DISCONTINUED OPERATIONS (Tables)

6 Months Ended

Jun. 30, 2016

Discontinued Operations and Disposal Groups [Abstract]

Schedule of discontinued operations impact on income statement and balance sheets

esults of the discontinued operations consisted of the following:

	Three months ended June 30,					Six months ended June 30,
(Dollars in thousands)	2016		2015			2016			2015
Net sales	$	574	$	6,598		$	1,677		$	12,361
Cost of goods sold	11		3,703			1,194			6,777
Gross profit	563		2,895			483			5,584
Selling, general and administrative expense	344		3,165			1,369			6,415
Research and development expense	—		108			68			224
Operating income (loss) from discontinued operations	219		(378		)	(954		)	(1,055		)
Gain on sale of business/assets	963		—			963			—
Income (loss) from discontinued operations before income taxes	1,182		(378		)	9			(1,055		)
Income tax expense	—		43			—			89
Income (loss) from discontinued operations, net of taxes	$	1,182	$	(421	)	$	9		$	(1,144	)

Assets and liabilities of the discontinued operations are classified as assets held for sale and liabilities held for sale in the condensed consolidated balance sheets and consisted of the following:

	Dollars in Thousands
	June 30, 2016		December 31, 2015
ASSETS
Accounts receivable, net	$	647	$	1,905
Other current assets	43		82
Total Assets	$	690	$	1,987
LIABILITIES
Accrued compensation	$	—	$	264
Total Liabilities	$	—	$	264

The following is a summary of activity for the allowance for doubtful accounts from discontinued operations during the three and six months ended June 30, 2016 and 2015. The allowance for doubtful accounts from discontinued operations is included in the assets held for sale in the condensed consolidated balance sheets.

	Dollars in Thousands
	Beginning Balance		Additions		Deductions			Ending Balance
Three Months Ended June 30, 2016	$	14,542	$	—	$	(4,080	)	$	10,462
Three Months Ended June 30, 2015	$	9,173	$	1,198	$	(1,965	)	$	8,406
Six Months Ended June 30, 2016	$	14,664	$	—	$	(4,202	)	$	10,462
Six Months Ended June 30, 2015	$	7,927	$	2,730	$	(2,251	)	$	8,406