Discontinued Operations

12 Months Ended

Dec. 27, 2014

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

4. Discontinued Operations

In fiscal 2012, we exited the international portion of our ScanTech business due to continued operating losses and to focus on growing our North American business. ScanTech was headquartered outside Stockholm, Sweden and distributed a line of Volvo and Saab replacement parts throughout the world.

The following table summarizes ScanTech’s net sales and income before taxes which have been presented as a discontinued operation in the Consolidated Statements of Operations:

(in thousands)	December 27, 2014		December 28, 2013		December 29, 2012
Net sales	$	—	$	—	$	2,907
Income before taxes		—		—		3,203

During fiscal 2012, we reclassified approximately $3.0 million of previously recorded currency translation adjustments from accumulated other comprehensive income to net income as a result of the substantial liquidation of our investment and recorded a deferred tax asset of $1.4 million related to foreign tax credits.