DISCONTINUED OPERATIONS

12 Months Ended

Dec. 31, 2013

Discontinued Operations and Disposal Groups [Abstract]

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS

In the fourth quarter of 2010, the Company determined that its non-Coblation spine products met the criteria under GAAP to be reported as discontinued operations. The Company's non-Coblation spine products consisted of its Parallax and Contour product lines. As a result of this determination, the impact from these product lines on the Company's reported net income in all periods is separately reported as "Income from discontinued operations" in our consolidated statements of comprehensive income.

On June 30, 2011 the Company sold the discontinued operations for $5.5 million in cash and recorded a gain on the sale of assets of approximately $2.2 million ($1.3 million after tax), which is included in income from discontinued operations in the accompanying consolidated statements of comprehensive income for 2011.

Revenues, gain on the sale of assets, income and income taxes related to discontinued operations for the year ended December 31, 2011 were as follows (in thousands):

	Year Ended December 31,
	2011
Revenue	$	2,271
Gain on sale of assets	2,177
Income from discontinued operations before income taxes	3,084
Income tax provision	1,173
Income from discontinued operations	1,911