Print Page  |  Close Window

SEC Filings

10-Q
NN INC filed this Form 10-Q on 11/09/2017
Entire Document
 


Table of Contents

The following table summarizes the major line items included in the results of operations of the discontinued operations.

 

     Three Months Ended      Nine Months Ended  
     September 30,      September 30,  
     2017      2016      2017      2016  

Net sales

   $ 31,600      $ 58,247      $ 168,287      $ 188,149  

Cost of products sold (exclusive of depreciation and amortization shown separately below)

     26,070        45,353        130,554        145,426  

Selling, general and administrative expense

     2,466        4,146        11,589        13,211  

Depreciation and amortization

     1,611        2,956        7,723        8,766  

Restructuring and integration expense

     —          50        427        2,390  
  

 

 

    

 

 

    

 

 

    

 

 

 

Income from operations

     1,453        5,742        17,994        18,356  

Gain on disposal of discontinued operations

     215,280        —          215,280        —    

Other income (expense)

     (59      (98      (265      (325
  

 

 

    

 

 

    

 

 

    

 

 

 

Income (loss) from discontinued operations before provision (benefit) for income taxes

     216,674        5,644        233,009        18,031  

Provision for income taxes

     (80,849      (1,981      (86,430      (5,467
  

 

 

    

 

 

    

 

 

    

 

 

 

Income (loss) from discontinued operations, net of tax

     135,825        3,663        146,579        12,564  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

10