XML 45 R9.htm IDEA: XBRL DOCUMENT v2.4.0.8
Discontinued Operations
 12 Months Ended
Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations
In 2007 and 2008, we completed the sale of the majority of our non-core businesses; however, we continue to incur legal fees, settlements and other expenses based on provisions in the purchase agreements.
Charges to discontinued operations are as follows:
 
 
Years Ended December 31,
 
 
2013
 
2012
 
2011
Environmental and legal charges and settlements
 
$
(0.7
)
 
$
(0.9
)
 
$
(2.0
)
Workers' compensation and product liability claims
 
(2.4
)
 
(0.8
)
 
0.3

Legal fee reimbursements
 
—

 
0.8

 
—

Grafton operating costs
 
—

 
(0.4
)
 
(0.2
)
Mutual release agreement
 
—

 
0.4

 
—

Gain on sale of Grafton
 
—

 
0.4

 
—

Total (loss) from discontinued operations, net of tax
 
$
(3.1
)
 
$
(0.5
)
 
$
(1.9
)
For the year ended December 31, 2012, legal fee reimbursements were for the Platinum lawsuit received under our Directors and Officers insurance. We sold our Grafton facility in the fourth quarter of 2012 for net cash consideration of $0.9 million. See Note 12, “Income Taxes”, for a discussion of income taxes included in discontinued operations.