DISCONTINUED OPERATIONS

3 Months Ended

Mar. 31, 2016

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS

On December 30, 2013, the Company announced that it was implementing the December 2013 Program, which primarily included exiting its direct manufacturing, warehousing and sales business operations in mainland China.

The results of the China discontinued operations are included within Loss from discontinued operations, net of taxes, and relate entirely to the Consumer segment. The summary comparative financial results of discontinued operations are as follows:

	Three Months Ended March 31,
	2016		2015
Net sales	$	—	$	—
Income (loss) from discontinued operations, before taxes	0.4		(0.1		)
Provision for income taxes	—		—
Income (loss) from discontinued operations, net of taxes	0.4		(0.1		)

Assets and liabilities of the China discontinued operations included in the Consolidated Balance Sheets consist of the following:

	March 31, 2016		December 31, 2015
Cash and cash equivalents	$	1.8	$	2.0
Trade receivables, net	0.2		0.2
Total current assets	2.0		2.2
Total assets	$	2.0	$	2.2
Accounts payable	$	0.5	$	0.7
Accrued expenses and other	3.7		3.6
Total current liabilities	4.2		4.3
Total liabilities	$	4.2	$	4.3