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DISCONTINUED OPERATIONS (Tables)
6 Months Ended
Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures
The table below includes activity related to these operations:
 
Six Months Ended June 30,
 
Three Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
External sales:
 
 
 
 
 
 
 
Commercial Products - Store Fixtures
$

 
$
12.3

 
$

 
$
6.1

 
 
 
 
 
 
 
 
Earnings (loss):
 
 
 
 
 
 
 
Commercial Products - Store Fixtures
.5

 
3.3

 
.4

 
2.9

Subsequent activity related to previous divestitures (1)
31.4

 
(1.5
)
 
31.4

 
(.7
)
Earnings before interest and income taxes
31.9

 
1.8

 
31.8

 
2.2

Income tax expense
(11.5
)
 
(.5
)
 
(11.5
)
 
(.4
)
Earnings from discontinued operations, net of tax
$
20.4

 
$
1.3

 
$
20.3

 
$
1.8



(1) Subsequent activity for businesses divested in prior years has been reported as discontinued operations in the table above, including proceeds from an antitrust litigation settlement discussed in Note 15 of $31.4 associated with our former Prime Foam Products unit. This unit was sold in March 2007 and was previously part of the Residential Furnishings Segment.








Assets Held for Sale

We had no material assets held for sale at June 30, 2016 or December 31, 2015.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other Divestitures

The following businesses were divested during the periods presented, but did not meet the discontinued operations criteria.

 
Date
Six Months Ended June 30,
 
Three Months Ended June 30,
 
Divested
2016
 
2015
 
2016
 
2015
External Sales:
 
 
 
 
 
 
 
 
   Industrial Materials:
 
 
 
 
 
 
 
 
      One Wire Products operation
Second quarter 2016
$
19.5

 
$
25.4

 
$
8.1

 
$
12.5

      Steel Tubing business unit
Fourth quarter 2015

 
47.9

 

 
23.1

   Specialized Products:
 
 
 
 
 
 
 
 
      One Commercial Vehicle Products (CVP) operation
Second quarter 2016
15.3

 
13.3

 
7.8

 
6.3

      One CVP operation
Fourth quarter 2015

 
6.8

 

 
4.0

Total External Sales
 
$
34.8

 
$
93.4

 
$
15.9

 
$
45.9

EBIT:
 
 
 
 
 
 
 
 
   Industrial Materials:
 
 
 
 
 
 
 
 
      One Wire Products operation
Second quarter 2016
$
1.2

 
$
.2

 
$
.8

 
$
.3

      Steel Tubing business unit
Fourth quarter 2015

 
1.3

 

 
.5

   Specialized Products:
 
 
 
 
 
 
 
 
      One CVP operation
Second quarter 2016
2.8

 
1.7

 
1.3

 
.7

      One CVP operation
Fourth quarter 2015

 
(.7
)
 

 
(.4
)
Total EBIT
 
$
4.0

 
$
2.5

 
$
2.1

 
$
1.1