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DISCONTINUED OPERATIONS
3 Months Ended
Mar. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]  
DISCONTINUED OPERATIONS

3.       DISCONTINUED OPERATIONS

On March 30, 2012, the Corporation sold the assets and real estate of its heat treating business, which had been reported in the Surface Technologies segment, to Bodycote plc. The Corporation divested this non-core business to focus on higher technology services such as specialty coatings and materials testing. The heat treating business' operating results are included in discontinued operations in the Corporation's Condensed Consolidated Statements of Earnings for all periods presented.

Components of earnings from discontinued operations for the three months ended March 31, 2012 were as follows:

     (In thousands)
     March 31,
    2012
Net sales     $ 10,785
Earnings from discontinued operations before income taxes      4,929
Provision for income taxes      (1,870)
Gain on divestiture, net of taxes of $11,172      18,411
Earnings from discontinued operations     $ 21,470