Discontinued operations (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Condensed Income Statement and Balance Sheet

Selected financial data for the operations of the disposed Furniture Components segment is presented below:


	Years ended December 31,
	2010			2011			2012
	(In thousands)
Net sales	$	59,125		$	59,021		$	60,722

Operating income	$	3,447		$	9,061		$	7,364
Other income, net		43			66			25
Interest expense		—			(82	)		(105	)

Income before income taxes		3,490			9,045			7,284
Income tax expense		(3,877	)		(4,876	)		(3,484	)

Net income (loss)	$	(387	)	$	4,169		$	3,800

Major classes of assets and liabilities of disposed operations included in our December 31, 2011 Balance Sheet are as follows:


	December 31, 2011
	(In thousands)
Cash	$	6,337
Receivables, net		6,087
Inventories		7,568
Other current assets		570
Goodwill and other intangibles		12,052
Property and equipment, net		17,424
Other noncurrent assets		312

Total assets	$	50,350

Current liabilities	$	7,858
Noncurrent liabilities		3,294

Total liabilities	$	11,152

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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