XML 44 R22.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Discontinued Operations (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2014
Discontinued Operations [Abstract] |
Statements of Operations for Discontinued Operations | The following tables display summarized activity in our condensed consolidated statements of operations for discontinued operations during the three and nine months ended September 30, 2014 and 2013, related to the Wiring business.
|  |  |  | Three months ended |  | Nine months ended
|  |  |  | September 30, |  | September 30,
|  |  |  | 2014 (A) |  | 2013 |  | 2014 (A) |  | 2013
Net sales |  |  | $ | 21,142 | $ | 71,955 | $ | 167,434 | $ | 221,755
Cost of goods sold (C) |  |  |  | 21,669 |  | 68,165 |  | 154,787 |  | 204,599
Selling, general and administrative (C) |  |  |  | 2,048 |  | 5,687 |  | 12,645 |  | 17,179
Interest expense, net |  |  |  | 43 |  | 49 |  | 69 |  | 244
Other expense, net |  |  |  | (147) |  | (222) |  | (58) |  | (314)
Income (loss) from operations of discontinued |  |  |  |  |  |
operations before income taxes (C) (D) |  |  |  | (2,471) |  | (1,724) |  | (9) |  | 47
Income tax (provision) benefit on discontinued operations | 911 |  | (222) |  | 95 |  | (900)
Income (loss) from discontinued operations, net of tax | (1,560) |  | (1,946) |  | 86 |  | (853)
Loss on disposal (B) |  |  |  | (4,263) |  | - |  | (6,160) |  | -
Income tax provision on loss on disposal |  |  |  | (2,285) |  | - |  | (1,621) |  | -
Loss on disposal, net of tax |  |  |  | (6,548) |  | - |  | (7,781) |  | -
Loss from discontinued operations |  |  | $ | (8,108) | $ | (1,946) | $ | (7,695) | $ | (853)
| (A) |  | The operations of the Wiring business were included only for the one and seven months ended July 31, 2014 as the sale was completed on August 1, 2014.
| (B) |  | Included in loss on disposal for the three and nine months ended September 30, 2014 were transaction costs of $377 and $1,274, res pectively, and $2,734 in previously deferred foreign currency translation.
| (C) |  | The assets and liabilities of the Wiring business were reclassified as held for sale effective May 26, 2014. Accordingly, depreciation and amortization for the Wiring assets were not recorded after that date.
| (D) |  | Management fees, which had been reported in the Wiring business in prior periods, of $1,863 and $5,589 for the three and nine months ended September 30, 2013, respectively, have been excluded as they are not directly attributable to the business.
Schedule of Depreciation, Amortization, and Capital Expenditures of Discontinued Operations |
|  |  |  | Three months ended |  | Nine months ended
|  |  |  | September 30, |  | September 30,
|  |  |  | 2014 |  | 2013 |  | 2014 |  | 2013
Depreciation and amortization |  |  | $ | - | $ | 1,199 | $ | 2,111 | $ | 3,606
Capital expenditures |  |  |  | 397 |  | 1,261 |  | 1,238 |  | 2,765
Assets and Liabilities Held-for-Sale | The following table displays a summary of the Wiring assets and liabilities held for sale as of December 31, 2013.
|  |  |  | December 31,
|  | 2013
Assets |  |  |  |
Accounts receivable, less reserves |  |  | $ | 31,287
Inventories, net |  |  |  | 34,530
Prepaid expenses and other current assets |  |  |  | 1,786
Property, plant and equipment, net |  |  |  | 24,549
Goodwill |  |  |  | 4,173
Intangible assets, net |  |  |  | 344
Other assets |  |  |  | 300
Total assets |  |  | $ | 96,969
Liabilities |  |  |  |
Accounts payable |  |  |  | 27,413
Accrued expenses and other current liabilities |  |  |  | 9,341
Total liabilities |  |  | $ | 36,754
Total net assets held for sale |  |  | $ | 60,215

X
- Definition Assets and Liabilities Held-for-Sale [Table Text Block] + References No definition available. + Details
Name: | sri_AssetsAndLiabilitiesHeldForSaleTableTextBlock
Namespace Prefix: | sri_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Depreciation, Amortization, and Capital Expenditures of Discontinued Operations [Table Text Block] + References No definition available. + Details
Name: | sri_ScheduleOfDepreciationAmortizationAndCapitalExpendituresOfDiscontinuedOperationsTableTextBlock
Namespace Prefix: | sri_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DiscontinuedOperationsAndDisposalGroupsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e957-107759 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1510-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2443-110228 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1474-107760 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration