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Divestiture-Related Activities (Schedule Of Operating Results Of Operations Treated As Discontinued Operations) (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended
Jul. 01, 2012
Jun. 26, 2011
Jul. 01, 2012
Jun. 26, 2011
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Net revenues $ 6,637 $ 63,417 $ 13,827 $ 158,893
Costs and other expenses 7,250 62,506 13,511 150,045
Goodwill impairment 9,700 [1]   9,700 [1]  
Gain (loss) on disposition 2,264 [2] (4,504) [2] 2,264 [2] 52,269 [2]
Income (loss) from discontinued operations before income taxes (8,049) (3,593) (7,120) 61,117
Provision for income taxes (3,682) [3] (6,982) [3] (3,358) [3] (6,966) [3]
Income (loss) from discontinued operations (4,367) 3,389 (3,762) 68,083
Less: Income from discontinued operations attributable to noncontrolling interest   159   318
Income (loss) from discontinued operations attributable to common shareholders $ (4,367) $ 3,230 $ (3,762) $ 67,765
[1] During the second quarter of 2012, the Company recognized a non-cash goodwill impairment charge of $9.7 million to adjust the carrying value of the orthopedic business to its estimated fair value.
[2] The $2.3 million pre-tax gain on disposition in 2012 reflects the gain recognized on the working capital adjustment in the second quarter related to the sale of the cargo systems and cargo container businesses.
[3] The provision for income taxes for the three and six months ended July 1, 2012 was impacted favorably by the realization of a tax benefit on impairment of goodwill. The provision for income taxes for the three months ended June 26, 2011 was impacted favorably by the realization of net tax benefits resulting from the resolution (including the expiration of statutes of limitation) of U.S. federal, state, and foreign tax matters relating to prior years. In addition, the provision for income taxes for the six months ended June 26, 2011 was further impacted favorably because taxes on the sale of the marine business were incurred at a rate that was significantly lower than the statutory tax rate.