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Discontinued Operations
12 Months Ended
Dec. 31, 2014
Discontinued Operations [Abstract]  
Discontinued Operations
DISCONTINUED OPERATIONS

The following table provides information regarding the results of discontinued operations:
 
For the year ended December 31,
 
2014
 
2013
 
2012
In thousands
 
 
 
 
 
Net sales of discontinued operations
$
23,540

 
$
27,885

 
$
49,603

Income from discontinued operations
(3,806
)
 
(2,886
)
 
1,341

Other income (expense) from discontinued operations
(353
)
 
(292
)
 
(222
)
Earnings (loss) from discontinued operations before income taxes
(4,159
)
 
(3,178
)
 
1,119

Income tax benefit/(expense)
1,235

 
792

 
(364
)
Earnings (loss) from discontinued operations before gain/(loss) on disposal
(2,924
)
 
(2,386
)
 
755

Gain/(loss) on disposal of discontinued operations
(7,567
)
 

 
2,645

Income tax benefit/(expense)
2,583

 
420

 
(1,322
)
Net gain (loss) on disposal of discontinued operations
(4,984
)
 
420

 
1,323

Earnings (loss) from discontinued operations
$
(7,908
)
 
$
(1,966
)
 
$
2,078



Delamac Disposal

On December 19, 2014, the Company sold its Distribution segment's Mexico business unit, Delamac. As a result, the Company has reported the results of operations and consolidated financial position of this component as discontinued operations within the consolidated financial statements for all periods presented. The sale resulted in a net loss on disposal of discontinued operations of $5.3 million for the year ended December 31, 2014.

Canadian Operations Disposal

On December 31, 2012, the Company sold substantially all of the assets and liabilities of the Distribution segment's Canadian operations. As a result, the Company has reported the results of operations and consolidated financial position of this component as discontinued operations within the consolidated financial statements for all periods presented.

During 2014, the Company recorded earnings from discontinued operations of $0.3 million due to a pension settlement that resulted from the 2012 disposal of the Distribution segment's Canadian operations.