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Discontinued Operations
 3 Months Ended
Mar. 31, 2017
Discontinued Operations [Abstract]  
Discontinued Operations
2.
Discontinued Operations

As detailed above, for 2017 and prior year periods the Company’s discontinued operations include the results of the SARL Businesses sold in March 2017 and the NATG business sold in December 2015.  The combined loss on the sale of the SARL Businesses totaled $23.3 million:  $8.2 million loss on sale of net assets; $14.4 million of translation adjustments and $0.7 million of legal, professional and other costs, are reflected in the special charges row below. Below is a summary of the impact on net sales, net loss and loss per share from discontinued operations for the periods ended March 31, 2017 and 2016.
 
  
Three Months Ended March 31
 
  
2017
  
2016
 
Net sales
 
$
117.0
  
$
155.1
 
Cost of sales
  
103.9
   
138.5
 
Gross profit
  
13.1
   
16.6
 
Selling, general & administrative expenses
  
17.6
   
28.3
 
Special charges
  
23.9
   
7.9
 
Operating loss from discontinued operations
  
(28.4
)
  
(19.6
)
Interest and other (income) loss, net
  
0.3
   
(0.9
)
Loss from discontinued operations before income taxes
  
(28.7
)
  
(18.7
)
Provision for income taxes
  
0.1
   
0.1
 
Net loss from discontinued operations
 $
(28.8
)
 
$
(18.8
)
Net loss per share
 $
(0.78
)
 
$
(0.51
)