Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of net sales and income from discontinued operations [Table Text Block]

Net sales and income, including the pre-tax gain of $3,193, from discontinued operations were as follows for the three years ended December 31:



		2013		2012		2011

Net sales	$	73	$	8,705	$	15,589

Income from discontinued operations	$	23	$	3,842	$	1,287
Income tax expense		9		2,418		459
Income from discontinued operations	$	14	$	1,424	$	828
Effective income tax rate		39.1	%	62.9	%	35.7	%

Goodwill of $2,588 allocated to SSD for discontinued operations was not deductible for income tax purposes, resulting in a 62.9% effective tax rate for 2012.

As of December 31, 2013 and 2012, the Company had $149 and $464 in current assets and $26 and $106 in current liabilities related to discontinued operations, respectively.

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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