Discontinued Operations

3 Months Ended

Mar. 31, 2013

Discontinued Operations [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

Discontinued Operations

During the three months ended March 31, 2013, the Company's Hardware and Teach businesses, primarily included in the Specialty segment, were classified as discontinued operations based on the Company's commitment to divest the businesses. These disposal groups consist of convenience, cabinet and window hardware (Bulldog^®, Ashland^™ and Amerock^® as well as the Levolor^® and private label drapery hardware business); manual paint applicators (Shur-line^®); and interactive teaching solutions (primarily mimio^®). Based on the Company's strategy to allocate resources to its businesses relative to their growth potential and those with the greater right to win in the marketplace, the Company determined these businesses did not align with the Company's long-term growth plans and has initiated a plan to divest these businesses.

The following table provides a summary of amounts included in discontinued operations (in millions):

	Three Months Ended
	March 31,
	2013			2012
Net sales	$	69.2		$	81.9
(Loss) income from discontinued operations, before income taxes (1)	$	(11.7	)	$	1.0
Income tax benefit	(2.1		)	—
(Loss) income from discontinued operations, net of tax	$	(9.6	)	$	1.0

(1) Includes pretax impairments of $12.4 million (related tax benefit of $2.4 million) relating to goodwill, intangibles and other long-lived assets.