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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2014
Discontinued Operations  
Statement of Earnings of Discontinued Operation

 

                                                                                                                                                                                    

 

 

Year Ended

 

($ in thousands)

 

December 31,
2013

 

December 31,
2012

 

 

 

Net sales

 

$

155,055

 

$

272,437

 

Cost of goods sold

 

 

142,589

 

 

262,571

 

Insurance recovery for business interruption

 

 

 

 

(20,256

)

Selling, general and administrative expenses

 

 

11,617

 

 

17,315

 

Insurance recovery for property damage

 

 

 

 

(1,769

)

Restructuring and impairment charge

 

 

1,444

 

 

2,949

 

​  

​  

​  

​  

 

​  

​  

Operating (loss) earnings

 

 

(595

)

 

11,627

 

Other expense (income), net

 

 

(345

)

 

871

 

​  

​  

​  

​  

 

​  

​  

(Loss) earnings before income taxes

 

 

(940

)

 

12,498

 

Income tax (benefit) expense

 

 

(162

)

 

5,657

 

​  

​  

​  

​  

 

​  

​  

(Loss) earnings from discontinued operations

 

 

(778

)

 

6,841

 

Loss on sale of EMS operations (net of tax of $3,923)

 

 

(5,148

)

 

—  

 

​  

​  

​  

​  

 

​  

​  

Net (loss) earnings from discontinued operations

 

$

(5,926

)

$

6,841

 

​  

​  

​  

​  

 

​  

​