciation and amortization of property, plant

   and equipment

 

$

4,566

 

 

$

4,677

 

 

$

4,310

 

Stock-based compensation

 

$

634

 

 

$

1,140

 

 

$

1,093

 

Expenditures for property, plant and equipment

 

$

863

 

 

$

2,357

 

 

$

5,155

 

Software and software development costs

 

$

2,466

 

 

$

360

 

 

$

966