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Divestiture-related activities
 12 Months Ended
Dec. 31, 2014
Divestiture-Related Activities [Abstract]  
Divestiture-related activities
Divestiture-related activities
Assets Held for Sale
The table below provides information regarding assets held for sale at December 31, 2014 and 2013. At December 31, 2014, these assets consisted of two buildings and other assets, which the Company is actively marketing.
 
2014
 
2013
Assets held for sale:
(Dollars in thousands)
Property, plant and equipment
$
7,422

 
$
10,428

Total assets held for sale
$
7,422

 
$
10,428


Discontinued Operations
The Company has recorded $3.4 million, $2.2 million and $2.7 million of expense during 2014, 2013 and 2012, respectively, associated with retained liabilities related to businesses that have been divested.
On August 26, 2012, the Company completed the sale of the orthopedic business of its OEM segment for $45.2 million in cash and realized a loss of $39 thousand, net of tax, from the sale of this business.
The results of the Company’s discontinued operations for the years 2014, 2013 and 2012 were as follows:
 
2014
 
2013
 
2012
 
(Dollars in thousands)
Net revenues
$
—

 
$
—

 
$
16,616

Costs and other expenses
3,407

 
2,205

 
18,328

Goodwill impairment(1)
—

 
—

 
9,700

Gain on disposition(2)
—

 
—

 
2,205

Loss from discontinued operations before income taxes
(3,407
)
 
(2,205
)
 
(9,207
)
Tax benefit on loss from discontinued operations
(698
)
 
(1,770
)
 
(1,887
)
Loss from discontinued operations
$
(2,709
)
 
$
(435
)
 
$
(7,320
)

(1)
During 2012, the Company recognized a non-cash goodwill impairment charge of $9.7 million to adjust the carrying value of its former orthopedic business to its estimated fair value.
(2)
The $2.2 million pre-tax gain on disposition during 2012 primarily reflects the gain recognized on the working capital adjustment related to the sale of the Company's former cargo systems and cargo container businesses.