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Divestiture-related activities
 12 Months Ended
Dec. 31, 2016
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, 2016 and 2015. At December 31, 2016, these assets consisted of one building, which was sold on January 12, 2017.
 
2016
 
2015
Assets held for sale:
(Dollars in thousands)
Property, plant and equipment
$
2,879

 
$
6,972

Total assets held for sale
$
2,879

 
$
6,972


For the year ended December 31, 2016, the Company disposed of one held for sale building for $6.0 million, which resulted in a gain of $2.8 million. Additionally, the Company recorded an impairment charge of $1.0 million associated with a building held for sale for the year ended December 31, 2016.
Discontinued Operations
The results of the Company’s discontinued operations for the years ended December 31, 2016, 2015 and 2014 were as follows:
 
2016
 
2015
 
2014
 
(Dollars in thousands)
Costs and other expenses (1)
$
922

 
$
1,730

 
$
3,407

Loss from discontinued operations before income taxes
(922
)
 
(1,730
)
 
(3,407
)
Tax benefit on loss from discontinued operations (2)
1,112

 
10,635

 
698

Income (loss) from discontinued operations
$
190

 
$
8,905

 
$
(2,709
)

(1)
Includes expenses associated with retained liabilities related to divested businesses.
(2)
The tax benefit on loss from discontinued operations recognized in 2015 reflects a reduction in U.S. liabilities associated with unrecognized tax benefits as a result of the conclusion of an audit.