XML 14 R28.htm IDEA: XBRL DOCUMENT v3.20.1
DIVESTITURES
3 Months Ended
Mar. 28, 2020
Discontinued Operations and Disposal Groups [Abstract]  
DIVESTITURES DIVESTITURES

On May 30, 2019, the Company sold its Sargent & Greenleaf mechanical locks business within the Security segment, which resulted in net proceeds of $79.0 million and a pre-tax gain of $17.0 million in the second quarter of 2019. This divestiture did not qualify as a discontinued operation and is included in the Company's Consolidated Statements of Operations and Comprehensive (Loss) Income through the date of sale in 2019. Pre-tax income for this business totaled $3.1 million for the three months ended March 30, 2019.