Quarterly report pursuant to Section 13 or 15(d)

Discontinued Operations

v3.4.0.3
Discontinued Operations
 3 Months Ended
Mar. 31, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
Discontinued Operations
 
In November 2014, the Company ceased its operations in Venezuela due to the difficulties and uncertainties related to import controls, difficulties associated with repatriating cash and high inflation. This market was part of the Company’s NSP Americas segment and all of the income from discontinued operations is attributable to the common shareholders of the Company.
 
The following table summarizes the operating results of the Company’s discontinued operations (dollar amounts in thousands):
 
 
March 31,
2016
 
March 31,
2015
Net sales revenue
$
—

 
$
—

 
 
 
 
Income before income tax provision
$
—

 
$
1,312

Income tax provision
—

 
—

Income from discontinued operations
$
—

 
$
1,312


 
During the three months ended March 31, 2015, the Company received $1.3 million in net proceeds from the sales of its fixed assets in Venezuela, which is included in the results from discontinued operations.