Discontinued Operations Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2019

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations [Table Text Block]

The carrying value of the assets and liabilities of Lamons held in discontinued operations were as follows:

	December 31, 2018
Assets
Current assets:
Receivables, net	$	25,940
Inventories	45,960
Prepaid expenses and other current assets	530
Total current assets	72,430
Property and equipment, net	15,850
Other intangibles, net	6,640
Other assets	450
Total assets	$	95,370
Liabilities
Current liabilities:
Accounts payable	$	26,010
Accrued liabilities	4,410
Total current liabilities	30,420
Deferred income taxes	2,230
Total liabilities	$	32,650

Results of discontinued operations are summarized as follows (dollars in thousands):

	Year ended December 31,
	2019			2018			2017
Net sales	$	182,590		$	172,110		$	161,580
Cost of sales	(138,100		)	(128,100		)	(131,470		)
Gross profit	44,490			44,010			30,110
Selling, general and administrative expenses	(32,920		)	(30,590		)	(29,240		)
Net gain (loss) on dispositions of assets	38,900			(160		)	(4,420		)
Operating profit (loss)	50,470			13,260			(3,550		)
Interest expense	—			—			(10		)
Other income (expense), net	(30		)	360			(110		)
Other income (expense), net	(30		)	360			(120		)
Income (loss) from discontinued operations, before income taxes	50,440			13,620			(3,670		)
Income tax expense	(13,760		)	(4,030		)	(1,330		)
Income (loss) from discontinued operations, net of tax	$	36,680		$	9,590		$	(5,000	)