Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations

v3.5.0.2
Discontinued Operations
9 Months Ended
Oct. 01, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations

The following table discloses the results of operations of the businesses reported as discontinued operations for the three months and nine months ended October 1, 2016 and October 3, 2015:
 
Three Months Ended
 
Nine Months Ended
(in millions)
October 1,
2016
 
October 3,
2015
 
October 1,
2016
 
October 3,
2015
Net sales
$

 
$

 
$

 
$
37.5

 
 
 
 
 
 
 
 
Earnings from discontinued operations before income taxes
$
0.1

 
$
1.0

 
$
2.7

 
$
1.4

Income tax provision (benefit)
0.0

 
0.1

 
1.0

 
(0.1
)
Earnings from discontinued operations, net of tax
0.1

 
0.9

 
1.7

 
1.5

Gain on disposal of discontinued operations, net of tax (A)

 
2.8

 

 
12.8

Earnings from discontinued operations, net of tax
$
0.1

 
$
3.7

 
$
1.7

 
$
14.3

    
(A) The Gain on disposal of discontinued operations, net of tax for the three months ended October 3, 2015 includes a pre-tax gain of $4.4 million and a net tax provision of $1.6 million. The Gain on disposal of discontinued operations for the nine months ended October 3, 2015 includes a pre-tax and after-tax gain of $12.8 million.

There were no assets or liabilities held for sale as of October 1, 2016, December 31, 2015 or October 3, 2015.