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Discontinued Operations
 9 Months Ended
Sep. 30, 2016
Discontinued Operations [Abstract]  
Discontinued Operations
11.
Discontinued Operations

In connection with the 2014 Restructuring Plan, the Company approved a plan to dispose of a business unit within the Color segment, located near Leipzig, Germany. Since 2014, the business has met the criteria to be presented as a discontinued operation as established in ASC Subtopic 205-20, Discontinued Operations. The results of this business have been reported as a discontinued operation in the Consolidated Condensed Statements of Earnings for all periods presented. During the three months ended June 30, 2016, the facility and remaining assets were sold for a gain of $0.2 million. In addition, the entity was liquidated resulting in a reclassification of the cumulative translation adjustment of $3.3 million into net earnings.
 
The following table summarizes the discontinued operation’s results for the three and nine months ended September 30, 2016 and 2015:

  
Three Months Ended
September 30,
  
Nine Months Ended
September 30,
 
(In thousands)
 
2016
  
2015
  
2016
  
2015
 
             
Revenue
 
$
-
  
$
-
  
$
-
  
$
187
 
Gain (Loss) from discontinued operations before income taxes
  
-
   
(11
)
  
3,410
   
(439
)
Income tax (expense) benefit
  
-
   
(36
)
  
(67
)
  
91
 
Gain (Loss) from discontinued operations, net of tax
 
$
-
  
$
(47
)
 
$
3,343
  
$
(348
)