Discontinued Operations

6 Months Ended

Jun. 30, 2016

Discontinued Operations And Disposal Groups [Abstract]

Discontinued Operations

11. DISCONTINUED OPERATIONS

The Company recorded $4.4 million after-tax income from discontinued operations in the first six months of 2016 primarily as a result of payments received from settlement agreements with insurers, as well as with Crane Co., in connection with the declaratory action filed in the United States District court for the Eastern District of Missouri. The Company recorded a loss of $0.4 million in the first six months of 2015 due to environmental and related legal expenses.