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Discontinued Operations (Tables) | 9 Months Ended
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Sep. 30, 2017
Discontinued Operations and Disposal Groups [Abstract] |
Summary of Discontinued Operations | The following table summarizes the major line items included in the results of operations of the discontinued operations.
|  | Three Months Ended |  |  | Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
Net sales |  | $ | 31,600 |  |  | $ | 58,247 |  |  | $ | 168,287 |  |  | $ | 188,149 |
Cost of products sold (exclusive of depreciation and amortization shown separately below) |  |  | 26,070 |  |  |  | 45,353 |  |  |  | 130,554 |  |  |  | 145,426 |
Selling, general and administrative expense |  |  | 2,466 |  |  |  | 4,146 |  |  |  | 11,589 |  |  |  | 13,211 |
Depreciation and amortization |  |  | 1,611 |  |  |  | 2,956 |  |  |  | 7,723 |  |  |  | 8,766 |
Restructuring and integration expense |  |  | — |  |  |  | 50 |  |  |  | 427 |  |  |  | 2,390 |
Income from operations |  |  | 1,453 |  |  |  | 5,742 |  |  |  | 17,994 |  |  |  | 18,356 |
Gain on disposal of discontinued operations |  |  | 215,280 |  |  |  | — |  |  |  | 215,280 |  |  |  | — |
Other income (expense) |  |  | (59 | ) |  |  | (98 | ) |  |  | (265 | ) |  |  | (325 | )
Income (loss) from discontinued operations before provision (benefit) for income taxes |  |  | 216,674 |  |  |  | 5,644 |  |  |  | 233,009 |  |  |  | 18,031 |
Provision for income taxes |  |  | (80,849 | ) |  |  | (1,981 | ) |  |  | (86,430 | ) |  |  | (5,467 | )
Income (loss) from discontinued operations, net of tax |  |  | 135,825 |  |  |  | 3,663 |  |  |  | 146,579 |  |  |  | 12,564 |
The following table summarizes the carrying amounts of major classes of assets and liabilities of discontinued operations for each of the periods presented.
|  | September 30, |  |  | December 31, |
|  | 2017 |  |  | 2016 |
Cash |  | $ | — |  |  | $ | 8,134 |
Accounts receivable, net |  |  | — |  |  |  | 46,114 |
Inventories |  |  | — |  |  |  | 47,714 |
Other current assets |  |  | — |  |  |  | 4,755 |
Total current assets of discontinued operations |  |  | — |  |  |  | 106,717 |
Property, plant and equipment, net |  |  | — |  |  |  | 92,373 |
Goodwill, net |  |  | — |  |  |  | 8,909 |
Intangible assets, net |  |  | — |  |  |  | 1,718 |
Other non-current assets |  |  | — |  |  |  | 290 |
Total non-current assets of discontinued operations |  |  | — |  |  |  | 103,290 |
Total assets of discontinued operations |  | $ | — |  |  | $ | 210,007 |
Accounts payable |  | $ | — |  |  | $ | 31,014 |
Accrued salaries, wages and benefits |  |  | — |  |  |  | 9,234 |
Income taxes payable |  |  | — |  |  |  | 2,997 |
Other current liabilities |  |  | — |  |  |  | 2,176 |
Total current liabilities of discontinued operations |  |  | — |  |  |  | 45,421 |
Deferred tax liabilities |  |  | — |  |  |  | 3,522 |
Accrued post-employment benefits |  |  | — |  |  |  | 4,707 |
Other non-current liabilities |  |  | — |  |  |  | 3,731 |
Total non-current liabilities of discontinued operations |  |  | — |  |  |  | 11,960 |
Total liabilities of discontinued operations |  | $ | — |  |  | $ | 57,381 |
The following table presents the significant noncash items and cash paid for capital expenditures of discontinued operations for each period presented.
|  | Nine Months Ended |
|  | September 30, |
|  | 2017 |  |  | 2016 |
Depreciation and amortization |  | $ | 7,723 |  |  | $ | 8,766 |
Acquisition of property, plant and equipment |  | $ | 10,024 |  |  | $ | 14,015 |

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: 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=64827811&loc=d3e1474-107760 Reference 4: 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=64827811&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 + Details
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