Discontinued Operations and Divestitures (Tables)

12 Months Ended

Dec. 31, 2015

Discontinued Operations

The following is a summary of directly attributable transaction expenses which are included in discontinued operations for the year ended December 31, 2013:

	Year Ended December 31, 2013
	(in thousands)
WhiteWave	$	12,464
Morningstar	437
Total	$	12,901

Operating Expense

Discontinued Operations

The following is a summary of operating results and certain other directly attributable expenses, including interest expense, which are included in discontinued operations for the year ended December 31, 2013:

	Year Ended December 31, 2013
	WhiteWave				Morningstar			Total
	(In thousands)
Operations:
Net sales	$	940,431			$	5,919		$	946,350
Income (loss) before income taxes	57,126				(28		)	57,098
Income tax (expense) benefit	(54,306		)	(1)	11			(54,295		)
Net income (loss)	$	2,820			$	(17	)	$	2,803

(1) The income tax expense attributable to WhiteWave during the year ended December 31, 2013 includes approximately $31.1 million related to certain deferred intercompany transactions which were recognized upon the completion of the WhiteWave spin-off. Because these liabilities arose as a direct result of the spin-off of WhiteWave, we have reflected the income statement impact of such liabilities as a component of discontinued operations.