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Discontinued Operations (Tables)
 6 Months Ended
Jun. 26, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
Income (loss) from discontinued operations is comprised of the following:
Three Months EndedSix Months Ended
June 26, 2021June 27, 2020June 26, 2021June 27, 2020
Net sales (a)$212,376 $72,583 $358,838 $157,916 
Cost of sales(86,961)(74,907)(169,688)(158,057)
Gross margin125,415 (2,324)189,150 (141)
Selling, general and administrative expenses and other (10,428)(6,935)(18,894)(14,958)
Operating income (loss) 114,987 (9,259)170,256 (15,099)
Interest expense (b)(2,703)(2,110)(5,317)(4,172)
Other non-operating income368 604 713 1,257 
Income (loss) from discontinued operations before income taxes112,652 (10,765)165,652 (18,014)
Income tax benefit (expense)1,279 1,343 (62,538)1,745 
Income (loss) from discontinued operations, net of taxes$113,931 $(9,422)$103,114 $(16,269)
Gain from sale of discontinued operation, pre-tax— — — 955 
Income tax benefit (expense) on gain64 — (183)
Gain from sale of discontinued operations, net of tax (c)— 64 — 772 
Income (Loss) from Discontinued Operations$113,931 $(9,358)$103,114 $(15,497)

(a) Net of intercompany sales of $10 million and $9 million for three months ended June 26, 2021 and June 27, 2020, respectively, and $22 million and $22 million for the six months ended June 26, 2021 and June 27, 2020, respectively.
(b)    The Company has allocated interest expense to discontinued operations based on the portion of debt not attributable to other operations that it expects to repay as a result of the transaction.
(c)    Also included in income from discontinued operations for the three and six months ended June 27, 2020 is income of $64 thousand and $772 thousand, respectively, from working capital adjustments that arose following the closing of the November 2019 sale of the Company’s Matane, Quebec pulp mill.

Other discontinued operations information is as follows:    
Three Months EndedSix Months Ended
June 26, 2021June 27, 2020June 26, 2021June 27, 2020
Depreciation and amortization$— $2,957 $3,173 $5,782 
Capital expenditures$2,326 $(187)$5,814 $3,428 
The following table presents the major classes of assets and liabilities of discontinued operations that are classified as held for sale:
June 26, 2021December 31, 2020
Inventory $92,624 $62,837 
Prepaid and other current assets9,446 9,725 
Total current assets102,070 72,562 
Property, plant and equipment, net97,980 97,151 
Other assets45,593 43,552 
   Total assets$245,643 $213,265 
Accrued and other current liabilities$933 $780 
Total current liabilities933 780 
Pension and Other Postretirement Benefits9,578 9,316 
Other long-term liabilities3,402 2,498 
Total liabilities$13,913 $12,594