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DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE (Table)
9 Months Ended
Sep. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Aggregate Financial Results of Discontinued Operations
The aggregate financial results of all discontinued operations for the three and nine months ended September 30, 2016 and 2015 were as follows:

 
 
Three Months Ended
 
Nine Months Ended
(In thousands)
 
September 30,
 
September 30,
 
 
2016
 
2015
 
2016
 
2015
Net sales
 
$

 
$
727

 
$

 
$
58,011

Loss from discontinued operations before income taxes (1)
 

 
(872
)
 

 
(40,831
)
Income tax benefit / (expense)
 

 
(1,231
)
 

 
7,725

Loss on sale of businesses (2)
 

 
(2,155
)
 

 
(12,768
)
Loss from discontinued operations
 
$

 
$
(4,258
)
 
$

 
$
(45,874
)



(1) Loss from discontinued operations before income taxes includes approximately $41 million of held for sale impairment expense recorded in the nine months ended September 30, 2015.

(2) Net of tax benefit for the three and nine months ended September 30, 2015 of $3.0 million, respectively.