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DISCONTINUED OPERATIONS (Table)
 12 Months Ended
Dec. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Aggregate Financial Results of Discontinued Operations
The aggregate financial results of all discontinued operations for the years ended December 31 were as follows:
(In thousands)
 
2016
 
2015
 
2014
Net sales
 
$
—

 
$
57,992

 
$
363,869

Loss from discontinued operations before income taxes (1)
 
—

 
(40,984
)
 
(48,519
)
Income tax benefit / (expense)
 
(2,053
)
(3) 
7,926

 
14,268

Loss on sale of businesses (2)
 
—

 
(13,729
)
 
(22,360
)
Loss from discontinued operations
 
$
(2,053
)
 
$
(46,787
)
 
$
(56,611
)


(1) Loss from discontinued operations before income taxes includes approximately $40.8 million and $41.4 million of held for sale impairment expense in the year ended December 31, 2015 and December 31, 2014, respectively.

(2) In the year ended December 31, 2015, the Corporation recognized aggregate after tax losses of $13.7 million on the sale of the Aviation Ground, Downstream Oil & Gas, Engineered Packaging and two surface technology businesses. In 2014, the Corporation recognized aggregate after tax losses of $22.4 million on the sale of the Benshaw, 3D, Upstream Oil & Gas and Vessels business.