Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

Summary of Discontinued Operations

The following table summarizes the major line items included in the results of operations of the discontinued operations.

	Year Ended December 31,
	2017(1)			2016			2015
Net sales	$	168,287		$	248,534		$	261,837
Cost of products sold (exclusive of depreciation and amortization shown separately below)		130,555			192,994			205,361
Selling, general and administrative expense		11,818			16,992			17,468
Depreciation and amortization		7,722			11,852			11,496
(Gain) loss on disposal of assets		—			27			—
Restructuring and integration expense		429			4,366			2,019
Income from operations		17,763			22,303			25,493
Interest income (expense)		(181	)		(284	)		(317	)
Interest and other income (expense)		(84	)		503			(654	)
Income from discontinued operations before gain on disposal and provision for income taxes		17,498			22,522			24,522
Provision for income taxes on discontinued operations		(7,461	)		(6,369	)		(6,633	)
Income from discontinued operations before gain on disposal		10,037			16,153			17,889
Gain on disposal of discontinued operations		213,503			—			—
Provision for income taxes on gain on disposal		(85,852	)		—			—
Income from discontinued operations, net of tax	$	137,688		$	16,153		$	17,889

(1) Includes the results of operations of the PBC Business from January 1 to August 17, 2017.

The following table summarizes the carrying amounts of major classes of assets and liabilities of discontinued operations for each of the periods presented.

	As of December 31,
	2017		2016
Cash	$	—	$	8,134
Accounts receivable, net		—		46,114
Inventories		—		47,714
Other current assets		—		4,755
Total current assets of discontinued operations		—		106,717
Property, plant and equipment, net		—		92,373
Goodwill		—		8,909
Intangible assets, net		—		1,718
Other non-current assets		—		940
Total non-current assets of discontinued operations		—		103,940
Total assets of discontinued operations	$	—	$	210,657
Accounts payable	$	—	$	31,014
Accrued salaries, wages and benefits		—		9,234
Income taxes payable		—		2,825
Other current liabilities		—		2,176
Total current liabilities of discontinued operations		—		45,249
Deferred tax liabilities		—		4,173
Accrued post-employment benefits		—		4,707
Other non-current liabilities		—		3,731
Total non-current liabilities of discontinued operations		—		12,611
Total liabilities of discontinued operations	$	—	$	57,860

The following table presents the significant noncash items and cash paid for capital expenditures of discontinued operations for each period presented.

	Year Ended December 31,
	2017		2016		2015
Depreciation and amortization	$	7,722	$	11,852	$	11,496
Acquisition of property, plant and equipment	$	7,316	$	11,926	$	15,111