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Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2012
Summary Results for Discontinued Operations in Consolidated Statement of Earnings

Summary results for discontinued operations in our consolidated statement of earnings are as follows (in thousands):

 

     Year Ended December 31  
     2012      2011      2010  

Net sales

     $ 0              $     13,945              $     62,489        
  

 

 

    

 

 

    

 

 

 

Loss from discontinued operations

     $ (141)             $ (13,971)             $ (4,673)       

Income tax benefit

     218              1,299              1,837        

Gain on sale of discontinued operations

     930              68,745              0        

Income tax expense on sale

     0              (11,773)             0        
  

 

 

    

 

 

    

 

 

 

Income (loss) from discontinued operations

     $     1,007              $ 44,300              $ (2,836)       
  

 

 

    

 

 

    

 

 

 
Components of Cash Flows of Discontinued Operations

The components of cash flows of discontinued operations in our consolidated statement of cash flows are as follows (in thousands):

 

                 Year Ended December  31              
     2012      2011     2010  

Cash flows from discontinued operations:

       

Net cash (used) by operating activities

     $     0         $ (1,301     $ (2,164)       

Net cash provided by (used in) by investing activities

     0         0        0        

Net cash provided by (used in) by financing activities

     0         0        0        

Effect of exchange rate changes on cash

     0         0        1,771        
  

 

 

    

 

 

   

 

 

 

Net decrease in cash and cash equivalents

     0         (1,301     (393)       

Cash and cash equivalents at beginning of period

     0         1,301        1,694        
  

 

 

    

 

 

   

 

 

 

Cash and cash equivalents at end of period

     $ 0         $ 0        $ 1,301