Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations

v3.5.0.2
Discontinued Operations
 6 Months Ended
Jul. 02, 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 six months ended July 2, 2016 and July 4, 2015:
 
Three Months Ended
 
Six Months Ended
(in millions)
July 2,
2016
 
July 4,
2015
 
July 2,
2016
 
July 4,
2015
Net sales
$
—

 
$
12.3

 
$
—

 
$
37.5

 
 
 
 
 
 
 
 
Earnings (loss) from discontinued operations before income taxes
$
(0.0
)
 
$
(0.2
)
 
$
2.6

 
$
0.4

Income tax provision (benefit)
(0.0
)
 
(0.4
)
 
1.0

 
(0.2
)
Earnings (loss) from discontinued operations, net of tax
(0.0
)
 
0.2

 
1.6

 
0.6

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

 
10.0

 
—

 
10.0

Earnings (loss) from discontinued operations, net of tax
$
(0.0
)
 
$
10.2

 
$
1.6

 
$
10.6

    
(A) On May 22, 2015, the Company completed the sale of its bowling products business and recorded a pre-tax gain of $8.4 million and a net tax benefit of $1.6 million.

There were no assets or liabilities held for sale as of July 2, 2016, December 31, 2015 or July 4, 2015.