Note 3 - Discontinued Operations

9 Months Ended

Sep. 30, 2019

Notes to Financial Statements

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

3. Discontinued Operations

On

December 

26,

2017,

the Company completed the sale of substantially all of the assets associated with the Company’s manufacturing facility in Atchison, Kansas, including all of the real and tangible personal property located at the site of that manufacturing facility. Total consideration of

$37.2

 million in cash was paid by the buyer, resulting in a nominal gain recognized on the sale. Of the proceeds received,

$0.8

 million was placed in escrow until it was released in

February 2018

and

$3.7

 million was placed in escrow until it was released in

December 2018.

In accordance with applicable accounting guidance, cash flows from the Company’s discontinued operations are presented separately in the Condensed Consolidated Statements of Cash Flows.